Finance Manager
FAWAZ AL-HOKAIR GROUP
Total years of experience :13 years, 2 Months
FAWAZ AL-HOKAIR GROUP: Kingdom of Saudi Arabia
A large multinational involved in Retailing, Property Development, Construction, Building Materials Trading, Fast Foods chains, Entertainment Parks, Automotive Trading, Electronics Trading and Hypermarkets employing over 12000 employees.
Finance Manager Sept 2003 to Present
Senior Finance Associate responsible for driving the entire financial accounting function of the Real Estate Arm of the group. The Real Estate Group employs over 500 employees with revenues exceeding SAR 1.0 Billion PA. (USD 260 Mn) . The group is engaged in managing malls, providing architect services, purchase and sales of Building Materials, Construction and management of hotels etc., The group has 14 large shopping malls (Arabian Centres) under its asset portfolio and 6 large malls are under construction. A total of 14 legal entities (SPV's) are established for the purposes of managing these properties. The group is also contemplating to enter into the Residential space which has high potential in the market.
Reporting to Chief Financial Officer
Managing a team of 10 Accounting Staff
• Restructured Finance Department and optimised on existing manpower resources to work across the entire Real Estate Division.
• Assisted in restructuring existing debt of over SAR 3.8 Billion (USD 850 Mn) by sourcing newer funds at lesser cost resulting in major savings in interest.
• Re-engineered processes within the organisation and developed a Policies and Procedures Manual.
• Implemented JD Edwards ERP Solution and also worked on adding new modules to optimise productivity.
• Member of Task Force for implementation of Oracle EBS for the entire Real Estate Division.
• Currently managing financial accounting for over 18 legal entities through a team of qualified staff including documentation, facilitating audits etc.,
Durrah Beach Hotel and Resorts (Dallah Al Barakah Group) - Durrat al Urus JEDDAH, KSA May 2001 - May 2003
Durrah Beach Resort is part of Durrat Al Urus an integrated tourist city situated at the northern coastline of Jeddah Red Sea, owned by Dallah Al Baraka group and a subsidiary of Dallah Hotels & Resort
Chief Accountant
Involved in Finalisation of Accounts for the company, Facilitating external and internal Audit. Trained the people on Fidielio
Reporting to Finance Manager
Managing a team of 6 accountants.
• MIS reports
• Monitoring Account Receivable
• Monitoring Revenue Report
• Night audit
SAUDI ARCHIRODON - JEDDAH, KSA Dec 1999 - April 2001
One of The leading international Construction groups with world wide diversified activities, offers a full range of services in engineering and construction projects. The firms evolution over a 50 year span is reflected in its continuing record of achievements performing major civil, industrial and electromechanical projects world wide.
Senior Accountant
Involved in Financial Accounting and specialising in General Ledger Account reconciliations for the organisation having revenues in excess of SAR 2, 000 Mn (USD 530 Mn) and an employee base of over 3000 employees.
Reporting to Chief Accountant
• Bank reconciliation
• G/L reconciliation
• Journal vouchers
• Time to time management reporting
PREVIOUS EXPERIENCE
Worked in various roles including marketing, accounting & audit in several organizations in India to gain post-qualification experience.
1996-1999
• Certified in "Performance Management for Success" by Dale Carnegie & Association Inc. (January 2009)
• Masters in Commerce (M Com) from Jamia Milia Islamia University, New Delhi, India
• B Com (Bachelors Degree in Commerce) from Jamia Milia Islamia University, New Delhi, India. (1993)