Director of Finance - consultant
Al Ghurair Investment Group
Total years of experience :33 years, 5 Months
I am responsible for Cement Plant Project, with a total plant capacity of 13000 tpd clinker # 5 mio /tpa cement, 450 staff members.
Tasks & Responsibilities
Manage the Treasury and Finance functions where I achieved an effective internal controls in line with the regulations of the Sarbanes-Oxley act. Act as country super user for SOX.
Ensure that the Company’s financial information is timely, accurate and complete.
Conducted and developed the feasibility studies for the project including market research, technical analysis and financial modeling and analysis.
Ensure business in conducted in compliance with IFRS, local statutory, , and Tax regulations and follow internal policies and guidelines
Responsible for cash flow management, projections and forecasting.
Report on the financial performance of the operations on a monthly basis (actual and rolling estimate results); meet all submission deadlines.
Analyze all major variances to plan, and work closely with the budget owners to drive corrective measures.
Identify and communicate Risks and Opportunities; drive initiatives to capture Opportunities / mitigate Risks and grow productivity
Manage all BP P&L and balance sheet processes and presentations, ensuring all deadlines met with quality analysis and commentary
Review all project related contracts and any addenda, subsequent correspondence, proposed change orders and tender revisions.
Ensure contracts conform to local regulatory and legal requirements and practices as well as FIDIC.
Managing trade finance facilities includes
o efficient utilization of banks working capital facilities
o Handling of Import & Export LCs
o LC refinancing
o Handling of Financial Guarantees (Bid Bond, Performance Guarantee & Advance Payment Guarantee etc.)
Manager Investment, Financial Analysis
( Dec. 2011 - July 2016 )
Managed the research, review and analysis of investment data/reports to ensure financial results and analytics are accurate.
Performed the reporting functions of investments, which include analysis of investment data, preparation and review of investment footnotes and MD&A and audit support.
Assist in the preparation of Investment Committee Memoranda and participate in presentations
Developed and reviewed of detailed excel financial models.
Prepared marketing documents, proposals for services and responding to public procurement tenders.
Assist with overall business development
Internal Audit Manager ( Apr, 2009 - Dec, 2011 )
Analyzed the internal control system implemented in the organization according to COSO framework
Implemented Organization Leadership Practices
Lead and Managed the implementation of :
Internal Controls
Institutional Governance Framework
Fraud Risk Management Strategy
the Institutional Business Continuity Management (BCM) imperatives
Disaster plans
Focus on new Era of audit technique and universe: like Business culture, corporate governance, IT security, reporting & remedial action, industry legislation, beside the efficacy of the internal control process and Interaction with Risk management & Compliance
My main role was to transform NGO’s in Syria & Afghanistan, to regulated Financial Institutions among other Finance Responsibilities:
Facilitated relationships with leverage providers, including history of negotiating favorable intercreditor agreements and experience financing and/or syndicating whole loan positions with various lending sources
Developed the vision for the long-term financial strategy of FI- Syria and Afghanistan.
Led and directed First Microfinance Bank - Syria’s financial and fiscal functions.
Led and oversaw Capital planning; Assets /Liability management; Financial/Regulatory and other stakeholder reporting; Management Reporting; Financial Analysis; Planning and Budgeting.
Managed the staffing and training of financial personnel to ensure maximum efficiency and high quality performance of the department.
Tasks and Responsibilities:
1- Strategic Business Advisory
2- Capital, Liquidity, Asset/Liability Management
3-Financial, Regulatory, and Management Reporting
4-Budgeting
5- Performance Management, Training, Development, & Coaching
Within 14 years of working with Schlumberger Oil Services Co., I have progressively occupied the following positions:
Financial & Business Analyst - Middle East - Africa (2001-2005)
Internal Audit Manager - Middle East - Africa (1998-2001)
Finance Manager - Middle East - Africa (1994-1998)
Accountant - Yemen ( 1992-1994 )
Perform quality and timely Financial, MIS and other analytical reporting