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finance Director

Location:
Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates
Posted:
December 24, 2019

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Resume:

CURRICULUM VITAE

Marwan Zoobi

MBA-Accounting-- University Of Phoenix – AZ .USA

CMA-Member ID-7718638

Telephone: +971**-*******

Email: ada4zi@r.postjobfree.com or ada4zi@r.postjobfree.com

http://www.linkedin.com/pub/marwan-zoobi/16/725/562

PROFESSIONAL PROFILE

MBA – Accounting, Senior Management Executive with more than 26 years of successful strategic business planning, financial & corporate leadership experience conceptualizing ideas, Portfolio of investment and operational real estate assets, Financial Due diligence, corporate governance. IPO,M&A Business Transformation,automate and Re-engineering existing business processes. Seizing opportunities, building operations, leading highly successful new business development initiatives, Complete P & L responsibility. Sets forth desired objectives, develop procedures, and propose changes in existing methods, Ability to perceive opportunities and to penetrate new markets. Recognized talent for developing and implementing strategies to propel an organization to a position of leadership within its respective market and simultaneously achieve corporate goals. Proven record of success in the fields of Strategic Finance, Information Technology and Business Development.

SENIOR EXECUTIVE

Organizational Restructuring Business Turnaround Strategic Planning

FINANCIAL MANAGEMENT STRATEGIC PLANNING OPERATIONAL MANAGEMENT

CHANGE MANAGEMENT LEADERSHIP & DEVELOPMENT LEAN MANAGEMENT TURNAROUND MANAGEMENT ORGANISATIONAL RESTRUCTURING M&A LEADERSHIP

~ Lead GCC & international teams of up to 80 with annual revenue of $18+Billion

Key Management Skills:

Financial Reporting Planning, Performance and Control

FINANCIAL DECISION MAKING

A. External Financial Reporting Decisions

A. Financial Statement Analysis

B. Planning, Budgeting & Forecasting

B. Corporate Finance

C. Performance Management

C. Decision Analysis and Risk Management

D. Cost Management

D. Risk Management

E. Internal Controls

E. Investment Decisions

* IFRS Reporting, Valuation of financial instruments and derivate according to

IFRS 15 Revenues with Contracts Ex( IAS 11,18),16 Leases, IAS 39(IFRS 9) and IFRS 7 IAS 40(invst.Properties)

* Business Strategy Development and Implementation & add value to investments

* Cash flow Forecast, Ratio Analysis, Budgeting, Break-Even-Point

* Executive Leadership & Supervision * Tax compliances through MIS system pertaining to Excise, Sales tax, Entry Tax, VAT & Service-tax

Withholding Tax.

* Preparing Financial Due diligence, corporate governance.

* Complex Negotiations & Deal Structuring,

* Feasibility Studies, Profitability Improvement

CAREER SUMMARY

Jan 2014 -To Date Area Finance Director –GCC/Intl / Arabtec Holding

CFO Arabtec Subsidiaries www.Arabtecuae.com

Oilfield & Marine (Target eng)EFECO(MEP) Manufacturing(Austrian Ready mix, Arabtec Precast,gulf steel )Trading( heavy duty cranes and machines )

UAE – KSA-Qatar-Kuwait-Bahrain www.arabtecholding.com

Milestone Achievement:

-Policies and procedures: Designing, developing and implementing new policies and procedures. Apply and test financial policies and procedures in the area of the responsibility; support the company’s business strategy and objectives.(Finance P&P, Finance Operations Process Flows and Narratives,Accounting, petty cash, Purchase, plant . commercial )

-DOA( Delegation of Authority) : Prepare and design Arabtec Holding, Arabtec Construction and 8 Subsidiaries ) as part of committee .

-Oracle Implementation: Oversee the implementation across the area in order to provide the companies with the internal controls and financial analysis to support its business plan. Hyperion Financial Management.

-Oracle’s Primavera Unifier: design and review the project lifecycle management solution for capital planning, project delivery, cost control, and facilities and real estate management. Governance across all project phases, from planning and building to operations and maintenance.

-5 billion SR, 5000 Villas Cost & project life cycle control : prepare the mechanism to control the budget of Saudi National Guard villas ( eastern Area- Al Ehsa), a well as cost control ( CRV) cost reconciliation value .

-Develop the MIS for the finance division : identify and highlight key issues, which need to be brought to the notice of the Head - Finance to ensure that the required corrective action is taken where required.

Responsibilities:

Supports the Group CFO and CEO subsidiaries in the preparation of budgets and financial reports, including income statements, balance sheets.

Strategy development and delivering on the business plan, whilst building capability across the business to manage risks and opportunities and leverage its core capabilities for driving performance through the businesses through setting correct KPIs and rigorous reviews, responsible for Balance sheet and Asset management as well as fund raising at optimal gearing, tenure and interest rates, Manage the Shared Financial services interface with the different Group’s units.

Advise on the commercial and financial implications of proposed investments and manage submissions to Group Investment Committee and monitor progress post implementation and provide an on-going overview of joint venture and outside shareholder relationships

Review and approve major capital investments including projects, partnerships & joint ventures, investments, mergers and acquisitions, disposals and business integration as required.

