Summary
Overview
Work History
Education
Skills
Languages:
Hobbies and Interests
Accomplishments
Reading, Football
Timeline
Generic
ISHAQ ALKHARUSI

ISHAQ ALKHARUSI

Muscat

Summary

Experienced and dynamic leader with a background in law and over 14 years of diverse experience in financial and administrative roles. Holds a Master's degree in Islamic Finance, a degree in International Business Administration, and IT, as well as a Diploma in Sharia. A versatile individual with multiple skills, actively seeking a creative and challenging work environment. Accomplished Development Manager with an innovative leadership style and a proven track record in implementing brand positioning strategies. Recognized for exceptional influencing abilities and effective communication skills.

Overview

14
14
years of professional experience

Work History

Business Development Manager (ICV)

General Secretary of Tender Board
06.2023 - Current
  • Established relationships with key decision-makers within customer's organization to promote growth in local content and retention of current local content.
  • Performed client research and identified opportunities for local content growth, penetration and market expansion.
  • Negotiated lucrative contracts with suppliers and vendors, securing favorable pricing and terms for supporting local content.
  • Increased client and supplier base by identifying new business opportunities and cultivating strong relationships with key decision makers.
  • Liaised with sales, marketing, and management teams to develop solutions and accomplish shared objectives of local content.
  • Established valuable partnerships with complementary businesses, creating mutually beneficial synergies that accelerated growth for all parties who support local contents.
  • Led cross-functional teams to successfully execute complex projects, ensuring local adding value.
  • Monitored market trends and competitor activities to identify areas of potential opportunity in country value.
  • Established initiatives to support local companies especially small and medium enterprises.
  • Established initiatives to create local content in government's projects through employing and training Omanis, and buy local products.
  • Implemented systems and procedures to increase local contents in government's projects.
  • Organized promotional events of local contents and interacted with stakeholders.
  • Compiled and analyzed data to determine approaches to improve in country value.
  • Implemented digital tracking tools to better track local content opportunities and stakeholder interactions
  • Participated in trade shows and conferences to network and generate leads.
  • Developed and maintained strategic partnerships to provide added value to government's projects.
  • Enhanced team productivity and efficiency through implementation of strategic project management tools and techniques.
  • Fostered culture of innovation, encouraging team members to propose new ideas for localizing products.
  • Conducted market analysis to identify trends and adjust business strategies accordingly.
  • Worked effectively in fast-paced environments.
  • Proven ability to learn quickly and adapt to new situations.
  • Excellent communication skills, both verbal and written.
  • Used critical thinking to break down problems, evaluate solutions and make decisions.
  • Strengthened communication skills through regular interactions with others.

Acting Finance Manager

General Secretary of Tender Board
06.2023 - 11.2023
  • Created organizational structures to improve accounting and finance functions.
  • Trained new and existing staff members in various financial procedures to prepare for job requirements.
  • Improved financial forecasting accuracy, utilizing advanced analytical models.
  • Developed comprehensive financial reports for executive decision-making support.
  • Collaborated with cross-functional teams for strategic business planning and growth initiatives.
  • Evaluated and negotiated contracts to procure favorable financial terms.
  • Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
  • Established and checked coding procedures, monitored reports and updated internal files.
  • Developed strategic plans for day-to-day financial operations.
  • Prepared annual budget of Tender Board.
  • Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
  • Complied with established internal controls and policies of Ministry of Finance.
  • Analyzed business processes to identify cost savings and operational efficiencies.
  • Executed vendor setup and payment, administration of bank accounts and account reconciliations.
  • Created financial dashboards to provide insights into key performance indicators.
  • Utilized financial software to prepare consolidated financial statements.
  • Enhanced budget management by implementing expense tracking and cost reduction strategies.
  • Collaborated with IT to develop secure, efficient electronic invoicing system, reducing processing times and errors.
  • Reviewed documentation and identified financial discrepancies where applicable.
  • Implemented cost-control measures that substantially decreased unnecessary expenditures.
  • Processed invoices and contacted appropriate parties for timely payment receipt.
  • Spearheaded annual budgeting process, ensuring alignment with strategic goals and facilitating smoother departmental operations.
  • Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
  • Optimized cash flow with diligent monitoring of accounts.
  • Mentored junior finance staff, fostering professional development and strong team dynamics.
  • Increased financial efficiency by streamlining and automating financial reporting processes.
  • Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
  • Negotiated favorable terms with vendors, resulting in significant cost savings for the Tender Board.
  • Conducted comprehensive risk assessments to safeguard assets and ensure regulatory compliance.
  • Demonstrated respect, friendliness and willingness to help wherever needed.
  • Assisted with day-to-day operations, working efficiently and productively with all team members.
  • Managed time efficiently in order to complete all tasks within deadlines.
  • Organized and detail-oriented with a strong work ethic.
  • Developed and maintained courteous and effective working relationships.

