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ELHADI ALI

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Executive Director

Skills and tools

Management
Team Management
Commitment
Flexibility
Analytical skills
communication skills
Teamwork
Problem solving
Leadership
Perseverance and motivation
Confidence
Enterprise and entrepreneurial skills
Financial Software
Confidentiality

Contact ELHADI ALI

Terms & Conditions Terms and Conditions

About me

Certified Management Accountant CMA, with a broad set of transferable skills that is applicable across different sectors and roles. Senior Executive withextensive management experience in investment banking operations with anemphasis on change management, business restructuring, IPO, M&A andbusiness combinations transactions. Expert in financialplanning, business strategy, providing financial advisory on capitalinvestments, capital expenditure, enforcement of budgetary controls, financialreporting, treasury, design of effective processes, procedures, continuousimprovement in internal controls. Financial business partner and hands-onleader with extensive board room experience and investors relations.Bilingual, a culturally aware mangerwith unique leadership capabilities and management skills to handle complexsituations and dealing with people from diverse backgrounds. Consistently able to collaborate, lead,monitor, motivate teams, and instill a common vision to inspire andinfluence people to do the best that they could do and strive to bring positivechange and excellence in everythingCORE COMPETENCIES·     Technical skills: Accountancy, finance, financial dataanalysis, corporate tax planning, strategic businessplanning, project management,budget and forecasts, regulatory examination, auditing, compliance, duediligence, corporate governance, risk management, HR, customers’ service, andbusiness development.·     Interpersonal skills: Strategic thinking skills, flexible, adaptable, collaborative, creative, decisive, highly organized, problem solving skills, analytical skills, attention to detail, time management skills andability to work under pressure. ·     Excellent communication skills: Written and verbal in English and Arabic and technical writing.·     MS Office applications: Microsoft Excel, Word, and PowerPoint presentation.·     Enthusiastic achiever: Result-driven with aproven track record of profitable IPOs, millions of dollars in privateplacement, 30% cost reduction, 20% dividend, and awards winner.

Education

July 2003 -May 2007
CMA, Certified Management Accountant,
Institute of Management Accountants IMA, USA,

Certified Management Accountant (CMA) Exam.Scaled ExamPart Score Score DateCMA1 - Business Analysis PASSED 500 September 24, 2003CMA3 - Strategic Management PASSED 540 July 14, 2003CMA4 - Business Applications PASSED 520 April 27, 2005CMA2 - Management Accounting & Reporting PASSED 560 March 17, 2007The 4 Part CMA exams tested your competence in the following management accounting content areas:Business AnalysisA. Business EconomicsB. Global BusinessC. Internal ControlsD. Quantitative MethodsE. Financial Statement AnalysisManagement Accounting & ReportingA. Budget PreparationB. Cost ManagementC. Information ManagementD. Performance MeasurementE. External Financial ReportingStrategic ManagementA. Strategic PlanningB. Strategic MarketingC. Corporate FinanceD. Decision AnalysisE. Investment DecisionsBusiness ApplicationsA. All topics from Parts 1, 2, and 3 plus:B. Organization ManagementC. Organization CommunicationD. Behavioral IssuesE. Ethical ConsiderationsYou should be proud of your achievement!

July 1983 -October 1987
Bachelor Degree, Business Studies, Accounting
Sudan University of Science and Technology

Second class division 2

Work Experience

November 2009 -Currently working
General Manager | Chief Operating Officer
Al Maha Financial Services

