Finance Manager
Hassad Food Company
مجموع سنوات الخبرة :2 years, 2 أشهر
Set up accounts / finance departments for head office and global subsidiaries.
Active involvement in business acquisition - proposal evaluation, due diligence, fair value calculation & final negotiations
Supported the management in setting up five overseas and three local subsidiaries
Setup financial and operation’s reporting models and assisted management for the best product mix to turnaround the loss making subsidiaries.
Implemented Oracle R12 ERP for diversified global agriculture / livestock/FMCG operations and finalized year 2009/2010 accounts using Oracle ERP.
Introduced financial controls, policies & procedures
Prepared five year group business plan and budgets for 2009 & 2010. Introduced group monthly financial & operating results reporting formats with budget comparatives and viable solution to control the adverse variances.
Dealing with international tax consultants (Top 4 Accounting Firms) for strategies to optimize tax benefits for overseas subsidiaries by establishing Holding Companies in DTT countries & tax heavens.
Dealing with subsidiaries finance and operations for implementation of financial policies and procedures
Dealing with banks and JV partners regarding project finance. Successfully negotiated US Dollar 1.5 billion line of credit for global investment with top rated banks at the lower cost than prevailing market rates with the most favorable repayment schedule.
Foreign exchange dealings.
Interface with inter-departments in execution of group business objectives and financial policies.
Involved with IPO process for an overseas strategic investment company
Prepared group consolidated financials for 2009 & 2010 and obtained external audit reports.
Quarterly Board presentation with business / financial analysis and preparation of Annual General Meeting Report