Usama Ibrahim AbdelAal
PA Financial at LOOTAH INDUSTRIES GROUP- Claim this Profile
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Arabic & Engish -
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Bio
rida isa
‘Usama is decent , person of high manners, professional and one of the best financial managers I work and deal with RIDA HASSAN
rida isa
‘Usama is decent , person of high manners, professional and one of the best financial managers I work and deal with RIDA HASSAN
rida isa
‘Usama is decent , person of high manners, professional and one of the best financial managers I work and deal with RIDA HASSAN
rida isa
‘Usama is decent , person of high manners, professional and one of the best financial managers I work and deal with RIDA HASSAN
Experience
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LOOTAH INDUSTRIES GROUP
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United Arab Emirates
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Construction
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1 - 100 Employee
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PA Financial
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2016 - Present
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Feedback Market Research (MENA)
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United Arab Emirates
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Market Research
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1 - 100 Employee
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Regional Finance Manager
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Jan 2015 - Feb 2016
Feedback Market Research is a full service market research agency, offering a complete range of qualitative and quantitative services across Middle East and North African region (MENA region)Reporting to the regional Director and the owner, I'm responsible for:• Provide strategic financial inputs to upper management• Setting up financial structure, policies and procedures for the group. • Analyse business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses to provide advice. • Coordinating and coaching the group’s finance team in order to maintain uniformity across branches in UAE, Egypt and KSA.• Prepare monthly MIS reports, review and present them to the top management• Preparation of monthly Trial balance, Profit and Loss account and Balance sheet• Provide reliable cash flow• Oversees work of Controller’s group (GL, AR, AP, etc.) in maintaining accurate accounts and maintaining appropriate controls over financial transactions.• Reviewing and verifying all profit & loss statements, Balance sheet, ratio analysis, cash flow, capital budget statements, and ensuring their conformance to the group’s specified financial and operational guidelines/policies and in adherence to Generally Accepted Accounting Policies (GAAP). Show less
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Finance and Admin Manager
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May 2009 - Dec 2014
Reporting to the Middle East Director and the owner, I was responsible for:• Monitoring and controlling entire accounts department• Prepare monthly MIS reports, review and present them to the top management• Preparation of monthly Trial balance, Profit and Loss account and Balance sheet• Provide reliable cash flow• Developing internal control• Analyze financials (business performance) actual against budget• Prepare the job costs sheets highlighting the prime cost and overheads to arrive profitability of each project. • Analyze the overhead and allocate into projects • Looking after the administration of complete branch in UAE and assisting the other administrators in KSA and Egypt.• As an administrator, ensuring the uniformity in polices of the company, maintaining patty cash, monitoring company’s driver and reception desk. Ensuring smooth flow of services to the employees and their clients. Show less
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Senior accountant
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May 2007 - Apr 2009
Controlling accounts of the company through:• Review all internal controls and highlight weaknesses.• Handle complete books of accounts independently including books of cash transaction, Bank Reconciliation, payroll and other related jobs. • Examine accounting records and prepare financial statements and reports• Preparation of monthly Trial balance, Profit and Loss account and Balance sheet.• Analyze financial statements and reports and provide financial advice.• Age analysis of debitors and timely follow up to ensure debts are collected within allowed credit period.• Maintaining and reconciling of bank accounts.• Cost control and management with detail review and analysis.• Meeting the audit requirements Show less
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Senior accountant
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May 2005 - Apr 2007
Company based in Dubai in retail and wholesale business of garments. Reporting to the partners and the owner, I was responsible for: • Monitor the daily sales and collection processes and prepare related reports. • Maintaining sub ledger of accounts payable & accounts receivable. • Preparation of monthly payroll. • Physical verification of inventory & fixed assets. • Maintaining and reconciling of bank accounts. • Finalization of accounts. • Handling, Analysis and Reporting stock transactions with Dubai Financial Market. Show less
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Accountant
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Feb 2003 - Nov 2004
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Education
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Alexandria University
Bachelor of Commerce (B.Com.), Accounting department -
The American University in Cairo
Accounting and Finance -
Egyptian Academy for Accounting and Computer Science (EAAC)
Financial Accounting Diploma, Accounting