Mohamed Yassin, Group FP&A

Mohamed Yassin

Group FP&A

Imdad Group

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, Accounting
Experience
22 years, 1 Months

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Work Experience

Total years of experience :22 years, 1 Months

Group FP&A at Imdad Group
  • United Arab Emirates - Dubai
  • My current job since July 2018

 Tracked monthly performance by preparing and analyzing monthly management reports financial/non-financial across the group as well as KPIs to provide recommendations for necessary corrective actions. Provide profitability analysis per sector per business line.
 Develop and implement financial models and dashboards with insightful business intelligence to leverage historical trends and forecast outlook.
 Analysing complex financial information and reports to provide accurate and timely financial recommendations for decision making purposes (Transfer pricing - Salaries - Dividends - Tax - Zakat - Sales - F/V cost analysis).
 Prepare & provide oversight for the completion of annual budgets, business plans, and quarterly forecasts, ensuring accurate and timely financial reporting across the group.
 Prepare the end year legal consolidated financial statement for the holding company and review the draft statements issued by the external auditor.
 Prepare and maintain the group monthly cash forecast and monitor weekly collections, maintain the banks balances in line with the group guidelines.
 Manage the group AR aging report, prepare the estimated credit loss study in compliance with IFRS.
 Created, Developed, and prepare the monthly collectors performance evaluation.
 Review and monitor VAT filings and documentation. dealing with matters relating to the FTA.
 Support the end year closing group audit.
 Preparing business cases and investment analysis for the strategic projects and initiatives.
 Ad-hoc tasks and preparing reports as directed by the CEO/VP Finance.

Group Finance at Metito Holding Limited
  • United Arab Emirates - Dubai
  • May 2014 to June 2018

Group Role:
 Preparing the group consolidated financial statements on monthly basis.
 Prepare the monthly management accounts and analytical reports, analysing the monthly performance.
 Participate in the group consolidated budget and business plan, validating the assumptions and review with the regions for verification.
 Perform the accounting function for the holding entities and investment bookings.
 Prepare the monthly group intercompany reconciliations.
 Liaise with the group external auditors for the year end closure.
 Review of IFRS draft financials of Gulf entities and the group set of consolidations.
 Support on PQ/BID requirements for new projects.
 Support on Group initiatives.
Operation Role:
 Manage gulf concession accounting function (Receivables & collections / Payables and cash management / Cash flow forecast / Banks relations / dividends management).
 Prepare and maintain IFRIC 12 concession model to compute key financial elements of concessions, comparison with budgets/forecast.
 Prepare the annual budget and forecasts (monthly split) tracking the monthly actual results vs. budget, identifying the gaps and variance analysis.
 Oversee / Prepare cash forecast for MUL Gulf entities.
 Coordinate with auditors for MUL gulf entities audit.

Regional Financial Planning & Reporting Manager - Africa region at Metito
  • Egypt - Cairo
  • September 2011 to April 2014

• To manage the financial reports preparation of Africa operations.
• Develop strong financial analysis models to assist the management decision taking.
• Participate in the financial plans and periodical forecasts preparation.

Financial planning & Reporting Manager at MTN - Sudan
  • Sudan - Khartoum
  • September 2007 to December 2010

 Prepares guide lines, distributes and trains all departments on how to prepare their budget.
 Managing the budgeting process, designing new models to develop budget and quarterly forecasts align with the concerned divisions.
 Review & challenge the budget assumptions to develop accurate budget and to assure meeting the due dates.
 Assess key risks and opportunities that may arise during the forecast period.
 Responsible for the preparation of the monthly reporting package as per the group specs in the due time.
 Reviews costs and performs cost benefit analysis related to projects and/or business units.
 Evaluate Financial Performance by analyzing results, monitoring variances versus budget and recommending timely actions to the management
 Make analysis of critical contracts in order to anticipate possible factors that might impact the project execution.
 Evaluating & driving the company’s performance through the balanced scorecards on division basis.
 Preparing analytical models required to analyzing, valuating & validating the commercial business cases and the new products & services.
 Identify risks in the proposed business case.
 Supporting the monthly and year-end closing process ensuring correct submissions to the group reporting System.
 Sharing the group discussions and workshops to issue the group accounting manual.
 Representing the finance in the tender committee to valuate suppliers or service providers’ offers, highlighting financial impacts on both the actual & budget.

Senior Budget & Planning Analyst at OrasInvest Holding
  • Egypt - Cairo
  • June 2005 to September 2007

- Preparing monthly financial reports, analysis & KPI's required by top management for the subsidiaries in addition to any ad-hoc reports & analysis required.
- Preparing Group monthly consolidated financial statements.
- Prepare and issue the analytical reports that cover all profit and loss statements categories, defining the gaps of actual versus budget and prior year.
- Coordinate with the subsidiaries to prepare the annual budget and to fulfil the needed reporting packages and schedules.
- Coordinate with the subsidiaries to update the annual budget on quarterly basis
- Communicate with the subsidiaries to review, validate and adjust the business plan projections.

J. Financial Analyst at Arab Moltaka for Investments Co. (Dallah Elbaraka Group)
  • Egypt - Cairo
  • August 2001 to June 2005

- Performing financial analysis for the subsidiaries and prepares reports & presentations to be discussed by the top management.
- Build valuation models to value target companies based on the business plan projections.
- Reviewing the annual budget with all the subsidiaries, defining the gaps of actual versus budget and prior year.
- Reviewing acquisitions, merges & sales with the related authorities.

Education

Bachelor's degree, Accounting
  • at cairo university
  • May 2001

Specialties & Skills

Reporting
Consolidation
Financial Planning
Planning
Budget Process

Languages

English
Expert