Chief Financial Officer
MIDDLE EAST TELECOMMUNICATIONS COMPANY
Total years of experience :31 years, 10 Months
• In-charge of the Accounting, Treasury, Procurement and Stores functions of METCO and its subsidiaries in Iraq, the KSA, the UAE, and Oman.
• Continuously improving the bank facilities limits, terms, and rates.
• Obtained loans for USD 65 Million and managed their repayments on time by carefully monitoring the company’s cash flow.
• Implementing the Oracle ERP System.
• Generate, analyze and cascade financial information to facilitate financial decision making.
• Reporting to the CEO and managing 15 subordinates.
Overall in- charge of the KGL Real Estate, KGL Passenger Transport Services, Sudan River Transport Company, KGL Car Rental, and Axis Solutions Companies.
•Reporting to the Group CFO and leading 26 subordinates.
•Established KPI’s to monitor the performance of the Operations departments and projects.
•Coordinated with operational heads to carefully study the acquisitions of new projects, and ultimately acquired profitable new projects worth over USD 80, 000, 000 for the company.
As the Finance Manager of National Real Estate Company, managed the accounts of the parent company and 8 of its subsidiaries.
•Consolidated the financial statements of the parent company on a quarterly basis and reported to the Kuwait Stock Exchange
•Board member of Dubai Holdings Company
•Managed 8 reportees and reported to the CFO
As the General Manager-Finance & Administration for the Future Pipe Group operations in Egypt, managed the finances, strategy and administration of two manufacturing companies, one service company, and one real estate company.
•Developed new policies and procedures for the entire business process and set up financial controls, complete operational and administrative procedures.
•Doubled the company’s bank facilities limits, allowing the company to acquire more raw materials, and ultimately increasing sales by 15%.
•Managed 23 reportees and reported to the CFO of the Group based in the UAE.
As the Group Controller of Future Management Holdings Group (FMH) in Lebanon, steered the financial affairs of the group companies, reporting to the Group CFO and managing 15 reportees.
•Saved $ 90, 000 per year by reengineering the ownership and the tax structure of the Holding company and its subsidiaries.
•Reorganized the finance departments at the Group’s subsidiaries resulting in the departments being able to work more efficiently despite a 15% reduction in workforce.
•FMH is a diversified local group of companies, the main ones being:
Future Pipe Industries, the largest pipe manufacturing company in Lebanon, Future Security Company, a major trading and services company, and Makhzoumi Foundation, a non-profit organization.
Deloitte Touche Tohmatsu (DTTI) - Kuwait is one of the top four leading audit and management advisory services firms in the world.
•Provided audit and financial reporting and management advisory services for several clients in various industries, namely: Banking and Financial services, Manufacturing, Trading, and Construction.