Mohamed Ahmed Dobay
Address: UAE, Abu Dhabi
Contact No.: 0508117440; Email: email@example.com
SENIOR CHIEF FINANCIAL OFFICER
Progressive executive leader, operational strategist and trusted advisor. Demonstrated ability to streamline
business operation that drive growth and increase efficiency. Strong qualifications in developing and implementing
financial controls, processes and productivity enhancement. Possesses solid leadership, communication and
interpersonal skills to establish rapport with all levels of staff, management and stakeholders. Results driven,
proactive, diligent and multi-skilled finance professional with accomplished experience of 27+ years. Adept at
working in high pressure environments with strict deadlines and multiple deliverables.
Well versed in developing short & long-term strategic objectives of an organization, designing reporting,
compliance and accounting processes/systems
Expert in steering functional areas of finance, accounting & control, budgeting and forecasting, project
accounting, MIS and variance analysis, cash flow management, consolidation & financial statements.
Skilled in setting financial and other controls, maintaining compliance with relevant policies, procedures and
accounting standards, in line with audit authorities’ recommendations.
Reliable in providing timely management reports, comprehensive and realistic financial forecasting, budgeting,
and variance analysis.
Keeps himself abreast with the latest development in accounting & auditing standards and national requirements
with an eye for details.
Hard task master with quick reflexes, competency in observation, well organized & flexible, problem solving &
organizational abilities and carries an unsullied image of integrity and honesty.
Excellent communication, presentation and motivation skills, disciplined with excellent relationship building,
efficiently work with multinational teams, possessing helpful and positive attitude with pleasant and cheerful
Vision & Strategic Planning Finance & Accounting Budgeting & Forecast
Compliance & Governance Governance Matrix Financial & KPI’s Analysis
Financial Reporting Business Process Improvement Communications
Auditing & Internal Controls Staff Succession Planning Accounting/controllership
Problem Solving Skills Oracle Financials Cash Flow Management
Change Management Team Building & Leadership Liaison & Coordination
UAE Federal Agency
Start up, Governance, Policies, ERP….
Oct. 2015 – Present
Jan.2015 – Sept. 2015
Abu Dhabi Media Company, Abu Dhabi May2007 – Sep 2014
Chief Financial Officer
Heading and managing a team of 72 members and reporting to the CEO and Board of directors (reporting to
the Group CFO 2009 – 2012).
Actively involved in the development of the Company’s short and long-term strategic Goals and objectives.
Leading the Company’s financing initiatives, cash flow management and communications with financial
institutions as well as governmental authorities.
Monitoring the operational performance and various activities of the finance and admin teams to ensure
meeting the highest standards.
Monitoring and reporting on the business performance and meeting the business units heads to discuss, agree
and implement the recommended actions to correct and (or) enhance the performance.
Responsible for designing, specifying, sourcing and delivering the reporting, compliance and accounting
processes/systems to cater for the requirement during the growth of the Company.
Establishing, implementing and maintaining adequate financial and other controls.
Ensuring compliance with relevant policies, procedures and accounting standards, in line with internal audit
recommendations as well consistency and compliance with IFRS.
Accountable for timely and correct preparation of the annual budget, forecasts, monthly management reports,
monthly variance analysis review of balance sheet, cash flow and Profit and Loss.
Organizing presentation on the monthly management reports to the Management and Board “finance
Mandate the monthly/yearly closing and consolidation process to the Group and its subsidiaries, and delivery
of a controlled and streamlined closing and consolidation process.
Implementing the cost saving initiatives across the Group.
Ensuring no overlapping of duties and the segregation of duties to comply with internal controls guidelines.
Nominated as Chairperson of the Investment Committee and Board member in two of the group subsidiaries
Elected as Chairperson of the finance committee of the Arab States Broadcasting Union (22 countries)
Successfully implemented the new Governance matrix and built a perfect team in Finance.
Applauded for effectively initiated and managing cost saving /efficiency project.
Provided valuable contribution in devising new Grading, pay scale and HR policy.
Emirates `Media Inc., Abu Dhabi Jan2005- Apr2007
Head of Finance (Finance Director)
Heading and managing a team of 40 staff and reporting to the Finance & Admin Director.
