Group CFO
Babirus Medical Group
Total years of experience :25 years, 2 Months
With Headquartered in Dubai, UAE, the company is focused on marketing a portfolio of leading global healthcare brands and best-in class diagnostic products in three key areas: Molecular diagnostics, personalized medicine, and immunodiagnostics. Specialists in improve patient outcomes is through a continuous program of medical education and training as well as offering ongoing scientific support from our highly qualified team.
•Highly qualified team of product and technical specialists and support staff
•Market leading and technologically innovative products from global healthcare companies
•Unrivalled customer service
•On demand online or onsite technical and after sales support response
•Partnering with key healthcare providers across MENA
" U.A.E - Egypt - Sudan - Lebanon - Palestine - Jordan - K.S.A " National Paints Group - LLC AL Sayegh Group - Holding Sayegh Group, "National Paints "established in 1932, is a leading multinational conglomerate of companies and investments spreading across the Arab World, Eastern and Western Europe and Asia. The Group's core business lies in the production, distribution and export of paints whereby it owns fourteen paint and three resin plants worldwide. Sayegh Group has invested in a wide range of products, services and supportive industries such as chemical engineering industries, cookware, mining, real estate, as well as media and banking. Today, Sayegh Group comprises of 35 companies and led by over 5000 dedicated employees. Investments Areas: Chemical industries banking Media services Mining Real Estate Engineering industries
Arcelor Mittal Total Distribution Solutions. . CCE. ArcelorMittal is the world's leading steel and mining company. Guided by a philosophy to produce safe, sustainable steel, it is the leading supplier of quality steel products in all major markets including automotive, construction, household appliances and packaging. ArcelorMittal is present in more than 60 countries and has an industrial footprint in over 20 countries Services in Egypt: Laser cutting, punching machine, presses, traditional bending, TIG/MIG steel/ aluminium/ stainless steel welding, powder coating and assembly ROLES AND RESPONSIBILITIES:
➢Organize the internal regime of the corporation, use the corporation seal, issue correspondence, and oversee that the accounting is up to date.
➢Issue certificates regarding the content of the GSM or Board sessions minutes, books of accounts or corporation records.
➢Submit the projects for annual reports and financial statements, annual budgets, work programs and other activities to the Board of Directors for approval.
➢Execute the Business Plan approved by the Board and propose amendments to such Plan.
➢Prepare and execute the budget approved by the Board of Directors and propose amendments to such budget.
➢Assign the investment of available funds which are not necessary for the immediate company operations.
➢Direct accounting processes, overseeing the compliance of applicable legal regulations.
➢Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters.
➢Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits
➢Oversee the production of monthly reports including reconciliations with funders and pension plan requirements, as well as financial statements and cash flow projections for use by Executive management, as well as the Audit/Finance Committee and Board of Directors.
➢Assist in the design, implementation, and timely calculations of wage incentives, commissions, and salaries for the staff.
➢Oversee Accounts Payable and Accounts Receivable and ensure a disaster recovery plan is in place.
➢Oversee business insurance plans and health care coverage analysis.
➢Oversee the maintenance of the inventory of all fixed assets
TUV Rheinland Saudi Arabia (TURA) LLC. A Limited liability Company established in the Kingdom of Saudi Arabia and a branch of TUV Rhineland Group based in Germany. TÜV Rheinland Group is a leading group for the provision of technical services worldwide. It has over 490 locations in 61 countries on all five continents. With a workforce of more than 13, 300, it achieves turnover of approx. € 1.1 billion in 2008. The guiding principle in the Group is sustainable development of safety and quality standards. TÜV Rheinland is over 135 years old and its headquarters are in Cologne, Germany. TURA is an ISO quality insurance service provider company. In the Kingdom the company has its offices in Riyadh, Jeddah and Al Khobar. It also proposes to have more outlets and greater reach to other parts of the kingdom in due course.
