1. Mohamad Mahmoud Rashdan Mobile: (+965) 55555921
Email:Mohdrashdan1977@gmail.com
m.rashdan1@aol.com
Career Highlights
Seventeen years of proven experience and ability to monitor & control entire finance of the
company. Plan and manage all long-range/short-range financial matters. Establish company-
wide financial and administrative objectives to ensure continuous sound financial structure.
To control the flow of cash through the organization and maintains the integrity of
policyholder and shareholder funds, investments, securities and other valuable documents.
Work Experience
Company Name Occupation
Joining
Date
Leaving
Date
Kuwait International Takaful Insurance Finance Manager May 2016 Present
Duties & Responsibilities
Assists in the development and implementation of goals, policies, priorities, and procedures
relating to financial management, budget, accounting, and/or payroll.
Supervises and participates in the preparation of various financial statements and reports.
Directs the installation and maintenance of accounting records to show receipts and
expenditures.
Directs the maintenance of general and subsidiary ledgers, accounts receivable, revenue
distribution, depreciation, cost, property, and operating expenses, and insurance records.
Directs and participates in cost analyses and rate studies.
Prepares statements and reports of estimated future costs and revenues.
Directs internal audits involving review of accounting and administrative controls.
Establishes system controls for new financial systems and develops procedures to improve
existing systems.
Coordinates preparation of external audit materials and external financial reporting.
Reviews financial statements with management personnel.
Directs the installation and maintenance of new accounting, timekeeping, payroll, inventory,
property, and other related procedures and controls.
2. Company Name Occupation
Joining
Date
Leaving
Date
United Partners Insurance
Deputy GM Developing
Business
Jan 2016 May 2016
Duties & Responsibilities
Company Name Occupation
Joining
Date
Leaving
Date
Shami AL-Khaleej General Trading Finance Manager Feb 2015 Jan 2016
Duties & Responsibilities
· Maintain a documented system of accounting policies and procedures
· Manage outsourced functions
· providing and interpreting financial information;
· monitoring and interpreting cash flows and predicting future trends;
· analyzing change and advising accordingly;
· researching and reporting on factors influencing business performance;
· analyzing competitors and market trends;
· developing financial management mechanisms that minimize financial risk;
· conducting reviews and evaluations for cost-reduction opportunities;
· managing a company's financial accounting, monitoring and reporting systems;
· liaising with auditors to ensure annual monitoring is carried out;
· developing external relationships with appropriate contacts, e.g. auditors,
solicitors, bankers and statutory organizations such as the Inland Revenue;
· producing accurate financial reports to specific deadlines;
· managing budgets;
· arranging new sources of finance for a company's debt facilities;
· supervising staff;
· keeping abreast of changes in financial regulations and legislation.
· Forecast cash flow positions, related borrowing needs, and available funds for
investment
· Ensure that sufficient funds are available to meet ongoing operational and
capital investment requirements
· Maintain banking relationships
· Arrange for equity and debt financing
· Manage the preparation of the company's budget
· Report to management on variances from the established budget, and the
reasons for those variances
· Engage in ongoing cost reduction analysis in all areas of the company
· Review the performance of competitors and report on key issues to
management
· Engage in benchmarking studies to establish areas of potential operational
improvement
· Interpret the company's financial results to management and recommend
improvement activities
· Create additional analysis and reports as requested by management
3. Company Name Occupation
Joining
Date
Leaving
Date
T’azur Takaful Insurance Company Finance Manager AUG 2008 Feb 2015
Duties & Responsibilities
●Producing business plans in conjunction with other department to ensure company
strategic objectives are met.
●Developing, monitoring, verifying and managing company overall annual budget,
departmental budgets and cash flow forecasts for all operations and overheads.
●Developing a combined strategy ensuring various departmental critical-to-business
issues are addressed and solved with an appropriate degree of expertise and which
shall preclude the company from financial risk.
●To provide advice on all matters to the MD & CEO and assists in the formulation of
overall corporate objectives.
●To participate with executives in various Committees for making strategic decisions.
●To take a lead in preparing long range/short range business plans.
●Coordinates the long-range plans of the company, assesses the financial
requirements implicit in these plans and develops alternative ways in which financial
requirements can be satisfied.
●Providing assistance, guidance and support to various departments to establish and
implement systems including the financial management systems and processes to
ensure all processes run smoothly.
●Ensuring smooth running of all finance functions, by ensuring compliance,
facilitating problem resolution and having a mechanism to de-bottleneck processes
encountered for major financial issues.
●To manage the cash-flow position of the company. Responsibility includes credit and
collections, purchasing, payment of bills and financial obligations.
●To oversee the granting of credit and the collection of accounts due to the company.
●To review/approve all agreements concerning financial obligations, such as
contracts for products or services and other actions requiring a commitment of
financial resources.
●To be responsible for the financial aspects of investment transactions.
●To ensure the maintenance of appropriate financial records and preparation of
required financial reports.
●Coordinate changes and improvements in Financial and MIS Systems.
●To analyze company shareholder relations policies and information including the
annual and interim reports to shareholders and recommends new or revised policies
when needed.
●To administer preparation of interim, year-end and comparative financial reports;
performs and provides analysis of current results to prior periods and/or budget.
●To be involved in the process of negotiations with Re-insurers with respect to
matters having financial implications.
●To be involved in negotiating with insurance brokers.
●To be responsible for monthly and year-end closing of the general ledger including
preparation of year end journal entries.
●Timely submission of consolidated financial information system to the management.
●Clearance of audit findings in relation to financial aspects.
Also I was acting as Motor department manager for two year
Also I was acting as HR manager for two year
4. PREVIOUS EMPLOYMENT
AIN Takaful Insurance Company Assistant Manager JAN 2008 AUG 2008
National Takaful Insurance Company Senior Accountant JAN 2006 JAN 2008
Al Ahleia Insurance Company Accountant AUG 2003 JAN 2006
Kuwait Flour Mills Company Accountant MAR 2002 JUL 2003
Jasmine Tourist Company Accountant Sep 1999 MAR 2002
Educational Qualification
Bachelor of Commerce – Tanta University, Egypt
Training & Certifications
Anti-Money Laundry Training – KPMG- (June 2014)
International Financial Reporting Standards (IFRS) – KPMG- (Dec 2013)
ACQUIRED SKILLS
●Broad Technical Background.
●Leadership and people management skills
●Excellent management, administrative and change enabling skills.
●Extensive networking within the trade
●Excellent negotiation skills
●Ability to act independently and decisively
●Excellent analysis and problem solving skills
●Excellent interpersonal and team leading skills
IN-DEPTH KNOWLEDGE OF THE FOLLOWING
●Thorough knowledge of the product and service lines of Insurance and work
environment.
●Knowledge of the insurance industry trends and issues.
PERSONAL QUALITIES:
●Young, energetic and ambitious
●Can get along well with people of all levels
●Reliable and dependable
5. ●Ability to work under pressure and meet deadlines
●Keeping employers interest over personal interest
PERSONAL DATA:
●Born on 05.06.1977 in Egypt
●Car Driving License Kuwait
●Language: Arabic & English
●Married with two children
DECLARATION:
I hereby declare that the above information are true & correct to best of my knowledge.
m.rashdan1