Jafar Omar Email and Phone Number
Chief Financial Officer (CFO) with 20+ years in the Big Four as well as major companies in Contracting & Construction.• Expertise in financial performance optimization.• Skilled in forecasting, budgeting, and cost control.• Proven ability to drive growth and profitability.• Proficient in risk management and regulatory compliance.• Strong communicator, fostering stakeholder relationships.• Focused on innovative solutions to enhance shareholder value.
Erc Transportation & General Contracting Co. L.L.C
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Chief Financial OfficerErc Transportation & General Contracting Co. L.L.C Sep 2019 - PresentDubai, United Arab EmiratesDevise financial strategies, conduct business forecasting, and monitor performance of fiscal models, contributing to driving informed decision-making. Prepare and strategies capital investments and source financing for accelerating company's growth. Supervise working capital analysis and scrutinize financial data and operational metrics to mitigate potential risks and increase workflow efficacy. Prepare and present detailed monthly capital spending and cash flow reports, identify performance trends and opportunities, and offer valuable recommendations to executives.• Increased funding opportunities by creating investment proposals and business plans for capital ventures and assessing decisions via collaboration with executives.• Enhanced cash flow initiatives by leveraging market insights and financial expertise and formulating robust tactics whilst in close co-ordination with business leaders.• Improved working capital by implementing strategic improvements in receivables, payables, and inventory management. -
Chief Financial OfficerEmirates Roads Contracting Co. L.L.C. Dec 2013 - Sep 2019DubaiDeveloped and employed annual operational plans and quarterly financial forecasts in alignment with strategic business goals via engagement with functional leaders. Managed financial and operational evaluations to optimise revenue control, productivity, and innovation. Supervised allocation of funds and evaluated financial metrics to augment capital investments for maximal returns. Offered strategic direction on fundamental processes to improve effectiveness and simplify deliverables for determined outcomes.• Enabled well-informed decision-making by assessing financial plans and business reviews, determining key prospects and devising data-driven solutions.• Boosted workforce productivity and operational effectiveness by leading and training finance team.• Heightened profitability by producing managerial reports and assessing financial trend analysis as well as estimating fiscal impacts of business findings. -
Financial ControllerEmirates Roads Contracting Co. L.L.C. Jul 2006 - Dec 2013United Arab EmiratesEnforced and maintained effective system of internal controls and financial processes with aim of protecting company assets and improving compliance. Assessed key performance indicators and financial ratios and leveraged astute analysis to maximise organisation efficacy. Liaised with cross-functional teams to integrate pertinent suggestions derived from internal evaluations and external audit findings, validate incorporation into operational practices, and augment organisational efficiency. Supervised and executed accurate and timely month-end and year-end closings and precise cut-offs to meet financial and operational deadlines.• Enhanced organizational transparency by managing 30+ employees and ensuring accurate financial reporting following IFRS.• Validated on-time month-end and year-end closings with precise cut-offs through implementation of rigorous procedures.• Facilitated project management by providing timely insights, fostering informed decision-making, and optimizing contract efficiencies through close collaboration with project managers.• Cultivated strong banking relationships and negotiated terms, contributing to strengthening company's financial positioning. -
Assistant Audit ManagerErnst & Young Feb 2001 - Jun 2006Dubai, United Arab Emirates-Ensured proper planning and communicated timelines to clients, ensuring clear understanding and expectations.-Considered a proper job approach before commencing work, optimizing efficiency and effectiveness.-Maintained regular contact with managers and clients to provide progress updates and guidance throughout assignments.-Monitored budgets as assignments progressed, ensuring adherence to financial constraints and identifying areas for cost optimization.-Resolved all problems or questions promptly, discussing with managers and partners to ensure timely resolution and client satisfaction.-Applied various tests of internal controls techniques to assess the effectiveness of internal controls and identify areas for improvement.-Conducted substantive testing over financial statements account balances to ensure accuracy and compliance with accounting standards.-Developed recommendations to improve weaknesses in internal controls, driving process improvements and risk mitigation strategies.-Led teams on financial audits for multinational companies and industrial houses in Construction, Manufacturing, Retail, and Distribution sectors.-Established and designed audit plans for working teams, ensuring thorough and efficient audit processes.-Drafted financial statements, audit reports, and management letters, and prepared presentations for various stakeholders.-Applied IFRS while auditing various sectors of business, ensuring compliance with international accounting standards and regulatory requirements.
Jafar Omar Education Details
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Applied Science UniversityAccounting And Finance -
Riverwood UniversityAccounting
Frequently Asked Questions about Jafar Omar
What company does Jafar Omar work for?
Jafar Omar works for Erc Transportation & General Contracting Co. L.l.c
What is Jafar Omar's role at the current company?
Jafar Omar's current role is Chief Financial Officer CFO | Director of Finance | Head of Finance | FP & A | Financial Budgeting & Forecasting | Strategy.
What schools did Jafar Omar attend?
Jafar Omar attended Applied Science University, Riverwood University.
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