Finance Manager
SBK holding
مجموع سنوات الخبرة :18 years, 7 أشهر
Submit weekly reports to a board of directors approved from company internal auditors showing the current position of each company on the group -contain finance department notes and recommendation supporting with graphics.
ERP system implementation follow up with project manager and the IT team to ensure the smooth data flow between the departments - to show the correct impact at accounts/finance department.
Evaluate potential investment opportunities and capital projects to determine their financial feasibility, risks, and potential returns. Provide recommendations to senior management on which projects to pursue based on their alignment with the company's strategic goals and financial objectives.
Develop and maintain financial models and forecasts to support strategic planning and budgeting processes. Monitor financial performance against forecasts and identify areas for improvement or corrective actions.
Collaborate with tax professionals to develop tax strategies that optimize the company's tax position and ensure compliance with tax laws.
Prepare and analyze financial reports for senior management and external stakeholders, including financial statements, key performance indicators (KPIs), and financial metrics. Provide meaningful insights into financial trends and variances to aid in decision-making.
Monitor cash flow and liquidity to ensure the company has sufficient funds to meet its financial obligations and fund growth initiatives. Implement cash management strategies to optimize working capital.
Ensure compliance with financial regulations, accounting standards, and corporate governance principles. Stay updated on changes in financial reporting requirements and ensure the company adheres to them.
Provide financial analysis and support to other departments and business units to evaluate the financial impact of various initiatives, projects, or business decisions.
Analyze operating costs and identify opportunities for cost reduction and efficiency improvements across the organization.
Conducting banks relationship and facilities also make sure to have timely banks reconciliation in books.
submit weekly reports to a board of directors showing the current position of each
company on the group - showing finance department notes and recommendation
supporting with graphics.
- ERP system implementation follow up with project manager and the IT team to ensure
the smooth data flow between the departments - to show the correct impact at
accounts/finance department
-. Liaising with External Auditors and introducing continuous
improvement for effective and efficient running of business
processes and procedure.
- Controlling liability bookings and monitoring the expense
payment processing in Accounts payable function to ensure
appropriate level of compliance.
- Develop, implement, modify, and document record-keeping and
journal entries procedures, making use of MS Office - Quick books
peach tree - so fare & ERP System .
- Controlling liability bookings and monitoring the expense
payment processing in Accounts payable function to ensure
appropriate level of compliance.
- Daily management, controlling and reviewing of General Ledger transactions from
sub ledgers including Working Capital reconciliations, fixed Asset, A/C payables and
receivables with accurate recording of revenue and expense transactions.
- Cash flow projection of individual Projects as well as collective
- Conducting bank accounts reconciliation and ensuring integrity of
fixed asset accounting operations, Analysis & allocation of expense
according to cost centers.
- follow up and reviewing finance department activities along with employees
evaluation and make sure of transaction correction and effective on GL.
Tasks - submit weekly reports to a board of directors showing the current position of each
company on the group - showing finance department notes and recommendation
supporting with graphics.
- ERP system implementation follow up with project manager and the IT team to ensure
the smooth data flow between the departments - to show the correct impact at
accounts/finance department
-. Liaising with External Auditors and introducing continuous
improvement for effective and efficient running of business
processes and procedure.
- Controlling liability bookings and monitoring the expense
payment processing in Accounts payable function to ensure
appropriate level of compliance.
- Develop, implement, modify, and document record-keeping and
journal entries procedures, making use of MS Office - Quick books
peach tree - so fare & ERP System .
- Controlling liability bookings and monitoring the expense
payment processing in Accounts payable function to ensure
appropriate level of compliance.
- Daily management, controlling and reviewing of General Ledger transactions from
sub ledgers including Working Capital reconciliations, fixed Asset, A/C payables and
receivables with accurate recording of revenue and expense transactions.
- Cash flow projection of individual Projects as well as collective
- Conducting bank accounts reconciliation and ensuring integrity of
fixed asset accounting operations, Analysis & allocation of expense
according to cost centers.
- follow up and reviewing finance department activities along with employees
evaluation and make sure of transaction correction and effective on GL.
Tasks * Closely monitors and verifies the accounts on daily basis.
* Manage monthly general ledger posting & closing, passing
necessary journal entries to make system more accountable.
* Preparation of company’s financial reports (Monthly and Annual
or as per requirement).
* Full responsibility on handling Company’s Bank Accounts
(cheque issuances, wire transfers and journal funding transfers
and reconciles monthly bank statements/bank reconciliation).
* Working on Bank Guarantee and Letter of Credit transactions.
* preparing cash, bank and journal vouchers, their corresponding
postings and Preparation of Financial Statements on a monthly
basis.
* Monitors grant revenues and expenditures, ensuring data is
recorded in the company's financial accounting system
* Calculates and prepares reimbursement billings and tracks
receivables, reconciles monthly accounts receivable
* Prepare annual financial statements for the company
* Conducts fiscal year-end and fixed asset accounting
* Supervising the accounts division, maintaining control means
upon company's assets, liabilities, revenues and expenditure
* Making a high consistence between Accounts department and all
other company departments (purchase department, technical
department, executive department … etc)
* Presentation of the direct expenses structure which favorable with
construction stages and ensuring intense cost control of each
project sites by making periodical reports to the management
presenting current situation.
* Handling the petty cash account.
* Review subcontractor’s agreements.
* Prepares payroll of company’s employeesand labors as per MOL
requirements.
* Arranging various insurance products as per
company’s requirements.
* Liaise with financial institutions, banks and insurance
companies on matters concerning company's operation
* Prepares audit schedules for external auditors and acts as a
liaison between the company and auditors
* Performs other duties of a similar nature or level.
Tasks * Make full support to understand the program and help in
solve problems.