Financial Director
Alwefaq National Transport
Total years of experience :16 years, 3 Months
• Established and led a dynamic financial management team.
• Create financial policies and procedures for the company
• Studying new contracts with customers according to the company’s objectives
• Evaluated new projects, aligning company strategies with financial goals.
• Preparing the BUDGET after discussion with the various departments within the company and following up on the implementation of the budget with the departments concerned with that
• Study and prepare the company's target and how to reach the target
• Negotiated credit facilities for asset acquisitions and procurement contracts for operational efficiency.
• Follow up with the various departments, especially the Operations and Maintenance Department, to identify any deviation that results in failure to achieve the company’s objectives
• Analyzing performance indicators for departments and projects.
• Periodic financial and operational analysis to identify the strengths and weaknesses of each truck in the fleet and make recommendations to help address the causes of weakness in performance.
• Submitting financial analysis reports to CEO
• Managing cash in a way that ensures securing the company’s operating needs for a period of no less than 3 months
• Pioneered the establishment of a strategic operational supplies warehouse, ensuring uninterrupted operations and cost-effectiveness amidst market fluctuations.
• Spearheaded the management of fixed assets and subsidiary accounts, ensuring financial stability and compliance.
• Fixed asset accounts
• Fleet insurance accounts.
• Afiliated Companies accounts
• Oversaw end-to-end restaurant accounting processes, meticulously tracking meal costs and sales invoices.
• Implemented daily inventory reconciliations to optimize cost management.
• Managed payroll accounts and contractual commitments.
• Conducted daily accounting entries ensuring accuracy and compliance.
• Reconciled bank statements and monitored financial obligations.