Senior Finance Manager
InfraRoad Trading & Contracting
Total des années d'expérience :24 années, 2 mois
• Handling the Cash Management of the company starting from the Project level.
• Monitor bank facilities, availabilities, and evaluate financial information to control any agreement conditions incorporated with Treasury Team.
• Apply IFRS standards in preparing the Financial Statements, especially IFRS 15 (revenue recognition) for construction including POC method.
• Interact with all departments in updating financial transactions, maintaining accurate account data, and reconciling various transactions to prepare Consolidated Financial Statements including subsidiaries and joint agreements.
• Prepare & present monthly and annual Financial Statements highlighting organizational financial health, profit and loss, and Projects Profitability.
• Provide top management with periodic reports and reports supporting their strategic and operation decisions.
• Support the F.D in preparing Budget and Business plan for the next three years.
• Supervise the Finance Team with IT Team to implement ERP System.
• Supervise the finance team of all Projects.
• Deal with internal and external auditors during the quarter and year-end reviews and audits.
• Prepare the reports required by the Tax Authority (withholding Tax, Contracting Tax, Income Tax, …)
• Using BI Dashboard reporting as automated process that captures and report on analyzed data.
• Start the process of reviewing the internal procedure and policies of the Finance Department
• Lead the team involved in preparing budgets and forecasts, and spearhead team efforts managing accounting functions for an organization engaged in the business of investment management, real estate and property development.
• Apply IFRS standards in preparing the Financial Statements, especially IFRS 15 (revenue recognition) for construction, and IFRS 9 (financial instruments) for holding company.
• Supervise the finance team of all the subsidiary companies of Qatar General Holding related to construction, manufacturing, real estate, and investment activities.
• Interact with all departments in updating financial transactions, maintaining accurate account data, and reconciling various transactions to prepare Consolidated Financial Statements
• Prepare & present monthly and annual Financial Statements highlighting organizational financial health, profit and loss, and trial balances.
• Provide top management with periodic reports, and reports supporting their strategic and operation decisions.
• Manage the loan and borrowing portfolio of the company (including reports, installments, interest rate calculation, etc.)
• Examine, alongside external consultants, the company’s strategic Assets Liabilities Management (ALM), and prepare the company’s projected cash flow for the short- and long-term period.
• Handle the investment in associate accounting and control through applying equity methods.
• Take part in accounting & finance team evaluating a new ERP system, to be implemented in the coming period.
• Prepare the reports required by the regulators (QCB, Tax Authority…)
• Deal with internal and external auditors during the quarter and year-end reviews and audits
• Monitor bank transactions and evaluate reconciliations; consolidating and evaluating financial information to control any agreement conditions. And evaluate risks related to finance and investment departments.
• Plot and match organizational financial and accounting activities with business process and internal control manuals for identifying and implementing various improvement initiatives.
• Apply the budget control process on any daily transaction, prepare the monthly variances reports for budget vs. actual, and raise the flag when required.
• Managed day to day financial aspects for a market leader in corrugated packaging solutions operating high-tech, high-speed corrugating, converting and printing lines and producing a huge selection of corrugated carton boxes, covering wide range of sizes and shapes
• Maintained updated and accurate customers, revenue, treasury and banking transactions in the finance department for a for Approved credit and clearance requests by evaluating financial health of clients and enhance credit control and collection
• Coordinated day to day activities related to day to day transactions, safe, customers’ accounts for effectively controlling the working capital
• Involved in evaluating monthly bank transactions, preparing monthly cash projection to align with bank facilities
• Participated with senior management in setting the company’s strategic plans and internal control system, procedure and operation control in compliance to the plan.
• Prepared and presented month-end closing reports to the senior management & other stakeholders to enable effective decision making
• Enhanced returns on investments by investing surplus cash with highest returns post management approval for generating additional funds
• Prepared manufacturing cost control system in coordination with Information System department to enhance the control and reporting system
• Negotiated fund requirement for accomplishing organizational business objectives with various financial institutions and banks
• Managed finance & accounting activities for one of the leading advertising companies in Syria and Arab countries, with head office in Dubai (joined venture with IPG (U.S.A))
• Developed MIS, Prepared & presented monthly closing report, variances analysis report, annual budget, quarterly review and monthly budgeted cash flow for the senior management
• Developed and implemented alternative solutions for optimizing liquidity levels and maintaining adequate cash flow to match up with organizational business objectives
• Built and maintained productive business relationship with banking and financial institutions for availing various banking and financial services
• Developed the accounting system by applying reporting system to support management performance in matching company objectives
• Managed finances of leading distribution and manufacturing Co. with 300 trucks and two soft drink factories in Lattakia and Damascus
• Spearheaded team efforts in implementing ERP Systems called "Compass", Including Financial, Budgeting, HR etc
• Assessed annual advertising budget and quarterly review in coordination with Pepsi
• Monitored the capital budget and ROI for each investment
• Maintained and controlled Account and Financial information of the company branches with Chief Accountant
• Focused on financial analysis and implementation of internal controls for a leading distribution company for “Procter & Gamble and Bel” Companies.
• Interacted with P&G Levant to maintain Internal Control for Joud in aligning with P&G’s system. Liaised with external P&G Auditors in 2005 for reviewing Joud system
• Prepared & presented various reports for forecasted projects, including projected income statement and Cash Flow for Bel project for maintaining project profitability
• Developed the Financial Analysis systems in the company
Ganama Group was the agency of ELF Group in Syria
Working with ELF Staff "Dubai" by providing them with a periodicaly report, including expected Financial Statement. Preparing Reports about the Expected Situation of the Company in the Short Term including Budgeted Cash Flow, Budgeted Income Statement. Addition to developing the internal procedure
FAL Group is an investing Co. Interesting in attractive investments, so we were doing investment analysis reports addition to our internal Audit jobs
Prepare the Internal Audit Plan for Each Company in FAL Group, including the preparation of the necessary Systems for each Company to develop the Internal Policy and reporting, comparing the Actual Procedure against the Company policies to analyze the differences.
Additional to the Financial studies for each company including periodic comparison and Budget Comparison
Sales, installation and service of the electric power generation and distribution system. Representative an English brand called “Delta” additional to their brand “Eletra”. Macca station to generate electricity was one of their projects
Prepare the monthly MIS in coordination with Department Heads & Department Managers, and Provide Timely Financial reporting.
Leading the A/R Department who Develop the programs for Customers, Control Credit period & Limits, Customers Reconciliation and Monthly Aging Report Study, Bad Debts, Fix an effective system for Collection.
Monitor the Treasury Department Work Including "Collections, Bank Transfer, Payments, L/C, L/G, and Bank Facilities and Charges".
Participate in applying a new ERP Accounting System (Navision Financial)
Participate in preparation for 1SO 9001 Certificates and Ensure that all procedures in the company are documented and properly implemented.
FMVA Certificate issued by CFI Financial Modeling & Valuation Analyst
CertIFRs Certificate issued by ACCA
Preparing for ACCA Certificate "finish 10 out of 14 papers"
IFRS Diploma
CMA "Certificate of Management Accountant", Proffesional Certificate
I was the first in my Class in 1999