Chief Financial Officer (CFO)
FRD
Total des années d'expérience :20 years, 7 Mois
• Develops financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; developing action plans.
• Preparing Master budget (sales budget - operation budget - cash budget).
• Monthly budget variance analyses
• Preparing and Following up the costing sheet.
• Manage and develop Accounting, procurement, store, costing, HR and IT departments
• Monthly expenses analyses and avoiding extra cost
• Monthly reports to CEO
• Treasury management.
• Bank facilities
Determining the cash policy for the company - managing the treasury- Responsible about all banks facilities with Riyad bank and National commercial bank - preparing the budget and cash flow for the projects - studying and analyses the Expenses - preparation of Profit & Loss Accounts - preparing balance sheet. Preparing financial reports, budgets, cost reports and financial forecasts - Ensuring that the books of accounts are compiled every end of the month - Working with staff in the accounts department in determining the level of profitability of the company within a specified time
leading the accounting department - Gl review and posting - managing the treasury preparing cash budget -Bank Reconciliation - managing the banks accounts - loans and all the facilities(lc&lg&over drafts) - studying and analyses the Expenses - cash flow -review salaries- bank payroll - weekly and monthly reports - Forecasting - fixed assets -preparing Budget- Variances- Purchase Ledgers, Sales Ledgers, Creditors ledger, Debtors ledger, Stock book - monthly trial balances -preparation of Profit & Loss Accounts - closing balances at the end of the year - preparing balance sheet - internal and external reports as GAAP&IFRS requirements - tax inspection in Egypt
all banks communications (Riyad Bank - Al Rajhi Bank - Arab National Bank - Samba Bank - Saudi France Bank) renewal bank Facilities - Zakah - company classification in KSA - Aramco - Sabic- Petro Rabigh
preper balance sheet - prepare budgets for new projects with Aramco
leading the accounting department - weekly and monthly reports - purchasing budget - sales budget - Gl posting - review the cash transactions, vendors, clients, .payables, receivables
Leading the accounting department - bank transactions reconciliation expenses review -
Purchasing review - sales review - Creditors ledger, Debtors ledger - suppliers ledger - purchasing imprested - preparing the weekly and monthly reports - LCs - LG - General ledger - follow-up the payables and receivables - the Egyptian taxes inspection
Auditing the cash transactions and give the approval to pay or receive-auditing the cheques before the signature - auditing the bank statements (the bank expenses - the interests) with the bank agreement - reviewing the salaries - Auditing the LCs before making any swifts for the foreign suppliers - Auditing the daily entries - auditing the trial balances every month - be assuring that all the payments and receivables as the company polices. the monthly trial balances (customers - suppliers - Creditors - Debtors) - monthly expenses analyses - the monthly sales analyses - preparing the tax form 41 - The monthly sales tax report - all the Egyptian taxes inspections.
Training on Preparing and posting the daily entries for many companies -
Training on expenses, purchasing and sales analyses - suppliers trial balances
Customer's trial balances - creditor's trial balances - debtors trial balances
Training on tax inspections - preparing P&L statement - preparing the balance sheets
CMA - Part one - New system