Group Finance Manager
Delights food group " Jolt & Hi & Alfies & Maqsaf & Bones "
مجموع سنوات الخبرة :12 years, 5 أشهر
Food Chain Brands - Alfie’s Coffee, Maqsaf, Amm Mahmood, Kabab Ehsan, Treats, Roo’s & Emily
Perform risk management by analyzing the organization’s liabilities and investments.
Decide on investment strategies by considering cash and liquidity risks.
Control and evaluate the organization’s fundraising plans and capital structure.
Ensure cash flow is appropriate for the organization’s operations.
Supervise all finance personnel (controllers, treasurers etc.)
Manage vendor relationships.
Prepare reliable current and forecasting reports.
Drive the company’s financial planning.
Coordinate development of annual operating, capital, and project budgets.
Develop and implement best practices and tools to ensure strong fiscal management, project coordination,
cross-team communications, and workflows.
Research revenue opportunities and economic trends, analyze internal operations, and identify areas for
cost reduction and process enhancement.
Monitor business performance with tracking tools, establish corrective measures as needed, and prepare
detailed reports for earnings calls, management team, and rest of company.
Identifies opportunities for expansion into new product areas.
Oversees investment of funds and works with investment bankers to raise additional capital required for
expansion.
Assuring legal and regulatory documents are filed and monitoring compliance with laws and regulations.
Managing the delivery of management and financial accounts
Financial and statutory reporting
Managing working capital, year-end preparation & liaising with Auditors
Defining and developing accounting policies and processes
Producing monthly and quarterly KPI reports, providing analysis to improve profitability.
Partnering with stakeholders to establish financial targets, budgets, and business plans.
Directly mentoring, developing, and managing Accounts department.
Prepare feasibility study of new & renovate stores to make sure strong profitability.
Provide store level profitability target to meet overall annual budget.
Analyze, monitor, and measure marketing campaign/activities, review promotion plan and identify appropriate solution that meet the business requirement.
Identify opportunity areas to improve profit of non-performing stores.
Monitor store internal control compliance and effectiveness.
Identify & implement process improvement opportunities to support store operations.
Prepare cash flow projection to ensure that the Company always has sufficient funds for monthly operations.
Coordinate the end of month closing process to ensure all corporate deadlines are met and information is presented in accordance with GAAP.
Prepare monthly financial reports, reconcile bank and cash accounts, generate ad-hoc reports, and provide reports to management regarding significant expenditure fluctuation.
Month end activities, including preparation of journal entries of accrual and reversal entries, analysis, amortization of prepaid accounts and other closing entries.
Assist management on financial issues and explain their results on financial position.
Assist in implementing financial systems, document changes and updates to the system, and resolve
technical problems.
Provide support for assistant accountants in general accounting and related functional areas.
Prepared quarterly and annual financial statements, payment schedules and financing schedules.
Prepare and maintain weekly cash flow forecasts to ensure smooth operations in terms of payments.
Prepare and update management monthly projects cash flow forecast.
Analyzed quarterly and annual financial statements using trend, variance and what-if scenarios and
generated specialized ad-hoc reports for management reporting
Intercompany reconciliations of over 4 different entities.
Prepare schedules and produce required documentation for Big 4 firm’s annual audit.
Manage Staff Accountants - Recruit, hire, train, and manage workloads and schedules.
Processed monthly payrolls for hourly and salaried employees.
Recording all JVs of projects & Petty cash
Review and record contractors' extracts
Matching accounts with customers and suppliers
Establish fixed assets and making and necessary depreciation of
assets
Receipt and registration of invoices from suppliers
Having mixers and crushers in project, Record of all accounting
records of their bills of exchange, receipt, and transfer of materials
Record company's equipment cards to accounting program
Prepare exchange and receipt vouchers for project warehouse
Follow up projects and necessary reports and analysis of project
accounts
Uploading salaries & necessary analysis of employee benefits and
advances
Boarding staff timecards on program
Doing necessary reports to manage budget
Reconciling and matching bank accounts
Processing of bank credits and necessary restrictions
Analysis of company's accounts of expenses and revenues
Worked as project accountant for year and half named " development
of second phase of industrial city of Al-Kharj " Value of project
500, 000, 000 riyals
Preparing journal entries
Follow up stock & Inventory control
Preparing sales Tax report & withholding tax report
Monthly accounting, analysis, and reporting of Logistics (Freight,
Packaging expenses for Company
Provide internal audit of Stock in Warehouse
Co-ordinate with various parties for signing financial contracts and
agreements, with thorough adherence of legal issues
Assisting with year-end audit and statutory accounts preparation