Ibrahim Selim
Chief Financial Officer at iSAB accounting- Claim this Profile
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Arabic Native or bilingual proficiency
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English Professional working proficiency
Topline Score
Bio
Credentials
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Professional Real Estate Broker - Financing
American Institute of Real EstateSep, 2008- Nov, 2024
Experience
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iSAB accounting
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United Arab Emirates
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Accounting
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1 - 100 Employee
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Chief Financial Officer
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Oct 2021 - Present
Main Duties and Responsibilities and services provided to our clients: • Provide consultancy services to suggest the most suitable avenues for raising funds according to the client’s requirement. • Help enterprises collect funds for their proposed business activities. • Advising clients on taxes, retirement planning, investments, and insurance decisions, depending on their financial goals. • Developing financial plans to help clients achieve their long-term and short-term financial goals. • Facilitate and actively participate in all phases of the Implementation cycle, including Requirements Gathering & Analysis, System Design & Development, Testing, and Implementation • Planning, leading, and actively participating in the design, configuration, testing, and day-to-day support of the financial modules/functionality. • Manage full-cycle Finance applications enhancement and upgrade projects. • Work closely with an on-site team of technology vendor consultants for ERP implementation and enhancements. • Ensure project governance and seek continuous improvement and project optimization. Show less
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Liwa Footbal Club
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United Arab Emirates
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Spectator Sports
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Co-Founder
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Apr 2020 - Present
From our love to the Football and our business in sport events we got inspire to establish football club and here we are Liwa Football Club now in the UAE 2nd Division league hoping that to get promote to the 1st League soon. From our love to the Football and our business in sport events we got inspire to establish football club and here we are Liwa Football Club now in the UAE 2nd Division league hoping that to get promote to the 1st League soon.
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Al Benaa Real Estate Investments PJSC
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United Arab Emirates
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Real Estate
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1 - 100 Employee
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Chief Financial Officer
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May 2020 - Sep 2021
• Analyzing risks and guiding the business, to assist in measurement, planning and forecasting of activities and implications on income statement and balance sheet. • Develop trustworthy relationship with the Business Units to drive financial management and processes • Evaluate business proposals with complete analysis of economic impact on business • Analyze financial information to produce forecasts of business, industry and economic conditions for use in making decisions • Develop and execute a comprehensive financial strategy to support business growth goals, and regulatory requirements, ensuring all accounting activities and internal audits comply with financial regulations. • Manage the capital requirements and budgeting processes (AED 100 M and above). • Develop performance measures that support the company's strategic direction. • Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances. • Review and approve all Form 8-K, 10-K, and 10-Q. • Identifying areas for cost cutting and improvement. • Developed and maintain a comprehensive set of internal controls mitigate risk and enhance the accuracy of the company’s reported financial results. Show less
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Sport Middle East
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United Arab Emirates
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Spectator Sports
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1 - 100 Employee
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Co-Founder
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Oct 2017 - Apr 2020
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Majid Entertainment
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United Arab Emirates
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Broadcast Media Production and Distribution
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1 - 100 Employee
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Financial Accounts Manager
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Apr 2015 - Sep 2017
Main Duties and Responsibilities include: - Manage the capital requirements and budgeting processes - Monitor and direct the implementation of strategic business plans. - Oversee the company's transaction processing systems. - Implement operational best practices. - Oversee the issuance of financial information. - Monitors financial performance by measuring and analyzing results; initiating corrective actions; minimizing the impact of variances. - Preparing all Form 8-K, 10-K, and 10-Q. - Report financial results to the board of directors. - Identifying areas for cost-cutting and improvement. - Ensuring that all financial controls for the division are met and adhered to at all times. - Giving advice, guidance, and support on all financial matter to the company directors. - Ensure that the company complies with all legal and regulatory requirements. - Ensure that record keeping meets the requirements of auditors and government agencies. - Report risk issues to the audit committee of the board of directors. - Maintain relations with external auditors and investigate their findings and recommendations. - Monitor cash balances and cash forecasts. - Maintain banking relationships. Show less
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Blue Squares Contracting & Decore LLC
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Abu Dhabi
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Finance Manager
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Nov 2012 - Mar 2015
Main Duties and Responsibilities include: - Checking the scheduled items for financial statements. - Prepare the yearend financial reports (Income statement "P&L", Balance sheet, Cash Flow and ratios). - Audit and monitoring the month-end and year-end closing procedures, including trial balance and bank statement reconciliation and ensuring compliance with the system procedures and data processing requirements. - Monitor the processing of accounting and financial transactions. - Checking monthly payroll reports. - Review and evaluate cost reduction opportunities. - Provide business process enhancement recommendations to the management. - Develop management mechanism in the finance department for purposes of minimizing financial risks. - Keep management informed of significant departures from operating budgets, either actual or estimated. - Make recommendations to management regarding potential improvements in the financial result. Show less
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Ghantoot Transport & General Contracting Est.
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United Arab Emirates
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Construction
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700 & Above Employee
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Chief Accountant
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Feb 2009 - Oct 2012
Main Duties and Responsibilities include: - Review and update the Chart of Accounts in liaison with the Finance Manager. - Monitor the processing of Bank transactions “cheques, transfers, LC, LG and bank over drafts. - Responsible for accurate processing & reporting all accounting accruals. - Assist in the development and implementation of goals, policies, priorities, and procedures related to financial management. - Ensuring accurate reconciliation of all supplier accounts to supplier statements. - Prepare and directs the provision of effective and reliable cost estimating across business units which support the management decision making and compilation of accurate budgets. - Prepare the statements and reports of estimated future costs and trend forecast analysis. - Monitoring the budgeting and the achievement of sales forecast. - Monitoring the purchase order process and keeping a control of the unexecuted purchase orders. - Ensuring the procedure of importing the shipments and following up the customs duties and clearance. - Keep updated of changes in legislation or regulations that may affect the company’s business operation. Show less
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Infinity Real Estate, LLC
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Real Estate
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1 - 100 Employee
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General Accountant
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Mar 2007 - Jan 2009
- Processing Bank Payments “cheques, bank transfers and bank drafts. - Prepare the scheduled items for Balance Sheet and P&L items - Audit and process monthly payroll report from Human Resources. - Processing Bank Payments “cheques, bank transfers and bank drafts. - Prepare the scheduled items for Balance Sheet and P&L items - Audit and process monthly payroll report from Human Resources.
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General Accountant
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Sep 2002 - Dec 2006
- Enter the daily transactions. - Processing of Bank transactions “cheques, transfers. - Prepair & Transfer monthly salaries. - Enter the daily transactions. - Processing of Bank transactions “cheques, transfers. - Prepair & Transfer monthly salaries.
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Education
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Suez Canal University
Bachelor of Commerce (B.Com.), Accounting and Finance -
Al-Kassasen Secondry School
High school, Scientific Section of Science and Mathematics