Head of Business Management – GCOO, Integration & International
First Abu Dhabi Bank
مجموع سنوات الخبرة :33 years, 2 أشهر
Highlights
• Playing a major role, as a senior member of the management, reporting to the Group Chief Operating Officer and Group Head of Integration and International, in developing the business management function to oversee Operations, Technology, Corporate Services, International and Integration functions.
• Monitoring, controlling and tracking all financial and non-financial activities.
• Defining and developing challenging savings’ initiatives and partnering with the head of departments to Implement these initiatives which will result in a cost run-rate reduction of 10%-15%
• Playing a key role in the Synergies Steering Committee to deliver the agreed synergies as per the white book
• Interacting effectively with other parts of the organization as a key trusted business partner to GCOO and FAB Management teams.
Duties and responsibilities
• Establishing comprehensive reporting and controlling system for GCOO to provide a consolidated performance view for all areas under GCOO, with the purpose of: Budget management (planning, tracking, forecasting), cost management (cost savings and cost reductions), people management (hiring, retaining talents and workforce optimization), process and transformation management (re-designing processes for more efficient services and deliverables) and operational loss management
• Partnering with GCOO Departments’ Heads and enabling them with initiatives to increase FAB Internal Customer satisfaction
• Support GCOO with analysis and recommendations related to any investment decisions to be taken, through feasibility studies and ROI analysis.
• Handling the capacity planning, analysis and performance management within GCOO area to maximize the output from existing resources
• Reporting SLA adherence to provide a holistic view around the performance of each department in reaching to their agreed targets
• Driving the Performance Management of the GCOO area through enabling and supporting Departments’ Heads in tracking and achieving their division KPIs
• Ensuring that policies, procedures and internal controls are in place within GCOO division to provide reasonable assurance that the organization assets are protected.
• Direct all financial, operational, HR and administrative activities within GCOO, International and Integration areas
• Re-assessing the charge back and cost allocation mechanisms and methodologies used and provide an enhanced charge back model
Highlights
• Playing a major role, as an Executive member reporting to the Head of Group Operations and CEO NAWAT, in developing, monitoring and evaluating the organization’s finance function, throughout the transformation period to the Shared Services organization (NAWAT), with emphasis on bottom line performance, delivering enhanced services at reduced costs and providing useful financial insights to help make better decisions in executing NBAD and NAWAT strategies.
• Defining, developing and Implementing robust financial controls, policies and procedures resulted in a cost run-rate reduction of 10%
• Playing a key role in the Synergies Work Stream for Group Operations during the merger of National bank of Abu Dhabi and First Gulf Bank
• Managing and controlling 27 budgets across Group Operations Globally and NAWAT
• Playing a lead role in the implementation of Oracle Procurement system for NAWAT
• Interacting effectively with other parts of the organization as a key trusted business partner and financial advisor to NAWAT and NBAD Management teams.
• Supporting the executive team with key financial information and operational analytics, and driving a culture of accountability in managing the business, adding value to operating businesses and voicing well-substantiated opinions.
Duties and responsibilities
• Defining the financial strategy and providing useful financial insights to help make decisions about formulating and executing business strategy
• Establishing comprehensive financial reporting and controlling systems for Group Operations and NAWAT with the purpose of: Budget management (planning, tracking, forecasting), support for business case creation/baseline validation, financial forecasting based on planned ramp-up activities and post migration financial performance tracking
• Demonstrating operational efficiency through process improvement and employee training to streamline the organization’s reporting and billing activities
• Collaborating with NBAD’s Group Finance Department to ensure compliance with the group’s financial policies and procedures resulting in an overall streamlined finance function at a group level
• Driving the annual budget process and the monthly reporting for Group Operations and NAWAT
• Oversee the general accounting function, which includes inter-company accounting, cash management/reconciliation, provisions, financial reporting
• Ensuring that policies, procedures and internal controls are in place to provide reasonable assurance that the organization assets are protected.
• Ensuring that financial reports are prepared in compliance with company policies and directives, IFRS and other local reporting requirements.
