Mohammad Elayyan, Vice President of Finance - Al-Fozan Group

Mohammad Elayyan

Vice President of Finance - Al-Fozan Group

Nesaj Real Estate Development Co - Al-Fozan Group

Location
Saudi Arabia - Khobar
Education
Master's degree, MBA
Experience
21 years, 8 Months

Share My Profile

Block User


Work Experience

Total years of experience :21 years, 8 Months

Vice President of Finance - Al-Fozan Group at Nesaj Real Estate Development Co - Al-Fozan Group
  • Saudi Arabia - Khobar
  • My current job since November 2012

Nesaj Real Estate Development Company, a Saudi limited liability Co. operates mainly in Al-Kohbar, Nesaj is active in acquisitions, mass residential and commercial developments, and property management.

As a VP. finance at Nesaj:

- Successfully managed a Real Estate Fund in coordination with a leading regional financial institute.
- Raised debt and capital maximizing in Nesaj and its shareholders value.
- ERP Implementation.
- Acquisition of contracting company.
- Established policy and procedures.
- Buildup strong cohesive finance team.

group chief financial officer at Al-Khaldi Group
  • Saudi Arabia - Khobar
  • My current job since June 2015
Chief Financial & Administration Officer at Arab Life & Accidents Insurance Company. Plc
  • Jordan - Amman
  • February 2010 to October 2012

Arab Life & Accident Insurance Company (P.S.C.) is a Jordan-based public shareholding company that provides all classes of life and non-life insurance products and services. The Company offers its services through two divisions, namely Life Insurance and General Insurance. Its Life Insurance products and services include life, retirement, and health insurance. The General Insurance division covers medical, marine and hull, property, motor, and general accident insurance. The Company operates a network of four branches domestically, and has two branches in Palestine.


As part of my duties as Chief Financial Officer:

-Board Adviser
-Lead treasury function
-Managing financial risks.
-Financial planning.
-Data analysis for decision making.
-Cash flow management.
-Financial reporting - Group consolidation.
-Efficiently manage both accounting and administration departments .

Moreover am also member of the company investment committee, responsible for:

Taking the initial investment decisions through analyzing the financial statements of the potential investee companies.
Projection and other related business modules to estimate the feasibility of any investment.
Managing the company investment, through monitoring the investments value, return on investments, liquidating the unprofitable investment to utilize the company assets in more profitable investments

A. Manager at Deloitte & Touche
  • Saudi Arabia - Eastern Province
  • November 2006 to January 2010

As an A. Manager exposed to audit of various industries, family owned business groups ( Al-Fozan- Al-Rashed, Al-Majdoui and Al-Bawardi), Contracting companies, Insurance and banking. Handled complicated audit and accounting technical issues. Managed to work under pressure and coordinate with team of multicultural professionals.

Audit Supervisor at Ghosheh & Co. CPA’s (Nexia International)
  • Jordan - Amman
  • August 2002 to September 2006

1.Study the Organizational Structure, the Internal Control & the Accounting System of the Company.
2.Perform the auditing procedure to define the weaknesses in the Internal Control & the Accounting System.
3.Report these findings to the appropriate level of management submitted with recommended action to overcome these problems.
4.Preparing Financial Statements according to International Accounting Standers.
5.The previous duties covered local & foreign companies in the field of Banking & Financial Institutions, manufacturing, Trading (Retail& Wholesale) and Insurance.

Education

Master's degree, MBA
  • at The University of Manchester
  • June 2019

Manchester Business School is one of the leading business school in the world, its global rank in 2018 is 33. In Europe 5th and 3rd in UK

Diploma, (CPA) Certified public accountant
  • at CPA
  • August 2009

member of California board of accountancy

Bachelor's degree, Accounting
  • at Jordan University
  • June 2002
High school or equivalent, Litrary Stream
  • at Tareq Bin Ziad School
  • June 1998

General Secondary Education Certificate Examination, with an average of 94,2% out of 100%.

Specialties & Skills

Manufacturing
International Accounting
Management
Wholesale
Micro Soft Office

Languages

English
Expert
Arabic
Expert

Memberships

California Board of Accountancy
  • CPA Member
  • August 2009

Training and Certifications

CFM (Certificate)