Summary
Overview
Work history
Education
Skills
Certification
Languages
Affiliations
References
Quote
Timeline
AdministrativeAssistant
Ahmed Al Asbahi

Ahmed Al Asbahi

Chief Financial Officer
Abu Dhabi,United Arab Emirates

Summary

A highly distinguished and seasoned finance & accounting professional with an exhaustive experience of around 22+ years in overseeing all the aspects of financial operations of an organization and implementing innovative and cost-effective solutions to increase the profitability of the company.

Results-driven, ambitious and competitive business leader focused on transformative leadership and continuous improvement to drive growth and maximise profits. Tenacious executive ready to take on challenging role, meet goals and surpass expectations.

Encouraging manager and analytical problem-solver with talents for team building, leading & motivating. Equipped to plan, lead and optimise operations for changing landscape. Accomplished in delivering above-expected results while streamlining operations. Ambitious to affect change and bring results in new environment. Takes on challenging new role harnessing interpersonal skills, collaboration and problem-solving. Driven to deliver high-quality service and consistent results.

Overview

22
22
years of professional experience
2
2
Certification

Work history

Group Chief Financial Officer

Timeline Technology Solutions; Pivot Payments Limited; Ctrack Middle East & Africa Technology
Abu Dhabi & Dubai
01.2021 - Current

  • Managing financial sustainability, driving financial performance & maximizing return on investment and to provide strategic financial advice to Board of Directors for formulating future financial strategies.
  • Developed strategic financial plans to drive company growth.
  • Streamlined financial processes, improving efficiency and accuracy.
  • Managed complex budgeting tasks to control costs and increase profits.
  • Improved fiscal stability by mitigating financial risks.
  • Oversaw treasury functions to maintain optimal liquidity levels.
  • Fostered strong relationships with investors, increasing trust and credibility.
  • Scaled sustainable growth by conducting extensive reviews of existing systems, processes, controls and KPIs.
  • Identified and resolved operational issues impacting productivity, performance or profitability.
  • Put in place clear controls for financial administration and business management.
  • Implemented robust financial controls for enhanced business performance.
  • Led financial reporting activities, increasing transparency and accountability.
  • Coordinated internal audits for improved overall finance function health.
  • Facilitated compliance with regulatory requirements, avoiding penalties and fines.
  • Bolstered stakeholder confidence with comprehensive risk management strategies.
  • Drove cost reduction initiatives through innovative process improvements.
  • Navigated corporate restructuring efforts successfully during challenging periods of change.
  • Optimised capital structure by effectively managing debt and equity financing options.
  • Enhanced profitability with effective cash flow management techniques.
  • Achieved operational excellence through meticulous financial oversight.
  • Ensured complete adherence to financial controls and regulations, preparing financial statements and reporting results to multiple external stakeholders.
  • Formulated detailed strategy to guide senior management team through complex financial business decisions.
  • Prepared information, forms and data to assist in seamless and efficient financial audit procedures.
  • Processed journals and compiled supporting documentation to review to maintain quality control standards.
  • Monitored operations to assess and highlight results.
  • Created and led successful business culture focused on performance.
  • Partnered with management team to optimise operations and reduce costs.
  • Directed administration and optimisation of financial operations, payroll and accounting processes.
  • Spearheaded strategic planning and decision-making processes aligning with mission and stakeholder interests.
  • Worked with board of directors to establish objectives and decisively lead operations.

Group Chief Financial Officer

Global Ventures Group
Umm Al Quwain
01.2020 - 02.2021

Group of Companies Activities:

Software Designing, Insurance Agency, Vehicles testing & Registration station, Dermatology & Dental Clinic, Real Estate.

Chief Accountant

Al Asab General Transport & Contracting Co.
Abu Dhabi
03.2019 - 12.2019

Company Activities:

EPC Oil & Gas Services

Finance Manager

Durrat Al Khaleej Heavy Machinery & Equipment Est
Abu Dhabi
05.2015 - 02.2019

Company Activities:

Land Transport, Heavy Machines & Equipment Renting to Onshore /Offshore Oil and Gas Fields.

Assistant Finance Manager

Galva Coat For Galvanizing & Lighting Poles
Abu Dhabi
08.2002 - 01.2015

Company Activities:

Manufacturing of Street Lighting Poles & Guard Rails.

Education

Master of Business Administration - Finance/Accounting & Industrial Management

Halifax University

Skills

  • Financial Budgeting and Control
  • Financial Analysis & Reporting
  • UAE VAT Legislation Expertise
  • Financial Management and Accounting
  • GAAP/IFRS
  • Profit and Loss Account Analysis
  • Financial Performance Analysis
  • Data Analysis & Forecasting
  • Internal Financial Oversight
  • Policy Formulation and Implementation
  • Accounts Payable and Receivable Management
  • Cost Control
  • Financial Audit Management
  • Risk Analysis & Mitigation
  • Team Leadership and Coordination
  • Strategic Planning and Execution
  • Networking Skills
  • Efficient Time Management
  • ERP System Management
  • Banking Negotiations & Relationship
  • SAP
  • QuickBooks
  • Tally ERP
  • MS Office Suite
  • Peachtree
  • Email, Internet and Other Web Based Tools

Certification

  • VAT Implementation (10/2018)
  • Financial Statement and Analysis (Bankers) (11/2019)

Languages

English
Master or proficient
C2
Arabic
Upper intermediate
B2
Urdu
Intermediate
B1

Affiliations

  • Reading
  • Chess
  • Martial Arts
  • Swimming
  • Cricket
  • Football

References

References available upon request.

Quote

If you save a dollar, you’ll drop a dollar to the bottom line. But if you save a dollar and you reinvest that back into the business in a disciplined way, a returns-based way, that dollar is actually worth a lot more in the future. And that’s really what running a business is all about.
Cathie Lesjak

Timeline

Group Chief Financial Officer

Timeline Technology Solutions; Pivot Payments Limited; Ctrack Middle East & Africa Technology
01.2021 - Current

Group Chief Financial Officer

Global Ventures Group
01.2020 - 02.2021

Chief Accountant

Al Asab General Transport & Contracting Co.
03.2019 - 12.2019

Finance Manager

Durrat Al Khaleej Heavy Machinery & Equipment Est
05.2015 - 02.2019

Assistant Finance Manager

Galva Coat For Galvanizing & Lighting Poles
08.2002 - 01.2015

Master of Business Administration - Finance/Accounting & Industrial Management

Halifax University
Ahmed Al AsbahiChief Financial Officer