Experience

www.primeonegroup.com

• Construction
• 1 - 100 Employee

• Finance Manager

  • Oct 2022 - Present

  Kuwait 1. Implementing SAP B1 (Procurement, Sales, and Fixed Assets modules) 2. Oversee all financial transactions for construction operations. 3. Achieving high-quality financial reports generated for top management for decision-making that includes accounting and finance KPIs (liquidity ratios, profitability ratios, activity ratios, solvency ratios). 4. Achieving financial modeling and forecasts based on historical data (5 years) that includes multiple expected scenarios and analysis… Show more 1. Implementing SAP B1 (Procurement, Sales, and Fixed Assets modules) 2. Oversee all financial transactions for construction operations. 3. Achieving high-quality financial reports generated for top management for decision-making that includes accounting and finance KPIs (liquidity ratios, profitability ratios, activity ratios, solvency ratios). 4. Achieving financial modeling and forecasts based on historical data (5 years) that includes multiple expected scenarios and analysis (common size and trends analysis). 5. Monitoring the costs of construction projects like costs of civil works, concrete, and steel, electrical, HVAC works, mechanical, and finishing works. 6. Managing cash flow and building a reliable cash-in forecast based on payments from the clients of construction projects and cash-out to subcontractors. 7. Dealing with and contacting banks to get bank facilities for construction operations like letters of guarantee, bid bonds, performance bonds, and advance payments bonds. Show less



Al Thaqeb Trading Company

• Kuwait
• Manufacturing
• 1 - 100 Employee

• Finance Manager

  • Jul 2020 - Oct 2022

  Kuwait FMCG Business : 1- Managing all business aspects with all types of customers of FMCG operations (Coops, Hypermarkets, HORECA, Wholesale, Vans). 2- Implementing ERP system for fast-moving consumer goods (FMCG) operations. 3- producing an accurate and timely periodic financial report for decision maker such as monthly income statement and balance sheet, budget variance report. 4- providing detailed comparable segments profitability report (YTD, MTD), with a vertical and trend… Show more FMCG Business : 1- Managing all business aspects with all types of customers of FMCG operations (Coops, Hypermarkets, HORECA, Wholesale, Vans). 2- Implementing ERP system for fast-moving consumer goods (FMCG) operations. 3- producing an accurate and timely periodic financial report for decision maker such as monthly income statement and balance sheet, budget variance report. 4- providing detailed comparable segments profitability report (YTD, MTD), with a vertical and trend analysis of all business segments (Coops, Hypermarkets, HORECA, Wholesale, Online and Vans). 5- Achieving a high-quality report of monthly comparable variance analysis and financial ratios analysis such as segment gross margin, segment net profit margin, and other ratios such as activity, liquidity and profitability ratios. 6- professional communications with all banks and examine the bank facilities offers that fit our financial needs (ODs, PNs, Loans, LBDs, LCs & LGs). 7- Controlling the monthly investment reports to the top management for various types of investments (cash deposits, equities, stocks and real-estates in US) in financial institutions such as Investcorp, Credit Suisse, JPMorgan Ghase Bank, Julius Bär, Lombard Odier and Citibank. 8- calculating annual Zakat amount of different business subsidiaries (FMCG, Real estate, and investment portfolios). 9- Achieving a notable reduction in bank commission cost of currency exchange rate. Show less



