Financial Planning Manager

* * * * *

MOHAMED SAAD

Group Financial Manager

A. R. Albisher & Z. Alkazemi Group of Companies

(M) +965-********

(E) *********@*******.***

Personal Information

Birth date: 28 March 1977

Nationality: Egyptian

Visa status: Residency visa (Transferable)

Marital status: Married

Driving license: Kuwait & Egypt

Summary:

An accounting and financial professional with +20 years of experience in financial planning, analysis and accounting principles. Proven capacity to improve and maximize overall business and finance function integration through effective communication processes. An experienced self-starter, team player and problem-solver with keen attention to customer needs and details. An innovator with creative skills and experiences to improve overall business processes. Highlights on Experience:

· An accountant with excellent experience in accounting and financial control.

· Ability to maintain cooperative relationships with persons contacted in the work.

· Strong Knowledge of theory, principles, practices of general accounting & auditing.

· Knowledge of developing systems forms for accounting records & reports.

· Excellent Knowledge of principles, methods, and techniques of public administration

& personnel management.

· Strong Analytical, problem solving and organizational skills.

· Proficient in Microsoft Office - Excel, Word and Internet.

· Good Knowledge of IFRS & IAS.

Education:

Bachelor of Commerce, Accounting.

Faculty of Commerce & Business Administration,

Helwan University, Cairo, Egypt.

May 1999.

Training:

· CMA Part 1, Financial Planning, Performance and Control

· CMA Part 2, Financial Decision Making

· IFRS update 2012, KPMG

· IFRS Update 2012, Ernst & Young

· IFRS for Retail & Automotive, Ernst & Young

Skills:

· MS Word, MS Excel, Outlook & Internet

· Excellent Analytical skills

· Communication & Interpersonal skills

· Ability to perform under pressure

· Automated accounting systems (Oracle, Autoline Kerridge & SAP) Languages:

English

Arabic

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Professional Experience:

Group Financial Manager

A. R. Albisher & Z. Alkazemi Group of Companies

Jan 2019 – Present

Responsibilities: -

· Provide overall supervision to process of G/L, B/S and P&L formation across company.

· Provides directional inputs to ensure all financial accounting matters are addressed.

· Overall responsibility for the finalization of the company group consolidated financials, statutory audit, management of audit plan, and coordination with auditors, year-end procedures, IFRS issues and group reporting forms.

· Liaise with auditors to answer any queries and resolving their requirements and make sure that internal policy and procedures are complaint with the law.

· Provide key inputs for the drafting of policies, approval and maintenance of the Finance department and related aspects for the company group.

· Oversee the policy updates and reviews on a continuous basis.

· Oversee the complete treasury function to ensure adherence to group investment philosophy of liquidity and returns.

· Ensure compliance with the financial covenants for the loan agreements signed.

· Manage the group reporting systems, ensure optimum use of the most appropriate financial IT systems and applications.

· Initiate strategies for the implementation of IT Accounting Systems in the Company and reviews existing system for improvements, controls System related issues and ensure compliance with international standards in the development of financial accounting and reporting systems.

· Oversee payroll processing of group in coordination with the HR department in order to ensure that all employees receive their salary entitlements on time and as per the requirements of the Company policy and relevant regulations.

· Staff development activities for direct reports comprising of supporting recruitment, team development and complaint resolution, set Key Performance Indicators, conduct performance appraisal and drive motivation.

· Assist the management in the fulfillment of its obligations, statutory or otherwise, concerning prevention of personal injuries.

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Chief Accountant

Abdul Rahman Albisher & Zaid Alkazemi Co. (Mercedes-Benz Kuwait) May 2009 – Dec 2018

Responsibilities: -

· Monitor & follow-up accounts receivable with collection section.

· Monitor accounts payable and payment to all suppliers as per liquidity.

· Review payroll including posting and monitoring staff receivables.

· Handle bank facilities with all banks including loans. L/G, L/C and F/C payments.

· Reconcile bank accounts with company records.

· Analyze financial information to prepare entries to general ledger accounts.

· Review, correct errors and inconsistencies in financial entries, documents.

· Maintain and monitor the fixed assets system.

· Maintain system of accounts and keep records on all company transactions.

· Maintain vehicles stock costing and inventory controls and cost controls.

· Apply cost accounting to achieve accurate representation of performance.

· Analyze of MTU Gen-set projects revenue and costs on monthly basis.

· Monthly & yearly closing process and reconciliation of general ledger accounts.

· Monthly statutory accounts & consolidated financial statements under IAS & IFRS.

· Report, analyze, and ensure integrity of all financial information.

· Prepare financial statements to summarize company financial position.

· Prepare financial statements and cost center reports.

· Monitor and control chart of accounts including creating new accounts.

· Support company’s mission, vision and goals in the performance of daily activities.

· Develop and implement various accounting procedures.

· Work with external auditors during financial and operational audits.

· Prepare work papers and supporting schedules for the annual financial review.

· Prepare annual budgets with other related departments. Accountant

Al-Sabriyah Elevators & Escalators Co. W.L.L. (KONE Elevators, Kuwait) Sep 2002 – Nov 2008

Responsibilities: -

· Accounts receivable and collection follow-up.

· Accounts payable recording invoices & preparing payments.

· Payroll, salary allocation and staff receivables.

· Spare parts inventory control.

· Preparing of quarterly projects costs and revenue analysis.

· Preparing of deferred revenue statement.

· Reconciles bank statements.

· Fixed asset accounting.

· Preparing of Income Statement and Balance Sheet.

· Preparing of management reports as required.

· Managing of year end external audit.

References:

Available when requested

Contact this candidate