UB

Usama Mahmoud Bekhet

CPA, CMA ,SAP Highly-skilled, dynamic professional 10+ years Experience

Doha, Qatar

Work Experience

  • Finance ManagerFull Time

    Toyota Qatar

    Apr 2016 - Present -9 yrs, 2 months

    • Job Details:• Oversee the core areas of financial management and planning whilst introducing financial governance and strategic. • Key Member of procurement committee. • Provided financial analysis for capital investments. • Prepare and present annual budgets and periodic forecast for each subsidiary and the group. • Ensure effective implementation and enforcement of the approved budget, monitor and report on budget variance and identify key issues and potential corrective action. • Review financial data and prepare monthly and annual reports for each subsidiary and the group. • Evaluates, advises and adapts on accounting policies and procedures in accordance with professional standards. • Interfaced with internal and external auditors and strengthened financial controls to guarantee compliance with national regulations and best practices. • Improved departmental efficiency by identifying areas for potential improvement and implementing internal control policies and procedures. • Train and develop other Finance team member. • Reduced expenses and improved resource allocation through deep analysis of operating expenses and capital budget. • Prevented substantial losses by identifying and investigating in 5 key incidents of fraud. • Minimised financial risks by pioneering and implementing an instrumental internal control system. • Developing balanced scorecard to manage strategic performance. • Ensure all statutory compliance within the regulatory framework whilst managing areas of all financial reporting aspects for both internal stakeholders and all external audit interfaces. • Oversee all treasury related activities including the flow of cash and financial instruments to provide strong financing governance and liquidity management. • Ensure that the division’s strategy is designed, developed and implemented in line with the company overall mission, strategy and objectives.
  • Finance SuperVisorFull Time

    Toyota Qatar

    Aug 2010 - Apr 2016 -5 yrs, 8 months

    Qatar , Doha

    • Job Details:Tightened all aspects of credit control and supervised accounts receivable with the aim of streamlining financial performance and strengthening controls. Key Contributions: • Drove the selection and implementation of a cutting-edge system for handling collections and key processes for timely updates of collector actions on customer accounts on the referenced system. • Optimised financial outcomes by calculating and eliminating bad debt and taking preventative actions to avoid future debt. • Significantly reduced risks by performing credit checks, establishing and managing credit limits, checking credit ratings, setting up loan conditions, negotiating re-payment plans, and assessing the firm creditworthiness. In this instrumental role, strategically managed fixed assets and accounts payable with attention-to-detail, efficiency, and accuracy. Key Contributions: • Pioneered a comprehensive system of controls, procedures, and forms to accurately record of fixed assets acquisitions and dispositions. • Guaranteed the timely payment of all vendors and other creditors to minimise risks and prevent legal issues. • Aligned budget with outcomes by monitoring company expenditures for fixed assets against the Capital budget and management authorizations.
  • Education

    • Certified Public Accountant in Accounting

      American Institute of Certified Public Accounts

      Jan 2017 - Jan 2019 - 2 yr

    • Certified Management Accountant in Accounting

      American Institute of Management Accountants

      Jan 2014 - Jan 2015 - 1 Year

    Achievements

    • Played a key role in achieving the Gold Winner for Best Implementation in MENA and the Bronze Award for Best Implementation in Europe and MENA for the company's year-long SAP system implementation in collaboration with the IBM team and another supplier. • Designed and implemented a new billing review process to ensure efficiency and accuracy. • Played a key role in company transformation to Mobile App payment. • Decreased accounts receivable by 40% through the integration of an innovative receivable collection program. • Accomplished a significant reduction in bank charges and credit card commission by establishing and strengthening strong professional relationships with financial institutions. • Designed an automated process to account for complex transaction to enhance the process, eliminates errors and saves time. • Led successful effort to re-engineer the process for each business unit. • Implemented new financial system integrating with CRM system resulting in greater automatio

    Skills

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    Languages

    • Arabic

      Fluent
    • English

      Fluent

    Training & Certifications

    • Certified Public Accountant (CPA),

      American Institute of Certified Public Accounts·2019
    • • IFRS training

      KPMG·2015
    • CMA Certified Management Accountant

      “Institute of Management Accountants” ·2015
    • • AC200_10 accounting customizing general ledger, accounts payable and accounts receivable

      SAP academy.·2014
    • •AC010_10 business process in financial accounting.

      SAP academy.·2014
    • • AC040_10 business process in management accounting (controlling)

      SAP academy.·2014
    • • Credit and collection program

      QFBA·2013
    • • Problem solving and decision making

      AAB academy·2013
    • •IFRS training

      Ernst & Young.·2012
    • • Developing effective communication skills

      Qatar skills academy.·2012
    • • Operational excellence course by

      Qatar skills academy.·2011
    • • Certificate in financial English

      QFBA.·2010
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