Finance Manager
QPM
مجموع سنوات الخبرة :16 years, 2 أشهر
• Monitor cash flow and plan investments accordingly
• Review project costing and pricing to identify possible improvements.
• Improve budgeting process and developing standard cost rates to apply in budgeting and pricing new projects.
• Review and approve periodic reporting package to holding company. (Budget variance reports with justification).
• Member of the risk mitigation committee.
• Review all internal finance procedures and update them periodically.
• Review all new contracts and highlight any financial issues or risks to be negotiated with clients.
• Coordinate and cooperate with both Internal and External Auditors, ensure all deadlines are met.
• Develop KPI’s to measure efficiency and performance of operating divisions.
• Prepare BOD quarterly financial presentation and reports.
leading a team of 20+
handling accounting for multiple companies within the group in distribution, contracting and manufacturing sectors.
manage cashflow requirements
manage bank facilities
master budget preparation
analyze workflow processes and suggest possible improvements.
internal control evaluation and implementation.
monitor collections and customer credit limits.
manage risk exposure.
prepare feasibility studies for potential projects and investments.
evaluation of current operations and brand performance.
help management in decision making process.
established stock level controls and create safety stock level measurement tools and reorder point planning.
standard costing
identify constraints and limitations.
restructuring
• Designed and implemented new internal control procedures for assets tracking, assets allocation, Procurement department, Payroll and petty cash.
• Rebuilt the accounts tree to identify cost centers and related revenues.
• Implemented of a new accounting program.
• Established a purchasing department.
• Prepared feasibility studies for proposed projects and investments.
• Trained employees on new control procedures and supervised them.
• Trained employees on Microsoft excel equations and options to ensure better time efficiency. • Applied a new automated payroll Software and supervised the training and implementation of the new system.
• Tracked assets use efficiency and utilization.
• Identified risk areas.
• Managed cash flows, overdraft accounts, invoice discounting facilities, LCs & LGs and communicate with banks.
• Prepared budgets and proforma statements for proposed projects.
• Reviewed accounts payable and accounts receivable reports.
• Supervised procurement process .
• Evaluated and performed feasibility studies for new projects.
• Maintained orderly books and records.
• Prepared budgets and financial statements.
• Prepared rent contracts and tracked payments.
• Prepared Income tax reports.
• Was responsible for the following:
o Cost control and cash flow management.
o Yearly housing tax and land tax payments.
o Building maintenance supervision.
o Marketing and customer relations.
• Performed the startup feasibility study and assessment for the project.
• Prepared monthly budgets and managed cash flows.
• Maintained books and reviewed production reports.
• Developed marketing and sales strategies.
• Managed accounts payable and receivable.
• Prepared tax and social security forms. • Was involved and responsible for the following:
o Cost control.
o Process and workflow design.
o Internal control design and implementation.
o Purchasing and sales.
o Inventory control.
o Payroll preparation.
o Company sale negotiations.
• Performed internal control evaluations and effectiveness tests for various clients’ companies.
• Designed internal control systems and procedures.
• Reviewed bank accounts and reconciliations.
• Performed annual stock count reviews and testing samples.
• Performed analytical testing of client data and identified discrepancies.
• Investigated any out of the ordinary items and found reasonable explanations for them.
• Performed assets count reviews and sample testing.
• Reviewed depreciation and assets movement reports.
• Reviewed accounts payable and receivable in addition to getting balance confirmation and testing records for existence and completeness.
• Tested payroll for accuracy, completeness and existence.
• Reviewed expenses and cost of sales.
• Assigned tasks and deadlines to team members. • Taught members of my team how to perform the tasks assigned to them.
• Reviewed revenue and income accounts and checked for proper income and expense recognition according to IFRS and local tax laws.
• Prepared year end closing entries.
• Prepared adjusting entries.
• Reviewed team members work before submitting final reports to management.
• Prepared and reviewed financial statements.
• Major client portfolio included, but was not limited to: Jordan Islamic Bank, Housing Bank, United Arab Investment Company, Zara holding, Al Kendi Pharmaceuticals, Manko Appliances factory, CIC (Ford & Mitsubishi dealers in Jordan), Al-Teqaniyah Car Trading (Chevrolet Dealership at the time), Marka Airport (IFRS adoption for privatization), Safeway hyper market, Smart Buy, Coca Cola, Royal Jordanian, Jordan Cement Factory, Summit Hotel (Iraq) and many others.
• Reviewed daily production and sales reports from the blocks plant, stone crusher and quarry sites; in addition to the preparation of related reports.
• Prepared daily journal entries.
• Followed up on receivable accounts collection.
• Inventory control.
