Ali Alsaffar
Leader
Dubai
Summary
History of streamlining operations, increasing revenue and reducing costs to maximize business profits. Decisive and strategic leader with demonstrated track record of success in Telecommunications, Free zones, Industrials, Media productions and Healthcare industries. Results-driven Executive with 20 years of progressive experience in Telecommunications, Free zones, Industrials, Media productions and Healthcare industries.. Exceptional leader, change manager and complex problem solver. Proven skills in operations oversight, policy development and process improvements.
Overview
4
4
years of post-secondary education
20
20
years of professional experience
Work History
Deputy CEO
Capital Health Screening Centre - A Mubadala Partner
Abu Dhabi
05.2020 - Current
- Managed partnerships and strategic business relationships, including negotiating contract terms and handling conflicts.
- Developed and implemented strategic updates to optimize operations to solve issues affecting efficiency, profitability and production.
- Identified and capitalized on short- and long-term revenue generation opportunities to maximize bottom-line profitability.
- Drove implementation of new market expansion to propel business forward and adapt to market changes.
- Led operational oversight and budgetary supervision for six different locations.
- Prepared organization for forecasted demand levels through effective operational planning.
- Worked with department heads to stay current on needs and offer high-level support for day-to-day operations.
- Reviewed individual department performance and worked with leadership to improve processes, procedures and practices.
Acting CEO
Capital Health Screening Center - A Mubadala Partner
Abu Dhabi
01.2020 - 05.2020
- Oversee all operations and business activities.
- Identified and capitalized on short- and long-term revenue generation opportunities to maximize bottom-line profitability.
- Oversaw large-scale staff recruitment and development initiatives to keep workforce skilled and effective.
- Increased company revenue by AED 50m in 5 years through aggressive new market strategies.
- Developed key operational initiatives to drive and maintain substantial business growth.
- Build trust relations with key partners and stakeholders and act as a point of contact for important shareholders.
- Analyze problematic situations and occurrences and provide solutions to ensure company survival and growth.
- Keep abreast of the markets and industry trends.
- Coached and guided senior managers to improve effectiveness and policy enforcement, resulting in improved employee job satisfaction and higher performance levels.
Head of Finance
Capital Health Screening Center - A Mubadala Partner
04.2019 - 01.2020
- Financial Planning and Analysis of Reports on Financial Status, Forecasts, monitor variances and initiate corrective actions to minimize impact on variances.
- Manage Costs and Profitability and ensure adequate cash flows including monitoring of accounts receivables to meet Organizational needs including dividend payments/commitments.
- Assist the CEO in formulating future directions of the Organization, including new business opportunities through Budgeting and Strategic Planning by developing Financial Models and recommend best Financial planning strategies through Decision Support Systems.
- Oversee the coordination and activities of independent auditors’ engagement ensuring all audit issues are resolved, all compliance issues are met in a timely manner.
Act. Financial Controller/Head of Business Finance
TWOFOUR54 FZ LLC
01.2017 - 01.2019
- Accountable for the accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with international financial reporting standards.
- Coordinate the provision of information to external auditors for the annual audit.
- Manage the production of the annual budget and forecasts.
HEAD OF FINANCE
TWOFOUR54 FZ LLC
01.2015 - 01.2017
- Directed finance team, business operations, decision support, financial planning and analysis, sales reporting and business systems.
- Selected achievements:.
- Developed high performance finance team to drive disciplined growth and strengthen control aligned with the overall company strategy.
- Implemented sales effectiveness initiative and drove CRM integration with Oracle ERP.
SENIOR FINANCE MANAGER
01.2013 - 01.2015
- TWOFOUR54 FZ LLC.
- Led business finance team supporting Senior Management Team, CFO and Executive Directors.
- Provided financial management reporting including monthly financial review, variance analysis report and ad hoc services.
- Selected achievements:.
- Implemented new analytics and based forecasting tool allowing real time financial forecast numbers.
- Implemented Activity Based Costing (ABC) methodology analyzing cost benefit and profitability measurement.
- Directly contributed to reduce debt collection by 50% throughout 2015.
SENIOR ACCOUNTANT
SENAAT – GENERAL HOLDING CORPORATION
01.2010 - 01.2013
- Prepares and records financial transaction entries.
- Maintains general ledger, preparing a trial balance and reconciling entries.
- Process payroll and pension transactions by reconciling with HR payroll report and printing checks.
- Coordinate with external audit requirement by providing the necessary information and supporting documents.
- Selected achievements:.
- Imitative of cash management system help to plan, monitor and manage the liquidity.
FINANCE TEAM LEADER
01.2008 - 01.2010
- AP & FA TECOM INVESTMENTS.
- Supervision, evaluation and leading role.
- Ensure accuracy and smooth operation of accounting cycle related to Accounts Payable.
- Control payment transfers.
- Ensure the completion of timely supplier reconciliations and addressing their disputes.
- Review & approve adjustments into the A/P & FA module.
- Coordinate with internal and external auditors for their requirements.
- Selected achievements:.
- Reviewed policies and improved accounts payable function by implemented procure to pay process.
- Implemented vendor payment status function and supplier payment notification solution.
Accountant
01.2001 - 01.2008
- Managed Cash & Bank department function and team including cash and bank reconciliation activity, providing monthly cash reports.
- Supported business centers team leader in to ensure proper records of cash transactions.
- Cash inspection to ensure proper cash balances and safe custody in place.
- Selected achievements:.
- Developed and implemented Web Reconciliation and Reporting System (WRRS) used to perform and produce real time reconciliation reports.
Education
BBA - ACCOUNTING
University of Dubai
Dubai 04.2002 - 04.2006
IPSAS Training workshop Certificate in Cost Control & Management. Cash Flow Manager Budgeting Preparation Process & Techniques. Basic Memo Writing Skills. Customer Service for Front Line Staff. General - undefined
Mixed Groups Program. - undefined
Skills
Written Communication
Timeline
Deputy CEO
Capital Health Screening Centre - A Mubadala Partner
05.2020 - Current
Acting CEO
Capital Health Screening Center - A Mubadala Partner
01.2020 - 05.2020
Head of Finance
Capital Health Screening Center - A Mubadala Partner
04.2019 - 01.2020
Act. Financial Controller/Head of Business Finance
TWOFOUR54 FZ LLC
01.2017 - 01.2019
HEAD OF FINANCE
TWOFOUR54 FZ LLC
01.2015 - 01.2017
SENIOR FINANCE MANAGER
01.2013 - 01.2015
SENIOR ACCOUNTANT
SENAAT – GENERAL HOLDING CORPORATION
01.2010 - 01.2013
FINANCE TEAM LEADER
01.2008 - 01.2010
BBA - ACCOUNTING
University of Dubai
04.2002 - 04.2006
Accountant
01.2001 - 01.2008
Mixed Groups Program. - undefined
IPSAS Training workshop Certificate in Cost Control & Management. Cash Flow Manager Budgeting Preparation Process & Techniques. Basic Memo Writing Skills. Customer Service for Front Line Staff. General - undefined
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