Hussein Jakhlab

Experience

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  Basim Auditing and Accounting EST

  Feb 2004 - Apr 2006

  Auditor

  • Checked and reviewed the client’s bookkeeping and ensure all are matching with the IFRS.• Prepared the Annual Audit statements and mad the necessary adjustment.

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  Alamco

  Apr 2006 - Apr 2008

  Senior Accountant

  • Monitoring the day-to-day financial operations.• Involved in the treatment of inventory movement (Usage, of fixed assets Addition, Disposal Depreciation).

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  Juma Al Majid Holding Group L.L.C

  May 2008 - Jun 2010

  Senior Accountant

  • Maintained the various ledger accounts including reconciliation of the district general ledger, revenue accounts, expenditures, and cash balance.• Reviewed aging reports, receipt register, cash receipts, invoices adjustments, PDC cheques report, cash income, incomplete transaction report, and unposted items report.• Checked the wrong mapping & adjustment.Achievements:• I Have been promoted from Accountant in AR to Senior accountant GL after 1 year and 8 months.

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  Pressbolt Middle East Manufacturer of Bolt and Nut LLC.

  Jun 2010 - Sept 2014

  Accounting Manager

  • Prepared monthly management reports to Headquarters in Italy.• Managed of general ledger, accounts receivable & payable.• Involved in making accounting policies and procedure improvement & development.• Presented financial statements and highlighted risk issues.• Managed & supervised all accounts transactions.• Prepared monthly and annual financial statements.• Prepared annual budgeting.• Assisted in documentation and monitoring of internal controls.• Prepared schedules and other disclosures needed to complete audits smoothly. • Managed all the tasks related to the yearend financial closing for all the entities within the company. Show less

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  TotalEnergies

  Oct 2014 - May 2015

  Budgeting & cost controller

  • Preparing the annual budget.• Proposing, implementing and maintaining documented systems of financial policies and procedures.• Coordinate with other departments to obtain their CAPEX & OPEX requirements based on the strategy, business plan, exciting projects & new projects.• Ensure meeting budget submission deadlines.• Reviewing all assumptions in Budget based on the business plan and negotiating the challenges to achieve that numbers and finding a ways for cutting costs.• Overseeing the budget and overseeing controls on the expenditure amounts.• Perform financial analysis and review of all expenditures and revenues using SAP, and provide timely reporting to the executive team.• Re-construct the budget by department according to the new organization chart.• Making the monthly running costs, identify and analyze gaps to propose the corrective actions.• Build the roadmap to achieve the cost reduction objective.• Reviewing and update the time-writing and create a procedure to update the managers who is making time-writing “time allocation”.• Define a procedure to ensure that the delegation of authority is correctly applied in the company. Show less

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  Technical Scissors Company

  Jun 2015 - Oct 2019

  Finance Manager

  • Perform and oversee the daily operations of the accounting department including:(Month and end-year process, accounts payable/receivable, cash receipts, general ledger, payroll, treasury, budgeting, cash forecasting, revenue and expenditure variance analysis, capital assets reconciliations, trust account statement reconciliations, fixed asset activity).Achievements:• Managed a team of 24.• Rebuild the accounts department as modules.• Changed the accounting software to ERP system.• Helped the company to manage cash flow issues and bring new funds through financing tools.• I have been promoted 3 times during my period, after 6 months from senior cost controller to Chief accountant, and after a year to be the finance manager. Show less

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  Joint Scope Technologies

  Jan 2020 - Mar 2023

  • Working closely with CEO to define the company vision and strategy for long range planning, including corporate development.• Responsible for the day-to-day operations of the business, by reviewing and approving payments, payroll, tenders.• Initiate weekly/monthly/quarterly/annual business reviews with Head of Departments.• Tracking performance relative to budgets, milestones, and performance targets.• Designing strategy, Policies and setting goals for growth.• Building corporate structure of our growing business.• Negotiating significant company contracts, deals and financing.• Responsible for overseeing, Develop and control the annual budget, improving sales, controlling cost, evaluating performance and productivity and manage KPIs results.• Serving as internal consultant on financial matters and suggesting strategies that keep the business aligned with budgeting and growth goals.• Negotiating new investments opportunities.• Providing solutions to company issues. Show less • Monitoring the day-to-day financial operations.• Managing the preparation of the company’s budget, cash flow, cash position and VAT filing.• Conducting regular financial analysis and recommend solutions to any problems.• Assisting and advising the top management on spending, cost controls, and resource allocation that would lead to achieve the financial targets.• Set-up KPI's for direct reports, conduct reviews and mentor to support the team.• Preparing and driving P&L performance for the Business Line to include actual, forecast, and budgeting financials.• Ensuring the accounting records follow local requirements and IFRS.• Assisting in implementation of the finance related bits relating to CRM system.• Serving of Revenue Cycle Management (RCM) processes and systems accounting experience. performance indicators, KPIs and dashboards, billing, cash posting, contract analysis, and collections.• Managing the monthly closing accounts as per the deadline including accrual and prepayment entries in the ERP system.• Providing various reports in coordination for monthly MIS, budgets, forecast, in relation to finance function.• Contracted outside services for auditing, banking, investments, and other financial needs as necessary.• Establishing and maintaining financial policies and procedures as needed.• Developing external relationships with appropriate contacts.Achievements:• Managing a team of 56 executives and assistants in UAE, and 18 outsourcing team outside UAE (Egypt, Jordan and Turkey).• Helping to cut business costs, reduce expenditure by 5% .• Saving time, by using previous excel reports, and bring ideas to use software like (click- up, Jira and CRM and other Project management tools).• Increasing revenue of 5-10%.• I Have been promoted from Finance and Admin Manager to General Manager after a year. Show less

  • Chief Business Officer

    Jan 2021 - Mar 2023

  • Finance and Admin Manager

    Jan 2020 - Jan 2021
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  Delham Group

  Apr 2023 - now

  Chief Business Officer

  • Negotiating a new investment opportunities in KSA & UAE.• Studing the opportunity for new business.• Expanding the group by opening new companies.• Re-build strong and suitable company structure.• Tracking performance relative to the company plan & targets.• Project Managment.Achievements:• Sales growth 21%• Cost cutting of 16%• Opening a new company.• Marketing campaign in KSA Market, to improve the company's market share.• Restrucchering for the company Orgenisation.• Departments evaluation and re-structure.• Upgrading IT Dep by changing the company software and re-build the website and company branding.• New group Identity, by changing the logo and re-sort the services. Show less