Provide oversight oncorporate strategy; manage shared services including finance operations,business operations, IT, performance measures, and financial results. Provide oversight onstrategic planning and performance management. Establish a positive work culture to foster employee engagement. Provideguidance on:  Industry knowledge: Investment banking,brokerage, market insight, corporate research, asset management, portfoliomanagement, investment strategies, investment management, fund management, fundadministration, financial analysis, M&A, and corporate finance.Strategic direction: Managing corporatebusiness strategy development, acquisitions plans, budgeting and financialforecasting, business intelligence, creating a new focus, identifying newbusinesses, goal setting, performance management, setting KPIs, developingfinancial policies, documentation of process flows, procedures, innovation andcost-effective solutions.Risk management: Skilled in predicting threats andproblems before they occur. Ability to build a disaster recovery plan,risk analysis, and SWOT analysis to identify risk mitigation tools, reduce itsimpact and protect the company’s assets,resources, and its image.: Engaging in recruitmentprocesses, ability to mote, mentor, influence, and coach.Regulatory requirements: Oversee legal affairs toensure that the company complies with all legal and regulatory requirements. Proficient in draftingcontracts, knowledgeable of corporate laws, tax regulations, capital marketsregulations and other legal issues affecting the industry. ACHIEVEMENTS:  ·     Played a key role indiversifying the business, and positioning the company among the Top10 in itsindustry within a short time from its incorporation. This is as per MuscatSecurities Market ranking.·     Implemented ERP systems that led to a 20% reduction in OH over 3consecutive years and continues.·     Managed a new issue via a private placement of one of the SME funds inOman with a size of $250m.·     Created a streamlined, less bureaucratic structure, successfully reducingthe workforce by 15% without disturbing the operations or customer experienceand service levels.    

November 1994 -October 2009
EVP Finance and Administration| Chief Financial Officer CFO| Compliance Officer| Internal Auditor| Financial Controller
The Financial Corporation Company SAOG Fincorp

Financial leadership: Built and led anefficient finance department and back-office operations. Ensured smoothoperations of the finance and accounting department as per the standards and acceptedfinancial principles and vision.Ensured the accounting record keeping meets the requirements of theregulators, and auditors. Financial management: Monitored workingcapital, capital budget, cash flow planning, and resource allocation. Ensured that the Finance department supporting the business at astrategic and operational level.Financial Reporting: Provided oversight on theissuance of annual reports. Accountable for theintegrity and the reliability of financial reporting, financial information andMIS and reliable financial reports to the CEO, Board of Directors, and Executive Committee to support sound decisionmaking, bottom line  and compliance. Internal Audit and Compliance: Supervised thepreparation of the company’s procedures manuals. Assisted the management bymonitoring effective compliance and financial controls and responded toregulatory requirements including annual financial reporting, quarterlyreporting, capital adequacy, and corporate social responsibility.Business partnership: Build relationships withbanks, lawyers, external auditors, vendors and government.Company Secretary: Secretary to the Board of Directors, and the Audit Committee, AGM, andEGM meetings.ACHIEVEMENTS:·     Managed an IPO as a project leader working financial duediligence and closely with the CLO, regulators, and banks. The IPO exceeded the target levels and generated anet profit of over $ 2 million in 3 months.·     As a CFO and in partnership with the corporate finance team, and other C-Suite officers at the company played akey role in positioning the company for a successful tri merger. ·     As a CFO managed to reduce cost by 30%. Fincorp distributed 20% cashdividends for the first time.·     Achieved compliance with all external reporting authorities, CMA andstatutory audits. ·     The Company was awarded for the best corporate governance while I wasserving as Compliance Officer.·     In collaboration with the CEO, closed an acquisition of a real estateorganization. From due diligence documentation through project completion. Thisinvestment sold after 4 years at a profit exceeded 100%.

August 1992 -October 1994
Chief Accountant
Al Omani Institute for Vocational Training, Muscat, Oman

Managed finance and accounts: including budgeting andforecasting, cost analysis and control, cashmanagement, financial statements, general accounting,general ledger, transaction processing, pricing and billing, financial recordskeeping, balance sheet, variance analysis, accounts payable and accountreceivables, fixed assets, payroll processing, expenses payments andreimbursement approvals, bank reconciliations, monthly reports, reporting tomanagement to enhance decision making, etc.

January 1988 -August 1992
Senior Auditor
Ernst & Young (Erstwhile Arthur Young Int.), Khartoum, Sudan

Gained extensive experience andtraining at AY, which was one of the Big 4.

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