ALBERT MOUSA ASFOUR

Financial Management
Linkedin.com/in/albertasfour | +9647503632051 | albert.asfour@yahoo.com | Syrian –
11th Feb, 1976

Seeking a suitable position as a financial management in a challenging and progressive environment, whereby I could utilize
my professional financial expertise, extensive business experience, and ability to interact with senior management and the
business community effectively .with more than 25 years of financial experience, Expertise in preparing financial statements ،
monitoring payrolls, daily transactions, budgets, forecasting and recording all financial activity.

WORK EXPERIENCE

Finance Manager (Full Time) Nov 2023 – Present

Statements - Accounting & Audit – Erbil, Iraq
provides its clients with auditing, accounting and business consulting services that are characterized by the highest level of effectiveness and first-class added
value. We have been able to reach a distinguished position due to the services we provide that are free from errors and defects, and that provides our
customers with timely and reliable support without errors.

 Implementing and maintaining a documented system of accounting and finance controlling policies and procedures
 Design and developing the finance department organizational chart to achieve department's goals and objectives
effectively.
 Oversee the operations of the financial control and general accounting departments.
 Implementing an advanced cash flow system to control cash in-out by cash type and compare
actual with budgeted.
 Design a full budgeting system including procedures, roles in order to forecast company needs.
 Manage the reporting system of the company into Daily, weekly, quarterly and yearly reports
system with strict cut-off method.
 Training staff on international financial reporting standards.
 Assist BOD in the formulation of its overall strategic directions.
 Engage in ongoing cost reduction analyses and proposals.
 Manage all aspects of relationship with external auditors, tax system by complying with governmental tax regulations
and reporting requirements.
 Design and developing the finance department organizational chart to achieve department's goals and objectives
effectively.
 Oversee the operations of the financial control and general accounting departments.
 Implementing an advanced cash flow system to control cash in-out by cash type and compare actual with budgeted.
 Preparing estimated budget studies and discussing them with all departments to achieve the company’s goal of
increasing financial and operational revenues.
 Preparing economic feasibility studies for the company’s potential expansion operations or to study new projects
within the company’s vision.
 Supervising the monthly and annual account closing processes and making the necessary corrections in the final
entries to ensure the integrity of the information provided to the company’s management in a way that ensures a clear
and frank vision of the company’s financial position as of the financial reporting date.
 WORK EXPERIENCE

Accounting Manager (Contract) June 2023 – Oct 2023

Active Remedy Medical Distributors – Erbi, Iraq
Active remedy has a great background of distributing pharmaceuticals and healthcare equipment for the purpose of minimizing the world for your health.
Active remedy continuously develops its abilities to achieve the most useful and important items.

 Managing and supervising the daily operations and tasks that take place within the company’s accounting department.
 Analyzing accounting data, preparing financial reports, preparing and managing income statements and budgets.
 Organizing and preparing annual inventories.
 Implement, apply and develop appropriate accounting methods, principles and policies.
 Closing accounts every end of the month and every end of the year.
 Make cash forecasts and forecasts and determine expected future financial resources and expenditures.
 Coordination of annual audits.
 Providing suggestions to achieve financial accounting objectives.
 Create and maintain financial files and records to document all transactions and movements made.
 Planning, implementing and supervising the company's comprehensive accounting strategies.

Finance Consultant (Full Time) / Contract Nov 2022 – Apr 2023

Norwegian Church Aid (NCA), Country Office - Damascus, Syria
Norwegian Church Aid is a Norwegian humanitarian and ecumenical organization with headquarters in Oslo. It was traditionally affiliated with the state Church
of Norway, but is now independent. Norwegian Church Aid works together with people and organizations across the world to eradicate poverty and injustice.

