Ashraf Hasan Ismail

Financial Manager – CPA

Ensan Organization

Mobile Number: +965 - 94429830 - 65715552

Email Address: ad48fs@r.postjobfree.com

Personal Summary

• Contribute to the development and achievement of Finance & Accounting Department strategic objectives, KPIs and Business Plans in line with Company's strategy.

• Oversee the consolidation of the Finance Department’s annual budget and ensure all employees are working within the assigned budget by setting the required targets and responsibilities.

• Review all financial statements and ensure the accuracy of entries to general ledger accounts, and documentation of business transactions, maintain general ledger by transferring subsidiary accounts, preparing a trial balance, and reconciling entries.

• Ensure the preparation of quarterly and annual financial statements with consolidated statements in a timely and accurate manner.

• Review and present reports on budget activity, including identification of potential problems and recommendations for corrective actions, forecast trends and make recommendations accordingly.

• Monitor the implementation and maintenance of accounting control procedures and ensure compliance of all activities with local financial authorities’ rules & regulations and International Accounting Standards and Local Financial Reporting Standards to ensure the reliability of financial information.

• Monitor accounting balances, interpret cash flows, and take corrective actions, when necessary, in order to ensure successful resolution of discrepancies.

• Prepare and submit reports presenting the financial performance of each month, in addition to submitting reports covering the Finance Department’s activities to the Top Management, as requested.

• Responsible for providing accurate and timely financial reporting, thereby ensures effective financial controls and compliance with company rules and regulations.

• I support management to drive profit and cash exponents.

• Manages and reconciles profit and loss accounts, balance sheets, and cash flow statements for all subsidiaries.

Personal Information

Birth date: 10 March 1968

Nationality: Egypt

Residence Country: Kuwait

Preferred Job: Financial Controller/ Manager Field: Accounting and Auditing

Work Experience

Total Years of Experience: 28 years, 4 months

1-Financial Controller at First Kuwaiti General Trading and Contracting Company April 2016 – Sep2020

Kuwait - Al Kuwait

Main Roles:

- Oversee the establishment and implementation of Department policies, goals, objectives, and procedures.

- Ensure that financial plans, policies, and procedures are consistent with the overall goals and objectives of the company.

- Develop departmental business plans that are in line with company strategies and objectives.

- Monitor costs and resources in day-to-day activities.

- Hold responsibility for department staffing and budgeting projections. Technical Duties.

- Prepare and monitor financial and regulatory reports, budgets, cost reports, cash flow analyses and financial forecasts required by laws, regulations, and BOD.

- Set necessary controls to safeguard assets and resources.

- Audit and evaluate financial reporting systems, accounting and collection procedures and processes, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.

- Develop and analyze information including sales, expenditures, and capital asset values to assess the current and future financial status of branch.

- Develop management mechanisms for the purpose of minimizing the financial risks and reducing costs.

- Ensure that the financial records are accurate, properly documented and compiled at the end of the month.

- Audit monthly payroll sheet and handle all tax, Zakat, and social security issues.

- Develop external relationships with appropriate contacts, including customers, suppliers’ auditors, solicitors, and bankers to solve and negotiate any outstanding financial problems. - Prepare and present business plans, investment memoranda, feasibility studies, financial plans and reports, annual budgets and other financial or business documents.

April 2016 – Sep2020

2-Finance Manager at Beyout Investment Group

Kuwait - Al Kuwait Sept 2013 - March 2016

Main Roles:

- Oversee the establishment and implementation of Department policies, goals, objectives, and procedures.

- Ensure that financial plans, policies, and procedures are consistent with the overall goals and objectives of the company.

- Develop departmental business plans that are in line with company strategies and objectives.

- Monitor costs and resources in day-to-day activities.

- Hold responsibility for department staffing and budgeting projections. Technical Duties.

- Prepare and monitor financial and regulatory reports, budgets, cost reports, cash flow analyses and financial forecasts required by laws, regulations, and BOD.

- Set necessary controls to safeguard assets and resources.

- Audit and evaluate financial reporting systems, accounting and collection procedures and processes, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.

- Develop and analyze information including sales, expenditures, and capital asset values to assess the current and future financial status of branch.

- Develop management mechanisms for the purpose of minimizing the financial risks and reducing costs.

- Ensure that the financial records are accurate, properly documented and compiled at the end of the month.

- Audit monthly payroll sheet and handle all tax, Zakat, and social security issues.

- Develop external relationships with appropriate contacts, including customers, suppliers’ auditors, solicitors, and bankers to solve and negotiate any outstanding financial problems. Prepare and present business plans, investment memoranda, feasibility studies, financial plans and reports, annual budgets and other financial or business documents.

3-Financial Manager at Kuwait Building House Subsidiary from Beyout Investment Group

Kuwait - Al Kuwait December 2010 - August 2013

• Handled the tasks of supervising the preparation, maintenance and presentation of internal and external financial data

• Prepared and analyzed monthly operating results for each department, costing and margins

• Responsible for maintaining accounting files and charts

• Established and monitored internal controls and ensured that accounting activities are in accordance with legal, government and company policies

• Ensured that the accounting procedures of the company conform to the accepted accounting principles

• Supervised and monitored accounting staff

• Handled the tasks of account payable and account receivables

• Oversee daily operation of financial department

• Assisted senior management in forecasting and preparing financial statements

4-Finance Manager at Sultan Center

Kuwait March 2005 - April 2008

Managing Accounts and all related financial work for the following four subsidiaries in the Sultan Center:

1- Sultan Telecommunication (contracting co-supply installation -maintenance contract for telecommunication system-telecom supervisory and network management

system)-fiber optic cable works.

2- United Security Group (trading for security equipment security service)

3- Style Co (Fashion & Gifts Co)

4- ATCO (contracting civil works constructions) Job Responsibilities:

Leading a team of accountants who were responsible for the following duties:

• Bank and cash Payments

• Reconciliation of Bank, Branches, Debtors and Creditors, etc.

• Forecasted Cash Flow on daily, weekly and monthly basis.

• Aging of Accounts Payable & Receivables.

• Preparing Cost and Profitability Sheets

• Cost Analysis

• Preparing monthly P& l

• Preparing Balance Sheets

• Cost Analysis

5- Chief Accountant and Internal Auditor at Al Khorafi Group

Kuwait August 1994 - February 2005

- Handling all accounting works with a team of ( 2 ) senior accounts 10 accountants responsible for :

- Day to day work

- G/l accounts

- Subcontractor Accounts

- Suppliers

- Customers

- Preparing balance sheet

- Preparing income statement

- Preparing statement of cash flow

- Deal with internal auditors

- Preparing annual report

Education:

-Bachelor' s degree / Accounting and Financial at Ain Shams

Egypt - Cairo Sept 2005

-Diploma in Computer at Sadat Academy for Computer

Egypt, t August 1992

Skills

- Strategic planning, accounting & financial management, financial analysis / Level: Expert

- Cash flow management, credit management, financial reporting & ratio analysis / Level: Expert

- Auditing, budgeting & forecasting / Level: Expert

- Asset management, general accounting management, banking, contractual negotiations

,invoicing Level: Expert

- Analytical skills, ability to work under pressure, decision making &problem-solving skills / Level: Expert

- Impact at senior levels -influence others -provide professional leadership -act decisively

/ Level: Expert

Effective decision making / Level: Expert

Languages

English / Level: Expert

Arabic / Level: Native

French / Level: Beginner

Professional Certificates

1- CPA Issued in: 2009

2- B1A3 (British Counsil / Kuwait) Issued in: April 2012 Expiry date: June 2012

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