finance manager
Pasgianos Food & Beverages Co.
Total years of experience :29 years, 3 Months
Pasgianos Food & Beverage Company is a member of Haggar Group of Companies - Khartoum - Sudan engaged in the production and marketing of soft drinks, water and food industries.
Review of Accounting and Financial Systems: Review and monitoring the implementation of Oracle Fusion ERP system.
- Strategic Planning: Participation in setting the strategic business plans.
- Budgeting and Budgetary Control: Participation in the setting of the company’s annual budget and business plan.
- Financial Planning: Negotiating the required short and long term financing and cash flow forecast.
- Financial Reporting: Preparation and analysis of financial statements and financial information and monthly management reports.
The main responsibilities come under the heading of setting up finance department to handle all the financial control activities for the company and its subsidiaries, including:
- Redrafting of Accounting Policies and Procedures: Review and redrafting the accounting policies and procedures and the unified financial policy for the company and its subsidiaries..
- Strategic Financial Planning: Participation in setting the strategic business plans.
- Financial Reporting: Preparation and analysis of financial statements and financial information.
Major Achievement and Responsibilities:
• Played a major role in the successful implementation of Oracle system in Jeraisy Furniture Factory and Jeraisy Computer and Comm. Services.
• Assisting finance manager in setting accounting and financial reporting policies and controls.
• A team member of the annual budget committee.
• Review and analysis of project profitability for JCCS projects:
• Monitoring of cash flow and cash forecast.
• Preparation of monthly, quarterly and semi-annual financial reports and management reports.
• Preparation of annual financial statements and coordination with external auditors.
* Heading the Finance Department.
* Participation in the system analysis for the implementation of the Oracle Financial and Manufacturing modules.
* Preparation of monthly, quarterly and period ic financial reports.
* Prepapation of year-end financial statements and coordination with the external auditors (Ernst & Young)
* Encoding and processing AP, fixed assets and other assets and income daily transactions in the Oracle system.
* Reconciliation of AP transactions and balances between the Oracle and the STC legacy system during the parallel running phase to ensure the accuracy of the transactions and balances.
* Active participation in the preparation of STC financial statements for the period from May to December 1998 and for the year ended December 31, 1999
• Compliance Audit: Al Rajhi Banking and Investment Co. (Al-Rajhi Bank) to check compliance with:
- Provisions of the Islamic Sharia Supervisory Board setting the criteria for Islamic Banking transactions.
- Directives of Saudi Arabian Monetary Agency SAMA (Saudi Central Bank) governing banking operations in Saudi Arabia.
• Consultancy: Acted as a consultancy team member in the privatization of the Ministry of Telecom and Telegraph into Saudi Telecom Co.
• Statutory audit:
- Al-Rajhi Banking and Investment Co. (Al-Rajhi Bank)
- Arabian Gulf Fund for United Nations Development Program (AGFUND)
* Documentation of company operational policies and procedures.
* Recommendations to cover the loophalls in the internal control system.
* Check and report on compliance with the company approved policies and procedures.
* Conducting statutory audit for client companies.
* Preparation of financial statements.
* Rendering accounting and tax services for client companies.
I graduated from College of Business Studies - Sudan University of Science & Technology in January 1994 with BBS 2nd Degree Upper in Accounting and Finance