CAREER OBJECTIVES

Motivated person of finance and auditing experience willing to join a dynamic organization, where can get opportunity to show capabilities and to further acquire useful experiences thus contributing towards the prosperity of organization. I am confident that while in the position I will be able to make the most of my management and analytical skills along with my expertise in the finance industry.
EXPERIENCES AND EXPERTISE

• Experience of over 12 years in finance, audit, insurance and business consultancy business, worked in multinational organizations including banking, trading, manufacturing and service oriented industries.
• Having good knowledge of Islamic finance and banking as studied the “Certified Professional Islamic Accountancy” course from AAOIFI - Accounting and Auditing Organization for Islamic Financial.
• Obtained funding, leasing and capital financing from financial institutions.
• Worked on feasibility studies, business plans and liaison with banks and auditors.
• Enterprise Resource Planning (ERP) example Midas (MYSIS), SAP R/3, Exact Software and Oracle Financials exposures.
• Engaged in the internal and external audits of multinational organizations at supervisory level.
• Expert in business re-engineering.

PROFESSIONAL ACHIEVEMENTS

• ERP & POS selection, working as “Project Manager” for implementation for Retail business.
• Evaluated new medical insurance, IT infrastructure, auditors and banking services.
• Played a lead role in the preparation of “Budget 2012” for my organization.
• Highly acknowledged as one of the most efficient personnel of bank.
• Over achieved the Audited FS 2007 published by Jan 30, 2008.
• Awarded “Employee of the year 2007” in KSA.
• Deadline achievement for year 2006 annual audit.
• Obtained major bank financing for previous organization in KSA.
• Streamlined the relationship with banks and developed a “Standard Bank Package” for all banks.
• Completed 5 major projects in 2 months time including Financial Projections, Feasibility and Leasing etc.
• Team leader and helping my staff on all system related and financial info.
• Policy maker for Investment and Marketing and developed “Organization Chart” for organization in KSA.
• Complimented as fastest service dept. in the organization from different branches and divisions.
• Streamlined the major manufacturing processes in manufacturing factory.

EDUCATION:

• Bachelor of Commerce

PROFESSIONAL COURSES & TRAINING

• “Elements of banking” by BIBF & scored “Distinction” in the examination.
• “Foreign Exchange” by BIBF.
• “Islamic Financing Challenges and Opportunities” conducted by IFSB in May 2010.
• Anti-Money Laundering e-courses by Complinet (UK), scored 100% in both courses.
• IFRS seminar organized by Deloitte & Touché in Jeddah, KSA.
• Diploma is software from Petroman.

COMPUTER PROFICIENCY

• MS Excel, Word, Power Point, Outlook, Access
• ERP Midas (MYSIS), SAP R/3, Exact Software (Globe and e-Synergy), Oracle Financials

PROFESSIONAL EXPERIENCES

Group Finance Manager
Confidential, Oct 2011 Present
Seef, Kingdom of Bahrain

Responsible for the following:

Financial Management:

• Looking after day to day affairs of organization mainly cashflow, profitability and financial stability of the organization by building mechanism and tools to judge the performance of the organization.
• Dealing with banks and other financial institutions for LC and other working capital requirements of the organization with leverage to the financing to the own resources.
• Analyzed and advised the management for the best available “Group Medical Insurance” for the staff with importance to the benefits and cost to the organization.
• Analyze the performance of the organization by ratio analysis on periodic basis.
• Cash management by pursuing customer’s receivables by continuous follow ups and on the other hand dealing with suppliers by negotiating the best possible terms for their payments.
• Balance Sheet, Profit and Loss consolidation plus General Ledger maintenance and presentation of these statements to the management, thus facilitate decision making process.
• Liaising with external auditors for the annual audit of the various entities of the group.

Enterprise Resource Planning (ERP) Management:

• Analyzed different ERP’s available in the market and advised the best option in terms of functionality and flexibility plus the cost of the system maintenance.
• Handling the implementation of the ERP and facilitate the team during the whole implementation process.
• Coordinating with the ERP solution provider along with the requirements for the implementation.

