Work Experience
Title: Chief Financial Analyst and Chief Budget Controller
National Real Estate Company from 1st March-2004 up to 31st-Dec-2013
Department : Finance
Kuwait -
Accounting & Financial Management
• Preparation of Group Consolidated Financial Statement & Related analyticall reviews
• MIS Presentation to Management on monthly Quarterly & Yearly basis on each subsidiary / Project & Consolidated Group level
• Actively support the development and implementation of strategic business and/or operational plans, projects, programs, and
systems
• Continues monitoring & enhancement to Finance department policy & procedure and to ensure that its implemented accrose the
group
• Preparation & Monitoring of treasury Function on each subsidiary / Project & Group level
• Efficiently handled Asset Liability for Accounting & Management for the Securities , Investment , Real Estate Portfolio and various
funds portfolios
• Ensuring that Proper Accounting & financial procedure are properly implemented & pursue in finance dept. as per IFRS & IAS
guidelines
• Analyze cash flow, cost controls, and expenses to guide business leaders. Analyze financial statements to pinpoint potential weak
areas and report them to CFO & CEO
• Evaluation of investment proposals submitted by Financial institution, Real estate/Investment companies & subsidiary companies
• Maintain a comprehensive and effective system of Revenue Assurance (RA) and Expense controls (EC) and recording mechanisms,
making full use of the available resources.
• Review & approve all the purchase documents based on Company Purchase Policy & as per budget assumption
• Play a significant role in identifying and managing investment opportunities in support of NREC’s operations
• Detail Anaysis of monthly, quarterly and annual financial statements, financial reports
• Manage and coordinate the execution of internal and external audit activities of Group on consolidation level
• Completely Responsible for Preparation and Review of complete set of “Financial statement” quartly and yearly basis
• Implemenlation of any amendments that take place in International Financial Reporting Standared & IAS and ensuring that quartly
& annual financial statement are based on IFRS Principle
• Manage the procurement, HR and benefits functions with an eye to continuously developing and improving NREC’s systems in
these areas
• Guided and motivated the team members to perform efficiently and achieve all deadlines successfully
• Budgeting & planning
• Preparation of Consolidated Group budget and Individual Subsidiaries Budget on the basis of each department and LOB of
company
• Monitoring of Variance in the Budget & Actual perfofmance of each Individual Subsidiaries department and LOB of company on a
monthly basis on PTD –YTD basis and reporting it to CEO & Chairmain
• Reporting and Assisting directly to CFO and Finance Director with all duties and responsibility that are required on by
management or Financial Institution like Stock exchange ,Banks etc
• Actively participated in preparation of in-house purchasing and investment policy process manual, documents and processes
Achievement & key milestone at NREC
• 1. Successfully completion of Joint venture deal in Pakistan worth USD $14mn
• 2. Successfully Sell of equity investment in USA worth $ 4 mn
• 3. Effectivelly Sell of Quoted securities in Qatar stock exchange worth USD $ 7 mn
• 4. Effectivelly Sell of Quoted securities in kuwait stock exchange worth USD $ 1.2 mn
• 5. Successfully Sell of real estate properties in Iraq-Basra USD $ 2mn
Title: Senior Accountant
Bridgestone Tire Distribution Co. from 1st April-2003 up to 28th -Feb-2004
Department : Finance
Kuwait
• Communicating with the Manager And Coordinated the various deparments for finalisation of financial of accounts
• Generation of Weekly report for Finace Director related to Purchase Costs, Sales revenue & Bank Balances
• Maintaining current account for different subsidiaries and Interest rate
• Responsible for Cash Management, Accounts Payable and Accounts receivable responsibilities
• Preparation of Cross-Currency Revaluation
• Responsible for managing Payroll, Staff loan & other related deductions.
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CV’S OF PROFESSIONALS
Al-Mazaya Company Profile
| CV’s of Professionals
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