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CV Finance Manager Al-Othman Plastic Products Co. Hofuf Saudi Arabia Hawa Electric, Dammam, KSA

Finance Manager Al-Othman Plastic Products Co. Hofuf Saudi Arabia Hawa Electric, Dammam, KSA

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CV/Resume ID no.: 104881

Location (Residence): Al_hasa, Saudi Arabia
Citizenship: Sudan
  Native: Arabic Saudi Arabia
  Other: English
Education & Experience: Work Authorization & Relocation:
  Bachelors in Accountancy

Years of Experience: 26 years
Authorized to work in:
   Bahrain, Oman, Qatar, Sudan, United Arab Emirates
Present Location:
   Saudi Arabia, Hofuf
   Bahrain, Qatar, Sudan, United Arab Emirates
Category Subcategory Ability Experience
Management Financial Experienced 20 years
Commercial/Financial Accountant Experienced 37 years
CV/Resume Details
1. Summary (Cover Letter) - CV/Resume Part 1 [Mandatory]

Dear Sir/ Madam,

It was with great interest that I read your recent posting. In response, I enclose my resume for your consideration.

Review of my credentials will confirm that I am capable of serving as the catalyst for achieving revenue objectives and organic growth through effective contributions. I possess over 3 decades’ of experience in spearheading financial/ accounting functions entailing Strategic & Tactical Planning , Financial Mgt. & Control, Fund Management & Control, Finalization of Accounts, Budget Planning and Control, Cost Accounting, Reporting, Taxation , Profitability Management, Risk Management, Taxation & Assessments, Internal Control Review / Audits, Statutory Compliances and Resource Planning & Deployment. Adroit in conceptualizing, implementing and developing financial procedures and service standards with top to bottom line profitability thus achieving the business goals for business excellence. Have demonstrated my abilities by achieving revenue, profit and business growth objectives within start-up, turnaround and rapid-change environments.

I am presently associated with Al-Othman Plastic Products Co. as Finance Manager.

I understand that working for your organization requires a candidate who is team oriented and is able to deal with people in various departments. I am confident that I possess these skills, which will help me to perform the job efficiently and effectively.

My goal is to transit my enthusiasm, creativity and experience into a position, where I continue to provide the strategic and tactical leadership critical to retaining valued customers of an organisation. I am certain that my presence in your team will prove to be beneficial to your organisation. As such, I would welcome an opportunity to speak with you to evaluate your needs and share my ideas.

 Result oriented professional with over 3 decades of extensive experience in spearheading financial/ accounting functions.
 Since May’03 with Al-Othman Plastic Products Co. as Finance Manager.
 A strategic planner with proven ability to develop short & long term strategies, improve operations, impact business growth and maximize profits through achievement in financial / cost management, resource allocation, performance measurement and monitoring, internal controls enhancement and productivity improvements.
 Seasoned professional with consistent track record of achieving revenue, profit & business growth objectives within rapid-change environments.
 Proficiency in spearheading initiatives and Corporate Restructuring projects encompassing development of strategy, business valuation, financial analysis, tax structuring, due diligence, regulatory processes, negotiations & financing.
 Skilled at handling & executing operations entailing all accounting services and functions through supervising accounting sections.
 Adept in designing and implementing systems/ procedures to achieve financial discipline and enhance the overall efficiency of the organization.
 Keen analyst with good negotiation & relationship management skills and abilities in liaising with banks, financial institutions, regulatory authorities & other agencies.
 Deftness in concluding resourceful financing deals and managing large investment and risk management portfolios.
 An effective communicator with excellent relationship building, leadership and mentoring skills and proven ability to create new business opportunities and support & sustain a positive work environment towards the accomplishment of organizational goals

2. Work Experience - CV/Resume Part 2 [Mandatory]

Since May’03 with Al-Othman Plastic Products Co. as Finance Manager

Noteworthy Contributions:
- Played a key role in developing procedures in Inventory, Receivables, Fixed Assets, Payables that streamlined the Finance and accounting processes.
- Successfully reviewed the costing system that led to a more realistic price lists and eventually increase of turnover by almost 20%.
- Instrumental in assisting in Strategic decisions by preparation of Feasibility Studies, Scenario Analysis and Capital Budgets alternatives that resulted in investments of 17 million Riyals and IRR of 16%.
- Prepared a Feasibility study for a major Non-Woven Factory with a 160 million Riyals of Investment and 100 millions Riyals turnover 50% of which was financed by Saudi Industrial Fund.

