Finance Manager
Wared Al Ebdaa
Total des années d'expérience :19 years, 0 Mois
• Lead and managing the Finance Dep. With overall responsibility for the entire financial function.
• Create And monitoring financial control system.
• Provide financial advice to the executive management by analyze factors affecting the business. And recommending further courses of action
• Overseeing and directing the annual budgeting process and KPI’s.
• Monitoring and direction the accounting team to ensures that all accounting requirements and company policy are met efficiently and effectively.
• Monitoring and assessment of process performance to Keep Continual Process Improvement (CPI).
• Analyze the cost, expenses, to improve the operation performance.
• Conduct reviews and evaluations for cost-reduction opportunities.
• Coordinate with various other departments, discussing company plans and agreeing on future paths to be taken.
• Prepare ad hoc reports and Financial Statement.
• Managing the all-general accounting function.
• participate in decision making and offer solutions/recommendations to operations for cost controls and improvement of processes, procedures, operations and profitability
• Tracks progress of business performance by evaluating key operating indicators, sales, gross margin, SG&A, and excess inventory.
• Ensure an accurate, clean timely reporting of all monthly, quarterly and year end close financial information.
• Evaluate and implement an internal control producer to reasonable assurance regarding objectives.
• Maintains sufficient funds by forecasting cash Revenues and obligations.
• Provide ad hoc information and reports to support business decisions as and when requested for by the Financial Controller.
• Support the internal & external auditor by providing all necessary info. Required to ensure that outcomes represent a Reliability & integrity of financial and operational information
• Heading the Accounts Payable Section, supervising a team of two (2) accountants, and reporting to Finance Manager.
• Monitor tracking of all payments and expenditures, including claims, TPA Fees, purchase order, invoices, payroll.
• Review invoices and requisitions for satisfactory payment approval
• Doing Cash position Report to verify financial & fund data for use in maintaining accounts payable records, and provide other support necessary to pay the obligations of the organization.
• Managing correspondence with vendors as required.
• Prepare & review ad hoc reports as per Senior Management requirements
• Prepare the Accruals, Prepaid & Fixed Assets Depreciation reports.
• Approve transactions to be posted, and perform closing of AP system.
• Continuous enhancement of payable process
• Managing all day-to-day operations of the Accounting Department (comprising of Accounting, Collection, Credit and Inventory) in Central Region, which includes Showroom, Store &Workshops.
• Achieving 20% of cost reduction by Conduct reviews and evaluations for cost-reduction opportunities.
• Doing internal control to insure the company policy properly executed.
• Compiling integrated revenue/expense analyses and projections reports for Senior Management.
• Participate in setting Financial KPIs for the Central Region Operations.
• Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
• Prepare ad hoc reports as per HQ Senior Management requirements
• Managing all Accounting activities in the branch staff assigned to Branch
• Managing branch book keeping (i.e. accounts receivable, accounts payable, fixed assets, etc.).
• Planning and reporting branch operations’ results (i.e. budget, 3YP, monthly / weekly financial reporting etc).
• Coordinate with Finance Manager for receiving all required documentation for reconciliations, and for investigating and resolving outstanding reconciliation items
• Effective financial management of the branch fixed assets (control on purchasing/rental, documentation, inventory, internal exchange, depreciation, valuation, and disposal)
• Ensure smooth and timely coordination between Accounting Department and other branch department managers (Sales, operation, HR)
• Continuously propose improvement to department processes to ensure efficient management of payables and receivables, timely completion of reconciliations, timely reporting & closing (monthly, quarterly, etc.), and the accuracy and completeness of accounting data.
• Create and process intercompany transactions and month end close activities.
• Compile, consolidate, and conduct basic analysis of accounting and finance information.
• Assist with the production of monthly and annual financial statements, and reports submitted to the board.
• Perform accounts reconciliations and investigate discrepancies.
• Ensure the accurate and timely recording of intercompany activity, including current, long-term and investment / equity based entries.
• When needed participate as a team member on complex projects assigned by the group CFO.
• Implement internal controls on intercompany process to ensure compliance with preset budget allocation
• Manage &/or supervise receivables processing, follow up, and collection to result in a favorable project cash flow.
• Prepare cost-plus contract billings, ensuring all allowable costs are billed in a timely manner.
• Set up subcontractors’ accounts and process subcontractor applications when appropriate.
• Review equipment &/or materials pre-bill reports and work with Project Manager to ensure accuracy.
• Monitor project cost, and report relevant information to the project team and/or finance & Accounting Manager.
• Prepare Monthly/Quarterly -end budget closing & analysis.
• Prepare monthly management and joint venture reporting.
• Stock controlling.
• Auditing and managing the salesmen.
• Auditing and supervising the cash.
• Reviewing the Statement of Customer and Vendors.
• Preparing the monthly payroll.
• Ensure that each customer receives outstanding service by providing a friendly environment, which includes greeting and acknowledging every customer, maintaining outstanding standards, solid product knowledge and all other aspects of customer service.
• Accurately and efficiently ring on registers and accurately maintain all cash and media at the registers.
• Maintain orderly appearance of register area and supplies stocked.
• Monitor production cost, and report relevant information to the production manager and/or finance & Accounting Manager.
• Monitor inventory levels of all components and raw materials needed to properly produce product against finished product inventory and in line with company sales forecast.
• Create, implement, and sustain policies and procedures to insure maximum resources utilization and minimal production cost.
• Coordinate production job scheduling with Production manager on a daily basis to assure efficient and cost effective use of machinery and resources.
• Work directly with Inventory Control to insure the material handling protocols and inventory transactions are properly executed.
• Generates reports on productivity, production status & cost, and labor hours for Weekly Business Reviews.
• Control Bill of Material (BOM) to record Manufacturing cost & Price.
• Manage all administrative duties (payroll, team member schedules, etc.)
B. of Commerce Accounting Major