Financial Controller
SKY Group
Total years of experience :24 years, 0 Months
• Providing annual & quarterly audited financial statements for the group
• Evaluate authority matrix and accounting manual
• Develop and adhere to policies and procedures
• Control expenditures in accordance with authority matrix & budget
• Improving efficiencies and reducing costs across the business
• Review Gross Margin Analysis & monthly reports for Inventory, AP & AR
• Monitor inventory position and stock control process
• Work closely with the Managing Directors & Other Functions
• Coordinate the Group budgeting process and prepare the annual consolidated budget
• Review and present monthly performance reports for the Group
• Provide Financial Regulatory Authority monthly & quarterly reports
• Establishing functional objectives in line with organizational objectives
• Manage & supervise finance personnel and determine finance KPIs
• Liase with external auditors
Position: Financial Manager Duration: Jan 20- Mar 20
• Produce Financial Statements for Egypt & Saudi Arabia
• Remotely control of business via Set workflow for electronic approvals
• Managing Budget, Forecast & establish Target
• Review monthly Management Reports
• Evaluate and decide on investments activities
• Forecasting of medium and long- term funding
• Credit approvals & collection procedures control
• Daily cash management/Maintain correct estimate of cash balances
• Cost control for production via compare actual cost & standard cost
• Monitor inventory position and stock control process
• Approve purchases plans
• Control non-for sale inventories
• Reviewing and approving all accounting transactions in line with the Group Policies & Procedures
• Review monthly reports on various tax/legal payments made for Egypt & Saudi Arabia
• Liaise with internal and external auditors
• Produce Financial Statements
• Managing Budget
• Review monthly Managemnt Reports
• Monitor and Report budget variance periodically
• Controlling expenses in alignment with the set budget and developing monthly expenses report
• Analyze costs, pricing, sales results and the company’s actual performance compared to the business plans
• Review monthly reports on various tax/legal payments made
• Liaise with internal and external auditors
• Oversee operations of the finance department, set goals and objectives
• Communication and manage the companies accounts in banks
• Monitor inventory position and stock control process
• Reviewing and approving all accounting transactions in line with the Group Policies & Procedures
• Credit approvals & collection procedures control
• Ensure efficient fixed assets management to safeguard company assets are in place
Position: Financial Manager Duration: 2017-2019
• Produce Financial Statements
• Managing Budget
• Review monthly Management Reports
• Monitor and Report budget variance periodically
• Controlling expenses in alignment with the set budget and developing monthly expenses report
• Analyze costs, pricing, sales results and the companys actual performance compared to the business plans
• Review monthly reports on various tax/legal payments made
• Liaise with internal and external auditors
• After sales control (Revenue, Expenses & gurantee)
• Oversee operations of the finance department, set goals and objectives
• Communication and manage the companies accounts in banks
• Monitor inventory position and stock control process
• Reviewing and approving all accounting transactions in line with the Group Policies & Procedures
• Credit approvals & collection procedures control
• Ensure efficient fixed assets management to safeguard company assets are in place
• Prepare monthly, quarterly and annual Financial Statements
• Prepare monthly Managemnt Reports & KPIs
• Manage Budget, Forecast and Cash Forecast
• Monitor and report to management on budget variances
• Review and approve sales, purchases and expenses in line with group policy and procedures
• Oversee the day to day accounting processes and monitor prepaid & provisions
• Ensuring all accounting transactions in line with approved corporate authority matrix
• Ensure the acquiring & disposal of fixed assets are done in adherence with company policies
• Review monthly reports on various tax/legal payments made
• Review Annual Tax Report
• Liaise with internal and external auditors
• Approve all checks, transfers & cash disbursement
• Ensure correct and timely payments are made to suppliers as compliance with agrrement
• Ensure all customs duty and sales tax applicable are paid for all imports
• Ensure sales, collection and banking are carried out correctly
• Approve Daily Collection Reconcillation accounting entries made in A/R
• Approve monthly bank reconciliation
• Approve policies declaration as required by the insurance company
• Review and report adequacy of insurance coverage annually and monitor insurance claims
• Manage the effective achievement of the finance department objectives through setting individual objectives, managing performance, and developing staff
Duration: 1999-2000
• Handling vendors accounts including their related journal entries
• Disbursement accounts (for APL Line)
• Invoicing the line
• Preparing the vendors, the banks and the Lines Reconciliation
• Oversee the agreement with the line (APL)
• Preparing all the commission reports
• Preparing the actual cost report for the line
Dimension for Project & Furnature (Projects & Furniture)
Position: Accountant Duration: 1996-1999
• Ensure that the vendor invoices are booked correctly in Accounts Payable module
• Maintain all records to support the above entries and take approval of Chief Accountant
• Run weekly report (checks) to select invoices due for payment
• Prepare payment vouchers and print checks for approval of Chief Accountant
• Hand over checks to suppliers and obtain acknowledgment
• Ensure, in applicable cases the income tax calculations are correctly made for employees as per guidelines and the deducted amount paid to the authorities timely
• Ensure while making payments to suppliers and services provides, the applicable amounts as per deduct/withhold tax are deducted and paid back to the tax dept. on quarterly basis
• To issue certificate for tax deducted at source to the respective suppliers after reconciliation of vendors statement of accounts
• Handle petty cash payments as approved by Chief Accountant
• Ensure compliance with company procedures in such transactions
• Handle Banks reconciliations on a monthly basis
