Financial Planning and Analysis Manager
NMC Healthcare PLC
Total years of experience :16 years, 1 Months
• The preparation, development and analysis of management accounting information and provision of a high-quality support service to line managers within the organization.
• Currently the project manager of the committee assigned by the company board in the mandatory IFRS transition from SOCPA for all listed entities as required by Saudi Organization for Certified Public Accountants (SOCPA).
• BPO in Finance department in transition to new ERP system (SAP) involving data migration and completion of accounting set up (cost center/ profit center set up, flow of transaction and recording of entries in system etc.)
• Liaise with the IPO consultants/legal advisors, banks etc. at the time of floating of shares in the Saudi stock exchange.
Duties and Responsibilities:
Perform monthly balance sheet, income statement and changes in financial position/budget, variance analysis and Final Accounts.
Coordinate quarterly reviews, final year end audit and conclude within a tight deadline.
Involved in the uploading of quarterly/annual financial summary and providing financial analysis to the Saudi stock exchange (Tadawal) on Company performance/position.
Investigate and report to the Manager any inconsistencies or improprieties.
Analyze data to ensure proper accounting procedures have been followed.
Prepare financial reports, charts, tables and other exhibits as requested.
Provide timely, relevant and accurate reporting & analysis of the results of the division’s performance against historical, budgeted, forecasted and strategic planning results to facilitate decision-making toward the achievement of the budget and strategic plan.
Demonstrate appropriate understanding / working knowledge of accounting principles and internal controls, and apply them.
Planning and budgeting.
• Responsibilities including planning & supervision of statutory audits of both private and public sector companies in a wide spectrum of industries including; manufacturing, trading and investment.
The audits involved:
Review and assess completion of audits and ensure completion on time.
Review and assess completion of audits and ensure completion on time.
Coordinate with clients about auditing practices.
Train and mentor audit assistants and other audit staff.
Analyze financial data, records, reports and statements.
Initiate internal audit controls for effective financial management.
Coordinate with the management to take necessary action on audit findings.
Integrate best practices and systems into the audit programs.
Preparation & finalization of statutory accounts, audit reports, and management letters.
Achievements
Single headedly and extensive involvement in implementing CASEWARE (Audit Software).
Concluded some audits in very tight deadlines (eg. IKEA audit for the year ended 2010 in a month).
I have recommended internal controls and which has been successfully implemented by clients to their control environment and that has been well appreciated.
Duties and Responsibilities,
Checking suppliers’ payments including import payments & getting approval from directors.
Approving journal vouchers.
Preparing of import and export costing sheets and posting to the system.
Prepare standard journal entries and posting the all journal entries to the system monthly wise
Supervise the staff’s work and guide them to achieve monthly deadline.
Prepare and filing monthly VAT, NBT & WHT schedule and return.
Prepare and filing quarterly ESE schedule and return.
Prepare annual accounts and coordinate annual audit.
Communicate with key parties such as Inland Revenue.
Span of control is 03 to meet close dead lines.
Execute audit assistant functions to check the accuracy of accounting systems and procedures.
Review, assess and recommend changes in accounting systems and controls of a business unit.
Verify and review accounts receivable and payable ledgers and general ledger for its accuracy.
Check, inspect and reconcile bank deposits and payments.
Study, inspect and assess, budgets, balance sheets and other related financial statements and records.
Review and recommend changes in internal audit controls.
Check and verify accounting books and records are in conformity with industry practices and corporate policies.
Ensure compliance of regulatory guidelines and generally accepted auditing standards.
About to complete the degree. Pending with the dissertation which has to be submitted.
Member since 2011