Hani Shahein
Salmiya,Kuwait
Summary
Accomplished professional with extensive experience in Planning and Financial Management demonstrating high-level statistical and analytical skills. Adept at time management, organizational skills, and effective communication. Expertise in strategic planning, project budgeting, financial management, corporate strategy, budget administration, financial modelling, market and competitive analysis, business analysis, mergers and acquisitions. Committed to leveraging training and coaching skills to drive team success and achieve organizational goals.
Overview
21
21
years of professional experience
1
1
Certification
Work History
Vice President
KAMCO Investment Company, KAMCO Invest
Sharq, Kuwait
05.2013 - Current
- Prepare the company's master budget and Long Range plan
- Sharing in setting the top-down targets for business units
- Supervising preparing bottom-up budget templates to be sent to business units' heads to fill with the most recent financial data and a forecast for the year
- Setting up meetings with business units' heads to explain the budgeting process and agree on the company's overall budget targets
- Preparing budget model to compile the budget templates
- Discussing received budget templates with business units to achieve company's overall goal
- Compiling received templates into the budget model to produce company's master budget and related financial information
- Preparing the budget presentation including operational and financial data to be presented to Executive committees and Board of directors
- Uploading the budget to the financial system after it is approved
- Providing the business units with a monthly variance analysis report as compared to their budgets to make sure that they are on the right direction towards achieving the overall company's goal
- Providing financial data to the division heads by submitting reports in a timely manner to help decision making process including daily, weekly and monthly reports
- Reviewing the preparation of operational and financial reports that will be sent to executives to help improve the business processes and profitability
- Helping in implementing the accounting and other reporting tools related to financial and regulatory reporting
- Building the company's chart of accounts and monitoring the addition of new subsequent accounts
- Setting the company's financial and accounting activities
- Developing and reviewing the accounting strategies, policies and plans in consultation with other business units' heads
- Reviewing the preparation of financial reports such as income statements, balance sheets, cash flow and analysis of current and future earnings and income
- Providing consultation on investment strategies, sources of funds and dividends distribution
- Monitoring the day to day work including the General ledger and accounts payables
- Supervising the preparation of financial data related to the company's financial performance
- Supervising the operating reports that relates to the financial implication over the organization
- Following up the collection of outstanding balances due to the company to enhance the cash position of the company
- Monitoring the cash position of the company to provide the funding needs for the company when need
- Evaluating the company's potential investments to identify the company's exposure and risk
- Handling the company's proprietary books and seek probable selling opportunities for risky investments
- Evaluating the financial proposal for financing the new operational projects
- Helping in solving the issues and disputes related to tax issues
- Prepare the financial data as instructed by Regulators and standards setting bodies and making sure to comply with their rules and regulations.
- Mitigated risks, enhancing overall operational efficiency.
- Coordinated cross-functional teams for streamlined workflow processes.
- Guided organisational development with structured performance management systems.
- Streamlined operations by implementing efficient management strategies.
- Achieved corporate objectives with strategic planning and execution.
- Established partnerships for expansion opportunities.
- Directed resources to maximise productivity levels.
- Introduced innovative solutions with a focus on problem-solving and critical thinking skills.
Senior Financial Analyst & Assistant CFO
Global Clearinghouse Systems, Agility Group
06.2008 - 05.2013
- Oracle Financial, Discoverer, HFM, IT2), Preparing the Monthly Financial Statements (MIS)
- Preparing a quarterly Rolling Budget
- Financial Statement Analysis
- Revenue Assurance and following up with the accountants regarding the collections
- Cash Management and forecasted cash position
- Preparing Quarterly Performance Reports and submit them to the HO
- Preparing forecasted Cash Flow & Projected Financial Statements
- Preparing and reviewing the company's annual master budget
- Preparing the variation & Ratio analysis reports
- Finalizing the interim financial review with the external auditor
- Follow up with the taxation and related matters
- Helping the external auditors to finalize the year-end financials until issuing the audit report
- Supervising the accounting team in closing the month and verifying the accounts.
