Ahmed Boshnaq-CMA
Finance Director
Dubai-United Arab Emirates
Summary
Result oriented, ambitious, reliable, with over 17 years of experience in supervisory & decision-making positions.
Knowledge of accounting procedures , management reports, project feasibility studies, project development.
Liaison with banks, Tax authorities, develop financial forecasting, budgeting, planning & costing aspects.
Well-versed with computerized accounting packages and ERP , MS Office applications, Business & Internet applications.
Possess demonstrated ability to work effectively and congenially with employees at diverse levels.
Bonded by strong work ethics, strong commercial with excellent communication and influencing skills.
Able to undertake challenging tasks & responsibilities, can manage high pressure work environment.
Possess excellent analytical, management & administration problem solving skills.
Overview
17
17
years of professional experience
4
4
years of post-secondary education
Work History
Regional Finance Director
Fine Hygienic Paper - Al Nakheel Hygienic Paper Manufacturing L.L.C
Dubai and Abu Dhabi
09.2015 - Current
- Assessed expansion plans and presented costs to forecast trends and recommend changes.
- Deep practical knowledge of corporate structures and legal implications.
- Established and enforced controls on revenue and expenses to protect company assets.
- Introduced several cost saving projects and initiatives.
- Analyzed financial statements against forecasts to prepare high-level variance analysis.
- Drove industry-leading profit increase by transforming production process and aligning sales targets to meet dynamic industry conditions.
- Produced reports outlining financial data to assist management with making strategic plans and operational decisions.
- Maintained agile, responsive organization with sustained revenue growth by monitoring industry forecasts, honing budgets and adjusting marketing strategies.
- Partnered with IT, business development and operations leadership to develop robust financial business plan with detailed benchmarks and action plans. through several implementations of ERP systems that fit the needs
- Used Hyperion system to prepare monthly Financial reports and take corrective actions on deviations.
- Set clear departmental objectives and developed effective strategies to achieve targeted goals.
- Monitored budget, revenue and variance trends regularly apprising CEO of company's financial standing.
- Verified compliance of financial policies and accounting procedures against federal regulations.
- Built and strengthened productive and valuable industry partnerships to drive collaboration, engagement and revenue stream development.
Finance Manager
Perfect Printing Press Co - Specialized Industries CO
Amman
10.2010 - 09.2015
- Responsible for timely reporting of monthly financial analysis and management reports.
- Prepare full accounting reports, summaries, and reconciliation with relevant reports submit before the deadline.
- Investigate, resolve accounting discrepancies and irregularities.
- Review monthly accounts, variance analysis, highlight key weaknesses, and recommend for improvement.
- Provide monthly expense and cost analysis for management review.
- Prepare, monitor, and control the budget analysis and forecasting as well as comparison to ensure realistic budget to advice.
- Liaise with auditors, tax agent, banker, government bodies and company secretary for all matters *relating to audit, tax and statutory requirements comply.
- Process and review Sales Tax/ Income Tax matters are tracked and submit on time.
- Maintains confidence by keeping financial information confidential.
- Analyze financial information in response to queries from Management, suppliers, and customers.
- Develop and maintain thorough financial procedures for the organization and all finance record kept and secure in legislative requirements.
- Establishing goals/target for the department and supporting team member in delivery results.
- Able to meet the reporting deadlines and requirements by priority the task given.
- Maintain financial policies and procedures for the company.
- Provide advice and information to the Management on the latest change in companies' law and regulation and practice.
- To be guided by standard procedures, good practice & precedents and is expected to understand what results or outputs are required.
Finance Supervisor
NUQUL GROUP
Amman
07.2008 - 10.2010
- Analyzed and solved multi-faceted problems that effected executive leaders and business initiatives.
- Monitored front areas so that questions could be promptly addressed.
- Drove implementation of Iscala ERP software to in new expansion regional projects.
- Budget preparation and tracing.
- Rolling estimate for group companies.
- Applying costing systems and standards.
- Feasibility studies for newly proposed projects.
Senior Financial Controller
ARAB BANKING CORPORATION INVESTMENTS (ABCI)
Amman- Jordan
05.2005 - 07.2008
- Created and distributed reports on internal and external finances, audits and budgets.
- Maximized year-end tax benefits by efficiently managing cash flows.
- Prepared corporate fiscal and business plans to help strategically direct business operations and strengthen controls.
- Treasury - Cash management.
- Treasury - Currency position management.
Education
Bachelor Degree in Accounting
Yarmouk University
Irbid, Jordan 10.1999 - 08.2003
CMA (Certified Management Accountant)
Institute of Management Accountants (IMA)
USASkills
Strategic and financial planning and Budget forecasting
Financial Accounting
Management Accounting
Feasibility studies
Cost control and reduction
Financial analysis and reporting
Relationship building and management
Human resources knowledge
Organizational skills
Legal and Corporate structure knowledge
Process implementation
Staff Management
Accomplishments
- Several ERP Implementations (Oracle- Iscala) from scratch including accounting trees chart of accounts and costing system.
- Several cost saving projects
- Corporate restructuring and legal structures designing and implementations.
- Regional successful assignments ( Jordan-Iran-Morocco-UAE).
- Designing and implementation of Accounting Manuals.
Timeline
Regional Finance Director
Fine Hygienic Paper - Al Nakheel Hygienic Paper Manufacturing L.L.C
09.2015 - Current
Finance Manager
Perfect Printing Press Co - Specialized Industries CO
10.2010 - 09.2015
Finance Supervisor
NUQUL GROUP
07.2008 - 10.2010
Senior Financial Controller
ARAB BANKING CORPORATION INVESTMENTS (ABCI)
05.2005 - 07.2008
Bachelor Degree in Accounting
Yarmouk University
10.1999 - 08.2003
CMA (Certified Management Accountant)
Institute of Management Accountants (IMA)