Mazen Saad

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Mazen Saad Powered By Docstoc
Mobile #:     +971503715519; +971555190465


Looking for an exciting and challenging position in a growing business environment that interacts with
my qualifications, experience and enthusiasm; and would benefit your entity; and gain professional
experience and advancement.


Plus Holding L.L.C – Dubai, UAE – November 2008- Present
A group of companies in 5 countries spread in GCC and Levant with a diversified business that
combines Media, Printing, Advertising Real Estate, Development and Brokerage. The Group
employees more than 500 staff and labor and have projects worth more than 500 million USD in UAE
and Lebanon.

My duties and responsibilities as the Group Financial Controller mainly were:
      Established effective systems of financial control, policy and procedures, reporting channels
       and undertook internal audits as appropriate; to keep financial control procedures under review
       and alert the chairman and vice president to any inadequacies.

      Ensure the Group has in place effective processes for measuring performance across the range
       of its activities and providing an analysis and commentary of key performance indicators and
       trends through directing and coordinating financial planning and budget management functions,
       and monitor and evaluate efficiency in operations by confirming that all budget holders and
       managers understand and comply with agreed financial procedures, and to drive improvements
       to these systems and processes to enhance efficiency and control.
      Monitor cash flow statements and Group’s bank situation as part of the overall treasury
       management function and financial solvency.

      Direct and participate in formal and informal meetings with bank directors, trustees, executive
       and key management, counsels, external auditors and consultants in order to gather information
       and discuss findings and enforce laws and regulations within the Group to ensure legality of
       transactions and operations.

      Resolve problems concerning the overall financial integrity of the Group including loan
       investment portfolios, capital, earnings, and specific or large trouble accounts, rescheduling
       scenarios. Also managed a cut expense policy and close monitoring of the Group’s P&L and its
       subsidiaries for any unexpected increase in the expenses to be in line with budgeted cost and to
       maintain high level of liquidity in the current financial crises.

      Review audit reports of external auditors and coordinate with them for the proper audit plan for
       all the Group in all the countries in order to monitor adequacy of scope of reports or to discover
       specific weaknesses in internal controls and ensure the Group financials are in line with the
       International Financial Reporting Standards.
Gulf Insurance Company K.S.C – Kuwait city, Kuwait – October 2007- November 2008
A regional insurance company and the number one in its domestic country with 6 subsidiaries spread
in the GCC, Levant and North Africa. Rated with S&P as “BBB+ with positive outlook” and
employees more than 300 admin staff. The average stock price in the local stock exchange market is
above 750 files (approx. 2.5 USD per share).

My duties and responsibilities as the Regional Financial Analyst mainly were:
   Responsible for compiling, analyzing, consolidating and organizing the financial information
      for the Company and its subsidiaries and monitor the performance through budget, and
      financial ratio analysis processes and identifies trends and developments and presents findings
      to management board;

      Close monitoring for six subsidiaries spread over six countries for their financial performance
       and budget control and proper follow up with regulators of each respective country for the
       compliance of the companies with the existing regulations and solvency margins.

      Responsible for special projects as assigned (Standards & Poor rating project and Enterprise
       Risk Management ERM project to establish a full ERM framework with proper implantation
       and identifying risk appetite and tolerance);

      Established an excel model for reporting where it compares actual to prior periods and
       budgeted figures with proper analytical ratios by period, line of business. The model analyzes
       the investments held according to their classification, category, rating, maturity, currency and
       industry. Also the model gives clear indications to (ALM) and investments concentrations
       where it helps and guides to clear identifications of exposures and risks held.

Ernst & Young – Beirut, Lebanon – February 2001 – September 2007
Multinational audit practice firm, one the top big four professionals firms with multinational clients. It
provides audit, tax, business risk and many other professional services.

My duties and responsibilities as Supervisor Auditor mainly were:
      Coordinates, supervises, and conducts audit assignments, reviewing the efficiency and
       effectiveness of departmental operations, the adequacy of internal controls, and verifying
       compliance with regulatory requirements;

      Establishes audit objectives and develops audit program, including time estimates, plan of
       work and steps necessary to collect data and document findings;

      Responsible for the development of audit findings and summaries; completes and monitors
       field work, completes and reviews work papers, conducts negotiations, resolves appeals, edits
       preliminary drafts and prepares the final audit report;

      Responsible for preparing and reviewing financial statements (consolidated and separated)
       according to International Financial reporting standards and management reporting packages.

      Monitors work assignments to ensure timely completion and perform detailed quality assurance
       reviews of working papers and reports to ensure the completeness, accuracy, and objectivity of
       audit reports, and consistency with International Financial Reporting Standards (IFRS), or
       Generally Accepted Accounting Principles (US GAAP);
       Cisco Systems, Inc. – Dubai, United Arab of Emirates – June 2003 – June 2004
       Multinational internet solutions and communications software providers in the world and
       number in the GCC and Middle East region. I was seconded to the regional office from E&Y to
       Dubai and was reporting to both managements.

My duties and responsibilities as the Chief Accountant mainly were:
      Monthly reporting of balance sheet, income statement, statement of cash flows and retained
      Budgeting and budget control with analyzing positive and negative variances;
      Accounting entries and monthly reconciliations of banks, intercompany and related parties;
      Monitoring policies and procedures.
      Cash forecast and treasury reconciliations;


      September 2009                  Subject: Finance workshop for Plus Holding;
      July 2008                       Subject: S&P rating for Gulf Insurance;
      June 2007                       Subject: Presentation Skills;
      November 2005,August 2006       Subject: Banking Accounting & Auditing;
      July 2005 & November 2006       Subject: Financial reporting & IFRS updates;
      July & December, 2004           Subject: Accounting & Auditing 2 & 3;
      February, 2004                  Subject: Electronic Business & Finance;
      May, 2002                       Subject: International Financial Services;
      September 2001& November, 2004 & 2005 Subject: Audit Technical Workshop.


      Lebanese University, Bachelor degree in Accounting & Finance, November 1999;

      Lebanese University, Bachelor degree in Marketing & Management, June 2000.

      Finalizing and partially passed the American Certified Public Accountant (CPA) Exams with
       the California Board of Accountancy

    Fluent in English and Arabic (speaking, reading and writing)

    Windows and Microsoft Office (Excel, Word, PowerPoint, Internet) all versions;
    Oracle financial System, ABS, Fox Pro & other Accounting Systems;

     Birth is 7th October 1975; Lebanese; Married with two children

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