Abdullah Zaghloul

Kuwait

+965-********

adzv74@r.postjobfree.com

Executive Synopsis

A seasoned finance and management professional with 21+ years of rich and diverse experience in spearheading management accounting, forecasting, budgeting, controls and analysis, restructuring accounts, as well as partnering with functional leaders to drive revenue and cost management initiatives.

Mastered crafting policies & procedures, set out an organization’s culture, values, and philosophy as well as lay the groundwork for the work culture.

Leading projects co-ordination, supporting planning, resourcing, scheduling, execution, monitoring, controlling, until project delivery and hand over.

Championed driving successful software and systems implementation and adoption. Hands-on experience in managing multiple implementation projects in a deadline-driven, fast-paced environment.

Expertise in acting on business insight, facilitating continuous process/ business improvement, ownership of the financial management reporting, insight and performance management agenda.

People manager- high-impact leader, building high-performing multi-disciplinary teams, highly adaptive to changes in operational conditions.

Core Competencies

Financial Planning & Analysis

Establish Policies & Procedures

Project Management

Software/Systems Implementation

Accounting & Auditing

Budgeting & Forecasting

Management Reporting

Operational Excellence

Financial Reporting

Internal Controls

Cash Management

Performance Management

Budgeting & Forecasting

IFRS and Tax Compliances

Team Management

Leadership

Professional Experience

Assistant Manager (December 2015 – Present)

Kuwait Financial Center, Kuwait - Al Kuwait

Kuwait Financial Centre K.P.S.C "Markaz", established in 1974, is an asset management and investment banking institution in the Arab Gulf region with total Assets Under Management (AUM) as of June 2016, of KD 910 million (USD 3.01 billion).

Accomplishments:

Consolidated the financials of all entities with the ultimate parent company. Gathered, organized, interpreted, and reported large amounts of business performance data/actionable recommendations to senior strategic leaders.

Developed detailed financial analytics and reporting of real estate portfolio and position.

Functioned as the analytical engine, proffered data-driven insights / monthly reporting and analysis for the top management to support optimal financial business decision-making/long-term planning.

Superintended a dynamic team of 6+ members, built human capital capability, strong talent pools / teams to drive growth, innovation & continuous improvement thereby optimizing the group’s financial performance and strategic position.

Responsibilities:

Spearheading day to day accounts operations, handling full spectrum of accounting for Real Estate in accordance with International Accounting and Financial Reporting Standards.

Developing & implementing innovative financial & control systems with a strong focus on elevating organization productivity & accountability, thus steering process improvement, mitigating costs & propelling profitability.

Ownership of technical reporting and control environment. Collating the management reports, budget and active monitoring of the key performance indicators KPIs. Ensuring that rigorous internal control is implemented.

Managing accounting for revenues and associated expenses of Real Estate projects or entities and collating Financial Statement and supporting schedules.

Supervising the construction accounting process including but not limited to proper review of contracts, change orders, capital expenditure cash flow reporting, capitalization of appropriate costs, cost segregations with reference to the stage of completion of contract activities at the end of each reporting period.

Apprising/updating valuation of RE properties/land as per IFRS & CMA requirements and directing corrective action for variances/ discrepancies.

Centralizing the financial information's of all SPV's and update the financial statements to review periodically. Following up and maintaining SPVs' banks accounts and settlement accounts.

Chief Accountant (February 2011 - November 2015)

Al Hamra Real Estate Co., Kuwait - Al Kuwait

Al Hamra Real Estate Co. is a leader in real estate development and management, that owns and manages the tallest tower in Kuwait – Al Hamra Business tower and shopping center.

Accomplishments:

Successful delivering robust management information systems and implementations of Accounting and Real Estate software.

Hand-selected to take lead responsibility in establishing policies and procedures/ lay down rules for the daily operation of the company.

Introduced budgeting mythology to the organization. Owner of short- & long-term budgetary planning & cost management process, provided expert advice to senior management to ensure that budgets are on target & reflect the strategic direction of the company.

Responsibilities:

Commanded the Accounting department. Accountable for all financial reporting, accounting and treasury matters, including expenses, budgets and forecasts, costing, cost control and cash flows.

Embedded a strong internal control environment, for enhanced financial control on all financial aspects.

Authored financial policies and procedures manual for companywide operational activities. Proffered strategic values-based financial and operational leadership to the organization in order to achieve its growth goals.

Evolving with next-generation technology, facilitating the implementation of Microsoft Dynamics Accounting Software and restructuring the chart of account.

Responsibility for annual closing, statutory financial reporting and year-end statutory audit and ensuring the highest standard of financial governance are achieved.

Senior Accountant (November 2008 - January 2011)

Safwan Petroleum Technologies Co., (SPETCO), Kuwait - Al Ahmadi

SPETCO is a Kuwait based company, which is a reputed name as a total solutions provider to the oil and gas sector in the region and beyond.

Accomplishments:

Established metrics and best AP/AR practices by managing strict policies in vendor’s payment, debtor’s collection and reconciliations. Prepared aging report for all the creditors and assisted in preparing cash flow reports.

Evaluated the design and operating effectiveness of key controls and provide recommendations on Finance business operational improvements and efficiencies.

Delivered a full spectrum of accounts functions, including payables and receivables management, for maintaining an effective cash cycle. Prepared monthly detailed cash flow, commentary and updated forecasts.

Reviewed credit facilities with banks, track all bank loans and agreements.

Tracked and collated Opex and Capex reports, evaluated Actual vs. Budget and recommended arrangements to close gaps.

Analyzed expenses for each separate project. Leveraged sharp analytical abilities whilst conducting end-of-the-month financial analysis, investigating budget variations with managers & recommending corrective actions.

Previous Professional Experiences:

November 2007 - November 2008: Accountant at Easa Husain Al Yousifi & Sons Co., Kuwait

September 2005 - November 2007: Project Accountant at Tecnicas Reunidas, Kuwait

February 2005 - July 2005: Account Manager at KAB Strategy Kuwait, Kuwait

September 2004 - January 2005: Accountant at Candy Box, Jordan

October 1999 - April 2004: Branch Manager at Candy Box, Jordan

Education

Bachelor's degree, Accounting, Zarka Private University, Jordan – Zarqa, June 2004

Professional Development

Accounting, Nizaar Al-Humouz Financial Consulting & Taxation, August 2003

Personal Information

Nationality: Jordan

Date of Birth: 20th January 1982

Languages: English

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