regional financial controller
Sukhtian group - Jordan
Total years of experience :29 years, 11 Months
• Creates and delivers periodic region-level business performance reviews to the chairman, including but not limited: Monthly Financial Review, Monthly Business Reviews, Annual Business Review, P/L reviews and day-to-day root cause/exception analysis.
• Conducts financial evaluations of proposed projects and investments by gathering assumptions, making financial projections using discounted cash flow principles and ultimately creating region-level business cases that substantiate the rationale for investments.
• Business management to maintain a strong understanding of the key business drivers of the region, specific business processes and priorities, and future strategic direction of the region.
• Provides financial support and guidance to region and area supervision for the target and goal-setting processes.
• Supports strategy development in the context of the Region Plan to win process by providing financial support, forecasting and analytics in development/support of identified opportunities.
• Ensure quality control over financial transactions and financial reporting.
• Keeps region/area supervision informed of broad economic trends and development.
• Collaborates with corporate team members to support region/area supervision’s financial analysis needs.
• Develops and fosters a cross-functional team approach, providing financial management support to all levels of the business team. Contributes to the development and execution of business team priorities by participating in local cross-functional joint issue identification, analysis and resolution with management and other local business partners.
• Addresses issues with appropriate teams to develop plans of action. Identifies opportunities to improve processes and practices. Works with business and functional teams to develop consistent management reporting and processes.
• Leads the preparation of financial forecasts, targets and budgets, including the identification/quantification of risks and opportunities; involves facilitating the negotiation and agreement of key metrics and inputs.
• Performs periodic analyses of variances compared to target, plan, forecast and prior periods.
• Develop and document business processes and accounting policies to maintain and strengthen internal controls.
• Provide Financial Support for Manufacturing Operations with dotted line reporting to Chairman.
• Responsible for all aspects of Cost Accounting including inventory valuation, variance analyses, yield measurement, and standard cost maintenance.
• Responsible for Manufacturing Internal Controls, including establishing and maintaining procedures to insure accurate recording, measurement, and reporting of Manufacturing activities and inventory.
• Forecast and report key manufacturing (costs, inventory, yields, variances) with appropriate frequency (weekly in many cases)
• Manage cost accounting personnel (currently two cost analysts)
• Coordinate Monthly Manufacturing Close process.
• Re-engineering SOP’s to the regional.
Review and negotiate best prices;
Check monthly creditors recons;
Completion of tender documents;
Financial reporting to banks and shareholders;
Manage all Financial Institution activities;
Present monthly financial management reports in line with agreed agendas at MANCO;
Maintaining of business bank accounts;
Review WIP and variances;
Manage GRN system; allocating expenses to correct account codes, capturing of invoices;
Submitting Annual Department of Labour Return of Earnings;
Ensuring all loan covenants are met;
Completion of DTI Submissions;
Set-up debtors and creditors accounts on Sys. Pro.;
Monthly management accounts
Assist to develop the organization’s yearly audit plan
Handle audit assignments, review all paperwork and audit reports
Review the reports that were prepared by other auditors
Initiate different project planning and help to assess risk.
Develop audit direction for the rest of the auditors in the organization
Provide leadership to other auditors on various assigned tasks and ensure satisfactory outcomes
Perform different audit tasks which include preparation, paperwork, and other associated reports
Help to verify the exactness of different financial situations as they relate to liabilities, assets, expenditures,
receipts, and other transactions
Take part in the coordination of audit assignments and ensure good interactions with the administrators,
staff, external auditors and law enforcement agencies
Participate in the development and implementation of policies by providing short and long-term planning
Recommend different methods that could help to enhance and improve control procedures
Work with the management to resolve issues that may have been identified through audit findings
Conduct follow-up on all the different audit assignments given to other auditors
Make a research on the latest trends and other issues relating to the industry
Guild and advise the team in the organization to ensure that the development and processes adopted are
legal, and work to achieve a wide range of organizational goals
Ensure proper documentation of the results of the audit evaluations
Plan and allocate resources and staff in accordance with their skills and schedules
Ensure that audit software are up-to-date
Perform other related assignments as assigned by the management.
• Conducts financial evaluations of proposed projects and investments by gathering assumptions, making financial projections using discounted cash flow principles and ultimately creating region-level business cases that substantiate the rationale for investments.
• Business management to maintain a strong understanding of the key business drivers of the region, specific business processes and priorities, and future strategic direction of the region.
• Provides financial support and guidance to region and area supervision for the target and goal-setting processes.
• Supports strategy development plan to win process by providing financial support, forecasting and analytics in development/support of identified opportunities.
• Training traders to work in the platforms inter face, & ERP System.
• Conduct corporate financial analyses, and train traders to read those analyses to reach available profitability opportunities.
