CFO
Delta Corporation
Total years of experience :15 years, 8 Months
• Performing all the necessary financial support to achieve the organization's mission and help execute staff succession and growth plans.
• Working with CEO on the strategic vision including fostering and cultivating stakeholder relationships, as well as assisting in the development and negotiation of contracts
• Assessing benefits of prospective contracts and advise the Executive Team on implementation matters
• Performing the necessary due diligence and business plans for the newly acquired business.
• Working with the General Managers to ensure programmatic success through cost analysis support, and compliance with all contractual
• Create unified reporting mechanism/standards
• Handling all the support departments ( HR, IT, Facility Management and administration)
• Managing all financial activities for our branches in Kuwait, USA, Iraq and UAE
• Review the full process of the value chain and define the idle resources and critical path
• Controlling, developing and restructuring the accounts department for Al-Jaber Engineering subsidiaries “ATS, ITL, ITD, ASMA, APDC, ASC, J&M, IDG, CET, INC, BIMTEC, Gulf Alberta, Emcon and Delmon Scaffolding”.
• Evaluate the current internal control procedures.
• Evaluate the currently used accounting packages.
• Evaluate the performance, capabilities and qualifications of the subsidiaries accounts departments and personnel.
• Prepare a through report illustrating the findings, observations, weaknesses and other relevant details and how to rectify the shortcomings and improve efficiency.
• Create unified reporting mechanism/standards for subsidiaries to follow.
• Create summary monthly/quarterly reports for BOD.
• Working closely with JEC Finance manager in obtaining competitive financing from the banks we deal with
• Replace, terminate unqualified staff, and to recruit and hire capable / qualified staff
• Review and update the internal control procedures and ensure that they are implemented effectively
• Prepare and create an accounting manual/guidelines to be distributed for accountants and concerned staff to follow
• Monthly meeting to be conducted with the GM of each subsidiary discussing the performance of the company .GM`s comments on results need to be included in the monthly report.
• Provides timely and accurate analysis of budgets and financial reports
• Develop financial systems and controls in each country of operation of the MENA region and ensure compliance with both international and local regulations in those countries.
• Oversee preparation of local accounts in each country of operation
• Preparation of monthly management accounts within specified timeframes and performance reports to Regional office.
• Monitor cash flow and debt collection
• Supervise and develop the MENA finance team
• Provision of advice and guidance on financial and management accounts to operational managers.
• Provision of financial data in support of sales targets and reporting.
• Research and develop efficient financial reporting systems in liaison with the EMEA Financial Controller and EMEA Finance Manager
• Promote the corporate safety programs and ensure safe working conditions exist within finance department
• Ensure financial and management reporting systems and procedures adhere to WFT QA requirements.
• Responsible for implementing new or revised procedures relating to the financial reporting process
• Monitor and apply necessary control over purchasing costs.
• Ensure client billing is accurate and that invoices are generated within the specified timeframe.
• Perform the following monthly reconciliations: Bank, Fixed Assets, Inter-Company, debtors/creditors etc.
Faculty of commerce-English section