Mouhanad Alturkmani

•Murano Property Development: Started in 2014 developing in Dubai, then expanded in UK & Cyprus to have international portfolio reach to AED 3 billion.
Latest project Murano Residence project in Furjan-Dubai consist of 8 towers by more than 1000 units and 80 villas & Townhouses by total area 1.7 million square foot.
Group is working in other sectors:
• Automotive: Trading (KIA motors, Hyundai motors) in Dubai Jabil Ali free zone.
• Electronic: Electronic and home appliances trading (LG, Electrolux)
• Car Spare Parts: Spare parts Company (Hankook tires, KIA spare parts)

Highlights:
• Successfully maintained the projects cost under budget by 7% through compressing activates in the budget.
• Effectively raised ROI by determining the best mix of units and products and focusing on profitable products.

Key Responsibilities:
• Coordinate to upgrade ERP system (SAP, Analyst) by requesting for new modules and functions from programmers.
• Minimize the closing cycle by 5 business days by improving clear KPIs for accounting team and reduce the length of the annual audit by 3 months over year by developing reporting system.
• Collaborate to keep project ahead of schedule by 1 month by following the critical path
• Efficiently design financial system policy and procedures. Ensure to prevent liquidity shortage by design feasibility studies and control projects cash flows.
• Initiate steps to develop sound relationship with banks and Escrow to get credit facilities. Effectively minimize risk of investment in portfolio of bonds and stocks by diversity assets.

Finance Operations:
• Involved in financial planning and facility management budgeting. Initiated the budgeting process and reviewed monthly budget and financial reports.
• Executed the finance and accounting policies and procedures and ensured that expenditures of the organization are within the authorized annual budget.

Strategy Planning:
• Developed tools and systems to provide critical financial and operational information and made actionable recommendations on both strategy and operations.
• Initiated the development and execution of the organization’s long and short term strategy and established a system of checks and balances to assure accurate reporting.

Financial Reporting:
• Supervised the day to day financial reporting. Ensured prompt monthly, quarterly and annual closing of books of accounts, lead the preparation of the statement of financial position and variance explanations.
• Analyzed the financial statements, profit & loss accounts and balance sheet prepared by the accounting team, verified accuracy and submitted financial reports to the senior management.

Operational Control:
• Managed cash flow and forecasting. Optimized the handling of banking relationships and initiated appropriate strategies to enhance cash positions.
• Oversaw budgeting and the implementation of budgets so as to monitor progress and presented financial metrics both internally and externally. Placed the right accounting and financial policies and procedures to cover all sections in the department.

Osos Group is a leading construction & engineering company in Syria and has devoted the extended experiences, the multiple specializations and the ambitions of its engineers to set up high quality and large scale projects. The group consists of following:

• Osos for Engineering & Construction: Executed many projects for Emaar Syria, Binladin group, Petro Canada
• Mashreq Factory: A Manufacturing for chemical products like paint, plaster, etc.
• Master Key (Facility Management and Maintenance): Maintenance buildings for many banks & telecommunications providers like (MTN).
• Al Maktab: Trading offices furniture
• COLORTEK: Trading painting, plaster

Designation Chronology
• General Manager, Aug-2013 - Nov-2014, Master Key Company
• CFO, May-2008 - Nov-2014, All Group
• Financial Manager, Aug-2005 - May-2008, All Group

Highlights:
• Initiated Master Key Company to wine MTN tender in 2014 after long negotiation to increase contract 36% from previous year.
• Upgraded and modified ABC Manufacturing costing system in chemical factory to focus on profitable units.

Key Responsibilities:
• Coordinated and directed the preparation of the budget, financial forecasts and report variances; forecasted cash flow positions, related borrowing needs and available funds for investment.
• Developed and administered the policy and procedures of the accounting & finance department, formulated a risk management framework to handle business risks and ensured internal controls were in place to eliminate chances of financial mismanagement.
• Recognized the expenses and maintained an appropriate audit trail, provided supporting documents / invoices and accounting information to auditors during yearly financial audits.
• Obtained credit facilities line from bank for construction works by improving group financial profile and involved in hedging risky materials in projects to avoid pricing fluctuation like iron and cement.
• Successfully controlled projects cash flows and determined funding requirements. Effectively established financial system and work flow. Coordinated to develop accounting team of more than 15 accountants with clear KPIs.

PREVIOUS ASSIGNMENTS:
• Accounting Manager, Al Dunia (Ticketing & travel), Damascus - Syria, Mar 2004 - Aug 2005
• Accountant, Kawalyss Group (Outdoor advertising), Damascus- Syria, Mar 2003 - Feb 2004
• Instructor, Unlimited Horizons Center, Training institute for Management Science