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MAHMOUD LASSAAD CHOUCHANE

Finance Manager

Kuwait

Work Experience

  • Finance Manager (Kuwait-Qatar & Oman)Full Time

    CLIC NATIONAL INDUSRTIES General Trading & Contracting (Kuwait, Qatar & Oman)

    Nov 2010 - Present -14 yrs, 8 months

    Kuwait , Kuwait City

    • Job Details:Key Responsibilities • Maintaining seamless operations at the finance and accounts division including finance and accounting departments of subsidiaries under the group in Kuwait, Qatar and Oman. • Prepare and submit the group’s monthly financial results, budget and forecasts and complete the reporting requirements to the parent company. • Perform detailed account analysis and corporate month-end processing and reporting. • Maintaining updated accounting policies and procedures including financial management mechanisms to minimize financial risk for the group. • Collaborating with the human resource department in preparing payroll and other related issues. • Conducting financial analysis for contract negotiations and product investment decisions. • Participating in organizational cost reduction analyses and interacting with various custodians pertaining to budget variances. • Preparing and presenting annual budgets to the senior management team for approval. • Maintaining regular interaction with banks in ensuring funds availability for various investment ventures, debt restructuring and other financial transactions. • Maintain the general ledger, ensuring compliance with IFRS. • Managing account payables, receivables and assets; following up and reconciling bank accounts. • Evaluating payments vouchers, monthly payroll, entries before posting including monthly reconciling of inter-branches and affiliated companies. • Presenting and interpreting financial results of subsidiaries to management with recommendations on improvement. • Generating and presenting various status reports to the senior management team and other stakeholders to enable effective decision making. • Monitor stock levels and perform inventory reconciliations. • Supervise the annual audits (internal and external).
  • Financial ControllerFull Time

    LEONI TUNISIA, German Multinational Company

    Nov 2005 - Oct 2010 -4 yrs, 11 months

    Tunisia , Sousse

    • Job Details:Key Responsibilities • Producing monthly reports, analyzing deviations and commentary (Sales, P&L, Variance analysis, Cost rate, Capex, Productivity, Efficiency, Headcount Monitoring, Chances & Risks …). • Presenting monthly results, budget variances (P&L, Balance sheet & KPI’s to local Management and Headquarter). • Book keeping control to ensure correct analytical posting. • Implemented remedial measures by evaluating deviations and monthly cost variations. • Producing budgets, forecasts & Midterm Planning. • Producing Business Plans and Request for Quotations for upcoming Projects. •Participating to Year end closing activities and collaborating with local chartered auditors ( E&Y Tunisia) ▪ Developing, managing and motivating a team of Controlling professionals ( 5 Local Business Unit Controllers, 1 Central Services Controller, 1 Material controller, 1 Operation Area Controlling Coordinator ) ▪ Key User SAP FICO (Financial Accounting and Controlling) /SEM (Strategic Enterprise Management) •Updated organizational financial health to the senior management team using detailed reports and presentations.
  • Accounting Manager, Accountant, Cost and revenue controller Full Time

    Accor Hotels

    Jan 2001 - Nov 2005 -4 yrs, 10 months

    Tunisia , Monastir

    • Job Details:Designation Chronology • Jan2003 - November 2005, Accounting Manager • January 2001 - Dec 2002, Chief Accountant Key Responsibilities •Subordinates: Accounts Department, IT Manager, Food & Beverage Cost Controller, Purchasing & Stores. • Responsible for the hotel’s accounting and financial management requirements. • Prepare monthly financial statement (P&L, B/S and Cash Flow) and other required management reports. •Ensure that all accounting reports and financial statements are in accordance with the uniform system of accounts for the hotels and ACCOR SOP (Standard Operating Procedures). • Work with the General Manager to provide full and accurate forecasting and budgeting. • Safeguards hotel’s assets by maintaining a good internal control system to meet standard and requirement. • assisting proactively with cost containment, revenue enhancement, profit improvement opportunities. •Supervise and direct the receiving, storing and issuing function to ensure that proper procedures and controls are in effect. •To ensure that physical inventories of all supplies are being taken on a monthly basis and of all operating equipment on a yearly basis. • Implement and administer credit and collection policies and procedures in line with ACCOR Focus Guide.
  • Education

    • Ms in Finance

      University of Cergy-Pontoise, France

      Jan 2008 - Jan 2009 - 1 Year

    • BA in Finance & Business

      IHEC, Carthage Presidency

      Jan 1995 - Jan 2000 - 5 yr

    Skills

    • Microsoft Office
    • Accounting
    • Accountancy
    • Budget
    • Variance Analysis
    • SAP
    • IFRS
    • SAP

    Languages

    • Arabic

      Fluent
    • English

      Fluent
    • French

      Fluent

    Training & Certifications

    • CPA

      2015
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