Osman Ali Osman Ali, Finance Manager

Osman Ali Osman Ali

Finance Manager

BOLT GENERAL TRADING LLC

Lieu
Émirats Arabes Unis - Dubaï
Éducation
Baccalauréat, Bachelor's Degree , Accounting And Business Management,
Expérience
21 years, 1 Mois

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Expériences professionnelles

Total des années d'expérience :21 years, 1 Mois

Finance Manager à BOLT GENERAL TRADING LLC
  • Émirats Arabes Unis - Dubaï
  • Je travaille ici depuis août 2022

As a Finance Manager at Bolt General Trading, I led financial operations and strategy to drive business growth and optimize financial performance. Over my tenure, I successfully oversaw various critical functions and achieved significant accomplishments:
• Financial Planning and Analysis: Spearheaded budgeting, forecasting, and financial analysis processes, resulting in a 15% improvement in accuracy and a 10% reduction in cost variances.
• Cash Flow Management: Implemented streamlined cash flow monitoring mechanisms, reducing outstanding receivables by 20% and improving working capital efficiency.
• Financial Reporting: Produced timely, accurate, and insightful financial reports for senior management and stakeholders. Enhanced reporting templates, leading to clearer visualization of key financial metrics and facilitating data-driven decision-making.
• Team Leadership: Managed a team of four finance professionals, fostering a collaborative and high-performance work environment. Conducted regular training sessions to enhance team members financial acumen and professional development.
• ERP Implementation: Led successful implementation of an enterprise resource planning (ERP) system, streamlining financial processes and enhancing data accuracy. Trained staff on system usage, resulting in a 30% reduction in manual data entry errors.

Finance Manager à Elite Innovative Health Services FZLLC
  • Émirats Arabes Unis - Dubaï
  • Je travaille ici depuis juin 2022

As Finance Director at Elite Innovative Health Services FZLLC, Ive driven financial success through:
• Strategic financial planning, achieving 20% annual revenue growth.
• Advanced financial analysis for informed decision-making.
• Cost-saving initiatives, reducing overheads by 15%.
• Successful acquisition, expanding customer base by 30%.

Internal Auditor à LOOTAH BIOFUEL
  • Émirats Arabes Unis - Dubaï
  • octobre 2021 à juin 2022

As an Internal Auditor at LOOTAH BIOFUEL, I ensured financial and operational integrity through:
• Conducting risk assessments and tailored audit plans.
• Enhancing internal controls, reducing deficiencies by 20%.
• Ensuring compliance with regulations and policies.
• Utilizing data analytics for financial analysis and fraud detection.
• Presenting clear audit reports to management.
• Championing audit automation, reducing manual efforts by 30%.
• Providing training on internal controls and fraud prevention.
• Collaborating cross-functionally for insights and understanding.
• Continuing professional development to stay updated.

Finance Manager à IAS LOOTAH CONTRACTING LLC
  • Émirats Arabes Unis - Dubaï
  • mai 2017 à septembre 2021

As Finance Manager at IAS LOOTAH CONTRACTING, Ive driven financial health and strategy. Highlights include:
• Strategic planning for 15% annual revenue growth.
• Accurate financial reporting and analysis for improved profitability.
• Efficient cash flow management, reducing cycle time by 20%.
• Effective project budgeting and compliance, leading to zero findings in audits.
• Mentored a team of five, fostering growth and collaboration.
• Negotiated contracts for 12% cost savings.
• Led successful acquisition, expanding market share by 25%.
• Implemented ERP system, reducing errors by 30%.
• Communicated with stakeholders transparently, building trust.
• Adapted strategies to industry changes, ensuring sustained success.

Deputy Finance Manager à SAEED AHMED LOOTAH & SONS GROUP PSC
  • Émirats Arabes Unis - Dubaï
  • mai 2015 à avril 2017

In my role as Deputy Finance Manager at SAEED AHMED LOOTAH & SONS GROUP PSC, Ive been instrumental in overseeing financial operations and strategic planning, contributing to the organizations stability and growth:
• Assisted in managing financial health, budgeting, and reporting processes.
• Conducted in-depth financial analysis and produced comprehensive reports.
• Supported team leadership and professional development initiatives.
• Managed cash flow and optimized liquidity.
• Coordinated external audits and ensured compliance with regulations.
• Contributed to cost control efforts, achieving a 10% reduction in costs.
• Provided financial oversight for projects and utilized ERP systems.
• Facilitated stakeholder communication and strategic planning discussions.
• Stayed updated with financial regulations and industry best practices.

