Jalal Binshe

Opontia is a digital consumer goods group growing by acquiring successful e-commerce brands.

• Report to CFO/CEO, oversee 7-member team in FP&A, accounting, and treasury.
• Collaborate with merchandising to optimize gross margins, reduce stock-outs, and extend payment terms.
• Partner with the commercial team to implement dynamic pricing and add to product profitability
• Led the post-acquisition integration of two companies, driving business improvement initiates with the commercial and operations team
• Built from scratch the inventory process, system and policies from procurement to payment
• Implemented a sophisticated inventory software solution across 4 countries within 3 months
• Lead monthly, quarterly and annual cash flow forecasting across all the organization
• Own stock rolling forecast model
• Own and lead month-end closing and reporting process and manage to reduce the time line by 2 days
• Overhauled audit process post-failure, completing first audit (12 entities 4 countries) in 4 month
• Lead ongoing implementation of Netsuite ERP integrating it with Opontia ecosystem
• Innovated and implemented advanced cost allocation and product pricing strategies through Google Data Studio and Tableau
• Spearheading a restructuring of accounting processes and financial reporting in Turkey
• Guided team growth and implemented impactful training.

Al Douri Group is a leading Middle Easter foods F&B retailer, distributor and wholesaler in UAE

• Reported to GCC General Manager and managed 2 accountants
• Report financial position and outlook to the board of directors and work to identify areas of improvement in the business
• Partner with the engineering team on the on going Actual cost Allocation
• Partner with the Commercial team on the New Project revenue and cost estimation
• Upgrade existing and establish new financial policies and procedures in areas of Bank Reconciliation, profitability report Project wise
• Led the introduction of the new UAE VAT framework. Established VAT reports and processes
• Developing project-specific dashboards to dynamically display completed tasks, outstanding objectives, and provide numerical performance reports for ongoing projects.
• Overhauled audit process post-failure, completing the audit each year for 4 years
• Own and lead the Month-end closing and Financial reporting process

Energy Containment concept Building Mobile shooting ranges

• Managing a team of 5 operation members
• Conducted comprehensive budgeting and forecasting, identifying savings of $10M over 3 years.
• Streamlined financial reporting processes, reducing monthly close time by 5 days.
• Collaborated with cross-functional teams to optimize spending, achieving a 15% reduction in operational costs.
• Proficient in aligning financial and operational strategies with the unique demands of the defense and forensic science sectors.
• Developed financial strategies for ECC that supported the launch of three new mobile shooting range models Customer :(Abu Dabi Army force) and two advanced forensic Customer : (Dubai Police headquarter ), resulting in a 20% market share increase
• Built and maintained strong relationships with key defense contractors and forensic science experts, enhancing ECC's reputation as a leader in these sectors and improving strategic partnerships by 50%.

Al Douri Group is a leading Middle Easter foods F&B retailer, distributor and wholesaler in UAE

I was hired to revamp the finance department, implement an ERP and introduce KPIs and Internal controls

• Reported to CEO and managed a team of 3 accountants
• Evaluated several ERPs through a tender and selected Dynamic GP ERP for implementation
• Created a trial balance from scratch for the new ERP and integrated with a new POS system
• Collaborate with merchandising to optimize gross margins, reduce stock-outs, and extend payment terms
• Responsible for overseeing annual budgets and financial planning
• Introduced new internal controls in cash collection & POS, inventory management and procurement
• Created new accounting policies such as monthly AR & AP recon, bank recon and Inventory Valuation and COGS Calculation

Tiger Properties is one of the largest property developers and managed properties operator in UAE

• Reported to CFO and managed a team of 6 accountants
• Partner with the commercial team to oversee budgeting and financial planning for the group
• Revamped (with CFO) to build new individual and department KPI based on budget
• Presented monthly, quarterly and annual financial and KPI results to senior management
• Built a new revenue model for managed properties leading to have mor visibility on the revenue contribution for each properties
• completing the auditing each year with Talal abu Gazala(Auditor)

PEPSI manufacturing Soft drinks based in Syria and serving Levant region

• Reported to the Group Financial Controller managed a team of 2 accountants
• Owned all financial reporting and managed finance operations from bank recons to AR & AP Reconciliation
• Managed all payments and treasury transactions and review General Ledger Accounts
• Maintain the monthly Inventory Value report for Finished goods and Raw material
• Creating new process of wastage reporting to insure efficient usage of the Raw material during the Production process leading on saving one the Raw material consumption
• Participating in the month end closing activities
• Automation of the Financial reports by using Excel template and connect it to the accountant software leading to reduce the Deadline for issuing the Monthly Finance reports