Controlling Director & Business Compliance Correspondent
Saint-Gobain Saudi Arabia, Kuwait & Iraq
Total years of experience :15 years, 1 Months
• Participates in the company’s strategic planning and the formulation of long term business plan.
• Assists in the Planning and Budgeting process to ensure timely submission and consolidation of the group budgeting process.
• Ensures financial control through definite approval limits, operational and capital budgeting systems, and segregation of duties.
• Develops adequate systems to ensure optimal cash and collection management of receivables in all branches.
• Analyzes budget versus actual variances to gauge fluctuations and deviations from budgets.
• Coordinates the relationship with various finance and accounting departments in all entities to ensure that all costs allocations are properly recorded.
• Monitors the financial and cost accounting tasks in the entities by providing procedures necessary to maintain proper records, and ensuring adequacy of the accounting controls and records.
• Coordinates with other departmental managers in areas of mutual interest such as budgets, payments and purchases and contributes to the achievements of the departments through timely, sound and effective financial counsel if needed.
• Ensures compliance with applicable standards, appropriate regulations, legislation and Generally Accepted Accounting Principles and provides clear advice and guidance to internal customers on accounting issues.
• Reports major problems and areas of non-compliance to management in order to ensure that a high level of accounting management and control is maintained and issues are resolved in a timely manner.
• Conducts, upon the request, in-depth investigation for any abnormal or critical situation showing in the financial reports or analysis to resolve underlying issues in a timely manner.
• Monitors the financial and cost accounting (such as Controlling of RMP and landed-cost of manufactured and purchased goods, and cost analysis identifying the cost drivers and efficiency measurement) tasks at the subsidiaries by providing procedures necessary to maintain proper records, to ensure adequacy of the accounting controls and records.
• Ensures that Finance Departments in all entities meets with SG requirements in matters related to reporting and internal control.
• Identifies areas for cost reductions and operational improvements to increase business profitability.
• Reviews, investigates, and corrects errors/inconsistencies in financial entries, documents and reports.
• Reviews management reports and ensures reliability of those reports received from entities.
• Drafts policy related to financial procedures, credit limit, collection and others and ensures they are applied.
• Controls financial reports, budgets, cost reports and financial forecasts on a regular basis in coordination with Controlling Directors/ Finance Managers of the Countries / entities.
• Monitors and analyzes monthly operating results against budget and reports to management.
• Compiles and analyses financial information and prepares reports and other management information to support and help in decision making.
• Ensures that all entities submit timely, reliable and quality financial reports and information in a complete and accurate manner for consolidation purposes, sound decision making and improvement recommendations.
• Performs internal operational assessments to ensure the efficient use of resources, to identify areas for cost reductions and to determine areas of improvements.
• Controlling and following up all the operation related to the compliance (Trainings, Implementations, Cases, reporting…) thru being the Business Compliance Correspondent.
• Coordinates with Weber Activity Finance Teams and Follow up on financial requests related to consolidation of reports and data.
• Ensures that all Weber ME subsidiaries submit timely, reliable and quality financial reports and information in a complete and accurate manner for consolidation purposes and sound decision making. Responsible to improve the process or systems used to reach that goal.
• Assumes responsibility for corporate reporting and submits monthly consolidated Financial and Analytical reports to management making suggestions to the management for immediate remedial action and business improvement.
• Compares the company’s financial reports including consolidated reports with those of previous periods and budgets.
• Ensures that all taxation; preparation, tax reporting, and payments, are made in the proper manner and timing in compliance with set statutory regulation and standards.
• Coordinates with other departmental managers in areas of mutual interest such as budgets, Long Range Plans and RFs.
• Ensures proper functioning of the Finance and Accounting departments in the Near East region (including Holding Company) in compliance with set financial policies and procedures of the group.
• Supports, trains, and leads the Managers/Chief Accountants of the Finance Department in carrying out their duties and monitors their efficiency and performance.
• Ensures that all Weber’s assets in the Near East region are adequately insured and protected through appropriate risk management policies and procedures.
• Ensures Weber compliance with applicable standards, appropriate regulations, legislation and generally accepted accounting principles of the respective countries and provides clear advice and guidance on accounting and finance issues.
• Conducts, upon request of the Chief Financial Officer, in depth investigation to check any abnormal critical situation showing in the financial reports or analysis.
• Reports major problems and areas of non-compliance to management in order to ensure that a high level of accounting management and control is maintained and issues are resolved in a timely manner.
• Analyzes budget of the Near East region entities versus actual variances to gauge fluctuations and deviations from budgets.
• Coordinates with various finance and accounting departments in all the Near East region entities to ensure that all costs allocations are properly recorded.
• Monitors the financial and cost accounting tasks at the Near East region entities by providing necessary procedures to maintain proper records, and ensuring adequacy of the accounting controls and records.
• Identifies areas for cost reductions and operational improvements in the Near East region entities.
• Compiles and analyzes on monthly basis all the Near East region financial information and prepares related reports and other requested information as required by the Managing Directors and Country Managers.
• Controls all financial reports, budgets, cost reports and financial forecasts of the Near East region entities on a regular basis.
• Preparing monthly reports (Inhouse, P&L, BS, Cash Flow, Sales, Volume, head count).
• Preparing budget, 5 years plan, rolling forecast…
• Manage, prepare, update, post and transfer the Payroll,
• Managing and controlling full operation: Cost, Gross margin, Stock count, Petty cash, Production expenses, Expenses on sales, Salaries, Overheads, Payables, Receivables, Accruals, Assets, Depreciation, Bank position, Bank reconciliation Inventory, Provisions, Prepaid…
• Preparing the Income Tax, Tax on Salaries and VAT declarations.
• Prepare files and reports for annual audit report, review and approve it.
• Dealing with bank: Facilities, Daily operation, LC’s…
JULY 2012 TILL PRESENT: SODAMCO-WEBER SAINT-GOBAIN KSA
Position: Chief Accountant
• Preparing monthly reports (Inhouse, P&L, BS, Cash Flow, Sales, Volume, head count).
• Consolidation of 3 branches reports (monthly).
• Preparing budget, 5 years plan, rolling forecast…
• Managing two accounting departments (Jeddah and Riyadh).
• Manage, prepare, update, post and transfer the Payroll,
• Managing and controlling full operation: Cost, Gross margin, Stock count, Petty cash, Production expenses, Expenses on sales, Salaries, Overheads, Payables, Receivables, Accruals, Assets, Depreciation, Bank position, Bank reconciliation Inventory, Provisions, Prepaid…
• Preparing the Income Tax, Zakat and Withholding Tax.
• Prepare files and reports for annual audit report and the tax return, review and approve it.
• Supervisor of the company in the General Organization for Social insurance.
• Preparing Import and Export letter of credit.
• Dealing with bank: Facilities, Post financing, letter of guaranty, Daily operation, LC’s…
JANUARY 2010 TILL JUNE.2012: SODAMCO-WEBER SAINT-GOBAIN QATAR
Position: Sr. Accountant
MARCH.2009 TILL DECEMBER2009: SODAMCO-WEBER SAINT-GOBAIN LEBANON
Position: Accountant
2004-2009: Achieved B.B.A "Business and Commercial Sciences" Degree in FINANCE at "Holy Spirit University of Kaslik", Lebanon (U.S.E.K)
2002-2004: High School- Section: Sociology-Economy at "Collège Central Jounieh".
