Noufal Thaha

Dedicated Accounting Manager with over 17 years of progressive experience in financial management and reporting. Proficient in budgeting, forecasting, and preparing comprehensive financial statements that enhance corporate decision-making. Successfully restored financial strength by negotiating contracts and restructuring liabilities, contributing to significant cost reductions.

Committed to leveraging analytical skills and strategic insights to drive financial performance and efficiency for any organization.

Accounting Manager at Khalid Shareef Al Emadi Company (2015-10 – Present)

Founded in 2007, a fast-growing family owned real estate development firm having investment in diversified private equities across Qatar, other GCC, Europe and US stock markets

• Compiled and prepared monthly and yearly financial statements, providing a comprehensive summary of the company's financial status and position.
• Formulated and executed budgeting and forecasting strategies aligned with the company's accounting and financial objectives; scheduled expenditures, analyzed variances, and initiated corrective actions.
• Engaged with banks, brokers, and financial institutions to foster strong relationships and facilitate smoother processes.
• Developed and codified accounting policies to ensure financial security by establishing robust internal controls.
• Mitigated legal risks by comprehensively understanding current and proposed regulations, and recommending essential procedural changes.
• Coordinated with external auditors to ensure timely and accurate audit completion.
• Compiled daily reports, weekly summary reports, and monthly status reports for management review.
• Evaluated the financial positions of associated and subsidiary companies to inform strategic decisions.
• Monitored cash flows and expenditures to safeguard the company's liquidity.
• Designed project cost tracking sheets to provide clarity on project statuses.
• Conducted assessments and evaluations for implementing cost-reduction techniques.
• Spearheaded research initiatives in developing competitive pricing strategies.
• Revitalized the financial strength of the company by negotiating contracts, reviewing overdue accounts, and restructuring liabilities.
• Collaborated with operations and HR departments to support business initiatives and enhance financial outcomes.

Chief Accountant at Sky Eye Group (2009-08 – 2015-09)

Established in 2008, the company is involved in supplying steel bars, plywood and building materials, steel cut & bend services and transportation service to construction projects including various high & low-rise housing community development projects in Qatar

• Generated timely financial and factory cost reports for management review.
• Coordinated with production departments on system issues, maintenance, and development, including production, purchasing, shipping, and waste management.
• Analyzed cost accounting data and assisted with physical inventory cycle counts.
• Developed departmental budgets aimed at cost reduction and enhanced efficiency.
• Monitored revenue and expenditures; coordinated debt collection efforts, evaluated financial data, and prepared special financial reports.
• Secured letters of credit and other banking facilities while ensuring timely repayments.
• Engineered and implemented a fixed asset tracking system to improve asset management.
• Liaised with banks, vendors, auditors, and other financial institutions to facilitate operations.
• Coordinated with internal and external auditors for comprehensive audit completion.
• Administered adequate insurance coverage, managed claims, and oversaw renewals for plant, machinery, and motor vehicles.

Account/Admin Assistant at Rexin Traders (2005-03 – 2006-05)

• Managed day-to-day transactions of the firm, including payroll processing and accounts receivables and payables.
• Executed bank reconciliations and prepared cash reports with precision.
• Engaged with clients and suppliers to ensure smooth reconciliation processes.
• Submitted timely financial reports to the Manager/Proprietor for informed decision-making.

MBA in Finance – Bharathiar University (2008)

Bachelor of Commerce – Calicut University (2005)