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Alaa Abdallah, Finance Manager – Group Finance

Alaa Abdallah

Finance Manager – Group Finance·Yasmine Palace Group

Qatar

Bachelor's degree, Finance

Work experience

Total years of experience: 12 years, 7 months

Finance Manager – Group Finance

December 2021 - Present

Yasmine Palace Group

Doha, Qatar

December 2021 - Present

- Lead full finance function across multi-unit operations including budgeting, forecasting, and P&L oversight.
- Build financial models for revenue forecasting, cost scenarios, labor productivity, and investment decisions.
- Manage OPEX and CAPEX cycles including feasibility, ROI, and contractor financial evaluation.
- Lead finance, procurement, and cost control departments with strict policy and compliance enforcement.
- Conduct variance analysis, performance reviews, and executive-level financial presentations.
- Manage internal audit, external audit coordination, tax compliance, and financial governance.
- Oversee cash flow planning, banking relationships, credit facilities, and supplier negotiations.
- Review payroll for 350+ employees monthly and ensure compliance with contracts and regulations.
- Lead multi-department financial consolidation with HR, purchasing, operations, and logistics.
- Strengthen cost control processes, reduce leakages, and drive operational efficiency.
• Major Achievements:
- Negotiated major lease restructurings resulting in significant annual rent savings.
- Secured large insurance recoveries through detailed financial documentation.
- Improved monthly financial closing timelines and accuracy.
- Enhanced forecasting precision with dynamic financial modeling frameworks.
- Supported expansion plans and multi-branch scaling with strategic financial analysis.
- Manage owner financials of a multi-unit residential building including rent roll, collections, and tenant reporting.
- Prepare quarterly owner financial statements covering revenue, maintenance expenses, and distributions.
- Lead CAPEX planning, vendor evaluation, and renovation financial feasibility.
- Coordinate with German accountants, property managers, and local authorities for financial compliance.
- Prepare acquisition studies and cashflow projections for additional units under consideration.

Company industry:
Hospitality & Accomodation
Job role:
Hospitality and Tourism

Accounting Manager

January 2020 - January 2021

Agribond Group

Saidon, Lebanon

January 2020 - January 2021

- Led accounting operations and audit approvals for all financial entries.
- Prepared financial statements and supported internal audit functions.
- Managed monthly closing, reconciliations, and compliance cycles.

Company industry:
Livestock
Job role:
Manufacturing

Accounting Manager

January 2013 - January 2020

Virtual Hospitality

Beirut, Lebanon

January 2013 - January 2020

- Managed accounting operations and reporting.
- Conducted menu engineering, costing, and pricing development.
- Handled VAT, CNSS, and regulatory submissions

Company industry:
Hospitality & Accomodation
Job role:
Hospitality and Tourism

Education

Lebanese University

September 2013

September 2013

Bachelor's degree, Finance

Lebanon

Skills

CRYPTOCURRENCY
Intermediate
CRYPTOCURRENCY
Intermediate
FINANCIAL ANALYSIS
Intermediate
FINANCIAL ANALYSIS
Intermediate
HOSPITALITY
Intermediate
HOSPITALITY
Intermediate
PROPERTY MANAGEMENT
Intermediate
PROPERTY MANAGEMENT
Intermediate
REAL ESTATE
Intermediate
REAL ESTATE
Intermediate
REAL ESTATE FINANCE
Intermediate
REAL ESTATE FINANCE
Intermediate
STRATEGIC PLANNING
Intermediate
STRATEGIC PLANNING
Intermediate
BUDGETING
Intermediate
BUDGETING
Intermediate
ENTERPRISE RESOURCE PLANNING
Intermediate
ENTERPRISE RESOURCE PLANNING
Intermediate
FINANCE
Intermediate
FINANCE
Intermediate
FINANCIAL MODELING
Intermediate
FINANCIAL MODELING
Intermediate
FINANCIAL PLANNING
Intermediate
FINANCIAL PLANNING
Intermediate
FORECASTING
Intermediate
FORECASTING
Intermediate
MICROSOFT EXCEL
Intermediate
MICROSOFT EXCEL
Intermediate
OPERATIONS
Intermediate
OPERATIONS
Intermediate
PERFORMANCE ANALYSIS
Intermediate
PERFORMANCE ANALYSIS
Intermediate
STRATEGIC DECISION MAKING
Intermediate
STRATEGIC DECISION MAKING
Intermediate

Languages

Arabic

Beginner

English

Beginner

Training and Certifications

Certifications
Certified Management Accountant (CMA)
IMA
Sep 2026
Qatari driving license

Hobbies and interests

Soccer