Group CFO
Orbits Business Group
Total years of experience :21 years, 8 Months
Major Achievements
• * Capital Restructure
• * Implementing Accounting Policies Procedure Cycle and Software
• * Reduce the solutions cost through strategic alliance deals.
• * maximize profitability and cash liquidity.
• * Startup the Saudi Branch.
• * Pricing Transfer strategy implementation to reduce the tax cost.
• * Strategic alliance with major banks to finance the solutions.
• * Create new business models to remove customer barriers.
• * Acting as country C.O.O.
Major Achievements
• * Implementing Accounting Policies Procedure Cycle and Software
• * Tax compliance and Inspection for 5 Years
• * Cash management and maximize the use of cash
• * 5 years Business Plan and Yearly budgeting.
• * working closely with HR for the best resource utilization.
• * Negotiation to get the best deals
• * Managing the legal team to comply with commercial law
Major Achievements
• * Managing a sophisticated accounting cycle with major issues in inventory.
• * Managing a sophisticated cash cycle with a major issue in finance
• * Getting finance from holding company through 5 years business plan.
• * Re-plan the purchase plan and cycle to maintain the availability of the goods.
• * Reduce the cost through best resources utilization & profitability maximization
• * Design and Implement internal controls
Major Achievements
• * Implementing and migrating operation and Accounting Software.
• * Design and implement accounting policies and procedures.
• * Tax compliance
• * Pricing transfer between inter companies.
• * Cash management
• * Projects and contract feasibility.
• * Design and Implementing the regular reporting kit
Major Achievements
• * Managing Holding Company Includes 3 Real Estate Companies, 2 Investment Companies (Private Equity and DIFC Co.)
• * Prepare consolidated financials with multi-currencies for multiple industries.
• * Report to Central Bank of Kuwait and comply with the regulations.
• * implementing the accounting system for several industries.
• * Unify the accounting policies and procedure across the group
Subsidiaries and intercompany accounts
Fixed assets
Cost of Revenue
Account Payable processing
Account Receivables Processing
Financials Report
Contracts Control and overview
Payroll costing and social security
Financials projects and integrations
Bank and cash reconciliation
Account Payable
Account Receivable
Fixed assets
Inventory and manufacture cost
legal procedure to increase the capital
letter of credit and guarantee