Mohamed Saleh, Senior Manager, Financial Planning & Analysis

Mohamed Saleh

Senior Manager, Financial Planning & Analysis

Kuwait Finance House

Location
Kuwait
Education
Master's degree, General, Strategic Management. Thesis: Fund Transfer Pricing, Implication: Islamic Banking
Experience
25 years, 10 Months

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Work Experience

Total years of experience :25 years, 10 Months

Senior Manager, Financial Planning & Analysis at Kuwait Finance House
  • Kuwait
  • My current job since January 2004

Current Position
Job Title : Senior Manager - MIS Unit
Department : Financial Control Department
Islamic Bank : Kuwait Finance House
In charge - MIS Unit : MIS Unit is under formation
Expected Number of employees (6-8) persons
Year of Experience : Starting this year

Responsibilities
Managerial responsibilities:
 Implement work plan for establishing MIS Unit, this concerns:
o Selective Manpower;
o Work specification to achieve work targets;
o System implementation to overcome reporting obstacles; &
o Time framework constrains.
Technical responsibilities (brief):
 Unification of Database across the bank thru series of systems implementation across the banks;
 Optimize data sharing and unitary of data entry using widely accepted variables of information that serve in many places across bank functions;
 Delegated as Strategic Partner along with Strategic and Marking Department to maintain relation with investors’ company, bankers’ award, rating agencies…etc.
 Financial Analysis
o Trend and section analysis with peers competitors
o Part for Transformation process that bank is conducting;
 Participate in Capital Adequacy Basel III work shop under supervision of Central bank.
Last Position (Same employer)
Job Title : Assistant Accounting Manager
Department : Financial Control Department
Islamic Bank : Kuwait Finance House
Head of Section : • Financial Reporting Section
• Subsidiaries’ Control Section
• Capital Adequacy Reporting
• Central Bank Returns
Number of employees (7) persons
Year of Experience : More than 9 Years


Responsibilities (Brief)
Managerial responsibilities:
 Prepare annual plan for sections
 Assign employees’ personal targets
 Share with managers performance appraisal for staff
 Support Public relation activities with financial information; for instance:
o Stock exchange reports in quarter basis;
o BOD & Ministry of Trade in annual basis; &
o Advertisement and Management discussion in annual report.
 Support of Top Management with the calculation of:
o Expected profit;
o Distribution to Depositors; &
o Distribution to Shareholder.
Technical responsibilities:
 Issue of annual & interim Financials (Since 2008).
 Issue of Central Bank reports in periodical basis in relevant to financial position (Since 2006).
 Issue of Capital adequacy (Basel II); Pillar 1 & 3 (Since 2008).
 Review the Tax/Zakat calculation report.
 Review the preparation of Group Provisions.
 Support the rating agencies with required financial analysis
Prior jobs responsibilities (Most Crucial in KFH)
 Monitor the financial aspects of business activities of all bank's departments in order to ensure proper accounting cycle and financial results.
 Issue on periodic financial analysis reports considering the bank's internal (i.e., budget variance report, Product performance, departments’ business cycle…etc.) & external performance (i.e., Peer analysis).
 Share in projects/systems implementation in different banking business areas.

Senior Accountant at Al Yasra Food Company
  • Kuwait
  • February 2001 to February 2004

Senior Accountant

Internal Auditor at Abu Qir Fertilizers & Chemical Industry Co
  • Egypt
  • September 1999 to January 2001

Internal Auditor especially for exporting and foreign purchase activities

Accountant at Unilever
  • Egypt - Alexandria
  • February 1998 to February 1999

Intermediat Accountant for two manufacturing companies.

Education

Master's degree, General, Strategic Management. Thesis: Fund Transfer Pricing, Implication: Islamic Banking
  • at Maastricht Business School, The Netherland
  • May 2008
Diploma, IFRS - IAS
  • at Ernst & Young
  • June 2007

Pass

Bachelor's degree, Accounting
  • at Alexandria University
  • May 1997

Good

Specialties & Skills

Strategic Financial Planning
Regulatory Reporting
Information Management
Islamic Finance
FMCG - Oracle & Sun Solaris
Report tooler - Business Object
Group Reporting System - Consolidation - Cognos system
Investment System - iMal
Banking system - Phoenix

Languages

Arabic
Expert
English
Expert

Memberships

AAOIFI - Accounting and Auditing Organization for Islamic Financial Institutions
  • Member, Applicant
  • August 2007