Finance Manager / Qatar and Bahrain Market
Kitopi Services OP Doha
Total years of experience :12 years, 9 Months
- Collaborated with business units to develop and analyse financial plans, budgets, and forecasts. Provided insights into financial performance, identified trends, and highlighted areas of concern or opportunity.
- Assisted in making informed business decisions by evaluating financial data, conducting financial modelling, and performing cost-benefit analysis. Provided recommendations to optimize resource allocation, improve profitability, and enhance operational efficiency.
- Monitored and tracked key performance indicators (KPIs) to assess business performance and identify areas for improvement. Worked with business units to set performance targets, track progress, and provide regular performance reports.
- Assessed and mitigated financial risks within the business units. Helped identify potential risks, develop strategies to manage them, and ensure compliance with financial regulations and internal control policies.
- Worked closely with various stakeholders, including department heads, senior management, and finance teams. Collaborated, communicated, and built relationships to align financial objectives with business goals.
- Actively sought opportunities to improve processes, systems, and financial performance. Identified areas for efficiency gains, recommended process enhancements, and participated in cross-functional projects to drive organizational growth.
- Provided financial advisory and insights on business cases and highlighted risks and opportunities to facilitate decision-making.
- Provided weekly P&L reports to measure performance against budgets and forecasting.
- Prepared monthly finance reports and analysed actual vs. budget vs. forecasting.
- Performed variance analysis to budget and provided narrative on causes of variance.
- Controlled G&A spend and ensured accurate balance sheet accruals.
- Drove month-end closing by analysing trial balances, researching general ledger activity and variances to budget and prior year.
- Prepared variance analysis and recommendations on monthly financial figures from business units compared to budget and last year and issued reports as required by management.
- Reviewed monthly business performance and provided insights.
- Supported decision-making with data and insights reporting.
- Provided accurate and timely finance information.
- Worked with non-finance managers to drive the budgeting process.
- Reviewed and tracked the creation of financial reports based on financial planning, projecting, and forecasting in a timely manner.
- Actively influenced day-to-day decisions, strategy, and the direction of the business.
- Implement and manage strategies to optimize food costs by conduct regular analysis of ingredient costs, portion control, and menu pricing to enhance overall profitability and collaborate with culinary and operations teams to analyse the profitability of menu items by provide insights into menu engineering to maximize revenue and minimize food waste by perform detailed variance analysis on food costs compared to budgets and forecasts and Provide recommendations to address variances and improve cost efficiency.
Erth Holding is a newly established, privately owned, Qatari company, with a vision to consolidate its position as a leading organization that contributes to Qatar’s national economy.
Erth Holding has nine businesses operating under it. These businesses span diverse industries. From real estates to investment from Hospitality F&B & Hotels management to Construction and Contracting, from Trading to Manpower, from Architectural Design to Furniture and Interior Fit-Out
RESPONSIBILITIES:
I oversee and ensure to provide financial leadership, ensure compliance, support strategic decision-making, and drive financial excellence within the group of companies. Also development of all financial reporting, systems and information within the companies . I manage a diverse the team, and am responsible for local, group-level and regulatory reporting.
My key responsibilities and achievements include the following:
- responsible for developing and overseeing the financial planning and analysis process for the group of companies. This includes preparing budgets, forecasts, and financial models, as well as conducting variance analysis and providing insights into financial performance.
- ensure accurate and timely financial reporting for the group of companies, including the preparation of financial statements, management reports, and regulatory filings. also ensure compliance with accounting standards, tax regulations, and other financial regulations applicable to the group.
- responsible for consolidating the financial results of these entities. This involves eliminating intercompany transactions and ensuring accurate and consistent financial reporting across the group.
- develop and implement financial risk management strategies and internal control procedures to safeguard the group's assets and ensure compliance with financial policies. This includes identifying financial risks, evaluating controls, and implementing measures to mitigate risks.
- work closely with senior management and business unit leaders to provide financial insights and support strategic decision-making. This may involve conducting financial analysis, evaluating investment opportunities, and assessing the financial viability of business initiatives.
- collaborate with various stakeholders, including senior management, board members, auditors, and external advisors, provide financial expertise, guidance, and reports to support effective communication and decision-making.
- Develop, implement and enforce policies and procedures of the organization to improve the functioning and efficacy of the corporation.
