PROFESSIONAL OVERVIEW
A Corporate finance professional with extensive experience of 17 years across wide range of companies in different sectors, covering finance management, financial analysis, feasibility studies, policies and procedure development, training and supervision of finance staff, VAT experience, IFRS experience, managing ERP implementation process and ensuring smooth transition.

MAJOR ACHIEVEMENTS  Hiring and training more than 30 accountants during my career.  Supervision of implementing 3 ERP systems smoothly in different entities.  Reviewing and reducing the direct cost by 30% during my work in “Trio Restaurants”  Foundation of complete costing system for “Star Adhesive Factory”  Improving policies and procedures for all processes in “Al Faisal Group”

DUTIES & RESPONSIBILITIES:

 Prepare and submit the group’s monthly financial results, budget and quarterly rolling forecasts and complete the reporting requirements to the parent company.  Manages relationships with banks negotiating and dealing banking facilities such as overdraft, letters of guarantee, letters of credit, loans and discounted cheques.  Analyze and interpret financial data so as to determine past and present financial performances and compare it with budget (Variance Analysis – Actual against Budget).  Import & Export Letters of Credit - Opening, Negotiation, Documentation & Discount L/C.  Preparation of projects and jobs costing.  Works closely with the tendering team to ensure that financial targets are met for all prospective projects.  Cash Flow management and planning and follow up of collections and payments.  Preparation of yearly master budget with 5 years business plans.  Reviewing direct costs and overhead and implementing ideas of cost reduction.  Reviewing pricing systems in the company to improve GP margins.
 Identify the risks and provide risk management systems.  Supervision of day-to-day activities and tasks to the team.  Supervision of monthly/yearly closing procedures.  Inventory Control inward & outward - Proposed and implemented a new system for Purchase of materials for stock orders and monitoring the purchases.  Ensure that records are in compliance with the VAT requirements.  Maintaining strong relationships with all parties; banks, suppliers, customers, governmental bodies and owners.  Preparation of costing and budgeting reports.  Preparation of feasibility studies.  Complete Supervision of all accounting, financial operations and activities within the organization.  Preparation of yearly budgets and interim financial reporting in compliance with IFRS requirements.  Ratio Financial Analysis and Variance Analysis (Budgeted vs Actual) and other customized analysis as per BOD requirements