Maintaining the ongoing operations and assisting in redeveloping and redefining key finance processes and
Assigned roles & responsibility for managing the following focused areas as under:
Reengineering project team (Finance Theme Team)
Documenting the existing financial processes/policies and procedures with regard to existing operations.
Analyzing the historical financial data to ascertain the facts behind the current financial situation and defining
potential risk areas within the business
Formulation of a first time budget for the all operating areas within the company.
Organizing training for all employees on concept, type, method and benefits of budgeting.
Set up of a new financial structure for the company with new policies and procedures showing the financial
relationships between the function and administration
Tasked with representing the finance division and designing the adhoc reports for the Board and Steering
Committee to present the different project stages and the Project milestones
Investment Committee – Finance Representative:
A sole finance representative on a 3 member strategic team for investment, funding, outsourcing and joint
venturing for the company’s best interest.
Managing the financial business modeling, full feasibility studies and ratio analysis, to determine
recommendations or rejection of various projects.
Monitoring the approved implementations to check adherence, manage interfaces with existing procedures.
Oracle Financials Implementation Project – Finance Team Leader:
Managing Oracle Financial Implementation project from initiation to final implementation (Define scope,
RFQ – Quotation analysis, evaluation, contract analysis, and implementation).
Devising the New Chart of Accounts for the Company and contributing in the setting up the system for the
best practice and company specific requirements.
Financial Operations & Control:
Responsible for managing the staff and definition of various processes and activities within the department.
Managed and maintained an effective relationship with the finance units of all departments company wide.
Ensured accuracy and integrity of financial reporting
Managing and maintaining all the aspects of internal, external and governmental audit points.
Actively and successfully contributed in two change management projects
Successfully implemented Oracle Financial and devised new Budget rules and guidelines.
Successfully launched printing company (UPP) as a subsidiary of the group
Emirates Media, INC Nov 2000 – Dec 2004
Financial Controller (Head of Accounts)
Managing all the financial and accounting functions and ensuring accuracy and data integrity of financial
Preparing and communicating variance analysis from budget & recommending correcting measures.
Responsible for managing auditing transactions and negotiating with external and governmental auditors.
Tasked with the review the structuring and charting of account for the 1st phase of implementation of Oracle
Financials, training and assisting staff.
Responsible for providing an efficient accounting and financial operation in line with policies.
Organizing training of finance staff on end of year processes, budgeting, control and audit.
Instrumental in modernizing Finance department.
Successfully implemented new Budgeting and Reporting concepts.
General Industry Corporation, Abu Dhabi Oct 1991 -Oct 2000
Assigned responsibility of the implementation of Oracle Financials at the Head Office as well as 6 factories.
Associated as member of a committee of 3 to build the new chart of accounts to fit all requirements to be
consolidated at head office.
Functioning as Cost controller for all the raw materials and production lines to conduct cost analysis.
Commended for timely preparation of Monthly performance analysis report.
Effectively managing the Oracle Financial project.
Successfully consolidated Chart of accounts for 7 factories in GIC.
Egypt (Port Said) Accountant 1987- 1991
EDUCATION & TRAINING
Certified Management Accountant (CMA), Australia, 2013
B. Com (Accountancy), Good grade, Suez Canal University, Egypt, 1987
Certification: Certified International Business Analyst
Chairman & the UAE representative (Finance & Admin Committee), Arab State Broadcast Union (ASBU)
Chair ADM investment Committee (Mar 2011 – May 2014)
Board Member, United Printing and Publishing (UPP) (Apr 2012 – Jul 2013)
Head of Audit Committee, United Printing and Publishing (UPP) (Apr 2012 – Jul 2013)
Board Member, Emirates Media Measurement Company (EMMC) (Apr 2012 – Jul 2013)
Training/ Courses Attended:
Oracle ERP comprehensive course covering all aspects of setting up and administrating Oracle Financials
Auditing & Control Accounting & IFRS updates
Conducted various work related seminars and training programs
IT Skills: Proficient with the use of MS office suite, Various Accounting software (Oracle Financials and others) and
the Internet applications.
PERSONAL DETAILS: Date of Birth: 25th
Nov 1965 ♦ Languages known: Arabic & English ♦ Nationality:
Egyptian ♦ Marital Status: Married ♦ Gender: Male ♦ Location Preference: UAE ♦ Driving License: Holding a valid
UAE driving license ♦ References: Will be furnished on request