Finance manager
El-Sewedy industries Group
Total years of experience :18 years, 3 Months
SOLB STEEL is considered as one of the major materials for Infrastructural development in any country. Considering the currently ongoing construction boom in the Kingdom of Saudi Arabia in general, and in the southern region in particular, the Pan-Kingdom Investment Company have taken a decision to establish a regional center for production of steel & allied products in the up-coming Jazan Economic City in southern province of Jazan.
Company Size Website
1000-1200 employees http://www.solbsteel.com
Achievements:
- Project leader of implement Sales & Procurement & HR policies.
- Project leader of recording data on SAP to be updated on the 2nd day of the next month full, true and on time.
- Control all financial issues in the company and create check list for each area.
- Great support for decision making. (CEO, CFO & Plant Manager)
- Create Chart of Accounts, the Chart of Cost Centers and the Chart of item coding,
- Build the financial outlooks and financial forecasts “Budgets”.
- Build the financial reports in daily, weekly and monthly basis ( Aging, Collection, Costing and financial analysis)
Job Description:
- Prepare all Financial Statements (B/S, I/S, C/F, COGS) with deep analysis needed.
- Manage the Accounting department Sections( Treasury- AR - AR - Costing & Inventory Control - Reporting )
- Submit the Consolidated F/S of 4 Companies and present it.
- Provide all information needed for the visibility studies for new Projects, or Bank Loans
- Review Price list of goods and update it with Sales Director and CFO.
- Manage the preparation of financial forecasts “Budgets”.
- Representative and Focal point between the company and Governmental offices (ZAKAT & Tax’s, SIDF)
- Supervise submission the audit requirements for the Auditors ( External Audit “ EY, Baker Tilly and BDO ”
Company is specialized in manufacturing both Glass wool and Rock wool which are widely used in different insulation applications, and with great emphasis, directed towards the STM Technology applied on different production. The Company’s total annual production capacity amounts is 30, 000MT of Rock wool and 20, 000MT of Glass wool, Glass wool and Rock wool products, manufactured with high-quality materials, are being used in various industrial sectors among which, construction, marine and automotive industries as well as in the agricultural sector where they are utilized as fertilizers and pests’/insects’ killers.
Company Size Website
100-200 employees http://www.GlassRock.com.eg
Achievements:
- Create Chart of Accounts, the Chart of Cost Centers and the Chart of item coding,
- Implement documentation cycle for inventories, Procurement, Sales & Distribution
- Build data base of Process Product cost (BOM & Routing).
- Get 100 % in scoring points of QALAA HOLDINGS Reporting Calendar time.
- Improve the productivity and the production costs and financial analysis using the detailed analysis reports.
Job Description:
- Prepare all of F/S, Budget, and COGS with deep analysis needed.
- Prepare all aging reports for Inventory, AP & AR
- Prepare Financial Statement Draft for KPMG for quarterly and annual audits with all analysis needed.
- Review Price list of goods and update it with sales team and CFO.
The organization is the biggest worldwide Designer & manufacturer of High quality chandeliers crystal parts (Trimmings), Crystal Fashion components (used as decorative components in jewelry & fashion industries), lighting Collection (Chandeliers, Wall Brackets, Table lamps, Floor Lamps, Lanterns and spotlights with crystal ornaments ) Also special designed chandeliers of various sizes and models, Crystal figurines and 3d laser Gifts, Imitated jewelry & all its machinery & equipment required for the production line. Its manpower reaches 32000 employee, More than 95% of its sales were export to the whole world. Its competitive advantage the cost leadership of worldwide.
Company Size Website
10000-32000 employees http:// www.AsfourCrystal.com
Achievements:
- Build strong financial and costing reporting system, weekly & monthly basis.
- Create Chart of Cost Centers for the whole company. ( 2000 Cost Center) with Sectors Directors
- Implements Costing Reports on Excel and Present Power point Report during BOD & EX-Com meetings.
- Increase on the financial issues and financial analysis awareness among the SBU managers.
Job Description:
- Manage the preparation of financial outlooks and financial forecasts “Budgets”,
- Control of all Expenses that accrued in all departments of SBU.
- Help decision maker in Cost Reduction object, via financial analysis reports.
- Issues financial statements (B/S, income statement).
- Prepare Costing reports.
- Prepare Variance analysis reports of consumption (DM, DL, Depreciation, OH, Utilities).
- Review inventory transactions and stock evaluation and make analysis for all inventories values & quantities to Monthly financial Closing needs and external auditor.
- Allocate Service centers costs to production centers.
- Calculate cost of finished good items &COGS, to financial analysis of P&L.
Accounting