 Processing with booking vouchers of all invoices, payments, and receipts, including bank transfers and ensuring
proper documentation and authorization of all financial transactions according to segregation of duties and
authorization levels .
 Follow up and settlement of staff work advances & reconciliation on and cash counting on weekly basis .
 Processing cash journal financial transaction for cash accounting, ensuring that financial transactions are up to date,
maintenance on daily cash journal and ensuring that documents are ready to be timely and accurately recorded in the
accounting system.
 Preparing Cash Reconciliation on weekly basis in accordance with NCA Operational Manual .
 Verifying monthly reports from partners together with Finance Manager and Regional Finance Consultant.
 Quality control of all submitted procurement documentation prior payment to take place. Liaison with vendors for all
related question to payments of invoices submitted.
 Assist the Finance Manager and Regional Finance Consultant in monthly reconciliations of the balance accounts.
 Assist The Finance Manager and Regional Finance Consultant in monthly verification and follow up of the partner’s
submitted financial reports.
 Compliance with NCA code of conduct and take appropriate steps when needed to minimize the risk of fraud or theft.
 Assisting in fulfilling audit requirements and any other tasks agreed between the contractor and the contracting
authority.
 Coordination within the finance team and among NCA departments.
 WORK EXPERIENCE

Chief Financial Controller / Deputy Financial Manager (Full Time) Jul 2020 – Oct 2022
St. Ephrem Patriarchal Development Committee - EPDC – Damascus, Syria
It is a non-governmental organization working under the auspices of the Patriarchate of Antioch and the rest of the East for the Syriac
Orthodox Church, and it reports directly to His Holiness, Patriarch Mar Ignatius Ephrem II, the Blessed Grand Priest.

 Participate in setting new project budgets with the project or program manager.
 Explanation of the new budgets and their dependencies and the mechanism of charging expenses to the project
accountants.
 Conducting exercises related to the financial aspect of the project.
 Checking purchase orders and comparing them to the estimated budget and the possibility of financing them.
 Checking and signing the project's disbursement orders with the completion of the supporting documents.
 Supervising the recording of accounting entries, auditing and migrating them.
 Preparing the donor's monthly reports and updating project expenditures to follow up the completion rates during the life
of the project.
 Close the project and prepare financial plans for the closing process during the liquidation period
 Follow up all external audit procedures and send samples in coordination with the team.
 Monitor budgets and carry out forecasting for new and ongoing projects according to established corporate procedures
and requirements.
 Preparing monthly payroll schedules and transferring salaries to employee accounts Auditing the work of the accounting
department, directing the team, conducting audits and monitoring operations on all budgets and matching them with the
trial balance for each project.

Chief Accountant Manager (Full Time) Jun 2019 – Feb 2020

Syrian Metal Manufacturing - HADEED (Sama Al Sham Group) - Damascus Sub, Syria
With tremendous efforts and high technologies, HADEED factory was belt to be one of the most important industrial investments in the
area. Production steel starting from melting the iron scrap. It also able to produce rolling mill with advanced rolling features.
 Perform financial analysis and reporting to management as needed.
 Perform month-end accounting activities such as reconciliations and journal entries.
 Coordinate with finance team to complete assigned accounting tasks within deadlines.
 Evaluate computerized accounting systems and provide recommendations to IT team for performance improvements.
 Generate financial reports and statements to Managers for review. Analyze financial discrepancies and recommend
effective resolutions.
 Plans, organizes, assigns, reviews, and evaluates the work of assigned professional and technical support staff.
 Responsibility is to Prepare Financial Reports and Supporting Schedules and Presentation to CEO (SPA Ratios, Debt
Ratios, MIS Report, Ideal Ratios …etc).

Chief Accountant (Full Time) Apr 2017 – May 2019

Syrian Metal Manufacturing-HADEED ( Sama Al Sham Group ) – Damascus Sub, Syria
 Estimating the risks affecting the company's activity and its relative importance, including the efficiency and adequacy of
the company's employees, the size of the fixed assets and cash liquidity, the geographical spread of the company's
market, competition activities, and fluctuations in activity and industry trends.
 -
Working Capital Management including raising the efficiency of cash management, Analyzing the economic size of the
stock in agreement with the Purchasing Manager in relation to the costs of the funds invested in the inventory and the
costs of keeping the inventory, The credit analysis in terms of terms and duration.
 Review the documentary cycle periodically to verify the effectiveness of internal control over revenues, Expenses, assets
and liabilities of the Company Preparing the company's draft planning budget (estimated budget) for next year Based on
quantitative and financial estimates prepared through various departments procurement - stores - operation - maintenance
- recruitment ... etc.)
 Follow up the implementation of the estimated budget to detect deviations in implementation and its causes.
 Contribute to the development of employment plans and the associated financial budget.
 Reparation of financial reports including final and quarterly financial statements in accordance with the requirements of the
professional standards regulating this matter.
 Preparing analytical data at the end of each month on the financial position of the company in terms of cost analysis
Activity and measurement of cost and return per center cost and profitability.
 WORK EXPERIENCE

Financial Manager (Full Time) Oct 2014 – May 2016

Maxima Plast - Master Batch – Damascus Sub, Syria
Maxima Plast is a pioneer plastic factory in production master batch and plastic compounds and other plastic fillers and additives,
established in the industrial city of Adra to meet the needs and development of local and global growing market of plastic industry.

