Amin Sabri, Chief Financial Officer (CFO)

Amin Sabri

Chief Financial Officer (CFO)

Medgulf

Location
Jordan - Amman
Education
Diploma, ACCA
Experience
24 years, 6 Months

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Work Experience

Total years of experience :24 years, 6 Months

Chief Financial Officer (CFO) at Medgulf
  • Jordan
  • My current job since August 2019
Financial Consultant & SAP Business One Consultant at Focus for Computer Development
  • Jordan - Amman
  • January 2017 to August 2019

-Implementing SAP business one for Insurance Companies.
-Building the Finance setup and the business flow in SAP business one.
-Helping companies to design the finance policy and procedure.

Finance Director at Trust Holding Cyprus Ltd (Amman Reigonal office)
  • Jordan - Amman
  • October 2015 to January 2017

Document & report historical accounting & financial information of the company for the decision making process. Orchestrate the establishment of a detailed accounting system focusing towards financial reporting and analysis. Direct & control the preparation of monthly and annual financial statements as required. Streamline operations by coordinating internal and external audits of the company’s financial statements.
 Steer efforts towards the efficient & effective payments and statutory filings as well as govern all accounting and financial records for the sound functional outcomes.
 Utilise key managerial skills and adeptly facilitate the development of business plan for the company. Uphold superior level of expertise during the administration of new ERP system (SAP financial) for the group.
 Demonstrate leadership & tact and supervise company’s liquid assets. Closely perform with the finance mangers of eight different insurance companies of Trust group in the MENA.

Chief Financial Officer at Wafa Insurance Co.
  • Saudi Arabia - Riyadh
  • May 2013 to October 2015

Functioned as the project manager and proffered expertise towards capital raise application. Adroitly prepared capital raise application in association with the financial advisory. Enabled the achievement of finance division’s bottom-line results by accurately defining policies, developing strategies and implementing best practices. Contributed to the overall team efforts and conducted long-term financial forecast analysis in collaboration with other members of the team. Spearheaded the planning and the development process of annual budget. Ensured appropriate balance between requirements & solutions, delivered executive support to the top management, and made sure the budgets and financial plans remain within approved levels.
 Established a strong and accurate accounting & financial information system in compliance with IFRS. Supported the development of business plans and financial forecasting for multiple business ventures. Strictly adhered to all organisational policies and procedures and continually monitored all direct reports.
 Deftly administered the daily cash balance and excess investment funds to achieve the most lucrative rate consistent with company’s policy. Efficaciously formulated monthly financial reports and related analyses in accordance with IFRS on a timely basis to ensure smooth working operations.
 Delivered technical support for the preparation of external audits and filing of ZAKAT returns as well as document & report detailed accounting information according to the statutory requirements and policies.

Finance Manager at Al-Nisr Al Arabi Insurance Company /Part of Arab Bank Group
  • Jordan - Amman
  • December 2010 to May 2013

Actively monitored employees work performance and general behaviour and assured that workforce complied with Company’s standard policies and procedures while executing different tasks. Administered all activities associated for the development of the Business and establishment of its related department also directly reported to the GM and BOD. Defined business policy and standards while considering company's best interests and goals.
 Delivered strategic support to GM and BOD in the supervision and execution of strategic plan of the company.
 Skilfully utilised automated system (Hand held device) to establish the collection procedures which eliminates the usage of manual booklets. Thoroughly analysed business requirements while designing policies and procedures (Finance Manual) for the finance department incorporation with Deloitte.Co.
 Planned and prepared the yearly budget and timely notified BDD regarding major variances between the actual figures and budgeted figure. Ensure compliance and adherence to internal control rules and regulations.

Full time student ACCA at Study ACCA in UK at Kaplan Financial
  • United Kingdom
  • December 2008 to December 2010

ACCA Finalist

Finance Manager at Falcon Group
  • Jordan - Amman
  • January 2008 to December 2008

Significantly improved existing accounting systems and financial procedures manuals; and facilitated senior management through timely financial & analytical reports. Supported corporate & business strategies by providing senior management with analytical studies and research alternatives. Actively collaborated with CEO for financial strategic planning, and proved instrumental in the budgetary planning. Ensured all work activities complied with and adhered to internal control rules & regulations. Thoroughly reviewed various investment opportunities through investment evaluations to gauge their potential and viability.
 Administered all treasury and liquidity functions; directed operations for purchases, IT, warehouse, finance, and accounting departments, in pursuit of operational excellence. Effectively managed HR & finance staff and actively pursued staff’s professional development initiatives.
 Periodically forecasted revenues & expenditures, determined market elasticity, compared budgeting with actual, computed variances, and presented the information before top management improving their decision making capability. Tactfully negotiated with banks, auditors, clients, suppliers & govt. bodies.
 Expertly monitored AIS and acted as the project manager for new the ERP and CRM systems including ACCPAC.

