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Hossam Binqasim, Project Finance Specialist

Hossam Binqasim

Project Finance Specialist·SAUDI ROTORCRAFT SUPPORT COMPANY

Saudi Arabia

Bachelor's degree, Finance

Work experience

Total years of experience: 8 years, 9 months

Project Finance Specialist

February 2021 - Present

SAUDI ROTORCRAFT SUPPORT COMPANY

Riyadh, Saudi Arabia

February 2021 - Present

• Financial review of project agreements.
• Prepared detailed budgets, cash flow projections ( based on budget and project implementation plans), cost analysis and other financial reports for each project.
• Managed tracking and monitoring of projects revenue, budgets and expenses.
• Prepared a budget variance report and do a funding reallocation when aspects of projects exceeded limits.
• Developed budgets and strategic plans for day-to-day operations and Improved overall financial reporting by streamlining control processes.
• Ensured the monthly reconciliation of the customers accounts.
• Ensured all customer invoices are properly recorded, generated from the system & sent to the customer (as per the agreed upon contract).
• Provided financial supports to PM and assisted in financial issues, inquiries related to projects and update transactions list on daily basis.

Company industry:
Military & Defense
Job role:
Finance and Investment

Financial Specialist

October 2018 - January 2021

YASMOO EST FOR EDUCATIONAL SERVICES

Riyadh, Saudi Arabia

October 2018 - January 2021

• Saved 400, 000 SR by implementing cost-saving initiatives that addressed long-standing problems.
• Analyzed revenues, costs, and expenses for management to be able to make accurate business decisions.
• Assisted in preparing and forecasting of annual budget.
• Deal making with Individuals and companies through negotiation to increase customer base and maintain relationships.
• Increased customer satisfaction by resolving discount policies issues.
• Resolved conflicts and negotiated mutually beneficial agreements between parties.
Projects:
• COVID-19 collections project.
• Cost reduction project.
• 5 Year forecasting project.

Company industry:
Primary, Prep, & Secondary School
Job role:
Accounting and Auditing

Accountant

October 2017 - September 2018

YASMOO EST FOR EDUCATIONAL SERVICES

Riyadh, Saudi Arabia

October 2017 - September 2018

• Prepared journal entries and entered into system using \[Pioneers ERP\].
• Administer accounts receivable.
• Account/bank reconciliations.
• Assisted with preparation of monthly financial statements.
• Prepared and filed Vat reports.
• Assisted in reviewing accounting structures and procedures on regular basis to identify areas in need of improvement.

Company industry:
Primary, Prep, & Secondary School
Job role:
Accounting and Auditing

Education

Kent State University

December 2016

December 2016

Bachelor's degree, Finance

United States

GPA (point): 3.3 out of 4

GPA (point): 3.3 out of 4

Skills

ERP Systems

Expert

Budgeting

Expert

Organizing

Expert

Financial Analysis

Expert

Communication

Intermediate

Decision Making

Intermediate

Budgeting

Intermediate

Negotiating

Intermediate

Financial Reporting and Analysis

Intermediate

Organizing

Intermediate

Problem Solving and Analysis

Intermediate

MS Office

Intermediate

Attention to Detail

Expert

ERP System

Intermediate

Teamwork

Intermediate

ERP Systems

Expert

Financial Analysis

Expert

Languages

Arabic

Native Speaker

English

Expert