- manage and develop a team of finance professionals responsible for financial operations, reporting, and analysis within the group. This includes setting goals, providing guidance, and ensuring the team has the necessary skills and resources to fulfil their responsibilities.
- identify opportunities to improve financial processes, systems, and reporting within the group. This may involve implementing automation, streamlining workflows, or enhancing financial analysis tools to increase efficiency and accuracy.
- Prepare feasibility studies in advance of the opening new business firm
- Build a relationship with the bank and Open new the bank Facility to support our cash flow and projects
- Maintaining the cash flow with the Groups
Aura Group it is Subsidiary Company of Power International Holding covering Hospitality, Entertainment and
Catering with over 50 F&B brands, 25 virtual brands, 4 entertainment parks and a catering division.
RESPONSIBILITIES:
I am plays a critical role in overseeing the financial operations, strategy, and compliance of the restaurant. Also responsible for financial planning, analysis, cost control, compliance, and strategic decision-making to ensure the financial health and success of the business.
My key responsibilities and achievements include the following:
- Developing and managing financial plans, budgets, and forecasts for the Groups . Conducting financial analysis to evaluate performance, identify trends, and provide insights to support decision-making.
- Ensuring accurate and timely financial reporting, including income statements, balance sheets, and cash flow statements. Preparing financial reports for management and stakeholders to assess the financial health of the restaurant.
- Monitoring costs and expenses, including food and beverage costs, labor costs, and overhead expenses. Implementing cost control measures and conducting profitability analysis to optimize financial performance.
- Contributing to the development of financial strategies and long-term planning to support the growth and success of the Groups. Identifying and mitigating financial risks and implementing appropriate risk management measures.
- Monitoring and managing the restaurant's cash flow, ensuring adequate liquidity and working capital. Implementing cash flow forecasting and optimizing cash management processes.
- Ensuring compliance with financial regulations, accounting standards, and tax requirements. Liaising with external auditors and tax advisors to facilitate audits and maintain compliance.
- Evaluating and enhancing financial systems, processes, and controls to improve efficiency, accuracy, and data integrity. Implementing best practices in financial management and reporting.
- Assessing and analyzing capital expenditure projects and investments. Providing financial analysis and recommendations to support investment decisions and ensure optimal use of resources.
- Managing relationships with vendors and suppliers, negotiating contracts and terms to optimize costs and ensure quality supplies.
- Managing and developing a team of finance professionals, providing guidance, training, and support. Promoting a collaborative and high-performing finance department.
- Conducting financial forecasting and scenario analysis to assess the impact of different business strategies and market conditions on financial performance. Providing insights to guide decision-making and risk management.
- Tracking key performance indicators (KPIs) and financial metrics to monitor the overall performance of the restaurant. Analyzing variances and trends to identify areas for improvement and drive operational efficiency.
- Building and maintaining relationships with internal stakeholders, including senior management, operations teams, and other departments. Collaborating and providing financial insights to support cross-functional initiatives.
- Developing and managing the restaurant's annual budget, ensuring alignment with strategic objectives. Monitoring budget performance and providing regular reports on financial variances and trends.
- Collaborating with external financial partners, such as banks and investors, to secure financing, manage relationships, and explore potential growth opportunities.
UCC - PMV is the Plant Machinery & Vehicle Part of Power International Holding
Providing Moving, lifting, transportation, power solutions and construction equipment for all the Groups
RESPONSIBILITIES:
My key responsibilities and achievements include the following:
• Manage and oversee the daily operations of the accounting department including:
- month and end-year process, accounts payable/receivable
cash Activity, General ledger, payroll and utilities, treasury, revenue and expenditure variance analysis & capital assets reconciliations
• Monitor and analyse accounting data and produce financial reports or statements
• Establish and enforce proper accounting methods, policies and principles
• Coordinate and complete annual audits
• Provide recommendations
• Improve systems and procedures and initiate corrective actions
• Meet financial accounting objectives
UrbaCon Trading & Contracting Company (UCC) is a Qatari based international construction services company and a leading Grade A licensed builder and it is Subsidiary Company of Power International Holding
RESPONSIBILITIES:
My key responsibilities and achievements include the following:
• Preparing revenue projections and forecasting expenditure.
• Preparing daily cash Position
• Preparing month bank reconciliation
• Maintaining and reconciling balance sheet and general ledger accounts.
• Responsible for processing payroll and governmental reporting as well as preparing monthly, quarterly, and year-end payroll statements.
• Assisting with annual audit preparations.