Adeel Hasan

Experience

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  Juffali Industrial Products Co. (JIPCO), (Mercedes-Benz – E. A. Juffali & Brothers)

  Feb 2003 - Sept 2003

  Accountant

  JIPCO is the sole sales, marketing and after sales services partner of Mercedes-Benz AG commercial vehicles – from heavy duty trucks and buses to the smaller vans and coaches.

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  Arabian Metal Industries Ltd, Juffali Group

  Sept 2003 - Sept 2006

  Financial Accountant

  Arabian Metal Industries Limited (AMI) serves the growing market for a wide range of commercial vehicle and superstructures in Middle East and North Africa.

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  BATCO Telecom & IT Solutions

  Sept 2006 - Oct 2017

  BATCO is a leading Telecommunication, Electro-mechanical, Operation & Maintenance, IT, OSP and ISP solutions provider working with operators, vendors, government and private sector organizations. I also served as the Deputy CEO since 2007, Deputy General Manager since 2006 and Operation Manager since 2014. Key Accomplishments:• Development of 2 year and 5 year organizational strategy and roadmap.• Achieved CAGR of +31% in annual revenue over 10 years.• Managed multiple projects simultaneously values between $5 million to $60 million.• Closed multiple deals valued above $5 million with telecom operators, government and vendors.• Development of a customized project management software, tracking sales orders, budgets, procurement, manpower and cost, through “Cost Centers” implmentation.• Implementation of Microsoft Dynamics ERP in four group companies.• Automation of company’s operational & financial processes for timely management reporting.• Merger of BATCO Telecom and Saudi Networkers Services operations.• Managed international financial reporting and budgeting with operations in KSA, UAE, Oman, Algeria, Iran and Pakistan.• Successfully managed business during rapid & sustained operational growth, leading a team of 1,500+ full-time and contractual staff spread across Saudi Arabia through branch offices and in remote locations.• Lead USD 63 million (SAR 235 million) mega project in 2016 for implementation & management of long-distance Fiber Optic Network of 1,500 km with the Ministry of Interior (MOI).• Successfully negotiated Project Financing with banks, including Short Term Loans, Invoice Discounting & LC Refinancing.• Achieved level 2 Governmental Classification at BATCO in 2012 and 2017. Show less A snapshot of my responsibilities encompasses:Managerial Activities:• Providing leadership in the development of short & long-term strategic & financial objectives. • Formulating and administering company policies and procedures.• Setting departmental KPI’s and measuring progress to ensure implementation of goals and objectives.• Serve on planning & policy-making committee, converse with GM, CFO and CEO on operations & strategy.• Preparation of annual budgets, quarterly forecasts & feasibility studies. • Presenting financial and operational reports to the Board of Directors during quarterly board meetings.• Maintaining strong relationships with banks, negotiating project financing, short term loans, credit facilities, loans rescheduling, LC’s and LG’s, and ensure compliance with bank covenants.• Leading the Sales & Tendering team to identify & approve the participation in new business opportunities.• Commercial and contractual negotiations with Vendors, Telecom Operators, Government and subcontractors.• Negotiating new business opportunities and renewal of existing contracts.• Commercial & contractual management of business contracts to maximize return.• Review and analysis of VAT implications on the business, guide the preparation of the Finance, IT, Procurement & Sales for VAT readiness, review and update of existing contracts.• Implementing risk assessment policies and procedures and updating internal control systems.• Recommend & drive enhancements of IT systems in line with internal control & reporting requirements.• Plan resources requirement; approve hiring & termination, identifying, recruiting, coaching & counseling managers, communicating organizational values, strategies & objectives.• Preparing and recommending the annual appraisals, sales commission and bonuses for the company.• Collaborating with customers, suppliers and employees to build company values and enforcing organizational standards and ethical business practices. Show less

  • Finance & Operations Manager

    Sept 2006 - Oct 2017

  • Finance Manager

    Sept 2006 - Oct 2017
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  Tanmiah Food Group (Tanmiah), (Al Dabbagh Group Holding)

  Nov 2017 - Jun 2018

  Group Finance Manager

  Tanmiah Food Group (TFG) is engaged in the food and agriculture business for more than 50 years, catering to the fresh chicken and cooked meat markets of retail and B2B customers within KSA and GCC. My responsibilities encompasses:• Providing leadership in formulating and administering company financial policies and procedures.• Serve on planning & policy making teams & converse with Group CFO, COO & CEO on operational & strategic issues.• Coordinate the VAT implementation, analysis of impact assessment on the business, guide the preparation of the Finance, Treasury, IT, Procurement & Sales for VAT readiness.• Drive the early adaptation of the IFRS including IFRS 16; assessment, transition, quantification of gaps and preparation of opening balance sheet; revision in the policy manual and SOP’s.• Enhancements & automation of financial & management reporting systems.• Responsible for the development and preparation of annual budgets. • Review monthly standalone & consolidated financial statements.• Prepare and present monthly management reports and quarterly performance reports for Board of Directors.• Review of monthly production costs by SBU, highlighting trends in operational performance against budgets.• Preparation of the annual appraisals and approval of the sales commission and production incentives.• Coordinate with external auditors to ensure timely issuance of financial reports & Tax filings.• Supervise physical verification, reconciliation of inventory and tagging of company’s assets.• Supervise accounting function, general ledger, accruals and provisions.• Maintaining accounting manuals and standard practice instructions.• Update internal control systems, maintaining integrity of accounting & management information systems.• Leading the daily operations of finance department to effectively accomplish the department's goals & objectives. Show less

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  Fowrry

  Aug 2018 - now

  CEO, CFO

  Founded in 2018 with a mission to transform the ecommerce marketplace providing convenience in the routine daily life purchases of fast-moving consumer goods. Fowrry has surpasses USD 1 million revenue, delivered +110,000 orders to +9,000 consumers, with +35% re-ordering 3-5 times monthly. My role includes:• Providing leadership in formulating and administering company strategies and growth plans.• Managing business growth, analyze and measure financial performance with P&L ownership.• Developing and refine business strategy to enhance value proposition in line with overall business objectives.• Leading the development of financial proposals and business presentations. • Monitoring the operational budget and managing burn rate and cash flows. • Develop & monitor KPI’s to track growth initiatives & departmental performance and identify areas of improvement.• Providing leadership and direction on technology product development.• Managing investor relations and ensuring compliance with grant funding KPI’s.• Developing operational strategies in coordination with the COO and executive team.• Built strong organic social media presence with +25,000 followers across social media platforms.• Building strategic partnerships with key ecommerce players; Foodpanda, Airlift, Cheetay, Bykea, JOVI, M&P and TCS.• Arranged various national and international trainings for the team in entrepreneurship, IT, AI, ML and cloud.• Participated in local and international competitions, exhibitions and entrepreneurial development programs.• Attracting, retaining & developing talent by cultivating a high-performing team culture and structure. Show less

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  Freelance

  Nov 2020 - now

  Independent Consultant

  Coaching local and international business and startups on their growth journey, development of business plans, preparing pitch decks, business model canvas, financial projections, forecast models and go to market strategies.

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  Dermasation

  Mar 2022 - now

  Independent Director and Advisor
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  FRESH FACTOR

  Jul 2022 - now

  CEO, CFO

  Fresh Factor was founded in July 2022 with a passion for sustainable agriculture. We work with households, businesses, and organizations to help them start their own smart rooftop farms to grow organic vegetables.

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  National Incubation Center (NIC Pakistan)

  Nov 2022 - now

  NIC Alumni (www.fowrry.com)