Ahmad Tarakhan

Key achievements : • Timely Monthly Financial statement and analytical reporting to CEO, Group Internal Audit & Financial reporting department. • Coordination with External Auditors and Statutory Reportable Bodies for quarterly and annual audits/ reporting. • Restructuring of Finance facilities resulting in reduced finance cost and improving cash flows cycles. • Maximizing Gross profit by price and cost controls measures. • Successful Cash flows management. • Preparation of the Annual Budget, Forecasts & 5 years Business plan. • Feasibility study for acquisition of a competitor. • Restructured reporting cycles and developed new P&Ps. • ERP business cycles correction & redesigned workflows. • Empowering the finance & accounts department team with on-hand training, knowledge sharing and respect. Developed the culture of responsibility and accountability with the department. • Analytical of deviations & Decision-Making Reporting. • Ensured Cost control & optimization by internal controls. • Member of Executive Operations Decision Making Committee

Key achievements : • Monthly financial reporting at different levels as standalone, combined and consolidated reporting. • Timely submission of BOD CMA report. • Assisting group CFO in finance management for securing financing for the group subsidiaries at better prices which resulted in reducing the finance cost of the whole group • Zakat management ensuring timely accurate reporting to the authorities (Successfully reduced the prior year’s assessments exposure for the Group). • Team leader for the implementation of the VAT regime in the group and successful reporting for the same at group level. • Successful transformation to IFRS based reporting. • Development of the complete financial reporting from COA to the process flows for a group subsidiary along with ERP implementation. • Quarterly and Yearly CMA reporting with co-ordination of External Auditors and Group Reporting manager. • ERP Implementation • Assisting the group CFO for restructuring of the previously acquired subsidiaries. • Clearing pre-joining gaps in many areas to ensure historical data integrity.

Key achievements : • Ensuring GLs integrity for timely accurate reporting. • Preparation of monthly analytical packs as decision making aides document for • Loans & Borrowings • Payable management • Weekly reporting to GM operations for set of defined areas. • Ensuring budgetary controls and reporting deviations. • Assisting in budget preparation • Calculation of the competency margin and insure that its within the boarders of the regulatory parties • Helping in preparation of the yearly annual book and BOD reporting • Helping the actuarial with the needed data and analysis to calculate the insurance premium and expected risks • Leading the team in the HQ and other branches to deliver better results and maintain the required internal control in addition to insure managing the collection on timely base to keep the healthy internal working capital.

Key achievements: • Ensuring timely completion of assigned tasks on daily basis. • Reporting monthly with accuracy. • Successful cross functional responsibilities completion.