Financial Controller
GMS Holdings
Total years of experience :17 years, 0 Months
1. Guides financial decisions by establishing, monitoring, and enforcing policies and procedures (Accounting Policy, Budget Policy, Purchasing Policy, Fixed Asset General Controls procedures, Assets & Materials' disposal procedures, Expenses Policy )
2. Prepares budgets by establishing schedules; collecting, analysing, and consolidating financial data; recommending plans.
3. Achieves budget objectives by scheduling expenditures; analysing variances; initiating corrective actions.
4. Ensuring that appropriate systems and internal controls are implemented and maintained.
5. Cash projection.
6. Preparation of Monthly and weekly Consolidated Financial Statements.
7. Timely production of statutory and internal financial reports.
8. Overseeing the Payroll process.
9. Protects assets by establishing, monitoring, and enforcing internal controls.
10. Monitors and confirms financial condition by conducting audits; providing information to external auditors.
11. Maximizes return, and limits risk, on cash by minimizing bank balances; making investments.
12. Prepares special reports by collecting, analysing, and summarizing information and trends.
13. Protects operations by keeping financial information and plans confidential.
1. Guides financial decisions by establishing, monitoring, and enforcing policies and procedures (Accounting Policy, Budget Policy, Purchasing Policy, Fixed Asset General Controls procedures, Assets & Materials' disposal procedures, Expenses Policy )
2. Prepares budgets by establishing schedules; collecting, analysing, and consolidating financial data; recommending plans.
3. Achieves budget objectives by scheduling expenditures; analysing variances; initiating corrective actions.
4. Ensuring that appropriate systems and internal controls are implemented and maintained.
5. Cash projection.
6. Preparation of Monthly and weekly Consolidated Financial Statements.
7. Timely production of statutory and internal financial reports.
8. Overseeing the Payroll process.
9. Protects assets by establishing, monitoring, and enforcing internal controls.
10. Monitors and confirms financial condition by conducting audits; providing information to external auditors.
11. Maximizes return, and limits risk, on cash by minimizing bank balances; making investments.
12. Prepares special reports by collecting, analysing, and summarizing information and trends.
13. Protects operations by keeping financial information and plans confidential.
• From 01-01-2011 - Present: Section Head - Reporting and analysis department at Dar Al Dawa Development & Investment company.
Job Responsibilities: • Prepare monthly Reporting Pack base on the IFRS, consisting of the following statements and Reports;
✓ Statement of Financial Position, Detailed and condensed Income statement (YTD, QTD, MTD), Changes in shareholders statement, Cash Flow statement (YTD, QTD, MTD), Comprehensive Income statement.
✓ Notes to the financial statements.
✓ PP, E Report (Historical Cost and the Accumulated depreciation; Additions, Retirements, Transfers and Translation Adjustments)
✓ Break down for the Selling and Marketing, the General and Administrative, and the Research and Development expenses.
✓ Break down for the Overheads (Part of the cost of goods manufactured and sold)
• Translate the parents companies' financial statements from the foreign currencies to the Reporting one and treat the resulted "Forex" using the IFRS.
• Prepare the consolidated statements for the subsidiaries and its parents using both equity and cost methods, which consists of: ✓ Consolidated statement of financial position, consolidated Income statement, consolidated Comprehensive income statement, consolidated Change in equity statement, Consolidated Cash flow statement.
✓ Eliminate the Inter company sales and cost of goods sold taking into consideration the realized and unrealised profits, and eliminate the intercompany balances and transactions.
✓ Consolidated PP, E Report ( Historical Cost and the Accumulated depreciation; Additions, Retirements, Transfers and Translation Adjustments)
✓ Consolidated break down for the selling and marketing, the General and administrative, and the Research and development expenses.
✓ Consolidated break down for the Overheads (Part of the cost of goods manufactured and sold)
• Prepare the Announced Financials & Audit Report that is usually send by the company to the Jordanian stock market (Quarterly, Yearly), using excel and the word files.
• Prepare the income statement by markets, and make suitable allocations between them.
• Handle the investments in the Associate companies, using the equity method based on the IFRS.
• Handle the re-evaluation for the investments in trading securities and the available for sale.
• Prepare monthly CPV (Cost - Profit - Volume) Income statement in total and per product.
• Prepare monthly sales reporting (sales Balances, unit's counts and groups)
• Prepare the Management and decision Analysis, ( M & DA)
• Prepare key performance indicator analysis. ( KPI)
• Prepare bunch marketing analysis.
• Prepare monthly report for the actual costs of the departments, and compare them with the budgeted costs.
• Make monthly comparison between the company's actual and budgeted results.
• Prepare sales, Expenses and Capital budgets for the stand alone company and the group (Consolidated Budget) on yearly basis, using advanced Excel forms.
• Issue yearly, Quarterly Cash flow projection, and make a comparison with the actual.
Oracle Financials - Implementation: • Attended to oracle Conference Room Pilot ( CRP 1, CRP 2 and CRP 3) and actual training by BT Applied Technology company at DAD Group, On the following models:-
✓ General ledger ( Specially the Financial statement generator and the Mass allocation)
✓ Business intelligence.
✓ Budgets.
✓ Accounts receivable.
✓ Accounts payable.
✓ PP, E.
✓ Cash management.
• Mapping the old data from the old DOS system to the new chart of accounts in the Oracle using advanced Excel models.
• Create new chart of accounts in the oracle.
• From 18-04-2008 - 01-01-2011: Senior Accountant - Reporting and analysis department at Dar Al Dawa Development & Investment company.
• From 18-04-2007 - 18-04-2008: Accountant at ARAMEX International Company.
AR Accountant
AR ACCOUNTANT
2015
CMA