Head of Accounts and Budget

Tender Board
08.2022 - 06.2023
  • Assisted with day-to-day operations, working efficiently and productively with all team members.
  • Developed and maintained courteous and effective working relationships.
  • Preparing annual Tender Board Budget
  • Manage Expenditures and revenue
  • Handled multiple payment methods securely, minimizing discrepancies and potential losses.
  • Handled cash with high accuracy and took care to check bills for fraud.

Head of Budget and Expenses

Tender Board
07.2021 - 08.2022
  • Created organizational structures to improve accounting and finance functions.
  • Trained new and existing staff members in various financial procedures to prepare for job requirements.
  • Improved financial forecasting accuracy, utilizing advanced analytical models.
  • Developed comprehensive financial reports for executive decision-making support.
  • Collaborated with cross-functional teams for strategic business planning and growth initiatives.
  • Evaluated and negotiated contracts to procure favorable financial terms.
  • Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
  • Established and checked coding procedures, monitored reports and updated internal files.
  • Developed strategic plans for day-to-day financial operations.
  • Prepared annual budget of Tender Board.
  • Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
  • Complied with established internal controls and policies of Ministry of Finance.
  • Analyzed business processes to identify cost savings and operational efficiencies.
  • Executed vendor setup and payment, administration of bank accounts and account reconciliations.
  • Created financial dashboards to provide insights into key performance indicators.
  • Utilized financial software to prepare consolidated financial statements.
  • Enhanced budget management by implementing expense tracking and cost reduction strategies.
  • Collaborated with IT to develop secure, efficient electronic invoicing system, reducing processing times and errors.
  • Reviewed documentation and identified financial discrepancies where applicable.
  • Implemented cost-control measures that substantially decreased unnecessary expenditures.
  • Processed invoices and contacted appropriate parties for timely payment receipt.
  • Spearheaded annual budgeting process, ensuring alignment with strategic goals and facilitating smoother departmental operations.
  • Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
  • Optimized cash flow with diligent monitoring of accounts.
  • Mentored junior finance staff, fostering professional development and strong team dynamics.
  • Increased financial efficiency by streamlining and automating financial reporting processes.
  • Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
  • Negotiated favorable terms with vendors, resulting in significant cost savings for the Tender Board.
  • Conducted comprehensive risk assessments to safeguard assets and ensure regulatory compliance.
  • Demonstrated respect, friendliness and willingness to help wherever needed.
  • Assisted with day-to-day operations, working efficiently and productively with all team members.
  • Managed time efficiently in order to complete all tasks within deadlines.
  • Organized and detail-oriented with a strong work ethic.
  • Developed and maintained courteous and effective working relationships.
  • Worked well in a team setting, providing support and guidance.
  • Paid attention to detail while completing assignments.

Acting Head of Benefits

Tender Board
01.2020 - 07.2021
  • Prepare payrolls of Tender Board employees
  • Finalize the resignation procedures.
  • Make compensations regarding leaves and allawnaces.
  • Learned and adapted quickly to new technology and software applications.
  • Strengthened communication skills through regular interactions with others.


