Hasan Ashour Email & Phone Number

Jeddah, Makkah, Saudi Arabia

DOOSAN Group is the oldest running company in South Korea and was ranked as one of the world's top 10 largest heavy equipment manufacturers in 2018.DOOSAN Group is a South Korean multinational conglomerate corporation.DOOSAN is one of the big five O&M in the power sector over the world.Responsibilities:• Restructured finance functions across multiple group entities, improving efficiency and accuracy in financial operations.• Managed joint ventures from a financial perspective, ensuring alignment with corporate objectives.• Develop and oversee the company’s financial strategy, ensuring alignment with overall business objectives.• Oversaw the restructuring of banking facilities without incurring additional costs, strengthening the group’s financial stability.• Built a comprehensive five-year financial model to guide strategic planning and decision-making.• Conducted cost analysis to identify and implement optimization strategies across the organization.• Established timely reporting modules with enhanced accuracy, enabling real-time financial decision-making.• Directed all finance operations, including billing, accounts receivable/payable, general ledger, cost accounting, and revenue recognition.• Ensured compliance with statutory regulations, including WHT, VAT, income tax, and zakat filings.• Coordinated budget preparation, financial forecasts, and variance analysis for the group.• Strengthened internal controls by developing business processes and accounting policies.• Key Accomplishments: Implemented streamlined cash flow processes, improving liquidity management. Delivered cost optimizations through restructured overhead allocation and cost management. Achieved timely financial closings and regulatory reporting with high precision. Played a pivotal role in enhancing stakeholder confidence through transparent financial reporting.

Jeddah, Makkah, Saudi Arabia

Responsibilities:• Led finance systems and consolidation efforts for group-wide reporting and planning.• Managed risks to safeguard group assets and aligned financial operations with corporate strategy.• Supervised preparation of group management accounts and ensured compliance with accounting policies and statutory requirements.• Directed AR, AP, and GL departments, streamlining cash flow, vendor payments, and financial reporting.• Monitored inventory, fixed assets, and warehouse operations to ensure alignment with purchase plans and sales forecasts.• Prepared annual budgets, conducted quarterly reviews, and provided insights into performance KPIs.• Developed a three-year business plan to align with organizational vision and growth targets.• Conducted financial analysis, including cost reductions, profitability assessments, and capital budgeting.• Introduced sales and stock KPIs to improve store-level performance and efficiency.• Collaborated with executive management to drive financial strategies and informed decision-making.Key Accomplishments: Improved the leverage and working capital. Re-design and re-structuring the finance functions across the group. Implementing of the new ERP across the group.

Jeddah Governorate, Saudi Arabia

• Financial System Optimization:• Supported the finance systems team in maintaining and enhancing the group's consolidation system, ensuring efficiency in day-to-day operations.• Risk and Compliance Management:• Proactively managed risks affecting assets, ensuring compliance with legal, statutory, and tax requirements across all processes and transactions.• Accounting Policy and Reporting:• Maintained comprehensive accounting policies and procedures, overseeing outsourced functions and ensuring accurate preparation of group management accounts for stakeholders.• Accounts Receivable, Payable, and General Ledger Supervision:• Directed AR, AP, and GL operations, including cash flow management, vendor payments, payroll processing, and monthly financial closures.• Budgeting and Forecasting:• Developed annual budgets, monitored performance, conducted quarterly reviews, and introduced KPIs to improve stock performance and sales forecasting.• Sales Performance Analysis:• Analyzed store-level sales and stock KPIs, introduced incentive schemes, and provided actionable insights to executive management to optimize profitability.• Financial Analysis and Strategic Recommendations:• Engaged in cost reduction, profitability analysis, and capital budgeting, delivering insights on bottlenecks and recommending strategic changes for improvement.• Strategic Business Planning:• Formulated a three-year business plan aligning with company vision and mission, and spearheaded initiatives like the Continuous Improvement Policy (CIP).Key Accomplishments: Recognized as "Best Manager of the Year" in 2013 for exceptional leadership and results. Opened 33 new stores across the region, spearheading expansion efforts. Designed and implemented finance policies, enhancing operational efficiency. Achieved year-end financial closings within FAD International Co seven days, setting a new benchmark.

Jeddah, Makkah Region, Saudi Arabia

Jeddah, Makkah Region, Saudi Arabia