Finance And Administration Manager - Chief Financial Officer
Damascus Syria
Responsible for all finance and administrative related activities including providing internal controls, preparation of local and U.S. GAAP financial statements, accounts payable, cash management, cost control, financial forecasting, management reporting, cost recovery audit and partner relations. Served as a member of company’s management team and the Joint Venture’s Joint Management Committee. Led organization of 65 employees.• Locally recruited finance professionals eliminating need for additional expatriates resulting in savings of over $1 million per year.• Increased accepted cost recovery items by $10 million. • Established local Ethics and U.S. FCPA compliance policies, a first in Syria.• Achieved full compliance with US export controls and banking restrictions.• Developed and successfully executed business continuity plan during 2003 Iraq war. • Liquidated company at end of Service Contract allowing company to receive final $8 million remuneration payment.• Successfully closed Damascus office. o Met all government requirements for company exit.o Developed incentives for company employees to remain until end of contract, eliminating need for temporary expatriate staff resulting in saving of over $1 million.o Terminated all employees with minimal legal action taken against company saving $500,000-$1 million in claims and legal costs, recognized by local legal community as a best practice. • Represented US business interests on School Board of US Embassy American School.