Cigalah Group part of Yousef M.A Al Naghi& Sons. The group is jointly managed by Yousuf M.A.Naghi's four sons, Mohamed, Yaser, Saleh and Ammar, all of whom who use the best of the company's longstanding experience, management and marketing skills, financial strength and local expertise to continue to build the business not only in Saudi Arabia but also in the Middle East. The group has diversified its activities into the Service, Catering, Transportation and Manufacturing sectors. With its headquarters in Jeddah, the group operates throughout the kingdom of Saudi Arabia with a comprehensive network of offices, warehouses and showrooms as well as active companies in the UAE and Egypt. In terms of market sectors the company is involved in the following:
•Automotive, from Luxury Cars to Commercial Vehicles & Buses
•Consumer Goods and Foodstuffs (FMCG)
•Electronic and Electrical Goods
•Operation and Maintenance Services
•Catering and Restaurant Operations
•Retail Outlets
•Perfumes, Cosmetics and Personal Care products
•Convenience Stores
•Pharmaceuticals, Medical Technologies and Services
•Transportation, Pullman Coaches, Hajj Buses and Mini Buses
•Foodstuff Production and Packing
•Insurance & Risk Management Services Major multi-national principals and other partner companies have chosen to work with the group. These include such as BMW, Boots, Hyundai, LG Electronics, Japan Tobacco International, L'Oreal, Reckitt Benckiser, Warner Lambert and Mars plus with many other companies from around the world, all of whom have entrusted their products to Naghi Group companies. Roles and Responsibilities :
➢Handle full spectrum of financial and cost accounting role eg. AR, AP, GL, forecasting, budgeting Responsible for day to day finance and accounts operations
➢Perform full set of accounts and ensure timely closing of accounts.
➢Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
➢Responsible for timely monthly consolidated financial statements, payments, cash-flow Management reporting for submission to HQ .
➢Preform Cash flow forecasting, Budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis
➢Issue project cost report for review and approval
➢Support Financial Manager in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy
➢Establish and maintain systems for cost-sensitivity analysis and early-warning of cost -overruns
Nada Saudi Foodstuff Est. Part of Al Othman Group . In 1982, NADA Dairy was established in Alahsa KSA, by Mr.mohammed Al-othamn over a land of 5 Million seq meter and started of with Holstein friesiancows from Holland, United States and Germany .And the group have branches all over GCC and Middle east and considered to be one of the Top food staff companies in the kingdom Roles and Responsibilities
➢Ensures that all payments are in compliance with the approved Policies and procedures.
➢Presents audit reports to executive management to identify areas requiring attention and ensure implementation of any actions agreed upon.
➢Develops and implements all necessary internal controls to ensure that the financial and operational systems are operating effectively and identify potential problems.
➢Maintains a working relationship with external auditors to ensure that they have all the information they might require.
➢Develops and implements an annual audit plan to ensure that the Company complies with financial and statutory regulations and Standards.
➢Ensure the reliability and integrity of the company's information systems.
➢Ensure that proper reporting and follow up is done to monitor any possible overdue/un invoiced detention, including circulation of aging.
➢Ensure timely and accurate processing of security deposit refunds.
➢Overseas consolidated Major Cost/profit object variance analysis.
Alshamel International Group. Alshamel International is an IATA-approved shareholding company, originally established in the State of Kuwait in 1996 as a small, six staff travel agency. Today they have branches across seven Gulf and Levant nations and an impressive client roster served by more than 400 employees. They are the only travel management company with fully owned offices across the Middle East region and proud to be able to offer a truly integrated, 'One Company across the Region' approaches to their clients Industry type: Travel agency and Travel Management in Bahrain, Jordan Kuwait, Oman, Qatar, Saudi Arabia (KSA) and United Arab Emirates (UAE - Dubai and Abu Dhabi) Roles and Responsibilities
➢Reviews trade accounts receivable entries done by the Sales Coordinator including preparation of aging analysis and printing of customer's statement of accounts. Ensures that the Staff is familiar with the system to avoid temporary systems breakdown.
➢Preparation of weekly bank reconciliation.
➢Preparation of Bank Payment Vouchers and Cheques via self developed ERP in oracle.
➢Preparation of Sale Voucher.
➢Reconciliation of payable and receivable.
➢Preparation of prepayment schedule on monthly basis.
➢Preparation of Bank Receipt Voucher for the payment received from customers.
➢Coordination with external auditor.
➢Provide support for closing of quarter, Half year and year end accounts.
➢Accruals of Mark-up and all the expenses.
➢Stock count on quarterly basis under the supervision of internal audit department.
➢Check and review payroll journals and ensure correctness of computations and rate applications to each individual.
➢Ensures that accounting and management reports required from the branch are forwarded to the Head Office on scheduled deadline.