LOAI AYOUB
Amman, Jordan ? +962 777 109508 ?Dubai, UAE +971 56 7595650 ? loai_ayoub@hotmail.com
www.linkedin.com/in/loaiayoub/
FINANCE MANGER
• Talented Professional with over 14 years of finance & accounting experience in the MENA regions
• Exceptional experience of leading financial strategies to facilitate a companies’ ambitious growth plans
• Possessing excellent communication skills and having the ability to communicate professionally with clients and colleagues on detailed financial issues
• A proven ability to constantly challenge and improve existing processes and systems with senior teams to grow the business strategies and plans
• Recognized as a hands-on, expert problem solver who can rapidly resolve cross functional business process problems
• Exceptional ability to influence senior-level decision makers
• Improve capital structure and build a high performing team
• Fluent in English and Arabic
SKILLS
? Financial & Strategic Planning
? Business Expansion & Startup
? Accounting & Financial Operations
? ERP implementation (Oracle, JD Edwards, SAGE) ? Budget Development & Management
? Business Integration
? Team Building Skills
? Profit Growth ? Cash Management
? Leadership Skills
? Analytical & Problem Solving
? Time Management
? Microsoft Package
PROFESSIONAL EXPERIENCE
Finance Manager /Consultant Jan 2014 – Present
Freelance UAE/Jordan
• Preparation of financial statements according to IAS and IFRS
• Preparation of business financial model, business plan and budget management.
• Analyzing the business performance using the ratios and analysis techniques
• Helping in closing audit pending tasks and dealing with internal, external and tax auditors
• Implementing financial system with the required migration with back end systems
• Preparation of financial and accounting policies and procedures
Finance Manager Aug 2010 – Dec 2013
Cobone.com (Tiger Global Investment NY, USA) Dubai, UAE
• Overall control of all financial transactions and accountancy matters, including audit systems
• Work with senior teams to grow the businesses formulating strategies and plans
• Lead and develop finance team
• Lead and manage the budgeting process and Formulation of annual budgets and targets
• Overall cash management on an ongoing basis
• Review of accounts and investigation of variances then setting recovery plans
• Ensuring that the regulatory requirements of all statutory bodies are met
• Presentation of monthly/annual accounts with recommendations
• Close involvement in commercial negotiations with customers
Head of Accounting Feb 2008 – Aug 2010
Tabreed Jordan (Subsidiary of Tabreed Group - UAE) Amman, Jordan
• Preparing monthly Financial Statements: Balance sheet, Income Statement, changes in equity & cash flow statements.
• Set up the yearly budget for all departments in accordance to the company business plan for the coming years and reporting any variances to the management utilizing actual figures.
• Act as a first contact for the outside tax consultants and prepare on monthly basis the needed reports for sales and income tax department to obtain tax clearances.
• Provide external and internal auditors with the needed financials along with its justifications and supports.
• Keep close communicate with company’s department to ensure all needed provisions being considered monthly.
• Cash flow forecasting, planning & controlling.
• Review all the daily accounting transactions to confirm accounting books are organized in accordance with the International Accounting Standards.
Senior Accountant Jul 2007-Feb 2008
Itisaluna Iraq (Subsidiary of Vtel Holdings) Amman, Jordan
• Setup new accounting cycle which includes: accounts payable, accounts receivable, fixed assets, inventory control, revenue, budget preparing and financial statements.
• Manage the implementation of financial and billing systems.
• Organize the chart of accounts and financial procedures at the establishment of the company.
Senior Accountant Oct 2004 – Jul 2007 Orange /MobileCom (France Telecom Group) Amman, Jordan
• Prepare journal entries and performing reconciliations on specific accounts during the month closing utilizing Oracle Financial software.
• Analyze & recognition the revenue of products daily, billing system control, organizing customers and distributors accounts, auditing shops sales and cash system.
• Organize accrual list and ensure proper provision being considered per account on monthly basis.
• Modifying and modernizes existing accounting methods, procedures and other special reports.
• Creating strategic plans and setting the overall directions to ensure the business growth and its alignment with corporate objectives.
• Managing accounts payable and preparing tax reports (Income tax, General tax, Special tax and Withholding tax).
Accountant Mar 2004 – Oct 2004
Shaheen Business & Investment Group Amman, Jordan
• Provide financial support to management by preparing tax report, managed account payable, account receivable, and payroll to ensure adequate internal controls and efficiency with procedures by utilizing the application of accounting
• Prepare journal entries and performing reconciliation’s on specific accounts
• Implement new accounting techniques and systems (ACCPAC).
Accountant Jan 2002 – Mar 2004
Batelco Jordan (Bahrain Telecom Joint Venture) Amman, Jordan
• Assist in the preparation of reports and statements involved with banks reconciliations
• Arrange account payable, account receivable, fixed assets and payroll.
• Provide financial support to management by preparing cash flow report.
Accountant &Broker Feb 2001- Dec 2001
Forex Capital EST Amman, Jordan
• Prepare all financial statements, which include accounts payable and receivable.
• Reconcile with banks and financial institution.
EDUCATION & CERTIFICATIONS
Bachelor of Accounting (GPA: 3.21 Rating: Very Good) 1997-2001
Amman University, Jordan
CPA Course Review 2001
Ernst & Young
PERSONAL INFORMATION
• Place & Date of Birth : Kuwait ,Oct 13th,1979
• Marital Status : Married.
• Nationality : Jordanian.
• Languages : English, Arabic