Mohammed Ismael

Set Company Accounting & Financial Procedures
Budgeting & Forecasting
Financial Reporting preparation
Analysis Reporting & variance analysis
Project Pricing
Mange tax & regulation requirements
Mange Treasury & bank negotiation.
ERP implementation 365

Set up system and financial procedures, manage company cash cycle, set feasibility study and capital budget, manage audit and financial reporting .
Manage 100 branches in GCC (UAE, KSA, Oman, Qatar, Bahrain and Iraq)

1- Accounting, System and Financial Control
• Develop and oversee the continuous improvement of accounting and financial processes
• Develop and oversee accounting policies and procedures to meet IFRS and organisation structure.
• Drive information system evaluation to support the finance and business needs.
• Oversee the external audit, review the audit statutory accounts.
2- Management reporting
• Oversee the financial management reporting process
• Present monthly and year to date financials with analysis the result to management team.
• Ensure financial management reporting tools and processes are in place to support ongoing and future needs of the business.
• Ensure timely submission of all internal reporting requirement.
• Conduct ad hoc financial analysis as required.
3- Budgeting / planning
• Coordinate the annual forecasting and budgeting process.
• Approve the budget and highlight the GAB to management using financial Ratios
• Provide visibility on performance of the business unit against budget / forecast
4- Cash and risk management
• Oversee the cash management function, including banking relationships and treasury
• Optimize cash position, develop cash follow forecasting.
• Review and approve all capital expenditure projects.
• Set relevant LPIs to Improve working capital (inventory, receivable, payables) collection from customer and sound management of inventory level are key for the company and finance
• Ensure appropriate legal review of contracts and external legal advice when required.
5- Meet legal and tax requirement.
• Insure proper documentation of tax (Vat in KSA and UAE).
• Ensure submission of all reporting requirements including statutory account to local authorization.
• Manage General assembly meeting and organize all document to match with requirement.
• Ensure all contracts are matching with legal and our terms. (Suppliers, Customer and Construction)
6- Do the implementation for ERP system AX 2012 and Vusion (Oracle)
7- Supervising staff to achieve the target required in time.
8- Review and approve monthly payroll
9- Approve all expenses payment

*Lead the accountancy team (15) to meat the objectives as set in the annual business plan
*Manage quarterly and annual closing of accounts process and ensure the financial statement are accurate and accordance to IFRS
*Prepare annual budget and manage the management accountant to review it monthly and quarterly to prepare variance report and prepare regular monitoring report to management and highlight the weakness point on operation*
*Manage all senior accountant staff to controll the expenses at least to match with budget expenses*
*Manage the daily cash follow report and treasury to control and reduce bank interest expenses
*Provide analysis and report of the company financial position
*Monitors spending and financial control
*Analyze cost and revenue (Margin and markup) and prepare CVP analysis
*Manage and generate analytical report through SAP system as referance for any relevant management decision to be undertaken
*Work with CFO to analysis financial date and explain numerical or financial date to all user (financial and non-financial )
*Verifies journal ledger for cash and payment, purchases, expenses and trial balance
*Set control system trhough chart of account by create clearing account and make each one responsible about other one work so we get control to deduct mistake and fraud on time.
*prepare consolidation financial statement and manage the portfolio

1-Review all petty cash GV and approve payment voucher
2-Monthly and yearly closing performing including the adjustments, balances confirmation & functional external audit
3-Review all monthly reconciliation SL&GL-PL&GL- bank -inventory &GL & monthly audit file and do adjustment.
4-Review all clearing account ant provision account and confirm if any wrong no to adjusted
5--Responsible about facility contract and have good relation with all bank in Kuwait.
6-Prepare PL for FMCG division and analysis the variance between Actual, Budget, and Actual previous year to highlight the reason for increase or decrease expenses and sales (item wise)
8-Submit the closing file to finance manager and explain all point to him
9-Prepare yearly file for audit
10-Managing the portfolio and prepare monthly report regardin risk and return for new share and sugest the share which should sold.
11-responsible about corporate finance
12-Responsible for analysis the variance between standard cost and actual cost and finalize the variance with cost control for F&B.
13-Prepare the full group consolidation financial statement
14-Managing the general assembly meeting in MOC and have professional knowledge about holding company low and W.L.L company low.

1- Control & Monitoring For All Daily Invoices For Suppliers
2-Preparing Monthly Report For Finance Manager
3-Follow Up & Reconciliation All of Suppliers Account
4-Dealing with external suppliers and maintain the control of payments
5-Verifying the Journal vouchers and payable vouchers prepared by the accountants
6-Preparing Monthly Report For Project Cost
7-Preparing & Reconciliation SIV, Inventory For Al Site & Head Office
8-Responsible About Cut & Bend And Concrete Factory Sales (from A to Z)
9-Responsible About Operation & Transport Transaction & Reports
Automation and streamlining of financial operations procedures,
10-Maintaining policies Work paper generation for audit
11-Follow Up & Reconciliation for Inter Company.
12-Maintaining of general ledger

1-Preparing journal entries and trial balance and reports for upper managements
Tracking inventory and auditing sales and purchase for branches.
2-Bank reconciliation.
3-Preparing payroll.
4-Tracking product life cycles.
5-Corresponded with the agencies Preparing L/C.
6-Preparing trial balance and reports for upper managements
7-Tracking cost upon percentage of completion for all cost centers
8-Preparing balance sheet and cash flows and cash analyze reports for auditors