Nayif Akour, CMA
Abu Dhabi,UAE
Summary
Detail-oriented with financial data and careful to follow accounting best practices, internal controls and regulatory requirements. Helps drive financial improvements with reliable and compliant records accurate for forecasting and business planning.
Overview
19
19
years of professional experience
1
1
Certification
Work history
Post Award Specialist ( Finance business Partner )
Khalifa University
Abu Dhani
03.2025 - Current
- Consolidated and monitored the execution of the Research and Development budget, ensuring financial accuracy.
• Delivered comprehensive financial reports to sponsors and stakeholders, enhancing transparency and accountability.
• Collaborated with project managers to process requests for budget changes, facilitating smooth project execution.
• Developed and refined post-award processes, contributing to improved operational efficiency across departments.
• Close out all funded projects consistent with university process and timelines Contribute to the development, review and improvement of post-award processes and associated workflow refinement.
• review and approve all type of Expenses of the Centers.
• Re-budgeting Activities include Review current budget performance and spending trends, revised budget reflecting new allocations.
• Ensure changes comply with policies, grant terms, or contracts.
• Work closely with Associate Directors, Human Resources (HR), and other internal departments on a daily basis to ensure smooth and compliant post-award grant operations.
• Estimate additional costs and prepare detailed budget.
• Coordinate and execute the closeout of all funded projects in accordance with university policies, sponsor requirements, and established timelines.
• Review Purchase Orders (POs) and Purchase Requisitions (PRs) to ensure alignment with approved budgets and funding availability.
• Review project expenditures, milestones, and deliverables to confirm billing eligibility before invoice submission.
• Prepare and distribute monthly performance and variance reports to track project or departmental financial performance against the approved budget.
• Analyze actual vs. budgeted expenditures, identify significant variances, and investigate root causes.
Budgeting analyst
Integrated Transport Center ( ITC )
Abu dhabi
06.2023 - 03.2025
- Developing organizational and consolidating budget with business unit Directors
- Reviewing accounting transactions to ensure they align with the assigned budget code.
- Monthly meeting with department heads to review segment performance
- Approving funding requests based on budget availability (POs, New, Tendering, extension, variation, and renewal)
- Updating Directors with the execution of funds
- Monitoring spending over the projects of business.
- Upload approved budgets and forecasts through Oracle Hyperion.
- Update monthly and daily cash flow (OPEX, CAPEX, and Revenue)
- Prepare monthly reports of actual spending and revenue and identify the variation with justifications.
- Reallocation of funds for specific items according to business needs.
- Prepare ad-hoc reports requested by the Organization.
- Forecasting future financial needs by reviewing existing contracts & future commitments.
- Participate in establishing the Program Base Budget with the Department of finance team.
- Prepare Segment P&L with KPI
Cost and Financial Controller
Abu Dhabi Media Company
01.2022 - 03.2023
- Control and monitor total project expenditure
Verification of claims from suppliers/agencies/subcontractors - Ensure expenditures are kept within the planned monthly budget and at any given point of time.
- minimize the deviation from the budget and ensure that the project is completed within the approved budget.
- Allocate the budget, and establish a cost baseline
- Assisting the project manager in identifying and gaining approval of estimates/change requests
- Conduct periodic reviews with procurement to establish and maintain forecasts for all packages
- Prepare variances analysis
Group General Ledger- Senior Accountant
Abu Dhabi Media Company
01.2016 - 12.2021
- Performing and responsible for the monthly subsidiaries (United Printing and Publishing-UPP) reconciliations with ADM, the main contact for intercompany confirmation balances
- Managing Monthly reconciliation between Trial Balance with Sub-Leger's
- Reviewing and updating chart of accounts
- Assisting the account controllers in month end closing in journal entries and Reconciliation
- Participate in reporting preparation to management and stakeholders
- Assist finance manager during implementation plans for budgeting and forecasting activities with business partners to achieve business and company goals
- Analyzing and reviewing a accounts Ledger
- Managing GL reconciliations, validations & corrections
- Analyzing variation of revenue, expenses, cash flows, and balance sheet in quarterly base and advising accordingly
- Support, collaborating and attending with internal & external Auditors and providing timely audit schedules
- Participate in the execution of changes to procedures, policies, and systems to facilitate expansion, compliance, and scaling of the business
- Supported monthly reporting analysis to achieve validation of internal reports and to reconcile production operations and general ledger.
