Regional Department Manager
Chalhoub Group
مجموع سنوات الخبرة :18 years, 1 أشهر
of RPA project to automate and streamline Sales invoicing.
- Complete detailed budget for UAE and the regional markets, achieve through rigorous and detailed cost analysis
over 10% budgeted reduction in costs for 2019.
- Conduct a complete IT catalogue repricing exercise to reflect accurate and fair rates.
- Negotiate major IT contracts with Microsoft and Accenture. achieved reductions/more services for current spending.
- Balance sheet clean up exercise and introduction of a monthly reconciliation process.
Key Roles & Duties
• Budgeting and rolling forecasts, working closely with the operational and commercial teams in multiple countries
to achieve reduction in costs, complete competition analysis and maximize revenues.
• Prepare investments’ financial models, recharge mechanism/pay back estimate. analyze viability and added value.
• Suppliers’ contracts negotiations which resulted in reductions and avoidance of costs.
• Providing analysis and delivering insight that links financial reports to business strategies on monthly and quarterly
basis to CIO and head of Finance.
• Providing effective commercial procedures, or initiating change, to ensure key operational, commercial and
financial targets are delivered.
• Building partnerships and maintaining strong relationships with all senior managers, their teams and external
customers / suppliers.
an AIM listed £1.7b+ turnover group with multi-national interests in leisure travel (Jet2.com), aviation (Dart
co.), leisure holidays (Jet2holidays) and distribution & logistics (Fowler Welch) within the UK, Europe,
America and nearby markets. Group’s CAGR over the last financial year have been Turnover +19%,
Operating Profit +28% and Deferred Revenue +28%. Reporting to CFO, CEO and the board.
Key Achievements
- Key role in supporting Charter services achieving YOY double figure % increase in revenue through analysis of routes’
profitability and recommending additional revenue streams.
- Successfully supporting Charter team maximizing the benefits resulted from the collapse of a competitor within the
industry (Monarch Airlines) through timely analysis of routes profitability and commercial benefits of adding new services.
- Standardizing the monthly reporting function for Leisure Travel Reporting which is considered a key role within the
Leisure Travel team.
- Key team member in implementing and testing Cabin Crew In-flight sales commission BI system which replaced the
manual calculation process.
- Analysis of IT projects, business cases preparation, continuous review of implementation progress and spend versus
forecast variance analysis.
Key Roles & Duties
• Finance business partnering with key stakeholders, providing help and support to drive and influence future
decision making.
• Preparation of budgets, 2+10 forecast and monthly rolling reforecasts covering the key aspects of delivering to the
timetable, supporting budget owners and the completion of commentary
• Preparation of timely and accurate monthly management accounts and Flash reporting for Leisure Travel including
the completion of high quality and insightful financial reporting commentary and liaising with other team
members.
• Monthly accounting for the Charter and Royal Mail division in the business, analyze revenue, Oil & Fuel accounting
and update costing to reflect latest rates and activity and monthly reporting on performance.
• Monthly accounting of ACMI’s and Subcharter costs including the monitoring of minimum guarantees and crews
per DIEMS, identify the required flying hours to achieve or hours to reduce to avoid penalties.
• Reconciling and managing critical intercompany accounts including any necessary journals and invoices while taking
account of any impact it might have from finance function perspective.
• Perform month-end activities including accruals, prepayments, journal entries and other month end procedures.
SLH
CAP HPI is a wholly owned company by NYSE listed US based Solera Holdings, Inc. (de-listed in Dec 2015), considered as
a worldwide market leader in the automotive industry, vehicles’ valuation and insurance. During my time
working at the organization the finance function successfully dealt with the merger of CAP with its rival
HPI, the de-listing of Solera Holdings, its acquisition by giant private equity (Vista) and the set up of
Provider of dental services with 24 clinics across UK, Genix Healthcare is a rapidly growing company with continuous growth
recent years. Responsible for group management accounts and the commercial partnership of a sister
concern, I also did critical balance sheets control accounts reconciliations leading to streamlining of
internal controls and processes.
Key Achievements
- Joined as a Finance Assistant, promoted to an accountant in December 2010 and to a group financial accountant in
January 2012.
