Group CFO
Al-Esayiah Holding Company
Total years of experience :23 years, 1 Months
Direct finance team, encompassing controllership, Business Operations, Decision Support, Financial Planning & Analysis, Resource Management, (Collating, preparing and interpreting reports, budgets, accounts, Trail balance and financial statements), Business systems and IT team, Legal team, implement and setup Oracle account system.
Highly accomplished, result-driven (meeting objectives, delivering to the required time, cost and quality, and holds performance to be more important than procedures), senior accounting and financial management executive with more than 12 years of progressive experience in finance and operations management within start-up and millions dollar organizations, demonstrated ability to streamline business operations (Improvement the efficiency of a process, business by simplifying or eliminating unnecessary steps) that drive growth and increase efficiency and bottom-line profit, experience in developing and implementation financial controls and processes in addition to productivity improvements, (Ability to compile, verify, analyze, interpret and disseminate financial data (actual, forecast and budgeted)), skilled at learning new concepts quickly, working well under pressure, and communicating ideas clearly and effectively, communication and interpersonal skills to establish rapport with all levels of staff and management.
Accounting & Financial Management
Controllership & Decision Support
Business Planning & Analysis
Preparing and Analysing Financial and Accounting policy and procedures.
Performance Measurement
Operations Efficiencies.
Financial Analysis & Reporting
Resource Management
Direct finance team (9 employees: 1 Chief Accountant, 3 Accountant-receivable, 2 Accountant-payable, 1 Accountant-cash and bank, 1 Chief Accountant-payroll and 1 Accountant-payroll) with more than 4000 labor under our sponsorship, encompassing controllership, Business Operations, Decision Support, Financial Planning & Analysis, Resource Management, (Collating, preparing and interpreting reports, budgets, accounts, Trail balance and financial statements), Business systems and IT team, Legal team
Selected Achievement
Increased revenue by 10% through reduced and minimize expenses without parallel the operations.
Saved SR 13 million through an efficient cash management and budgeting systems for 2 years with total 26 million.
Designed an effectiveness and sufficient ERP accounting system - Oracle as team leader of this project
Established and implemented an efficient Accounting Policies and Procedures.
• Evaluating and analyzing the internal control and accounting procedures to definition the risk side
• Preparing audit program
• Preparing the financial statement according to (IAS) International Accounting Standard
• Preparing income statement
• Preparing cash flow statement
• Management letters with recommendations
• Preparing the accounting reconciliation
• Following and making the work plan for employees
The following companies and tasks have been achieved worthily in my experience.
• Investement Industry and Companies
- Kabbani for Decoration and Contracting.
- Kabbani for Electrical Trading.
- Kabbani association for Trading.
- Medad for Real Estate Co.
- Bemco. Arabian Contracting.
Audit senior, complete the most important field work (Cash, receivable, other current receivable, fixed assets, payable, other payable, ...etc), preparing the management letters, financial statement, (SRM) Summary Review of Memorandom. (on year- final audit).
• Evaluating and analyzing the internal control and accounting procedures to definition the risk side
• Preparing audit program
• Preparing the financial statement according to (IAS) International Accounting Standard
• Preparing income statement
• Preparing cash flow statement
• Management letters with recommendations
• Preparing (SOE) Summary Of Expenditures according to expenses categories
• Preparing the accounting reconciliation
• Following and making the work plan for employees
The following companies and tasks have been achieved worthily in my experience.
• Investement Industry and Companies
- Al- Lawzi Group
Audit senior, complete the most important field work (Cash, receivable, other current receivable, fixed assets, payable, other payable, ...etc), preparing the management letters, financial statement, (SRM) Summary Review of Memorandom. (on year- final audit)
Special consultation;
• Al- Lawzi Group
• Evaluating and analyzing the internal control and accounting procedures to definition the risk side
• Prepare the following:
- Flow chart
- Documents cycle
- Chart of account
- Documents model
• Sabco for trading and Agencies
• Evaluating and analyzing the internal control and accounting procedures to definition the risk side
• Prepare the following:
- Flow chart
- Documents cycle
- Chart of account
- Documents model
• Canadian Nexen Petroleum East Al-Hajr "Block- 51" and,
• Canadian Nexen Petroleum Yemen "Block- 14"
- Audit Senior, Follow and complete the most important field work for special porpose audit (one year audit):
- Calculate the revenue
- Ensure the company work and calculate as per the (PSA) Production Share Agreement
- Recalculate the Government share of profit oil
- Recalculate the contractors share of cost oil and profit oil
· Evaluating and analyzing the internal control and accounting proc's to definition the risk side
· Preparing audit program
· Preparing the financial statement according to (IAS) International Accounting Standard
· Management letters with recommendations
· Preparing (SOE) Summary Of Expenditures
- Checking and Covering several kind of accounts (Cash/bank, receivable, investment, affiliates, payable, loans, revenue, sharecapital, expenses, ….etc)
- Passing and Posting the entries
- Bank reconciliation
- Preparing payroll
- Preparing the monthly trail balance
- Preparing the adjustment entries
- Submitting all other reports (aging, bank, creditors and debetors’ confirmations, sales reports, production, ….etc)
- installing and evaluating the cash and stock system and reporting the observations
- Handling and reviewing all registers (fixed assets, capital and shareholders, ….etc)
- Financial statment analyzing
The following companies and tasks have been achieved worthily in my experience.
- Central Bank of Yemen
- Credit Agricultural Cooperation Bank
- MB Petroleum Services (Yemen Branch)
- Yemeni Company for Heavy Transport
- Zhongyuan Petroleum Exploration Bureau (Yemen Branch)
- Yemen Logistics and Supply Company Ltd
- Marib Yeman Insurance Co.
- (EC) European Commission
- (SFD) Social Fund Development
- (FSP) Food Security Project
- (WB) World Bank Project
- (SASP) seeds Agricaltural Esrvice Projcet
- (BEEP) Basic Education Expansion Project
- (ESIP) Education Sector Investement Project
- (UNDP) United Nation Development Projcet:
- (EPP) Environment Protaction Project
- Yemani Company for Cement Silos
- Arabian Tyres Establishment
- Aden Silos and Mills
- Tahama Sacks Manufacturing Co.
- Aden Cement Enterprise
- Gulf Agency Company (Yemen Limited)
- Rada’a Water Project
- Lion and Jambia Club
- Yemen Kwaiti Real Estate
· Prepare Inventory register
· Prepare Inventory items slip/receipt
· Passing and posting entries to system
· Prepare a monthly movement reports
· Prepare the adjustment entries
Joining AICPA, Part 1 Financial and Accounting Report (FAR), this part including The Financial and Accounting reporting including overview of IAS and IFRS reversing GAAP. Time of exam will be May, 2014
Yemen Association Of Certified Public Accountant (YACPA) is a professional certification for the professional auditor.
Bachelor in audit and accounting from 1997-2001 In my study years, Istudied many of kind of accounts book for example: - Financial account - Account of Administrative - Tax account - Cost account - Financial Administration - Analyzing account - Oil and Petroleum account -Account theory -Govermental account -Account for partnerships -Accounting study