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Manager Accounting

Location:
Al Ahmadi Governorate, Kuwait
Posted:
May 15, 2018

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Resume:

Abdulnaser Hamdan

Contact: Mob. +965-******** E-Mail: **********@*****.***

ــــــــــــــــــــــــــــــــــــــــــــــــــــــــــ Personal Profile :

Jordanian national, educated in Kuwait, university in India and further professional studies. I have a strong result orientation and the capability of achieving objectives with effective organizational and communication skills.

Objective :

Undertake managerial role in Finance & HR/Admin management at a senior level where I can invest my assets and credentials.

Education, Training & Development :

Bachelor of Commerce – Major in Financial and Cost Accounting & Auditing (India / 1985).

Membership in The Institute of Management Accountants (IMA).

Work knowledge of International financial reporting standards & International standards on auditing.

Knowledge of computer applications & accounting automated systems.

Knowledge of Kuwaiti labor law & with administrative experience.

Regular self-development through professional group discussions & focused job related readings. Work Experience, Skills & Abilities :

Over 25 years of work experience in Financial Management and Audit utilized with international professional firms and major companies in Kuwait.

Finance Manager – English Playgroup Educational Co. – Kuwait (Dec. 14 – Present) A large local Company engaged in rendering Educational services to Early Years stage & Primary stage that has over 1000 staff & services distributed over 20 branches. Tasks & Achievements:

Designed company's accounting structure & Chart of accounts and implemented accounting automated system (Microsoft Dynamics AX – 2012 R3) to help speed data processing and provide timely & accurate management and financial reports.

Developed & ensured accounting policies & procedures are operating effectively & in compliance with corporate policies with proper controls to safeguard company’s assets with max. efficient usage.

Prepared detailed operating budget, both annual and rollover as per approved business plan.

Prepared monthly financial report and investigated unusual variations between actual performance & budget, assessed the effectiveness of budgetary controls and provided necessary comments.

Monitored financial performance of various divisions & branches including inventory management, capital & operational costs and coordinated with division heads towards improving business processes to increase efficiency, add value & reduce costs.

Prepared financial statements & cash flows with necessary analysis.

Supervised investment of funds & credit facilities with banks.

Dealt and negotiated with suppliers and private & govt. institutions.

Planned, organized and supervised the work of (8) accountants and provided them necessary training. Finance & HR/Admin. Manager – Gulf Paramount for Electrical Services – Kuwait (Apr. 05 – Nov. 14)

A factory with over KD 3.5 million of assets engaged in manufacturing & trading of insulated coils and copper strips & conductors, and rewinding of low & high voltage motors and transformers. Tasks & Achievements:

Finance Tasks:

Designed company's accounting structure & implemented accounting automated system to help speed data processing and provide timely & accurate management and financial reports.

Developed & ensured accounting policies & procedures are operating effectively & in compliance with corporate policies with proper controls to safeguard company’s assets with max. efficient usage.

Prepared detailed operating budget, both annual and rollover as per approved business plan.

Prepared monthly financial report and investigated unusual variations & effectiveness of budgetary controls and prepared comments report.

Assist GM in overseeing factory operations by providing financial & operational recommendations to improve overall performance.

Monitored financial performance of various divisions including inventory management, capital & operational costs and coordinated with division heads towards improving business processes to increase efficiency, add value & reduce costs.

Prepared financial statements & cash flows with necessary analysis.

Supervised investment of funds & credit facilities with banks.

Dealt and negotiated with clients, suppliers and private & govt. institutions.

Planned, organized and supervised the work of accountants and provided them necessary training. HR & ADMIN Tasks:

Design, development and implementation of company policies and ensuring all policies and procedures are up to date with current laws and regulations.

Establishing and maintaining a variety of HR records and files, keep the employees file updated and in good shape.

Recruitment of staff.

Administer payroll, process all types of additions & deductions as per Kuwait Labor Law.

Maintain employee relations.

