Credit Manager Cobol

Ghassan Said Khanfar

**** ******** **, **** *******, OH 45069

+1-513-***-**** ******@*****.***

Catering / Media – Financial Management/Control Profile

An accomplished and Certified Financial Manager with robust experience acquired over the years in delivering optimal results & business value in high-growth environments and establishing key relationships with business segments globally. Superior mathematical skills; leadership skills and experience; employee management; understanding of data privacy standards. Deep understanding of business principles and practices; superior attention to detail; expertise in organizational skills, planning skills, research skills, analytical skills, critical thinking skills, problem-solving skills, computer skills, multi-tasking abilities; integrity, honesty. Exceptional communication, presentation & interpersonal skills to grasp new concepts quickly and constructively utilize the same.

PROFESSIONAL EXPERIENCE

Jackson Hewitt Tax Service, March 7,2022 to present

Seasonal Paid Tax preparer Duties preparing tax to the public

Country : United State – Ohio – Middletown

Lowe's Home improvement company, July 26 2020 to 03/02/2022

Stocker / Receiver Merchandise - Customer services Loading Unloading Merchandise using forklift-order bicker.

Country : United State – Ohio - Mason

Al Matrook Holding Company,Oct 2015 to Sept 2019

Country, Kuwait

Financial Manager

Collating, preparing, and interpreting reports, budgets, accounts, commentaries, and financial statements

Undertaking strategic analysis and assisting with strategic planning

Collecting, interpreting, and reviewing financial information, predicting future financial trends

Reporting to management and stakeholders and providing advice on how the company and future business decisions might be impacted

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

Interacting with Executive Management & Staff Members to discuss issues, coordinate activities, and resolve problems

Appraising operations to Evaluate Company & Staff Performance in meeting objectives and determining potential cost reduction, program improvement, and policy change

Guiding, planning, and implementing Policies, Objectives, and Activities of Businesses to ensure Continuing Operations, Maximized Returns on Investments, and increased Productivity

Maneuvering and coordinating the activities of Businesses or Departments

Reviewing Reports submitted by Staff Members to recommend Approvals or suggest Modifications

Develop and plan towards the Properties Management to control the maintenance cost variance from one year to the other

Generate a plan for the Rent Collection of the properties and follow up to receive the late Rents from the tenants

Key Achievements:

Designed the financial and accounting system and give it to the computer programmers to execute it

Designed the property system for the property rent collection and maintenance of 42 properties. The holding company has each property consist of 12 apartments.

Appointed as the store manager in the paint factory

Designed the store and production system for the factory to reduce and control the production cost and follow up the work of the store manager

Al Ahafad Holding Company, Kuwait, May 2006 to Jan 2016

Country, Kuwait

Senior Accountnat

Researches and answers Property Managers’ questions regarding tenant statements.

Reviews and approves work such as tenant credit memos, non-recurring tenant billings and questionable cash receipts for entry by Accounting Clerks.

Prepares security deposit refund invoices and delivers to Accounts Payable department.

Prepares tenant account analysis and reconciliations when tenants dispute charges to their accounts.

Reviews accounts payable voucher submissions for legal and repair and maintenance expenses.

Reviews accounts receivable aging’s for delinquencies, cash applications and prepaid rent application.

Calculates and enters monthly contract item accruals such as janitorial, security and utility expenses to match expenses to period incurred, and review trial balance for reversing of same entries in next accounting period.

Calculates and enters rehab capitalization entry.

Prepares balance sheet tie-out to balance the general ledger and commercial management systems.

Prepares Preview Statements and distributes to field to ensure following month’s recurring charges and past due charges are accurate.

Calculates and records appropriate depreciation and amortization of fixed assets, tenant improvements, and leasing commissions.

Provide financial reports and interpret financial information to managerial staff while recommending further courses of action

Advice on investment activities and provide strategies that the company should take

Maintain the financial health of the organization

Develop trends and projections for the firm’s finances.

Conduct reviews and evaluations for cost-reduction opportunities.

Oversee operations of the finance department, set goals and objectives, and design a framework

Manage the preparation of the company’s budget.

Liaise with auditors to ensure appropriate monitoring of company finances is maintained

Al Ahfad Have the following subsidiaries 1- Property Management – Prime 25 (Dubai) 2- Ahafad General Trading (Dubai) 3- Al hafad National Real Estate Co.( Kuwait)

Kuwait Pearls Catering Company, Kuwait, Aug 2012 to Oct 2013

Country, Kuwait

Financial Manager

Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions

Oversee financial department employees, including financial assistants and accountants

Contract outside services for, auditing, banking, investments, and other financial needs as necessary

Track the company's financial status and performance to identify areas for potential improvement

Seek out methods for minimizing financial risk to the company

Review financial data and prepare monthly and annual reports

Present financial reports to, executives, and clients in formal meetings

Stay up to date with technological advances and accounting software to be used for financial purposes

