Fadi Alras

Alkeem Group is a leading a contracting & building materials group delivering ventures relating to building construction, Real Estate, Ready Mix Factory & Blocks & interlock factories.

Formulating strategic & long-term business plans.
Serving as the key partner for the relevant business leader in determining
prospecting potential clients, analyzing market trends, intermediate negotiation processes ensuring fair and honest deals.

Planning monthly sales targets and executing them in given time frame. Handling Sales activities with a focus on achieving predefined sales target.

Develop new business opportunities in various geographies with research, prospecting to get leads to achieve the sales target.

Presentation to customers on the project. Managing activities pertaining to negotiating / finalization of deals.

Handling client objections, concerns, and queries effortlessly. Knowledge of local demographic and economic trends to guide customers with integrity and build trust
Administration & Risk Management function developing mechanisms that minimize financial risk,
Ensuring transparency in financial reporting, MIS reports, budgets & different reports requested by management.
Clearly communicate the progress of monthly/quarterly initiatives to internal and external stakeholder.
Conducting comprehensive due diligence of investment opportunities
Developing suitable financial models of the targeted investments / products and prepare critical analysis and reports.

CTI is a leading curtain wall company, under the Al Rajhi Holding, a distinguished building solution firm.
Al-Rajhi Holding Group is a well established and diversified business group, which roots that go back for many years in the region.


Finalization of monthly management accounts/MIS reporting package that includes budgeted vs actual P&L, B/Sheet, Cash Flow Statement, Forecasted P&L for the rest of the year, projected cash flows, departmental headcount reviews and comments on monthly performance.
- Projects Costing, Profitability and Cash Management:
Liaise with projects team to obtain project plan and invoicing milestones, co-ordinate with procurement and project manager to ensure JIT delivery of project deliveries to sites, Track actual cost versus planned cost on the project and ensure minimum variance from planned cost and highlighting (if any) the estimation and/or execution mistakes in the projects, Track actual project cash-flows versus planned cash-flows and take necessary measures to manage cash-flow as per approved financing terms
- Payment Applications Verification:
Checking the completeness of monthly project payment applications submitted to the customers by ensuring it includes all the approved work of subcontractors as well as the/high value items delivered/installed on the sites.
- Projects Completion and Variance Reporting
Responsible to keep the bonds and guarantees updated till the completion of execution phase of the project and/or towards the completion of defects liability period. Once completed, collection of guarantees back from the customer and submission of retention bond as per the agreement. Reporting includes actual vs budgeted cost of completion of the projects including variations (approved/unapproved) and updating the overhead rate for future projects to take into account.

- Strategy- Serve as the key partner for the relevant business leader in determining strategy for area of responsibility, aligning with wider strategy, implementing, and making adjustments in implementation as needed. Maintain constant contact with relevant other managers and controllers regarding financial.
- Business planning and forecasting- Translate strategy into business plans and establishes measurable targets. Oversee the business planning and forecasting process for the area of responsibility and serve as the interface to the Unit Manager. Evaluates financial implication of various strategic decisions, build scenarios and recommend actions.
- Business performance and decision support- Monitor progress achieved and provide insight and analysis to support operational decision-making. Identify issues, and advise management on action plans and operational strategies to resolve. Drive appropriate cost structure, productivity optimization, and capital efficiency. Manage and closely monitor the cash flow and take action to improve Net Working Capital.
- Financial reporting and business information- Establishing processes and tools necessary to obtain transparent and reliable financial data and business information. Ensure high quality of financial data and business information in line with defined standards and financial closing schedules.
- Internal controls and compliance- Ensure transparency in financial reporting and disclosures. Define and implement internal controls regarding financial and non-financial operations. Ensure compliance with corporate and country standards, regulations, and guidelines. Support internal and external audits.


http://imbauae.com

- Managing a company's financial accounting, monitoring and reporting systems.
- Formulating strategic and long-term business plans.
- Ensure invoicing is produced in a timely manner by Cost Controllers & Analyzing the cost for all projects
- Analyzing change and advising accordingly.
- Monitoring and interpreting cash flows and predicting future trends.
- Diligently validate budget and forecast updates made by Cost Controllers.
- Support in developing annual operating and capital budgets, including P&L and Balance Sheet
- Researching and reporting on factors influencing business performance.
- Developing financial management mechanisms that minimize financial risk.
- Conducting reviews and evaluations for cost-reduction opportunities.
- Maintaining a financial record for Zakat taxes and handling all relations with Tax Authority.

http://www.icms.com.sa

As Finance & Administration Manager reporting to Manager Director, a leading Travel & Tourism group has a joint Venture Capital with PRAGMA Group International.

