Financial Manager CFC
The Gate For Mineral Oil
مجموع سنوات الخبرة :21 years, 8 أشهر
• DIRECT AND OVERSEE ALL ASPECTS OF THE FINANCE & ACCOUNTING FUNCTIONS OF THE ORGANIZATION.
• ENSURE CREDIBILITY OF FINANCE GROUP BY PROVIDING TIMELY AND ACCURATE ANALYSIS OF BUDGETS, FINANCIAL TRENDS AND FORECASTS.
• PROVIDES LEADERSHIP IN THE DEVELOPMENT FOR THE CONTINUOUS EVALUATION OF SHORT AND LONG-TERM STRATEGIC FINANCIAL OBJECTIVES.
• REVIEWING DOCUMENTS AND CLAIMS FOR ACCURACY, COMPLETENESS AND UNIFORMITY TO FINANCIAL POLICIES
• DEVELOPING AND MAINTAINING INTERNAL CONTROL AND EFFECTIVE ACCOUNTING SYSTEM AND POLICIES.
• APPLYING UNIVERSAL FISCAL POLICIES AND PROCEDURES.
• BUDGETS: WORKS WITH ALL DEPARTMENTS TO ESTABLISH AN OPERATING BUDGET REFLECTING THE CURRENT BUSINESS PLAN AND ALLOWS PROPER RESOURCES FOR GROWTH.
• ACCOUNTING PROCEDURES: ENSURES ALL ACCOUNTING TRANSACTION PROCESSES REFLECT BEST PRACTICES AND SUPPORT DATA INTEGRITY.
• AUDITING FUNCTION: ARRANGES FOR AN AUDITING FUNCTION OR ENTITY TO PROVIDE ACCOUNTING OVERSIGHT AND REPORTING VALIDATION.
• CASH FLOW CONTROLS: ENSURES TIMELY REPORTING AND CORRECTIVE ACTIONS TO MAINTAIN CASH LEVELS AT PLANNED LEVELS.
• SPENDING AUTHORIZATION: ESTABLISHES THE AUTHORIZATION PROCEDURE FOR ALL COMPANY EXPENDITURES.
• ENSURE THAT ALL MAJOR FINANCIAL (OR OTHER) COMMITMENTS WITH OTHER PARTIES ARE COVERED BY A LEGAL WRITTEN AGREEMENT.
• RESOLVE ACCOUNTING DISCREPANCIES AND IRREGULARITIES.
• CARRY ANY OTHER DUTIES AS MAY BE DIRECTED BY THE DIRECTOR.
• PREPARE ALL TRANSACTIONS AND ACCOUNTING SYSTEM ENTRIES
• PREPARE DIFFERENT KINDS OF MIS REPORTS - TO THE CHIEF ACCOUNTANT - RELATED TO THE ACCOUNTS RECEIVABLES, PAYABLES, BANKS AND PAYROLL
• ASSIST THE CHIEF ACCOUNTANT TO SOLVE ACCOUNTING PROBLEMS
• PREPARE ALL FINANCIAL STATEMENTS AT THE END OF EACH MONTH AS WELL AS AT THE END OF YEAR
• ANALYZE THE PREPAID EXPENSES & FIXED ASSETS
• WORK AS THE TRAINEE AUDITOR FOR 3 MONTHS
• GOING WITH EXTERNAL AUDITORS STUFF TO MAKE THE AUDITING OBLIGATIONS FOR OUR CLIENTS (JUNIOR)
• PREPARE & RECORD THE NOTES ABOUT OUR AUDITING (SEMI SENIOR)
• ASSIST CHIEF AUDITORS TO PREPARE THE REPORTS ABOUT ACCOUNTING DEFECTS OF OUR CLIENTS ACCOUNTING SYSTEM (SENIOR)
• ENSURE FINANCIAL RECORDS ARE MAINTAINED IN COMPLIANCE WITH ACCEPTED POLICIES AND PROCEDURES
• ENSURES APPROPRIATE COMMUNICATION CHANNELS ARE MAINTAINED WITH REGULATORS AND INTERACTIONS ARE LOGGED INTO THE REGULATORY INTERACTION MANAGEMENT SYSTEM (RIMS) OR OTHER SYSTEM AS NEEDED.
CFC is administered by AAIFM (The American Association for Investment and Financial Management); one of the most renowned associations for financial management and investment in the United States. By earning CFC candidates demonstrate that they have mastered the financial management body of knowledge, obtained the skills of financial management, and committed to AAIFM core values and code of ethics. Earning your CFC designation not only broadens your skill set, it demonstrates a standardized level of industry knowledge, making you a recognized leader in financial management. CFC Certification Preparation If you are studying in order to prepare for the CFC exam; AAIFM provides candidates with training sessions for many of the exam questions. AAIFM also provide thorough training for the exam modules using its learning system through authorized training providers and prometric centers worldwide. AAIFM CFC Recertification Once you have passed the CFC exam and received your certification, you will need to stay up to date on developments in financial management practices. To prove you have maintained and updated your financial management knowledge and skills, AAIFM requires that you recertify every 4 years. (please refer to recertification for more info) Requirement: A passing score on the CFC Examination. Bachelor Degree in any field and; A minimum of two years experience in any related financial area (finance, accounting, investment…). Exam Format: The CFC (Certified Financial Controller) examination is a 3-hour exam, 100 multiple-choice questions examinations. The exam is given in booklet form. Exam Outline: 1) Analysis of Financial Statements and Cash Flow 2) Financial Forecasting Planning and Budgeting 3) The Management of Working Capital 4) Short-Term Financing 5) Time Value of Money 6) Risk Return and Valuation 7) Capital Budgeting Including Leasing 8) Capital Budgeting Under Risk 9) Cost of Capital 10) Leverage and Capital Structure 11) Dividend Policy 12) Term Loans and Leasing 13) Long-Term Debt 14) Preferred and Common Stock 15) Hybrids Derivatives and Risk Management 16) Mergers and Acquisitions 17) Failure and Reorganization 18) Multinational Finance