Ibrahim Adi, Finance Manager

Ibrahim Adi

Finance Manager

Al Bahar Projects For General Trading & Contracting

Location
Kuwait
Education
Bachelor's degree, Accounting
Experience
21 years, 2 Months

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Work Experience

Total years of experience :21 years, 2 Months

Finance Manager at Al Bahar Projects For General Trading & Contracting
  • Kuwait - Al Kuwait
  • My current job since April 2021

- Oversee and review the preparation of the company’s financial accounts to ensure that these are presented accurately and on time.
- Negotiate with banks the necessary funds and facilities.
- Reviewing the local and foreign Supplier’ payments.
- Follow up the Clients’ invoicing and collections.
- Review the company’s expenses and revenue on a monthly bases and advise the Managing Director accordingly.

Finance Manager at Al Karam Catering Services
  • Kuwait - Al Kuwait
  • August 2019 to April 2021

1- Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
2- Conduct reviews and evaluations for cost-reduction opportunities.
3- Oversee operations of the finance department, set goals and objectives, and design a framework
for these to be met.
4- Manage the preparation of the company’s budget.
5- P&L and balance sheet management
6- Supply chain financial management
7- Serve as a key member of the senior management team to develop operational and strategic business plans and forecasts.
8- Overseeing and control of the purchasing department to ensure the right item is purchased at the most competitive price.
9- Monitor supplier/customer agreements regarding respective revenue and cost associated with them.

Finance Manager at United Gulf Shipping & Rocks Co. K.S.C (Closed)
  • Kuwait - Al Kuwait
  • January 2015 to July 2019

1- Oversee and review the preparation of the company’s financial accounts to ensure that these are presented accurately and on time.
2- Produce accurate Financial reports, cash flow, budget, & end of months reports.
3- Assist the Finance Manager to plan, implement, coordinate and manage the various financial functions.
4- Negotiate with banks the necessary funds and facilities.
5- Reviewing the local and foreign Supplier’ payments.
6- Follow up the Clients’ invoicing and collections.
7- Review the company’s expenses and revenue and prepare analytical reports as required.

Country Manager/ Financial COntroller at GCC Services
  • Kuwait - Al Kuwait
  • July 2008 to October 2014

- Works closely with the Human Resources Department to interview and hire new employees and Increases management's effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining manager.

- Oversees operational and production departments to review related reports and resolve operational, production and facility problems to ensure minimum cost and prevent operational delays and to meet future growth.

- Reviews all departments & projects, KPIs, processes and performance reports, for data, analyzes and conclusions to be presented to the MD to help in long and short term objectives and plan assessments.

- Assists the MD, and finance department in preparing the budgets and allocating funds to all departments on annual and semi-annual basis.

- Helps the BD department in Looking for new business opportunities and potential clients.

- Negotiates contracts with clients within the SOWs of the projects.

- Assist and guide the QHSE department into completion and implementation of the company manual guide & new QHSE Procedures.

- Reviews, analyzes and reports all QHSE statistics and analysis to the MD for company and projects KPI assessment.

- Follow, apply and maintain all applicable ISO standards and requirements.

- Executes any other tasks requested by the MD to ensure the success of the business and organizational responsibilities with a view to improving profitability.

Senior Auditor at BDO Burgan international accountant
  • Kuwait
  • July 2004 to July 2008

- Testing, evaluating internal control structure.
- Preparing financial analysis, budgets and cash flows.
- Execute quarterly reviews, interim and year-end financial statements.
- Preparing the draft of audit reports of companies
- Preparing and presenting of balance sheet and book keeping for the companies and financial reports including financial statements.
- Draft, to management letters.
- Advising clients on the application of new accounting and auditing standards

junior Auditor at MAJODY FOR ACCOUNTS AUDITING
  • Jordan
  • September 2002 to December 2003

junior Auditor

Education

Bachelor's degree, Accounting
  • at Faculty Of finance and Administration- Al-Israa private university
  • June 2002

Bachelor degree in accounting

Specialties & Skills

Accounting
Catering
Financial Accounting
Leadership
Team Management
Microsoft Office software
TeamMate Internal Audit program
Internet
Quickbooks
Finance
Management
Operation
team management
auditing
annual budgets

Languages

English
Expert
Arabic
Expert

Training and Certifications

Accountant training course (Training)
Training Institute:
Majody for accounts Auditing
Date Attended:
March 2003
Has successfully completed the TeamMate internal audit application training (Training)
Training Institute:
PricewaterhouseCoopers for accounts Auditing
Date Attended:
June 2010
Has successfully completed the training session on ‘Group Reporting Issues in IFRS (Training)
Training Institute:
Ernst & Young for accounts Auditing
Date Attended:
January 2009
Has successfully completed the BDO Audit Approach (Training)
Training Institute:
BDO for accounts Audit
Date Attended:
January 2005

Hobbies

  • Swimming
  • Travel
  • Car Racing