Accounting Controlling
• Manage and control the overall finance operations, maintain accuracy of accounts in line with group regulations and international accounting standards.
• Annual audit & statutory returns & liaise with external auditors & advisors
Credit Control, Collection & Cash Management
• Formulate policy documents covering Credit Administration & Risk Management function
• Studying the corporate credited faculty proposal & approval for qualified client
• Preparing legal documentation for credit facilities (i.e. Facility Agreements, Loan Agreements, other supporting documents for Corporate & Retail Company Clients
• Monitoring of credit & outstanding client balance, review the credit limits, follow up with outstanding
• Liaising with banks to arrange bank facilities & loans
• Review / implementation of all internal control procedures across Cashiering function
• Preparation of the cash flow forecasts & the cash positions of the subsidiaries
Administration, Policies & Strategy
• Managing the Payroll for all the companies
• Managing company offices located around the UAE, renewing trade license, setup of new offices & liaising with government & processing the Payroll
• Setting up the financial policies & procedures of company & establishing the financial system.
• Managing HR Admin for all staff to include filing, tracking of leaves, health insurance, air tickets, etc
• Managing legal paperwork to including coordinating with PRO for visas, labor cards, license renewals, insurance of premises, medical insurance and other.
Financial Planning, MIS & Analyzing
• Conduct financial statements reports & analyzing financial performance of the operations
• Prepare MIS reports, Budgets & different reports requested by management (Sales, balance sheet, income statement vs budgets) Analysis to study the financial feasibility of the current projects

Working in a leading Investment Islamic banking in UAE in Real Estate Finance & Investment Management as Rental Officer, The management has been set up completed property solution from development, managing, leasing & brokerage
Responsibilities: Reporting to V.P of Real Estate, assisting the management by supervising on the delivery of accounting & Fund Managing for the Real Estate Fund, Bank Assets & Finance clients Assets with gross assets around $1.2 B.:

Accounts Supervising
• Manage and control the overall finance operations, maintain accuracy of books of accounts
• Ensure total compliance with finance & accounting management requirements
Debit & Collections Management
• Monitor the Fund payments & cash management including preparation of the cash flow forecasts & the cash positions of the subsidiaries.
• Monitoring of credit control for Finance Client's, review the credit limits, follow up with installment & outstanding which should cover the mortgage repayments from the property income
• Maximize recovery and minimize losses from its portfolio of delinquent
• Supervision on legal team
Fund & Cash Management
• Management of cash flow by Accept, verify the receipts for Treasury deposits, handling Management fees and general collections payments
• Supervision on transferring the exceed rents from properties accounts to Real Estate Fund by forecasting & analyzing the cash flow of properties.
• Preparing all internal reports / statistics on the Loans Portfolio for presentation to the Credit Committee & the Bank's management
• Ensuring proper documentation, follow-ups, prepared documentation & collateral-related documents from the concern department.
• Reviewing Preparing payment process & perform actual payments in banking system, bank accounts for disbursement, receipts, Timely reconciliation of bank accounts & Liaising with Bank Treasury & Accounting on cash balances.
• Finalize & execute the approved deals in order to purchase & sell the documentation, formalities, Supervision on receiving the new properties are purchased by bank's fund & on all administration procedures & financial action (PDCs, cash, reconciliations, contracts, legal doc., etc.)
• Conduct funds transaction between accounts & reconcile accounts & balances to ensure accuracy of transactions, review bank deposits for accounts operated by the Department ensure the accuracy of Bank balances
Procedures, Policies, Strategy
• Establishing the Real Estate financial system by setting up the financial policies & procedures of department
• Implementations Property System by presenting the Bank Interest by coordinating with IT companies to Manager the Leasing, Accounting, Collections & Facilities.
• Ensure that all required procedures are being followed & executed appropriately, & all the asset tracking records & the register are properly managed & maintained
• Taking the lead in preparation of Fund Strategy & Fund Policy & operations Plan process, Assisting in the development & reviewing of the investment guidelines periodically to ensure flexibility & risk mitigation & setting the debt control policy.
Financial Planning MIS & Analyzing
• Conducts Scenario Analysis to study & analyze the financial feasibility of the current projects & assess the financial efficiency for the continuity of the projects.
• Study the risks of investing and planning for future operations.
• Analyze the financial performance of the operations & develop cash flow rates
• Preparing the monthly, quarterly & yearly budgets, profit/loss & forecast funding information
Relationship Management
• Reporting to Emirates Bank Fund Managers & Liaising with Belgravia Asst Management L, Jersey UK.
• Coordinating with the Finance Operation Department for executions the mortgages.
• Liaising with finance clients for execution the Mortgages deals and provide them with property Management reports or any other requirements

- Supervised in implementation a numbers of IT projects & programs by developing, analyzing & given feedback on the new Oracle systems like: Finance system. Payment system, Overtime system, HR system (supervising, analyzing, Developing & transferring from old system to the new on oracle)
- Supervised on ministries project. (Transfer more than 1000 stuff from all ministries to the company by preparing the projects budgets, cost analyzing & supervising transferring the date to our system.
- Support of viability evaluation of investment targets and project due diligence