Rami Albess CMA - CFM

Director of FinanceFull Time

• Job Details:Highlights : 1) Revenue growth and improved financial performance of OFA & 14 regional subsidiaries, through:  Successfully mobilized up to $ 14.5 million of FIFA funds to finance development projects in Oman. (Aspire Business Center).  Successfully re-organized and re-structured of 14 regional subsidiaries, resulting in cost savings of $ 7.5 million over 5 years.  Resolved old claims and cases issues in several regional subsidiaries, through directed negotiations and implemented of settlement plans with the 2nd parties, leading to savings of $ 2.1 to 2.8 million.  Successfully launched cost reduction strategy and investment plan during the recession in 2020, resulting in cost savings of $ 1.7 million over 2 years.  Established joint ventures (JVs) with partners, and supply agreements with major vendors, by implementing "cost reduction approach".  Worked closely with ministry of finance, successfully closed unnecessary bank guarantees and bank fees, resulting in cost savings of $ 320 thousand. 2) As a result, succeeded to cover the "Accumulated Losses" which were stuck for several years in the financial records, through financial statements analysis, operating ratios, financial control and cash-flow management.  Awarded by OFA “The Best Improved Function” in 2018 for astute execution of financial strategies.  Awarded by FIFA "The Best Financial Practices" in 2015 for supporting the governance and transparency in the Financial Statements, which helped the stakeholder in their designs. Responsibilities :  Develop fundraising strategy and manage relationships with grantors, donor and partners.  Developing the financial policies and procedures, rules, and regulations.  Actively participate in developing and refining the company’s strategies and business plans.  Driving the financial planning and related ongoing advice for the CEO and top management.  Presenting general assembly financial report, providing guidance and recommendations to stakeholders.  Responsible for the current and future financial well-being of the company.  Serve as the principal contact with the audit firm.  Steering implementation process of strategic projects.  Controlling the flow of cash and disbursements to meet business and investment needs.  Establishing board-level reports that are sound and comply with best practices.

Finance DirectorFull Time

• Job Details:Responsibilities :  Designing the financial policies and procedures rules and regulations, and budget manual.  Actively participate in developing and refining the association’s strategies and business plans.  Develop & consolidate the group budget, and ensure monitoring of financial performance vs budget  Steering implementation process of strategic projects.  Controlling the flow of cash and disbursements to meet the business and investment needs.  Directed the implementation of the ERP, reporting system and KPI’s for 14 regional subsidiaries.  Establishing a board level reports, that are sound and comply with the best practices.  Harmonize and integrate major operational contracts, proposals and CAPEX decisions.  Drive the financial planning and related ongoing advice for the CEO and senior management.  Ensure the integrity of the financial system, safeguard the assets, and the completeness.

Finance Director Full Time

• Job Details:Nirvana is a group of companies, including a three different industries, Nirvana travel and tourism, Infinity contracting & Irrigation and Edrak consultancy, the group closed the 2011 financial statements with 165 Mn. Turnover. Nirvana travel is the biggest travel agent in AD. Responsibilities and achievements  Managing the financial resources of the group and conduct resource planning for future needs.  Responsible for the current and future financial well-being of the group.  Designing the group's financial policies, rules and regulations, and makes sure that every department adheres to them.  Actively participate in developing and refining the group’s strategies and business plans in coordination with the group’s top management.  Financial planning and related ongoing advice for the chief executive and senior management.  Monitoring the preparation of the group's annual budget and discuss the reports with the board of directors.  Developing financial reporting packages and Management Information Systems (MIS) that are sound and comply with local and international best practices.  Coordinate, analyze and report the financial performance to the Board of Directors (financial performance, projections and other special projects as required).  Prepare short and long-term financial forecasts of financial performance for use with internal management and 3rdl parties.  Preparing, monitoring and controlling the flow of cash and disbursements to meet the business and investment needs of the group  Serve as the principal contact with the audit firm, and ensures that they are provided close cooperation and assistance in the discharge of their responsibilities, including primarily the timely issuance of the group’s audited financial statements.  Coordination of the internal audit scope, ensure the appropriate internal controls and reconciliations are in place to deliver accurate financial reporting in a timely fashion.  Ensuring the integrity of the financial system, safeguard the assets, and the completeness and accuracy of the financial records.  Supervising business performance and takes steps to improve the performance of the group.  Coordination with the senior management of other departments as well, as every department in the organization is directly or indirectly associated with the finance department.  Responsible for account monitoring and control of all the departments of the group.  Prepare and supervise the financial reports in discussion with all the other departments in the group, and then present it to the board of directors.