Chief Financial Officer (CFO)
Al Fhad Group for trading, industries & construction
مجموع سنوات الخبرة :32 years, 0 أشهر
Construct and restructure the Org. chart for finance dept. for the head office and branches and sister companies.
Setting up and managing the KPIs for the accounting and finance teams.
Selection, hiring, job description, training and supervising and managing the staff (15 accountants in 9 accounting and financial units)
Selection, hiring, job description, training staff, and supervising and managing the staff for branches and sister companies (around 25 accountants, senior and chief acc.)
Developing and Implementing OFOOK` ERP for all business lines and sister companies.
Finalize and handle a full feasibility study and supervise all the business cases for future business opportunities and potential business expansions.
Finalizing the new financial facilities with Riyadh bank and for Alinma bank for year 2022.
Directing and overseeing the company’s financial administration and planning including financial accounting policy development and implementation, financial reporting, management of accounting systems, budget planning and implementation, taxation, short- and long-term forecasting, and strategic planning.
Monitoring and reporting on the Management's performance to ensure compliance to the BOD guidelines and objectives monitored and the progress of the achievement of such objectives.
Overseeing the company’s financial and operational planning including financial and operational policy development implementation and reporting, overseeing budget planning and implementation, taxation, short- and long-term forecasting, and strategic planning.
Managing and coordinating the company's annual report preparation.
Establishing, implementing, and maintaining a sound internal control system.
Overseeing the preparation of consolidated financial statements for the group and FS for each and finalizing the financial analysis for all.
Performing other duties as assigned by the Chairman, CEO, and the BOD.
Setting up, Developing, and finalizing the financial file for the Co. (staff, financial and accounting cycle, development, and implementation of Odoo's ERP)
Directing and overseeing the company’s financial administration and planning including financial accounting policy development and implementation, financial reporting, management of accounting systems, budget planning and implementation, taxation, short- and long-term forecasting, and strategic planning.
Selection, hiring, job description, training and supervising and managing the staff (7 accountants )
Finalize and handle a full feasibility study for all new projects.
Finalizing the new financial facilities with QNB bank for the year 2021.
Directing and overseeing the company’s financial administration and planning including financial accounting policy development and implementation, financial reporting, management of accounting systems, budget planning and implementation, taxation, short- and long-term forecasting, and strategic planning.
ï· Responsibilities and duties:
ï¼ Directing and overseeing the companyâs financial administration and planning including financial
accounting policy development and implementation, financial reporting, management of accounting
systems, budget planning and implementation, taxation, short- and long-term forecasting, and
strategic planning.
ï¼ Supervising all the Business cases for future business opportunities and potential business
expansions.
ï¼ Overseeing the companyâs financial and operational planning including financial and operational
policy development implementation and reporting,
ï¼ Overseeing budget planning and implementation, taxation, short- and long-term forecasting, and
strategic planning.
ï¼ Managing and coordinating the company's annual report preparation.
ï¼ Hiring, training, supervising, motivating, and developing accounting staff and manage schedules
and workflow.
ï¼ Directing and implementation for ERP` systems or integrated accounting systems.
ï¼ Establishing, implementing, and maintaining a sound internal control system.
ï¼ Overseeing the preparation of Financial Statements and other financial reports.
ï¼ Monitoring and provide consultations for developing appropriate internal control systems to support
financial and business operations consistent with the companyâs objectives and complying with the
applicable laws and regulations.
ï¼ Performing other duties as assigned by the Chairman or the BOD.
ï· Achievements:
ï¼ Construct a sound financial department for the group and a separate department for each company.
ï¼ Implementing ERP for each one of the business lines.
ï¼ Setting up a qualified and strong financial and, accounting `policies, procedures and reporting system.
ï½ Company: Batta` Brothers for Milky Products (Egypt),
3-business line:
1. Manufacturing (3 Milk factories)
2. Wholesale Trade
3. Retail Trade (6 outlets)
ï· Achievements:-
ï¼ Construct a sound financial department for the group â 3 sister companies ( selection, hiring, job
description, training, supervising and managing the staff )
ï¼ Developing and Implementing ISAG` ERP for company.
ï¼ Setting up `documentation and procedures cycle.
ï¼ Finalizing quarterly and annual financial statements.
ï¼ Setting up a full and periodic reporting system submitted to CEO.
ï¼ Setting up cash flow and budgeting system.
ï¼ Finalize and handling a full feasibility study for Green Land compound
ï¼ Handling the financial facilities with the bank.