 Check the prices of contracts and compliance with the global stock market prices on the day of Fixation price .
 Conducting operations to hedge purchase and sale contracts to ensure the disposal of the exchange differences .
 Monitor and control the resources and expenses of the company and make sure to use the correct usage .
 Approval of the settlement statements rotating own expenses and take the necessary decisions .
 Study exchange differences occurring in the accounts and find ways to ease the difference or canceling.
 Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins,
variances and cost analysis .
 Responsible for closing books at year end upon completion of annual audit .
 Responsibility is to Prepare Financial Reports and Supporting Schedules and Presentation to CEO (SPA Ratios, Debt
Ratios, MIS Report, Ideal Ratios, etc.)
 Monitor expenditures, analyze revenues and determine budget variances and report the same to management.

Financial Manager (Full Time) Dec 2011 – Nov 2014

United Commodities - Group of Companies - Damascus, Syria
 Check the prices of contracts and compliance with the global stock market prices on the day of Fixation price.
 Conducting operations to hedge purchase and sale contracts to ensure the disposal of the exchange differences.
 Monitor bank balances and conducts foreign remittances to foreign companies, according to the contracts signed
between the two parties.
 Monitor and control the resources and expenses of the company and make sure to use the correct usage.
 Approval of the settlement statements rotating own expenses and take the necessary decisions.
 To approve the preparation of the final accounts of the company and make sure completed on time and to inform senior
management and the follow-up audit by the external auditors.
 Study exchange differences occurring in the accounts and find ways to ease the difference or canceling.
 Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing
margins, variances and cost analysis.
 Responsible for closing books at year end upon completion of annual audit.
 Responsibility is to Prepare Financial Reports and Supporting Schedules and Presentation to CEO (SPA Ratios, Debt
Ratios, MIS Report, Ideal Ratios, etc.).

Chief Accountant (Full Time) Sep 2009 – Dec 2011

Dreams Decoration - Group of Companies - Doha, Qatar
Dreams Decoration and Curtain Palace Group of Companies Established on 1979 and developed all the necessary divisions
to offer a complete fit-out solution including joinery, upholstery, gypsum work, flooring, wall covering, curtain making and
design in order to provide a complete interior work.

Senior Accountant (Full Time) Mar 2007 – Jun 2009

SamTech Middle East FZ-LLC - Dubai, U.A.E
SamTech Middle East FZ LLC is a leading Middle Eastern supplier and service/solution provider of GPS based Intelligent
Wireless Tracking and Asset Management systems.

General Accountant (Full Time) Feb 2004 – Mar 2007

AL JAWAD MOBIL PHONES (Mobil Phone & Spare Parts Trading) - Dubai, U.A.E
One of the companies specialized in the import, export and sale of spare parts required for maintenance of mobile phones
and the few companies which have signed contracts with Nokia to import the original spare parts.
WORK EXPERIENCE

Accountant (Full Time) Feb 1998 – Dec 2003

KIRBY (Strong Motors Company) - Sharjah Br., UAE
KIRBY is one of the largest companies for the distribution of household cleaning machines and health care Product is the sole

EDUCATION

Bachelor's degree in Economics / Accounting 1998

Damascus University, GPA 76.57 %, Damascus, Syria

COURSES

NGO Accounting Course 2022

C-Edvisor – Damascus, Syria

The Professional Course of Certified Management Accountant (CMA-P1) 2018

SAFAP - Damascus Br, Syria

E-learning Courses on IMA Data Analytics & Visualization Fundamentals 2018

IFRS (Int’l Financial Reporting Standard) 2017
SAMA CHAM Group - Yafour Hotel, Damascus, Syria

Course to Prepare the Internal Auditor for Quality 2015

Management Systems- ISO 9001-2015 .

LANGUAGES

Arabic: Native speaker

English: Very Good (Reading, Writing, Speaking)

REFERENCES AVAILABLE UPON REQUEST