Alghanim International General Trading & Contracting Co. WLL

• Kuwait
• Construction
• 700 & Above Employee

• Finance Manager

  • Apr 2016 - Dec 2019

  Kuwait Working as a finance manager for Al Ghanaem Industrial Co (Cement Plant) : 1. Establishing accounting system based on Oracle Business Suit. 2. Establishing purchasing cycle (accounts payable) and implement purchasing module in Oracle. As well as monitoring and controlling all purchasing procedures and vouchers in Oracle such as materials request, purchase order, store receiving vouchers and supplier’s invoice. 3. Review and monitor contracts and agreements with third parties and… Show more Working as a finance manager for Al Ghanaem Industrial Co (Cement Plant) : 1. Establishing accounting system based on Oracle Business Suit. 2. Establishing purchasing cycle (accounts payable) and implement purchasing module in Oracle. As well as monitoring and controlling all purchasing procedures and vouchers in Oracle such as materials request, purchase order, store receiving vouchers and supplier’s invoice. 3. Review and monitor contracts and agreements with third parties and suppliers to ensure financial position of the company is protected and all purchasing are within the planned budget. 4. Establishing sales cycles (accounts receivable) and implement sales module in Oracle. Monitoring all sales procedures through Oracle that start by approving sales quotations, sales orders, delivery notes and invoicing customers. 5. Preparing and controlling operational cash flow (cash in from sales customers and cash out to suppliers) 6. Approving all daily accounting journals. 7. Preparing and reviewing periodic financial statements such as trial balance report, income statement, financial position and managerial reports. 8. Analyzing and segregating costs based on Variable and Fixed costs in order to: 9. Pricing our products as well as quoted a competitive price in the market. 10. Determined sales (amount & volume) breakeven point and targeted income. 11. Determined non added value costs to eliminate it and compete other competitors through giving discounts. 12. Periodic review of all actual manufacturing costs of finished products. 13. implement standard costing method and prepare managerial reports that demonstrate variances between actual incurred costs and standard budgeted costs. 14. Maintaining and following sources of finance in banks as well as reviewing bank facilities contracts, such as; loans, promissory notes, overdraft, non cash facilities (letter of guarantees – advance, progress and retention). Show less



ACICO Group

• Kuwait
• Construction
• 300 - 400 Employee

• Chief Accountant

  • May 2012 - May 2014

  Kuwait 1- Generating all types of periodic closing entries through ERP system (Dynamics AX2009). 2- Preparing annual reports; Balance Sheet, Income statement and the master budget through ERP system (Dynamics AX2009). 3- Preparing monthly Performance Report that compare actual operation results with budgeted ones (actual Profit & Loss accounts with its related budget accounts).



ACICO Group

• Kuwait
• Construction
• 300 - 400 Employee

• Cost Accountant

  • Apr 2007 - Apr 2011

  Kuwait 1. Recording and reviewing manufacturing costs of our finished products (construction materials – white blocks) through posting raw materials suppliers’ invoices in ERP system (Dynamics AX), as well as posting other manufacturing costs whether variable or fixed manufacturing costs. 2. Preparing manufacturing performance reports that compare actual manufacturing process results with its related standards such as a report that compare actual raw materials quantities consumption with its… Show more 1. Recording and reviewing manufacturing costs of our finished products (construction materials – white blocks) through posting raw materials suppliers’ invoices in ERP system (Dynamics AX), as well as posting other manufacturing costs whether variable or fixed manufacturing costs. 2. Preparing manufacturing performance reports that compare actual manufacturing process results with its related standards such as a report that compare actual raw materials quantities consumption with its standard consumption, a report that shows the volume of manufacturing standard deviation between actual production costs and standard costs.

• Senior Accountant

  • Feb 2003 - Mar 2007



Al Masaken Intl. Real Estate Dev. Co

• Senior Accountant

  • Jul 2001 - Jan 2003

  Kuwait 1- following sales of private villas for local customers. 2- creating receipts vouchers through Al-Shamel accounting software. 3- preparing bank reconciliation. 4- preparing reconciliation accounts between Al-Masaken Real Estate account and its parent company Acico Industries. 5- Making all periodic accounting reconciliations J.Vs through Al-Shamel software.



Al-Jal Real Estate

• Accountant

  • May 1999 - Jun 2001

  Kuwait 1- creating all financial transactions such as J.Vs , receipts vouchers, payments vouchers through accounting system. 2- preparing monthly bank reconciliation. 3- handling petty cash.