Mohammed Al-ajjo
Chief Financial Officer
Summary
Dedicated Chief Financial Officer familiar with financial decision making and company-wide policy development. Talent for overcoming operational issues and driving proactive improvements. Offering 22 years' experience in financial leadership.
Overview
24
24
years of professional experience
Work History
Chief Financial Officer
United Financial Investment Group
01.2023 - Current
- Streamlined financial processes by implementing new accounting software and automation techniques.
- Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
- Negotiated favorable credit terms with banks for increased borrowing capacity and reduced interest expenses.
- Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.
- Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Oversaw budgets, payroll, and accounts payable and receivable.
- Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
- Ensured accurate financial reporting, maintaining compliance with GAAP, SEC regulations, and internal policies.
- Implemented tax planning strategies that minimized liabilities while ensuring full compliance with local, state, and federal laws.
Financial Consultant
ALomranyeh First Housing CompanyAmm
01.2010 - Current
- Increased client satisfaction by providing personalized financial advice and investment recommendations.
- Led workshops on personal finance topics to educate community members about effective money management practices.
- Expanded client base through targeted marketing efforts and referrals from satisfied customers.
- Educated clients on various investment options, empowering them to make informed decisions about their finances.
Finance Manager
Arab Financial Investment CO, (Holding Company)
04.2007 - 12.2022
- Strengthened internal controls through regular audits and adherence to regulatory requirements.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Negotiated favorable terms with vendors, resulting in significant cost savings for the company.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Processed invoices and contacted appropriate parties for timely payment receipt.
- Optimized cash flow with diligent monitoring of accounts receivable and payable.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Developed comprehensive financial reports for executive decision-making support.
- Mentored junior finance staff, fostering professional development and strong team dynamics.
- Improved financial forecasting accuracy, utilizing advanced analytical models.
- Increased financial efficiency by streamlining and automating financial reporting processes.
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Reviewed documentation and identified financial discrepancies where applicable.
- Collaborated with cross-functional teams for strategic business planning and growth initiatives.
- Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
- Created organizational structures to improve accounting and finance functions.
- Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Implemented risk management strategies to protect company assets and minimize losses.
- Managed multimillion-dollar budgets, ensuring accurate allocation across departments.
- Enhanced financial reporting accuracy by implementing advanced software solutions, leading to more informed decision-making processes.
- Analyzed market trends to advise on potential investment opportunities, aligning with long-term strategic goals.
- Established robust financial controls and policies, significantly reducing risk of fraud and ensuring compliance with financial regulations.
- Oversaw successful integration of financial systems post-merger, ensuring seamless transition for all stakeholders.
- Developed financial models for new business opportunities, supporting strategic expansion and portfolio diversification.
- Led negotiations for major contracts, achieving favorable terms and significant cost savings.
- Improved stakeholder confidence with detailed financial analysis and transparent communication.
- Collaborated with IT to develop secure, efficient electronic invoicing system, reducing processing times and errors.
- Implemented cost-control measures that substantially decreased unnecessary expenditures.
- Negotiated with suppliers to improve payment terms, enhancing cash flow management.
- Delivered comprehensive financial training programs for non-finance managers, enhancing cross-functional understanding and collaboration.
- Fostered culture of continuous improvement by training team members on financial best practices and software enhancements.
- Streamlined internal audit process, enhancing efficiency and reducing discrepancies.
- Improved forecasting accuracy, allowing company to make proactive adjustments with strategic initiatives.
- Coordinated with external auditors to ensure smooth and compliant audit process each fiscal year.
- Managed cross-functional teams to streamline project financing, reducing time to market for key products.
- Played key role in strategic planning sessions, offering insights that shaped company direction and growth.
- Conducted comprehensive risk assessments to safeguard assets and ensure regulatory compliance.
- Spearheaded annual budgeting process, ensuring alignment with strategic goals and facilitating smoother departmental operations.
- Optimized cash flow management, allowing for timely investment and debt reduction.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Developed strategic plans for day-to-day financial operations.
- Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Utilized financial software to prepare consolidated financial statements.
- Complied with established internal controls and policies.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Created financial dashboards to provide insights into key performance indicators.
- Designed and maintained financial models to identify and measure risks.
- Created and managed financial models to evaluate corporate investments and acquisitions.
- Conducted financial due diligence on potential investments and acquisitions.
- Performed banking, business administration and financial tasks to guarantee five-star service for clients.
- Supported financial director with special projects and additional job duties.
- Established and checked coding procedures, monitored reports and updated internal files.
- Evaluated and negotiated contracts to procure favorable financial terms.
- Collaborated with C-level executives and stakeholders to develop long-term financial plans.
Financial Accountant
Alraneem For Trading
01.2014 - 12.2020
- Improved cash flow management with timely invoicing and efficient collections practices.
- Managed relationships with external auditors effectively ensuring positive outcomes during annual audits.
- Input financial data and produced reports using [Software].
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
Stock Broker
Arab Financial Investment Co (Holding Company)
07.2005 - 04.2007
- Educated clients on investment options, empowering them to make informed decisions about their finances.
- Monitored economic indicators and global events, staying informed on factors affecting market conditions.
- Assisted in the development of marketing materials, attracting new clients and expanding business opportunities.
- Implemented tax-efficient strategies for clients, optimizing their overall financial situation.
- Participated in ongoing professional development opportunities to stay current with industry trends and best practices.
