Head of Finance & Internal Control
Bank Bahrain & Kuwait-Kuwait
Total des années d'expérience :32 years, 1 Mois
Bank Bahrain & Kuwait-Kuwait (July2010-till present)
Finance Department - Head of Finance & Internal Control
• Assist the Executive Management in monitoring the branch strategy for implementation.
• Handle and manage all issues related to Budget & Strategy.
• Represent Bank's in Union of Kuwaiti Banks committee & ALCO.
• Handle and manage all CBK related issues (Reporting, Inspections, New regulations)
• Monitor compliance and efficiency of working procedures and control discrepancies with regard to other department task.
• Review and update policies and procedures related to areas under control.
• Acting as advisor to the business on all financial issues.
• Ensuring that all costs claimed are within budget and properly documented / signed off.
• Acting as liaison with External auditors & Head Office.
-Chairman of Suggestion Committee at the bank since August 2012.
-Train the trainers in Accounting and Finance .
• Ensuring that all governance and compliance issues are strictly adhered to • Handle and manage all Basel II-Standardized & Advanced approach required by the Group.
• Handle and manage all Financial Control Framework required by Emerging Market (EM)
• Handle and Manage Risk and control issues related to Finance (RCC)
• Managing Balance sheet review committee requirements (BSRC)
• Handle and manage all CBE related issues (Reporting, Inspections, and New regulations)
• Handle and manage all Flex cube (Core Banking System) related issues (Finance Requirements, Regulatory M/Is Requirements & Internal M/Is Requirements)
Managing the preparation of the Bank's Financial Statements
• Presentation of Financial results to OPCO (Operation Committee)
• Acting as advisor to the business on all financial issues
• COST CONTROL
• Ensuring that all costs claimed are within budget and properly documented / signed off • Managing the process of analyzing costs and monthly accruals and actively looking at cost saving opportunities
• Providing guidance to functions on costs related to new projects / initiatives
• Early identification of potential variances to budget to ensure that timely action is taken to prevent cost overruns.
FOREIGN REPORTING
• Handling all foreign reporting queries and the implementation of IFRS Providing Financial data in accordance with International Accounting Standards
• All adhoc Barclays Group/ region requirements.
AUDIT PROFILE
• Ensuring that all governance and compliance issues are strictly adhered to • Following up rectification of any audit exceptions
• Acting as liaison with auditors
• Acting Financial Controller in his absence.
• Handel and manage all CBE related issues (Reporting, Inspections, New regulations)
• Member in KYC management team.
• Flex cube Project Implementation manager within Finance Dept.
• Member in Flex cube steering committee, attended workshop in Dubai for 3 weeks to build in Finance Requirements, Regulatory M/Is Requirements & Internal M/Is Requirements
• Member in SAP steering committee, attended workshop in UK for a week to solve implementation issues.
• Member in Basel2 steering committee, attended workshop in UK for a week to handle BAU transition process.
• Finance representative in Annual General Meeting.
• Preparing all Financial Analyses used for decision-making & presented to external authorities (External Audit, Internal Audit, & the Central Bank of Egypt)
• Preparing Financial Statement in accordance with the international standards of accounting and abiding by the instructions of the Central Bank.
• Preparing estimated Budget.
o Comparing the actual versus budget for each department and /or center.
o Implementing Group Financial Reports (GFR) & SAP for the head office.
• Prepare and analyze peer competitor in banking sector.
• Preparing all data needed for international standards (Risk Assets Ratio, liquidity, position of currency. . . etc)
Awards within Finance Department
• Awarded the Eagle Award Q3 2003 (Bronze Barclays Bank -Egypt (6 Branches) for commitment, dedication & outstanding performance for the half year in Barclays Africa.
• Awarded Finance and Strategy Eagle Award Achiever Q4 2004 in recognition for commitment, dedication & outstanding performance in Barclays Africa
• Awarded Finance and Strategy Eagle Award Achiever Q3 2007 in recognition for commitment, dedication & outstanding performance in Barclays Bank.
• Awarded Cerificate of Appreciation Q2 2008 in recognition for effective contribution to the successful Flex cube Retail I implementation in Egypt.
Projects Managed within Finance Department
• Supervise and follow up Fixed Assets Register and Depreciation Automation.
• Supervise and follow up Cheques Payable Automation.
• Supervise and follow up Internal Account Operational Procedures Manual.
Managing Foreign Exchange cheques Collection .
Managing cheques collection.
• ACCA Certificate in International Financial Reporting-Cert. IFRS, UK in 2010.
• ACCA - Association of Chartered Certified Accountants, UK- Fundamentals certificate Dec.2009.
• Bachelor of Commerce Ain Shams University, Accounting Department, with a grade of "Good" 1990.
• Graduated from St George High School for boys in 1986