Finance Manager
Alba General Trading Co. (Ferrero products)
Total years of experience :15 years, 8 Months
Reporting to: CEO
Responsibilities:
• Oversaw the financial operations of a multi-company group, achieving a 19% increase in annual turnover to exceed $80 million.
• Successfully established a new F&A department, resulting in a 50% reduction in financial reporting processing time.
• Collaborated with the IT manager and a software development firm to implement a new ERP system tailored to FMCG industry requirements.
• Prepared comprehensive monthly Profit & Loss (P&L) statements and quarterly financial packages for informed decision-making.
• Identified and implemented cost-saving spending strategies through in-depth reviews of monthly Ferrero trade budgets, resulting in a favorable annual variance of 6.5%.
• Performed a thorough review of the companys pricing structure to ensure market competitiveness.
• Partnered with the Supply Chain department to establish standard costs for products, leading to a 0.4% reduction in overall landed cost.
• Analyzed the value chain for each SKU, identifying and implementing cost-saving opportunities.
• Supervised the month-end closing process, ensuring timely and accurate financial reporting.
• Led the annual budget preparation process, providing strategic financial guidance to senior management.
• Performed a comprehensive review of daily, weekly, and monthly reports submitted by Accounting Managers (covering cash flow, accounts payable & receivable, inventory, cost of goods sold, trade spending, and capital expenditures) to maintain strong internal controls.
• Comply with local, state, and government reporting requirements including tax filings.
• Provided accounting, internal control, and Odoo ERP (accounting and manufacturing modules) implementation services to companies in the FMCG, Medical Devices, Manufacturing, and Construction industries.
• Successfully implemented Odoo ERP in a mid-sized company, resulting in a 20% reduction in accounting processing time.
• Assisted a FMCG company in designing their internal controls, leading to improved financial reporting accuracy.
• Recruited and placed qualified accounting staff for various clients across different industries.
Reporting to: CEO
Responsibilities:
• Led a multi-million dollar business (>$75 million annual turnover) and support the company vision of 5% annual gross.
• led a high-performing F&A department to ensure efficient financial operations.
• Reduced cost of finance by 25% through strategic management of the company banking relationship (opening LCs, negotiating bank facilities and rates).
• Developed and implemented an annual budget that accurately reflected business goals.
• Prepared monthly P&L and quarterly financial statements for informed decision-making.
• Analyzed GREE price structure and collaborated with Supply Chain to establish standard costs, optimizing profitability.
• Streamlined monthly closing processes to ensure timely and accurate financial reporting.
• Implemented effective controls through comprehensive review of daily, weekly, and monthly reports (cash & bank, AP, inventory, margins, & AR aging).
• Partnered with the ERP provider to customize the system to meet specific business needs to enhance
efficiency.
• Facilitated smooth external audits by coordinating information provision for auditors.
• Ensured ongoing compliance with all local, state, and government reporting requirements and tax
filings.
Reporting to: Group CFO
Responsibilities:
• Led and empowered a high-performing F&A team, fostering collaboration and efficient financial
operations.
• Partnered with the CFO to strategically assign responsibilities and priorities, ensuring alignment with
company goals.
• Delivered accurate and timely financial reporting to senior leadership and department managers, enabling informed decision-making.
• Prepared monthly financial statements for clear financial health insights.
• Identified cost-saving opportunities by analyzing monthly trade spending variances from budget.
• Presented financial data and analysis at quarterly board meetings, influencing strategic direction.
• Enhanced profitability by collaborating with commercial and supply chain to develop value chains for new SKUs.
• Streamlined month-end close processes ensuring timely and accurate financial reporting.
• Supported the CFO in developing annual budgets that reflected realistic business objectives.
• Contributed to the successful implementation of Sales Buzz by collaborating with the commercial
department, improving sales cycle management and promotion control.
• Leveraged strong analytical skills by reviewing daily, weekly, and monthly reports (cash & bank, AP, inventory, COGS, AR aging, trade spending, CAPEX), identifying potential issues and opportunities.
• Facilitated smooth external audits by coordinating information provision for auditors.
• Ensured ongoing compliance with all local, state, and government reporting requirements and tax
filings.
Position: Financial Controller Erbil, Iraq Reporting to: General Manager Responsibilities:
• Maintain a documented system of accounting policies and procedures.
• Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the departments goals and objectives.
• Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction- processing operations, and policies and procedures.
• Calculate variances from the budget and report significant issues to GM. Monthly prepare Target Market P&L.
• Monthly analyze martial margin per target market and report any significant issues to GM.
• Monthly prepare operation report (OpRep).
• Monthly prepare liquidity plan.
• Monthly test whole operation internal control (Cash Management & Financing, AR & Sales, Inventory, Fixed Assets, HR and Financial Statement Closing Process)
• Quarterly prepare financial report (IS, BS & CF).
• Quarterly supervise Sika intracompany reconciliation (AP, AR, IS and BS).
• Quarterly prepare GRI (Global Reporting Initiative) and KPI reports.
• Quarterly reconcile Target Market P&L VS financial Income Statement.
• Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations.
• Participate in preparing annual budget.
• Issue timely and complete financial statements and annual report.
• Coordinate the provision of information to external auditors for the annual audit.
• Comply with local, state, and government reporting requirements and tax filings.
• Head of Sage ERP implementation committee.
training and development activities) 04/2016 to 11/2017 Position: Finance Officer. (Part-time contract) Erbil, Iraq Reporting to: Country Director
Responsibilities:
• Led financial operations and internal controls across multiple field offices in Iraq.
• Managed accounts payable, receivable, and petty cash ensuring adherence to HQ standards.
• Oversaw monthly inventory counts and reconciliations for accurate financial reporting.
• Analyzed program performance through financial reports and variance investigations.
• Supported the Country Director with budgeting, proposal pricing, and annual reporting.
Reporting to: CFO
Responsibilities: Responsible to three branches (Erbil, Sulaymaniyah and Najaf)
• Ensured branch compliance with company accounting procedures.
• Performed comprehensive monthly reviews of branch financial activities.
• Reconciled branch accounts and verified fixed assets.
• Supported year-end inventory counts and financial adjustments.
1- Auditing and Attestation (4.0 hours): (AUD) – This section covers knowledge of planning the engagement, internal controls, obtaining and documenting information, reviewing engagements and evaluating information and preparing communications. 2- Business Environment and Concepts (4.0 hours): (BEC) – This section covers knowledge of business structures, economic concepts, financial management, information technology, and planning and measurement. 3- Financial Accounting and Reporting (4.0 hours): (FAR) – This section covers knowledge of concepts and standards for financial statements, typical items in financial statements, specific types of transactions and events, accounting and reporting for governmental agencies, and accounting and reporting for non-governmental and not-for-profit organizations. 4- Regulation (4.0 hours): (REG) – This section covers knowledge of ethics and professional responsibility, business law, Federal tax procedures and accounting issues, Federal taxation of property transactions, Federal taxation – individuals, and Federal taxation – entities.
B.Sc. Accounting, Faculty of Commercial Sciences