Mohammed Yunus

Chief Financial Officer at Muscat Insurance Company SAOG
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Contact Information
us****@****om
(386) 825-5501
Location
Muscat, Masqaţ, Oman, OM

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Experience

    • Oman
    • Insurance
    • 1 - 100 Employee
    • Chief Financial Officer
      • Mar 2016 - Present

    • United Arab Emirates
    • Retail
    • 700 & Above Employee
    • Vice President - Operations Control
      • Jul 2014 - Feb 2016

    • Kuwait
    • Insurance
    • 1 - 100 Employee
    • Vice President - Finance & Admin
      • Sep 2013 - Jun 2014

      Preparing, monitoring and reporting on annual budget and long terms business plan/budget Monthly MIS report comparison with budget and variance analysis with explanations Accounts finalization, scheduled preparation for financials and audit, prepare reports for presentation to the Board of Directors Ensure to process and maintain treaty and reinsurance accounts Responsible for prepare and submission of various returns, reports, forms to regulators at periodic intervals Resolved insurance regulation related matters with CMA as and when necessary Facilitated relationship with bankers and negotiated optimum deposit rates and service charge Build client relationship with customers, brokers and agents for ensuring prompt realization of receivables. Prepare and file Income Tax & WHT returns and prepare and submit the responses on income tax assessment queries. Reviewing and authorizing various payments and cash flow management and reporting Reporting on market information and preparing investment proposals for consideration by the investment committee and executing/implementing decisions accordingly Engage in recruitment process including requirement listing with department heads, head hunting, short listing and reviewing candidates and finalizing terms of employment. Team building in each department and maintaining a succession plan and strategy instill employees motivation across all levels Ensure maintenance of employees’ personal files and HR data and implement HR policies and procedures Ensure compliance with local rules & regulations by obtaining necessary licenses and approvals Maintain adequate control over company’s assets Coordinating with Group IT Dept for IT related issues Additional responsibilities - Compliance Officer, Anti-Money Laundering Officer, Secretary to Investment Committee and Secretary to Audit Committee Show less

    • Qatar
    • Insurance
    • 200 - 300 Employee
    • VP-Finance & Admin
      • Apr 2011 - Aug 2013

    • AVP-Finance & Admin
      • Jan 2008 - Mar 2011

      AVP at Oman Qatar Insurance Co (OQIC) - A subsidiary of Qatar Insurance Group

    • Chief Accountant
      • Aug 2006 - Dec 2007

    • Saudi Arabia
    • Investment Management
    • 200 - 300 Employee
    • Senior Internal Auditor
      • Aug 2001 - Jul 2006

      Responsible for preparing audit plan for the year and get the approval from the management. Performs the audit in professional manner in accordance with approved audit plan Evaluate the adequacy of procedures and accuracy of records and check their suitability for corporate objectives. Ensure compliance with work policies and procedures. Make presentation to Group Internal Audit Manager at the conclusion of examinations. Discuss deficiencies and recommend corrective & preventive actions to improve operation and reduce cost Prepare formal internal audit reports and recommendations. Follow up for implementing the same Responsible for co-ordination and delegation of works to assistants. Show less

    • India
    • Financial Services
    • 700 & Above Employee
    • Accounts & Compliance Officer
      • Jul 2000 - Feb 2001

Education

  • The Institute of Chartered Accountants of India
    CA
    1996 - 1999
  • Bangur College, Pali (Rajasthan)
    M. Com
    1994 - 1997
  • Bangur College, Pali (Rajasthan)
    Bachelor's Degree, Accounting and Finance
    1992 - 1994

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