Freelance Audit Firm Finance and Management Consultant
Saade for Auditing and Consultancy
مجموع سنوات الخبرة :28 years, 4 أشهر
•Provided Consultancy, Feasibility Studies, Financial Advisory, and Business Plans for companies and clients.
•Up-to-date with Lebanese Income Tax law, Social Security Law and local and Internartional regulations.
Offering Strategic Financial Management for this leading systems integrator and technology solutions provider in the Middle East with annual turnover of AED 1, 6 Billion and its Group of Companies and Affiliates, Founded in 1978, providing technology such as Cisco, Nokia, Oracle, Microsoft, Dell, EMC, Sun Microsystems, Vignette, Tandberg, Citrix, NCR, SGI, Roland and others, to Government, Oil & Gas, Healthcare, Education, Hospitality, Financial Services, Real Estate Development, Transportation in UAE.
Worked on many business scenarios and future strategies, provided multiple financial and strategic re-structuring scenarios and financial plans to the Board of Directors, and efficiently analyzed the financial position and business processes, recommended solutions, Improved credit terms and negotiated with banks and business partners and reduced bank charges.
I managed the accounting, financial, budgeting functions of multiple companies. My scope of work included:
•Preparation of business plans, feasibility studies, financial statements, financial analysis, projections and information including Due Diligence process financial statements.
•Managed the Treasury department and the cash management operations.
•Managed; supervised the financial policies and the finance team including the preparation of quarterly management accounts for multiple companies.
•Managed the re-forecasting process and prepared the Group consolidation documentation and development of controls and processes.
•Prepared and updated a development strategy.
•Supported Heads of Service and other service managers in developing financial systems to meet their needs.
•Improved control and processes.
•Reported to the President, B.O.D and Group General Manager, Supported by 24 staff.
Reason for leaving: Financial situation of the company.
Pivot Eng. is one of The largest general contractors in the UAE, consisting of over 5100 employees with an annual turnover of approximately US $ 300 million, where I successfully planned a turnover of 2 Billion Dirham’s: I was in charge of Implementation and development of financial strategy and planning, in addition I implemented an ERP system designated for construction Industry in Pivot in 2009 which include: integrating of the: estimation, bill of quantity, procurement, HR, inventory modules, to the final accounting and finance module and created MIS reporting and developed crystal reports.
•Improved Inventory Management, reduced expenses.
•Improved business processes and reporting.
•Managed the treasury processes and cash flow.
•Worked and finalized a Long term Business Plan and Cash Flow.
•Reported to Board of Directors and managed 20 supporting staff.
Reason for leaving; Merger and Acquisition.
Feasibility Studies, Financial Advisory, Business Plans for small companies and clients.
Directed the corporate accounting, financial, budgeting and auditing functions for this leading Group of Engineering & Construction Companies working in Nigeria and Equatorial Guinea (Infrastructure, Roads and Bridges, Development, Foundation, Quarries). Reported to Board of Directors, supported by 50 staff.
*Prepared business plans, feasibility studies, financial statements, projections and information.
*Participated in the transformational change process (strategy & management).
*Planned, budgeted, directed and reviewed the internal audit of eleven companies.
*Managed the corporate Due Diligence process (Financial, legal, and controls).
*Presented the financial statements & audit results to the board of directors.
*Managed all aspects of the financial, accounting and corporate affairs of the project companies and holding companies.
Achievements:
*Assessed and identified the non-profitable & risky business areas, increased profitability & cash flow, and reduced expenses through effective business plans, strategies, processes and controls, saved millions of dollars yearly.
*Demonstrated capability to inspire and motivate a large team. Consequently, developed and optimized many subordinates’ potentials.
*Proved ability of work productivity and performance in a multi-national business environment, and different business cultures and locations.
*Introduced and implemented internal auditing policies and procedures.
*Developed business plans, and assisted the management team in the formulation and execution of future strategies.
*Re- structured the organizational charts of the various companies including the finance departments divisions in collaboration with the management team.
*Proposed, developed, monitored and evaluated plans and results via effective financial systems and controls, unified the accounting procedures and the reporting system, and improved the accuracy and reliability of the financial reporting.
Responsibilities:
*Managed the financial and accounting policies & procedures.
*Prepared all financial analysis and reporting including: monthly, quarterly and year-end reporting & analysis; ad-hoc analysis; tax returns; statutory annual financial statements; tax-compliance reporting.
*Planned, managed and implemented budgets and decentralized forecasting system.
Achievements:
*Re-organized the finance division’s departments and processes of the company that operates projects, quarries, crushers and asphalt plants.
*Created policies manuals, strengthening compliance with existing and new policies and procedures, reduced expenses.
*Initiated changes to computer and manual systems, which improved the financial analysis and reporting, with greater timeliness, while reducing overall workload.
*Assured lasting relationships with financial institutions, investors, and stakeholders.
*Successfully obtained financial facilities from Banks.
*Implemented effectively a business and financial software based on Fox Pro, Visual Basic, and Oracle (later on).
This leading Audit Firm is part of Crowe Horwath New York, and expert in various industry fields such as manufacturing, distribution, financial institutions, oil, construction and other.
As a member and Senior Employee of Horwath Abou Chakra and Company, I worked on auditing the accounts of five banks, manufacturing companies, Hospitality Industry, Government Entities, Contracting and Trading companies.
*Planned, supervised, and performed audits of different businesses and banks in the Middle East.
*Applied both local and International Accounting and Auditing Standards.
*Evaluated systems of internal control, operating procedures and prepared recommendations for improvement.
*Worked on acquisition reviews and special projects.
*Provided clients with technical advice.
Full Time Attendance of the MBA degree with merit. Focus on Strategy and Transformation, International Financial Markets, IFRS (IAS), International Marketing, Logistics and Suppy Chain Management. Dissertation with distinction: The implementation of the Online Banking in Lebanon: A study of two major banks, grade 76% excellent.
Focus on Accounting, Financial Management and Analysis, Business Law, Maritime Law, Government Institutions, Human Resources Management, Management Accounting, Organizational Behaviour, Banking and Money. Dissertation: The Public institutions in Lebanon.