Finance Director
Al Rafia (Investment/Real estate/Contracting) Company
مجموع سنوات الخبرة :21 years, 10 أشهر
Reporting to - CEO And BOD Led a total team of five professionals
• Oversee and manage the financial operations of a dynamic construction company, ensuring alignment with organizational goals and industry best practices.
• Spearhead budgeting and financial planning processes, contributing to the successful execution of projects and optimizing resource allocation.
• Implement robust financial controls, policies, and procedures to safeguard company assets and ensure compliance with regulatory requirements.
• Lead financial reporting initiatives, preparing accurate and timely financial statements to facilitate decision-making at the executive level. P A G E 2
• Collaborate with cross-functional teams to assess project profitability, mitigate financial risks, and identify opportunities for cost optimization.
• Successfully negotiated and secured favorable terms for financing facilities, resulting in enhanced cash flow and improved liquidity
• Developed and implemented key performance indicators (KPIs) to assess financial performance, enabling data-driven decision-making and strategic planning.
• Played a pivotal role in ERP implementation, streamlining financial processes and enhancing overall efficiency.
• Conducted financial analysis, providing insights into project feasibility, cost control, and profitability.
• Managed relationships with external stakeholders, including banks, auditors, and regulatory authorities.
• Mentored and coached finance teams, fostering a collaborative and high-performance work environment.
Key Results
• Successfully negotiated and doubled financial facilities with banking institutions, significantly bolstering the companys financial capacity, implemented strategic negotiations with banks, resulting in a remarkable 40% reduction in interest rates, optimizing financial resources, provided leadership and support to the finance team, fostering a culture of continuous learning. Guided team members to attain relevant certifications, enhancing overall professional qualifications.
Reporting to - Executive Director and Chairman
Led a total team of ten professionals
• Manage and oversee the companys financial operations, including accounting, budgeting, forecasting, and financial reporting.
• Ensure financial health by monitoring financial performance and identifying risks, opportunities, and areas for improvement.
• Develop and implement sound financial policies and practices that comply with local and national regulations and industry standards.
• Oversee the day-to-day operations of the finance department, including payroll, accounts payable, and accounts receivable.
• Prepare and present financial reports to senior management and the board of directors.
• Provide strategic financial advice and guidance to senior management to support decision-making processes.
• Manage relationships with banks, financial institutions, and external auditors.
• Ensure compliance with tax laws and regulations.
• Lead and develop the finance team to achieve departmental and company objectives.
Key Results
• As a finance leader, I reduced company overhead costs, generated new revenue streams from existing resources, negotiated with financing institutions, restructured and trained the finance department, integrated an ERP system, and designed a customized reporting model for each department.
Reporting to CFO and CEO Handling more than 315 Location
Handling more than 315 Location for more than 25 Brand, with eleven audits financial. Led a total team of twenty-five professionals
• Consolidate the financial data from M&A
• Consolidate and analyze financial data (budgets vs Actual vs last year income statement, forecasts etc.) considering companys goals and financial standing
• Provide creative alternatives and recommendations to reduce costs and improve financial performance
• Analyze and classify risks and investments to determine their potential impacts on companies.
• Developing and managing financial systems/models
• Multi-level layered analysis costs, pricing, variable contributions, sales results, and the companys actual performance compared to the business plans.
• Develop trends and projections for the firms finances.
• Manage the preparation of the companys budget.
• Responsible for yearly financial audit.
• Correspond with various other departments, discussing company plans and agreeing on future action to be taken.
• Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
• Zaka and value-added filing and reporting P A G E 3
Key Results
• Led the acquisition process of Innovative Union Company, a subsidiary of Food and Entertainment Company, and transformed it into a Fashion Retail Company through IPO. Planned the budget for the entire company, analyzing cash flow and monitoring the performance of sub-franchises. Implemented VAT for the entire group.
Alhokair Group/ Food and entertainment
Reporting to
Reporting to CFO and CEO
Handling more than 315 Location for 23 Brand, with eleven audits financial. Led a total team of eighteen professionals Key Results
• Due diligence for new brand and companies, for merger and acquisition, full Integration for POS (aloha, squirrel, IBM) with ERP system and PBI
Handling more than 270 Location for 16 Brand, with 7 audits financial.
Led a total team of 10 professionals
3
- Work consultatively with the respective departments on cost reduction initiatives
- Support in ensuring that intercompany cost allocations are in line with management agreements and
transfer pricing policy
- Develop and maintain internal control and effective accounting system and policies for the set up.
- Handle full spectrum of financial and cost accounting role eg. AR, AP, GL, forecasting, budgeting etc
- Ensure timely closing of accounts.
- Monitor and record financial transactions according to company policies and regulations.
- Assist in auditing activities by providing necessary information and preparing requested documentations
- Assist in budget preparation and expense management activities for assigned accounts.
- Provide guidance to other Accountants when needed.
- Respond to accounting inquiries from management in a timely fashion.
- Monitor expenditures, analyze revenues and determine budget variances and report the same to
management.
- Analyze financial discrepancies and recommend effective resolutions.
- Generate financial reports and statements to
Reporting to CFO Handling more than 270 Location for 16 Brand, with 7 audits financial. Led a total team of ten professionals
• Work consultatively with the respective departments on cost reduction initiatives
• Support in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy
• Develop and maintain internal control and effective accounting system and policies for the set up.
• Handle full spectrum of financial and cost accounting role e.g. AR, AP, GL, forecasting, budgeting etc.
• Ensure timely closing of accounts.
• Monitor and record financial transactions according to company policies and regulations.
• Assist in auditing activities by providing necessary information and preparing requested documentations
• Assist in budget preparation and expense management activities for assigned accounts.
• Provide guidance to other Accountants when needed.
• Respond to accounting inquiries from management in a timely fashion.
• Monitor expenditures, analyze revenues and determine budget variances and report the same to management.
• Analyze financial discrepancies and recommend effective resolutions.
• Generate financial reports and statements to Managers for review.
• Mange the team to complete assigned accounting tasks within deadlines.
Key Results
• Established a new company with separate P&L and balance sheet on the ERP system, managed its accounts, and completed all necessary financial reports after separating it from the holding company.
Report to the General manger
(Coral Sadeen Hotel/ Sadeen Rent Car/ Sabeen Tourism and Holidays/Wight Star) Reporting to Material control Manger and Finance Manger
courses: “Implementing Green Accounting practices to improve corporate sustainability”. Qualifi Level 7 Diploma In
courses: CMA (Pass part 1, Part 2 exam in 30/10/2022 ) ➢ Certificate in International Financial Reporting (Cert IFR) ® AD60166 ➢ Certificate in International Auditing (Cert IA) ® AD60166 ➢ Certificate In Public Financial Management (Cert PFM ) ® AD60166 ➢ Certified Financial Modeling & Valuation Analyst FMVA® 26530736
