Head of Admin and Finance
Future Communication Company
Total years of experience :11 years, 6 Months
FCC is Authorized Distributor of smartphone for Huawei, Lava, LG, Sony and HTC)
•Reporting to CEO on Monthly basis for the Financial and Business performance of the company.
•Key contact person for external auditors, banks, and other regulatory bodies.
•Acting as Internal control supervisor, to ensure appropriate controls within the sales cycle, financial controls and other legal compliance processes are in place and make any necessary revisions or additions if required.
•Leading and training the finance unit of the group companies from day to day basis and ensuring staff has enough awareness and knowledge of financial reporting.
•Complete management of Funds, payables, receivable, inventory costings and General ledger entries.
•Implemented the best practice HR policies and procedures, which resulted in lower rate of employee complains.
•Independently coordinating to finalize on the entire process and requirements of the External Auditors, to get the Audit reports on timely basis.
•Project Manager for implementing ERP solution across the group, liaising actively with all project stakeholders and responsible for training the end-users.
•Working on selling 100% equity shareholding of one of the group companies.
•Assessed the business feasibility for smart phone distribution and retail outlets.
•Responsible for developing and monitoring the sales KPIs, Monthly targets, Incentive structures
•Responsible for renewing the facilities of short term funds (WC Mudarbha, OD, LC Murabaha, Letter of Guarantee)
Key Contributions
•Re-defined the process of Supply Chain and Deliveries, which resulted in total time and resources required to maintain efficient warehouse operations to come significantly down.
•Introduced new process to check the credibility of the customers before registration. Made all the necessary Authorization Forms / Agreements templates to be used to protect companies’ interest.
•Slashed Finance & HR department manpower cost by 25% by re-defining the job responsibilities and regular strict assessments, while ensuring the efficient continuation and enhancements of services.
•Implemented software solution for HR, Fixed Assets, Sales Management and Service Center
Trained 15 key staff, while ensuring appropriate procedure and escalation processes are in place for total 70 employees of the organization to receive appropriate training
•Introduced a new perspective towards designing the incentive structure, which is in line with company strategy while keeping the sales managers fully informed about the benefits and worst-case scenarios of the same.
•Prepared financial model for budgeting and forecasting
•Implemented the appropriate changes required in software & processes for VAT Implementation, and trained the finance unit over it.
•Done the Debt restructuring of FCC, secured additional financing amounting to ~ US$6.0 million after negotiations with the Bank including presenting them with the business plan
| Reported to Asst. CEO and Financial Controller
(Atyaf Telecom is a multi-play enabler focusing on IPTV, voice, internet-converged service as a platform (SaaP), Company is a result of joint venture three major shareholding companies in the region Al Salam Bank, Olive VFM and Shabaka Investment Co. S.P.C.)
- Assisting in the preparation of funds’ statements & related documents
- Independently responsible for finalization of accounts and preparing financial statements.
- Liaising with external auditors (EY), lawyers and banks.
- Prepared monthly management accounts, shareholder consolidation and investment reports.
- Managed Employee Data files, LMRA Visa Applications, Gosi.
- Arranged for all corporate events and meetings.
- Dealing with correspondence, collating information and ensuring timely communication of corporate decisions to the relevant company stakeholders.
- Prepared all necessary contracts and agreements