abbas ismail cv 20 10-2015
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C.V.: Abbas Mohamed Ismail Affan
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Abbas Mohamed Ismail Affan Financial Director Mobil: +2-01001010890 | +2-01063596415 E-mail : firstname.lastname@example.org | abbas.affan @hotmail.com
SUMMARY OF ACHIEVEMENTS, SKILLS AND WORK EXPERIENCES:
33 years of experience in managing the Financial and Administration Section in contracting and construction industry in many multi-national construction companies and Oil & Gas Companies (German, American, Arabian, Egyptian and Chinese) specialized in construct mega projects ( Power plants, Oil & Gas, infrastructure, Water & wastewater treatment plants, and public hospitals, administrative buildings projects executed by multiple consortium and J.V. companies My experiences and skills consist (but not limited) to:
Managing and Preparing periodic financial reports that summarize actual and forecast cost and financial statements, such as monthly and annual income statements, balance sheets, Cash flow, cost reports and annual Budget process, according the company policy, guidelines and schedules.
Handling various banking financial facilities e.g. (L/C , L/G & Credit O.D Facilities) and oversee the cash management and treasurers and direct the financial objectives, within the budgets (Company and projects)
Directing, leading and performance manage the financials of the Company and accounting team.
Management of the accounting and financial day to day activities and compliance with statutory audits.
Awareness with insurance requirements relevant to construction agreements and manage associated risks as well as prepare the insurance claims
Development and implementation of internal control procedures, financial policies, internal audit systems, management reporting systems
Supervision and carries out a variety of internal audit activities which includes developing implementation of internal audit procedure in accordance to the established audit policies and analyzing and auditing financial statements, projects, contracts, tenders and quality of internal control, reviews & comments on audit finding and co-ordinates with other internal auditors and external auditors
Strategic financial modeling, budgeting, valuations, due diligence and financial / business advisory
Ensure compliance with statutory and budgetary reporting requirements.
Develop and direct the implementation of the financial strategic business and/or operational financial plans for the projects, programs, and systems.
Establish and implement short and long-range financial goals, objectives, policies, and operating the company procedures and Ensuring that appropriate systems and internal controls are implements and maintained.
Coordinate and Review of strategic financial plans for the operations and projects.
DETAILS OF THE WORK EXPERIENCES AND EMPLOYERS:
Employer: (MEGAS) Mediterranean Gas Co. S.A.E, Subsidiary of Costrozioni Dondi Co. (2nd
period) Profession : General Manager of Financial & Administrative Affairs (Nov. 2013 July 2015) RESPONSIBILITIES: Provide necessary consultations related to financial, accounting and cost control works which mentioned during the initial work period with MEGAS Co. before working with Al Arrab Contracting Co (ACC).
Employer: Al Arrab Contracting Co (ACC), A wholly owned subsidiary of Al Rajhi Holding Profession: Financial Business Director (Nov 2010 - Nov.2013) For the Consortium of ASC - AI Arrab Contracting Co. and SEPCOIII Electric Power Construction Corporation (SEPCOIII), established for execution US $2.4 Billion EPC construction contract to build the 2,800-Mega Watt Power Generation unit of the Power Complex at (Ras Al-Khair Industrial City) for the favour of Saline Water Conversion Corp (SWCC) in KSA.
RESPONSIBILITIES: Manage overall financial and accounting tasks, and maintaining highest degrees of transparency between the partners of the consortium, includes managing internal controls ensuring that the official accounting records are up to date and accurate, safeguarding the assets to minimize risk of financial loss; besides develop and maintaining robust costing systems and reporting tools to provide high-quality financial information that supports the Company strategic management.
Coordination with internal and external auditors for preparing and approving the yearly closing and balance sheet
Implement the financial terms of all agreements with client, suppliers and subcontractors with oversee the cash management and treasurers and direct the financial goals within the budgets of (company / projects)
Follow-ups issuance the monthly payment certificates, and submitting to the consultant and client and report the overdue receivables to proceed collection the payments dues
Supervise preparing monthly payroll and accruals commitment cost.
