Financial Manager
AK-HAJDYAH CONTRACTING CO.,
Total years of experience :31 years, 9 Months
- Management and organization skills, financial planning, capital structuring, and studying project financing and investment decisions.
- Managing and training individuals and groups, and negotiating power with internal and external parties, and presenting recommendations and proposals to management.
Implementation of financial accounting standards, auditing, costs, control, and financial and management consulting
- Integrated financial software applications (ERB) and management information systems and good follow-up to the financial information system.
Establishing financial control systems, internal control procedures, accounts guide, and the documentary and book cycle
- Preparing sub-plans and executive programs for financial management and proposals for improvement, remedial and preventive measures to improve performance and follow-up on the implementation of financial policies.
Experience and contributions in risk management, insurance coverage to protect corporate assets, and management's participation in setting general policies and the company's main objectives.
Applying the foundations of the International Financial Reporting Standards (IFRS) with their application in small, medium and large-sized enterprises.
- Estimating the size of projects, planning profits, estimated budgets, evaluating the growth rate of companies, and managing the sources and uses of funds.
Managing working capital, cash flow movement, and cash distribution on assets and operational processes (operating cycle).
- Dealing with banks, financing agencies, customers and suppliers, following up the movement of debts and collection, and managing (AP) & (AR) accounts.
- Preparing quarterly financial reports, balance sheets, estimated budgets, financial analysis programs, evaluating projects, and studying the factors affecting business activity.
- Follow up on zakat, income and tax all changes related to legislation and financial regulations - Review the company's financial contracts with customers and suppliers.
Good knowledge of corporate law, legal requirements, tax regulations, contractor classifications, and classification certification procedures.
Supervision of the team work, accounting system and review records
-Follow-up and preparation of reports, periodic financial statements, cost accounts and inventory control
- Revision and evaluation of internal system procedures, control, management cash and banks
-Budgets, forecasting, deviations analysis and financial analysis
Follow-up of financial and accounting procedures according to the management policies and audited, Control, verified of all documents
-Review the elements of financial statements and the extent of application of standards and accounting principles
-Follow-up work and supervise the financial management team,
Examination, evaluation of assets, liabilities
-Monitoring cash flow, bank reconciliations, letters of credit
-Inspection and review of all recorded financial transactions
-Preparation of Trial bal. periodic financial reports and balance sheets
-Installs financial analysis of income statements, ratios and indicators
Preparation of financial positions, estimated budgets forecast-
-Follow-up fixed assets, depreciation calculation, additions, exclusion
-Revision monthly employee wages, payable and receivable accounts
-Liaise with the, suppliers, customers, government agencies, internal auditors, external auditors, tax
-Audit and physical verification of inventory and Developing stock control system, store reports and cost accounting system.
-Follow elements of cost such as raw material, labor manufacturing expenses, and Comparing standard costs to actual production costs
-Verification procedures and examination of documents, systems, activities Examination and analysis of balances of accounts and conformity
-Responsibility to follow up and implement the accounting system on the computer network using the integrated software applications for enterprise resource planning ERP
Responsible for the accounting, financial management, internal control systems of the Group
- Responsible for the general integrity of the accounting function and related reports across all company key media accounts and other departments
- Manages the general accounting functions i.e. payroll/AP/AR etc…
- Develop finance and accounting policy within the company in compliance with industry best practice
- Drive the accounting system and software for the best implementation.
- Provide Shared Services support in the most cost-efficient manner
- Develop & maintain effective working relationships with internal departments to facilitate the achievement of company’s operational objectives
- Ensures accuracy, integrity and proper documentation of books and records
- Submit timely based reports on the performance of the Shared Services functions i.e. P&L, finance function performance reports, etc…
- Ensure cross-function coordination and optimization of booking, invoicing and collection processes.
- Prepare the annual forecasted budget for next year
- Evaluating the finance dept staff work, particularly in payables and collections areas
-responsibility of the accounting system, review the books and records
-Preparation of sub-trial balances and Trial balance
-Preparation of periodic financial reports and balance sheets
-Cash flows, banking, documentary,
-Financial analysis of income statements, ratios indicators
-Prepare, support internal/external audit and tax procedures -Inventory control, periodic cost report, product profitability
-Preparation of cost statements, analysis and managing cost centers,
Revenue and expenses
-Physical verification of inventory, processing of inventory
Data reporting, stores and production costs
-Preparation of financial positions, statements of income and planning, budgeting, forecasting and reporting activities
-Chart of accounts, documentation, books for industries Co.
-Develops cost accounting system / cost flows and comparing
-Follow-up and implementation of the accounting system on a computer using software applications integrated .ERB
-liaise with the, suppliers, internal auditors and external auditors
-Supervision of the team work and all procedures of stock Internal control
Follow-up record of fixed assets and depreciation and movements of additions and exclusions
Planning steps audits, evaluation, development internal control system
Verification procedures and examination of documents, systems, activities Examination and analysis of balances of accounts and conformity
Audit of financial statements throught internal audit program
Plans study and collects data to determine audit of activity such as raw material purchases, inventory, and labour.
Review the elements of financial statements and the extent of application of standards and accounting principles
Review, Audit and physical verification of inventory and fixed assets
Develops Inventory control and cost accounting system / cost flows and comparing standard costs to actual production costs.
liaise with the, suppliers, internal auditors and external auditors
Supervision of the team work and all procedures of stock Internal control
Analyzes actual manufacturing costs and prepares periodic report comparing standard costs to actual production costs
prepares follow-up store reports
Inventory control, periodic cost report, profitability of products
Makes estimates of new and proposed product costs
Analyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.
Registration books of daily assistance and regular daily public
Entry in the books, sub-ledger and general ledger
Preparation of sub-trial balances and Trial balance
analysis of cost centers, revenue and expenses
Participate in the work of periodic and annual inventory
Subscribe to of the Preparation of periodic financial reports and balance sheet
Recording entries in the journal General analytical and subsidiary ledgers
Preparation of sub-trial balances and reconciliations monthly and annual
Recording bank accounts and bank reconciliations and follow the movement
of incoming and outgoing checks
using Accounting programs, sales, customer suppliers, banks, stock control
Subscribe to the periodic inventory
Subscribe to the preparation of periodic financial reports and balance she record the movement of customers and Preparation sub-trial per month
Audit and correspond customers balances
Registration in sub-ledger, general and regular ledger
Entry in the books, sub-ledger and general ledger
Preparation of sub-trial balances and Trial balance
Preparation of periodic financial reports and balance sheets
Cash flows and business banking, documentary credits Installs