Abdullah BAGHDADI

Experience

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  Al-Namaa Shareholding Company

  Jan 2002 - Jan 2007

  Financial Director

  * Managing and guiding the accounting departments and maintain financial accounting records.* Ensure maintaining general ledger, stock ledger, accounts receivables, accounts payables, payroll, fixed assets and accounting information system.* Involved in financial resource orchestration, budgeting and forecasting.* Key person for formulating and implementing accounting policy and procedures.* Analyzing each customer’s account on a monthly basis and prepared receivables ageing report to direct credit meeting with sales department.* Monitored revenues/expenses and ensuring compliance of the established guidelines, and investigating/ analyzing variances to plan.* Analyzing the input and updated data to the payroll system to finalize the salaries transfer to employees' accounts properly and in a timely manner.* Preparing reports for the Management after analyzing the financial data, business operating trends, obligations costs, revenues, and financial commitments to achieve the financial objectives.* Directing the end of month accounts, year-end closing, accounting analysis & reporting, operating expenses, billing & collection, and taxation.* Involved in establishing, maintaining and developing standard cost and inventory system in coordination with the supply chain department and managing consolidation for all financial statements related to all entities. * Preparing special reports model, analysis and assessments to assist in the preparation of statistical studies. * Identifying individual training needs and working towards eliminating weaknesses through training and one-on-one sessions. Daha az göster

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  Itsalat International Company

  Jan 2007 - Jan 2011

  Financial Manager

  •Directs the activities of the accounting departments and maintain financial ac-counting records through the supervision of general ledger, stock ledger, ac-counts receivables, accounts payables, payroll, fixed assets and accounting in-formation system.•Manages available financial resources through the correct expense projection, revenue forecast, and according to the established and maintained accounting policy and procedures.•Directs the end of month accounts, year-end closing, accounting analysis & reporting , operating expenses, billing & collection, and taxation•Ensures that all accounting policies and procedures are in line with IFRS•Advises on desirable operational adjustment with an eye on the audit standards set by internal and on external auditors•Prepares L/C’s & L/G’s •Prepares monthly expenses and P&L reports and monthly financial statements, submits them on time to the head office in Dubai and back up to G.M.•Directs presentation of monthly financial information and report results to G.M•Directs the preparation of the annual and mid-year budgets and implements the needed achievement programs for these required budgets. •Directs budget presentation for Nokia meeting in the presence of senior man-agement and relevant parties.•Evaluates and compares between actual and planned budgets and analyses deviations to top management. Daha az göster

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  IKK Group - Isam Khairy Kabbani Group of Companies

  Jan 2011 - Jan 2014

  National Financial Controller / National Treasury & Trade Manager

  -Heading and managing a team of 10 members and reporting to the CFO-Managing documentations concerning Contract, Letter of Intent, Letter of Proceeds, cash flow, P&L, etc.-Involved in reviewing the Bank Facility Requirements for the Project including LC’s, LG’s, Mobilization, etc.-Monitoring the Facility Line for Project Finance and scrutinizing the Projects status reports monthly.-Assigned responsibility of managing the cash flow for all regions and achieving the forecast collections. -Monitoring basis bank transaction to ensure no shortage of liquidity and providing the needed funds for all regions and PU’s.-Managing Project Finance & Project Pool & Follow up on Bank Facility renewals.-Responsible for administering the letter of credit guarantee compliance with international standards and Bank requirements & ensuring follow up of expired LG’s from business units.-Administer the letter of credit documents to determine compliance with international standards and Bank requirements.-Monitoring due dates of LC refinance to ensure availability of adequate funds with the corresponding banks to settle maturing LC’s and LC refinance.-Optimization activities for the Banking facilities and involved in reducing cost of the facilities.-Implementing the financial policies and directives of company and maintaining good relationships with bankers and creditors.-Key person to maintain reporting system to the banks monitoring monthly and annual closing.-Meeting with the auditors to answer all the queries to their satisfaction and resolving all the points as suggested and recommended.-Formulating and implementing policies, procedure and paper cycle of paper documents for smooth handling of asset management.-Liaise and coordinating with the RFC to ensure the fixed assets register is managed and maintained in compliance with the “fixed assets register procedure.”-Preparing reports on Combined Financial Statements, Consolidated Daha az göster

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  Sale International LLC

  Jan 2014 - Jan 2016

  Cash Management & Treasury Director

  •Implement day to day financial decisions based on evaluated daily cash requirements and potential cash flow•Maintain adequate liquidity by optimizing utilization of funds at minimal costs by implementing effective cash handling methodologies•Ensure compliance to organizational policies, accounting principles and statutory regulations for maintaining updated accounting status•Participate in various internal & external audits based on statutory requirements and update the senior management for effectively implementing audit recommendations•Build & maintain productive business relationship with banking & financial institutions •Manage banking operations aimed at cash & liquidity management, automated bank reconciliations, treasury management solutions and e-banking solutions•Implement product & service innovations to optimize cash flow, working capital and accelerated cash flow cycle•Collaborate with the legal fraternity for initiating legal proceedings against perennial defaulters and for mitigating other fraudulent cases•Collaborate in defining & aligning department’s treasury strategy to organizational business objectives•Define KPIs for the treasury department including treasury policies & procedures (with appropriate controls & authorization levels across the Strategic Business Units) for maintaining seamless operations•Prepare & implement treasury risk management and liquidity contingency plans to minimize business impact of changing market dynamics and other related factors•Prepare & present various reports on cash flow status, forecasts, investment and banking facilities to the senior management and other stakeholders to enable effective decision making•Maintain & archive updated financial records of day to day business transactions based on operational and statutory requirements•Collaborate with internal & external auditors in preparing various audit reports and follow up with respective teams in implementing audit recommendations Daha az göster

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  AL KIMAM HOLDING

  Jan 2016 - Jan 2020

  Group CFO
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  Madar Group - Headquarters

  Jan 2020 - Jan 2022

  Group Co-CEO
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  ChartSeven

  Jan 2022 - now

  Founder & CEO

  ChartSeven is a consulting firm that focuses on company's processes, growth management, strategic objectives and implementation challenges by partnering senior managers and business owners to reach their goals and create the value they are looking for.ChartSeven believes in blending cumulative experiences with digital and human capabilities to achieve success and sustainability. Our success depends on a spirit of deep collaboration with our clients, our people, and our firm.