Nagm Eldin Hassan
Published on: Mar 3, 2016
Transcripts - Nagm Eldin Hassan
NagmEldin HassanGubara CFO
Financial management professional, worked over 30 years in financial positions,
playing key role in preparing senior management strategic plans, providing financial
analysis and leadership. Implemented balanced and sound strategies while ensuring
fiscal stability, I’m looking for vacant position in the sectors of accounts-auditing-
Financial Management and Financial Statements Interpretation and analysis or related
fields, In private sector Industrial, Trading, Export, Auditing Public Sector, NGOs,
International organizations, Plus export of agricultural products or documentary credits
1. Bachelor degree Business Studies 1981
2. Master of Science in Accounting 1996
The Intergovernmental Authority on Development (IGAD) Oct.2015- Present
Accounting & Finance Officer
Preparing annual work plans and budgets.
Preparing financial management manuals.
Developing the accounting system.
Supervising the internal control procedures.
Training the staff of finance departments in different projects. .
Preparing Withdrawal Applications and follow up the proceeds.
Supervise entire financial activities at all projects.
Supervise closing the accounts of projects, on quarterly and yearly basis.
Reporting to Fund Management Unit Coordinator, IGAD Financial & Admin Director.
Dealing with the External Auditors.
NILE WATERSHED MANAGEMENT PROJECT April 2012- Sep.2015
Senior Financial Management Specialist
Developing & implementing financial management system that matches with the World
Bank Financial Reporting System.
Maintaining proper accounting records and internal control systems.
Preparing monthly and quarterly reports.
Supervising the work of finance officers at LIUs.
Capacity building of the financial management staff.
Participating in preparing the master budget of the project.
Preparing Withdrawal Applications and following up the proceeds.
Facilitating the visits of project monitoring teams and external auditors.
Reporting to National Steering Committee, National Coordinator, World Bank and
Improving livestock Production & Marketing Project March 2009 - April 2012
Chief Finance & Administrative Officer
Budgetary planning & Controlling.
Supervise accounting entries at Headquarters.
Supervise entire financial activities at all units of the project.
Supervise closing the accounts of project, on quarterly and yearly basis.
Preparing withdrawal applications to World Bank.
Reporting to World Bank, Sudanese Ministry of Finance & Ministry of Animal
Resources on quarterly basis.
Reporting to National Coordinator. Dealing with the External Auditors.
Dealing with Monitoring Agent of Multi Donors.
Training the staff of Finance Dept. Personnel Affairs
Leader Industrial Group June 2007 - March 2009
Chief Finance Officer
Managed the finance & accounts department of the company assuring on time & accurate
maintenance of books of accounts, finalization of accounts and preparation
of financial statements.
Supervised all accounting activities ensuring accounting & reporting compliant with the
Looked after all financial aspects of projects including estimating material costs &
monitoring market fluctuations against standard costs, monthly budgeting of cash flows
and optimum utilization of resources
Monitored all projects under execution and highlighted areas of concern through monthly
variance reports on time, cost, cash flows and material consumption
Prepared monthly reports project wise and consolidated covering financial performance,
cash flows and budgetary compliance
Developed and implemented policies for procurement, inventory control and contract
administration to achieve breakeven and minimum profitability objectives
Implemented processes for efficient management of accounts receivables and accounts
payables assuring verification & payment of suppliers’ bills and invoicing and collection
of payments from customers on time.
Contributed to the development of policies covering human resource management,
costing & budgeting and production scheduling.
Co-ordinate with Oracle Financial Implementation Consultants for the successful
implementation of Oracle E-Suite in the Organization
Drafted and Implemented Financial Operations policies and procedures
A’saffa Poultry Company March 2006 - Nov.2006
Contributed to the revision of company strategic vision and Direction.
Provided valuable input in setting company policies and procedures guided by strategy
Formulated Budgeting guidelines and liaised with Chief Operating officer to deliver
budgets according to set datelines.
Pivotal role in budget meetings with Department Managers to discuss proposals,
budget assumptions, clarifications or queries to ensure a sound budget is submitted
in line with company strategy.
Presented Budgets to Executive managers and shareholders.
Delivered finance, cost control and monthly reports to project management team (PMT).
Supervised and controlled the preparation of financial performance indicators and
operational statistics for management ensuring the efficient and correct collation and
transcribing of data to enable efficient and effective decision making.
Provided leadership, supervision & mentoring to a team of senior and junior staff
Prepared cash calls from partners and liaised with treasury on cash management
Ensured proper implementation of EPC contracts with regard to invoicing and payment.
Excellent communication with management, contractors and venture management
Monitoring of joint bank account of AAAID and A’saffa Co.
Monitoring raw materials consumption and stocks.
Costing of feed for market and for internal use.
Procurement and purchases planning.
Monitoring of commercial sales and debtors for feed sales - etc.
Public Accountant Firm May.2006 - Sep 2006
• Auditing clients' accounts
• Installing accounting systems
• Taxation affairs
El- Nilein Group – Sabehat Transportation Co. May2004 - Sept.2004
Internal Audit Manager
Lane's financial, regulatory, compliance or operational reviews/audits.
