Commercail Finance Section Head
Cairo3A for Agriculture and Animal Production
مجموع سنوات الخبرة :9 years, 2 أشهر
Financial Planning and Budgeting
• Prepare Annual and 5 Years Plan, Income Statements, Balance Sheet, Cash flow statements and supported schedules.
• Maintain Sales and Revenue Forecast
• Review and Approve Sales contracts
• Design effective budget models for departments and the entire company
• Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget
• Present annual budgets to Top management
• Review budget requests for approval
• Forecast future budget needs (rolling forecast).
• Identify variances between actual and budgeted financial results at the end of each reporting period.
• Suggest spending improvements that increase profits.
• Review the company’s budget for compliance with legal regulations.
• Ensure department managers meet budget submission deadlines.
• Design and implement effective budgeting policies and procedures.
Costing
• Manage the costing process of the company and get involved in the continuous enhancement of the standard costing methodology and BOM.
• Maintain Pricing of finish product according to BOM vs Cost and GP analysis.
• Prepare standards cost and analyze trends of standard cost month by month.
• Analyzed monthly COGS, standard cost vs actual cost.
• Analyze Manufacturing variances and maintain variances onto COGS.
• Apply cost closing procedure and reconciliation to prepare actual COGS.
• Prepare Monthly Standard Coting Statement.
Inventory Control
• Manage the whole inventory control process.
• Assess inventory levels and manage safety stock levels with stack holders.
• Assist with stack holders regular purchase request according to forecasted consumption.
Purchase Control
• Manage the control of RM purchases and monthly report the developments.
• Analyze COGS on monthly base, and give recommendations to supply chain management to reduce the cost of RM.
• Review all purchase order status on the system.
• Review and Approve all purchase orders according to Budget.
Cash Management
• Prepare monthly cash flow forecast and needed financing
• Prepare monthly cash flow statements Actual vs Budget
• Assist with treasury department to manage AP balances
• Assist with supply chain management future supplying contracts and PO’s
Monthly P& reporting
• Monthly P&L Reporting to the zone.
• Monthly analysis of the Management P&L vs. the Budget & Trends.
• Constant evaluation and monitoring of P&L accounts to ensure correctness of allocations to the proper accounts and cost centers.
• Monthly comparison between actual and budget for each department.
Financial Planning and Budgeting
• Analyzing financial data.
• Researching macroeconomic and microeconomic conditions.
• Preparing accounting and other required reports and projections based on the analysis performed.
• Evaluating capital expenditures and asset depreciation.
• Establishing and evaluating records, statements, and profit plans.
• Identifying financial performance trends and financial risk, and making recommendations.
• Providing recommendations for improvement based on trends.
• Coordinating with other members of the finance team, such as a risk analyst when required to review financial information and forecasts.
• Providing financial models.
• Making financial forecasts.
Cash Management
• Prepare monthly cash flow forecast and needed financing
• Prepare monthly cash flow statements Actual vs Budget
• Assist with treasury department to manage AP balances
• Assist with supply chain management future supplying contracts and PO’s
Costing
• Manage the costing process of the company and get involved in the continuous enhancement of the standard costing methodology and BOM.
• Maintain Pricing of finish product according to BOM vs Cost and GP analysis.
• Prepare standards cost and analyze trends of standard cost month by month.
• Analyzed monthly COGS, standard cost vs actual cost.
• Analyze Manufacturing variances and maintain variances onto COGS.
• Apply cost closing procedure and reconciliation to prepare actual COGS.
• Prepare Monthly Standard Coting Statement.
Inventory Control
• Manage the whole inventory control process.
• Assess inventory levels and manage safety stock levels with stack holders.
• Assist with stack holders regular purchase request according to forecasted consumption
Purchase Control
• Manage the control of RM purchases and monthly report the developments.
• Analyze COGS on monthly base, and give recommendations to supply chain management to reduce the cost of RM.
• Review all purchase order status on the system.
• Review and Approve all purchase orders according to Budget.
Monthly P& reporting
• Monthly P&L Reporting to the zone.
• Monthly analysis of the Management P&L vs. the Budget & Trends.
• Constant evaluation and monitoring of P&L accounts to ensure correctness of allocations to the proper accounts and cost centers.
• Monthly comparison between actual and budget for each department.
Budgeting & FINANCIAL Planning
• Assist in preparing of master budget, support in preparation, and follow up monthly forecast.
• Assist in Preparing monthly, quarterly, yearly income and asset statements,
Costing
• Manage the Costing process of the company and get involved in the continuous enhancement of the standard costing methodology and BOM analysis.
• Analyzed monthly COGS, standard cost vs actual cost.
Inventory Control
• Prepare Monthly slow moving and obsolete provision (ZIPPR).
• Maintain and control in scraped and expired material.
• Lead periodic inventory verifications through monthly rolling physical count and the annual physical inventory control process.
Purchase Control - RM Management
• Analyze foreign and local Purchases and analyze trends of RM prices, freight, demurrage, customs, and import duty and give recommendations to supply chain management to reduce the cost of RM as budgeted.
• Manage the control of Non-RM purchases and monthly report the developments.
• Review all purchase order status on SAP and clear GRIR accounts.
•Faculty: Commerce •Major:
