Senior Manager - Finance & Strategic Planning
Al Hilal Bank
Total des années d'expérience :19 years, 5 Mois
Working as Senior Manager, in Strategy and Business Development unit of Finance and Strategic Planning group of the Bank, reporting to Chief Financial Officer. Strategy and Business Development unit is mainly involved in assisting senior management in establishing medium term strategy of the bank and financial forecasts, periodic management reporting, industry analysis and benchmarking reports, analyzing international expansions and managing investor relations function.
Additional responsibilities undertaken / Achievements:
- Worked with our Debt Capital Market division and working group \[including joint lead managers, lawyers, listing agents etc\] for the issuance of senior Sukuk \[Islamic bonds\] in the year 2013 and additional Tier 1 Sukuks \[subordinated Islamic bonds\]
- Coordinated with our rating agencies \[Fitch Ratings and Moody’s\] for the end-to-end external credit rating process
- Working with Ernst & Young Russia to develop the medium strategic plan for our subsidiary in Kazakhstan
- Carried out various training sessions across departments on the first time implementation and adoption IFRS-9.
Key responsibilities:
- Coordinating with the Executive Committee of the Bank for the development of medium term strategic plan and financial forecasts and annually reviewing these forecasts
- Coordinating with the senior management and heads of all business units for preparation of annual business plan based on the medium term strategic plan, current economic conditions, regulatory reforms, peer analysis and available resources
- Preparing periodic management reports on the current and past trends in various key performance indicators analyzing segment wise and product wise assets, financings, deposits, revenues, cost of funds and operating expenses
- Preparing monthly management reports on the variance analysis of actuals compared to the budgets
- Working with Business Intelligence tools and enhancing it to effectively monitor the performances of the Bank on a daily basis
- Performing benchmarking / peer analysis on key performance indicators and presenting key results to management
- Coordinating with rating agencies for submission of periodic information and presentations on business development
- Preparing annual reports including financial analysis and collating other information including risk management framework, corporate governance framework, annual audited financial statements and comprehensive disclosures
- Preparing financial feasibilities and performing industry analysis for international expansion
- Preparing financial feasibilities and performing due diligence studies for target companies for mergers and acquisitions
- Managing and motivating the departmental team to achieve functional and organizational objectives.
Worked as Manager, Audit & Assurance in Ernst & Young, Abu Dhabi, UAE in Financial Services Department of the firm directly reporting to the Partners.
Key responsibilities:
Accountable for overseeing the formulation of audit strategy, audit plan, managing its progress, review of working papers and getting the deliverables reviewed by partner and their sign off; coordinating with various professionals; mobilizing resources on the project; ensuring the budget recovery milestones are attained; managing client relationship; resolving conflict; mentoring personnel and assessing internal controls and preparing/reviewing the report thereon. Managed and carried out various assignments such as due diligence on mergers and acquisitions, review of accounting and business process, compliance with regulatory requirements and agreed upon procedures assignments.
Additional responsibilities undertaken / Achievements:
- Carried out various trainings on the core topics of IFRSs and International Standards on Auditing
- Participated in peer reviews in order to ensure the quality standards are met
- Obtained clearance of audit documentation by regulatory authorities in UAE and the E&Y Global
Worked as a Senior Auditor in Audit and Assurance Business Services of the firm directly reporting to Senior Managers and Partners.
Key responsibilities:
Responsible for formulating audit strategy, preparing audit plan, managing its progress, review of working papers and getting the deliverables reviewed by partner and their sign off; mobilizing resources on the project; ensuring the budget recovery milestones were attained; managing client relationship; and mentoring personnel.
Handpicked for following international assignments:
Ernst & Young International, Johannesburg 6 months Secondment (Oct 07-Mar 08)
Ernst & Young International, Al Khobar 4 months Secondment (Jan 07-Apr 07)
