Financial Management Services Lead
Stantec / Ashghal
Total years of experience :26 years, 10 Months
• Establish Financial Management annual plan and implement a centre of excellence for robust financial governance, compliance, management and deliver an increasing return on investment on Ashghal assets. Major achievements:
o Secured funding to deliver operation and maintenance agreed level of services for massive infrastructure growth through implementing right practices for budget preparation, execution and monitoring of over QAR 3 billion annual budget
o Implemented a Financial Fixed Assets Register for assets with estimated value of QAR 215 billion in compliance with IPSAS and integrated Financial and Asset Management data to measure infrastructure sustainability KPIs
o Developed a cost optimisation and revenue enhancement model, and completed a benchmarking study for Roads and Drainage infrastructure costs, leading to influence O&M cost reduction of 23%
o Established robust processes and integrated solutions within Ashghal to comply with the service fees law, formed billing and collection agreements for Ashghal & Kahramaa and Ashghal & Ministry of Interior, helped in growing Ashghal revenue
o Enhanced finance team productivity through restructuring of Assets Affairs finance function, building team capabilities, and knowledge sharing
• Engage and align with client’s key internal stakeholders including Senior Management, Asset Management, Operation & Maintenance, Procurement, Contract Management, Planning and Quality, and Legal to achieve the corporate objectives and KPIs, identify risks and develop action plan if required
• Review deliverables produced by diverse teams, and report progress and achievements to the client
• Established a Shared Financial Services Centre for the Middle East region resulting in improved efficiency and overhead reduction, transformed the finance team to be a business partner and enhanced the team capabilities
• Implemented a variety of ERP modules including Contracts, AP, AR, GL, Budget, and Business Intelligence.
• Led monthly financial reviews with country managers to discuss performance variances and agree on corrective actions
• Managed a taxation health-check for the region to drive tax compliance and optimization
• Supervised the treasury function which included financing arrangements with banks, hedging activities and bank guarantees for projects
Delivered financial management activities/solutions leading to improved business performance under the following roles (Oct 1997 - Jul 2008):
• Finance Manager, MWH Arabtech Jardaneh, Amman, Jordan (Apr 2006 - Jul 2008)
• Finance Manager, Construction Experts, Amman, Jordan (Sep 2004 - Mar 2006)
• Finance Manager, Mold Technology, Amman, Jordan (Oct 2001 - Aug 2004)
• Accountant, Modern Montessori School, Amman, Jordan (Oct 1997 - Sep 2001)