Summary
Overview
Work History
Education
Skills
Accomplishments
Personal Information
https://www.linkedin.com/in/raed-ismail-msc-323a9611/
Timeline
Generic
RAED ISMAIL

RAED ISMAIL

Finance Director
Amman

Summary

Motivated director of finance promoting more than 25 years of proficiency in identifying and analyzing trends and partnering with other departmental leaders.

Action-oriented individual with experience tracking actual business results against plans, including acquisitions.

With a diversified exposure in corporate finance (International chain restaurants, Food industry, F&B, Hospitality, Manufacturing, FMCG, Metal Industry, Automotive, Technologies, Retail, Transport, logistics)

Overview

27
27
years of professional experience
6
6
years of post-secondary education

Work History

Finance Director

MANASEER GROUP
Amman, Amman Governorate
01.2023 - Current
  • Company Overview: Website: www.manaseergroup.com
  • Website: www.manaseergroup.com
  • Managing the finance of business operations exceeding 300M USD annually with multiple business units and revenue streams ,in automotive and transport industry ٌ
  • Enhanced stakeholder communication by producing clear, concise, and timely financial reports that supported decision-making.
  • Led successful negotiations on financing terms, resulting in lower interest rates and improved cash flow for the organization.

Finance Group Director

JANIYA FOOD INVESTMENT GROUP
09.2021 - 01.2023
  • Handling the start-up of the Food Investment Group from scratch, leading the transformation of subsidiary separation to build a holding company with a 500M SAR investment .
  • Implementing & creating governance, SOPs, SBU-based fiscal policies, internal controls, ERP integrated with brands' Power BI, complete full monthly & quarterly analysis, and a centralized inventory management system.
  • creating KBI's & benchmarking for the whole business activities.

Financial Controller

Almajdouie Holding
01.2016 - 01.2021

Website: www.almajdouie.com

  • Managing the finance for Manufacturing sector, which had 5 subsidiaries with a total turnover of 1.1B SAR
  • Engaging in Strategic Planning & Decision Making
  • Retain constant awareness of the company’s financial position & apply necessary controls to prevent any gaps.
  • Developing means improving profit, including estimating cost & benefit and exploring new business opportunities.
  • Create the annual operating budget for the company after challenging each BU head with their proposed budget.
  • Provide analytical support during budget reviews to identify cost-saving & productivity opportunities.
  • Lead the development & implementation of a comprehensive annual business plan, which is aligned with the company's strategic direction.
  • Produce forecasts that enable operations to react to changes in the business.
  • Attending BOD meetings & communicating with upper executives on strategic goals & priorities.
  • Reporting to the BOD with a quarterly financial reporting package along with analysis & recommendations.
  • Advise the CEO & executive committee on existing & evolving operating/financial issues.
  • Utilize interpersonal & communication skills to lead, influence, & encourage others; advocate sound financial/business decision-making; demonstrate honesty/integrity; lead by example.
  • Leverage strong functional leadership & communication skills to influence the executive team and the company's strategies
  • Develop & support achievement of performance goals, budget goals, team goals, etc.
  • Improve profit growth in operating departments.
  • Ensure compliance with management contract & reporting requirements.
  • Ensure compliance with standard & local operating procedures (SOPs & LSOPs).

Financial Controller

OH beach Hotel & resorts
01.2014 - 01.2015
  • Budget preparations & financial planning for the whole operating business.
  • Creating SOP is for all different points of sales in the resort & Cost centers.
  • I have implemented a Material control system (MC) & created a professional database in warehouses systems control. & (SUN financial Systems) along with creating the necessary Preparing SOP's, & Monthly financial closing manuals.
  • Providing Financial Consultation for the board of directors.
  • Preparing Business plans for new renovations & projects.
  • Develop methodology to process the company’s consolidated financial results.

Group Finance Manager

K E T A B Technologies Co.
01.2011 - 01.2013
  • Preparing budget & forecast for the entire year.
  • Coordinate Accounting flow between H.O & regions (DUBAI – RIYADH).
  • Manage financial & administration activities to achieve financial goals.
  • Develop a business plan, timeline & budget to perform financial projects.
  • Develop methodology to process company’s consolidated financial results.
  • Recommend areas of improvement based on tracked financial analysis.
  • Identify & design tools to gather financial & operational information.
  • Recommend strategies & operational changes for improvement.
  • Assist management in strategic administration of cash inflow & outflow.

