Financial Manager
Alarabia Electrical co.
مجموع سنوات الخبرة :27 years, 6 أشهر
Managing the day-to-day accounting activities to ensure timely, comprehensive and accurate accounts in accordance with the law and the company's approved policies and procedures and international financial reporting standards.
Generate, review & analyze MIS reports for the purpose of reporting on key performance indicators.
Preparation of all the various financial reports and submit to GM.
Prepare budget estimates for the company before the beginning of each year, through communication with the departments and the financial results of current and past and projected.
Interact with auditors to ensure timely completion of audit related issues.
Ensure prompt collection of all credit sales and slow paying customers.
Successfully set credit limits for customers. Monitoring the work of collection dept
Set budgets along with the dept. heads, compare with casual's, analyze the variance and recommend necessary actions .
Ensure compliance with budgetary control and providing management explanation for major deviations from budget.
Regulate the relationship between the company's departments and private management, distribution and financial management, which can form the financial management of the settlement of accounts, distributors and publishers (clients) at the end of each month.
Generate MIS reports on monthly profitability of each publisher, fund flow statements.
Liaise with the collection dept for monitoring receivables, slow paying customers and bad debts.
Settlement of current accounts with the parent company and sister companies
Managing the day-to-day accounting activities to ensure timely, comprehensive and accurate accounts in accordance with the law and the company's approved policies and procedures and international financial reporting standards.
Generate, review & analyze the reports for the purpose of reporting on key performance indicators.
Preparation of all the various financial reports and submit to GM.
Prepare budget estimates for the company before the beginning of each year, through communication with the departments and the financial results of current and past and projected.
Interact with auditors to ensure timely completion of audit related issues.
Ensure prompt collection of all credit sales and slow paying customers.
Successfully set credit limits for customers. Monitoring the work of collection dept
Set budgets along with the dept. heads, compare with casual's, analyze the variance and recommend necessary actions .
Ensure compliance with budgetary control and providing management explanation for major deviations from budget.
Regulate the relationship between the company's departments and private management, distribution and financial management, which can form the financial management of the settlement of accounts, distributors and publishers (clients) at the end of each month.
Generate the reports on monthly profitability of each publisher, fund flow statements.
Liaise with the collection dept for monitoring receivables, slow paying customers and bad debts.
Settlement of current accounts with the parent company and sister companie
- Managing the day-to-day accounting activities to ensure timely, comprehensive and accurate accounts in accordance with the law and the company's approved policies and procedures and international financial reporting standards.
- Generate, review & analyze MIS reports for the purpose of reporting on key performance indicators.
- Preparation of all the various financial reports and submit to GM.
- Prepare budget estimates for the company before the beginning of each year, through communication with the departments and the financial results of current and past and projected.
- Interact with auditors to ensure timely completion of audit related issues.
- Ensure prompt collection of all credit sales and slow paying customers.
- Successfully set credit limits for customers. Monitoring the work of collection dept
- Set budgets along with the dept. heads, compare with casual's, analyze the variance and recommend necessary actions .
- Ensure compliance with budgetary control and providing management explanation for major deviations from budget.
- Regulate the relationship between the company's departments and private management, distribution and financial management, which can form the financial management of the settlement of accounts, distributors and publishers (clients) at the end of each month.
- Generate MIS reports on monthly profitability of each publisher, fund flow statements.
- Liaise with the collection dept for monitoring receivables, slow paying customers and bad debts.
- Settlement of current accounts with the parent company and sister companies.
- Reviews the monthly trial balance and investigate any discrepancies
- Review and approves all documents and agreements with Financial impact, from all departments.
-Analyze the cash flow plans to ensure maintaining adequate liquidity
- Supervise and coordinate work of subordinates in the finance and accounting functions and ensure the efficiency and the quality
- Prepare the monthly financial and accounting work plan and ensures its proper implementation
- Manage the implementation of new financial, accounting and budgeting system.
- Prepare and report to The Executive Manger "periodic reports regarding the finance and accounting status of the company" and the various functions.
- Coordinate with the external auditors .
- Review external and internal audit results and implements recommended actions.
- Controls the financial activities of the company in accordance with the policies and procedures .
- Study, analyze and recommend better ways to invest the company's funds.
- Undertakes any other duties as assigned by THE Executive Manger
- Preparing the adjustments of the journal entries.
- Reviewing financial data entering process.
- Figuring out as well as reconciling differences between variant accounts and Reporting discrepancies.
- Following up the work in the department.
- Auditing monthly payroll and bank transfers
- Member of yearly inventory committee for cashier on offices of Kuwait AIRWAYES CO. in Kuwait.
- Recording in account books.
-The control on receivables and the checking the cash flow.
- The control on the credit balances accounts and the debit balances accounts.
-The control on main stores accounts and the branches.
- Closing the imprested system petty cash with cashier and another staff.
- The control on accounts receivable and banks accounts.
- Doing documentary credits and closing it with the banks.
- Doing financial statements and the coordinating with auditors in final accounts
- Member in committee which to do the balance sheet, the financial statements.
