Mostafa osman, C F O

Mostafa osman

C F O

Unicom Group (Communication Technology &software

Location
Saudi Arabia - Riyadh
Education
Master's degree, • MBA: (Finance)
Experience
30 years, 11 Months

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Work Experience

Total years of experience :30 years, 11 Months

C F O at Unicom Group (Communication Technology &software
  • Saudi Arabia - Riyadh
  • My current job since March 2013

 Providing and interpreting financial information;
 Monitoring and interpreting cash flows and predicting future trends;
 Analyzing change and advising accordingly;
 Formulating strategic and long-term business plans;
 Researching and reporting on factors influencing business performance;
 Analyzing competitors and market trends;
 Developing financial management mechanisms that minimize financial risk;
 Conducting reviews and evaluations for cost-reduction opportunities;
 Managing a company's financial accounting, monitoring and reporting systems;
 Liaising with auditors to ensure annual monitoring is carried out;
 Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the Inland Revenue;
 Producing accurate financial reports to specific deadlines;
 Managing budgets;
 Arranging new sources of finance for a company's debt facilities;
 Supervising staff;
 Keeping abreast of changes in financial regulations and legislation.

Collaborator at some of the audit and consulting firms
  • Saudi Arabia - Riyadh
  • August 2011 to December 2012

 Documented process flows and developed requirements for functional improvements and enhancements.
 Developed financial analysis reports and presentations by applying acquired financial principles
 Drafted monthly financial reconciliations and forecasts.
 Defined the scope and goal of new projects.
 Drafted financial and resource planning reports.

Finance and Company Budget Manager at AL Arab Group
  • Saudi Arabia - Riyadh
  • April 2000 to September 2010

 Analyzed complex regulation and policy documents that directly impacted budgetary and financial matters.
 Assisted the CFO with the production of the monthly financials, management reports and board packages.
 Prepared monthly and annual expense forecasts .including any necessary recommended action required to manage costs to achieve budget.
 Created executive analysis report highlighting business issues, potential risks and profit opportunities.
 Worked with management to document and offset unusual expense variances in their respective areas.
 Prepared financial and regulatory reports required by law, regulation or boards of directors.
 Created detailed financial models and analytical tools to facilitate variance analysis.
 Analyzed complex regulation and policy documents that directly impacted budgetary and financial matters. Executed and reported variance and gap analysis.

Accounts Manager at AL Fursan Computer Establishment
  • Saudi Arabia - Jeddah
  • March 1996 to December 1999

 Managed accounting operations .accounting close, account reporting and reconciliations.
 Evaluated accounting requirements during discovery meetings with potential clients.
 Performed field audits on wide variety of clientele using Quick Books System.
 Received, recorded, and banked cash, checks, and vouchers as well as reconciled records of bank transactions.
 Guided firm reconciliations, payroll, annual reporting, and management of investments.
 Developed and implemented efficient accounting, financial and operational systems.
 Led the modeling, planning and execution of all financial processes.

ACCOUNANT at AL Neelain Industrial Development Bank
  • Sudan - Khartoum
  • February 1994 to January 1996

 Analyzed legal documents, including wills, insurance policies and corporate contracts.
 Interviewed prospective clients to learn about their financial needs and to discuss any existing coverage.
 Negotiated with insurance companies on behalf of clients.
 Processed application, payments, corrections, endorsements and cancellations.
 Compiled coverage and rating information in accessible format.
 Prepared necessary paperwork to process insurance sales and renewals.

Accountant at Engineering Company for Contracting &Industry
  • Libya - Tripoli
  • January 1992 to December 1993

Performed debit, credit and total accounts on computer spreadsheets /databases, using specialized accounting software.
Investigated and resolved discrepancies in monthly bank accounts while under tight deadline.
Analyzed costs and revenues to project future trends.

Education

Master's degree, • MBA: (Finance)
  • at Punjab Technical University
  • December 2013

budgeting, strategic planning and accounting

Diploma, • Diploma: (Project Management)
  • at Institute of Management &Technology
  • December 2012

Project Management technical analysis. strategic planning

Diploma, (International Arab Certified Public ACCOUNTANT (IACPA
  • at (The International Arab Society of Certified Accountants (IASCA
  • November 2005

accounting. financial planning audit

Bachelor's degree, • Bachelor of ACCOUNTING
  • at AL Neelain University
  • March 1991

accounting

Specialties & Skills

Strategic Financial Planning
Staff Development
Business Process Improvement
Controlling
Project Management
Project Management
work process efficiency and profitability
Staff leadership and development
• Business performance improvement
Collaborating with some of the audit and consulting firms
Accurate forecasting
• Staff leadership and development.
Advance Excel
Extensive experience in budgeting, Strategic and financial planning, accounting and controlling
functional and technical analysis.

Languages

English
Expert

Memberships

 The International Arab Society of Certified Accountants (IASCA)
  • (International Arab Certified Public ACCOUNTANT (IACPA
  • November 2005

Training and Certifications

Diploma in project management. (Certificate)
Date Attended:
November 2012
- An advanced course in Excel (Certificate)
Date Attended:
December 2013