Mustafe Mohamed Nour
Hargeisa
Summary
Highly motivated Deputy Chief Financial Officer highly effective at driving strategic initiatives with solid financial backing. Eager to leverage with nine years of experience in dynamic new role at Dahabshiil Money Transfer.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Deputy CFO
Dahabshiil Money Transfer
2023.02 - Current
- Oversaw budgets, payroll, and accounts payable and receivable.
- Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
- Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
- Implemented cost reduction initiatives and process improvements to optimize efficiency and productivity.
- Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
- Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
- Managed and led direct reports to handle controllership, treasury and corporate finance functions.
- Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
- Authored, evaluated and reviewed reports to highlight company financials to key stakeholders.
- Analyzed operational issues and implemented corrective action to maximize profits.
- Initiated back-and-forth communication to negotiate and approve contracts and agreements.
- Delivered forward-thinking and bold insights to enhance business assets and report financial metrics.
- Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
- Prepared year-end fixed asset schedule to create positive impact on shareholders, creditors and investors.
- Collaborated with legal, accounting and other professional teams to review and maintain compliance with regulations.
HQ Finance Manager
Dahabshiil Money Transfer
2022.08 - 2023.02
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Managed regular finance tracking for numerous branch offices and headquarters expenses.
- Collaborated with C-level executives and stakeholders to develop long-term financial plans.
- Conducted financial due diligence on potential investments and acquisitions.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Implemented and regularly reviewed financial controls to generate accurate and reliable financial data.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Supported financial director with special projects and additional job duties.
- Developed strategic plans for day-to-day financial operations.
- Reviewed documentation and identified financial discrepancies where applicable.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Processed invoices and contacted appropriate parties for timely payment receipt.
Internal Control Manager
Dahabshiil Money Transfer
2020.12 - 2022.08
- Assisted implementation of proper internal control functions by practicing internal control activities in a finance section.
- Assisted with progress reporting to management.
- Identified potential risks and developed effective preventive strategies.
- Assessed financial, accounting and budgetary systems.
- Created annual review plans in collaboration with management.
- Administered training to workers regarding internal control guidelines and standards.
- Established and tracked quality department goals and objectives.
- Scheduled and chaired quality review meetings to review effectiveness of performance mitigating risk.
- Personally conducted ongoing reviews of all operating procedures.
- Monitored proprietary systems and applications to prevent unauthorized access.
Budget & Expenditure Controller
Dahabshiil Money Transfer
2016.02 - 2020.12
- Reviewed and analyzed monthly budget variance and trends.
- Utilized project management skills to prioritize and implement system, tool, process and other initiatives.
- Established metrics and benchmarks to measure progress and success.
- Managed budgets, assets, portfolios, accounts payable, and receivable and general financial reporting procedures.
- Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
- Managed daily financial functions in collaboration with accounting and payroll personnel.
- Created and distributed reports on internal and external finances, audits, and budgets.
- Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
- Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
- Formulated strategic plans and supported tactical initiatives to execute cost-savings deliverables.
- Projected monthly cash expenditures through efficient budgeting and detailed document reviews.
- Managed outstanding balance amounts by evaluating reports and determining collection statuses.
- Worked with both internal and external users to create detailed financial reports.
- Identified opportunities to realign cost centers to budget.
- Worked with cost centers to identify opportunities for efficiencies.
- Prepared balance sheets, cash flow reports and income statements.
Budget & Expenditure Supervisor
Dahabshiil Money Transfer
2015.07 - 2016.02
- Reviewed monthly operations to assess compliance with budgets and determine necessary adjustments for future plans.
- Generated annual budget forecasting information for executive and corporate reports.
- Monitored and reported budgetary discrepancies to corporate senior management to maximize reporting efficiency and finalized spending plans.
- Identified and monitored budget expenses for accuracy and signs of fraud.
- Created and updated expenditure reports in [Software].
- Compiled statistical data after each month-end closing.
Assistant Financial Controller
Dahabshiil Money Transfer
2014.10 - 2015.07
- Closely worked with financial controller to assist day to day operations.
- Prepare finance meeting minutes with financial controller.
- Maintaining all documents related to finance issues.
- Closely worked with financial controller to assist day to day operations.
- Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
- Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
- Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
- Prepared balance sheets, cash flow reports and income statements.
- Accurately completed financial statement audits and thoroughly reviewed results.
- Prepared and filed tax returns and generated monthly reports in compliance with regulatory and organizational standards.
Accountant Officer
Dahabshiil Money Transfer
2014.07 - 2014.10
- Doing accountant role for recording day to day entries.
- Preparing and producing daily reports to management.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Prepared monthly journal entries and reconciliations.
- Expedited payroll and invoicing by streamlining billing systems.
- Completed biweekly payroll and maintained employee records.
- Oversaw accounting team in servicing diverse clients.
- Offered advice and direction to help clients better understand financial goals.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
Admin & Finance
SIDAM Collage
2010.01 - 2014.06
- Managed filing system, entered data and completed other clerical tasks.
- Managed phone and email correspondence and handled incoming and outgoing mail and faxes.
- Assisted coworkers and staff members with special tasks on daily basis.
- Managed paper and electronic filing systems by routing various documents, taking messages and managing incoming and outgoing mail.
- Built and maintained excellent customer relationships through timely response to inquiries and going above and beyond to accommodate unusual requests.
- Completed forms, reports, logs and records to quickly handle all documentation for human resources.
- Created and maintained detailed administrative processes and procedures to drive efficiency and accuracy.
- Continually sought methods for improving daily operations, communications with clients, recordkeeping and data entry for increased efficiency.
- Established administrative work procedures to track staff's daily tasks.
Education
MBA - Bossiness Administration
Admas University
Hargeisa09.2022
BBA - Accounting
Admas University
Hargeisa09.2009
High School Diploma -
Haji Adan Secondary School
Erigavo08.2006
Skills
- Leadership Skill
- Task Prioritization
- Active Listening
- Supervision and Leadership
- Calm Under Pressure
- Computer Skills
- Networking
- Analytical Thinking
- Organizational Skills
- Research
- Team Management
Certification
Performance Appraisal, Leadership and Management.
Performance Appraisal, Leadership and Management, Communication & Teamwork.
Somaliland Tax Laws and Regulations.
Anti-Money Laundering Training.
Business Communication English.
Procurement and Logistics Certificate.
Reading, Sport
In my spare time, I usually have a hobby to read and sometimes play sport.
Languages
Somali, English
Native language
Arabic
Beginner
A1
Timeline
Deputy CFO
Dahabshiil Money Transfer
2023.02 - Current
HQ Finance Manager
Dahabshiil Money Transfer
2022.08 - 2023.02
Internal Control Manager
Dahabshiil Money Transfer
2020.12 - 2022.08
Budget & Expenditure Controller
Dahabshiil Money Transfer
2016.02 - 2020.12
Budget & Expenditure Supervisor
Dahabshiil Money Transfer
2015.07 - 2016.02
Assistant Financial Controller
Dahabshiil Money Transfer
2014.10 - 2015.07
Accountant Officer
Dahabshiil Money Transfer
2014.07 - 2014.10
Admin & Finance
SIDAM Collage
2010.01 - 2014.06
MBA - Bossiness Administration
Admas University
BBA - Accounting
Admas University
High School Diploma -
Haji Adan Secondary School
Performance Appraisal, Leadership and Management.
Performance Appraisal, Leadership and Management, Communication & Teamwork.
Somaliland Tax Laws and Regulations.
Anti-Money Laundering Training.
Business Communication English.
Procurement and Logistics Certificate.
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