Tarek Ghalayini

+974-****-**** ad4ziu@r.postjobfree.com

Career Summary

Results-driven Finance and Administrative leader with a three-decade track record of excellence in steering financial and administrative operations in diverse industries and institutions. This includes but is not limited to international firms in the Healthcare, Media, and Construction sectors. Known for adeptly leveraging financial acumen and analytical skills to deliver tangible results, I have consistently contributed to the success of organizations by implementing sound financial strategies and overseeing administrative functions. Proficient in utilizing MS applications and excelling in financial analysis through MS Excel, I bring extensive hands-on experience with enterprise resource planning systems, including Oracle, GP IBM, and SAP. Also, demonstrated expertise within the Hospitals and Health Insurance sectors in Qatar and Jordan. This was exemplified through orchestrating the establishment of robust financial and administrative frameworks for multiple medium to large-scale hospitals from their foundation stages. Notably as well, I played a pivotal role in resolving complex financial challenges within a Jordanian hospital through innovative initiatives such as lease versus buy trade-offs and strategic debt reduction. Professional Experience

Egyptian Belgian Co. for Windows & Doors System W.L.L., Qatar, October 2019 – Present Finance & Administrative Manager

• Managed financial and administration teams.

• Reported to management and stakeholders.

• Produced financial reports related to budgets, account payables, account receivables, expenses, etc.

• Developed long-term business plans based on aforementioned reports.

• Reviewed, monitored, and managed budgets.

• Developed strategies to minimize financial risk.

• Monitored cash flow and cost-reduction opportunities.

• Ensured the business meets all its statutory and compliance obligations, including statutory accounting and tax issues.

• Developed relationships with external contacts such as auditors, banks and tax department.

• Compared costs, pricing, variable contributions, sales analysis and the company’s actual performance to the business plans.

• Established and maintain financial policies and procedures for the company

• Tracked the cost of tangible and intangible fixed assets in addition to calculating and recording depreciation and amortization.

• Presented financial reports to board members, stakeholders, executives, and clients in formal meetings

• Established and implemented internal controls, and administrative systems, policies and procedures to ensure EGYBEL day-to-day operational activities are efficient and effective and are in-line with approved strategic initiatives and budgetary allocations.

• Maintained personnel files, health benefits and other insurance updates. BeIN Sports & Al-Jazeera Network, Qatar, January 2006 – August 2019 Accounts Payable Section Head

• Supervised 12 section staff members.

• Acted on behalf of the Department Manager fully during his absence.

• Managed critical issues such as TV-right contracts and guest-related payments.

• Selected to be a member of the Health and Life Insurance Committee.

• Appointed as a member of the committee for evaluation of tenders that exceed QAR 2 million in value.

• Developed managerial reporting and directly reported to the Board Chairman.

• Lead on all supplier reconciliations and related adjustments.

• Provided recommendations to top management to help in the making of informed decisions.

• Liaised with governmental parties like the Ministry of Finance, Retirement Department and courts.

• Lead on all financial issues related to general services such as guest residencies, hotels, car rentals and travels.

• Analyzed complex financial data to determine past financial performance to project financial probabilities.

• Lead the process of development of the existing ERP System, through several proposals for addition of features such linking advance payment to purchase order, differed option feature and E-remittance feature.

• Participated in the on-implementation of the ERP system of UK and Asia by testing and implementation the Rights and Accounts Payable Modules.

• Averaged more than 177 daily transactions with a total of 33,000 yearly transactions at an average value of QAR 4 billion.

• Monitored, identified, and communicated over-expenditures to resolve funding shortfalls.

• Managed all accounts payable functions including payments, accounts and supplier reconciliations.

• Processed all overseas bureaus payments and subsidiaries.

• Developed, analyzed and interpreted statistical and accounting data to appraise operational results in terms of profitability, performance against budget and other matters that impact fiscal soundness and operating effectiveness.

• Lead the improvement of the implantation process of payments to freelancers.

• Reviewed, revised and upgraded subordinate reports and furnished financial reports to external parties.

• Managed the planning of taxes while ensuring compliance with the applicable tax throughout the corporation.

