Mahmood Ashoori

• Developed the Financial SOP and implemented the ERP and established functional objectives.
• Finalized quarterly & Annual Accounts, ensured closure of audit points.
• Presented monthly MIS to management along with variance analysis against budget and drive action plan to bridge the gap.
• Led the quarterly forecast process and ensured timeliness and quality of forecast.
• Conducted risk management.
• Consult BOD on funding options and cost reduction solutions.
• Monitoring cash flow and financial transactions.
• Managing the biggest Asian Games Hosted in Bahrain.

• Established a proper chart of accounts to cope with the organizational structure.
• Ensure that internal controls and processes are adequate and functioning properly which agree with regulatory guidelines and government requirements.
• Financially managed and participated in major sports events (London Olympic Games 2012, Inchoen Martial Arts and Indoor Games 2013, S. Korea).
• Created an accounting system to manage entries, reporting and budget for both BOC and associations related financials.
• Preparation of the consolidated financial statements.
• Participated in financial standards setting, departmental and overall budget and in forecast process.
• Maintain and balance association accounts by verifying, allocating, posting, reconciling transactions and resolving discrepancies.
• collect and analyze financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to financial problems
• Updating job knowledge by participating in educational and practical opportunities.
• Provide input into department’s goal setting process.
• establish and monitor the implementation and maintenance of accounting control procedures.
• Plan, assign and review staff’s work.

• Provided consultation services for the preparation of chart of accounts for many types of organizations at many countries.
• established and directed testing & compliance department.
• Assisted in designing financial reports with the compliance to IASs & follow IASB regarding revisions on standards.
• Established the new branch in KSA and hired the appropriate qualified staff.
• Made the company more competitive in a brand driven region by pinpointing the cost-benefit relationship in the products.
• Retained existing customers to continue investing in other products that serves their needs.
• Initiating businesses and completed two major projects in KSA with productivity and efficiency.
• Successfully managed to outperform the existing personnel as got promoted in a short notice.
• Administrating and planning the execution of Optimum Financial ERP (Leger & Budgeting, Purchases & Payables, Sales & receivables, Inventory, Fixed Assets, HRMS)

• Assisted in established the new subsidiary “TAMCON”.
• Established the finance department with the compliance of the parent company’s rules and procedures.
• Handled the finance ordinary tasks.
• Handled the HR sector & IT competently to cover the gaps on the company’s initial stage .