Oracle ERP
MOHAMED HARES
Deputy GM Finance And Administration Manager
Dubai
Summary
A seasoned leader of Finance and Administration in the F&B restaurants business with over 16 years of experience in GCC (Kuwait and UAE), leading profitability turnaround in depressed economies & underperforming markets with a very solid track record of developing & implementing both turnarounds & growth strategies as well as leading transformations & restructuring of business to achieve sustainable growth. Collaborative team player with ownership mentality and a track record of delivering the highest quality strategic solutions to resolve challenges, propel business growth.
Business-minded Finance Manager promoting more than 16 years of expertise overseeing transactions and reconciling monthly financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills.
Overview
16
16
years of professional experience
5
5
years of post-secondary education
2
2
Languages
Work History
DEPUTY GM Finance and Administration Manager
F&B DIVISION MENA REGION, J.S. LOOTAH GROUP
DUBAI
07.2020 - Current
- The company:
- Mid-sized F&B firm operating fast food restaurants and Kiosks located in Dubai, Sharjah and Al-Ain, managing financial and cost control of organization while ensuring they sustains quality and professional services towards customers, in additions to managing and scaling full range of menu items, catering service, events, food trucks, virtual brands, and cloud kitchen concept
- Summary:
- Managed to work and lead all the organization’s departments, starting with the finance department and moved to other departments by setting necessary policies and procedures to be implemented, in addition to being an inspired leader for the organization and assist its legal compliance and employee satisfaction models and financial rewards, formulate strategic and operational objectives, currently assigned as acting Managing Director for the group
- Managing and approving the Business Plan and strategy
- Preparing the Marketing and Promotional Calendar in line with the group’s F&B Marketing Plan
- In charge of selection and recruitment of colleagues in line with organizations required skills set
- To implement, follow and ensure consistency of the policies and procedures
- To develop and enhance a strong work relationship within the standalone shops and corporate offices, including Finance, HR, Sales & Marketing
- Identify training needs and propose training plans to maintain standards of F&B service
- Evaluate performance of team and initiate promotions or internal transfers
- Attend daily F&B briefings or meetings and ensure proper communication is delivered to the team
- To be up to date of other events in city that may impact the business positively and maximize every single opportunity
- Monitor hygiene and cleanliness standards in the outlet and upkeep of all service equipment as per Restaurant’s & Municipality standard
- Achievements:
- Led the group to achieve the highest sales and profitability during COVID19 pandemic by applying new sales channels, profitable offers, and events
- Providing bank facilities to support the business, in addition to rebuilding trust between the banks and the group
- Restructure of entire organization hierarchy in terms of operation, finance, HR and marketing, to save cost and enhance productivity
- Signed with main events in the country such as Expo and exceeded profit expectations and overcoming losses.
- Collaborated with leaders from other departments to achieve consistent processes and maximize efficiency of resources.
- Learned and applied preferred systems for scheduling, purchasing and problem-solving.
- Built excellent employee experience through culture of service and execution of employee assistance programs.
- Supervised hiring processes and vendor relationships to maintain smooth operations for company.
- Established workflow processes, monitored daily productivity, and implemented modifications to improve overall performance of personnel.
- Coordinated customer, vendor and stakeholder relations for smooth communication flows.
- Supervised staff and delegated tasks to maintain positive, productive administrative operations.
- Analyzed data related to administrative costs and spending trends to prepare budgets for personnel.
- Updated reports, managed accounts, and generated reports for company database.
- Met department budgets by monitoring and reporting on office expenses.
FINANCIAL PLANNING AND ANALYSIS MANAGER
KUWAIT FOOD COMPANY (Americana Restaurants)
DUBAI
02.2007 - 07.2020
- About the company:
- A regional pioneer, Americana introduced the concept of Quick Serving Restaurants (QSRs) to the Region
- Opening its first QSR, Wimpy, in Kuwait in 1964
- Today, the Restaurants Division operates close to 2,000 restaurants, with over 35,000 employees, in 12 markets
- Americana is the franchisee for some of the world’s most prominent brands in fast food and casual dining; including KFC, Pizza Hut, Hardee’s, Krispy Kreme, Costa Coffee and TGI Friday’s; to name a few
- Summary & Achievements:
- Preparation of the annual budget process and total consolidations
- Preparation of financial and operational reporting materials for Group and Board (Monthly BRM and Board Decks)
- Support Brand Leadership in providing analysis related to operations and financial performance, as well as any ad hoc requests
- Lead monthly financial reviews with Brand Leadership
- Creation of analysis tools that will aid in the management of the business – (i.e., food variance, labor variance, consolidated financials, P&L and Balance Sheet forecasting, etc.)
- Preparation of monthly management reporting (P&Ls, Balance Sheets, EBITDA Reconciliation, Pacesetter
- Using ZBB budget method in the budgeting, planning and forecasting.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Established and checked coding procedures, monitored reports and updated internal files.
- Utilized financial software to prepare consolidated financial statements.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Evaluated and negotiated contracts to procure favorable financial terms.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Developed strategic plans for day-to-day financial operations.
- Created and managed financial models to evaluate corporate investments and acquisitions.
- Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Collaborated with C-level executives and stakeholders to develop long-term financial plans.
- Created financial dashboards to provide insights into key performance indicators.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Designed and maintained financial models to identify and measure risks.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Complied with established internal controls and policies.
- Supported financial director with special projects and additional job duties.
- Conducted financial due diligence on potential investments and acquisitions.
Education
Financial Planning And Analysis
THE GEORGE WASHINGTON UNIVERSITY, MIDDLE EAST
Dubai, UAE 01.2011 - 12.2011
BACHELOR'S DEGREE - Accounting And Business Management
CAIRO UNIVERSITY FACULTY OF COMMERCE
Cairo, Egypt 09.2001 - 12.2005
Skills
Professional Negotiatorundefined
Software
MS Office
SAP BO/BI
Hyperion
Power BI
Excel
Power Point
Timeline
DEPUTY GM Finance and Administration Manager
F&B DIVISION MENA REGION, J.S. LOOTAH GROUP
07.2020 - Current
Financial Planning And Analysis
THE GEORGE WASHINGTON UNIVERSITY, MIDDLE EAST
01.2011 - 12.2011
FINANCIAL PLANNING AND ANALYSIS MANAGER
KUWAIT FOOD COMPANY (Americana Restaurants)
02.2007 - 07.2020
BACHELOR'S DEGREE - Accounting And Business Management
CAIRO UNIVERSITY FACULTY OF COMMERCE
09.2001 - 12.2005
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