CFO
ETA-ASCON
Total des années d'expérience :28 years, 6 Mois
Achievements:
Detailed MIS
Fund Raising from banks and other financial institutions.
Budgetary Control and Cost Control, in order to maximize the profit.
Working Capital Management. ( Bridging the Gap between Receivables and Payables)
Roles and Responsibilities:
Direct and coordinate company financial planning and budget management functions.
Recommend benchmarks for measuring the financial and operating performance of divisions and departments.
Manage the preparation of financial outlooks and financial forecasts.
Monitor and analyze monthly operating results against budget and variance analysis.
Oversee financial management of foreign operations to include developing financial and budget policies and procedures.
Oversee Budgeted cost vs. actual cost and variance analysis report.
Manage the preparation of the official annual report of actual revenues, and expenses.
Prepare financial analysis for contract negotiations and investment decisions.
Establish and implement short- and long-range goals, objectives, policies, and operating procedures.
Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department's goals and objectives.
Serve on planning and policy-making committees for resource mobilization.
Serve as primary legislative liaison relative to company financial issues.
Direct financial audits and provide recommendations for procedural improvements, for corporate growth.
Achievements:
Fund Raising from banks and other financial institutions.
Budgetary Control in order to maximize the profit.
Working Capital Management.
Roles and Responsibilities:
Direct and coordinate company financial planning and budget management functions.
Recommend benchmarks for measuring the financial and operating performance of divisions and departments.
Manage the preparation of financial outlooks and financial forecasts.
Monitor and analyze monthly operating results against budget and variance analysis.
Oversee financial management of foreign operations to include developing financial and budget policies and procedures.
Direct and coordinate debt financing and debt service payments with external agencies.
Oversee Budgeted cost vs. actual cost and variance analysis report.
Manage the preparation of the official annual report of actual revenues, transfers, and expenses.
Prepare financial analysis for contract negotiations and investment decisions.
Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures.
Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department's goals and objectives.
Serve on planning and policy-making committees for resource mobilization.
Serve as primary legislative liaison relative to company financial issues.
Direct financial audits and provide recommendations for procedural improvements, for corporate growth.
• Direct and coordinate company financial reporting system.
• Recommend benchmarks for measuring the financial and operating performance of company.
• Manage the preparation of financial outlooks and financial forecasts.
• Monitor and analyze monthly operating results against budget.
• Direct and coordinate debt financing and debt service payments with external agencies.
• Prepare financial analysis for contract negotiations.
• Work with department managers and corporate staff to develop long term business plans.
• Establish and implement short- and long-range departmental goals, objectives, policies
• Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department's goals and objectives.
• Serve on planning and policy-making committees.
• Direct financial audits and provide recommendations for procedural improvements.
• Preparation of financial report for profitability and liquidity.
• Aging Analysis of Accounts Receivables, Accounts Payables and Inventory.
• Valuation of Work in Progress.
• Preparation of Inter- company reconciliation.
• Project Evaluation in terms of Business plans.
• Comparative Cost analysis of the projects with budgeted vs. actual cost and variance analysis.
• Monthly accounting closing keeping in view GAP and IFRS.
• Capital Expenditure evaluation, keeping in vie IRR and DCF and pay- back period.
• Preparation of banking proposals for various kinds of limits.
• Co-ordination with bankers for various issues i.e. foreign currency deals, limit utilization etc.
• Analysis of revenue recognition. It is one of the basis parameter of construction industry.
• Reconciliation of payment certificate with claim, amortization of advance payment and retention.
• Maintaining the cash flow.
• Timely completion of Trial Balance. (On Monthly basis)
• Bank reconciliation statement on regular basis.
• Preparation of Monthly financial statement together with necessary schedules i.e. Prepaid Expenses, Accruals and provisions, Fixed Assets Schedules etc.
• Analysis of Financial KPI’s. (G.P.N.P., Debt Equity Ratio and Current Ratio).
• Monitor and analyze monthly results against budget and preparation of variance reports.
• Reconciliation of sub contractors and suppliers account. .
• Break Even Point Analysis for turnkey projects.
• To design Chart of accounts for ERP implementation.
• To develop internal control questionnaire in order to make sure that the internal control procedures have been adopted and implemented properly.
• Co-ordination with auditors in order to make sure timely completion of audit.
• Payroll verification and reconciliation.
• Co-ordination with the bankers, for LC’s and various kinds of bank guarantees.
I was reporting to the General Mnager of the compnay, i haver 3 accountants working under me. main job includes prepration of financial statements, coordinating with bankers and auditors of the company.
Conducting the audits of various companies i.e. OLYAN Group of Comapnies, Kanoo, Sabic etc.
Advance study of Accounting, Financial Management, Costing, Taxiation, Auditing & Company Law
Main subjects were Advance Accounting, Business Study, Public Finance, Costing and Tax
