GM
Rikaz/Nuummite
Total years of experience :23 years, 6 Months
Setting up a team of professionals, backed by a strong suite of advisers.
Managing a Team which has extensive commercial and operational global experience, combined with an in-depth knowledge of the Middle East market place.
Operating multi-sector exposure and diverse know-how, in disciplines that include corporate advisory, strategic consulting, turnaround management and business development.
Ensuring the team is well-placed to help clients capitalize on excellent commercial opportunities with unparalleled vision, flexibility and insight.
Exploring new business opportunities in remaining GCC countries, plan for expansion and establish business accordingly.
Building diversified data base for clients in the GCC by exerting tremendous business development efforts for potential business opportunities.
Conducting Seminars, workshops, meeting executives and top management to discuss VAT implications and bring business to the table.
To assist my clients, in providing direction and oversight for major decisions affecting the Business.
Responsible for building team and office and my major role in the active development of the portfolio of clients within the following sectors (Hotels, Trading, Banking, Insurance, Healthcare, Real Estate, Manufacturing, Pharmaceuticals, Food & Beverage, Airports/Aviation & Airlines, Hospitality/Tourism, IT & Telecommunication and Contracting & Construction).
Assurance practice management - New clientele & public relations.
Managed about ~50 experienced professionals with different nationalities and Improve Staff Productivity.
Liaison with external parties including client top management & regulatory authorities.
Ensure effective audit & documentation - from planning till reporting.
Ensure adequate staff training on business related matters.
Conduct / assist inhouse staff & external client trainings.
Act / assist as resource person to represent the office in front of Clients’ Board of Directors, Audit Committees and Executive Management.
Managed teams to complete tax tasks, business implementation projects, compliance and consulting engagements.
Served as regional coordinator with several offices in KSA and Gulf to assist in Business Development and Implementation for a multinational Companies.
Manage “Technical Committee”, which acted as the helpdesk for major VAT related issues / queries.
Attend business conferences & workshops in GCC region.
Conduct risk assessments and identifies controls in place to mitigate identified risks.
Monitoring the Finance Department’s Performance and Capabilities.
Monitoring & Controlling Effectively Cash Flows, Collections, Optimizing Operating Expenses, Enabling Effective Mgmt. Decision Making which will Improve the Financial Results of the Company.
Ensuring Superior Service Quality by Effective Implementation of Financial Control Practices, Establishing & Maintaining Good Relations with Stakeholders & Internal Customers, and Responding Efficiently & Effectively to the Requirements of Stakeholders & Internal Customers Always which will improve the Commercial Value of the Company.
Making Suggestions for Improvements in All Areas of The Company’s Operations.
Supporting the compliance with the internal controls requirements of various sections including the finalization of the Policies and Procedures, Company profile, Contracts, Reporting Templates …. etc.
Highlighting Opportunities for Developments and/or Cost Savings, in Line with the Financial Strategy of the Business.
Contributing to Achieve Company’s Strategic Objectives by Maximizing Revenues and Profitability.
June 2008 - Present Airport International Group Amman, Jordan
Compliance Director:
*Policies and Procedures (P&P) for Compliance Programs Responsibilities:
Initiates, develops, and maintains, integrates and revises AIG Integrated Compliance Programs and revises P&P for AIG Compliance Program and its related activities to prevent contractual failure to fulfil all obligations, covenants, deadlines, and prevent any illegal, unethical, or improper activities.
P&P & Compliance Program will need to cover various contractual layers of the organization to make sure that we are fully in compliance, including Project Agreements(With: Grantor, O&M, Lenders, Shareholders Agreements, etc.), Operation Revenues & Expenses Agreements, Insurances (Claims, follow ups such as Surveys recommendations, etc.), Internal P&P, Internal Standard of Conduct, Internal By Laws among others. Update compliance programs & maintain development of periodical reviews.
Initiates investigative procedures in case, there is a violation of agreements, P&P, rules or regulations.
Acts as an independent review and evaluation body to ensure that compliance Issues/concerns within the organization are being appropriately evaluated, investigated and resolved.
Monitors, and as necessary, coordinates compliance activities of other departments to remain abreast of the status of all those programs.
Identifies potential areas of compliance vulnerability and risk; develops/implements corrective action plans for resolution of problematic issues, and provides general guidance on how to avoid or deal with similar situations in the future.
Provides reports on a regular basis, and as directed or requested, to keep the Audit Committee of the Board and senior management informed of the operation and progress of compliance efforts. Covers and develops ad-hoc activities to cover any request from management or audit committee.
Advise on the changes of law proactively and propose operational changes to make sure that proper development activities or efforts for greater compliance and best practices with these new changes are implemented.
*Compliance Responsibilities related to Internal Auditing Activities:
Plan financial, regulatory or operational reviews related to compliance.
Conduct risk assessments and identifies controls in place to mitigate identified risks.
Perform compliance procedures to verify that controls are operating through testing and interviewing techniques.