Process Final Settlements and conduct ‘exit interviews’ for departing staff.

Maintain relationship with government ministries (labor etc

Compliance to employment and labor laws and regulations.

Perform the renewal of contracts and preparations of residency visas.

Handle performance appraisal.

Employee services and counseling.

High leadership and communication skills.

Assist and advise company Managers about Human Resources issues.

Responsible for ensuring that information available on ERP system is accurate and up-to-date. Audit Manager – Experience Auditing Office – Kuwait (Jun. 00 – Mar. 05) A local professional firm specialized in rendering professional services such as auditing, accounting, financial analysis and claim preparation.

Tasks & Achievements:

Executed accounting systems & financial analysis and consolidations.

Engaged in the audit of many clients with variety of businesses.

Carried out audit budgeting and fees negotiations with clients.

Planned for audit engagements and developed audit programs.

Evaluated internal controls and extent of compliance with management policies & procedures.

Discussed deviations with client's management and recommended objective opinion through management letter.

Supervised and reviewed audit work of (2) staff during the course of audit testing.

Prepared F/S's and cash flows.

Finance Manager – Naif Food Co. – Kuwait (Aug. 96 – May 00) KD.2 million fast food processing company having 6 area managers and more than 400 employees distributed on 30 sale outlets all over Kuwait.

Tasks & Achievements:

Prepared annual & rollover operating budget as per approved business plan.

Reviewed deviation between budgeted and actual performance and recommended corrective actions.

Monitored financial performance of various divisions including inventory, capital costs & general expenditure.

Coordinated with division's heads towards improving business processes to increase efficiency, add value & reduce costs.

Applied control over company's assets to ensure maximum efficient & economical usage.

Managed bank facilities and held contacts with bank accounts managers.

Dealt with clients, suppliers, private & Govt. institutions.

Designed and implemented accounting information system.

Planned and organized the work of (3) accountants.

Prepared financial statements and cash flows.

Clarified effects of F/S's on performance and recommended adequate measures to improve efficiency

& profitability.

Audit Supervisor – PKF Bouresli & Co. – Kuwait (Mar. 94 – Jul. 96) A large professional firm worldwide, associated with Bouresli Auditing Office specialized in rendering professional services of Auditing and Accounting.

Tasks & Achievements:

Engaged in the audit of 20 clients in different fields of business.

Carried out audit budgeting and negotiated fees with clients.

Planned for audit engagements and developed audit work programs.

Evaluated adequacy of internal controls and extent of compliance with management policies & procedures.

Discussed exceptions with clients and objective opinion submitted through management letter.

Prepared financial statements and cash flows.

Supervised and reviewed audit teamwork of (3) staff.

Executed accounting systems analysis, consolidation and financial analysis.

Accomplished damage assessment reports for (50) clients that have been accepted by United Nations Compensation Commission (UNCC).

Senior Auditor – Kuwait Auditing Office - Al-Bazie & Co. (Arthur Andersen) –Kuwait (Sep. 85 – Feb. 94)

One of biggest (5) firms worldwide, associated with Kuwait Auditing Office specialized in Auditing, Accounting, Business consulting and professional services. Tasks & Achievements:

Engaged in the audit of several major companies in Kuwait in the fields of investment, construction, wholesale, retailing, manufacturing, services and real estates.

Carried out audit budgeting and negotiating fees with clients.

Planned for audit engagements and developed audit work programs.

Evaluated adequacy of internal controls and extent of compliance with management policies.

Discussed exceptions and deviations with clients and objective opinion with remedial guidelines were submitted through management letter.

Supervised and reviewed audit team work of (2) staff during the course of audit testing with significant participation and concluded on work performed as basis for reporting on financial statements.

Prepared financial statements and cash flows.

Personal Qualities :

Self-Motivated, confident, ethical & recognized for high degree of integrity.

Team spirited and work in harmony with all staff. References :

To be furnished upon request.



Contact this candidate