Anass Soualhi, Senior financial controller

Anass Soualhi

Senior financial controller

Maggadit

Location
United Arab Emirates - Dubai
Education
Master's degree, Finance & Accounting
Experience
9 years, 5 Months

Share My Profile

Block User


Work Experience

Total years of experience :9 years, 5 Months

Senior financial controller at Maggadit
  • United Arab Emirates - Dubai
  • My current job since December 2022

A Leading company in Manufacturing food products

My Mission is to build and lead all the finance department, starting by setting up a structure of the organization and the work process in SAP B1, by implementing all the financial input/outputs of the P&L and BS in all the process of the production of the goods, from raw material until the sale of the finished goods, with a responsibility of determining the cost of the goods sold, controlling the profitability and advising for potential new strategies, my responsibilities can be listed as follows :


1. Financial Strategy: Develop and execute financial strategies aligned with the company's long-term goals, ensuring financial sustainability and growth within the food production industry.

2. Budgeting and Forecasting: Oversee the preparation of annual budgets, periodic forecasts, and financial projections, providing accurate and timely financial information to guide strategic planning.

3. Cost Accounting: Analyze production costs, track cost variances, and implement cost-saving initiatives to improve operational efficiency and maximize profitability.

4. Financial Reporting: Prepare and present comprehensive financial reports, including income statements, balance sheets, cash flow statements, and other relevant financial metrics, to the executive team and stakeholders.

5. Compliance and Risk Management: Ensure compliance with financial regulations, accounting principles, and internal controls, while proactively identifying and mitigating financial risks.

6. Capital Investment Analysis: Evaluate potential capital investments (new factories) and expansion projects, conducting thorough financial analyses to assess their viability and return on investment.

7. Team Leadership: Lead and develop a high-performing finance team, fostering a culture of collaboration, continuous learning, and professional growth.

8. Financial Insights: Provide actionable insights and recommendations to the executive team based on financial analysis, performance metrics, and industry trends to support strategic decision-making.

9. Auditing and Taxation: Coordinate with internal and external auditors to facilitate audits and maintain compliance with tax regulations.

10. Process Improvement: Identify opportunities to enhance financial processes, systems, and reporting to drive efficiency and accuracy within the finance department.

Financial Controller at Egis
  • United Arab Emirates - Dubai
  • January 2021 to December 2022

Egis is a leading global consulting, construction engineering and operating firm

I held the position of Financial controller for Middle East and North Africa projects :
Handling Finance & Accounting activities for 6 entities of Egis middle east and north africa, including rail projects (UAE : Etihad rail train - Bahrein : Manama Tram - Egypt: Alexandria tram and Cairo Metro - Morocco : Casablanca and Rabat trams) and Urban, water, building, energy projects in Uae Bahrein, Kuwait and Oman.
Missions :
• Financial closing (budgetary control, P&L, Balance Sheet and Cash Flow)
• Budget and Forecast preparation and control
• Control of the accounting & closings
• Monthly Project monitoring, area/entity project reviews and performance analysis
• Monitor and update the necessary reportings and presentations for the projects
• Assess the differences between the results and the objectives set
• Assess the relevance of indicators and activity/project monitoring procedures
• Identifying areas for improvement and plans/executes in collaboration with the project directors
• Ensure the implementation of internal control rules and the consolidation of reporting to the Group
• Coordinating audit processes (internal and external) for all the entities mentioned
• Ensuring on time and accuracy of payroll processing

Financial Controller at Majid Al Futtaim - Carrefour
  • United Arab Emirates - Dubai
  • December 2019 to January 2021

Majid Al Futtaim is the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia.

I had the chance to occupy a position of Business/Financial Controller at Majid Al Futtaim retail - Carrefour :

• Monthly financial closing (budgetary control, P&L, Balance Sheet and Cash Flow)
• Monthly forecast preparation
• Budget preparation and control
• Periodical Physical stock of Financial stock take
• Store performance analysis by Department/Section and by cost center.
• Presentations and reports for stakeholders periodically (and as when required)
• Evaluating and managing risks in line with company governance
• Coordinating audit processes (internal and external)
• Monitoring internal control and ensuring operation processes Compliance to MAFR DOA and P&P
• Providing inputs on /assists in implementation of cost Optimization measures for the stores
• Ensuring store’s operations (i.e. receiving, CCO, waste, returns, etc.) alignment with MAFR P&P
• Review of all CAPEX procurement requests and Monitoring CAPEX inventory
• Review of all required service and goods procurement requests
• Ensuring on time and accuracy of payroll processing
• Identifying areas for improvement and plans/executes in collaboration with Store stakeholders
• Performing audits on CCO to minimize cash flow risks, and preparing corrective actions and proposals for improvement
• Managing Team of 11-12 people

Financial Controller at Colliers International
  • Morocco - Casablanca
  • August 2016 to December 2019

Colliers is a leading diversified professional services and investment management company.
I held a position of Financial Controller, and my main responsibilities can be listed as follows :

Month end closing activities
Financial and Business reporting
Planning, Forecast and budget activities, Manufacturing Spending Variances and Inventory
Reporting and Variance analysis
Enhancement of performance measurement system and Reporting
Close cooperation with Operations team and management to improve operational efficiency

Accounting and auditing Consultant at ML Experts
  • Morocco - Casablanca
  • January 2015 to August 2016

Accounting and Auditing

Education

Master's degree, Finance & Accounting
  • at National School of Commerce and Management of SETTAT
  • September 2015

Specialties & Skills

Analysis
Cost Control
Forecasting
Monthly Closing
Budgeting
Microsoft Office
SAP BO (Business Objectives)
SAP B1 (Business One)
Cartesis

Languages

French
Native Speaker
Arabic
Native Speaker
Italian
Native Speaker
Spanish
Intermediate
English
Expert

Training and Certifications

Understanding Einstein: The Special Theory of Relativity (Certificate)
Date Attended:
February 2018
Create and develop technological startup (Certificate)
Date Attended:
June 2015

Hobbies

  • Alpinism
    Reached Toubkal Summit (4 167m)
  • Travelling