ï¶ Executives
ï· 06/2021 â present Al Fhad Group for trading, industries & construction (
⢠Responsibilities and duties:
ï¼ Managing the Financial function to assure the compliance to the BOD guidelines and objectives
monitored and the progress of the achievement of such objectives.
ï¼ Directing and overseeing the companyâs financial administration and planning including financial
accounting policy development and implementation, financial reporting, management of accounting
systems, budget planning and implementation, taxation, short- and long-term forecasting, and
strategic planning.
ï¼ Designing, implementing, and directing ERP systems.
ï¼ Establishing the finance and accounting cycle for the company.
ï¼ Sharing with Implementation for all administrative procedures.
ï¼ Contributing to the companyâs short- and long-range planning, identifying areas of possible growth,
expansion, and new profit opportunities.
ï¼ Managing and overseeing the preparation of Financial Statements and other financial reports.
ï¼ Implementing and developing appropriate internal control systems to support financial and business
operations consistent with the companyâs objectives and complying with the applicable laws and
regulations.
ï¼ Directing and coordinates the establishment and maintenance of budget programs.
ï¼ Managing and coordinating the company's annual report preparation.
ï¼ Hiring, training, supervising, motivating, and developing accounting staff and manage schedules and
workflow.
ï¼ Performing other duties as assigned by the President of the BOD.
Achievements
ï¼ Construct a sound financial and accounting department for the group and a separate department
for each firm (5 accounting units include chief acc. and 11 accountants).
ï¼ Implementing ERP for the group (for each business line) and point of sales for outlets.
ï¼ Setting up a qualified and strong financial and accounting `policies, procedures, and reporting
system.
í ½í·· Company: Khalid A. investment group (Riyadh, Saudi Arabia)
4 business lines in Dubai, Beirut, Riyadh, and Jeddah:
1. Construction.
2. Real state,
ï· Responsibilities and duties:-
ï¼ Constructing, Maintaining, and Managing Financial department for the group.
ï¼ Allocate the financial resources among all business lines.
ï¼ Handling the budget and cash flow for the group.
ï¼ Maintain and update the finance and accounting policies for the group.
ï¼ implementing and updating the other financial policies (e.g., credit policy, treasury policy, and budget
policy)
ï¼ Participate in incorporating new projects and solutions in the group to assure compatibility with the
existing financial and management systems (business perspective).
ï¼ Prepare the working papers to recommend solutions for any accounting or financial issues.
ï¼ Develop and maintain the other financial procedures for all business lines.
ï¼ Overseeing and handling the consolidated quarterly financial statement for the group.
ï¼ Preparing and handling the consolidated periodically financial reports to the Chairman and BOD.
ï¼
⢠Responsibilities and duties:
ï¼ Designed and implementation for Navis` ERP (Oracle financial system).
ï¼ Designed and implemented a full costing system (computerizes or manual).
ï¼ Implementation of finance and accounting cycle, policies, and procedures.
ï¼ Establishing, implementing, and maintaining a sound internal control system.
ï¼ Reporting to CEO and to the Board.
ï¼ Construct a sound budget system for the company.
ï¼ Forecasting and managing cash flow and cash management.
ï¼ Working with Oracle financial system with all different modules.
ï¼ A sound system of point of sales for head office and around 40 outlets in the kingdom
and on the gulf area (Qatar and UAE
ï· Responsibilities and duties:
ï¼ Preparation of quarterly or monthly financial statements ( for head office & branches)
ï¼ Preparation of chart of acc. & cost centers.
ï¼ Handling of cash flow & budgets and cash management.
ï¼ Managing and supervising accounting team for HO & branches)
ï¼ Following up the transaction of stock in stores ( control of stock & analysis)
ï¼ Handling Fixed Assets (preparing FA list, depreciation, adjusting entries)
ï¼ Handling Acc. Payable (check the AP agreements & accounts)
ï¼ Receivable Analysis& calculation of provision (control the acc. & aging report)
ï¼ L/C accounting including tracing of LC & clearing & pricing goods.
ï¼ Control of Expenses & Serving notes on Reimbursements.
ï¼ Following up the aging and collection of acc. receivables.
ï¼ Reviewing and checking payroll from HR on Oracle financial system.
ï¼ Following up employees ` loans to make sure of the monthly installments `deduction.
ï½ Company: Dar Al nashr lelgamaat â Cairo
ï· Position: internal auditor and Chief accounting
ï· Period of Employment: 1992 â 1996
ï· Responsibilities and duties:
All tasks and functions related to the
Al wafaa for printing & publishing (
courses: 4. Bachelor of Commerce (Mansoura University)