Chief Financial Officer
Boga Super Food
Total years of experience :16 years, 11 Months
ESSENTIAL DUTIES AND RESPONSIBILITIES
• Assist in performing all tasks necessary to achieve the organization's mission and help execute staff succession and growth plans.
• Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters.
• Work with the President/CEO on the strategic vision including fostering and cultivating stakeholder relationships on city, state, and national levels, as well as assisting in the development and negotiation of contracts.
• Participate in developing new business, specifically: assist the CEO and COO in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service delivery.
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Assess the benefits of all prospective contracts and advise the Executive Team on programmatic design and implementation matters.
• Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits.
• Provide the COO with an operating budget. Work with the COO to ensure programmatic success through cost analysis support, and compliance with all contractual and programmatic requirements. This includes: 1) interpreting legislative and programmatic rules and regulations to ensure compliance with all federal, state, local and contractual guidelines, 2) ensuring that all government regulations and requirements are disseminated to appropriate personnel, and 3) monitoring compliance.
• Oversee the management and coordination of all fiscal reporting activities for the organization including: organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organizational and contract/grant budgets.
• Oversee all purchasing and payroll activity for staff and participants.
• Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee federal awards and programs. Oversee the coordination and activities of independent auditors ensuring all A-133 audit issues are resolved, and all 403(b) compliance issues are met, and the preparation of the annual financial statements is in accordance with U.S. GAAP and federal, state and other required supplementary schedules and information.
• Attend Board and Subcommittee meetings; including being the lead staff on the Audit/Finance Committee.
• Monitor banking activities of the organization.
• Ensure adequate cash flow to meet the organization's needs.
• Serve as one of the trustees and oversee administration and financial reporting of the organization's Savings and Retirement Plan.
• Investigate cost-effective benefit plans and other fringe benefits which the organization may offer employees and potential employees with the goal of attracting and retaining qualified individuals.
• Oversee the production of monthly reports including reconciliations with funders and pension plan requirements, as well as financial statements and cash flow projections for use by Executive management, as well as the Audit/Finance Committee and Board of Directors.
• Assist in the design, implementation, and timely calculations of wage incentives, commissions, and salaries for the staff.
• Oversee Accounts Payable and Accounts Receivable and ensure a disaster recovery plan is in place.
• Oversee business insurance plans and health care coverage analysis.
• Oversee the maintenance of the inventory of all fixed assets, including assets purchased with government funds (computers, etc.) assuring all are in accordance with federal regulations.
1. Responsible for knowing critical functions within the finance department and capable of mentoring and
assisting employees within the department.
2. Utilize teamwork to develop departmental synergy.
3. Monitors and assures compliance with generally accepted accounting principles (GAAP), company policies and
procedures, and regulations and laws.
4. Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
5. Reviews account payables and payments requests.
6. Ensure accruals, provisions & contingencies are appropriately calculated and supported by evidences and
documentations.
7. Determines proper handling of financial transactions and approves transactions within designated limits.
8. Ensue accurate reconciliations are performed monthly for all intra-company accounts.
9. Compiles and analyses financial information to prepare entries to general ledger accounts, cost centers and
documents business transactions. And ensure expenses are allocated to the right/relevant cost center.
10. Responsible for distributing financial statements and cost center reports.
11. Monitor credit limits with Credit Controller, approve and review the new customers’ credit applications.
12. Review customers’ credit notes prior recording to customers’ accounts
13. Review and approve suppliers invoices prior recording in the system, and payments processing.
14. Prepares work papers and supporting schedules for the monthly and annual financial statements.
15. Review CAPEX approval against budget prior processing.
16. Staff management and development.
17. Circulate monthly comparison reports and cost center reports to relevant departments heads, according to
schedules.
18. Prepares financial statements and other reports to summarize and interpret current and projected company
financial position.
19. Analysis transactional processes and identify areas where additional accuracies and efficiencies can be
achieved.
20. Ensure the completeness of supporting documents and approval of every transaction that is under processing
prior recoding or payment.
21. Closely maintains and monitors the fixed assets system.
22. Adheres to internal and external deadlines.
23. Applies cost accounting methods to achieve accurate representation of cost centre performance of sales
channels.
24. Responsible for holding manufacturing plant management accountable for accuracy and timeliness of inventory control & Cost Control.
(Manage all insurance contract (commercial /medical
Also manage all Credit facilities with banks decades - payroll accounts and normal facilities - controlling HR for renewal contract - new hiring employee - knowledge all Saudi Arabia roles - knowledge law of ministry of labor and End of contract roles
costs of a series of Hardee's and Red Lobster chain in terms of change in raw material. I'm in the foundations of the cost of the series for the Red Lobster chain, where I was the only of its kind in the UAE, specializing in seafood. Also handling (P&L), the statement, (COG) that for Cost of goods then analysis for all raw material effect.
full knowledge of all products and try to sell to reach the target level of sales & has been promoted to accountant responsible for the branches of the Governorate of Alexandria Egypt, which continue the process of bank deposits have branches and salaries for staff and estimate the required reports for the level of sales per month Also handling (P&L), the statement, than am payroll Accountant that handling salaries and deduction for variance.
بكالوريوس تجارة - شعبة محاسبة
