Alaa Jaafar

Alaa Jaafar Email and Phone Number

Finance Professional | Expert in Financial Planning, Analysis, and Budget Optimization | Supporting Sustainable Growth @ Zom Dairy
Alaa Jaafar's Location
Erbil Governorate, Iraq, Iraq
About Alaa Jaafar

I am a highly motivated and adaptable finance professional with a strong academic background holding a Global MBA from IE Business School and a Bachelor’s Degree in Finance and accounting from the American University of Beirut in addition to being a Chartered Accountant. I have a track record in financial management and reporting, financial analysis, budgeting and policy design, all executed in alignment with international financial standards such as IFRS. My dynamic approach to work reflects my willingness to embrace challenges, take calculated risks and drive innovative solutions. I possess excellent communication and presentation skills underpinned by proficiency in key financial software and tools. I value teamwork in achieving an organization’s goals and objectives. I have worked with teams across countries and led several projects such as internal auditing, budgeting, training, efficiency and utilization enhancement and many more.

Alaa Jaafar's Current Company Details
Zom Dairy

Zom Dairy

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Finance Professional | Expert in Financial Planning, Analysis, and Budget Optimization | Supporting Sustainable Growth
Alaa Jaafar Work Experience Details
  • Zom Dairy
    Finance And Accounting Manager
    Zom Dairy Nov 2023 - Present
    Erbil, Erbil Governorate, Iraq
    • Comprehensively assess and analyze monthly and quarterly financial statements (P/L, BSH, CF) in compliance with IFRS standards.• Develop and establish annual budgets encompassing all revenue and expenditure categories.• Finalize payroll processing, ensuring timely salary disbursements through system uploads.• Analyze costing structure for finished goods including Direct Material and Labor and Manufacturing OH • Authorize and oversee the approval of POs, verifying their alignment with approved budgets. • Formulate and scrutinize policies and processes, with a focus on enhancing internal controls.• Prepare financial statements for audit purposes, ensuring organized and accurate records. • Spearhead special projects aimed at cost reduction and identifying savings opportunities. • Take the lead in conducting training workshops and programs within the finance department
  • Confluent Law
    Finance Manager
    Confluent Law Jul 2014 - Oct 2023
    Erbil, Iraq
    • Complete and evaluate monthly and quarterly financials (P/L, BSH, CF) as per IFRS• Finalize payroll and upload all salaries on system to be paid• Approving all Purchase orders (POs) and ensuring it is within approved budget• Set annual budget for company including all revenue and cost streams• Design and review financial department policies and processes including internal controls• Organize financial statements for Audit purposes• Manage special projects such as cost cutting and saving possibilities• Lead training workshops and programs in finance department
  • British American Tobacco
    Financial Accounting Executive
    British American Tobacco Jul 2012 - Jul 2014
    Dubai, United Arab Emirates
    • Prepare Quarterly Reporting (P/L, BSH, CF)• Prepare vendor aging report• Report Royalty on Anaqua• Prepare BSH reconciliation and month end clearing of vendor & GL accounts• Prepare monthly reconciliation of Trial Balance and generated reports• Upload company plan budgets for Cost Centers & Work Breakdown Structures on SAP• Perform three way matching on invoices • Maintain pricing conditions and prepare Terms of Trade (TOT) for material management • Prepare weekly CF forecast • Maintain good relation with vendors especially shipping lines and preparing weekly payment run to ensure vendors are paid on time• Work on projects to improve outcome • Monitor Key Performance Indicators (KPI) • Coordinate with internal and external auditors while executing regular audit reviews
  • British American Tobacco
    Finance Coordinator
    British American Tobacco Dec 2010 - Jun 2012
    Jeddah, Saudi Arabia
    • Controlled Budgets• Prepared monthly reports such as expense claims and petty cash• Finalized and transferred monthly payrolls• Represented the Finance Department in quarterly and semi-annual meetings• Ensured processes and controls for every task to mitigate the risks and for auditing purposes• Reported to the Country Manager in KSA and to the Finance Team (Planning and Reporting, Marketing Finance, and Financial Accounting) in Dubai • Managed and analyzed both marketing and non-marketing expenditure for KSA• Evaluated trade activities and processes for future development and better resource allocation across brand and trade functions
  • British American Tobacco
    Trade Marketing Representative (Tmr)
    British American Tobacco Jan 2010 - Dec 2010
    Riyadh, Saudi Arabia
    • Visited the market regularly to ensure the availability of the brand and to assess stock levels• Invested in units in the market (such as supermarkets and minimarkets) to increase visibility of the brand• Communicated with customers taking their opinion into consideration and presentingconstructive feedback and solutions• Prepared presentations to assess the market and competitors and presented ideas to overcome the challenges
  • Ernst & Young
    Business Risk Consultant
    Ernst & Young Sep 2009 - Jan 2010
    Jeddah, Saudi Arabia
    • Analyzed risks in the activity of a business• Evaluated the adequacy and effectiveness of the set controls to mitigate risks• Performed spot checks to see if the controls are effective• Audited and prepared reports in Advisory Services (Risk) for companies in different industries
  • Bank Audi Saradar
    Trainee
    Bank Audi Saradar Jul 2008 - Sep 2008
    Beirut, Lebanon
    • Assisted the department manager in checking daily transactions• Match the statement of account to the statement of approval documents• Worked in the Customer Services Department

Alaa Jaafar Education Details

  • Ie Business School
    Business Administration And Management, General
  • The Chartered Institute Of Management Accountants (Cima)
    The Chartered Institute Of Management Accountants (Cima)
    Management Accountant
  • Thamer International School
    Thamer International School
    Igcse, O-Levels, And A-Levels Equivalent To The Official Lebanese Baccalaureate Ii

Frequently Asked Questions about Alaa Jaafar

What company does Alaa Jaafar work for?

Alaa Jaafar works for Zom Dairy

What is Alaa Jaafar's role at the current company?

Alaa Jaafar's current role is Finance Professional | Expert in Financial Planning, Analysis, and Budget Optimization | Supporting Sustainable Growth.

What schools did Alaa Jaafar attend?

Alaa Jaafar attended Ie Business School, The Chartered Institute Of Management Accountants (Cima), American University Of Beirut, Thamer International School.

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