Finance & Administration manager

3 D modern food Co.
01.2009 - 01.2011
  • Building the administrative structure for the business activities along with HR system.
  • Allocation responsibilities in finance dept. & auditing the daily finance workflow.
  • Building the financial ERP modules along with Cost control System.
  • Oversee the overall corporate budgeting preparation, management & monitoring processes.
  • Perform financial analysis, reporting & management activities.
  • Ensure the financial team follows company policies & regulations.
  • Develop standard accounting procedures to improve financial operations efficiency.

Accounting Manager

Alfarouk Systems Group
01.2006 - 01.2009
  • Company Overview: No 1 in the USA in terms of sales & high-end products. One of the top 5 best brands worldwide in the haircare industry.
  • Reporting to Head office in Texas – USA with monthly financial reports.
  • Participant in various trade & association meetings & develop strategies to achieve sales goals.
  • Develop & maintain professional relationships with regional accounts & prospects.
  • Manage & prepare all underwriting documents & implement all volume plans.
  • Prepare & negotiate contracts & ensure compliance with regulations formulated by management.
  • Analyze products profitability, prepare monthly & annual budget for all SBU’s. & cost centers.
  • Ensure compliance with all accounting regulations.
  • No 1 in the USA in terms of sales & high-end products. One of the top 5 best brands worldwide in the haircare industry.

Regional Chief accountant

United Motors Company (UMC)
01.2000 - 01.2006
  • Company Overview: The Official Auto Dealer of Chrysler, Dodge, Jeep in K.S.A
  • The Official Auto Dealer of Chrysler, Dodge, Jeep in K.S.A

Accountant

Computer & communications systems (CCS)
01.1998 - 01.2000

Education

Bachelor’s degree - accounting

Philadelphia Univ.
Amman, Jordan
06.1994 - 07.1998

MSc - international corporate finance

SALFORD UNVERSITY
06.2023 - Current

Skills

Strategic Business & financial Planning

Cash flow management

Risk management

Accomplishments

  • Building a group of Company Governance & procedures for multi-international & local brands in Janiya Group.
  • Part of Change management in the Manufacturing Sector in Almajdouie Group.
  • Head of the committee of (Process mapping /RACI matrix /polices) in Manufacturing Sector in Almajdouie Group.
  • SAP ERP process preparation for the Implementation in Manufacturing Sector/Almajdouie.
  • Part of VAT implementation Committee in Almajdouie Group - KSA (preparing for the transition to VAT).
  • Planned for new Branches & business channels in KSA & UAE in KETAB Technologies.
  • Built the financial system from scratch (SOP’s, Closing manuals, Stock management, Cost Controlling) in Oh Beach resorts.
  • Increased the net worth of company by Reducing cost & overheads drastically in most of the subsidiaries I have worked in, adding 10% to 30% bottom line.
  • Unified the Finance workflow between Middle East branches & H.O through integration of ERP & workflow documentation.
  • Implemented KCCG - Kerridge ERP in the Western Region KSA - UMC.
  • Built the HR & Finance cycles & closing manuals in AL Farouk systems Middle East Office along creating SOPs.

Personal Information

  • Date of Birth: 01/01/76
  • Nationality: Jordanian
  • Marital Status: Married

https://www.linkedin.com/in/raed-ismail-msc-323a9611/

LinkedIn profile

Timeline

MSc - international corporate finance

SALFORD UNVERSITY
06.2023 - Current

Finance Director

MANASEER GROUP
01.2023 - Current

Finance Group Director

JANIYA FOOD INVESTMENT GROUP
09.2021 - 01.2023

Financial Controller

Almajdouie Holding
01.2016 - 01.2021

Financial Controller

OH beach Hotel & resorts
01.2014 - 01.2015

Group Finance Manager

K E T A B Technologies Co.
01.2011 - 01.2013

Finance & Administration manager

3 D modern food Co.
01.2009 - 01.2011

Accounting Manager

Alfarouk Systems Group
01.2006 - 01.2009

Regional Chief accountant

United Motors Company (UMC)
01.2000 - 01.2006

Accountant

Computer & communications systems (CCS)
01.1998 - 01.2000

Bachelor’s degree - accounting

Philadelphia Univ.
06.1994 - 07.1998
RAED ISMAILFinance Director