Managing and review the settlement and accounts of the foreign and local suppliers and subcontractors and verify the recording along with accounts payable proving and follow-up the schedule of payments for them moreover prepare and update data master for the commitment agreements with them.
Ensuring all contractor payments are made and withholding tax applied in accordance with regulations and the construction contracts
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Preparing matrix of the staff delegations of authority
Establishing appropriate accounting policies and procedures both during the construction and reports structures that lead to improve efficiency of operations and control of funds
Starting the Implementation and Testing accounting cycle on SAP system
Employer: (MEGAS) Mediterranean Gas Co. S.A.E, Subsidiary of Costrozioni Dondi Co. (1st
period) Profession : General Manager of Financial & Administrative Affairs (Mar. 2009 Oct. 2010) Leading company for execution the EPC Project for distribution network of the Natural Gas and its facilities to Domestics, Commercial & Manufacturers Customers in Kafr El-Zayyat City , Zifta City and Meet Ghamer City in Egypt
RESPONSIBILITIES: Managing, supervise and follow-ups all financial, accounting and commercial activities with the objective of maximizing the natural gas sales and operating profits In addition to but not limited to:
Managing Credit Bank Facilities agreements with banks as well as Issuance required L/C.s, L/G.s.
Contribute in Preparing the BOT Projects Feasibility studies and calculating the Internal Return Rate (IRR) along with Budget, Cash Flow and Forecast for the projects activities and the Cost and profit Centers
Managing the financial and accounting team and steering the Accounts Receivable collection moreover recording the accounts using Alfa system and Manage the Accruals, Provisions and capitalization the Work in Process (WIP)
Handling Financial Statement Balance Sheet, Cash Flow and maintain the fixed assets register and Coordination with external auditors besides manage business Taxes plus Preparing the financial Ad hoc reporting for the partners board.
Employer: Hassan Allam Sons (Misr Sons Development) Profession : Commercial & Administration Manager (Nov. 2007 Feb. 2009) For the Consortium of: Misr Sons Development (MSD) & Consolidated Contractors International Co. S.A.L. (CCC), Established to build the civil works of Al-Atf Power Plant Station 750 MW Combined Cycle Project, in Egypt RESPONSIBILITIES: Managing all finance and administrative affairs which includes but not limited:
Managing treasury and conducting getting credit facilities from the banks, dealt with L/C, L/G and over draft.
Prepared Monthly, Quarterly and yearly financial Reporting and cash flow and Coordinate with external auditors
Manage business Taxes: Sales Tax, Income Tax, Payroll Tax, and Vendor Tax for maximize company Tax Profit.
Supervise the payroll and personnel affairs system and Preparing Project Manpower Budget.
Employer : Al-Kharafi Group (Mohamed Abdul Mohsin Al-Kharafi & Sons W.L.L) - Egypt Region Profession : Financial and Administrative Controller (April 2004 - Nov.2007) For Regional of the Financial and Administration Control Department (Industrials & Investment Co.s)
RESPONSIBILITIES: Conducting and managing the internal control over the group companies (industrial, construction, trade and investment) to make sure that documents and payments cycles is achieved in accordance with the organization and internal circulars and regulations and decisions taken, and the preparation of reports to the Governing Council on the results of the audit and inspection.
Prepare the Presentation reports for evaluation the adequacy and effectiveness of the internal control system and quality of performance in carrying out assignment responsibilities in the industrials and Constructions companies.
Reporting the results of annual and Periodic inventories after verifying and ensure the existence of all kind of assets (Fixed / Current) over group companies
Compared and analyze the actual costs and revenues to estimated figures in the financial budget for the Investments, industrials and Constructions companies and Reporting the audit and analyses results.
Evaluating the overall financial position of the business, analysing and reporting external economic trends, including effects of government legislation, and assessing the financial effect on the companies
Prepare Presentation the internal financial and administration bylaws and regulations and Bookkeeping system for the region's new established companies. ..etc.