Finance Director
Hassan Allam Constructure-SA
Total years of experience :25 years, 7 Months
Value Added:
Financial Leadership and Oversight:
Established financial policies and procedures to ensure compliance and efficiency.
Oversaw a team of financial department employees, providing guidance and leadership to financial assistants and accountants.
Budget Management:
Developed and managed the company's annual profit budget, ensuring alignment with business unit plans and strategic objectives.
Reviewed and approved monthly Work-in-Progress (WIP) sheets prepared by the cost control department.
Financial Reporting and Compliance:
Managed and monitored working capital to optimize the company's financial health.
Oversaw all financial and accountancy matters, including monthly reports and managing cash flow.
Financial Statements and External Audit:
Reviewed financial data and prepared monthly, quarterly, and annual financial statements.
Submitted monthly financial closing reports to the headquarters.
Coordinated with KPMG to facilitate the audit process and present financial statements timely.
Taxation and Compliance:
Controlled VAT, Withholding Tax, Zakat, and income tax returns, including the preparation of files.
Participated in objection sessions, escalating disputes to GSTC when necessary.
Demonstrated a deep understanding of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting (IFRS), aligning with the transition plan to IFRS adopted by SOCPA.
Value Added:
I have played a pivotal role in aligning the company with its objectives by developing and implementing financial policies that provide a roadmap for success
I take pride in my ability to meticulously prepare the company's budget and execute it with the highest level of accuracy. This approach minimizes monthly deviations and budget slack, ensuring efficient financial operations.
I have effectively maintained crucial banking relationships, securing financial stability and access to necessary resources for the company.
I have successfully managed the company's assets, optimizing their utilization and contributing to the organization's financial health.
Overseeing all financial management aspects of the company, providing a holistic view of its financial health and performance.
I take day-to-day responsibility for working with functional leaders to integrate best-in-class business processes throughout the organization. This approach ensures operational excellence and alignment with industry standards.
My financial leadership experience reflects a strong commitment to precision, strategic alignment, and team development. I look forward to leveraging my expertise to drive the financial success of your organization."
Evaluated and reported on organizational risk management, internal controls, and management information systems.
Value Added:
Possess a keen ability to monitor and interpret cash flows, allowing me to predict future trends and make informed financial decisions to ensure the company's stability.
Strong track record of formulating strategic and long-term business plans, guiding the organization towards sustainable growth and success.
Conduct in-depth research and report on factors influencing business performance, enabling data-driven decision-making.
identify and evaluate cost-reduction opportunities to enhance operational efficiency and profitability.
Effectively managed a company's financial accounting, monitoring, and reporting systems, ensuring financial transparency and accuracy.
Proven record of producing accurate financial reports within specified deadlines, enhancing the organization's financial credibility.
Skillfully managed budgets, optimizing resource allocation and financial planning.
updated with changes in financial regulations and legislation, ensuring the organization's compliance and risk mitigation.
Value Added:
Instrumental in establishing and maintaining comprehensive financial policies and procedures for organizations, ensuring they are aligned with industry best practices and regulatory requirements.
Possess a deep understanding of financial regulations and legislation, allowing me to navigate complex regulatory landscapes with precision and ensure full compliance.
Effective monitoring of day-to-day financial operations within organizations, guaranteeing that financial processes run smoothly and efficiently.
Setting up annual cost assignment systems, measuring costs, and defining allocation rates, particularly for critical functions. This strategic approach optimizes cost management and budget allocation.
Value Added:
Managed financial accounting functions, including Accounts Receivable (AR), Accounts Payable (AP), General Ledger (GL), and budgeting, ensuring the accuracy and integrity of financial data.
Responsibility for the day-to-day finance and accounts operations, providing a strong foundation for efficient financial processes.
Performed project cost forecasts, budgets, tracking, monitoring, and controls, ensuring that projects remain on budget and profitable.
Cash-flow forecasting and budgeting, collaborating closely with operations and project teams to analyze margins, variances, and cost analysis.
Work consultatively with various departments to drive cost reduction initiatives, contributing to the organization's financial health.
Value Added:
Ensured that organizations adhere to internal regulations and established control protocols, maintaining compliance and mitigating risks.
Meticulously examined a range of documentation, including reports, statements, records, and memos, to gather information and assess the accuracy of data.
Conducted reconciliations to match documentation with actual inventory or assets, providing assurance of accuracy and accountability.
completed standard paperwork and questionnaires to confirm the effectiveness of internal controls, safeguarding financial integrity.
Actively participated in meetings with individuals and departments to update audit findings and progress, ensuring transparent communication.
Analyzed audit results to identify strategies for increasing profits and reducing unnecessary costs, contributing to financial optimization.
Directed the review and verification of records, ensuring compliance with standards, policies, and procedures, promoting operational excellence.