- Successful Financing for new venture (Sparkle Dental) of £ 1m facility by external partners.
- Significant involvement in commercial and operational activities during the start up of the new venture including
recruitment, marketing, and logistics.
- Completing and submitting financial requirements for NHS contract tenders that led to winning lucrative contracts to the
business.
- Lead the apprenticeship scheme - finance. The recruitment and continuous development of 3 apprentices.
Key Roles & Duties
• Involved in preparation of financial information for internal management accounts and annual external audit for the
group including the consolidation of 24 NHS contracts profit and loss accounts under the supervision of the Financial
Controller. Annual Accounts were externally audited by Deloitte.
• Prepare monthly cash flow forecast, monitor daily, and provide explanations for any variances along with suggested
solutions to both Financial Controller and Finance Director.
• Involved in preparation of the annual budgets per dental surgery and the annual financial statements forecast for the
business.
• Perform expenses analysis and overseeing the purchase order accrual system to allow more timely identification of
anomalies and more accurate reporting of financial numbers monthly.
• Responsible for systems & controls implementation and testing for both income and expenses transactions. Maintain
controls over revenues, both NHS contracts and private sales.
• Heavily involved in the startup of the business including preparation of 3 years financial accounts forecast, products
costing, and a business plan for financing purposes discussed and approved by board of directors and the lenders.
• Direct involvement in operation to help maximize turnover and achieve full utilization of resources. Monitoring our
sales representatives’ activity. Negotiated the agreement contract with our logistics partner Fedex to provide the
pickup and delivery service of our dental lab work.
Direct responsibility for guests’ accounts - posting charges invoicing, customers' accounts reconciliations, stock
control and giving credits where necessary.
placement to gain work experience. Duties included assistance in Preparation of Accounts & Financial
Statements, Tax Calculations & Tax Returns, Banks reconciliation, Bookkeeping and VAT calculations.
Key Roles & Duties
• Audit: As a part of the Audit team, involved in planning, organizing and conducting field work along with presenting
reports to audit manager on the audit of sole traders and limited companies.
• Accounts/Taxation: Preparation of financial accounts and relevant taxation matters of sole traders, partnerships
etc...
Reconciling all bank accounts and report balances and variances to the direct manager.
• Receive all invoices, ensure correctness and post on the accounting system.
• Report un-reconciled balances on weekly basis to the direct manager and follow up with treasury for proper
treatment.
• Maintaining records of all bank accounts and loan contracts.
August 2015.
- Successful Implementation of SOX internal control within the finance department.
- Full integration of new businesses acquired in 2014 including the setup of new database and migration from QuickBooks
to Sage 200.
- Driving force in the transition and transfer of the finance function to shared services through attending regular meeting
with senior finance members, preparing handover plan and support its execution.
- Represented the finance team during redundancy consultation which resulted in successfully redeploying some of the
team in other business departments.
- Finalizing the audit for new subsidiary acquired (historical 3 years), auditing on closing balances when CAP acquired once
by US based listed company UK GAAP/US GAAP and then by US based PE business.
Key Roles & Duties
• Preparation of monthly and annual group consolidated accounts under UK GAAP and adjustment for US GAAP and
the appropriate consolidations required.
• Budgeting and rolling forecasts, working closely with the operational and commercial teams to incorporate their views
in the output including the quantifying of data regarding market share, competition and expected growth.
• SOX Compliance and Internal/external controls Audit. Complete Risks Control Matrix RCM and providing information
to internal and external auditors and SOX testers.
• Regular review of internal controls, policies and procedures. Recommend improvements and ensure compliance with
the finance function.
• Reconciliation of critical balance sheet items such as Accruals, Deferred Income, and Prepayments. Ensuring
sufficient back up documents and schedules are will maintained and up to date.
• Monthly analysis of results and cost centers reviews. Ensuring that a proper review of results is done and those
variances against forecast and prior months are fully understood and explained properly.
• Statutory accounts production UK GAAP, preparation of supporting schedules, adjustment for US GAAP, updating all
required notes and narratives and liaising with auditors (Deloitte) to ensure annual audit is successfully competed for
all operating entities.
courses: 2014 – 2014 ICA Certificate in Compliance International Compliance Association