Hassan Serhan, FMVA, MBA, DEA Finance
Finance Manager - Head of treasury , Accounting & Budgeting at HOT Engineering And Construction Co.- Claim this Profile
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Bio
Credentials
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Financial Modeling & Valuation Analyst ( FMVA)
Corporate Finance Institute® (CFI)Aug, 2020- Nov, 2024
Experience
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HOT Engineering And Construction Co.
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Kuwait
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Construction
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400 - 500 Employee
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Finance Manager - Head of treasury , Accounting & Budgeting
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May 2020 - Present
✪ Managing a portfolio of 30 Project(s), value of USD 700Mn in Oil &Gas, Infrastructure and Civil via a team of 24, accountant through Treasury, Accounting and Budgeting Divisions.✪ Enhance the company Bank networking to finance newly awarded projects through preparing contracts cash flow, contract synopsis and detailed cash and non cash facility analysis.✪ Steering team management, reporting & cost analysis along with comprehending main drivers within the cost base with a view to provide insights✪ Manage a total portfolio of more than USD 400M of trade finance, contract finance and overdraft facilities with Kuwait and international banks to finance the company existing projects with KOC, KNPC and other Ministries. ✪ Implement framework for financial control across functions and business units. Identifying areas of cost reduction, implementing an effective plan for optimal operational efficiency✪ Formulating budgets, conducting variance analysis to determine difference between projected & actual results and implementing corrective actions✪ Assisting team with their career development including Performance management, feedback & training
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Boubyan Bank
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Kuwait
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Banking
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700 & Above Employee
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Senior Manager - Large corporate
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Feb 2017 - Apr 2020
✪ Conduct financial analysis & market study for the large corporate(s), managing a portfolio of 40 active accounts with granted facilities of USD 450Mn and non cash facilities of USD 600Mn✪ Participating in Syndication contracts with local and international Banks to finance large projects in Kuwait, Saudi Arabia and Oman.✪ Financial and Business strategy of the company, with emphasis on bottom line performance, working capital - enhancing shareholder value, improve performance, accurate reporting of results✪ Structured and delivered several complex solutions to manage financial risk, its mitigation and conducting complete financial analysis for contract financing in Oil & Gas field✪ Conducting audit, verifying books of accounts to detect any possible fraud, evaluating internal control systems/procedures, preparing audit reports to highlight shortcomings and implementing necessary recommendations✪ Understanding and analyzing financial statements, preparing cash flow analysis and stress test scenarios by applying different market assumptions for deal structuring and credit approval.✪ Strengthening and automating controls and compliance framework, including setting up of sound financial systems, processes and practices whilst spearheading the implementation of Internal Finance Controls✪ Ensuring all team members are meeting and exceeding expectations, taking corrective action when needed. Driving best practices across the global finance teams and developing a strong global finance talent pool
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KIB
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Kuwait
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Banking
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700 & Above Employee
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Manager - Project Finance
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Jul 2008 - Jan 2017
✪ Steered the Finance function, led teams for managing project financing, finance & accounting, reporting and compliance, and supervising all commercial negotiations✪ Managed a portfolio of 30 active accounts with granted cash facilities of USD 200Mn and non cash facilities of USD 300Mn via a team of 3✪ Facilitated credit ratings recommendations to rating committee✪ Delivered strong corporate governance framework that ensures compliance with statutory obligations; assessing internal controls and developing/ improving existing processes to strengthen internal controls
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Byblos Bank Group
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Lebanon
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Banking
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700 & Above Employee
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Credit Risk Manager - International
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Nov 2006 - Jun 2008
✪ Credit Risk underwriting and Portfolio Management for large Banks, Financial Institutions, and international clients✪ Identifying credit risk, process trends and training needs within the body of underwriting work completed each month.✪ Ensuring risk analysis of applicable portfolio is consistent with the industry leading practices and conforms to all internal credit procedures/policies, and all related regulatory expectations✪ Orchestrated timely feedback and coaching of Credit Risk Team Leads to sustain a strong credit culture and an unwavering commitment to excellence in analysis and execution
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Bank of Beirut
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Lebanon
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Banking
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700 & Above Employee
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Corporate Risk Manager
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Jul 2003 - Oct 2006
✪ Plan, design and implement an overall risk management process for the Bank by managing a corporate portfolio of 20 clients with a total facilities of USD 75M✪ Evaluate risk, involving estimated risks with criteria established by the bank: costs, legal requirements and environmental factors, evaluating previous handling of risks✪ Undertaking corporate governance involving external risk reporting to stakeholders✪ Point contact for reviewing risk policies regularly to ensure they are compliant with relevant new legislation
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Education
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1999 - 2002
Saint Joseph University of Beirut
DEA Finance, Banking, Corporate, Finance, and Securities Law -
1998 - 1999
Saint Joseph University of Beirut
MBA, Finance -
1995 - 1997
Saint Joseph University of Beirut
Bachelor of Commerce - BCom, Management
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