Finance Manager
Light Fields Food Stuff Company
Total des années d'expérience :10 years, 3 Mois
• Managing daily accounting operations to ensure to that work process are implemented as designed and comply with the IFRS.
• Ensure accurate financial reporting by analyzing data and generating reports on transactions to ensure top management has accurate information.
• Managing payments for suppliers and secure approval to ensure that payments are made in a timely and efficient manner.
• Monitor payroll related processes and procedures to ensure timely payments to staff.
• Monitor accounts receivable to ensure money is collected on timely basis and to create the provisions as required.
• Reporting to management and providing advice how the company and future business decisions might be impacted.
• Prepare, monitor, and control the budget analysis and forecasting as well as comparison to ensure realistic budget to advice.
• Developing strategies that work to minimize financial and operational risk.
• Developing strategies on fund procurement through banks and other financial institutions.
• Managing cash flow and predicting future trends.
• Analyzing the profitability by product, customer and division and providing the necessary suggestions to top management to take decisions.
• Supporting the pre-operating activities of new business unit in Saudi Arabia.
• Supporting the implementation of new ERP system called Microsoft Dynamic 365.
• Submitted monthly P&L along with budgets and variations to top management.
• Implemented internal controls to enable the preparation of financial statements.
• Enhanced audit controls by improving planning and testing processes.
• Coordinated month-end and year-end closing activities to ensure timely reporting.
• Calculated and evaluated the product cost & performed the analysis of product cost.
• Ensured compliance with relevant IFRS standards.
• Provided financial models and forecasting.
• Managed relationship with Financials Institutions, preparation of budgets, Project Finance to be submitted to banks.
• Carryout monthly analysis of contribution margin, breakeven analysis, and other KPIs.
• Evaluated profit of promo proposal to all markets or locations.
• Determined selling price for new products and price increase for loss making items.
• Determined standard costs and investigate variance with actual cost.
• Monitored change in processes or methods to calculate effects on overall cost.
• Assessed the company’s scale of preference to analyze the opportunity cost of given operations.
• Assisted with the annual budgeting process.
• Coordinated physical inventory and cycle counts.
• Vouching & verification of Invoices.
• Data entering via Tally ERP.
• Trial Balance preparation.
• Assisted in Monthly sales tax return filling( Value Added Tax- VAT)
CMA
B. Com
10+2
Highschool