Financial Manager
A.R.Jubaili & Co. Generators Lebanon
مجموع سنوات الخبرة :23 years, 9 أشهر
CEO - Private Business
Group Financial Manager
Responsible for the consolidated financial statements of the group (Minority interest calculations and intercompany accounts eliminations).
Conducting business plans for the group, projecting financial statements.
Preparing feasibility studies and business plans for several projected projects like (ADSL Project and Bahrain Mobi Tender)
Conducting feasibility studies and Capital Budgeting that include project valuations (Payback period, Discounted payback period NPV, IRR, MIRR).
Assessing risks for projects according to WACC and CAPM.
Conducting risk analysis for projects (Sensitivity, and Scenario analysis).
Evaluating ADSL project according the abandonment option of leasing the ADSL centrals if things go bad, building the decision tree and calculating the expected NPV and standard deviation before and after abandonment.
Full financial studies for CH capital increase by certain shareholders, allocation capital increase properly among shareholders according to the company valuation.
Structuring the takeover bid by CH for an ISP, full merging and acquisition studies with different scenarios (Share swap, debt capitalization, capital increase …), after proper valuation study.
Proper debt portfolio management (Overdrafts, BDL Loans).
Cost cutting related to bank charges, bank interest, tax saving, foreign currency exchange savings.
Determining the optimal capital structure of the group and minimum WACC (optimal % of a mix between debt and equity), assessing business risk and financial risk
Establishing the dividend policy of the group, setting the target payout ratio for a period of 5 years.
All below tasks have been also exercised in Cedarcom Holding.
Jun 2004 - Dec 2006 Sehnaoui Plant Holding Beirut - Lebanon
Construction equipments and spare parts turnover in millions of USD
Chief Accountant & Financial Controller
Applied accounting in conformity with General Accepted Accounting Principles (GAAP)
Managed & controlled (Cash & Banks, Inventory, Receivables, Fixed assets, Payables, Long term loans, Stock holders' equity, Revenues, & expenses).
Issued monthly financial statements and reports (Balance sheet, Profit & loss, Cash flow, Stock holders' Equity).
Prepared and monitored budgets with variance analysis calculations.
Modified accounting data & performance measurement as a basis to improve operating performance and Cash flows (EBITDA, EBIT, EBT, EPS, DPS, BVPS, CFPS, NOWC, OC, NOPAT, Net cash flow, OCF, FCF EVA) and policies to enhance and improve above indicators.
Prepared analysis of the financial statements, Ratio analysis (Liquidity, Asset management, Debt management, Profitability) and compared to industry ratios, in order to maximize the value of the corporation and take advantage of the firm's strengths and correct its weaknesses.
Assessed whether the firm's anticipated performance is in line with the firm's own general targets and with expectations. Used to make financial planning and forecasting, long run business plans (Sales forecast, forecasting income statements & balance sheet, using best ways to raise the additional funds needed, forecasting free cash flow).
In order to manage current assets and decrease money invested in working capital, I used to manage receivables, prepare monthly aging schedule and following customers, plus using effective methods to decrease the cash conversion cycle, and preparing with monitoring the cash budget for the company.
For managing our long term debts, I determined the market interest rates in Lebanon (KRF, DRP, LP, MRP), and by this put strategies to restructure our long term debts.
In dealing with our notes receivables, the time value concepts have been applied properly.
To decrease unfavorable actions, played an important role in designing and improving the internal control structure of the company.
Managed the payroll system with CNSS and Wages tax calculation for a staff of 30 employees.
Supervised and supported staff of 3 accountants.
Prepared Lebanese official declarations (NSSF, Wages tax, VAT).
Jan 2000 - May 2004 Saudi Cable Company Beirut - Lebanon
Electrical contracting works & hardware turnover in millions of USD
Chief Accountant
Prepared day to day journal entries (JV, PV, RV …).
Prepared adjusting entries & provisions (prepaid expenses, accruals, bad debts, depreciations).
Inventory system control in and out items booking.
Monthly bank reconciliation.
Prepared monthly financial statements (Balance sheet, Profit & loss, Cash flow, Stock holders' equity).
Applied the percentage of completion method for accounting of the project.
Assisted in preparing claims of the project.
Involved in tender costing and feasibility studies for projected projects.