Experience

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  Bahman Group-Kuwait

  • Kuwait

  • Financial Controller

    • Jan 2021 - Present
    • Kuwait

    Accomplishment:-Manage the group's cash flows within available facilities, providing appropriate reporting to directors and executive management.-Managed the group's financial reporting obligations and was responsible for preparing and lodging compliant full-year and half-year consolidation accounts.-Manage the group's statutory taxation obligations (including income tax and other taxes) and be responsible for preparation and lodgment. -Manage investing portfolio with 50 million US Dollars (UBS-Credit Suis, Investcorp and Kamko Kuwait).-Collaborate, design, implement, and review finance systems, policies, and procedures to ensure continuous improvement and contemporary, relevant practices.- Oversee finance systems managing transaction flows from a source through an interface to a general ledger.-Ensure finance ledgers are maintained on time, accurate and complete, and structured to provide relevant information to internal users and meet statutory obligations.- Ensure reporting function and response to ad hoc requests for related financial information are appropriately delivered needs.-Responsible for preparing annual budgets for holding company entities.- Perform the accounting function for holding company entities.- Manage relationships with others across the group to align crucial business strategies and decisions.- Build productive working relationships with stakeholders to understand their business operations and the financial information of end-users.- Ensure excellent leadership and management of corporate finance, measured by the team's effectiveness, engagement, and respect for the business unit.- Undertake other activities with the corporate finance function, in conjunction with other finance staff, such as maintaining consolidated key finance activities (e.g., asset financing), governance / internal control activities, business administration, or insurance management.

• 

  AlArfaj Group of Companies

  • Group Finance Manager

    • Jun 2007 - Nov 2021

    Present Job Description:- Reporting to the Group Chairman and CEO of the Holding Co.- Set up accounting standards and procedures for the group.- Developing the financial policies and procedures for the group and subsidiaries.- Designing the internal control system for the group, and Subsidiaries.- Implemented internal auditing recommendations in all group subsidiaries.- Preparing monthly consolidated financial statements by IFRS.- Reviewing subsidiaries’ reporting standards.- Reviewing the monthly results of the subsidiaries according to the monthly checklist.- Managing the relationship between external auditors and the company’s subsidiaries.- Ensuring that head office and subsidiaries are complying with laws and regulations - Implementing financial systems, including evaluation, selection, development and rollout. - Evaluating subsidiary's finance teams and support by recommendations.- Preparing and presenting the monthly business review report to the member board.

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  Water Products Company (Wapco) in Egypt (Holding co.

  • Finance and Administrative Manager

    • Apr 2006 - May 2007

    Job Description:- Reporting to the CEO and CFO.- Creating different forms for the operation cycle (invoices, purchasing orders, cash payments…).- Adjust the chart of accounts to comply with the company’s activity. - Creating the base of financial policies which regulate the operation and flow of finance activity and make complete internal control. - Manage all financial operations, including treasury, accounting, financial analysis, financial planning, and taxes.- Contributed to helping the Business Unit (BU) leaders prepare and understand their financial reports (budgets and monthly results) and assisted in their business requirements.- Managing the company’s real estate and administrative issues.- Handling relations with the tax authorities and coordinating the tax inspection process of all kinds of taxes (Income Tax, Payroll Tax, and Sales Tax).- Periodically conducting Performance Appraisals for subordinates.- Cash and Treasury Management to ensure timely and wise usage of cash resources. - Working with internal and external legal advisors to make regular risk assessments and resolve customer legal disputes.- Distributing work assignments and delegating tasks as appropriate.- Responsible for preparing the business plans and business cases for investment decisions.- Accountable for the periodic financial reporting and monthly financial statements.- Responsible for ensuring the application of internal audit processes and procedures. - Manage the finance team to achieve the company’s objectives and prepare them to be accountable at any time.