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ELHADI ALI
General Manager, CFO , Financial services
Muscat, Oman
Bilingual (English, Arabic) Certified Management Accountant CMA with30 years experience in middle east, seek challenging opportunity in Africa, Europe or any part of the world.
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Area of Expertise:
  • Administration, Management, Accounting/Finance, Procurement
Professional Experience:
AL MAHA FINANCIAL SERVICES COMPANY LLC•Oman •2009 – Present
GENERAL MANAGER / CHIEF OPERATING OFFICER
Promoted to GM from COO. Oversee promotion of the company business and provide leadership across all functions, reporting directly to Board. Identify business opportunities to diversify and increase client base. Develop process improvements and establish a positive work culture to foster employee engagement. Implement new technologies to increase efficiencies and reduce costs. Manage and maintain high-level relationships to ensure customer retention and satisfaction. Collaborate with board members and unit heads to guide decision making processes. Direct corporate restructuring activities through the capital market via private placement of one of the largest SME funds in Oman.
Key Accomplishments:
• Instrumental in branding and promoting Al Maha to position the company as one of the top ten financial services companies in Oman from the first year of its incorporation.
• Delivered process improvements that increased staff morale, enhanced talent retention, and reduced costs.
• Company awarded for best research and public awareness participation by Muscat Securities Market.

THE FINANCIAL CORPORATION COMPANY / SAOG FINCORP•Oman•1994 – 2009
EVP FINANCE AND ADMIN / INTERNAL AUDITOR / FINANCE CONTROLLER / CHIEF ACCOUNTANT / COMPLIANCE OFFICER
Began as Chief Accountant and advanced rapidly to achieve position as Executive VP of Finance and Administration, overseeing all financial reporting, budgeting, general accounting, HR, IT, and administration functions. Served as Secretary to the Board of Directors and the Audit Committee. Managed accounting, finance, and fund administration activities of Fincorp and its subsidiaries. Led a team of 15 accounting professionals and 5 managers across various departments. Directed key financial reporting functions. Developed and implemented systems and processes to ensure compliance with all applicable regulatory standards; ensured adherence to Capital Market laws and internal audit standards.
Key Accomplishments:
• Led corporate restructuring process via tri-merger by incorporation of the erstwhile Al Shalman Securities Co. to form the Financial Corporation SAOG (FINCORP) as a market leader for financial advisory services in Oman.
• Company recognised by CMA with the ‘Award of Best Manuals’ after redesign of process/procedure manuals.
• Key contributor to building and growing client base and revenues; Fincorp awarded by Muscat Securities Market for substantial volume growth.
• Implemented effective treasury management and cost control processes to improve overall profitability.
• Company awarded for best corporate governance while serving as the Compliance Officer and Board Secretary.
• Played vital role in the formation of Fincorp Al Amal Fund launched in 2005 as open ended mutual fund with mandate to invest across the GCC. Represented the company to close a deal of acquiring stake in an
Education:
Certified Management Accountant (CMA), Institute of Management Accountants, USA
Member, Institute of Management Accountants (IMA), USA
Member, Chartered Institute of Securities & Investment (MCSI), London, UK

Bachelor Degree in Business Studies; Accounting
KHARTOUM POLYTECHNIC | Sudan

Technical proficiency; Computer, Internet, MS Office Suite
Available for:
  • Job opportunities

    Years of Experience:
    More than 20 years
    Highest Qualification:
    Bachelors
    Languages:
    Arabic
    Nationality:
    Ireland
    LinkedIn Profile: https://www.linkedin.com/in/elhadiahmedali-cma-mcsi-gm-coo/
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