Establish and maintain financial policies and procedures for the company

Understand and adhere to financial regulations and legislation

Key Achievements:

Trained and mentored all the accountants on their work. Designed a system to follow up the tenders and the collections of the tenders from the ministries also to follow up the company suppliers payments and stock receiving from them is it accurate and enter the free items to reduce the cost on the company when suppling it to tenders

Massaleh Investment Company, Kuwait, 1985-2012

Country, Kuwait

Financial Manager Aug 2005 to Jul 2012

Design, organize and execute financial tasks and projects of the organization

Make estimates of funds required for the short and long-term financial objectives of the organization

Complete financial reports, lead the month-end closing process, and conduct monthly financial forecast

Develop and implement plans for budgeting, forecasting, and reporting

Achieve a proper mix of equity and debt to minimize cost and maximize operational profit

Strategize on fund procurement through banks and other financial institutions

Prudently make investments on assets that maximize returns

Developed reports on Company Financials for the Capital Market Authority in compliance with related rules.

reports on Company’s Financials quarterly and Year-ends to the Central Bank, while arranging the General Assembly Meeting Requirements for each Financial Year

Provide financial insight and analysis to drive the business performance of the organization

Manage and monitor metrics, KPI tracking, and reports

Evaluate the financial performance of the organization and measure returns on investments

Understand and calculate the risks involved in the financial activities of the organization

Managed funds for offshore companies, including three offshore companies affiliated with Morgan Stanley, Merrill Lynch, and Goldman Sachs whose total assets were worth $200-300 million.

Massaleh Investment Company - Internal Auditor, Kuwait, May 2001 to Aug 2005

Country, Kuwait

Evaluate financial documents for accuracy and compliance with federal regulations

Identify the financial risk of the organization and offer recommendations to reduce risk.

Identify accounting and financial record-keeping processes that can be improved

Determine ways to cut costs and improve profitability

Assess the efficiency and productivity of internal staff and make recommendations for improvement

Present findings to upper management in the form of reports and presentations

Implemented approved audit plans.

Evaluated the efficacy and efficiency of various systems, procedures, and controls applied while suggesting changes to safeguard the company’s assets and interests.

Massaleh Investment Company - Assistant Credit Manager, Kuwait, May 1999 to Apr 2001

Country, Kuwait

Reviewed, approved and declined large and complex loans prior to submission to loan committee, while participating in several committees involved in company management.

Controlled and followed up on limits in excess or matured, and past due credits with a view to ascertain accurate management of credit facilities.

Massaleh Investment Company - Accountant, Kuwait, Mar 1985 to Apr 1999

Country, Kuwait

Receive, Review, and Process AP invoices in SAP

Maintains AP invoices in an electronic filing system

Maintains relationships with vendors and office staff

Supports HQ with AP inquiries

Process and file paperwork including copies sent to HQ

Reviews and Posts invoices processed by the AP Assistant

Reviews AP Invoices for errors and inconsistencies and works with the vendor to resolves.

Compiles weekly payment selection for vendors paid by check

Distributes remittances to vendors for weekly payments

Works with the accounting team on tasks as needed

Monthly Closing Duties

Other Duties as needed

Produced analytical reports of financial statements, handled payroll, employee leaves, and indemnities.

Posted various Accounting Records manually via usage of Computer Accountancy Software packages.

Posted accounting entries which included drafting trial balances, income statements, profit and loss statements and balance sheets.

Key Achievements

®Participated in the advancement of the portfolio investment system by linking the Ledger with the portfolio system so that will reduce the workload and get the results in the accounting system for the profit and loss of each portfolio also can get the final position of each portfolio with the market value in Avery short time

®Managed three offshore companies each company had a stocks portfolio investment of over 600 million dollars. Dealt with Mary launch company before Bank of America purchased it. Also with Morgan Stanley, and Gilman sacks financial, and investment dealing with stocks and options and call

PROFESSIONAL DEVELOPMENT & CREDENTIALS

Backer C.P.A. Review Course July 1999 (6 Months)

Bachelor of Commerce Hailey College of Commerce, Lahore, Pakistan (Punjab University) May 1984

Diploma in Computer Programming Institute of Computer Programming, Lahore Pakistan May 1984

Training:

IFRS Ernst & Young 2006

IFRS & IAS INTERNATIO 2005

Financial Modeling (Using MS Excel) INTERNATIO 2004

Trading of Option/Calls/Swap 2004

Internal Audit INTERNATIO 2003

Companies Asset Analysis KAFAS 1996

Technical Skills: Microsoft Office Suite, Lotus, WinWord, Windows, and Internet

Accounting Packages: Mainframe (Cobol Language) & (Debase 111 Plus), Evaluation of Accounting Software Packages

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