Coordinates work with Risk, Legal & Compliance and other control-related activities and
with others within Internal Audit.
Conducts risk assessments and identifies controls in place to mitigate identified risks.
Performs audit procedures to verify that controls are operating through testing and
Analyses and concludes on effectiveness and efficiency of control environment.
Identifies control gaps and opportunities for improvement.
Documents the results of audit work in accordance with audit department and the
Institute of Internal Auditors (IIA) standards.
Prepares timely audit reports for executive management, the Audit Committee and the
Board of Directors.
Acts as primary client liaison within Internal Audit for one or more VPs / division heads.
Assess, evaluate and promote compliance to internal ING Direct policies.
Contributes, as appropriate, in the year-end financial audit with the external auditor.
Provides advice on internal control and participates in enhancing internal audit standards
and practices within ING Direct.
Researches new or technical subjects when required to support audits (e.g., OSFI
Guidelines, market risk, financial instruments, etc.)
Provide feedback on performance of Internal Auditors, on audit assignments, as
El – Nilen Group – IDCO Automotive Co. May.2003 - May.2004
Finance & Administrative Director
Management of all administrative functions within the company, this includes managing
the HR, Administration and Accounting teams
Budget preparation, generation of all management accounts and periodic financial reports
Management of company cash flow, and financial relationships with banks, suppliers and
Management of the credit approval and control process for customers.
Management of all treasury functions within the company
Provide supervision and guidance to all branch accounting and administration teams
Manage all L/C transactions
Management of all legal and official issues related to government bodies, free zone
authorities, shareholders affairs, and new branch formation process
Management of all accounting and book keeping functions including working with the
El – Nilen Group – Al oswa For Exports Co. Oct.1996 - Aug.2002
Vice President & Finance & Export Manager
Assist in formulating the company's future direction and supporting tactical initiatives.
Monitor and direct the implementation of strategic business plans.
Develop financial and tax strategies.
Manage the capital request and budgeting processes.
Develop performance measures that support the company's strategic direction.
Participate in key decisions as a member of the executive management team.
Maintain in-depth relations with all members of the management team.
Manage the accounting, human resources, investor relations, legal, tax, and treasury
Oversee the financial operations of subsidiary companies and foreign operations.
Manage any third parties to which functions have been outsourced.
Oversee the company's transaction processing systems.
Implement operational best practices.
Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective
Supervise acquisition due diligence and negotiate acquisitions
Understand and mitigate key elements of the company's risk profile.
Monitor all open legal issues involving the company, and legal issues affecting the
Construct and monitor reliable control systems.
Maintain appropriate insurance coverage.
Ensure that the company complies with all legal and regulatory requirements.
Ensure that record keeping meets the requirements of auditors and government agencies
Report risk issues to the audit committee of the board of directors.
Maintain relations with external auditors and investigate their findings and
Monitor cash balances and cash forecasts.
Arrange for debt and equity financing.
Invest pension funds.
Sudan Oil Seeds Co.LT April 1986 - Oct.1996
Handle full spectrum of financial and cost accounting role e.g. AR, AP, GL, forecasting,
Responsible for day to day finance and accounts operations
Perform full set of accounts and ensure timely closing of accounts.
Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
Responsible for timely monthly consolidated financial statements, payments, cash-flow
management reporting for submission to HQ in France.
Review & approve payment vouchers & journal entries
Perform cash flow forecasting, budgeting and working closely with the operations and
project teams in analyzing margins, variances and cost analysis.
Issue project cost reports for review and approval.
Develop and maintain internal control and effective accounting system and policies for
the set up.
Support CFO in ensuring that intercompany cost allocations are in line with management
agreements and transfer pricing policy
Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-
Work consultatively with the respective departments on cost reduction initiatives
Quraani Legal Accountant Jan.1985 - Feb.1986
Ensures compliance with established internal control procedures by examining records,
reports, operating practices, and documentation.
Verifies assets and liabilities by comparing items to documentation.
Completes audit work papers by documenting audit tests and findings.
Appraises adequacy of internal control systems by completing audit questionnaires.
Maintains internal control systems by updating audit programs and questionnaires;
recommending new policies and procedures.
Communicates audit findings by preparing a final report; discussing findings with
Complies with federal, state, and local security legal requirements by studying existing
and new security legislation; enforcing adherence to requirements; advising management
on needed actions.
Prepares special audit and control reports by collecting, analyzing, and summarizing
operating information and trends.
Maintains professional and technical knowledge by attending educational workshops;
reviewing professional publications; establishing personal networks; participating in
Contributes to team effort by accomplishing related results as needed
Sudan Auditor General Chamber Sept.1981 - Dec.1984
Assistant Audit Inspector
collating, checking and analysing spread sheet data
examining company accounts and financial control systems
gauging levels of financial risk within organizations
checking that financial reports and records are accurate and reliable
ensuring that assets are safeguarded
identifying if and where processes are not working as they should and advising on
changes to be made
preparing reports, commentaries and financial statements
liaising with managerial staff and presenting findings and recommendations
Ensuring procedures, policies, legislation and regulations are correctly followed and
complied with undertaking reviews of wages
Language: Arabic, English, French
Date of birthday: 16/9/1957