Ahmed Hassan Diini
Finance Manager at International Bank of Somalia- Claim this Profile
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Bio
Credentials
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Certified Fraud Risk Management (FRM)
ACCPASep, 2020- Nov, 2024
Experience
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International Bank of Somalia
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Somalia
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Banking
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1 - 100 Employee
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Finance Manager
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Sep 2015 - Present
• International Bank of Somalia (IBS) is an International, Islamic and Somalia’s premier global investment and commercial bank with an entirely Shari´ah compliant portfolio of products & services.Essential Duties and Responsibilities: Monitoring and development of effective systems of financial accountability and control in line with the Bank' financial requirements Ensure data integrity in all financial Transaction Oversee financial department employees, including financial assistants and accountants Track the company's financial status and performance to identify areas for potential improvement Seek out methods for minimizing financial risk to the company Research and analyses financial reports and market trends Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making Ensures efficient coordination of various cost center, departmental, Sections, and designated accounts by implementing budgeting systems and financial records which are compatible with the Bank’s accounting and reporting systems. Interprets Bank financial reports and advises the cost center head regarding financial decisions by providing accurate information regarding the financial status of individual accounts and the cost center as a whole. Assists the immediate supervisor in annual budgeting and financial planning by providing allocation and expense projections. Ensures the financial integrity of departmental, Sections, and designated budgets by monitoring balances and expenditures Validating the Transaction by checking the system posted to the appropriate Journal Entry in accordance with the budget allocated
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Accountant
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May 2015 - Aug 2015
Prepares asset, liability, and capital account entries by compiling and analyzing account information. Documents financial transactions by entering account information Recommends financial actions by analyzing accounting options. Maintains accounting controls by preparing and recommending policies and procedures. Substantiates financial transactions by auditing documents. Creating a New Subsidiary Account if need that based on the Accounting Map for Using that internal Account as well as the Branch code and Permissions Opening and Activating all GL ‘s when New Branch opened Creating a group OF GLS in a group for Reporting Purpose Delating Stopping and Activating The Internal Accounts Controlling, Checking the Vendor invoice forwarded by the HR admin or other Department Allocating Each Invoice with related branches by differentiating the branch code for each Branch ( Cost center ) Correcting and Reversing all the necessary entry Requested by the Credit Department Reviewing and processing for all Micro finance payment (Small enterprise loans ) Follow up all the outstanding Micro Finance loans (Financing Receivable ) Processing all the Correspondents internal Transfer both Same Currency and Different Currency Updating all the Nostro Accounts by Deducting all Charges by each outward transfer and inward Transfer to the our Correspondent Recording And listing all Shares Holders Capital By Group and per Individual Listing all the payment Voucher in to separate Documents Customer payment voucher and Internal Payment Voucher Attaching Each invoice with the General voucher and system printed voucher and then signed by each General Voucher and Documented into separate file for Each payment and General Voucher Preparing and Calculating The adjusting Entry for the end of Year
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Reconciliation Officer
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Jun 2014 - Apr 2015
1. General Ledger Reconciliation a. Responsible for the preparation of selected monthly general ledger reconciliations for Bank within the given time frame and ensuring preparation is performed in terms of the General Ledger policy b. Reporting any losses, irregularities and/or variances identified during the preparation of the reconciliations. c. Responsible for the creation of journals to correct issues identified during the completion of the previous month’s reconciliations d. Preparation of old outstanding items on related-accounts schedule for inclusion in the bank-wide schedule of possible losses e. Assist with the resolution of old outstanding items at a bank-wide level in order to decrease provisions for outstanding items.2. Branch Cash Transactions Reconciliation a. Reconciling all Teller Daily Transactions for Cash Deposit, Cash Withdrawal and Account to Account Transfer b. Reconciling for Cash Movement from Vault to the Teller c. Reconciling for Branch to Branch Cash Transaction Movement3. Correspondent/Local Banks Reconciliation a. track the status of cash received/receivable and the amount paid/payable and track unsettled transactions either in mirror or in actual Nostro accounts b. Checking with Received Statement of Account from our correspondent and our Internal Account are matched each other by entering to the System c. Entering to the system and Match to the matched entries received from the our Correspondent statement d. Reporting to the operation Department to the unmatched Entries from our correspondent immediately e. Preparing Monthly Report for Reconciliation pending and other findings
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Admin and Finance
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Dec 2012 - May 2014
Main activities and responsibilities Assist in managing revenues received and dispersed including accounts receivable, accounts payable, payroll, audit, General Ledger reporting. Cash handling functions for the hotel and reconcile all cash dropped at the front desk. Assist with analyzing financial statements on a monthly basis and report any variances to the concerned department heads Assist the financial Controller with systems administration, G/L account reconciliation, budget preparations, inventories, monthly closings and full P & L responsibility. Assist financial Controller with completing the year-end audit process. Review and approve all reconciliation and audit work papers. Post city ledger payments in property management system, reconcile and bill all city ledger accounts. Perform follow-up billing and credit collection documentation and inform Controller of any potential uncollected accounts. Reconciles bank statements. Reviewing all ledger details guest ledger, city ledger and deposit ledgers to validate proper payment and revenue posting. Maintains accounting databases by entering data into the accounting program. Analyze revenues, commissions and expenses to ensure they are recorded appropriately on a monthly basis. Accomplishes accounting and organization mission by completing related results as needed.
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Head of Computer Lab and Lecturer
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Nov 2008 - Jun 2011
Main activities and responsibilities Creates lesson plans that are appropriate for the age and abilities of the students in the class. Evaluates student performances in class and on tests and provides feedback. Assigns special projects to students. Provides appropriate resources and learning materials for students. Identifies varying teaching methods that work best for students who learn differently. Develops and updates curriculum for the classroom. Conducts research. Encourages creativity in students. Maintains computer laboratories and keeps an inventory of supplies. Ensures that computer equipment is functioning properly. Maintains accurate records of students’ progress in class and on examinations. Keeps order in the classroom and handles student behavior issues in accordance with school system policies Supervise roles for managing and training computer lab assistants and tutors. responsible for the maintenance and operations of computer labs assist lab users with computer-related issues such as creating user log-on accounts and passwords trouble-shooting equipment problems and using other lab equipment such as printers and copiers
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Education
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2016 - 2018
MAHSA College
MBA, Financial management -
2008 - 2011
Hargeisa University
Bachelor's degree, Accounting -
2007 - 2008
Future College
Diploma, Information Technology -
2001 - 2007
Ablaal
High School Diploma, General Studies
Community
