Basil F. Al-Jawhari

Successfully established and operationalized the financial department from inception, building foundational systems and processes to support rapid company growth.

Provided critical strategic financial input and leadership, directly influencing key decision-making processes to enhance organizational profitability and mitigate risks.

Developed and implemented comprehensive financial management and control policies and procedures, ensuring regulatory compliance and operational integrity.

Managed and oversaw large-value projects and acquisitions, including the setup of legal entities and joint ventures, contributing to significant business expansion.

Recruited, mentored, and led a high-performing finance team, fostering a culture of accountability and continuous improvement to achieve departmental objectives.

Oversaw all day-to-day finance and accounting operations, including general ledger, accounts payable/receivable, fixed assets, and payroll, ensuring 100% accuracy and compliance.

Prepared and presented timely financial reports (monthly, quarterly, annually) in accordance with GAAP to the CEO, Management Team, and Board, facilitating informed strategic decisions.

Managed the annual budgeting process, integrating departmental operating plans and financial analysis to present comprehensive budget scenarios for Board approval.

Developed and maintained strong banking relationships, serving as the primary liaison with financial institutions to optimize cash flow and financial resources.

Implemented and managed cash flow projections, leveraging existing balances and operating plans to forecast liquidity and support strategic financial planning.

Successfully established and scaled the financial activities of the firm from scratch, building a robust financial infrastructure to support rapid business expansion.

Provided strategic financial input and leadership that directly influenced critical decision-making processes, contributing to enhanced organizational profitability.

Implemented and maintained comprehensive financial management and control policies and procedures, ensuring integrity of financial information and regulatory compliance.

Developed and executed future growth plans, including financial projections and accounting services, to support business development and market penetration.

Managed large-value projects and acquisitions, including setting up legal entities and joint ventures, expanding the company's operational footprint.

Presented accurate and timely historical financial information to all stakeholders, including shareholders, analysts, and management, facilitating transparent decision-making.

Managed the company's financial condition and capital structure, making strategic investment decisions and optimizing the mix of debt, equity, and internal financing.

Developed and implemented economic strategies and forecasting models to identify efficiency gains and capitalize on market opportunities.

Managed and supported all bookkeeping functions, including sales orders, banking, reconciliation, purchase orders, and credit control, ensuring meticulous financial records.

Prepared monthly management accounts and annual statutory reports, including consolidated financial statements, to provide a clear financial overview for the Board.

Ensured 100% financial accuracy and reliability, maintaining the integrity of financial data across all operations.

Guaranteed effective and efficient operation of financial systems, optimizing processes for maximum performance and data flow.

Maintained total compliance with all Retail and group policies, minimizing risks and ensuring regulatory adherence.

Managed daily cash flow and forecasted financial needs, ensuring optimal liquidity and resource allocation.

Collaborated with managers to provide financial analysis and advice, contributing to profitable growth of the division.

Analyzed and reconciled clearing accounts with branches, ensuring accuracy and resolving discrepancies efficiently.

Prepared periodical financial statements, providing timely and precise financial overviews.

Coordinated budget activities, contributing to the development and monitoring of financial plans.

Updated budget and reporting variances, providing critical insights for financial adjustments and strategic planning.

Approved general journal entries for posting and managed all General Ledger related activities, ensuring data integrity.

Managed and followed up on all accounting department functions, ensuring smooth operations and compliance.

Oversaw stock control processes, optimizing inventory management and reducing losses.

Liaised with banks and government agencies, ensuring compliance with financial regulations and reporting requirements.

Maintained and updated financial records, ensuring accuracy and readiness for audits.

Prepared balance sheets and final statements, providing a clear financial picture for management.

Developed and implemented auditing procedures for junior auditors, enhancing team efficiency and audit quality.

Conducted comprehensive checks on auditing procedures and activities of all junior auditors, ensuring adherence to standards and accuracy.

Managed customer follow-ups and oversaw the upgrading of internal auditing systems to improve efficiency and data integrity.

Performed feasibility studies for clients across various project types, providing critical financial insights for decision-making.

Prepared detailed auditing reports and managed all tasks on computer and manually, ensuring thorough documentation and analysis.

Conducted auditing for several companies with diverse activities, ensuring compliance with financial regulations under senior auditor supervision.

Prepared detailed auditing reports, summarizing findings and recommendations for management review.

Maintained and updated financial records, ensuring accuracy and completeness for audit purposes.

Performed all assigned tasks on computer and manually, demonstrating proficiency in accounting software and manual processes.

Assisted in following up with banks and providing necessary reports, contributing to efficient financial operations.