Group Finance Director
Abdel Rahman Al-Khudair Holding Co
Total years of experience :28 years, 3 Months
Business Activities: Investment Portfolio / Trading / Contracting /Real Estate /
Railways /Farms
Auditor: KPMG - Talal Abu Ghazala
Accomplishments:
- Commanding all financial operations of the company, reporting directly to the Board of Directors and in
dotted line to the chairman. Superintending a squad of direct reports from: Accounting Dept., Purchasing
Dept., Stores Dept., Projects Dept., Planning Dept., Workshop Dept. Increasing the investment net profit
earned from the subsidiaries where cash distributions made to the shareholders with more than 120M
since joining. Maximizing profits minimizing loans & debts.
Responsibilities:
- Holding multi activities financial aspects and effectively controlling the adherence of the financial set up policies and procedures manuals in the entire group (Trading and Contracting sectors including the
investments portfolio). Providing on-going financial executive leadership and establishing strategic short-
and long-term financial decisions for the company. Establishing corporate finance architecture and
creating financial blueprint. Setting up finance and accounting manual, policy and procedures for the
accounting department ensuring adequate internal controls. Directing financial and accounting disciplines including financial planning, analysis and control, budgeting, forecasting and cost control as well as proposing initiatives to enhance the organization performance. Instituting annual budget guidelines, standards & assumptions. Developing, monitoring & managing budgets at department level and cost center. Securing credit facilities for the company’s operations including working capital and capital financing.
Responsibilities:
Leading the process of preparing monthly, quarterly, and year-end financial statements and Preparing meaningful MI and KPI reports. Analyzing business performance for the past fiscal year vs. current year and taking steps to improving the performance for the upcoming one. Managing and improving working capital efficiency to increase company's cash flow.
Directing the finance team by determining workload and delegating assignments and training as well as evaluating performance. Implementing of financial & budgetary goals and achieving the targets of short & long terms. Updating the company's financial policies as per GAAP and IFRS standards and adheres to implementation.
Accomplishments:
Succeeding business relationship with banks for best credit facility including trade finance project finance, and equipment finance for business future growth aspirations.
Responsibilities
Directing all financial and accounting aspects, financial analysis, financial reporting, budgeting, business planning activities, investments portfolios, operating and financing lease, assets management, controlling of loan collateral and securities. Providing financial and organizational leadership, strategic vision, and direction to accelerating growth across the group. Improving credit and collection policies which lead to reduce debt/equity ratio and Managing investment proposals and assessing risk and investment ROI. Training accounts staff using latest ERP systems and technologies and supporting personnel and human resource requirements. Coordinating activities of internal and external audit firms and legal services required by the corporation.
Business Activities: Trading / Contracting / Industries / Real Estate /FMCG
Auditor: Deloitte & Touché
Accomplishments:
- Worked with cross-functional teams to increase revenue by 50% and
accounts collections by 35%.
Responsibilities:
Multi activities financial aspects and effectively controlling the adherence of the financial set up policies
and procedures manuals in the entire group (GRP Factory _ Aluminum Extrusions Factory _Concrete
Reinforced Factory _Glass Factory, Advertising & Media, Engineering & Consultancy, Oil & Gas, Heavy
Equipment’s & Tools, General Trading, Servicing, Catering & Supplies, Contracting & Constructions, Real Estate, Securities & Stock Exchange, Cosmetics & Perfumes).
Directing the holding financial forecasting, planning, budgeting, and investments activities Annual budget
budgets, yearly projections plan and monthly process owner, established annual financial forecast.
Preparing regular cash flow statement, (Capex / Opex) and achieving payments plan accordingly. Providing
high level. Analyzing the financial historical details vs.
- current operations record and Supervise employees performing financial reporting, accounting, billing,
collections, payroll, and budgeting duties. Liaised with auditors to ensure timely completion of Audit and
preparation of the financial statements as per t guidelines Management Managing relationships with
bankers and financiers in line with business vision.
Business Activities: Facilities Management /Maintenance / Projects / Workshop
Auditor: Deloitte & Touché - PWC
Accomplishments:
Directing accounting operations and reporting controlling environment with total yearly turnover Reported directly to the General Manager and Group Financial Controller .
Responsibilities:
Directing the dynamic implementation of business plans and budgeting activities, forecast reporting, projects, programs, and systems. Supervising the Joint Ventures operations. Directing “102” commercial contracts (Facility Management and performing job costing, account analysis, and general ledger management for construction projects. Preparing monthly, quarterly, HY and yearly basis narrative financial reports for dept. sections (Trading analysis, / BS / Cash flow / Projects and contracts profitability and reporting the budget variances. Preparing comparisons financial results with planned figures and reported trading variances (Actual vs. budgets). Administrating employee training, relations, and evaluations. Leading the process of preparing monthly, quarterly, and year-end financial statements. Implementing of financial and budgetary goals and objectives. Implementing short- and long-term financial plans.
Business Activities: Air / Sea Freight & Logistics
Auditor: Talal Abu Ghazaleh
Responsibilities:
Coordinating all aspects of finance and office administration by managing accounts GL functions including account analysis of (payments, receipts, A/R, A/P, bank transactions, daily deposits, check requisitions, petty cash, and payroll including calculation of tax and social security and finally posting all accounts transactions. Developing and document business processes and accounting policies to maintain and strengthen internal controls. Preparing financial statements and producing budget according to schedule. Preparing monthly job
costing and overhead reports and reconciliation, adjustments, journal entries and direct finance operation. Reconciling GL accounts according to the timetable. Preparing management accounts and financial data and generating monthly summary reports. Preparing annual budget, projections. Ensuring compliance with GAAP
principles.
Hani Qarra’n Accounting & Auditing Office, Amman, Jordan
Business Activities: Auditing / Accounting / Taxation
Responsibilities:
- Verifying, allocating, posting, and reconciling accounts payable and receivable
- Producing error-free accounting reports and presenting their results
- Analyzing financial information and summarizing financial status
- Spotting errors and suggesting ways to improving efficiency and spending
- Providing technical support and advice on Management Accountant
- Reviewing and recommending modifications to accounting systems and procedures
- Planning, assigning, and reviewing staff’s work
- Ensuring compliance with GAAP principles
courses: IFRS – Advanced Course. KSA