• Oversee the baseline establishment and review of individual processes with the Business
• Developing charge back and billing system
• Improving transparency in costs through tracking expenses for charge-back billing
• Playing a major role in the Synergies Work Stream, during the integration period, resulted in the development of Synergies and Cost Reduction initiatives based on people, processes and systems
• Leading the finance team and developing the capabilities and skills of the finance organization
Highlights
• Acting as a CFO for IT Department under enablement function and providing Group Finance and ITD Managements with reports, analysis and insights related to IT costs in addition to the financial expertise to support their decision making
• Revamping the financial function in ITD and restructuring the IT Financial Management team as part of the centralization process of financial activities under Group Finance umbrella to ensure an independent view and feedback
• Developing monthly financial reports and dashboard for ITD and standardizing reports to be in line with Group Finance vision to provide one single version of the truth
• Working closely with Group Finance and IT management teams on cost savings and controlling costs
Duties and responsibilities
• Responsible for the overall direction of costs within the IT function. This includes approving IT costs, providing advice to ITD Management on handling IT costs, making decisions around the financial treatment of such costs, insuring the accuracy of the cost data, timely submission of cost reports and development and negotiation of sound internal financial and cost controls.
• Performing various financial analyses and MIS Reporting to measure the efficiency of the IT service and determine areas where cost savings can be made.
• Handling IT finance function responsibility as per the Group Finance reporting and control framework guidelines and advise regularly issues impacting financial, regulatory and management reporting to Group Finance
• Playing a key role in the setup of a central Financial Planning, Analysis & Strategy function and the governance and improvement of business performance function, in addition to a major role in reengineering of group and units budget process
• Supporting the Head of Financial Planning, Analysis & Strategy in implementing "First line of defense"
• Managing the preparation of IT capital and operational annual budgets for NBAD in addition to ITD annual budgets
• Defining the structures/processes required for the management of financial planning data and costs, as well as for the proper allocation of costs to ITD services
• Handling the cost allocation and charge back of IT systems, applications and services according to the Bank’s policies and procedures. Participating actively in the design and improvement of cost allocation methods and coordinate related activities with the relevant stakeholders in ITD and the Lines of Business
• Fulfilling administrative responsibilities within the unit, including training and education of team members on new technologies, and other administrative reporting requirements.
• Verifying all transactions for compliance with NBAD’s financial policies and procedures and verifying all purchases are within budget and advice on discrepancies.
• Monitoring and contributing to continuous improvement in business processes.
• Performing employee performance assessments and reviews uniformly in accordance with the Bank’s Performance Management System.
Highlights
• Restructured the IT Financial Management team, ensuring strong finance capabilities to run the business finances
• Developed the monthly Financial Summary and related reports for IT function including operational and capital expenditures reports and variance analysis helping ITD management in decision making
• Developed and Implemented processes and controls around all IT financial activities
• Supported GCIO with solid, robust data and analysis to help him in IT investment decisions
• Worked closely with IT management team on cost savings and promoted the cost effective way of thinking in decision making and the differentiation between the good cost and the bad cost
• Acted as a key player of the senior team in supporting them and fulfilling their financial requirements
• Playing a key role in liaising with Group Finance and Procurement Department in the day to day activities
Duties and responsibilities
• Responsible for the overall direction of the finance organization within the IT function. This includes insuring the accuracy of the accounting records; the timely submission of financial and managerial reports which fairly and accurately reflect the position of the organization; and development and negotiation of sound internal financial controls to protect and preserve the enterprise’s assets
• Managing the preparation of IT capital and operational annual budgets for NBAD in addition to ITD annual budgets
• Defining the structures/processes required for the management of financial planning data and costs, as well as for the proper allocation of costs to ITD services
• Handling the cost allocation and charge back of IT systems, applications and services according to The Bank’s policies and procedures. Participating actively in the design and improvement of cost allocation methods and coordinate related activities with the relevant stakeholders in ITD and the Lines of Business
• Fulfilling Financial and administrative responsibilities within the ITD, including key performance indicators (KPI) reporting, training and education of team members on new technologies, and other administrative reporting requirements.
• Administering and supervising the execution of business and personnel related activities within the ITD, including employee performance and management assessments and reviews.
• Verifying all transactions for compliance with NBAD’s financial policies and procedures and verifying all purchases are within budget and advice on discrepancies.
• Monitoring and contributing to continuous improvement in business processes.
• Performing employee performance assessments and reviews uniformly in accordance with the Bank’s Performance Management System.