Develop and implement appropriate Capital Budgeting, Capital structure and funding strategies for all real estate projects and assets across the region. This includes project evaluation, funding, refinancing options and securing new funding.

Documentation and analysis: Ensure flow of documentation and reporting: prepare financial and cash reports and all relevant documents related to statutory accounting and taxation on monthly, quarterly and annually basis.

Gap Closing: Identify, close and mitigate gaps from ad hoc findings, internal audit findings and reports. Identify the causes and improve the process of gap closing.

Transactions: Manage intra company transactions and cash flow related to it.

Efficiency of Area: Attract, motivate and develop people within the area in order to ensure the support of qualified and competent personnel for the finance function throughout the companies.

Tax Management: Manage tax in the area of responsibility and ensure linkage to global tax planning in the Arabtec group.tax compliances through MIS system pertaining to Excise, Sales tax, Entry Tax, VAT & Service-tax, withholding Tax.

Oracle’s Primavera Unifier: project lifecycle management solution for capital planning, project delivery, cost control, and facilities and real estate management. Governance across all project phases, from planning and building to operations and maintenance.

Prepare PERT chart (Program Evaluation Review Technique) analyse and represent the tasks involved in completing a given project.

Prepare the Critical Path Method (CPM), plan all tasks that must be completed as part of a project, preparation of a schedule, and of resource planning. During management of a project, monitor achievement of project goals. Illustrate remedial action needs to be taken to get a project back on course.

June 2009-To Jan 2014 Chief Financial Officer / TANMIYAT REAL ESTATE INV

Acting COO ( 2 years )

UAE(Dubai – Ajman Marina)/KSA/Mauritania www.tanmiyat.com

Milestone Achievement:

-Policies and procedures: Designing, developing and implementing new policies and procedures. Apply and test financial policies and procedures in the area of the responsibility; support the company’s business strategy and objectives.(Finance P&P, Finance Operations Process Flows and Narratives,Accounting, petty cash, Purchase)

-ERP GP Dynamic Implementation: Oversee the implementation across the area in order to provide the companies with the internal controls and financial analysis to support its business plan. Project accounting Module Financial Management.

-500 Luxury Villas – Dubai land and 12 residential towers + 3 luxury commercial and residential tower in Business bay area: prepare the mechanism to control the implementation of phases scenario solution in terms of cashflow management.

-RERA requirement : meet RERA requirements after a several discussions with RERA CEO after the crisis of 2008 and derive a new project strategy in order to meet the same .

Responsibilities:

Contributes to the achievement of the company objectives by providing advice and guidance on financial strategy.

Review and approve recommended policies and procedures governing the conduct of Financial management and Investment management as well as ensuring financial and accounting standards, internal controls and policies are in line with relevant local and international standards.

Maintaining existing finance structures, consolidating and reorganizing the finance structure of the regional division as well as formulating finance structure,systems and controls for new entities/ projects.

Maintaining and updating the governance framework, monitoring compliance with requirements in framework, coordinating governance and Investment committees, monitoring certain business processes, including adherence to Real Estate DOAs’.

Strategy development and delivering on the business plan, whilst building capability across the business to manage risks and opportunities and leverage its core capabilities for driving performance through the businesses through setting correct KPIs and rigorous reviews, responsible for Balance sheet and Asset management as well as fund raising at optimal gearing, tenure and interest rates, Manage the Shared Financial services interface with the different Group’s units.

Review and recommend annual business plans and budgets to deliver strategic and operational financial management objectives as well as the Real Estate budget annually.

Advise on the commercial and financial implications of proposed investments and manage submissions to Group Investment Committee and monitor progress post implementation and provide an ongoing overview of joint venture and outside shareholder relationships

Review and approve major capital investments including projects, partnerships & joint ventures, investments, mergers and acquisitions, disposals and business integration as required.

Develop and implement appropriate Capital Budgeting, Capital structure and funding strategies for all real estate projects and assets across the region. This includes project evaluation, funding, refinancing options and securing new funding.

Controlling capital budgeting, capital allocation and capital structure assessment. Monitor cash flows, elaborate and execute programs for the provision of capital required by the company, including negotiating the procurement of debt and equity capital and maintaining the required financial arrangements.

Oct 2005–May 2009 Financial Controller / SOROUH Real Estate PJSC

Abu Dhabi – UAE www.aldar.com BM:www.sorouh.com

Main Achievement:

Maintaining strong banking relationships FGB& ADCB.

Maintain the IPO and Approach from Securities & Commodities Authority and ADSM – SOROUH become listed in Dec 2005.

Al Maabar Int’l – MOA: Coordinated with the lawyers from Simmons & Simmons in order to meet the Partners Requirements and Comments.

Maintain the Implementation of ERP (Great Plains and ORACLE 2008) Financial Module and Project Accounting in order to meet our reports requirement as per the IFRS.

Prepare the Accounting Procedures as per the Internal Accounting Standard (IAS)

Prepare the purchase procedure and forms

Prepare the Credit Strategy in order to maintain the cash management.