Financial Consultant
Development Company
10.2007 - 06.2008
- Sharing in Oracle Financial implementation
- Finalizing the year-end financials with the external Auditors
- Preparing the Financial Statements
- Following up the completeness of the projects with the contractors in Qatar
- Preparing the variation & Ratio analysis reports
- Evaluating and Booking the Investments
- Reviewing Journal Entries
- Reviewing payment certificates from the contractor and prepare the payment
- Finalizing the year-end financial statements until the issuance of audit report.
Acting Finance Manager
United Networks Group, KIPCO Group
04.2007 - 06.2008
- Preparing the monthly Financial Statements
- Preparing segmentation reporting
- Cash Management
- Analyzing the performance of the monthly sales and the deferred revenues
- Preparing Quarterly Business Review reports
- Sharing in preparing annual budget for the group
- Preparing the ratio analysis reports
- Financial Statement Analysis
- Revenue Assurance
- Sharing in preparing some business models like Commission scheme
- Sharing in some Internal Audit projects with the financial controller & KIPCO internal audit manager
- Preparing a weekly projected cash flow for the group
- Sharing in some re-structuring projects
- Helping the external auditors to finalize the year-end financials.
Senior Accountant
Xpress Services Co
04.2006 - 04.2007
- Handling Accounts & Preparing Financial Statements for more than 10 satellite channels
- Preparing monthly performance reports for management
- Managing the collection process for the satellite channels all over the Arabian Countries
- Accounts Receivable Reports & Aging
- Preparing budget and monitoring
- Following up with the third parties for the collections
- Handling the accounts for one of our subsidiaries (X-Net)
- Preparing some accounts analysis for the external auditors.
Senior Accountant
Mejhem Global Company
11.2005 - 04.2006
- Sharing Preparing Financial Statements
- Preparing Suppliers Payments
- Bank Reconciliation
- Handling Petty Cash
- Monitoring daily sales in the outlets
- Reviewing salaries
- Preparing some costing accounts
- Following up the factory activities on daily basis
- Preparing some accounts analysis for the external auditors.
Accountant
Al-Abraj Holding Co
03.2004 - 11.2005
- Basic accounting duties like journal entry and bookkeeping
- Bank Reconciliation
- Preparing staff salaries.
Education
Master of Business Administration - Finance and Accounting Management
AMITY University
India 07.2024 -
CPA - Audit, Tax, Business and Financial Management and reporting
American Institute for Certified Public Accounting
USA 12.2023 -
Bachelor Degree - Commerce - Accounting
University of Mansoura
Egypt 09.1999 - 11.2003
Skills
- Experience in contracts and financial advisory
- High level of statistical and analytical skills
- Time management and Organizational skills
- Communication and interpersonal skills
- Training and coaching skills
- Strategic planning
- Project budgeting
- Financial management
- Corporate strategy
- Budget administration
- Financial modelling
- Market and competitive analysis
- Business analysis
- Mergers and Acquisitions
- Financial Forecasting
- Financial analysis
Computer Skills:
- Oracle Financial Super User, HFM, IT2, COGNOS, IMAL, HSF
- Proficient MS Office
Languages
Arabic
Native
English
Advanced
French
Beginner
Affiliations
- Football, Bodybuilding, Travel and Cars
Certification
- The 7 Habits of Highly Effective People.
- The 4 Discipline of Execution.
- Advanced Financial Modeling.
- Making Innovation a Management Discipline
Timeline
Master of Business Administration - Finance and Accounting Management
AMITY University
07.2024 -
CPA - Audit, Tax, Business and Financial Management and reporting
American Institute for Certified Public Accounting
12.2023 -
Vice President
KAMCO Investment Company, KAMCO Invest
05.2013 - Current
Senior Financial Analyst & Assistant CFO
Global Clearinghouse Systems, Agility Group
06.2008 - 05.2013
Financial Consultant
Development Company
10.2007 - 06.2008
Acting Finance Manager
United Networks Group, KIPCO Group
04.2007 - 06.2008
Senior Accountant
Xpress Services Co
04.2006 - 04.2007
Senior Accountant
Mejhem Global Company
11.2005 - 04.2006
Accountant
Al-Abraj Holding Co
03.2004 - 11.2005
Bachelor Degree - Commerce - Accounting
University of Mansoura
09.1999 - 11.2003
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