Highlights
• Joined NBAD to manage major activities in ITD related to financial management, accounting, procurement and vendor management and lead the implementation of the changes and improvements in these areas
• Played a key role in transforming processes and diligently restructured the finance and operational processes related to the accounts and procurement functions in ITD
• Cleaned up the financial and the procurement data to ensure healthy reporting to ITD management
• Acted as a consultant and advisor for GCIO and other ITD Management team members in the activities related to finance and procurement, enabling them for successful decision making as well as structuring the processes for both functions
Duties and responsibilities
• Managing the “Procure to Pay” function in IT Department by organising and maintaining a central facility for the purchase and contracts of all IT hardware, software and services for NBAD and ensuring the smooth supply of equipment to the organization
• Negotiating price and terms of products and services with suppliers and establishing terms, pricing, quality requirements, delivery and contracts
• Reviewing all contracts/agreements to achieve ‘best price/best quality’ purchasing
• Making recommendations & advising senior management on all purchasing issues
• Maintaining records of supplier contracts, agreements, goods ordered and received
• Managing vendor relationships and building effective supply chain partnerships
• Managing payments, handling vendor inquiries and liaising with finance department for timely payment of bills
• Verifying all transactions for compliance with NBAD’s financial policies and procedures and verifying all purchases are within budget and advice on discrepancies
• Preparation of IT capital and operational annual budgets for NBAD in addition to IT Department annual budgets
Highlights
• Worked closely with my line manager, the Director of Sharjah Theatres Group who is reporting directly to His Highness the Ruler of Sharjah, in establishing the finance function in this new department and acted as an advisor for all financial and administrative matters
• Played a key role in strategic planning and decision making for the group
• Led the change management in the financial and administrative areas and coordinated closely with other government departments such as Finance and Control departments
Duties and responsibilities
• Establishing the Finance Department and creating all related financial, accounting and administrative procedures and policies for the group.
• Preparation of budgets according to the government guidelines and liaison with the Government Finance and Control Departments in terms of implementing them through constant control.
• Preparation of financial analysis for the group events.
• Following up the business plans and objectives of group.
• Setting all control steps for the group and following the implementation of these controls.
• Overview human resources and administrative matters.
Highlights
Played a key role in leading the finance function and transforming the organization from a small company to an international organization by supporting the management with sound financial data and analysis, helping them in the decision making process in terms of investments and cost structures
Duties and responsibilities
• Creating the company chart of accounts and accounting system from scratch
• Preparation of annual budgets, forecasts, cash flow projections and other financial reports, as well as feasibility studies, benchmarking and financial analysis including charts analysis ratios and KPI Analysis.
• Management of all ledgers, accounts reviewing, invoicing, and cash management.
• Dealing with clients, client procurement, client financial functions and client auditors regarding invoicing, accounting, terms of business and comprehensive reporting for audits.
• Responsible for all the tax-related operations in terms of tax planning, tax filing, tax issues in addition to liaison with the tax consultant in Spot On’s office in Jordan.
• Office management in terms of finance, administration and all personnel related routines, in addition to dealing with the daily office issues.
• Control and follow-up of Spot On’s operations in Amman.
• Reporting financial results/position to the Board of Directors.
Highlights
Established the accounting and financial systems for the company from the scratch and supported the owner of the company with sound financial data and reports helping him in his investments decisions
Duties and responsibilities
• Preparation of financial reports, financial analysis, budgets, cash flow forecasts and control of sales and clients’ accounts.
• Full responsibility of accounting starting from journal entries up to year-end financial statements.
• Responsible for the human resources division in as far as interviews and evaluation of junior candidates.
• Responsible for other administrative routine office work.
Highlights
Worked closely with the head of the department in managing the trade finance functions and acted as his deputy in leading this function and transforming the department from an old fashion banking to a customer focused banking
Duties and responsibilities
Responsible for the L/C department, in regards to L/C opening, external relations with foreign banks and technical issues related to these banks. Moreover, responsible for the revision of L/Cs and dealing with customers in as far as documents reviewing and delivery, as well as other accounting responsibilities.
Duties and responsibilities
This was a part time role, where I gained my first accounting experience whilst studying for my degree. I continued to be a part time accountant for the company for the two years after graduation. I was responsible for general accounting in as far as general bookkeeping, maintaining clients’ accounts, ledgers, control of petty cash ledgers and preparation of financial statements/reports on monthly and annual basis.