Finance & Management Consultant
Free-lance
Total years of experience :22 years, 4 Months
Domaines d’intervention :
- Conseil en finance, comptabilité, fiscalité
- Assistance à la gestion d’entreprises
- Assistance et accompagnement à la gestion de projets et à la maîtrise d’ouvrages
- Assistance et conseil à la mise en place des systèmes d’informations et des progiciels de gestion intégré
- Études et analyses économiques et études de faisabilité de projets
- Organisation et réorganisation d’entreprises (organigrammes, manuels des procédures, fiches de fonctions….)
- Restructuration et re-engineering d’entreprises
- Formations
- Oversee all tax and regulatory compliance issues
- Prepare and submit information to statutory authorities
- Liaise with external advisors on the preparation of statutory financial information
- Prepare monthly accounts (P&L and balance sheet)
- Preparation of annual statutory Accounts
- Preparation of Tax computations (VAT and corporation Tax)
- Prepare Payroll figures
- Cash flow statements
- Manage relations with external parties (suppliers, clients…)
- Manage insurances
- Develop the forecasting models (P&L, Balance Sheet and Cash flow)
- Review company internal controls
- Annual Budgeting
- Duties achieved:
1- Feasibility studies of two new projects (Clinique, commercial company)
- Feasibility Study of the new projects (implantation or the intervention area, customers, specifies, competition, suppliers, …)
- Projected Financial Statements
- Preparation of investment plan
2- Business Organization
- Preparation of organizational diagnosis of the existing
- Evaluation of the information system,
- Proposal, discussion and approval of the new structure (organization)
- Implementation of the new structure / organization
- Design, preparation and validation of new procedures, work processes (administrative and financial)
- Design, preparation and validation of new job descriptions (business)
- Design, preparation and validation of the monitoring system and calculation of performance (performance indicators)
- Preparation of periodic reporting system (quantitative / financial, qualitative)
- Evaluation of staff skills
- Determination of human resource needs and preparation of the recruitment plan
- Management of recruitment operations
- Training of staff to ensure good control of the new system
- Establishment of new working procedures
- Audit of the proper application of new working procedures
3. Implementation of the new information system
- Preparation of specifications for the acquisition of a new ERP System / Software adequate with the natures of activities and group companies of sizes (business processes, business requirements ...)
- Participation in the Evaluation Committee of bids and choosing the right system
- Driving year as project leader for the implementation of the new system ERP / Enterprise Resource Planning
- Setting the various system modules
- Realization of acceptance tests of users, functionality evaluation system and proposed improvements and adaptations required by the customer
- Testing and validation of the integrity of the system (data migration, consistency between the different modules, reliability and relevance of the data transferred to the reporting modules ...)
- Establishment adaptations and updates
- Final acceptance of the new ERP system
- Design of the financial reporting system (general / financial accounting, cash management, inventory management, cost accounting ...)
- Assistance in preparing the first financial statements (balance sheet, income statement, cash flow statement, notes to financial statements, changes in equity)
- Design of inventory management system (classification, configuration, development and assignment)
- Determination of cost centers and assignments criteria
4- Staff Training
- Staff training on new work procedures, forms crafts, performance indicators,
- Training on the use (features) of the new ERP System
- Training on financial reporting and budgeting
- Training on communication skills, the teams work.
Finance & Accounting Consulting
Finance Analysis
Business Analysis
Economic Studies
ERP Systems Implementation
Project Management
Change Management
Organization
Preparing organizational diagnosis (SWOT matrix) and giving proposal recommendations.
Review and evaluate the new business processes.
Assist and monitor the new business processes implementation.
Design the Warehouse and Fixed Assets classification system and preparing the codification system,
Reporting and analyzing physical inventories results.
Preparing the new system settings and data entry.
Manage and support the achievement of the warehouse and fixed assets physical inventories.
Support the « Accounting » and « Warehouse Management » sections teams in using the new warehouse management system.
Follow up on and audit the new business process practices.
Training for the employees.
Participation in the preparation of specifications,
Assistance and Consulting in preparation for the implementation of new system
Assistance and Consulting in user acceptance testing UAT
Monitoring and advice in resolving functional issues raised in financial and data conversion to the new system (Oracle - Flexcube) or during the implementation
Gathering and analysis of customer needs (Central Bank and commercial banks), forward and explain to the supplier "OFSS - Iflex"
Assist supplier to translate user requirements and project the amendments requested
Gathering, analysis and problem solving functional and financial daily (adequacy of the great books - GL mismatch, compensation issues ACH, Swift messages ...)
Attend meetings to monitor progress of implementation of new system
Attend workshops in the Libyan central bank and commercial banks as well as with foreign partners,
Attend conferences with the World Bank to monitor the various problems encountered in international operations
Animation training sessions for the benefit of users for the various modules of the new system
Assist the operations end of period (day closing EOD, EOM end of month, end of year EOY)
Assistance and advice in the preparation of financial statements, monthly statements
Assistance and advice in the implementation of the various modules of the new system: management of securities and derivatives, funds transfers, cash management,
Provide training for staff of the central bank and commercial banks in the various fields of activities of banks.
Set the policies, systems and procedures for the financial department,
Supervise and oversee the accounting department, establish the general accounts, prepare quarterly situations and annual financial statements
Ensure all accounting policies are followed and met according to set strategies and company requirements.
Recommend to the General Manager long range objectives, plans and programs for Finance Department,
Manage the relationship with the tax authorities,
Follow-up on the legal and tax deadlines,
Prepare all budgets and financial forecasts.
Manage the company cash flow to ensure a smooth running operation,
Interacts with banks to arrange loans, facilities and company account.
Manage customer risks and optimize the Worked capital,
Human resources management, payroll preparing and recruitment,
Recommends the selection, employment, promotion or termination of key personnel.
Create audit programs with the guidance of Audit management, review working papers and reports findings,
Evaluation of the internal control system,
Reporting of Internal Control,
Accounts control,
Evaluates whether organizational units are performing their planning, accounting, operational, custodial, and control activities in compliance with management instructions, policies and procedures and in a manner consistent with approved objectives and high standards of business practice,
Discuss and resolve audit issues and recommendations with management,
Provide reports to management on the adequacy and effectiveness of internal control structure, along with practical recommendations to improve the effectiveness, efficiency and economic value of a control or process.
Oversee the daily accounting functions of overall accounts module i.e. payable, accounts receivable, purchase order, fixed assets, stock, and general ledger (FICO) to ensure proper accounting records are kept in compliance with the group, statutory accounting policies and other statutory requirements such as tax, audit, legal.
Monitor and supervise month end closings to ensure all management reports are submitted in a timely and accurate manner in compliance with group instructions especially for the quarter closing
Perform monthly bank, merchant, and investment reconciliations
Responsible for Profit/loss calculations
Reconcile, adjust and maintain Balance Sheet accounts such as prepaid expense, petty cash, accounts
Compile, enter and post monthly adjusting journal entries
Prepare and present financial results so as to explain the monthly results
Evaluation of the internal control system (Grand Ateliers du Nord)
Discuss and resolve internal control issues and recommendations with management,
Preparing the internal control reporting