Chief Financial Officer
Al Qimma AL Masseyeh International Trading Co. Ltd (FMCG)
Total years of experience :25 years, 2 Months
Work with senior leaders on the strategic vision of the organization including cultivating and
fostering strategic relationships and potential alliances, engage in the growth agenda including
organic and acquisition strategies.
Partner with the CEO and other senior leaders on operational and strategic issues as they arise;
provide strategic recommendations based on financial analysis and projections, and
revenue/expense analysis.
Develop and promote a framework to drive financial acumen and accountability across the
organization; provide timely and meaningful analyses and reporting to operational leaders.
Oversees all financial transactions, including billing, finance, accounting and reporting.
Prepare materials and present, as necessary, financial information to Board of Directors or other
committees. Prepare and communicate monthly and financial statements.
Collaborate with CEO and COO on developing the operating budget. Oversee long-term
budgetary planning and cost management in alignment with the strategic plan.
Provide timely and accurate analysis of budgets, financial reports, and financial forecasting.
Lead and coordinate an integrated financial planning process which includes inputs from sales,
product, clinical, actuarial and operational expense units.
Develop and maintain appropriate product level models to ensure adequate pricing coverage
and enhance decision making.
Provide financial discipline and business decision support to evaluate long term and short term
strategic business opportunities.
Responsible for oversight of financial internal controls and coordination of all financial audits.
Develop and monitor policies and procedures within general accepted accounting principles
(GAAP) and corporate guidelines to ensure sufficient cash flow, reduce operating costs, and
increase revenues. Maintain general ledger structure, chart of accounts, policies and procedures
to enable financial statement preparation and compliance with all required financial audits.
Collaborate with Human Resources on benefit strategies including, but not limited to, health
plan thus providing the most competitive packages for the organization’s
employees.
Responsible for facilities and asset management of the organization.
Review all formal finance and IT related procedures, processes, and administration,
recommending improvements to the systems in place and managing the systems going forward.
Conduct due diligence and recommendation on the timing and implementation and of
significant development or technology investments.
Advise on contract negotiations from a financial impact perspective.
Maintain external relationships with banks, auditors, and third party vendors.
Establish efficient workflows and business processes to meet the need of financial information
of multiple internal and external stakeholders
Collaborate with underwriting or analytical teams to assimilate actuarial pricing and medical
trend information into financial forecasts.
Develop and manage direct staff, to include finance and IT managers; guide larger multidisciplinary
teams outside of direct span of control to include risk management and security
controls.
Provide guidance on attracting and developing key team members.
Design and maintain a robust claims reserving process that is in compliance with actuarial
standards (applicable to potential new lines of business).
Other responsibilities and projects as assigned
My position is accountable for the administrative, financial, and risk management operations of the Group, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Principal accountabilities includes but not limited to the following ::
Planning
Assist in formulating the company's future direction and supporting tactical initiatives
Monitor and direct the implementation of strategic business plans
Develop financial and tax strategies
Manage the capital request and budgeting processes
Develop performance measures that support the company's strategic direction
Operations
Participate in key decisions as a member of the executive management team
Maintain in-depth relations with all members of the management team
Manage the accounting, human resources, investor relations, legal, tax, and treasury departments
Oversee the financial operations of subsidiary companies and foreign operations
Manage any third parties to which functions have been outsourced
Oversee the company's transaction processing systems
Implement operational best practices
Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
Supervise acquisition due diligence and negotiate acquisitions
Financial Information
Oversee the issuance of financial information
Personally review and approve all Form 8-K, 10-K, and 10-Q filings with the Securities and Exchange Commission
Report financial results to the board of directors
Risk Management
Understand and mitigate key elements of the company's risk profile
Monitor all open legal issues involving the company, and legal issues affecting the industry
Construct and monitor reliable control systems
Maintain appropriate insurance coverage
Ensure that the company complies with all legal and regulatory requirements
Ensure that record keeping meets the requirements of auditors and government agencies
Report risk issues to the audit committee of the board of directors
Maintain relations with external auditors and investigate their findings and recommendations.
Funding
Monitor cash balances and cash forecasts
Arrange for debt and equity financing
Invest funds
Invest pension funds
Third Parties
Participate in conference calls with the investment community
Maintain banking relationships
Represent the company with investment bankers and investors
Managing the organization’s financial accounting and reporting systems.
Preparing reports and analyzing and evaluating financial performance data.
Developing and constructing long-term, strategic business plans.
Monitoring to economic change and market trends.
Researching other factors that affect organizational performance.
Monitoring and analyzing competitor performance.
Steering mergers and acquisitions.
Researching and making recommendations on investment strategy.
Executing international capital-raising campaigns to fund expansion and investment.
Creating monthly reports and cash-flow projections to predict future trends and developments.
Revising business plan recommendations according to research findings and analysis.
Developing and overseeing financial management systems that operates at minimal risk.
Liaising with external auditing agencies, legal bodies and statutory organizations to ensure financial compliance.
Managing organizational borrowing and debt.
Managing the organization’s insurance budget.
Comprehensive, exacting accounting skills and knowledge of procedures.
Powerful analytically thinking and problem solving skills.
Superb communication skills for preparation of and delivery of reports and analyses.
Depth of business management and economics knowledge to enable research and evaluation of change and trends.
Ability to operate at senior management level, provide input and recommendations to executive team decision making processes.
Outstanding strengths in information technology skills, particularly accounting packages and systems, with ability to utilize modelling programs and optimize financial management systems.
Confidence in liaising with regulatory representatives and professionals in external organisations.
Staff management skills, with strengths in supervising and motivating a team, sometimes over different sites.
High level of integrity, being trustworthy and respectful of confidential information.
-Financial and Strategic Planning
-P&L Management
-Auditing and Compliance
-Operating and Working Capital
-Budget Development and Management
-Merger and Acquisition Negotiations
-Cash Flow Management and Modeling
-Business Valuations
-Developed financial modeling system that reduced turnaround time from five days to one day.
-Directed the movement of IS to Winterset plant with only one day of downtime.
-Converted to new payroll and accounting systems that reduced and improved tax reporting and corporate consolidations.
-Directed several IS conversions to increase accuracy and reduce time for financial recording and reporting.
-Developed cost estimating process for quoting new business that was adapted by entire division.
-Installed LAN to enhance communication and information-sharing capacity.
-Coordinated the financial reporting functions of three locations and supervised accounts payable for entire division.
-Trained plants in the use of corporate reporting systems.
-Assisted several acquired plants in converting to corporate reporting systems, and assisted with due diligence reviews for new business acquisitions.
-Supervised up to 6 people.
-Directly involved in forecasting and planning, budgeting, and product line reporting for up to three locations.
-Prepared product line financial statements, month-end closing, and product budgets.
Certified IFRS Accountant
Master In Business Administration (MBA)
Bachelor Degree In Accounting Amman, Jordan 1997
