Finance Manager - Reporting & Strategy
Gosaibi Foods Company
مجموع سنوات الخبرة :8 years, 10 أشهر
Popeyes, Vanellis & Caliburger Franchisee for entire KSA
Heading the finance division of Gosaibi Foods Company; Operating at two levels; Strategic level, a business partner to the board driving/leading financial strategy supporting organizational growth as well as manage core operational tasks, issues and optimize the current system.
Strategic Planning: Providing strategic input, insights, and recommendations on business plans and strategic decisions, supporting their 100 outlet growth plan
Budgeting &Forecasting: Heading the budgetary process and forecasting resource requirements
Risk Management: Enhancing policies, procedures & internal controls to effectively manage internal risk while ensuring external market risks are identified and quantified with stress testing to assess impact
Systems: Implementing ERP MS Dynamics, POS LS Hospitality.
Implementing the manufacturing system for 2 central production kitchens of the business.
Directed Treasury Management: Managing cash resources efficiently by optimizing WC (inventory optimization, A/P, cost control, Cash)
Evaluating and approving financial viability of all business opportunities, capital investments, using various tools as suitable Payback, ROI, NPV, IRR.
Corporate Finance: Planning the investments and capital expenditure for the business and coordinate to obtain financing for both short&long term
Driving Efficiency: Evaluating current business and identifying possible efficiencies and cost savings to increase profits
Accounting and Financial Reporting: Ensure checks and balances are monitored and accurate IFRS compliant financial statements are produced
Tax/Zakat: Devising tax saving strategies, finalzing tax workings with Deloitte and DZIT
Develop/Enhance new policies, procedures, processes, working methods, analytic tools, standards or operational plans and deliver results with direct impact on the department and overall targets
People Managment: Team hiring, training, developing, motivating and delegating
Al Mana Group is one of the largest diversified conglomerates in the GCC. The group engages in Automotive (Nissan, Infinity & Renault), National Rent a Car, Real Estate (Luxury Complexes and office building in Qatar and Dubai, Mirqab Mall, Doha Mall), Retail ( Hermes, Go Sport, Mango, BHS, Armani, Food and Beverage( McDonalds, Illy Café, Busaba Ethai, Bateel Bakery, Haagen Daas etc), Private Equity, Engineering, Technology, Entertainment (Flick Cinema, Funderdome play Centre) Etc.
Al Mana is one of the largest and most diversified groups in the region, operating with over 55 companies under the umbrella across 8 countries.
Directly Reporting to the Group AGM
Managed cluster with multiple business units, brands, and investments spread across the UK, Ireland, UAE, KUWAIT & QATAR. Managing a global team of 6 Finance Business Partners
1. Steup up entire finance function for subdivisions globally with sound internal controls, designing chart of accounts aligning to the consolidation requirement
2. In charge of financial and accounting systems of business units driving the checks and balances of the month-end closing process Ledger/Reconciliation to produce accurate accounting
3.Consolidation of financial statements for all business units.
4.Monthly, Quarterly & Annual preparation of Financial statements adhering to IFRS and group policies with commentaries
5.Investment/Feasibility Analysis - compiled investment appraisals and financial models to derive NPV, IRR, ROI, PAYBACK and Gearing structure for new investments/ventures/projects. This includes meeting and brainstorming with Divisional Managers and finally with MD.
5.Cashflows Managment; region-wise cash forecasting and liquidity management
6.Budgeting, Forecasting, and variance analysis
7.Review and Finalizing Statutory Returns VAT for UK, IRELAND
8. Corporate finance; Successfully facilitated AED 400mill + loans at best rates
Etc
Carrier is the world’s leader in high-technology heating, air-conditioning and refrigeration solutions. Carrier is part of UTC Building & Industrial Systems, a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide.
Reporting to : Finance Controller
Responsibilities and Achievements;
-Inventory Reconciliation - reconciled and found major variances
-Managed the accurate and timely processing of monthly invoices for large multi-site operations.
-Assessed and closed A/P sub-ledger
-Consistently maintained accuracy in calculating figures relating to discounts, interests, commissions & percentages.
-Supported the core finance team in establishing process improvements, control mechanisms and SOPs.
-Rebuilt trust with vendors/suppliers, repairing damaged relationships by ensuring timely, correct payments for all goods/services received.
Trained in HFM Hyperion Financial Management, SOX Procedures
Resigned due to the scope of work.
Tellida is a Finance and Accounting offshore service provider which performs entire finance and accounting function on behalf of the following UK clients,
1) Wilkins Kennedy Chartered Accountants UK
2) Tax Clarity UK
3) Hodders Law UK
Managed : 20 Staff
Reported to : Manager Finance, Director Finance and CFO for clients
I have worked as a Senior Accountant, Finance Controller for Clients.
-Promoted to Supervising a team of 20 members on the following.
-Quality Assurance of process and all Financial information sent out to the client
-Financial Reporting & Analysis for the clients
Coordinated activities with Wilkins Kennedy CHARTERED ACCOUNTANTS UK team for requirement gathering, customization, data migration and deployment of their clients.
-Accounts payable and receivable process - Supervising Sales invoicing, customer followups, batch payments etc. of clients
-Bookkeeping - Making sure bookkeeping process runs smoothly.
-Management accounts and related monthly management report including expenditure control review where necessary. Provided proactive identification and communication of project risks and/or barriers to project success, and worked with management to resolve.
Statutory returns including filing for VAT / PAY
Filing Tax returns on behalf of the clients of Wilkins kennedy, complicated VAT reconciliations, Maintain other Reconciliations for the balances sheet.
Budgeting and performance analysis reports - Managed client’s budgeted accounts and informed management of issues concerning clients account performances
Payroll - Including HMRC UK forms
Tailor made financial set up processes
Involved in ISO 27001 Information Security Certification thereafter involved in compliance, supervision and reporting.
Coaching and Leading
Administered multiple teams and coordinated with offshore resources; and partnered with third party vendors.
Assisted the Chief Accountant of Wilkins Kennedy CHARTERED ACCOUNTANTS UK on the preparation of consolidated financial statements (Monthly Profit and Loss, Balance Sheet), Working papers, Budgets, Sales invoicing, Accounts Payable for their clients.
Worked closely with auditors to finalize periodic financial statements for the clients
Involved in ISO 27001 Information Security Certification thereafter involved in compliance, supervision and reporting.
• Posting of invocies, issuing sales invoices,
• Handling petty cash
• Posting journal entries
• Assisting the Chief Accountants in all tasks
• Isssuing Purchase Orders.
• Preperation of Project costing
• Preperation of Financial Statements.
