Hussein  F.  Chaaban
 
  P.O.Box 118925, Jeddah 21312, Saudi Arabia ,Tel: 966 50 469 1035 ,
Email :  hchaaban@live.com
 
Profile: Married  Nationality: U.S.A. American  (Lebanese)
Current Location: Saudi Arabia
                     
  Chief Financial Officer ( CFO )  
                     
     
    Strategic Financial Planning  "  Financial Reporting & Budgeting  "  CEO  Management Consult .  
     
    As an ideal Financial Leader , distiguished and driven toward the "construction accounting projects" profit approach  
    through proper applications, system , and control . Possess a highly Financial qualification and good operational  
    experience , coming from construction , industry and strong confident personality with good communication and  
    interpersonal skills .  
    I am a  CIA , with Master of Accounting , introducing my advanced education and long-life leader experience as a   
    Chief Financial Officer ( CFO ) including financial reporting , financial planning , project cost accounting , banking ,  
    and Risk management . Computer skills, Advanced Word, Excel, Powerpoint .  
     
  WORK EXPERIENCE :                
     
  Apr 1996 - Jun 2007 Saudi Services Co Jeddah, Saudi Arabia  
    Financial Controller  
     
    Controls all company Financial operational activities covering the application, procedures and control analysis .
    Direct and oversee the accounting , reporting , and the forms budgeting ensuring the proper direction of entries .
    Develop and prescribe accounting policies and practices , which conform with Accounting Standards .
    Execute and ensure the proper controls of fixed assets, inventory stock, cash management, and all related
    operational financial activities which are deemed necessary to the proper goal of the company's profit .
    Introduce various presentations to top management and employees to abreast them toward the proper routs of profit .
    Controls all company project accounting and billings with full analysis to the budgeted and variances .
    Computer skills, Advanced Word,  Excel, Powerpoint .
   
    Key Achievements :
    > Create a more response toward the full productvity by increasing the number pf projects obtained .  
    > Initiating the "material cost control system" through bringing MAXIMO American Application to the company,  
       which developed  the entire region at the Gulf .  
    > Introduce the "Accounting Glossary" to all project's employees to fully identify the expence codes for direction .  
    > Innovate and develop the "Accounting Structure" to become the back-bone of the company resulted in getting  
       additional in-six-figures construction projects . i.e. electronic budgeted, actual, reporting, cash & risk management .  
     
     
  Feb 1980 - Mar 1992
Al Baida Trading & Construction Co
Kuwait,  State of Kuwait
    Financial Manager  
     
    Administer and execute all financial activities including banking, receivables, payables, income and revenue,
      and all other activities such as bank facilities and all financial billings .
    Prepare all project budget and regular monthly trail balance, including the analysis application and variances .
    Prepare and submit the "Financial Reporting" to the CEO with recommendation toward the productivity's profit .
    Develop regularly all financial application, system, and control, of all activities and the employees training to meet
       the management objectives toward the budgeted profit .
    Innovate and initiate new productivity fields such as : getting Monroe Corporation Agency, Fashion Textile Factory,
       Construction Own New Building, continuous getting new construction projects, 
   
    Key Achievements :
    > Initing "Computer Accounting System" by converting from manual entries to a full computerized accounting system .  
    > Preparation of  "Financial Manual" covering all financial activities and identification of each code's description .
    > Publish a book entitled : "CONSTRUCTION ACCOUNTING", Applications, Systems, & Control, " 400 pp.English .
    > Develop the company structure to meet the International Standards reaching value projects from 1M to 20M projects .  
     
  Jun 1974 - Aug 1980 Consolidated Contractors Co. ( CONCO )  
    Financial Manager Muscat - Sultanate of Oman
     
    Lead the Finacial Department of Project Costing System initiating new facilities from employees, policies & machines .  
    Develop and execute the Financial activities by initiating new Company Organizational Chart  covering all departments .  
    Develop and execute a new Inventory Stock System from scratch to meet the International Material Control System ,
    which brought attention to the Head Office at Athens, Greece, to initiate the adoption of  control system in all region .
    Continuous development resulted in getting more construction projects i.e. apartments, roads, and airports .
     
    Key Achievements :  
    > Developed and introduced New Accounting System toward the productivity's profit .  
    > Created a more responsive market-driven organization resulting in increased more getting construction projects .  
    > Increased annual company revenue by 400 % by getting a larger projects from normal .  
    > Effectively led international project teams to proven results across multiple lines of business through my advanced  
         education and submittal of analytical presentations performance .  
     
     
    EDUCATION  AND  CREDENTIALS   
     
    Master of Accounting ( M.Acc ) , Florida State University FSU, Florida, U.S.A.  June 1971  
     
    Bachelor of Accounting ( B.Acc ) , Cairo University , Egypt , July  1968  
     
     
    Professional Associations   
     
    Certified Internal Auditor  ( CIA ) , The American Institute of Internal Auditors -  1973  
     
    Publication : "CONSTRUCTION ACCOUNTING", Applications, System, & Control - 400 pp  1985 English .