- Enhanced client retention rates by consistently delivering exceptional customer service and timely updates on account performance.
- Proactively responded to market fluctuations, adjusting portfolios as needed to protect clients'' assets.
- Built strong client relationships through effective communication and understanding of financial goals.
- Leveraged advanced analytical tools for insightful research and accurate decision-making support.
- Analyzed market trends to identify profitable investment opportunities for clients.
- Collaborated with a team of financial professionals to provide comprehensive wealth management services.
- Negotiated favorable trade executions, ensuring best possible pricing for clients'' transactions.
- Maintained strict adherence to ethical guidelines, fostering trust among clients and colleagues.
- Conducted thorough due diligence on potential investments, minimizing risk exposure for clients.
- Managed team of [Number] analysts focused on [Area of expertise].
- Established key procedures for teams preparing documentation, models, and presentations.
- Researched companies and prepared presentations for management and prospective buyers.
- Generated status reports, brief books and IPO pitches.
- Raised money to complete business development projects such as mergers and company purchases.
- Contacted and lined up fellow investors to enable successful IPOs.
- Developed custom financial plans tailored to individual client needs, risk tolerance, and objectives.
- Effectively managed high-pressure situations during periods of market volatility, maintaining composure while making crucial decisions.
- Met with clients to generate new business and negotiate contracts.
- Contacted potential clients to pursue sales and gather funds.
Private Accountant
Amman Exchange Co
06.2002 - 06.2006
- Handled day-to-day accounting processes to drive financial accuracy.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Used advanced software to prepare documents, reports, and presentations.
- Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
- Prepared and filed tax forms to meet needs of customers.
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
- Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
- Facilitated smoother audit processes by maintaining organized and comprehensive financial documentation.
- Enhanced financial accuracy by meticulously reconciling bank statements and financial records monthly.
- Played key role in financial planning and analysis, contributing to company's long-term financial strategy.
- Improved financial decision-making by creating comprehensive financial models and forecasts.
- Assisted in successful negotiation of terms with vendors and suppliers, improving company's cost-efficiency.
- Improved budget forecasting accuracy with detailed variance analysis between actual and budgeted figures.
- Reduced financial risks by implementing robust internal controls and monitoring mechanisms.
- Identified significant tax savings opportunities by conducting in-depth research on applicable deductions and credits.
- Reduced outstanding accounts receivable by developing and enforcing stricter credit control policies.
- Led successful integration of financial systems following merger, ensuring continuity and accuracy of financial reporting.
- Optimized cash flow management, ensuring adequate liquidity for operational needs without compromising investment opportunities.
- Streamlined monthly financial reporting processes, significantly reducing time required for report generation and analysis.
- Developed and maintained strong relationships with external auditors, ensuring smooth and efficient audit process.
- Contributed to enhanced revenue growth by analyzing revenue streams and identifying underperforming areas.
- Conducted detailed cost-benefit analyses for proposed projects, guiding senior management in making informed investment decisions.
- Achieved compliance with all tax regulations by staying updated on changes and conducting thorough reviews of financial operations.
- Ensured accurate and timely payroll processing for over 200 employees, maintaining employee satisfaction and compliance with labor laws.
- Implemented new accounting software, leading to more efficient financial data management and reporting.
- Enhanced team productivity and knowledge by leading regular training sessions on accounting best practices and software updates.
- Supported strategic decision-making by providing accurate and timely financial reports to executive management.
- Provided journal entries and performed accounting on accrual basis.
- Collected and reported monthly expense variances and explanations.
- Prepared working papers, reports and supporting documentation for audit findings.
- Maintained integrity of general ledger and chart of accounts.
- Tracked funds, prepared deposits and reconciled accounts.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
- Trained new employees on accounting principles and company procedures.
- Diminished outstanding debts by analyzing accounts for issues.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Developed financial models to assess and analyze financial performance of clients.
- Identified legal tax savings and recommended ways to improve profits.
- Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
- Found tax solutions to complicated tax issues or errors from incorrect tax filings.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
Accountant
Mousa Wahbeh For Trading
01.2001 - 03.2002
- Handled day-to-day accounting processes to drive financial accuracy.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Reconciled accounts and reviewed expense data, net worth, and assets.
Education
Bachelor of Science - Accounting
Applied Sciences University
Amman, Jordan 04.2001 -
Skills
Financial Reporting
Budget Development
Accounting Principles
Financial Management
Business Forecasting
Cash Flow Management
Corporate leadership
Strategic Planning
Tax Planning and Strategy
Strategic financial planning
Infrastructure Planning
Audit Coordination
Regulatory Compliance
Risk Management
Working capital management
Reporting expertise
Investor Relations Management
Operational management
Accounting principles understanding
Capital Raising Abilities
Corporate Governance Understanding
Buisness Combination & Merging Expert
Timeline
Chief Financial Officer
United Financial Investment Group
01.2023 - Current
Financial Accountant
Alraneem For Trading
01.2014 - 12.2020
Financial Consultant
ALomranyeh First Housing CompanyAmm
01.2010 - Current
Finance Manager
Arab Financial Investment CO, (Holding Company)
04.2007 - 12.2022
Stock Broker
Arab Financial Investment Co (Holding Company)
07.2005 - 04.2007
Private Accountant
Amman Exchange Co
06.2002 - 06.2006
Bachelor of Science - Accounting
Applied Sciences University
04.2001 -
Accountant
Mousa Wahbeh For Trading
01.2001 - 03.2002
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