Founder -
Q8Names.com,
Total years of experience :20 years, 0 Months
Q8Names.com is an internet Domains broker services lunched in Kuwait with a huge local internet domains portfolio. We do provide also graphic design services and web development in addition to financial and managerial services for startups business. Outsourcing is one of our strategy to meet our goals with the available limited recourse we have. First products lunched are Q8pizza.com, Kuwait-online.com.
Compiling the Financial Reports of RASMAL Holding Company and its subsidiaries. Total paid capital 100 Million USD. Investments vary between real estates and financial instruments. Reporting directly to CEO & V-investment president. Software used Microsoft Dynamic GP. Providing technical and fundamental analysis for the company with a total of 6 staff only.
Compiling the Financial Reports for the Holding Company that is acting as the investment arm for the group through direct and indirect ownership (Al-Rasan Energy, Al-Rasan Real Estate, Al-Rasan Catering).
2008-2010 Sultan-Telecom
2010-2011 Security and Technical Services Group
•Compiling monthly Profit & Loss statement compared to budget
•Preparing quarterly full set of the Financial Statements including Balance sheet, Income Statement, Cash flow, etc. In addition to the preparation of the consolidated financial statement with three active subsidiaries
•Using Oracle Financials R12, Modules (Account Receivables & Payables, Fixed Asset, General Ledger)
•Providing the executive management with detailed analysis needed for the status of the projects (billing, expenditures, work in progress, cost sheet summary, bank guarantees).
•Co-ordinate the annual audit with the company's External and Internal Auditors, ensuring adherence to reporting deadlines and reparation of the audit file
•Ad-Hok reports requested by top management like variance report
•Preparing cash forecast to identify monthly funding requirement
•Supervising the bank reconciliations for the five bank accounts maintained
•Junior Consultant for the Project “feasibility study to develop new options for private sector investment financing in Syrian Arab Republic- Phase II” (sponsored by European Investment Bank).
•Clients include: Saving Bank, Industrial Bank, and Public Credit Bank.
•Spervise the data gathering process
•Verifying and Checking the validity and accuracy of the gathered data
Established the accounting department for the branch office in Syria, including the setup of the chart of accounts, internal control procedures, etc.
Represented Cham Bank, the first Islamic bank in Syria, during the IPO (initial public offering) at Audi Bank. Responded to the inquiries raised about the Islamic banking and IPO issues.
• Compiling monthly Balance Sheet & Income Statement compared to budget forecasts
• Coordinating with the external auditor for issuing the consolidated financial statements
• Using AL AMEEN SQL as a computerized accounting system
• General ledger posting
• Maintaining an accurate accounts receivables and payables
• Inventory Costing and Projects follow up
• Supervising the finance Team of the subsidiary.
• Human Recourses Management
• Formulating and implementing procurement policy, Ensuring that all procurement is carried out in a cost effective manner
