Finance Officer Manager

*

AMR MASOUD

ELSHAAB ELBHRY, KUWAIT

Mobile: +965-********

Email: **********@*******.***

Objective

A position in which I can help a dynamic organization achieve its mandate, by utilizing and building-on my years of professional education & Experience in Finance, Costing & Managerial Accounting Seeking a challenging position as finance manager where I can utilize my knowledge and possess good management and supervisory skills in a company that will give me the opportunity for professional growth. Experience Summary

Budgeting & Controlling

Debtor Control

Job Wise Allocation

Payable Management

Complex reconciliations

Internal Audit

&Controls

Cash Flow Management

Financial Analysis

Segment Reporting

Skills Summary

Knowledge about ERPs,

Professional with Oracle Sys.

(MS Excel)

Ability to take Initiative

Good Practical Exposure

Strong Conceptual Skills

Good Communication skills

Good at Crunching Numbers

Time Management & Prioritizing

Professional Experience (Over 20 Years)

Position Held : Chief Finance Officer

Organization : J Design Constriction & Decoration Co. W.L.L Duration : Sep, 2014 To Present ( 7 Years ) As Part Time Company Profile : Constriction Company

Provide leadership and management to the financial department Provide financial strategy recommendations to CEO/President and executive team Identify and address potential financial risks for the company Oversee all financial decisions, such as budgeting and auditing Implement strategies and systems to improve financial performance Support financial department in developing short and long term financial goals Review financial reports and determine methods to reduce costs Take control of financial records and documentation Serve as a key point of contact for financial department and auditors Daily CFO Responsibilities

Overseeing the reconciliation of income and expense reports Preparing and analyzing financial statements and profit and loss reports Designing financial models that will benefit different operating initiatives Supervising the finance department and ensuring that all activities are current and update 2

Position Held : Chief Finance Officer

Organization : MF-FOOD Trading Co. W.L.L

Duration : Sep, 2014 Up To Sep,2017 ( 3 Years )

Company Profile : Import,export and trade Foodstuffs Finance functions involving determining financial objectives, designing & implementing systems, policies & procedures, conducting cost analysis & reporting variances to facilitate financial control and payroll procedures and management.

Developing operational metrics with other business and operations groups and implementing Balanced Scorecard strategies.

Performing analytical review of financial operations of the company. Conducting Internal Audits with a special emphasis on cost control, elimination of duplication of work, strengthening internal control procedures and reporting to the management. Investigating and understanding key business issues behind the numbers and providing clear, concise and timely analysis & recommendation.

Coordinating with External/Internal Auditors / Officials and other regulatory authorities to ensure compliance with audit memos/IFRS.

Assure program quality and organizational stability through development and implementation of standards and controls, systems and procedures, and regular evaluation. Provides general oversight of all activities, manage the day-to-day operations, and assure a smoothly functioning, efficient organization.

Position Held : Senior Accountant - Chief Finance Officer Organization : Al- Kawthar Real Estate Co. K.S.C.C Duration : Sep, 1999 to Jan, 2013 (13 Years 4 Month) Company Profile : The Org. is dealing real estate, constructions and investments. key Achievements

Hired and trained staff for finance department.

Establishment of a Kuwaiti shareholding company and set up user accounts. Developed & Implemented SOPs for Finance, Internal Audit, & Operations. Processing stock losses as a result of the global financial crisis, according to international accounting standards.

Payroll settlement byproducts and in accordance with the standards of legitimacy and exit partners and redistribution of equity shares.

Finding solutions to claims by the Ministry of Electricity in Real Estate was sold several years. Preparation of annual budgets and monitor, analyze and evaluate the performance of the system. Analysis of the performance of the internal control system and the discovery of a risk and find appropriate solutions to prevent it.

Finance & General Accounting

Continuously monitor the rate of change of accounts receivable balances and collect payments due under the credit limits of their contracts.

Undertaking complex reconciliations Relating Corporate Customers, Suppliers, & Foreign Banks. Managing Finances & Remittances particularly In Relation to Foreign Banks & Suppliers Abroad. Verification & Authorization of Payable Invoices ensuring Tax deduction & income where required. Periodical Management &Segment Reporting For Different Business Units & Branches. Administered Proper Allocation of Expenditures to Cost Centers & GL accounts. Consolidation & preparation of Financial Statements.

3

Budgeting & Costing

Preparation of Cost Sheets ensuring absorption of All direct Cost for projects and Pricing of units in line with targeted profit.

Allocation of Sales Over head as per pre-defined criteria. Maintaining control over Budgeted Expenditures & Reporting Variances. Internal Audit & Control

Conduct risk assessment of assigned department or functional area in. Established required Timeline Develop & Implement checks & controls to ensure accuracy of Financial Data recording.

Monitor & review accounting & business system reports for accuracy and completeness. Supervise the input, and handle financial data and reporting from accounting application. Review Daily Reports Submitted by Branches.

Performing Semi-Annual Audit of Branches.

Credit Control

Debtor Management, Assessment of Credit Limit & Days for Corporate & Non Corporate Accounts.

Developments & identifying accounts requiring special attention. Maintaining accurate individual measurement and performance. Statistics. Issuance of Dunning Letters to overdue accounts. Position Held : Accountant

Organization : Faisl Deig Al-Sabah & Brother's CO. Reporting to : Finance Manager

Duration : Jan, 1997–Aug, 1999(2Year –8 Months)

Company Profile : Property Management (Real-estate, Investments, Banks, Commercial CO. Verification of Account Payable& Payments to Suppliers. Scheduling of payments to contractors.

Maintenance of Bank Accounts &Preparation of Reconciliations. Analysis& Costing of different orders Analysis& Costing of different orders Provide support ;act as liaison for taking outsourcing Decisions for production. Receivable Management for Local Sales & Services Provided. Preparation of Management Accounts For Availing Finance Facilities from Financial Institutions. Position Held : Auditor Accountant

Organization : Mohamed Abdulhamed Auditor Office.

Reporting to : Team Manager

Duration : Oct,1994–Dec,1996(2 years –3 months)

Company Profile : Auditor Office-Chartered Accountant. Answering to queries of the customers related to the procedures and policies of the businesses. Creating reports and analyzing the market trends to gather the information regarding the processes. Helping in managing and assessing of the risk involved in the business. Providing the solutions to the companies and the clients for the risk. Doing market research to prepare an overall audit of the project. Audit sampling and make sure they reflect the genuine nature of the activity and institutions in accordance with the standards and internal and international policies 4

Education Specialization Qualification Status

Bachelor OF Commerce

Suez Canal University, Port

Saied, Egypt

Finance, Costing &

Budgeting, Managerial

Accounting

Bachelor's degree

Accounting

Trainings & Workshop

o 36 Hours Training on Windows from Cairo University – Egypt at 1995 o 36 Hours Training on Excel from Cairo University – Egypt at 1996 o 40 Hours Training on English from The British Institute of Training and Education (BITE)KUWAIT at1997

Personal Profile

Father’s Name : Mohamed Masoud

Date Of Birth : March 25, 1971

Nationality : EGYPT

CIVIL ID : 271*********

Passport Number : A27275759 Date of Expiry : July 21, 2027 Residency Number : 134568864 Date of Expiry : August 9, 2023 References (Shall be available on Requ

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