Finance Manager
RAMA Medical Group
Total years of experience :22 years, 9 Months
Job responsibilities:
• Managing Finance and Accounting operations.
• Coordinating and directing the preparation of the budget and financial forecasts and report variances.
• Preparing financial statements as per the timeline.
• Prepares and submission all budgets and forecasts covering all activities of the operations with the General Manager and other Department Heads.
• Examines the daily casts accounting reports and discusses with purchasing if special action is needed.
• Supervises the preparation of monthly journal entries, financial statements and supporting schedules.
• Ascertaining that all taxes, duties and licenses payable are paid when due.
• Implements and ensure compliance with internal control policies and procedures.
• Assess regularly internal control.
• weaknesses and execute remedy actions to resolve the same.
• Responsible for overseeing accounting procedures in accordance with international financial reporting standards.
Job responsibilities:
• Manage funds in different currencies’ and manage the liability side to insure the sufficient funds availability to meet ongoing operational and capital investment requirements without any difficulties.
• maintain a very good and strong relationship with Saudi banks in terms of direct facility (loans long & short) and indirect facility (LC, LG, etc.). • Provide and develop P&P for the company cash management and cash forecasting to facilitate the work.
• Focus and control the accounts' receivables operations in respect of sales orders, credit limits and collection according to the company credit policy.
• Prepare and reviews the ZAKAT and Tax (GAZT) in accordance with the company Finance department and the external auditor to insure completeness.
• Protect the company assist through a full insurance cover in order to reduce any future risks’.
• Educate and train the team by assigned their KPIs and focus on their achievements during the year.
Job responsibilities:
• Manage the accounts, budgets and financial activities of all business units in the Company in order to control the cost and meet the company business plans
• Responsible for supervising the overall accounting activities (GL, AP, AR, FA, Payroll, Project, Cost accounting, L/C & L/G).
• Direct operational and financial audits and monitor audit engagements to ensure auditing principles and procedures are implemented efficiently.
• Participate in the development of long-range financial forecasts to control the cost.
• Control and implement the company P&P and act as a supporting to ensure that all work within all areas are done smoothly as per the company plan.
• Guide, motivate and develop subordinates to work together as a team.
• Review and Monitor Daily Cash Flow.
• Delegate some responsibilities to appropriate subordinates in order to benefit from smooth running of the section’s operation. • Manage company full integrated Oracle based ERP System • Yearly review of Finance tax/Zakat declaration. • TAX” VAT & Excise TAX”/WHT finalization and compliance on monthly basis.
Job responsibilities:
• Supervises and manage all aspect of the accounts department including overseeing the flow of work and ensuring deadlines and department goals are met.
• Assisting in the preparation of Company’s Annual Budget.
• Preparing financial statement (Balance Sheet, Income Statement & the Operation Cash Flow Statement).
• Prepare Monthly Management Reports (Financial Statement).
• Prepare Analytical Supported Reports on the Company’s Activities.
• Review and Monitor Daily Cash Flow.
• Prepare and Monitor Capital Expenditure of all Company’s Assets.
• Review and supervise all Accounts Transactions.
• Manage and controls all the leasing sales
• Review Payroll Transactions
Monitoring and reconciling the Major Suppliers’ Accounts.
• Reviewing Receivables and preparing the Aging analysis reports.
• Monitor and follow up the implementation of collection plans to ensure that agreed collection targets and objectives are met and initiate a corrective action
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• Controlling the preparation of year end audit file as per the External Auditors requirements.
• Participate in the preparation of upgrading the system of BAAN - from BAAN4 to BAAN system Kingdome wide.
• Handles special project as assigned.