The Center for Environment and Development for the Arab Region and Europe CEDARE, Cairo, Egypt Regional Financial Assistant, MDG’s Monitoring and Evaluation for Water in North Africa (An AFDB-funded Regional Project) Job Description: • Executing project procurement and expenditures, in accordance with Budget and AFDB policies. • Responsible for financial reporting and expenditures. • Establishing communication with AFDB for timely disbursement of payments and transfers. • Preparing bank transfers forms and follow up on execution of transfers and payments. • Preparing for external auditing requirements of project expenditures. • Preparing payment and reimbursement memos and checks and follow up on timely payments. • Communicating regularly with the financial assistants of the 6 national focal institutions in the 6 North African countries to provide financial guidance ensuring proper national financial reporting as per guidelines. • Planning and managing the cash flow and expenditure of the project. • Allocating/reallocating expenses as advised by the project documents and AFDB rules. • Maintaining petty cash expenditures and records. • Preparing quarterly and monthly financial reports. • Processing Personnel/Staff time sheets. • Ensuring that financial records are maintained and properly filed to date. • Electronically registering all financial transactions in the project financial system and preparing financial reports requested.
• Development finance and accounting department.
• Design Polices, and procedures to all departments.
• Follow up contracts with Customers, and analyses the cost of each contract.
• Manage suppliers, consultants, staff, banks, auditors: from negotiating the contracts, to checking and paying invoices and classifying all relevant documents.
• Oversee, review, audit, and approve all accounts payable, purchase orders, cash receipts, business licenses, payroll, utility billing, and other accounting records and transactions; prepare, review, correct and distribute expenditure reports to all departments.
• Oversee and coordinate the fiscal year end process, ensuring accurate and timely closing of the year end books for auditing functions and costs are kept to a minimum.
• Development and administration of the annual budget; forecasting financial expenditures for staffing, equipment, materials and supplies; monitor and approve expenditures; implement adjustments.
• Prepare monthly financial statements and reports; monitor cash balances to ensure adequate cash; maintain budgetary control records.
• Plan, organize, control and evaluate the operation of the accounting department.
• Develop and implement the financial policies, systems and procedures of the establishment.
• Manage the financial planning and budget process, and analyze and correct estimates.
• Prepare the statement of company’s financial position (Balance Sheet), Statement of Earnings (The Income Statement), Statement of Comprehensive Income, Statement of Cash Flows and Statement of Changes in Owners’ Equity.
• Examine and analyze journal and ledger entries, bank statements, inventories, expenditures, tax returns and other accounting and financial records.
• Review the estimated liability & accrued liability.
• Analyze company cost structure, both direct and indirect, and coordinate with department heads to continually control and decrease costs.
• Manage the local accounting environment.
• Provide full accounting guidance to the local management and service departments.
• Provide relevant data to and cooperate closely with financial controlling
• Secure accurate reflection of all business transactions in the financial reports
• Analyze and improve administrative processes
• Provide financial advise and information to the local management
• Other accounting and controlling task.
• Ensure consistency of reporting and planning functions for all businesses.
• Oversee annual audit process to ensure audits and financial statements for all entities are completed in due time.
•Plan, direct, coordinate and review the work plan for accounting staff; assign work activities and projects; review and evaluate work products and procedures.
•Oversee and participate in the development and administration of the Foundation’s annual budget; participate in the forecast if funds needed for staffing, equipment, materials and supplies; monitor and approve expenditures; implement adjustments.
•Prepare monthly financial statements and report; monitor cash balances to ensure adequate cash; maintain budgetary control records.
•Manage the local accounting environment.
•Oversee, review, audit, and approve all accounts payable, purchase orders, cash receipts, business licenses, payroll, utility billing, and other accounting records and transactions; prepare, review, correct and distribute expenditure reports to all departments.
•Provide full accounting guidance to the local management and service departments.
•Secure accurate reflection of all business transactions in the financial reports
• Analyze and improve administrative processes
• Provide financial advise and information to the local management
• Other accounting and controlling task.
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• Recognize inventory and expenditures in journal and ledger entries.
• Audit the Statement of Financial Position, Statement of Comprehensive Income, Statement of Cash Flows and Statement of Changes in Owners’ Equity & all entries.
• Plan, Organize, Control and Evaluate the Accounting Department.
• Develop and implement the financial policies, systems and procedures.
• Manage the financial planning and budget process, Feasibility Studies and analyze and correct estimates.
• Prepare the statement of company’s financial position (Balance Sheet), Statement of earnings (The Income Statement), statement of comprehensive income, state of cash flow & Statement of Changes in Owners’ Equity.
• Examine and analyze journal and ledger entries, bank statements, inventories, expenditures, tax returns and other accounting and financial reports.
• Review the estimated liability and accrued liability.
• Analyze company cost structure, both direct and indirect, and coordinate with department heads to continually control and decrease costs.
Public Policy Science and Evaluation of Development Projects
MBA Degree in Accounting Rochville University- USA 2007.
Finance and Accounting