Acting Head of Budget and Expenses

Tender Board
03.2018 - 12.2018

As descriped above

Acting Head of Treasury Department

Tender Board, Oman
05.2016 - 03.2018
  • Prepared and presented financial reports to inform senior management and board of directors.
  • Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
  • Reconciled monthly statements, invoices and expense accounts, keeping records accurate, and current.
  • Worked closely with auditors to ensure compliance with regulatory requirements, avoiding potential fines or penalties.
  • Followed up with delinquent accounts to obtain funds and reduce aging balances.
  • Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing.
  • Managing petty cash in treasury.
  • Managed outstanding balance amounts by evaluating reports and determining collection statuses.
  • Advised management regarding significant expenditures to keep operations in line with budget limitations.
  • Projected monthly cash expenditures through efficient budgeting and detailed document reviews.
  • Implemented treasury best practices, ensuring alignment with regulations issued by Ministry of Finance.

Acting Head of Statistic Department

Tender Board, Oman
11.2015 - 05.2016
  • Learned and adapted quickly to new technology and software applications.
  • Used critical thinking to break down problems, evaluate solutions and make decisions.
  • Prepare Statistical Report about Tender Board process results.
  • Prepare customized report to requested department and the board members.
  • Updating statistical data regularly.
  • Worked effectively in fast-paced environments.

Coordination and Follow up Specialist

Tender Board, Oman
10.2010 - 11.2015
  • Improved clients satisfaction by promptly addressing and resolving follow-up inquiries.
  • Maintained accurate records of government's projects.
  • Entered client details and notes into system for interdepartmental access and review.
  • Contacted board member about meeting agenda.
  • Developed and documented collection procedures and policies to comply with government regulations.
  • Optimized workflow processes, reallocating resources based on case volume and complexity to ensure timely followups.
  • Excellent communication skills, both verbal and written.

Education

Diploma - Islamic Sciences

College of Shari'a Sciences, Oman
Muscat, Oman
01.2017

Master Sc. - Islamic Finance

Durham University
01.2015

Bachelor - International Business and Information Technology

College of Applied Sciences, Oman
01.2010

Skills

  • Microsoft programs (Word, Excel, PowerPoint)
  • Law Reading
  • Leadership
  • Planning (Strategic, Operational & individual)
  • Problem-solving
  • Presentation & meeting
  • Business development and planning
  • Decision-making
  • Client relationship building
  • Strategic planning
  • Relationship building and management
  • New business development
  • Goals and performance
  • Verbal and written communication
  • Process improvement
  • Strategic business planning
  • Staff management
  • Research
  • Goal setting and achievement
  • Performance metrics
  • Analytics
  • Market and competitive analysis
  • Law reader

Languages:

Arabic (Mother Tongue)
English

Hobbies and Interests

Reading, Playing Football, Cooking, Learning New Things, Teaching

Accomplishments

Excellent Employee in 2023 in Tender Board

Reading, Football

Reading in several subjects

Football teaching resilience 

Timeline

Business Development Manager (ICV)

General Secretary of Tender Board
06.2023 - Current

Acting Finance Manager

General Secretary of Tender Board
06.2023 - 11.2023

Head of Accounts and Budget

Tender Board
08.2022 - 06.2023

Head of Budget and Expenses

Tender Board
07.2021 - 08.2022

Acting Head of Benefits

Tender Board
01.2020 - 07.2021

Acting Head of Budget and Expenses

Tender Board
03.2018 - 12.2018

Acting Head of Treasury Department

Tender Board, Oman
05.2016 - 03.2018

Acting Head of Statistic Department

Tender Board, Oman
11.2015 - 05.2016

Coordination and Follow up Specialist

Tender Board, Oman
10.2010 - 11.2015

Master Sc. - Islamic Finance

Durham University

Bachelor - International Business and Information Technology

College of Applied Sciences, Oman

Diploma - Islamic Sciences

College of Shari'a Sciences, Oman
ISHAQ ALKHARUSI