Chief Financial Officer CFO
Tawazun Precision Industries
Total des années d'expérience :22 years, 6 Mois
A subsidiary of EDGE Group, Abu Dhabi, UAE, Precision Engineering (Manufacturing) to Aerospace, Defense and Oil & Gas industries, October 2020 - Present
• Oversee and Lead the Finance, Hr., It, and Procurement Departments.
• Actively engage with key stake holders such Airbus, Stelia and Boeing and other major customers.
• Collected old outstanding receivables.
• Implement strong financial controls to ensure the reliability of financials data and enabled effective budget.
• Improved data accuracy by integrating systems and covering the full aspects of the company
Sectors: Holding Company experience, Aviation & Aerospace, Air navigation, construction and engineering, education and training, entertainment and Media, healthcare, information and communication (ICT), December 2012 - July 2020.
• Cluster Finance Director:
o Spearhead and direct a high-performing centralized finance team serving 17 companies which resulted in AED 20M savings, overseeing an impressive annual turnover of AED 3.7 billion.
o Led financial strategy and for dynamic start up, driving growth, and optimizing financial performance
o Collaborated and communicated effectively with key stakeholders, including top-level executives such as GCEO, GCFO, Managing Directors, CEO's, Directors of the Boards, and Cluster Managing Directors.
• Finance Director, GAL ANS Aerospace:
o Successful in collecting a large outstanding amount AED 300M from GHQ.
o Played a pivot role as CFO in analyzing and signing a AED 2B contract, ensuring financial viability, risk mitigation and favorable terms for company
• Group Finance Director:
o Exhibited exceptional financial acumen and strategic insight while overseeing established operations and actively contributing to impactful mergers and acquisitions, startups, and restructuring endeavors.
• CFO, GAL Aerospace Logistics:
o Steered financial operations of a prominent subsidiary within GAL Aerospace Logistics, successfully managing an impressive annual turnover of AED 2 billion.
o Negotiated and signed a 5B AED contract
• Successfully established the international division from inception and directed financial activities, and budgeting.
• Provided strategical financial guidance to BOD in areas to expand.
Company Industry: Hospitality; International Restaurants (Burger King, Fuddruckers, Papa John’s), Investments & Real-estate. Responsible for the financial health of the organization, directed financial activities of the organization, directed the preparation of financial statements, forecasts, budgets, cash flow, & business plan, advised management of correct operational adjustments based on changes in law, tax code & IFRS and manage and control the tight cash flow.
• As Vice President of Finance at Jordinvest Company, managed a great portfolio in different sectors such as holding company, investment banking, construction, education and training, energy and utilities, entertainment and media, food and beverage, healthcare, and information and communication (ICT).
• Report directly to CEO and Board of Directors and represented the company as board representative.
• Led the financial planning and execution of successful acquisition within food &beverage industry and brokerage company.
• Implemented effective cost optimization measures, resulting in significant savings of USD 3 million.
• Implemented a proactive financial strategy to support the company’s expansion through increasing company Equity.
• Successful launch and early stage management of a dynamic startup.
A member of the team leading the implementation of Oracle E-Business Suite (Financial Accounting System Program) for the water sector in Jordan (Multi-site Project)
o Handled and managed the financial modules and assisted in applying accounting procedures for other sub modules to comply with IFRS.
o Various technical and managerial tasks and responsibilities related to ERP Core line of business.
o Performed business process reengineering (shifting accounting business from modified cash basis of accounting into full accrual basis, reorganized & restructured the Financial Department in Northern Govern-ate to assure the sustainability of the to-be implemented accounting software.
o Performed business process mapping, design, and re-design.
o Conducted seminars, familiarity sessions, awareness lessons, workshops, CRP and presentations for the client’s end users.
o Designed a process for Monthly End Closing parent company and its subsidiaries.
o Coding the Chart of Accounts which includes the Natural Account, Cost Center, and Budget that complies with accrual accounting, and cash accounting to meet Ministry Of Finance Requirements
Prepared Financial Statements, budgets, maintaining healthy cash flows, dealing with external auditors, banks, loans and income & sales tax consultants, managed preparing the segmentation of chart of accounts and emphasized on profit centers.
accounting