Usama Mahmoud Bekhet
CPA, CMA ,SAP Highly-skilled, dynamic professional 10+ years Experience
Doha, QatarWork 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 AccountsJan 2017 - Jan 2019 - 2 yr
Certified Management Accountant in Accounting
American Institute of Management AccountantsJan 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
- • Finance Management
- • Financial Reporting
- • Regulatory Compliance
- Budgeting
- • Credit Control
- • Fixed Asset Management
- • Team Leadership
- Accounting
- Financial Analysis
- Finance
Languages
Arabic
FluentEnglish
Fluent
Training & Certifications
Certified Public Accountant (CPA),
American Institute of Certified Public Accounts·2019• IFRS training
KPMG·2015CMA 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