Vice President - Chief Financial Officer
First Qatar Real Estate Development Company
Total years of experience :21 years, 4 Months
+965 99634195
Formulate and recommend the management on the strategic financial direction of the business.
Sets, Develops and implements the financial operations policy and goals of the business.
Formulates, advises, benchmarks, monitors, reports and comments on investment/capex and cash flow
Carry out feasibility studies prior to investment on any new venture
Co-ordinate, manage, advice, review and analyze the formulation and compilation of budget
Ensure that financial strategies and objectives are reflected in the business plan
Forecast business performance and alert the management on current and future performance
Develop and analyze business costing structure (variance, actual versus budgeted), and continuously monitor these against the approved business plan
Define the processes within the department
Follow up the treasury function & Manage day-to-day treasury operations to ensure adequate cash flow
Identify, plan and manage business and financial risks
Ensure compliance with local, national and international regulations
Draft and implement debtors and creditors control process
Cost and financial accounting activities, as required
Manage audits, accounts production and board presentations
Prepare management reports of business performance and compare the actual results with the budget and highlight the variances and conclude about
Ensure that the internal controls are properly implemented and applied
Prepare financial reports in accordance with IAS
Prepare standard and customized financial reports for the business and as required by the top management
Exposure to Financial Application Systems:
Oracle Financials:
Handled outsourcing including design, development, and implementation.
Delivered financial operational analysis, business process re-evaluation, user training, and testing of modules.
Tally Financial system
Managed implementation of converting all manual financial records of backlog years into structured and
auditable data.
Formulate and recommend the management on the strategic financial direction of the business.
Sets, Develops and implements the financial operations policy and goals of the business.
Ensure that financial strategies and objectives are reflected in the business plan
Define the processes within the department
Manage day-to-day treasury operations to ensure adequate cash flow
Ensure compliance with local, national and international regulations
Manage audits, accounts production and board presentations
Prepare financial reports in accordance with IAS
Prepare standard and customized financial reports for the business and as required by the top management
Assist The Group Finance Manager
-Prepare the monthly financial statements
-Prepare the financial analysis
(Variance, trend, and ratio analysis)
-Comment and conclude on the financial analysis results
-Prepare a weekly report summarizing the financial results of the Sector’s activities and conclude on it
-Evaluation of the visibility studies submitted to the Sector for joint venture
-Preparation of the Sector Budget
-preparing the year end financial statements for the Sector before & after reconciliation and adjustments
-Assist in the development of the staff capabilities using the computer
-Interviewing new employees
Review the production cost
Member of the purchase committee
Participate in the determination of the sales prices & credit policy
Break even analysis
Preparing the Budget
Preparing the cash flow making the necessary forecast for the cash in flow and out flow
Coordinate with the banks and other financial institutions for proper & efficient utilization of the Cmpany funds and resources
Preparing the periodic reports(monthly, Quarterly, yearly)
(Profitability, liquidity, variance, & ratio analysis)
Approve the Company payments
Review the monthly accounting results & approve it
Finalize the Company Financial Statements
Study and evaluate the new projects
Preparing the Group Budget
Preparing the cash flow making the necessary forecast for the cash in flow and out flow
Coordinate with the banks and other financial institutions for proper & efficient utilization of the Group funds and resources
Preparing the periodic reports(monthly, quarterly, yearly)
(Profitability, liquidity, variance, & ratio analysis)
Approve the Group payments
Review the monthly accounting results & approve it
Finalize the Group consolidated financial statements
Study and evaluate the new projects for the owners
Follow-up all the administrative affairs of the Group
- Planning, supervising, and implementing audit programs for clients working in various activities (evaluating and testing the clients internal controls structures, prepare the audit programs, follow up the audit team, & prepare
the financial statements with the auditor's report
- In charge for more than one client in the same time.
Supervising the audit work on each client, reviewing the audit files, and preparing the financial statements & auditor's report.
- participated, as instructor, in many training courses in accounting, auditing, and computer
- Participated in the system development process for Qatar National Bank
- In charge for the audit of Doha Bank Limited financial statements for the year ended Dec. 31, 1991.
-.In charge for the audit work of few trading companies In Doha, Dubai, and Oman
- Studying & following up the clients' tax positions.
- Preparing & submitting the clients' tax returns to The Kuwait Tax Authorities making the necessary negotiation with the tax inspectors to reduce the clients' tax liabilities.
- Participated in the audit work of Oil Co.'s,
Manufacturing & trading Co.'s, nonprofit organization, and publishing companies
-in charge for auditing small size companies including planning & program development
- Preparing & maintain the stock control accounts
- Preparing & maintain the cost accounts :
( Job orders' accounts, manufacturing and work in process account)
- preparing & maintain the fixed assets register
2- CERTIFIED PUBLIC ACCOUNTANT NOV. 1992 EGYPTIAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS ( PRELIMINARY EXAM. ) Pass 3- CERTIFIED TAX ADVISER APRIL 1992 EGYPTIAN SOCIETY OF TAX ADVISERS 4- CPA EXAMINATION REVIEW COURSE OCT. 89 - APR. THE AMERICAN UNIVERSITY IN CAIRO 5- COST ACCOUNTING DIPLOMA (PART 1) OCT. 88 CAIRO UNIVERSITY 6- AUDIT LEVEL 1 & 2 COURSE (Auditing & Planning the Audit) AUG. - SEP.88 PRICE WATERHOUSE CAIRO 7- ACCOUNTING STANDARDS MAY 1990 ARTHUR ANDERSEN - CAIRO 8- AUDITORS REPORTS MAY 1990 ARTHUR ANDERSEN - CAIRO 9- REFERENCING JUNE 1990 ARTHUR ANDERSEN - CAIRO 10- FIRMWIDE AUDIT STAFF TRAINING SCHOOL (FASTS 1) JUNE 1990 ARTHUR ANDERSEN - CAIRO 11- BASIC CONSTRUCTION SCHOOL JULY1990 ARTHUR ANDERSEN - CAIRO 12- EUROPEAN BANKING SCHOOL JULY 1990 ARTHUR ANDERSEN - CAIRO 13- AUDIT PRODUCTIVITY COURSE JULY 1990 ARTHUR ANDERSEN - CAIRO 14- FIRMWIDE AUDIT STAFF TRAINING SCHOOL (FASTS 2) AUG. 1991 ARTHUR ANDERSEN - SPAIN 15- AUDIT SAMPLING COURSE SEP. 1991 ARTHUR ANDERSEN - CAIRO 16- E.D.P BASICS COURSE OCT. 1991 ARTHUR ANDERSEN - CAIRO 17- EUROPEAN BANKING SCHOOL ( INSTRUCTOR.) JULY 1990 ARTHUR ANDERSEN - CAIRO 18- LOCAL OFFICE BASIC ACCOUNTING COURSE ( INSTRUCTOR )SEP. 1991 ARTHUR ANDERSEN - CAIRO 19- Excellency in Financial Management course - Kuwait 20- Investments valuation Course - Kuwait 21-Dicesion making support systems course- Kuwait COMPUTER SKILLS 1- MICROSOFT WINDOWS 2000 & XP 2- MICROSOFT APPLICATIONS2000 & XP 3- COBOL PROGRAMMING COURSE FEB. - SEP/85 CAIRO UNIVERSITY 4- AUDIT PRACTICE SUPPORT SYSTEM PRICE WATERHOUSE - CAIRO 5- MICRO TRIAL BALANCE SUPPORT ARTHUR ANDERSEN - CAIRO