Hadi Jomaa, Msc, Cma Email & Phone Number

Dubai, Ae

Dubai, United Arab Emirates

Head of Finance department. Responsible for Accounting, Finance, Taxation, and Reporting to HQ (Frankfurt) via corporate reporting system.- Monthly accounts closing, and reporting of P&L.- Quarterly balance sheet reporting and consolidation of accounts.-Monitor GL transactions and ensure the accuracy and integrity of data.-Review and reconcile the balance sheet accounts, investigating and resolving the discrepancies. -Annual preparation of financial statements for Audit purpose.-Tax Compliance and reporting, in coordination with tax consultants for corporate income tax, tax inspection, latest developments in VAT.- Quarterly VAT preparation and filing.- Yearly Company Budget preparation and reporting to HQ.- Quarterly Forecasting of P&L and reporting to HQ.-Bank Guarantees management. Constant coordination with banks and project team for bond amendments, fees, credit facility agreements.-Processing vendor invoices in coordination with cost control team, approving the payments via online banking.-Cash Flow Forecasting and Treasury Management. Update the project management and HO management with schedule of collections, payments and transfer of funds.- Implementation of corporate income tax for free zone company, assessing the tax liability and potential tax savings.

United Arab Emirates

Thai Oil clean fuels project in Sriracha Refinery. Consortium, UAE-Sharjah office.EPCC Project - (Petrofac International Ltd, Saipem SpA and Samsung Engineering Co., Ltd)Project Value: 4 billion USDDuqm refinery - Joint Venture UAE-Sharjah office.EPCC Project - Petrofac International Ltd. and Samsung Engineering Co., LtdProject Value: 2 billion USDKNPC Clean Fuels project - Joint Venture UAE-Sharjah office.EPCC Project - Petrofac International Ltd, Samsung Engineering Co Limited and CB&I Nederland B.V.Project Value: 3.5 billion USD-Responsible for month-end and year-end accounts closing processes. -Monitor the GL transactions and ensure the accuracy and integrity of data.-Review and reconcile the balance sheet accounts, investigating and resolving the discrepancies. -Annual preparation of financial statements for Audit purpose.-Tax Compliance and reporting, in coordination with tax consultants for corporate income tax, tax inspection, latest developments in VAT, and withholding tax.-Ensure correct applicability of Tax Treaty during the tax filing process. Ensure the legal requirements are met based on DTT. -Monthly withholding tax preparation and filing.- Quarterly VAT preparation and filing.-Hedge accounting, management of forward contracts based on monthly cash flow forecasts. -Bank Guarantees management. Constant coordination with banks and project team for bond amendments, fees, credit facility agreements.-Processing vendor invoices in coordination with cost control team and JV partners, approving the payments via online banking.-Cash Flow Forecasting and Treasury Management. Update the project management and HO management with schedule of collections, payments and transfer of funds.- Analyze the cost reports prepared by project for applicability in monthly accounts closing, and tax liability provisions.

United Arab Emirates

Implementing accounting and financial policies/ principles and tracking systems for various functional areas while ensuring compliance with accounting standards, procedures and policies Spearheading overall accounting operations pertaining to transactions, finalization of various accounts and statements like trial balance, profit & loss account, balance sheet and reconciliation statements while ensuring compliance with IFRS Reviewing project progress, billings from clients, goods & services transactions along with VAT calculation Assessing the Business Plan for Profit & Loss Accountability, EBIT and Manpower Performance Metrics on a quarterly basis, to analyze the operational or process flaws in the system and sharing the reports with the upper management with the actionable insights Validating and approving the Contracts (Work Orders) between Profit Center and Service Centers to maintain an optimum branch profit by analyzing cost estimations (man hours and scope of work) Reviewing the revenue, sales forecast reports to generate the Monthly Anticipated Billing Report Generating various accounts and finance reports entailing:o Accounts Receivables Aging Reportso Tracking DSOo Daily Progress Reports (Project) o Monthly Closure Reporto Cash Flow Statemento Price Contract Reports; visiting clients / vendors for negotiation Drafting budgets & conducting variance analysis to determine projected vs. actual; implementing corrective actions Undertaking preparation of financial statements and providing auditors with required data for Financial Year Audit Steering functions related to accounts receivable; performed all procedures from booking the invoice till collection Maintaining the records including Purchase Order, Bank Book & Cash Book in ERP Accounting Package Analysing expenditure trends, recommending appropriate budget levels and ensuring expenditure control Preparing budgets for Indemnity Insurance Liabilities

Dubai, United Arab Emirates

Master Of Science - Ms, Accounting And Finance

Bachelor Of Science (Bsc), Banking And Finance