Azzam Younes, CFO

Azzam Younes

CFO

No Name

Location
Canada
Education
Bachelor's degree, Accounting
Experience
31 years, 11 Months

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Work Experience

Total years of experience :31 years, 11 Months

CFO at No Name
  • February 2013 to March 2017
Accountant at Um ALQura DEv. Co.
  • Saudi Arabia - Jeddah
  • December 2011 to January 2013

Dec 19th, 2011 To Sep 20th. 2013, Financial Consultant with Um Alqura Development co.

CFO at Abbar & Zainy Group
  • Saudi Arabia - Jeddah
  • October 2011 to December 2012

Oct 1 2011 To Dec 18, 2011 CFO with Al Balad Al Ameen Development and Urban Regeneration co. makkah, resignation was because of distance.

Financial Consultant at Abbar & Zainy Group
  • Saudi Arabia - Jeddah
  • February 1984 to May 2010

Dec 19, 2011 To present, Financial Consultant with Um Alqura Development co.

Chief Financial Officer at Zainy Group
  • Saudi Arabia - Jeddah
  • January 1984 to May 2010

1993 - To May 30, 2011 ( I resigned on May 1, 2011) - Chief Financial Officer with Ahmad Zainy & sons Zainy Group.
The Zainy Group includes companies in Saudi Arabia, UAE, USA and UK engaged in manufacturing, private equity investments, trading, real estate and contracting activities.

In my capacity as the CFO of Ahmad Zainy & sons Zainy Group, I'm responsible for the following:
- Securing large scale credit facilities including negotiations and finalizing of favorable agreements with banks.
- prepare projections/forecasts for new projects and operating companies.
- prepare budgets, and maintain centralized consolidated cash flow for the group.
- Effective communication with the banks
- Maintaining excellent working relationship with local and international bankers
- Managing all the accounting and financial aspects
- Establishment the accounting systems and procedures
- Directing the treasury function
- Evaluation of new investments and expansion plans
- Designing and implementing business restructuring plans.
- Maintaining effective internal control system
- Applying control procedures for timely preparation of financial reports
- Optimal utilization of financial resources
- Development of reliable management reporting system
- Liaising and communicating with external auditors
- Maintaining positive and plausible working environment for all staff.

Accounting Manager at Abbar & Zainy Grroup
  • Saudi Arabia - Jeddah
  • January 1984 to May 2010

Name : Azzam Younes/Fraihat

Nationality : Jordanian & Canadian.

Date of Birth : 05 February 1958.

Marital Status : Married.

Contact Details : Mobile: +966 - 505 699 720
Email:

Languages : Arabic & English

Career Objective
Seeking a challenging executive responsibility in a multinational group of Companies, to be able to overlook the financial aspects of the group and to share my knowledge and experience in order to add value.

Professional Qualifications

* Certified Public Accountant (CPA) - Illinois (USA) in 1994.
* B.Sc. Degree (Major: Accounting, Minor: Business Administration) - 22 February 1981 from the University of Jordan, Amman.
* Attended and satisfactorily completed the following courses:
- Whinny Murray & Co. Training Course (Auditing, Accounting Practice & Theory and Business Law) (June 06, 1993 to October 10, 1994) in Jeddah
- Becker CPA Review Intensive Course (September 21, 94 to October 31, 1994) in California, USA.
- Attended Becker Certified Management Accountant (CMA) Review course in 1997 (45 days) in California, USA.
- Attended Seminar on Negotiation for Senior Finance Executives by Institute for International
Research, Dubai in 1999.


Skills:-
- Strong accounting and finance background.
- Strong knowledge in business development & restructuring of struggling businesses.
- Excellent experience on Cash flow management, budgeting, financial modeling, feasibility studies.
- Excellent experience on debt raising, refinance. dealing with Banks.
- Excellent knowledge in investments (stock markets & private equity)
- Excellent experience on implementation ERP systems.
- Strong communication and management skills
Excellent interpersonal and problem solving skills.

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Working Experience:-

Dec 19th, 2011 To Sep 20th, 2013, Financial Consultant with Um Alqura Development co.

Oct 1st 2011 To Dec 18th, 2011 CFO with Al Balad Al Ameen Development and Urban Regeneration co. makkah.

1993 - To May 30, 2011 ( I resigned on May 1st, 2011 ) - Chief Financial Officer with Ahmad Zainy & sons Group.
The Zainy Group includes companies in Saudi Arabia, UAE, USA and UK engaged in manufacturing, private equity investments, trading, real estate and contracting activities.

In my capacity as the CFO of the Zainy Group, I’m responsible for the following:

- Securing large scale credit facilities including negotiations and finalizing of favorable agreements with banks.
- Implementing ERP systems (Oracle, Microsoft Dynamics, …) at head office, group companies at KSA and UAE.
- prepare projections/forecasts for new projects and operating companies.
- prepare budgets, and maintain centralized consolidated cash flow for the group.
- Effective communication with the banks
- Maintaining excellent working relationship with local and international bankers
- Managing all the accounting and financial aspects
- Establishment the accounting systems and procedures
- Directing the treasury function
- Evaluation of new investments and expansion plans
- Designing and implementing business restructuring plans.
- Maintaining effective internal control system
- Applying control procedures for timely preparation of financial reports
- Optimal utilization of financial resources
- Development of reliable management reporting system
- Liaising and communicating with external auditors
- Maintaining positive and plausible working environment for all staff.

1985 - 1993 - Accounts Manager in Abdullah Abbar &Ahmad Zainy Group
During this period, I was responsible for the accounting function of U.S.Beef, a subsidiary of Abbar & Zainy Group.

CFO at Abbar & Zainy Group
  • Saudi Arabia - Jeddah
  • January 1984 to January 2010

1982 - 1983 - Accountant & Licensed Broker in the Stock and Exchange Commerce in Jordan.

Accounts Manager at Abbar & Zainy Group
  • Saudi Arabia - Jeddah
  • January 1985 to January 1993

1985 - 1993 - Accounts Manager in Abbar & Zainy Group
During this period, I was responsible for the accounting function of U.S.Beef, a subsidiary of Abbar & Zainy Group.

Education

Bachelor's degree, Accounting
  • at University of Jordan
  • February 1981

B.Sc. Degree (Major: Accounting, Minor: Business Administration) - 22 February 1981 from the University of Jordan, Amman. Attended and satisfactorily completed the following courses:

Bachelor's degree, Accounting
  • at University Of Jordan
  • January 1981

- Attended Becker Certified Management Accountant (CMA) Review course in 1997 (45 days) in California, USA. - Attended Seminar on Negotiation for Senior Finance Executives by Institute for International

Specialties & Skills

M 26A due diligence
M 26A experience
ACCOUNTING
ACCOUNTING SYSTEMS
BUDGETS
FINANCIAL REPORTS
FORECASTS
Good experience in acquisitions and due diligence.
RESTRUCTURING
THE ACCOUNTING
Debt raising

Languages

Arabic
Expert
English
Expert

Training and Certifications

CPA (Training)
Training Institute:
AICPA
Date Attended:
June 1994