Chief Financial Officer
Middle Eas
مجموع سنوات الخبرة :23 years, 9 أشهر
(Industry - Real Estate Investment, Equity Investment, Building Materials) Achievements/Tasks Working with the Top management to efficiently develop proposal budgets, provide access to project finance information, andManage contract/grant compliance and reporting Responsible, either directly or by managing staff, for all cash management, investments, insurance, budgeting, and financial reporting, helping to drive the company's financial strategy and hiring needs Managing full array of financial functions including taxation, treasury, cash management, working capital management, corporate finance, control, audit, financial planning and analysis, ERP exploitation and MIS. Ensuring cash flow is compatible with company operations, by overseeing the day-to-day accounting, recording, reporting, and internal control activities of the organization Formulating the financial objectives and policies of the company and then prepare reports that outline the company's progress towards those objectives and financial position in terms of income, expenses, and earnings based on past, present, and future operations. Performing risk management through analysis of company liabilities and investments, and evaluate and manage capital structure and fundraising initiatives Monitoring performance with tracking, establish corrective measures as needed, and prepare detailed reports, both current and forecasting for earnings calls, the management team, and the rest of the company Managing finance personnel and oversee financial IT systems, ensuring compliance with all applicable Financial Accounting Standards Board, Internal Revenue Service, State Attorney General, and other relevant regulations Oversee HR function, coordinating with external service providers (payroll, benefits, and general HR) and internal staff responsible for various aspects of HR WORK EXPERIENCE
Industry - Diving, Rigging, Plant Maintenance, Blasting, Painting, Electro/Mechanical works, Civil Works, Hiring Achievements/Tasks Responsible for the financial management of the organization to include budget analysis and management, financial modeling and reporting, cost benefit analysis, forecasting needs, accounting and treasury operations, mergers acquisitions and investment strategies Partner with the board of directors and other senior leaders on operational and strategic issues as they arise; provide strategic recommendations based on financial analysis and projections, and revenue/expense analysis. Providing periodic financial information in the formats agreed with them at agreed intervals after reviewing with Chairman. Planning and execution of all financial process that leads to faster recovery form customer and supplier. Analyze market trends, survey, and used information process that leads to faster recovery from customer. Regular Liaison with Budgeting & MIS team members.- Providing weekly and monthly financial & academic data to enable the MIS team to update their reports to the management. Secured loans for the expansion plan with in Bahrain, coordinate the development of the annual operating, capital, and program budgets, and reporting against the same. Ensure cash flow is compatible with company operations, by overseeing the day-to-day accounting, recording, reporting and internal control activities of the organization. Lead the development and use of the best practice policies, practices, tools that ensure a well-controlled yet flexible organization with strong fiscal management, project management, cross team communication and workflow. Oversee HR function, coordinating with external service providers (payroll, benefits and general HR) and internal staff responsible for various aspects of HR
Industry - Mining, Aluminum Processing, Marble supply, scrap import & exporting Achievements/Tasks Driving growth and profitability for the Group's operations by providing strategic, direction and leadership for financial and business planning, in particular, the assessment of proposed strategic initiatives, and diversities, measures to improve operating efficiently and proposed assets deployment Developed the finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction and establishing functional objectives in line with organizational objectives Stayed abreast of emerging Accounting Standards, changes in financial regulations legislation, applications and technology platforms to ensure company leverages latest performance tools. Continuous analyzing financial reports and information to assess past, present and impending financial status of the organization. Effective management of Working Capital to ensure optimum use, maximization of profitability and Return on Investments. Carry out Financial analysis, Cash Flow Management, Investment portfolios and other analyses. Created procedures for protecting and controlling Assets, conducting Cost-Benefit analysis and identifying areas of weakness. Lead and coordinated an integrated financial planning process which includes inputs from sales, product, clinical, actuarial and operational expense units. Overseeing all financial functions, including operational and capital budgeting, multiyear, planning and forecasting, banking, financial analysis, fund management, financial reporting, and corporate governance. Responsible for the development and implementation of the Group's financial policies, procedures, and control mechanism to ensure compliance with related laws and regulations Ongoing risk management, including but not limited to treasury, insurance and risk management bringing a strategic financial perspective to risk assessment across the Group to minimize risk and preserve company assets. WORK EXPERIENCE
Achievements/Tasks Develop and monitor policies and procedures within general accepted accounting principles and corporate guidelines to ensure suficient cash flow, reduce operating costs, and increase revenues. Maintain general ledger structure, chart of accounts, policies and procedures to enable financial statement preparation and compliance with all required financial audits. Developed effective implementation of the organization's financial strategy, policies and processes in line with overall business objectives and growth plans. Assessment of total funds requirements for Operation, Project and debit at Group level, Group Financial Plan, project Finance - Short & Long Term, facility and its utilization, negotiation with the bank for funding of the project. Negotiation with bank for transfer of various bank loans to singe bank at competitive rate. Discussion and compilation of all requirement of bank for the Project funding Assessment of Financial viability of project and working capital management fund plan to support execution of project on time. Maintain external relationships with banks, auditors, and third party vendors. Daily monitoring of Fund position of Bank - Weekly project cash flow, Monthly Project Cost analysis Supervision and Guidance of Team towards correct and complete accounts. Budget Formulation and monthly monitoring for variance, MIS Developments Generated Quarterly and Annually Financial Management Report Co-coordinating with the Auditor for Statutory Audit, submission of Audit Report tot the bank on time Discussion with the auditor for setting up policy, internal control and monitoring for implementation, policies & other receivables and collection Quality Management Representative for TUV Nord & Leading Auditor for ISO 9001:2015