Adham Fakhra

Chief Financial Officer at Victorian Crane Hire
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Contact Information
Location
Greater Melbourne Area, AU
Languages
  • Arabic -

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Credentials

  • Chartered Accountant
    Australian Institute of Chartered Accountants
  • Coaching in the Workplace
    Leadership Directions Australia
  • Emerging Leaders
    Leadership Directions Australia

Experience

    • Chief Financial Officer
      • 2019 - Present

    • Australia
    • IT Services and IT Consulting
    • 1 - 100 Employee
    • Group Financial Controller / CFO
      • 2015 - 2019

      A pioneer in creating cloud-based SaaS applications, Yarris simplifies the complex business workflow processes of clients who rely on our system to run their businesses. Thousands of users manage over $1.1 billion of professional services with Yarris systems each year. As the group financial controller at Yarris, I report directly to the CEO & manage the finance function of four organisations. I provide key stakeholders with business intelligence that is used to make critical decisions across various levels (including the board of directors, executives & managers) by analysing & translating quantitative & qualitative data into actionable information. Responsibilities • Development of corporate & financial strategy • Cajoling with the executive team to form organisational strategies, plans & business cases • Regular valuation of businesses within the group • Overseeing the preparation of monthly consolidated/divisional financial & management reports • Dashboard, KPI & balanced scorecard reporting • What-if analysis relating to key business decisions • Preparation of annual & monthly budgets & forecasts including variance analysis • Cash flow management & forecasting • Tax effect accounting and reconciliation of accounting income to taxable income • Management of the external audit process & preparation of annual financial reports • Calculation of the annual R&D spend for the purpose of R&D grant • Preparation of explanatory memorandums and pitch decks for presentation to shareholders, investors & business partners • Continued oversight & improvement of internal controls Achievements • Successful demerger of the consolidated group • Established a shared services corporate business unit • Implemented best practice accounting & internal controls • Played an integral role in raising capital

    • Australia
    • Wholesale
    • 1 - 100 Employee
    • Senior Corporate Accountant (Contract)
      • 2014 - 2015

      Sonepar is one of the world’s largest private companies that specialises in B2B distribution of electrical products & related services. With €20.6 billion of annual revenue this organisation is represented by 239 entities operating in 44 countries on five continents. I served as a Senior Corporate Accountant within a shared business unit that serviced the Australasian Pacific region. This dynamic role involved liaising with a variety of internal & external stakeholders, financial reporting & customer specific analysis. Responsibilities • Monthly preparation, analysis & presentation of management reports relating to sales, costs & expenses • Daily reporting to the CEO & CFO on sales via product, business unit & region • Preparation of monthly consolidated financial statements • Management of complex & global intercompany accounts • Budgeting & forecasting for various profit & cost centers • Full ownership of customer rebate function including responsibility for developing, maintaining & accounting for a complex customer rebate model • Monthly reconciliation of Balance Sheet and Profit & Loss general ledger accounts • Consolidation of Australasian Balance Sheet and Profit & Loss • Calculation of deferred taxes on a monthly basis • Key tester & improver of internal controls for the corporate accounting function • Responsibility over the reporting of various revenue/cost/expense centres across the Australasian regions • Liaised between the corporate business units & a variety of internal & external stakeholders, including account managers & international business partners Achievements • Improvement of the customer rebate financial model enabling more accurate tracking of customer rebate accruals • Improvement of the daily & weekly sales reporting model

    • Hospitals and Health Care
    • 1 - 100 Employee
    • Accountant / Head Of Finance
      • 2011 - 2014

      Guardian Network specialises in home & community care services in Victoria, New South Wales & Tasmania. As the head of the finance department, I reported to the CEO & supervised a team of four accountants to provide timely, effective & accurate information aiding the decision-making process. The finance department serviced all business units including interstate offices & supported the organisation to achieve overall effectiveness & efficiency. Key Responsibilities • Formulating organisational strategy with the company's executives & directors, quantifying goals & monitoring performance against objectives • Management of the finance function with four accountants across numerous states through a shared services unit which I was responsible for establishing • Preparation & presentation of monthly financial statements & management accounts on a consolidated, regional & business unit level • Analysis & commentary of financial performance including KPIs, profitability analysis, business unit reporting & cost reporting • Budgeting, forecasting & variance analysis • Oversight of tax compliance, reconciliation of accounting to taxable income & calculation of deferred taxes • Maintenance & improvement of the internal control process

Education

  • Chartered Accountants Australia and New Zealand
    Diploma, Accounting and Finance
    2013 - 2015
  • Monash University
    Bachelor of Business and Commerce, Accounting and Banking & Finance
    2005 - 2009

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