علام Gir

Reporting to Group CEO, leading a team of 8 people, the key responsibility is presenting the Group’s Financial performance to the Groups’ Board members, Key responsibility includes:

• Providing financial performance reporting and financial support at an CEO & board members level in a rapidly growing and challenging business environment
• Responsible for reporting, coordinating and consolidating the group 3 years strategic plans and the annual budgeting process.
• Perform the Annual Budget, monitoring and controlling the operation performance insuring that the goals of the company are met and return on investment is maximized.
• Setting Treasury policy, cash management, forecasting and capital allocation to ensure consistency and risk management.
• Developing monitor control system which safeguard the group company’s assets
• Leading the annual statutory reporting process
• Automation of MIS Reporting in ERP

Reporting to Group CEO, leading a team of 8 people, the key responsibility is presenting the Group’s Financial performance to the Groups’ Board members, Key responsibility includes:

• Providing financial performance reporting and financial support at an CEO & board members level in a rapidly growing and challenging business environment
• Responsible for reporting, coordinating and consolidating the group 3 years strategic plans and the annual budgeting process.
• Perform the Annual Budget, monitoring and controlling the operation performance insuring that the goals of the company are met and return on investment is maximized.
• Setting Treasury policy, cash management, forecasting and capital allocation to ensure consistency and risk management.
• Developing monitor control system which safeguard the group company’s assets
• Leading the annual statutory reporting process
• Automation of MIS Reporting in ERP

• Spearheaded all financial aspects of the company strategy including financial planning and developing financial management mechanisms that minimize company’s financial risk
• Provided financial & business leadership, strategic consultation and guidance on financial issues affecting costs, operational performance & profitability of the organization
• Monitored overall accounting process for overseas entities, quarterly balance sheet reconciliations, reconciliation for retained earnings and reconciliations of vendor, customer, tax accounts, inter-company & inter-division accounts
• Liaised with bankers for setting borrowing limits & interest rates; monitored capex and fund flow
• Monitored preparation of board reports and global country performance presentations, that summarized & forecasted the organization’s financial position for maximizing profits & ROI
• Facilitated smooth execution of all legal contracts & financial covenants
• Delivered strong corporate governance framework that ensured compliance with statutory obligations; assessed internal controls and improved existing processes to strengthen internal controls
• Formulated annual budget, control income, cash flow and expenditure; establish guidelines for budget and forecast preparation; reviewed company bottlenecks and recommend changes to improve the overall level of company throughput
• Monitored the investment of funds, identify and manage associated risks, supervise cash flow planning, and execute capital-raising strategies to support the company’s expansion plans
• Steered the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations
• Conducted a variety of advanced financial analyses to determine, present forecasted financial health of the company; presented potential scenarios and outcomes to the senior management team

• Conceptualized annual audit plan for more than 35 companies in the group utilizing all the resources of the Internal Audit Division to ensure successful audit completion
• Drafted internal audit schedules and comprehensive audit programs; managed audits for different companies under the group in accordance with internal audits schedules
• Scrutinized the quality of work performed by Audit Team, motivated subordinates to improve quantity and quality of work performed and provided appropriate training and development opportunities
• Analyzed the adequacy of existing systems related to finance within the group and designed/ improved systems with efficient internal controls, ensuring timely implementation
• Performed audits to review and ensure effectiveness and adequacy of controls, assessed relevancy, reliability and credibility of financial and operating information and provided assurance to the management
• Prepared documents of audit findings and created detailed audit reports with recommendations to improve the efficiency in operations and internal controls for cost reduction and increase of efficiency and presented to the management
• Conducted the assessment of compliance with legal and fiscal requirements and other regulatory matters; ensured that governance and compliance are controlled and met and accounting procedures are properly implemented
• Analyzed evidence of deficiencies in controls, duplication of efforts, extravagance, fraud or lack of compliance with management’s established policies and procedures
• Maintained updated knowledge of changes and developments in the auditing field including laws, legislations,

Highlights:
• Spearheaded the activities of 14 Group Internal Auditors; led development and implementation of an audit control system for all group companies
• Pivotal in saving $ 4 million in annual bank interest by streamlining uniform interest rate for all group companies after negotiating various banks of the group companies

• Increased annual income by $ 3.5 million based on strong recommendation for opening showroom of Nokia’s Original brand / products across KSA to reduce grey market created by UAE’s Suppliers
• Monitored the financial operations of 75 locations through implementation of a new software - Focus
• Played a key role in development and implementation of policies and procedures manual in the company
• Managed a team of 12 members for managing internal audit function for 75 showrooms, 75 Service Points & over 5 major warehouses across KSA
• Steered the daily operations of the Accounting Department including month-end and year-end activities, AR/AP, general ledger, cash forecasting, treasury, budgeting, revenue and expenditure variance analysis, capital assets, fixed asset and debt activity
• Recognized for providing leadership to the team of 12 members for managing internal audit function for 75 showrooms, 75 Service Points & over 5 warehouses across KSA as Internal Audit Manager
• Evaluated the effectiveness of internal control systems and procedures, identified and listed any deficiencies in the current procedures, suggested potential improvements and offered solutions relevant to business and risk

PREVIOUS EXPERIENCE
Dec’95-Sep’97 with Pearls Green Forest Ltd., Delhi as Deputy Manager (Accounts & Finance)
Sep’94-Oct’95 with Foremost Industries (I) Ltd., Delhi as Senior Executive (Accounts & Finance)
Dec’90 to Aug’94 with Foremost Industries (I) Ltd., Delhi as Accounts Officer