Accounts Manager à AL JAWHARA HOTELS
  • Émirats Arabes Unis - Dubaï
  • novembre 2012 à décembre 2015

As Accounts Manager at Al Jawhara Hotels, Ive led financial operations and contributed to growth by:
• Managing day-to-day finances, ensuring compliance.
• Producing accurate financial reports and analysis.
• Leading budgeting and forecasting processes.
• Implementing effective cash flow management.
• Initiating cost control measures, reducing expenses by 10%.
• Establishing strong internal controls and compliance.
• Leading a high-performance accounting team.
• Managing vendor relationships and improving payment cycles.
• Coordinating successful annual financial audits.
• Implementing a new financial management system, reducing errors by 25%.
• Optimizing revenue generation strategies.
• Communicating financial insights to stakeholders.
• Pursuing continuous professional development.

Accounts Manager à S S LOOTAH CONTRACTING LLC
  • Émirats Arabes Unis - Dubaï
  • mai 2007 à novembre 2014

As the Accounts Manager at S.S. Lootah Contracting LLC, I oversee financial operations, ensuring accuracy and transparency. Key contributions include:
• Implemented rigorous financial controls and procedures to enhance accuracy and mitigate risks.
• Streamlined the accounts payable and receivable processes, resulting in improved cash flow management.
• Developed comprehensive financial reporting mechanisms, providing stakeholders with timely and insightful data for decision-making.
• Led successful audits by external parties, ensuring compliance with regulatory requirements and industry standards.
• Implemented cost-saving measures across various departments, contributing to enhanced profitability.
• Spearheaded the transition to digital accounting systems, increasing efficiency and reducing manual errors.
• Provided strategic financial analysis and recommendations to support business growth and expansion initiatives.
• Conducted regular financial reviews and forecasting, enabling proactive financial planning and resource allocation.
• Fostered a culture of transparency and accountability within the finance team, promoting collaboration and excellence.
• Established strong relationships with banks and financial institutions, securing favorable terms for loans and credit facilities.

Auditor à EMAD FATHI FOR FINANCIAL CONSULTING & TAX OFFICE
  • Egypte - Le Caire
  • octobre 2004 à mars 2007

As an Auditor at Emad Fathi for Financial Consulting & Tax Office, Ive played a crucial role in ensuring the accuracy, integrity, and compliance of financial records for a diverse range of clients. Key contributions include:

• Audit Planning and Execution: Led and participated in planning, executing, and supervising financial audits across various industries. Developed tailored audit programs and risk assessment frameworks.
• Financial Analysis and Evaluation: Conducted thorough financial analysis to evaluate the effectiveness of internal controls, financial performance, and areas for improvement. Presented findings and recommendations to client management.
•Regulatory Compliance: Ensured clients' adherence to accounting standards and industry regulations by conducting audits by IFRS and GAAP.
• Risk Management and Fraud Prevention: Implemented procedures to identify and mitigate fraud risks, resulting in early detection of irregularities.
• Team Leadership and Development: Provided guidance and training to junior auditors, fostering collaboration and skill development within audit teams.

• Audit Reporting and Communication: Prepared detailed audit reports, effectively communicating findings, risks, and recommendations to clients to promote transparency and understanding.

Junior Accountant à EGYPTIAN SAUDI COMPANY FOR SOFTWARE (MAS)
  • Egypte - Le Caire
  • mai 2003 à septembre 2004

Responsibilities:
• Maintain accurate financial records.
• Assist in budget preparation and monitoring.
• Prepare financial reports for management.
• Ensure tax compliance.
• Support internal and external audits.
• Manage cash flow activities.
• Coordinate with vendors for payments.
• Conduct financial analysis.
• Implement process improvements.
• Collaborate with cross-functional teams.

Your gracious assistance and support are greatly appreciated.

.

Éducation

Baccalauréat, Bachelor's Degree , Accounting And Business Management,
  • à Helwan university
  • mai 2003

Specialties & Skills

BUDGETING
ACCOUNTING
CASH FLOW MANAGEMENT
COLLABORATION
FINANCIAL ANALYSIS
LEADERSHIP
MANAGEMENT
FORECASTING
FINANCIAL PLANNING
MFG/PRO (ERP)
Auditing
Finance
Administration
Financial Reporting

Langues

Arabe
Langue Maternelle
Anglais
Expert

Formation et Diplômes

Preparation Of Financial Statments Based On GAAP (Formation)
Institut de formation:
3 FOLD Education Center
Date de la formation:
September 2016
Durée:
2 heures
Zero Budget Workshop - Department of Economic Department of RAK (Formation)
Institut de formation:
Department of Economic Department of RAK
Date de la formation:
February 2019
Durée:
6 heures
Anti-Fraud & Anti-Corruption Strategy (Formation)
Institut de formation:
open thinking Institiution
FRS for (SMEs) Workshop - (ASCA) & Dubai SME & IFRS Foundation (Formation)
Institut de formation:
Arab Society Certificate Accountants

Loisirs

  • "My hobby is playing chess and reading."
    "One of my favorite hobbies is playing chess. I find the strategic depth and intellectual challenge of the game incredibly stimulating. In addition to chess, I'm an avid reader. I find great joy in exploring various genres, from fiction to non-fiction, fantasy to science fiction.