Mohamed Kasim

• Directed comprehensive financial operations including budget preparation, forecasting, and financial reporting, ensuring alignment with organizational goals.
• Executed group consolidation and finalized books of accounts with precision, enhancing financial transparency.
• Established and optimized the Chart of Accounts and account grouping for improved financial tracking.
• Collaborated with senior management to develop and implement business strategies, contributing to a 12% year-over-year EBITDA growth.
• Implemented strategic financial planning initiatives, achieving a 20% saving in operational costs while maintaining consistent revenue growth.
• Utilized insights-driven financial analysis to support strategic decision-making, optimizing resource allocation and enhancing growth prospects.
• Streamlined financial processes, reducing month-end closing time by 30% and enhancing the accuracy of financial reporting.
• Led a high-performing team of 6 finance professionals, driving financial analysis, variance analysis, and performance metrics reporting.
• Monitored and managed expenses meticulously, ensuring adherence to approved budgets and overseeing all treasury functions.
• Identified and resolved financial data discrepancies, conducting thorough investigations and proposing effective solutions.
• Strengthened financial controls and governance frameworks, ensuring full compliance with IFRS and local accounting standards.
• Enhanced ERP systems to automate financial reporting, resulting in improved data accuracy and operational efficiency.
• Managed relationships with external auditors, regulatory authorities, and financial institutions, facilitating audits and financing activities.

Supervise, Direct & review the works of subordinate staff such as Invoicing, Fixed Assets, Depreciation, Payroll, Utilities, Related Parties, Bank reconciliations, Accounts statements reconciliation, L/C, L.T.R, Sub Contractors payments Certificates, Cheque runs, Accounts receivable transactions and other day to day Accounting operations

Accounts Receivable / Payable Management & Revenue recognition

Scheduling the periodical receivables and maintaining the proper follow-ups with various clients

Initiate & Overview of month-end and year-end closing process

Year-end closing J/V’s, Work-in-Progress accounting, Ledger Scrutiny etc

Proper allocation of overheads to various cost centers, profit centers

Deftly liaising with Suppliers & Subcontractors for the payment related problems and ensure an uninterrupted operation on work progress and
material supply

Assisting in preparation of budget proposals for revenue, OPEX & CAPEX based on the strategic plan, present and future infrastructure of
the Company

Prepare & Monitor the budget vs actual on a periodic basis and report the variances to the top-level Management for review with suggestions

Maintaining the proper MIS according to the IFRS standards

Liaising with internal and external auditors for smooth audit activities

Accountable for setting up auditing policies

Accountable for maintaining and overseeing the department accounts, keeping records of accounts payable/receivable inventory control and petty cash payment in addition to performing bank reconciliation and monthly closing of accounts

Generated cash flow reports, effected stringent control on cash ledger, and statements of receivables. Followed up on collections

Scrutinized accuracy of accounting records maintained for transactions undertaken, reconciled accounts, debtors, creditors, and ledgers cordingly.

Coordinated and maintained inventory system, perform variance analysis, cost of sales reporting and cash transactions as well as executed various management reporting functions.

Established and analyzed cost of products utilizing inbuilt accounting programs/software, maintained analysis of potential new product prices, informed key decision-makers about the product pricing choices accordingly.

Carried out collection follow-up, sales commissions' calculation, and general ledger reconciliations, and recorded voucher entries.