Financial Manager – Cost Controller
Dar Al Laialy
Total years of experience :19 years, 3 Months
Dar al Laialy (Food & Beverage Operating Company and Construction new
Stores - Riyadh, Kingdom Saudi Arabia)
Restaurant & Coffee Shop ( Birdlot - Gourmet Coffee - Kaldi - Chok - 66Cups -
Donut Time Coffee -- Surround-Central Kitchen - Urban Kulture - Smart Food-
Catering Production ) 42 Branch .
Oversee daily Accounting operations, ensuring accuracy and completeness
of financial transactions and journal entries and deportation to the ledger.
Prepare financial reports (monthly & quarterly & annual).
P&L Statement monthly by branch to determine the impact of each of them
on the company.
Manage cash flow and ensure that funds are correctly allocated for ideal
cost and invested .
Manage accounts payable and receivable processes reconciling
discrepancies and resolving issue promptly .
Inventory and sales follow the movement to make cyrcle request purchases.
Budgeting and forecasting for facilitate decisions during budgetary and
consolidate the annual budget and expenses plan for departments .
Monitored ideal cost for variance analysis to solution and closing variance
by contract with vendors or internal decisions effective to profit business
Prepare Tax Return &VAT& Zakat .
Managing the company’s financial systems and linked with POS .
Preparation of actin forms, payroll, updating employes benefits and costing
monthly for full labor cost .
Follow up Fixed Assets & Depreciation & Prepaid and Accrued Expenses.
Reduced organizational operating costs by streamlining processes.
Improved employee engagement by conducting training classes, holding
personal meetings and leading special workshops.
Running annual audit (Income statement, Trial balance, Balance sheet) .
Chief Costing Accountant - Cost Controller
Java Time Coffee - Burger Garden - Riyadh, Kingdom Saudi Arabia
1-Supervising and analyzes and preparing financial reports and costing Responsibility (Food &Beverage)
-The balance sheet accounts and trial balance prepare actual Budget analysis .
-The preparation of the consolidated financial statements P&L Statement monthly and prepare various financial analysis related to manufacturing costs inventory and expenses information for various customers as needed for decision making support, Audit suppliers and customers .
-Analyzes Change in product design, raw materials, production’s methods or services provided to determine effects on costs .
- Prepares estimates of new and proposed product or service costs .
-Provides management with reports specifying and comparing factors affecting prices and profitability of products or services .
All financial accounting transaction for provisions and costs for the company .
2 - Work to manage all payroll and vacation work, protect wages, and a financial and Costing accountant for all HR transaction and sheets work.
3 - Performs activities covering materials and production costs, costs of good sold (COGS), product development, and overhead.
-Compares actual costs to estimates and analyzes variances.
-Analyzes and monitors raw material inventory.
-Analyzes actual manufacturing costs and Standard Costs (recipe) and -prepares periodic reports comparing budget costs to actual production costs; this includes product margin reporting and analytics
4 - Stock control Responsibility
- set up new raw materials, packaging, WIP and FG items Create and maintain productions BOMs, Cost rolls in a worldwide ERP system .
-Maintain and improve processes and controls associated with manufacturing costs and inventory valuation and Prepare age analysis reports for the slow moving stock items .
-Daily verifying & tracing for all incoming and outgoing warehouse Doc
-Preparing Suddenly Stocktaking for all warehouses, &comply it with the book balances.
- Evaluating the monthly issuance of warehouses with allocating work orders for purchases and making the cost of goods sold direct, indirect, fixed and Variable and Reconcile Stock balances with accounting monthly .
-Monitoring of production & sales formulas
-Prepare the monthly stock analysis reports concerning inventory status
-Monitoring the different types of transactions for the stock items.
• Reduced organizational operating costs by streamlining processes.
• Improved employee engagement by conducting training classes, holding personal meetings and leading special workshops
• Expertly maintained all accounts records, performed Financial reporting.
• Produced and presented detailed monthly accounting reports to General manager.
• Generated reports detailing various metrics and account information.
• Maintained up-to-date knowledge on permits, certificates and documents mandatory for government departments.
• Prepared and filed tax forms for commercial and individual clients.
• Maintained up-to-date knowledge and operated in accordance with tax codes, legislation and tax programs.
• Set up and improved accounting systems and processes to meet business needs and maximize effectiveness of operations.
• Assisted external auditor in formulating budgetary and accounting policies to facilitate smooth financial operations.
• Accurately documented all cash, credit, fixed assets, accrued expenses.
• Prepared documents, reports and presentations using advanced software proficiencies.
• Generated and submitted invoices based upon established financial schedules.
• Supervised a team of accounting associates.
• Supported monthly reporting analysis to achieve validation of internal reports and to reconcile production operations and general ledger.
• Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating and all types of cash and banking reconciliations .
• Analyses budgets, financial reports and projections for accurate reporting of financial standing
• Prepared documents, reports and presentations using advanced software proficiencies.
• Managed entire accounting cycle through completion, including gathering information, preparing documents, finalizing reports and closing books.
• Maintained integrity of general ledger, including chart of accounts.
• Managed entire accounting cycle, including gathering information, preparing documents, finalizing reports and closing books.
• Tracked various statistics and kept detailed records to support human resources department.
• Reviewed and processed employee expense reports and vendor invoices for payment.
• Prepared documents, reports and presentations for executives .
المقاولات البترولية الصيانة و المبيعات الأغذية و المشروبات التكاليف الصناعية