Hany Shaheen, Vice President

Hany Shaheen

Vice President

KAMCO INVEST Company

Location
Kuwait - As Salimiyah
Education
Bachelor's degree, Accounting
Experience
20 years, 0 Months

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Work Experience

Total years of experience :20 years, 0 Months

Vice President at KAMCO INVEST Company
  • Kuwait - Al Kuwait
  • My current job since May 2013

Reviewing the monthly financial statements (MIS) and presentations.
• Preparing Long Term plans (5 Years).
• Financial Statements and variance Analysis.
• Preparing Cash Flow forecasts & Projected Financial Statements.
• Preparing and reviewing the company’s annual master budget.
• Preparing Ratio analysis and evaluation models.
• Preparing turnover reports and Yields compared to competitors.
• Finalizing the interim financial review with the external auditor.
• Supervising the accounting allocation process.
• Following up with the taxation and related matters.
• Helping the external auditors to finalize the year-end financials.
• Preparing CMA and CBK reports and enter it online.
• Handling treasury Department and dealing with banks.
• Looking after Direct Investments.

Senior Financial Analyst at Global Clearinghouse Systems (Agility Group)
  • Kuwait - Al Farawaniyah
  • June 2008 to May 2013

Oracle Financial, Discoverer, HFM, IT2
Preparing the Monthly Financial Statements (MIS).
• Preparing a quarterly Rolling Budget.
• Financial Statement Analysis.
• Revenue Assurance and following up with the accountants regarding the collections.
• Cash Management and forecasted cash position.
• Preparing Quarterly Performance Reports and submit them to the HO.
• Preparing forecasted Cash Flow & Projected Financial Statements.
• Preparing and reviewing the company’s annual master budget.
• Preparing the variation & Ratio analysis reports.
• Finalizing the interim financial review with the external auditor.
• Follow up with the taxation and related matters.
• Helping the external auditors to finalize the year-end financials until issuing the audit report.
• Supervising the accounting team in closing the month and verifying the accounts.

Financial Consultant at Tally & Oracle) - First Qatar Real Estate Developmen
  • Kuwait - Al Kuwait
  • April 2007 to June 2008

Sharing in Oracle Financial implementation.
• Finalizing the year-end financials with the external Auditors.
• Preparing the Financial Statements.
• Following up the completeness of the projects with the contractors in Qatar.
• Preparing the variation & Ratio analysis reports.
• Evaluating and Booking the Investments.
• Reviewing Journal Entries.
• Reviewing payment certificates from the contractor and prepare the payment.
• Finalizing the year-end financial statements until the issuance of audit report.

Acting Finance Manager at United Networks Group – KIPCO Group - Kuwai
  • Kuwait - Al Kuwait
  • April 2007 to June 2008

Preparing the monthly Financial Statements.
• Preparing segmentation reporting.
• Cash Management.
• Analyzing the performance of the monthly sales and the deferred revenues.
• Preparing Quarterly Business Review reports.
• Sharing in preparing annual budget for the group.
• Preparing the ratio analysis reports.
• Financial Statement Analysis.
• Revenue Assurance.
• Sharing in preparing some business models like Commission scheme.
• Sharing in some Internal Audit projects with the financial controller & KIPCO internal audit
manager.
• Preparing a weekly projected cash flow for the group.
• Sharing in some re-structuring projects.
• Helping the external auditors to finalize the year-end financials.

Senior Accountant at Oracle & Peachtree) - Xpress Services Co- Kuwai
  • Kuwait - Al Kuwait
  • August 2006 to April 2007

Handling Accounts & Preparing Financial Statements for more than 10 satellite channels.
• Preparing monthly performance reports for management.
• Managing the collection process for the satellite channels all over the Arabian Countries.
• Accounts Receivable Reports & Aging.
• Preparing budget and monitoring.
• Following up with the third parties for the collections.
• Handling the accounts for one of our subsidiaries (X-Net).
4
• Preparing some accounts analysis for the external auditors.

Senior Accountant at ACCPACC) - Al-Mejhem Global Company (Bread Talk)
  • Kuwait
  • November 2005 to April 2006

Sharing Preparing Financial Statements.
• Preparing Suppliers Payments.
• Bank Reconciliation.
• Handling Petty Cash.
• Monitoring daily sales in the outlets.
• Reviewing salaries.
• Preparing some costing accounts.
• Following up the factory activities on daily basis.
• Preparing some accounts analysis for the external auditors.

Accountant at Al-Abraj Holding Co
  • Kuwait - Hawali
  • March 2004 to November 2005

Essential accounting duties.
• Handling bank accounts.
• Preparing the salaries for the staff.

Education

Bachelor's degree, Accounting
  • at University of Mansour
  • November 2003

- Accounting - Business Administration. - Auditing. - Governmental Accounting. - Non for profit Accounting. - Business Law. - Actuarial.

Bayt Tests

Financial Analysis Test
Score 75%
Financial Reporting Test
Score 88%

Specialties & Skills

Accounting
Planning
Reporting
Finance
ACCOUNTANCY
BUDGETING
CASH FLOW
FINANCE
FINANCIAL
FINANCIAL STATEMENTS
INVESTMENTS
SUPERVISORY SKILLS
Financial Modeling
Financial Planning

Languages

Arabic
Expert
English
Expert

Hobbies

  • football