Administrative Affairs:

• Managing administrative issues of the organization and solving them on timely basis.
• Handling the purchase of fixed assets after analyzing the quotes from various suppliers.

Staff Management:

• Managing staff records and attendance.
• Releasing payroll on monthly basis after taken into account deductions, if any.

Business Planning and Projecting Management:

• Designing and drafting business plans according the requirements of the management and as per the future expansion plans.
• Managing various projects with partners and other business ventures.

Senior Accountant
Confidential,Dec 2009 Aug 2011
Manama, Kingdom of Bahrain

Responsible for the following:

Reinsurance Business:

• Handling the reinsurance division of MAPFRE RE represented by Gulf Assists in Bahrain and covering the GCC states for reinsurance customers including all the major Insurance, Takaful and other related organsations.
• Collection of Premiums and Claims by follow up with customers directly.
• Monitor claims activity and the financial impact to a company.
• Posting and processing of entries in SAP for Premium, Return Premium, Claims, Commission, Management Fees and Reserves as per the statements from customers after ensuring their completeness and accuracy.
• Generating reports from Oracle on monthly basis as well as when required by the management.
• Updating the master data in SAP and Oracle as and when required.
• Reconciling the statements with Oracle production and coordinating with IT Dept. for any matters related to reconciliation, hence also communicate with customers.
• Communicate with clients and prepare internal written status reports.
• Reconcile reinsurance accounts on a monthly basis. Take steps necessary to get corrections completed.
• Directly accountable for managing the completion of all stand alone reinsurance company monthly work requirements, including the preparation of ceding statements and the related general ledger reconciliations, cash settlement, and client needs.
• Assist Manager with strategic direction of the Reinsurance Department through active participation and company initiative, committees, new product implementations and special projects.
• Estimation of premium income, claims, reserves, commission and management fees on monthly basis.
• Assist on other assigned special projects as needed.

Monthly closing and reporting to HO (Madrid Spain)

• Preparing and submitting monthly PL and other reports to HO and ensuring the necessary entries accounted for in SAP.
• Uploading the bank statement in SAP for the monthly transactions for the purpose of bank reconciliations.
• Preparing all the related management reports for in-house as well as HO.

Deputy Financial Controller
Confidential, May 2008 Sept. 2009
Manama, Kingdom of Bahrain

Responsible for the following:

• Being responsible for the accuracy of general ledger and book keeping.
• Prepare monthly accounting reports including Statistical Reports and other regulatory reports (PIR etc) to the Central Bank of Bahrain (CBB).
• Compile and analyze financial information to prepare entries to general ledger accounts and documentation of business transactions.
• Establish, maintain, and coordinate the implementation of accounting policies and accounting control procedures.
• Monitor and review accounting and related system reports for accuracy and completeness of records.
• Prepare variance analysis report.
• Analyze revenue and expenditure trends and recommend appropriate budget levels to CFO on a monthly basis for rolling budget, and ensure expenditure control.
• Resolve accounting discrepancies.
• Recommend, develop and maintain financial data bases, computer software systems and manual filing systems.
• Supervise the input and handling of financial data and reports for the company\'s automated financial systems.
• Ensures that records / schedules for internal and external audits are prepared.
• Interact with internal and external auditors in completing audits.
• Review payment vouchers / SWIFT transfers.
• Review Nostro reconciliations daily.
• Review and authorize daily journal entries in the accounting system to update G/L.
• Prepare dividend, interest, and other income transactions for approval.
• Reconcile inter-company accounts & suppliers’ statements monthly.
• Review and authorize investment security prices daily into the system.
• Review and maintain fixed assets register, accruals for L/C’s related income & expenses and prepaid expenses.
• Performs internal audits of accounts payable, fixed assets, and petty cash. May make correcting journal entries with the approval of CFO.
• Responsible for closing books at the month and year end before / upon completion of annual audit.
• Assist CFO in maintaining the chart of accounts.
• Review contingent liabilities schedule fortnightly.
• Risk control co-coordinator from Finance Dept. for the activities for all business units as be required by Basel II related requirement to follow the Risk Control Self Assessment (RCSA) framework by using system developed by Chase Cooper.
• Other duties as assigned.