Finance Manager and Head of Accounting
Roma International Company for Trading and Contracting
Total years of experience :16 years, 4 Months
Report to the General Manager and Partners Financial Representative, in all financial matters related to the daily activities and progress at the sites. Additionally, assist the General Manager to establish the Policies and Procedures, ensure proper implementation, and report and compliance gap.
**The work and responsibilities carried out covers the following:
- Providing and interpreting financial information.
- Monitoring and interpreting cash flows and predicting future trends.
- Formulating strategic and long-term business plans related to the Projects.
- Developing financial management mechanisms that minimize financial risks.
- Conducting reviews and evaluations for cost-reduction opportunities.
- Managing a company's financial accounting, monitoring and reporting systems;
- Liaising with auditors to ensure that all auditors requirements are provided.
- Producing accurate and periodic financial reports to specific deadlines.
- Establishing, and monitoring budgets based on the actual performance and report the gaps in quarterly basis.
- Supervising the Accounting Team and ensure that all establish finance and accounting process are adequately applied and reflected in the financial results
- Keeping abreast of changes in financial regulations and legislation.
Reporting to the Internal Audit Manager, with access to the Senior Management for audit-related purposes. This position plans, designs and conducts reviews of organizational, functional and contractual activities to evaluate the effectiveness and efficiency of management controls, and to determine whether organizational units are performing their planning, accounting, custodial or control activities in compliance with management instructions, Company’s policies, internal procedures and governmental regulations and then making recommendations for improvement.
The work and responsibilities carried out covers the following:
- Serving as an internal consultant to Senior Management under the Internal Audit Manager, by reviewing their concerns and issues, and formulating recommendations for the resolution of the issues. Providing information, analysis, and reporting through Internal Audit Manager.
Continued / Work Experience
- Performing special projects and reviews, as assigned.
- Planning and conducting internal audits of various department functions including operational and financial audits. Conducting contract audits to determine compliance with contractual obligations.
- Conducting Audits over the regional operation (Kuwait, KSA, UAE, Bahrain, Qatar, Iraq, and Lebanon).
- Creating and developing audit programs; planning and executing audits in accordance with accepted Internal Auditing standards, and uses IAS, IFRS in developing and executing audit programs.
- Establishing, reviewing, and updating internal policies and procedures (SOP) to ensure they are written clearly, comprehensively, providing sufficient internal controls, and are in compliance with regulations and best practice.
- Monitoring the implementation procedures to correct potential or identified internal control problems or weaknesses which include providing technical advice and instruction and following up to assure the deficiencies have been addressed.
- Identifying key control points and weaknesses in the system or function being audited.
- Developing innovative and creative recommendations for correcting unsatisfactory conditions, improving operations, and reducing cost.
- Preparing written reports, expressing opinion on the adequacy, effectiveness and efficiency of the system or function under review, and presenting the findings to affected managers.
- Involved in coordinating and conducting exit audit conferences with Senior Management.
- Following up on audit recommendations to assure implementation of promised corrective action.
- Providing weekly progress reports and comparing audits performed to previously submitted and approved annual schedule.
- Coordinating, reviewing and directing the lower level staff working in the department.
-Preparing financial statements and issuing annual and quarterly reports for official use in accordance with International Financial Reporting Standards.
-Keep up to date with the any changes in IFRS and IAS that affecting our scope of work and implement them properly as required.
-Implementing and applying GT software applications.
-Obtaining and understanding the client’s activity and business cycles.
-Evaluating control environment and recommending improvements for any weakness areas of internal controls.
-Identifying and promoting opportunities for other services to clients.
-Providing special assignments for client’s upon request.
-Maintaining close relationships with clients within work field.
-Issuing periodically reports required by the authorities such as Zakat and National Labor Support Tax declarations, Central Bank of Kuwait Ratios report for the investment companies.
-Coordinate, review and direct the lower level staff working in the department.
- Ranked (33/1117) of all Accounting Graduates for the year 2007 Ministry of High Education’s Comprehensive Exam of Jordan. - Ranked (2/48) of all Accounting Graduates in the Hashemite University in the 2007 Ministry of High Education’s Comprehensive Exam.