Corporate Finance Manager
MAN Enterprise
مجموع سنوات الخبرة :34 years, 4 أشهر
• Corporate Finance Manager (Middle East, Gulf, Africa, Europe)
• Implement and maintain financial strategy, budget, policies and procedures throughout MAN Group and coordinate treasury, budgeting and costing, financial planning and analysis
• Provide leadership in the development for the continuous evaluation of short and long-term strategic financial objectives.
• Ensure credibility of Finance group by providing timely and accurate analysis of budgets, and forecasts.
• Secure Bank facilities, funding needs and manage liquidity and cash flow projections to determine the optimum use of funds and suggest alternative methods if necessary.
• Direct and oversee all aspects of the Finance, Accounting, HR, Tax, Legal, Budgeting & Reporting functions of the organization (Regionally).
• Establish and maintain strong relationships with senior executives so as to identify their needs and seek full range of business solutions.
• Provide executive management with advice on the financial implications of business activities.
• Set all departments annual budget and operating plan in coordination with the budgeting and reporting
• Monitor and analyze monthly operating results against budget.
• Manage processes for financial forecasting, budgets and consolidation
• Manage processes for financial forecasting, budgets and consolidation and reporting to the Company
• Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable federal, state and local regulatory laws and rules for financial and tax reporting.
• Bank facilities’ effectiveness
• Manage legal Units within the region and opening new entities or branches in Africa, Europe, Middle East, Gulf
• Companies and License Acquisitions in Europe, Middle East
• Set up of new companies in Africa, Europe, Middle East, Gulf and Leader for Strategic projects
• Implemented Microcredit, Finance, HR and Payroll systems using Oracle with full integration between them all
• Set up loan procedures from loan application, internal processes to final approval, schedule reimbursement, issuing payment, and signing contract.
• Set up Finance, Accounting and HR Department along with a financial and human resources policies and procedures
• Implemented of financial budget for better planning, controlling and initiating corrective action to minimize their impact on the business
• Managed and reviewed key performance indicators, performance evaluation and strategic initiatives that increase loans, streamline internal process and improve productivity through the organization
Key Training Attended from 1992 up to 2008:
2008: Financial Leadership, KARL STORZ, Tuttlingen, Germany
2007: Consolidation, Internal Control, KARL STORZ, Tuttlingen, Germany
2006: Int’l Accounting Vs. German Accounting, KARL STORZ, Tuttlingen, Germany
2005: Implementation of Int’l Financial Reporting Standards - IFRS, KARL STORZ
2004: Great Plains, Microsoft & MDS, Beirut
2002: Anger Management QMI, Beirut
2002: Management Total Quality, QMI, Beirut
2001: Value Added Tax, A L C P A, Lebanon
2000: Value Added Tax, Ernst & Young, Lebanon
2000: Total Quality Management, Brain Power, Lebanon
1998: Leadership, Procter & Gamble, Beirut
1997/1998: College II: Finance & Accounting, Procter & Gamble, Schallbach, Germany
(Budgeting, Analysis of Financial Statement, Financial Reporting)
1997: Implementation of International Accounting Standards, Deloitte & Touche, Lebanon
1996/1997: College I: Finance & Accounting, Procter & Gamble, Schallbach, Germany
(Finance, Accounting, Budgeting, Audit, taxes, Internal Control, Marketing, Production, Costing)
1995/1997: Product Supply, Finance & Accounting, Budgeting, Procter & Gamble Geneva
1997: QICR- Quality Internal Control, Procter & Gamble, Egypt
1996: Computer Seminars, Procter & Gamble, Geneva
1996: Internal Control, Procter & Gamble, Geneva
1996: HPWS: High Performance Work System, Procter & Gamble Geneva then Lebanon
1995: Salary Planning, Procter & Gamble, Geneva
1995: EHRIS- Human Resource, Procter & Gamble, Egypt
1995/1996: Budgeting, Procter & Gamble Egypt
1992: Finance & Accounting Procter & Gamble, Geneva
• Established companies for KARL STORZ covering Middle East, Gulf, & North Africa
• Developed and defined financial policies, computer systems and procedures to control the company’s operation
• Set up the financial strategy followed by distributors in terms of sales vs. collection.
• Controlled budgets and successfully reduced actual cost vs. budget and initiated corrective action where required to eliminate the impact of unfavorable variances.
• Conducted feasibility studies for new ventures to relocate the head office to the Gulf Area
• Directed finance, accounting treasury, budget, financial reporting functions, managed L/C, L/G departments and standardized of financial reporting for enterprises
• Established strategic funding plan, created financial packages for new projects and secured payment of minimum financial charges.
• Managed processes relating to financial accounting, detailed budgets, financial plans and financial control at the company level
• Performed supervisory functions in addition to treasury functions pertaining to formulation of cash flow statements on a yearly, monthly and weekly basis
• Prepared and reviewed contracts with distributors and set up the financial credit limit and terms
• Prepared and follow up all legal issues relating to the Board of Directors Meeting an General Assembly Meeting
• Followed up all the financial issues with tax authorities and Ministry of Finance
• Developed a pension plan system for local and abroad employees
- Directed and controlled entire financial activities for the group (lebanon, Middle east, and Africa)
- Implemented GREAT PlAINS System for the group
- Controlled the due deligence for acquisation of Liban Post
- Developed a collection system for 49 branches all over Lebanon
- Coordinated with Ministry of Finance and Ministry of Telecommunication for related issues.
- Enhanced financial system to accurately captures financial transactions.
- Budgeting, Financial Reports, Consolidation, Forecasting, Payable, Receivable Mgt, Bank Relations, Taxes.
- Establihed a group of companies to conduct financial investment in Lebanon
- Participated in all negotiation process for acquisation of Movempick and Four Seasons Hotels
- Conducted the due deligence to secure banking facilities to complete Movempick Project
- Implemented Financial, Accounting for all companies, and sales systems for selling, chalets, cabinets, marina....
- Developed and controlled Budget,
- Controlled expenses of project Vs. banking facilities
- Supervised all finance and accounting activities.
- Created areas of potential internal control and improving operational efficiency, costing, and expenses
- Supervised Cost accounting activities and controlled actual costs vs.
- Created with other leadership team from Procter & Gamble Geneva the SAP system in Lebanon
- Organized budget and cost control, quarterly forecast, yearly end closing in accordance with International Accounting Standards.
- Established with other leadership team security procedure in maintaining and protecting Company's assets.
- Prepared monthly financial statements, liquidity reports, variance analysis, Cost Control Vs. Budget, Working Capital etc..
- Developed EHRIS (Human Resource sytem) for employee evaluation and controlled salary increases Vs. Budget.
Thesis: Employment in non Profit Organization Vs, Profit Organization
MBA A Thesis: Quality of Employment in Non Profit Organization Vs. Profit Organization