Bilal Bushnaq CPA,CMA

CFO at Derayah Financial Services
  • Claim this Profile
Contact Information
us****@****om
(386) 825-5501
Location
Saudi Arabia, SA

Topline Score

Topline score feature will be out soon.

Bio

Generated by
Topline AI

You need to have a working account to view this content.
You need to have a working account to view this content.

Experience

    • Saudi Arabia
    • Financial Services
    • 100 - 200 Employee
    • CFO
      • Feb 2014 - Present

      • Leading and managing the following functions: Finance and Accounting HR Risk and Compliance • Actively serving on the following committees : Credit and Investment Strategy Risk And compliance • Leading firm's project for Initial Public Offering on Saudi Arabian Stock Exchange • Devising and executing structured concepts for financing the firms activities in alignment with the regulatory requirements and limitations • Managing and enhancing the following processes : Shareholder reporting Executive dashboard and KPIs Internal controls Fund performance tracking and reporting Operating processes Show less

    • Jordan
    • Airlines and Aviation
    • 700 & Above Employee
    • Financial controller
      • Nov 2012 - Jan 2014

      • Restructure the accounting department. • Reallocation of roles based on new structure. • Analyze the processes of RJ and identify the risk area. • Implement systems integration to the companies’ processes. • Implement controls procedure for all outstation offices including reporting requirements, tax compliance, and registrations. • Oversee full accounting cycles • Supervise monthly, quarterly & annual financial statement preparation. • Review the IFRS implemented and recommend changes in coordination with the auditors and the tax advisors. • Review contracts to evaluate financial implications on the Company Show less

    • Regional Financial Controller - Levante
      • Jun 2011 - Nov 2012

      •Manage the entire operation of the Finance department for the levante offices “ Jordan , Iraq & Syria” •Supervision of the establishment of Iraq offices. •Supervise the preparation of the Company's budget and the consolidation of all Groups’ budgets. •Supervise the Implementation of the SAP ERP system for Jordan office. •Completed a full structuring of the Finance Department. •Supervise the preparation of Monthly consolidated financial statements (Familiar with both IFRS and GAAP) and provide the GM & the Holding Company with full analysis of its components. •Evaluate Strategic & Risk issues and submit recommendations. •Review financial feasibility of new products & investments •Establish and maintain financial controls of the organization. •Review business plans of subsidiaries. •Supervise Cash flow management •Maintain and expand banking relationships to support the company’s current and future operations. •Review contracts to evaluate financial implications on the Company. Show less

    • CFO
      • May 2005 - Feb 2011

      •Provide senior management with sound recommendations on operational and strategic decisions •Develop and execute financial plans to support the strategic business plan •Implement internal control systems, treasury, insurance and payment activities, including working capital •Execute budget policies, including their preparation and pro-active monitoring •Manage relationships with external parties, including banks, and auditors •Supervising day- to- day operations including cash management •Member in several internal high-rank committees, including business valuation •Board Member in International Cards Company "Master Card" – Jordan " Audit Committee Member " •Board Member in Baton for Blocks & Interlocking tiles " Audit Committee Member " •Board Member in AL Quds Ready Mix Company Show less

    • Financial & Administrative Manager
      • Aug 2003 - May 2005

      Preparation of financials for Alghad Project ( income statement , multi-scenario cash flow forecasts) Supervising operating expenditures, with a view to introducing cost reduction programs Implementing Internal control procedures for the inventory flow cycle Responsible for the development, and administration of cost accounting systems in ERP Supporting the finance team with regards to statutory obligations including tax and regulatory returns Active member of the administrative board Show less

    • Financial & Administrative Manager
      • Aug 2000 - Aug 2003

      Establishing the organizational setup Supervising the daily operations of the finance department Supervising The warehouse operations Preparing financial budget Supervising the software implementation Establishing the organizational setup Supervising the daily operations of the finance department Supervising The warehouse operations Preparing financial budget Supervising the software implementation

    • Financial Officer
      • Nov 1999 - Jul 2000

      Auditing of financial statements & operating systems System analysis & software implementation Financial analysis Auditing of financial statements & operating systems System analysis & software implementation Financial analysis

    • Officer
      • Jul 1996 - Oct 1999

      General Banking Servies including Depostis management, LGs & LCs General Banking Servies including Depostis management, LGs & LCs

Education

  • Becker Institute
    CMA, Management Accounting
    2001 - 2001
  • Becker Institute
    CPA, Public Accounting
    1998 - 1998
  • University of Jordan
    Bachelor of Science, Accounting
    1992 - 1996

Community

You need to have a working account to view this content. Click here to join now