Investment Manager// مدير استثمار
Exsab Investment
Total years of experience :18 years, 0 Months
•Identify and assess new business opportunities and develop business plans and financial models to analyze PE proposals
•Assist management to increase profitability, safeguard market position and diversify the business of investee companies
•Responsible for review of the consolidated budget and monitoring monthly variance
•Review the consolidated financial statements as per IFRS
•Oversee the entire external audit function for the group and its associates (2 Groups;25 SBUs)
•Group tax/ zakat planning and review of zakat/tax returns
•Coordinate with external consultants and review the business valuations, due diligence, investment banking, feasibility studies, formulation of DoA matrix and financial policies & procedures for the group and its affiliates
•Coordinate with legal advisors and review the term sheets, SHA, SPA, Franchise Agreements and myriad agreements
•Project Manager for the successful implementation of Oracle Fusion SAAS ERP for the SBUs
•Overall supervision of the accounting, banking, finance function of the group and its SBUs
•Implemented an Activity Based Costing model with 40 activities and 17 cost objects
•Implemented the ABC software CMS ahead of time
•Maintained the fixed asset register, depreciation and CWIP schedules
•Responsible for the sales audit and cash-balancing for all the stores
•Prepared the monthly payroll and was responsible for month end closing payroll vouchers
• Prepared cost sheets for all the products and meals
• Produce reports for the business which cover gross profit analysis by product, store and the implications for waste
• Responsible for variance analysis and restaurant profitability analysis
• Involved in cost reduction by eliminating wastes thro’ production efficiency analysis
• Managed inventory reports and was responsible for month end inventory checks
• Actively involved in the migration of all purchase and sales information from legacy system to Oracle Financials 11i.