Mohad Ashoo

1. Establishment Of Financial Planning And Reporting Manual, Procedures And Policies
2. Supervision Of Treasury Managing, Credit Control Risk Managing
3. Following Up, Student Accounts, Following Up Suppliers Accounts,
4. Developing Of The Financial Modules In The Management Information System that includes ( Eduwave & wave ERP)
a. Chart of accounts for the university and its units, collages, and cost centers
b. Student accounts Module
c. Purchasing Module
d. Suppliers Module
e. Fixed assets Module
f. payroll Module
g. Human Recourses Module
University of Nizwa Group:-
1. 4 Collages ( Art and Science , Engineering, Pharmacy, Economics )
2. learning centers( 4)
3. 6 major central directorate
4. University of Nizwa investment Fund (LLC)
5. Students Support Fund
6. Nizwa intercontinental company( LLC)
7. GANA Medical Center
8. Rabi Al Mesarat Supermarket
9. University of Nizwa Main campus Project ( 100 Million US$)
Details of my responsibilities: -
1. To develop and ensure that financial and accounting policies and procedural guidelines exist in all business units in order to establish stringent internal controls and more systematic analytical input.
2. To ensure high degree of operational efficiency and professionalism in finance, accounting, management accounting, treasury and analysis sections supervised for maintaining accurate & reliable books of accounts of all transactions.
3. To recommend and review financial control procedures for the purpose of safeguarding University assets.
4. To recommend and review accounting systems for the purpose of financial reporting in order to give reliable, timely adequate management information on University /group performance.
5. To review annual financial reports to ensure that they are approved by auditors and sent to all relevant persons concerned for periodic reporting of the University group performance.
6. To supervise, preparing financial submissions required by Government or other regulatory bodies such as MOHE and ensures that they are duly submitted for complete regulatory compliance. Review and check all documentations
7. To review viability through carrying out feasibility studies of major business initiatives and projects for the Executive Committee in order to facilitate business decisions making.
8. To lease with financial institutions to source investment funds and negotiates terms.
9. To review and approve the University group’s liquidity and cash management needs arising from business dealings to capitalize on opportunities available

1.Manage team of chief accountants And Accountants and Follow-up and supervision of all financial and accounting operations financial planning &Budgeting And Financial statements for group of 6 companies and the consolidated accounts. Key Account abilities Include Financial Management and Reporting To Satisfy board of directors Reporting requirements.
Companies in the group are
1- international trading and fiance company
2- Agriculture company
3-food stuff and restaurant company
5-electrical supply company
6- book shop and library company
7-consolidated accounts for the group
My Duties are :-
1.To prepare action plans/business plans to implement treasury/asset management strategy.
2.To draw up risk, return and other guidelines consistent with company's policy and return expectations to define desirable asset allocation.
3.To review investment proposals to recommend approval by the Finance Committee.
4.To liaise with financial institutions to source investment transactions and negotiate terms.
5.To monitor performance of investments and investment managers to ensure prudent management of company assets.
6.To recommend redeployment of assets as required by plan or to exploit opportunities as they arise to enhance performance of assets.
7.To provide input to the EC regarding the characteristics of different financial instruments to aid in the formulation of the company's investment policy.
8.To understand and monitor fund managers activities including pricing, fees, and compliance with investment prospectuses.
9.To conduct and/or supervise due diligence studies prior to the placement of private equity by the Group.
10.To 11 study investment proposals/prospectuses and summarize pertinent information in a manner that facilitates timely and rational decision-making. .To prepare and monitor company's strategic and operational budgets to optimize company resources and increase efficiency by working with and helping all functional units of the company.
12.To 13 carryout analysis and evaluation of financial performance of all Strategic Business Units to recommend withdrawing of investments from non-performing units and committing to those that are consistently profitable. .To review and direct the financial analysis and evaluation of business proposals and projects for viability and exercise control over resources being employed to generate management information reports for rational decisions

Senior Internal auditor, supervisor of internal audit during this pried I was assigned as Account Manager and was assigned to the position of Financial Controller in the group
Dallah
Saudi Arabia
1) Sharing in Recruiting Internal Audit Staff and financial Managers for the Group.
2) Directing and Supervising of the Internal Audit departments in the Holding Companies.
3) Evaluating Internal Audit staff performance periodically.
4) Preparing Internal Audit Manual for the Group.
5) Planning for the Group Audit.
6) Developing of Audit programs.
7) Reviewing of compliance to the group's existing plans, policies, procedures & regulations.
8) Assuring that company assets are properly safeguarded and are not misused.
9) Assessment of the productivity of the operation & recommending the positive area & minimize the risks in the operations.
10) Reporting to the Board of Directors monthly, quarterly and special audit reports when required.
11) Reporting to the Board of directors, the overall evaluation of the audit & the recommended courses of action to be taken by the management.
12) To follow-up from management what actions had taken on the basis of my recommendations?

Financial Controller


My responsibilities were as follows:
• Follow-up and supervision of all financial and accounting operations.
• Financial planning & Budgeting And Financial statements.
• Key Accountabilities Include Financial Management and Reporting To Satisfy Corporate Reporting requirements.
• Review and evaluate the adequacy of accounting, financial and operation controls.
• Developing financial and Administration procedures manual and establish internal control structure audit manual.
• Evaluating Financial Structure And financing Solution With Minimum Cost.
• Evaluating the Investments & Activities And Projects recommending the Profitable Investment.
• Provide My Consultations In Consolidation Of financial statements in the group
• Evaluating Computer system (MIS) Recommending the controls and management reports


Group Internal Auditor
at Muscat Overseas. in Sultanate of Oman
1989 -1992
My responsibilities
a) Designing all financial policies & internal control procedures in the group.
b) Recruiting the financial managers for the new companies of the group.
c) Designing financial manuals & procedures.
d) coordinating with external auditor's
e) Reviewing the feasibility studies presented by the Executive Managers & Recommending the changes thereof.
f) Reporting directly to the Chairman of the Board.
g) Acted as Vice-President of the Managers Committee.
h) Acted as President of the Capital Expenditures and Monetary Committee.
i) Vice-President for financial Planning Committee.

I worked with KPMG-Hazem Hasan in Cairo, and Oman as Chartered Accountant. During the course of employment, I gained lot of experiences regarding the audit of large & intermediate organizations activities like trading, contracting, industrial, banking and non-profit organizations. Also, I shared in Audit & accounting training courses given to the auditors. I achieved excellent professional progress and successfully passed the intermediate and Final Exams for CPA's in Egypt. During this period, I got a major diploma in Audit & Taxation in the university. Also achieved the first stage in preparation of Master Degree in Audit.