Joseph Edward Tarabay
Dubai
Overview
21
21
years of professional experience
Work History
Chief Financial Officer
RAR HOLDING group
Head Of Finance
RAR Holding Group
12.2018 - Current
Relationship Manager - International Corporate Department
Byblos Bank sal
01.2007 - 01.2018
Accountant and Inventory Manager
En Cadis sarl
01.2005 - 01.2007
Accountant
Ste. Georges Mouannes Pour Le Commerce
01.2004 - 01.2005
Accountant
Matelec sal
01.2003 - 01.2004
Education
MBA in Banking & Finance -
La Sagesse University
BA in Audit -
EUSEK-Lebanon
Lebanese Baccalaureate -
Rosary Sisters' School
Skills
- Microsoft Office (Excel, Word, Powerpoint, Outlook)
- SAGE (ERP)
- GLobus T24 - Temenos
- Moody's Analytics
- Adobe Acrobat Pro
- Corel Draw
Languages
Arabic
English
French
Residency Status
Valid UAE residency
Marital Status
Married
Current Job
Head Of Finance, RAR Holding Group, Dubail, 12/2018, Current, Oversee and monitor the Group's financial position, activities and capital structure and monitor the respect of covenants given to banks and third parties, as applicable, Work with banks to run daily operations and keep the working capital lines well managed and controlled, Provide the Banks with all required information and prepare the reports to renew and update the granted facility lines after negotiations based on the bank's needs and the group's strategy, Manage interest rate risk by continuous exploring of a better market price and introducing new competitive banking relationships to the board, Establish and evaluate businesses capital requirements and implement programs to secure funds, Determine optimal working capital requirements for sustainability and manage them, Assist the CEO in developing, a strategic direction and positioning to ensure the group's success, Provide leadership, direction and management of the finance and accounting team, Keep the Board aware of the financial position and financial development of the group, Prepare a cash flow forecast. Review this regularly on a daily/weekly basis and ensure the cash is being managed properly. With insuring regular payments of payroll taxes, salaries and VAT, Develop appropriate key performance indicators to monitor & drive the financial performance of the group members, Develop & recommend to the Board an annual operating plan & financial budget that support the group's long term strategy with taking into consideration the Micro & Micro economic factors while coordinating with CEO, GM & COO, Review and manage (and establish as needed) internal systems, processes, and procedures to ensure the integrity, accuracy, compliance, and usefulness of financial information and reporting, Collect and Archive the financial Data to build an accurate "Data Bank" that will allow us to provide truthful reporting for the upcoming years, Ensure that effective internal controls are in place and take steps to enhance, where necessary, the internal control systems within the group, Coordinate the annual audit (and any special or non-recurring audit) with the group's external auditors, Coordinate the review, and liaise with the external auditors as required, of all financial information disclosed in any offering documents of the group, Analyzing each company's receivables on weekly, monthly, quarterly and yearly basis with putting a strategy for the defaulted clients and take the needed measure to avoid the defaulting of the struggled ones and indicate what receivables are coming in before the end of the month using customer-specific payment histories, Manage the priority of suppliers payments based on the GM recommendations, plants shortage and cash flow position. & allocate the needed funds when required, Monitor the group's expenses by comparing it monthly, quarterly and yearly, Insure a minimum gross margin rate by monitoring sales orders and put the needed measures to eliminate negative margin operations and reduce losses, Monitor purchase orders by monitoring the purchases level of each company and insure the continuous availability of the minimum stock required and avoid overstocking, Meeting clients and suppliers to solve existing financials issues and avoid the incoming ones, Analyze production costs incurred, pinpoint significant cash loss areas and separate controllable costs from uncontrollable costs, Establishing ERP system with customizing it to fit the group accounting, financial & inventory requirements. Integrating Microsoft Power Bl with the ERP system with setting up and designing the needed reports templates, Approaching, negotiating and issuing credit insurance companies policy to mitigate receivables risks with training the staff and creating the needed tools to keep the coverage active, Preparing the needed feasibility studies for any new strategy or new project to be applied to public (mainly governmental) and private sectors (mainly banking), Managing owners investment portfolios with coordinating with private banks to benefit from the best market opportunities
Personal Information
- Title: Head Of Finance
- Nationality: Lebanese
Hobbies and Interests
- Football
- Fishing
- Diving
- Reading
- Movies
- Internet
- Hiking
- Music
Training
- Corporate Lending and Financial analysis
- Subsidized & Small Business Loans
- Retail Lending/Risk Management
- ISO 9001: 2000 Quality Management Basic Course
- ISO 9001:2000 Quality Management Advanced Course
- Bancassurance
- Banking Ethics
- Letter of Credit & Bank Guarantees
Timeline
Head Of Finance
RAR Holding Group
12.2018 - Current
Relationship Manager - International Corporate Department
Byblos Bank sal
01.2007 - 01.2018
Accountant and Inventory Manager
En Cadis sarl
01.2005 - 01.2007
Accountant
Ste. Georges Mouannes Pour Le Commerce
01.2004 - 01.2005
Accountant
Matelec sal
01.2003 - 01.2004
Chief Financial Officer
RAR HOLDING group
MBA in Banking & Finance -
La Sagesse University
BA in Audit -
EUSEK-Lebanon
Lebanese Baccalaureate -
Rosary Sisters' School