Alaa Albarakat CPA, Financial Control & Analysis Supervisor

Alaa Albarakat CPA

Financial Control & Analysis Supervisor

Gulf Insurance Group

Location
Kuwait - Hawali
Education
Bachelor's degree, Business Administration and Accounting
Experience
8 years, 2 Months

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Work Experience

Total years of experience :8 years, 2 Months

Financial Control & Analysis Supervisor at Gulf Insurance Group
  • Kuwait - Al Kuwait
  • My current job since July 2023

- Perform comprehensive financial analysis and performance evaluations for the group's various lines of business.

- Provide valuable insights and recommendations for proper resource management, maximizing revenue and cost optimization.

- Collaborate with cross-functional teams to develop reasonable budgets and forecasts, inline with business objectives.

- Work closely with various departments to obtain understanding of their financial needs, provide guidance and assist in achieving financial goals.

- Contribute in developing financial strategies, identifying growth opportunities, risk mitigation and improving financial efficiency.

- Prepare and present Group's montlhy consolidated financial statements in accordiance with IFRS and IAS.

- Support in developing financial reporting policies and procedures and SOX implementation.

Senior Financial Analyst at The Sultan Center
  • Kuwait - Al Kuwait
  • January 2021 to July 2023

- Prepare monthly financial and performance analysis reports for strategic decision making and business development.

- Perform cyclical business processes including budgeting, forecasting and variance analysis to provide operational improvement suggestions.

- Build financial models, handle CapEx budget control & Working Capital Management.

- Identify and analyse key performance indicators, business trends and consumer behaviour.

- Provide valuable insight and analysis to aid other departments' decision making, and work closely with them to optimize their ROI.

- Prepare Group's consolidated financial statements in accordiance with IFRS and IAS.

Senior Auditor at RSM Albazie & Co.
  • Kuwait - Al Kuwait
  • March 2016 to December 2020

- Conduct comprehensive audits and reviews on clients’ financial records and internal controls

- Apply and ensure compliance with IFRS and IAS on client’s financial statements

- Evaluate the appropriateness of accounting policies and the reasonableness of accounting estimates and related disclosures made by management

- Identify and assess the risks of material misstatements, whether due to fraud or error, then design and perform audit procedures responsive to those risks

- Perform internal control tests and substantive audit procedures, conclude the findings of performed tests and procedures, and express an opinion on its' fairness

Education

Bachelor's degree, Business Administration and Accounting
  • at American University of Kuwait
  • January 2016

Specialties & Skills

Internal Controls
Financial Reporting
Auditing
Auditing
Financial Reporting
Internal Controls

Languages

Arabic
Expert
English
Expert

Training and Certifications

Certified Public Accountant (CPA) (Certificate)
Date Attended:
August 2017