Izzat Alsbaini - Msc, Cma®, Dipifr And Acca®Candidate Email & Phone Number

Erbil, Erbil Governorate, Iq

Iraq

"ALWAYS AT YOUR SERVICE"IOT Iraq is part of IOT Group – a Norwegian group of oilfield services companies, with worldwide locations in the most important oil and gas logistics hubs,• Producing a full set of the financial pack and interpreting financial information for managerial staff.• Advising on investment activities and providing strategies that the company should take.• Manage the preparation of the Annual Budget, monthly Short-form Forecast, and Management Account Reports.• Liaising with the external audit to ensure appropriate monitoring of company finances is maintained.• Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.• Support project analysis, validation of plans, and ad-hoc requests.• Ensure compliance with accounting policies and regulatory requirements.

Iraq

Working in a matrix organisation (directly reporting to the Country Manager, functionally reporting the HQ Finance Director):• Responsible for the financial planning for the company, including the development and implementation of the annual budget• Oversees the accounting activities, Supervises, directs and reviews the work of accounting staff.• Coordinates monthly, quarterly, and annual closing activities to ensure timely and accurate submission of all financial reports and all regulatory, tax and other financial returns in line with IFRS, and the Company’s reporting requirements.• Makes and implementations recommendations to improve accounting processes and procedures.• Confirms financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data.• Performs internal audits of accounts payable, payroll distribution, fixed assets.• Analyses cash flow, cost controls, and expenses to guide business executives, analyses financial statements to pinpoint potential weak areas.

Iraq

Iraq Chief Accountant at AL Maha General Trading / Al Muhaidib Group ( A Nestle Sales & Distribution Operation) and reporting directly to the CFO:• Handle full spectrum of day to day financial & accounting operations.• Manage and oversee the monthly closing of financial statements.• Support CFO / Sales Director in decision making including Pricing.• Gathering & presentation of monthly ExCom & support the delivery of quarterly BOD Presentations.• Interval review of the Landed Cost to maintain the targeted gross margin.• Reporting any financial discrepancies.• Delivering Authority Matrix training session for the implementation.• Preparation of Monthly and Annual Budget ( including quarterly dynamic forecasting )• Reconciliation of bank statements.• Advising on the improvement of management accounting system, internal control system and the use of the accounting software.• Approve the transactions within designated limits / Authority Matrix.• Cooperation with external& internal auditors to carryout annual auditing.• Managing monthly Nestle payment profile.• Direct supervision and monitoring over Nestle GPR & TTS Compensation• Implement departmental objective and deliver and promote Al Maha Values and Competencies

Iraq - Erbil

Having PSC with KRG of Iraq for the exploration of O&G in two blocks in the first and the second exploratory period project operating with both seismic and drilling campaigns, key duties include:•Responsible for the tracking, recording, monitoring and controlling of all project total expenditure relating to drilling & seismic activities including asserting of invoices and claims from suppliers to ensure that all expenditures are captured and properly recorded to ensure the accuracy of accounting data.•Track all assigned invoices to ensure timely processing and payment, in accordance with contractual payment terms.•Participation in cost preparation, daily cost estimate, well cost reconciliations, well cost accruals and invoice allocation across wells.•Review and investigation of accounting anomalies•Developed data base using the SAP system•Participation in the development of improved accounting processes for control of all aspects of costs.•Generate SAP SO & SES for the approved invoices and communicate them with the contractors.•Working knowledge of ERP system “SAP” MM Model.

Syria

A company specialized in services for Telecom Operators, reporting to the Managing Director:• Conduct account reconciliation and ledger close activity for periods from 2010 till 2012.• Provide technical & administrative supervision on all financial affairs for the company’s operations.• Preparation & Presentation of periodic financial reports.• Monitors and interpret cash flows and predicting future trends.• Daily monitor of JVs, A/P and A/R accounts.• Preparation of the payroll Entry- including Social Security & Income Tax• Deal with Taxation Issues and Income tax• Design the Petty Cash System• Recommend formulation of policies and procedures related to the Finance Department.• Prepare & process entries in AL Ameen Accounting System.

Damascus - Syria

Having PSC to develop and produce natural gas from the Ash Shaer and Cherrife fields by constructing and running a (GTP) Gas Treatment Plant & (GGS) Gas Gathering Station along with the pipeline for the Ebla Project in Syria, key duties include:Responsible for ensuring that proper cost allocation aprocess are followed for the Syrian operations of Petro-Canada. Includes the tracking, checking and on time processing of invoices, dealing with local branch accountancy and withholding tax issues.By dealing with cost recovery, cost allocation, preparing tax report, and cost reconciliation & allocation to agreed contractual terms in a joint venture oil & gas company.

Damascus - Syria

Provides cost control support to Oudeh and Tishreen projects, including managing actual cost and preparing cost to complete, working on a day to day basis with the project team and report findings to Cost Control Head of Section.Responsible for:• Compare between the invoice and the PO or Contract concerning the rates, quantities, payment terms, delivery terms, period, SPC approval.• Ensure accuracy and completeness of all accounting information.• Control the preparation of all reporting requirements for review prior to submission.• Following terms of cost recovery.• Cost allocation on the proper cost centers and AFEs.• Explain billing invoices and accounting policies to staff and vendors.• Resolve accounting discrepancies.• Prepare the Accrual Entry at the end of each month.• Prepare the Estimation Accrual Entry at the end of each month.

Damascus - Syria

•Manage suppliers' accounts, Orders accounts beginning with cost, freight, insurance, customs and any additional cost.•Open new customer's accounts.•Coordinate between Operation department and Accounting department.

Studying Acca, Accounting And Finance

Activities and Societies: The Association of Chartered Certified Accountants is the global professional accounting body offering.

Master, Financial Management, Gpa 86.6%

The Program aims at magnifying the technical and administrative capabilities of the staff of banks, financial institutes, accounting.

Bs, Economics – Department Of Accounting

Activities and Societies: Has been offered a scholarship in Jordan for summer 2006 as part of Student Exchange ProgramThe programme.