• Evaluated and recommended the appropriate values for insurance coverages to ensure protection against property losses and potential liabilities. Al-Ahli Hospital, Qatar, March 2005 – January 2006 Finance Manager

• Set up a comprehensive and effective financial system for the organization.

• Prepared the annual budgets and forecasts of future financial performance.

• Monitored, analyzed and evaluated actual performance against the target budget and advised on improving the financial performance.

• Maintained and ensured timely closing of the Chart of accounts structure to produce monthly operating reports.

• Managed the year-end closing process and coordinated with the auditors for the interim and year- end audit reports.

• Administered fixed assets labelling, coding structure, master list, linkage with business units, location and employees, physical check and all related issues.

• Provided cash flow reports periodically.

• Assisted in the problem-solving of financial issues.

• Upgraded, redesigned and vitalized the internal control system.

• Supervised and verified the payroll for 250 employees.

• Maintained the e-Hope system set-up for all modules. Al-Emadi Hospital, Qatar, January 2004 – February 2005 Finance & Administrative Manager

• Conducted a thorough feasibility study that defined the financial requirements and recommendations.

• Assisted in well-positioning this 38-bed hospital in the market.

• Liaised with banks and other financial institutions to optimize financing requirements and negotiate facilities/loans terms and conditions.

• Conducted negotiations with suppliers of medical equipment and consumables.

• Administered setting up the internal financial and audit systems.

• Maintained the structure of the Chart of accounts and ensured timely closing to produce monthly operating reports.

• Prepared the annual budgets and forecasted future financial performance.

• Monitored, analyzed and evaluated actual performance against the target budget and advised on improving the financial performance.

• Managed the year-end closing process and coordinated with the auditors for the interim and year- end audit reports.

Consulting Hospital, Jordan, February 2003 – January 2004 Deputy General Manager for Financial Affairs

• Initiated a comprehensive and effective financial system for this 117-bed newly established public shareholding corporation.

• Succeeded in providing suitable sources to finance establishing the corporation to meet the shareholders’ expectations through conducting negotiations with bankers and local & foreign investors.

• Prepared, allocated and managed an operating and capital budget of USD 30 million.

• Maintained the structure of the Chart of accounts and ensured timely closing to produce monthly operating reports.

• Managed the year-end closing process and coordinated with the auditors for the interim and year- end audit reports.

Amman Surgical Hospital, Jordan, September 2000 – February 2003 Internal Auditing Department Manager, Deputy General Manager for Administrative Affairs

• Upgraded, redesigned and vitalized the internal control system.

• Assisted in troubleshooting and problem solving in financial issues.

• Initiated 3 major lease or buy studies and recommended changes that resulted in savings of more than USD 200 thousand.

• Convinced bankers to cut off long term debts by USD 5.2 million.

• Evaluated the financial performance of the hospital periodically in terms of profitability, liquidity, leverage and efficiency.

• Lead on cash receipts & disbursements and over receipt/storage/issue of inventory.

• Timely follow up of receivables and payments and efficient use of assets.

• Lead the establishment of policies and procedures to protect resources against waste, fraud and inefficiency.

• Provided cash flow periodical reports.

• Ensured the reliability and accuracy of the computerized information system. Jordan Modern Investment & Trade Co. Ltd., Jordan, December 1999 – August 2000 Finance Manager

Central General Trading & Storage Co. Ltd., Jordan, March1997 – February 2000 Finance & Administrative Manager

Meat and Livestock International Co. Ltd., Jordan, June 1992 – March 1997 Part-time Finance Manager

Vehicles Owners Federation Co. Ltd., Jordan, May 1991 – March 1997 Senior Accountant

Abdeen International Trading Co., Jordan, January 1992 – January 1994 Part-time Accountant

International Audit Bureau, Kuwait, April 1990 – August 1990 Auditor

Al-Kazemi Travel Agencies Co. WLL, Kuwait, September 1989 – March 1990 Accountant

Education

• Bachelors in Administrative Sciences, Yarmouk University, 1990

• Major: Accounting

• Minor: Financial and Banking Sciences

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