Accounting Manager at International General Insurance Holdings
  • Jordan
  • April 2004 to January 2008

Competently provided active functional support for the financial and administrative activities in compliance with pre-defined policies & regulations and made sure all financial & human resources are utilised at optimal levels. Spearheaded a team of seven accountants and a cashier and achieved significant increase in their productivity. Conveniently liaised with external auditors for proper audit & compliance testing; methodically prepared final trial balance, balance-sheet, income statement, and supported schedules while forwarding them to the auditors.
 Harnessed in-depth knowledge and systematically prepared financial & analytical reports in an efficient manner. Extensively governed and coordinated activities to ensure they conform to internal control rules & regulations.
 Proved instrumental in the formulation of unearned policies & outstanding claims report at the end of each quarter. Contributed to the success of strategic initiatives by supporting the IT department in incorporating the accounting system ACCPAC with the underwriting solution.
 Headed the Treasury and Liquidity functions to achieved organisational objectives. Delivered executive support to the VP Finance in the development of S&P rating requirements document and rating model.
 Periodically coordinated with financial institutions and fund managers, including; Merrill lynch, Shuaa Capital, Coutts UK, Amwal Invest etc for the organisational capital investment.

Senior Accountant at Jordan Concrete Supply LTD
  • Jordan - Amman
  • October 2002 to April 2004

Led from the front the accounting department continually working on the accounting cycle, payroll invoicing, cash at bank, cash at hand, costing and purchases while identifying computer software gaps and improved them accordingly.
 Accommodated constructive opinions, established internal control procedures, and followed up on them.
 Provided impeccable expertise during the preparation of financial statements for management.
 Meticulously directed all activities and functions associated with the budgeting, cash management, costing, cost centre accounting and profitability analysis.

Accountant at Golden Arrow Food Marketing & Dist
  • Jordan
  • December 2001 to October 2002

Utilised key accounting information system Software/Amber for the maintenance of accounting records while propelling operational excellence through handing general accounting, payroll, social security, income tax, sales tax, accounts payables, accounts receivables and treasury functions.
 Monitored processes for continuous improvement; followed-up on all shipments, resourcefully prepared cost sheets, conducted physical counting of all items, and performed monthly accounts closing.
 Proficiently acted as a main point of contact and represented the company in front of Social Security Corporation, Income Tax department and the Sales Tax department.
 Generated weekly and monthly reports to assess the operational and financial position of the company.

Accountant at Zara Investment Holding Co
  • Jordan
  • November 1999 to December 2001

Produced accurate accounting records and reports through employing computerised Software/Peachtree while processing complete accounting cycle functions, including; journal, ledger, trail balance, statement of comprehensive income and statement of financial position. Handled all payroll, social security, income-tax, AP, and AR records.
 Displayed strong accounting acumen and participated in augmenting and improving internal controls.
 Processed all inventory orders and physically counted them as well as completed all month end procedures.
 Mediated between local owing and the managing company in UK for accounts reconciliation.
 Acted as a consummate professional and closely performed with the British Director

Education

Diploma, ACCA
  • at Kaplan Financial
  • December 2016

I have passed 12 papers out of 14, expected to finish on June 2011.

Diploma, CAT
  • at ACCA
  • May 2011

finance director

Master's degree, MBA
  • at New York Institute of Technology
  • December 2006

MBA

Bachelor's degree, B.Sc in Accounting
  • at Applied Sciences University
  • September 1999

accounting

Specialties & Skills

Sales Tax
Costing
Income Tax
Strong command of several software applications; Word, Excel, and Power Point.
financial reporting and budget
business analyst
business plan
project management
SAP Financial

Languages

English
Expert
Arabic
Native Speaker

Training and Certifications

English Business Writing Certification (Certificate)