Maintain investment portfolio (Shares ADSM-DFM) (1 year).

Responsibilities:

Analyzing financial information and preparing( BUDGET) reports necessary for CFO,CEO And B.O.D (quarterly)

Preparing the financial statements on time and completing the external audit process.

Review and approve recommended policies and procedures governing the conduct of Financial management and Investment management as well as ensuring financial and accounting standards, internal controls and policies are in line with relevant local and international standards.

Maintaining existing finance structures, consolidating and reorganizing the finance structure of the regional division as well as formulating finance structure, systems and controls for new entities / projects.

Presenting reports and comparative statements on time and discussing it with relevant Directors.

Develop and implement appropriate Capital Budgeting, Capital structure and funding strategies for all real estate projects and assets across the region. This includes project evaluation, funding, refinancing options and securing new funding.

Controlling capital budgeting, capital allocation and capital structure assessment. Monitor cash flows, elaborate and execute programs for the provision of capital required by the company, including negotiating the procurement of debt and equity capital and maintaining the required financial arrangements.

undertaking feasibility studies on potential contracts and maintaining strong banking relationships.

1999–2005 Financial Controller/Manufacturing - refrigeration, air-conditioning

ABU DHABI ELEC & AIRCONDITIONING REFRIGERATION EST (ADEAREST)

www.grasso-adearest.com

Main Achievement:

-Bank relationship : fund the Major projects. project cash flow

-Policies and procedures: Designing, developing and implementing new policies and procedures. Apply and test financial policies and procedures in the area of the responsibility; support the company’s business strategy and objectives.(Finance P&P, Finance Operations Process Flows and Narratives,Accounting, petty cash, Purchase)

-ERP GP Implementation: Oversee the implementation across the area in order to provide the companies with the internal controls and financial analysis to support its business plan. Project accounting Module Financial Management.

-Control the projects budgets Vs Actual : prepare the mechanism to control the projects Vs Budget through the ERP system on monthly basis .

-Inventory control : Link the stores /inventories items to be controlled in one unit .

Responsibilities:

Analyzing financial information and preparing(BUDGET) reports necessary for G.M and B.O.D Directs budget and cost controls and comparative statements and discussing it with relevant manager.

Preparing the financial statements on time and completing the external audit process.

Contributing to strategic planning and development as a member of executive team, and probably keeping and distributing notes and records, reports to executive and management team.

Maintains vendor and customer relations. Cash flow reporting and forecasting.

Ensure that internal controls included in finance processes are properly performed for all activities in conjunction and adherence to IFRS.

1993–1999 Group Chief Accountant/ERP System Manager –Group of companies

BROTHERS Group Abu Dhabi ( TRADING –RETAIL – CONSTRUCTION)

Main Achievements :

1-Implement and supervise complete accounting package for Trading /Construction

2-Control the inventory and projects cost centre using the system.

3-included the overall implementation of a comprehensive integrated ERP computer solution system for the whole Group (Finance, Procurement, Sales, reservations and HR), as well as the introduction of working policies and procedures across the Group with a view towards achieving ISO 9001 quality certification.

preparation of Budgets, forecasts and overall financial plans and detailing them up to departmental level, and Project cost Control.

The preparation of Financial Statements,Supervision and management of L\C’s L\G’s and supplier accounts,

attend project kick-off meetings and ensure that all finance related requirements are properly addressed.

Ensure appropriate and fair accounting for the following items:

a. Project costs, Materials, Consumables, Subcontractors, Internal staff hire, Internal plant hire, General & Admin,Project accruals, Project payments and liabilities, Project receipts and receivables, Monthly POC calculation.

EDUCATION AND QUALIFICATIONS

M.B.A – Accounting - University Of Phoenix – AZ .USA

B.B.A Equivalent(Add courses)-A.U.B.(American University of Beirut)

HIGHER DIPLOMA OF TECHNOLOGY IN BUSINESS

INFORMATION SYSTEMS& MANAGEMENT (B.I.S.M)

PROFESSIONAL DEVELOPMENT & CERTIFICATION

Preparing & Controlling Effective Budgets (ADNOC- SEMINAR)As Lecturer

Customer & Project Life Cycle, Touch-Map, Policies, Process and Procedures- Peppers & Rogers

Financial Modelling in Excel - Dubai – EUROMONY TRAINNING

IFRS PPE & Intangible Assets – IMA

IFRS- Financial Instruments - IMA

Business Ethics & Corporate Finance - IMA

Risk Challenge Culture – IMA

Transformational Leadership - IMA

IT SKILLS

Proficient in: WINDOWS – OFFICE(Excel Financial,Power point presentation INTERNET(SKILLFUL).

Oracle ( Financial )Great Plains (ERP) -MERLIN(Oracle database)/SAGE

Financial Modelling Excel.

LANGUAGES

ARABIC - ENGLISH - FRENCH.

PERSONAL DETAILS

Nationality Lebanese

Date of Birth 01st April 1972

Marital Status Married, 3 Kids

Driving License UAE

Interests Swimming, Music, Cinema & Reading

REFERENCES ARE AVAILABLE ON REQUEST



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