Jul’00-May’03 with Al-Othman Agricultural Production & Processing Co. (NADA) as Finance Manager
Noteworthy Contributions:
- Implemented a very effective & comprehensive Cash flow internal control system that alleviated all previous cash crisis and reduced bank interest by 30%.

August’83-May’00 with Hawa Electric, Dammam, KSA as Financial Controller

Noteworthy Contributions:
- Successfully prepared, coordinated and discussed a Feasibility Study for an expansion Plant that resulted in investment of 20 million Riyals.
- Have been instrumental in assisting in the preparation of study for Electrical Accessories Factory in a Joint Venture with MK Electric UK.
- Organized the conversion from manual system to MCBA software system

July’82-July’83 with Transport & Handling International Port Sudan, Sudan as Chief Accountant

Noteworthy Contributions:
- Demonstrated abilities in implementing the new accounting system to analyze costs of handling and transport.
- Reorganized inventory system to control costs through internal safeguards.

May’80- May’82 with Al-Khomos Company for Roads & Quarries, Libya as Senior Accountant

May’77- Apr’80 with Taxation Department, Ministry of Finance, Khartoum, Sudan Financial Officer

3. Education & Training - CV/Resume Part 3 [Mandatory]

- Certified Public Accountant, CPA (Certificate No.65207 University of Illinois, U.S.A). Jul’95
- Member of (The American Institute of Certified Public Accountants, AICPA). Sep’95

Education: Bachelor of Science, Accountancy from University of Cairo, Khartoum Branch in the year 1977
- Course of Study at the Academy for Financial and Economic Studies, Khartoum, Sudan.
- WANG Laboratories Inc. for Introduction to WANG VS and MCBA Accounting and Manufacturing Packages.
- Internal Auditor Training for Quality Management Systems (QMS).
- Course on International Accounting Standards with the Institute for International Research (IIR) in Dubai
- Course in Planning, Budgeting & Cost Control with Meirc Training & Consulting in Dubai
- Strategic Financial & Investment Decisions with Meirc Training & Consulting in Dubai.
- International Financial Reporting Standards

4. Computer Skills - CV/Resume Part 4 [Mandatory]
» PC proficiency on MS-Excel for generating various reports, charts etc.
» PC proficiency on MS-Access
» Microsoft Word, Bilingual (Arabic & English).
» MCBA Software for accounting, distribution and manufacturing.
» Microsoft Dynamics (Great Plains) ERP Solution on Microsoft Windows
5. Other Skills - CV/Resume Part 5 [Optional]
Cost Analysis and building modules for Product Line Contribution Analysis using the standard operating data, resource utilization and constraints.
• Budgeting, what-if-analysis and Scenario’s Analysis.
• Product Costing using marginal costing and Solver Tool of excel for calculating the target cost of new products.
• Potential Projects’ valuation using the discounted Cash Flows techniques, Internal Rate of Return and Pay Back Period.
• Enhancing the effectiveness of the Internal Control Procedures by establishing new controls and methods of evaluating those controls.
• Improving the reporting system and ensuring GAAP-compliant Financials.
• providing Ratio Analysis to combine efficiency, profitability and debt ratios using the DuPont module.
• Using Charts, Common Size and Variance Analysis Techniques as well as Break-even-point and margin of safety calculations.
• undertaking special analysis for management when considering an unusual action, such as preparing Feasibility Studies for new projects and expansions.
• Interpreting accounting data based on the particular requirement of the manager in a given situation.
6. Additional Information - CV/Resume Part 6 [Optional]


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Finance Manager Al-Othman Plastic Products Co. Hofuf Saudi Arabia Hawa Electric, Dammam, KSA
CV/Resume ID no.: 104881

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