Analyze and concludes on effectiveness and efficiency of control environment.
Identify control gaps and opportunities for improvement.
Assess, evaluate and promote compliance.
Attend meetings, whenever so requested by the Company, review and advise on minutes of meetings upon request.
Financial Controller - Acting CFO:
Improve the Financial Results of the Company Through Monitoring & Controlling Effectively Cash Flows & Investments, Optimizing Operating Expenses & Reducing Financing Costs, Enabling Effective Mgmt. Decision Making, and Establishing Controls & Processes for Effective Internal Audit Reviews, External Audit and Tax Legislations.
Improve the Commercial Value of the Company Through Ensuring Superior Service Quality by Effective Implementation of Financial Control Systems / Practices, Establishing & Maintaining Good Relations With Stakeholders & Internal Customers, and Responding Efficiently & Effectively to the Requirements of Stakeholders & Customers at All Times.
Improve Staff (of 33 persons) Productivity and Capabilities, Improve Subordinates’ Motivation & Skills Through Continuous Training & Development.
Assist Company to Achieve its Strategic Objectives by Maximizing Revenues & Profitability Through High Quality Reporting, Monitoring Performance & Highlighting Opportunities for Developments & / or Cost Savings and preparation of policies and procedures and internal control documentation in line with business strategy.
Responsible for all general ledger accounting functions and modules implemented in ERP System- Great Plains.
Coordinate and execute the monthly, quarterly, and annual closing processes including reconciliations and reviews.
Circulate all reporting on timely basis for the use of management, the board, investors and producing required KPI’s.
Responsible for the budgeting process and the development of the annual budget.
Provide monthly budget reports to the company and to budget holders, working closely with them to make accurate decisions through analyzing Actual vs Budget variances’ reports.
Perform accounting research and advice on technical accounting issues including revenue recognition.
Generate and continually improve reporting to Management, Board, and investors and financial institutions. Respond to management inquires regarding financial information and performance measures, as needed.
Assist CFO in Developing & Maintaining Financial & Non-Financial Corporate & Divisional Reports.
Develop & Maintain Controls, Systems & Process Ensuring the Efficient & Effective Management of the Company's Finances & Compliances With Statutory Requirements, in Line With the Financial Strategy of the Business.
Improve Personal & Staff Productivity (of 13 persons) And Information Accounting Systems in Line With User Requirements.
Oct.2000 - June 2008 Orange_Member of France Telecom Bahrain, and Jordan
*Head Of Finance - Lightspeed Communications, Orange - Bahrain
Performs all Financial Control activities; Reporting, Budgeting, etc…
Manages all transactions in all accounting cycles within the unit.
Manages, monitors, and follows up on the process of collection.
Prepares bank reconciliations.
Prepares monthly salary payments and deductions.
Performs monthly closing & checking for KPIs: IS and BS.
Responsible for overall centralized Finance and HR admin functions.
Acts as contact point with Jordan Telecom Group management for all financial issues (budget, monthly reporting, etc…).
Represents JT Group finance in Bahrain to maximize ROI or minimize costs.
* Jordan Telecom Group, Orange - Jordan
-Accounting Dept.- Banking & Cash Accounting Section:
Monitoring all day to day cash flows incoming/outgoing from banks.
Preparing reconciliations, entries/analyze huge data/Fin.Sys.applications.
Managing exp. claims PMT, foreign curr. deposits, & banks coll. of receiv.
Following up returned cheques, claims, theft & fraud.
Coordinating with all related sections, depts., collection centers & banks.
-Accounting Dept.-Revenue Acctg., Billing & Debtors Control Section:
Controlled local coll. & deposits, & provided GL with revenue accounts.
Contacted collection centers & coordinated mail delivery (Aramex).
Recorded billed revenue & estimated unbilled revenue each month-end.
Established a standard description for coll.centers, & trained apprentices.
-Accounting. Dept.-Fixed Assets/Projects & Inventory Accounting Section:
Maintained records of F.A., warehouse mat., suppliers & projects in prog.
Issued suppliers payment run, capitalized projects, & calculated depr.
Made needed entries for: additions, repairs, disposals, & depreciation.
Controlled quantities, prices, purchase orders & inventory counting.
Participated in auction committees & represented fin. sector in meetings.
Business Essentials program to enable providing a solid foundation in current business theory and practice; with a solid framework for making better business decisions. Modules: (Corporate & Business Strategy, People Management, Marketing Strategy, Excellence in Leadership, Accounting basics & Financial Management, Customer Relation Management, Supply Chain Management)
In 2 years having achieved the academic requirements of the Global ACI-ICAO Airport Management Professional Accreditation. Modules: Course 1_Air Transport System. Course 2_Airport Charges. Course 4_Airport Planning Development and Environmental Management. Course 5_Airport Operations, Safety and Security_AOSS. Course 6_Airline Management for Airport Professionals.