finance director
Qassim Cement Company
Total des années d'expérience :27 years, 8 Mois
During the past 13 years with Lafarge, I have performed different jobs ranging from being the Controller / head of Finance of Fuhais Cement plant for 3 years then assigned at the country level as Project Manager for “Cost Reduction & Cash Maximization” followed by being the country Industrial Controller to face the upcoming competition and the international economical crisis, then assigned the responsibilities of Finance Director of the Ready Mix product line. Starting March 2015, have been assigned the responsibilities of Country CFO for Lafarge Jordan then scope expanded since May 2017 to cover Procurement department.
Major Activities during service with Lafarge:
1. Participate in key decisions as a member of the executive management committee.
2. Board member of Lafarge Ready Mix Company & ensure corporate governance by being member of the Audit Committee.
3. Assist in formulating the company's future direction and supporting tactical initiatives
4. Monitor and direct the implementation of strategic business plans
5. Develop performance measures that support the company's strategic direction
6. Manage the accounting, procurement, investor relations, tax, treasury, internal control and controlling departments.
7. Oversee the financial operations of subsidiary companies and foreign operations
8. Manage any third parties to which functions have been outsourced
9. Oversee the company's transaction processing systems
10. Implement operational best practices
11. Supervise acquisition due diligence and negotiate acquisitions
12. Manage Jordan County Budget of around 100MJD in-accordance to Group requirements
13. Design, implement and maintain adequate internal controls, including preventing or detecting financial reporting errors and irregularities.
14. Develop business analyses and statistics to ensure optimal business strategy implementation.
15. Optimize production at the BU level to deliver the best value in terms of COI
16. Manage the Capital Investments portfolio for Lafarge Jordan
17. Identify spots for improvements to reduce the overall company cost and generate more cash.
18. Ensure accurate & timely monthly accounting closing and financial statements.
JAC is an aircraft maintenance facility that provides various state of the art services ranging from light to heavy Air craft maintenance, Aircraft painting and Logistic Support.
Head of Finance Department and activities include, but not limited to:
1. Head of Finance & Procurement Departments
2. Implementation of an ERP system (Financial, Human Resources, Production and Logistic modules)
3. Budgeting and Business planning preparation and follow up, liaise on with other departments to create yearly budget and ensured minimal budget and business plan deviation.
4. Financial Statement preparation and coordinating with external auditors.
5. Furnishing management with Financial and Managerial analysis to facilitate decision making process and company strategic planning.
Conducting different internal audit assignments (Financial and Operational auditing) over three companies (Jordan Telecom, MobileCom and Wanadoo).
Managing the internal audit function in one of the Group subsidiaries - MobileCom; that provides Mobile/GSM Services - in addition to executing different audit assignments at Jordan Telecom.
Typical activities include:
1. Managing the audit function in MobileCom through preparing the annual audit plan (Operational & Financial audit projects) and providing continuous guidance and supervision to the audit staff.
2. Assisting the company in designing business processes to govern their respective activities to ultimately achieve their business objectives.
3. Benchmarking existing processes against global best-practices to enhance the operational effectiveness and efficiency of existing policies, procedures and practices.
4. Provide guidance with respect to Key Performance Indicators (KPI’s) for various business functions.
5. Analyzing the company financial statements on a monthly basis in an effort to identify possible red flags that need additional audit attention and follow up.
6. Communicating results and drafting reports & recommendations to the management.
Structuring and performing the internal audit of different business entities owned by the Group and located in various cities in Saudi Arabia. Audit performed was controlled and supervised by (Arthur Andersen & Co - Internal Auditors).
Assessing the adequacy of internal control design for various business functions/processes ( i.e., Billing, Credit & Collection, Procurement, Receiving & Shipping …etc.) and ensured that relevant internal controls are built into the related business processes.
Helping the management in the identification of risky areas and control weaknesses/deficiencies; having thus far, agreeing with concerned management on recommendations/action plan to enhance the over all operating effectiveness/efficiency.
Experience gained covers the following segments:
End of month journal entries, Closing financial statement and financial reporting.
Reviewing out station sales, expenditures and preparing the necessary journal adjustment entries.
Reconciling supplier’s accounts, solving pending balances, and checking for duplicate payments.
Ensuring that all applicable laws and regulation are being followed and adhered to.