- Analyzed financial audit information and made recommendations to improve efficiencies
- Handled month and year-end closing activities with coordinate with finance managers and external auditors.
- Analyzed Quarterly balance sheet accounts for corporate reporting.
Main Accountant
Abu Dhabi Media Company
08.2008 - 12.2015
- Review invoices for appropriate documentation prior to payment
- Assemble invoices to be completed for payment
- Execute credit card and bank account reconciliation
- Compare purchase orders, prices, terms of payment and other charges
- Assisting in general financial management and analysis
- Prepare vouchers listing invoice number, date, vendor address, item description, amounts and coding per accounting policies and procedures
- Preparing analyses of accounts and producing monthly reports
- Completes payments and controls expenses by receiving, processing, verifying, and reconciling invoices
- Disburses petty cash by recording entry and verifying documentation
- Verifies vendor accounts by reconciling monthly statements and related transactions
- Maintains accounting ledgers by verifying and posting account transactions
Accounts Officer
Al Ansari Exchange Company
01.2007 - 08.2008
- Daily drawings of respective banks & submit daily funding reports for various account to treasury/dealing division
- Preparation of Bank Reconciliation statement of different Banks/Agents on
- Monthly basis before the end of following month
- Listing out all unidentifiable/wrong charging on accounts
- Preparation of Letters to the Bank/Agents for rectification of wrong charging
- Reconcile correspondent accounts & ensure all transfer are charged on account and ensure that funding transactions are omitted by bank
- Follow up with the banks if statements are not received with in time
- Ensure discrepancies of past period are rectified
- Repeat communication to bank for rectification of discrepancies noticed
- Ensure prompt funding is made to our DDA Accounts
- Verify Nastro accounts position and ensure accounts are sufficiently funded
- Preparation of Draft drawing reports for Indian banks on weekly basis & submit to auditors of banks for verification
- Preparation of weekly reports and forwarded to the banks to ensure correct
- Funding levels.
Education
Bachelor Of Administrative Sciences - Accounting and Finance
Al Yarmouk University
Skills
- Excel proficiency
- Balance sheet reconciliations
- Financial statements
- Account management
- Cost and revenue analysis
- ERP Software knowledge
Languages
Arabic
English
Certification
- Certified Management Accountant -CMA
- Financial Accounting certificate
- Advanced Excel skills certificate
- CFC - Certified Financial Consultant
- Excel Fundamentals-formulas for finance certificate
- Reading Financial Statements certificate
- Build Dashboard in Power BI certificate
- Power BI for financial data analysis certificate
- Risk Management certificate
- Financial Analysis certificate
- Supply Chain Management certificate
Personal Information
Timeline
Post Award Specialist ( Finance business Partner )
Khalifa University
03.2025 - Current
Budgeting analyst
Integrated Transport Center ( ITC )
06.2023 - 03.2025
Cost and Financial Controller
Abu Dhabi Media Company
01.2022 - 03.2023
Group General Ledger- Senior Accountant
Abu Dhabi Media Company
01.2016 - 12.2021
Main Accountant
Abu Dhabi Media Company
08.2008 - 12.2015
Accounts Officer
Al Ansari Exchange Company
01.2007 - 08.2008
Bachelor Of Administrative Sciences - Accounting and Finance
Al Yarmouk University
Similar Profiles
Maryam AlhebsiMaryam Alhebsi
Volunteer at Khalifa UniversityVolunteer at Khalifa University
Moneirah AlmazroueiMoneirah Almazrouei
Senior Procurement Specialist at Khalifa universitySenior Procurement Specialist at Khalifa university
Moneirah Khameis AlmazroueiMoneirah Khameis Almazrouei
Procurement Specialist at Khalifa universityProcurement Specialist at Khalifa university
MOHAMMED ANEES AKBARMOHAMMED ANEES AKBAR
Optometrist at Al Jaber OpticalOptometrist at Al Jaber Optical
SANTHOSHKUMAR BOOPATHYSANTHOSHKUMAR BOOPATHY
Senior Project Manager at Siemens Industrial LLCSenior Project Manager at Siemens Industrial LLC