Finance Manager
FNRCO
مجموع سنوات الخبرة :15 years, 6 أشهر
• Assess company financial status.
• Revision of financial statements
• Manage the company cash follow and spending
• Mange the existing staff of finance and give them the clear guidance
• Facilitate and Follow the monthly close procedures.
• Check the policies and procedures for finance department
• Generate monthly financial reports to top management
• Preparation and supervision of budget & Forecast and with other departments in the company
• Manage the annual audit process with external auditors
• Manage the preparing of Zakat and corporate reporting requirements.
• Prepare monthly VAT report and communicate with relation manger.
• Maintain Chart of Accounts for expense-related accounts.
• Maintain coding documentation outlining types of charges and vendors coded to each account for
distribution to Associates.
• Oversee capital budget. Track spending, analyze and report on differences between expected spending
and actual.
• Manage and monitor expense data tracked in Enterprise Resource Planning Software.
• Maintain and guide the staff to calculate labors provisions of Terminal Benefits, Leave Salary & Air
Tickets
• Maintain the prepaid expenses of, Rent, Medical Insurance, Iqama, Labor Office and Visa for labors.
• Manage the Aging Receivables, Payable and monitor and review expenses to ensure expenditure are in
control and comply with company Policy.
• Manage the Fixed Assets recording and depreciation sheet.
• Manage the process of Reconciling balance sheet items, support the team in preparation of Audit Process
and internal financing control.
• Performs other duties required by top management.
Responsible for maintaining an efficient working office environment including management of office accommodation, equipment and supplies, office health & Safety.
• Provide front line response to general office enquiries from Members or the wider public and provide administrative advice and support to the wider staff as appropriate.
• Develop, implement and embed efficient office processes and procedures to meet current legislation, data protection requirements and best business practice.
• General staff administration and company HR support.
•Budget creation and monitoring in cooperation with the CEO and other management team members.
•Preparation and coordination of financial monthly, quarterly closings and reports.
•Preparing a monthly Financial report for sharing with the Management
•Coordination of annual financial statements.
•Coordinating the external financial audit.
•Quality control purchase requests, invoices and reimbursements.
•Overseeing all payments and doing daily payments.
•Budget versus actual analysis on monthly basis.
•Coordinating new contracts, amendments to existing ones (including interns, consultants).
•Support in Fundraising and development of financial proposals.
•Financial project management (administration, monitoring and evaluation).
•Other tasks to help deliver the goals set in the overall strategy and annual plan.
providing and interpreting financial information;
•monitoring and interpreting cash flows and predicting future trends;
•analyzing change and advising accordingly;
•formulating strategic and long-term business plans;
•researching and reporting on factors influencing business performance;
•analyzing competitors and market trends;
•developing financial management mechanisms that minimize financial risk;
•Conducting reviews and evaluations for cost-reduction opportunities.
•managing a company's financial accounting, monitoring and reporting systems;
•Liaising with auditors to ensure annual monitoring is carried out.
• External relationships with appropriate contacts, e.g. auditors, solicitors, bankers.
• producing accurate financial reports to specific deadlines;
•managing budgets;
•arranging new sources of finance for a company's debt facilities;
•Supervising staff;
•Keeping abreast of changes in financial regulations and legislation.
Apply acceptable accounting principles consistently to account for all transactions conducted by the company. Perform accounting functions as assigned including, but not limited to:
•Compliance and protection of the Company financial policies.
•Provide expense and cost analysis for management reporting purposes.
•Provide Analysis of all General ledger accounts and ensure all relevant accounts reconciliations of Balance sheet and P&L are done on a monthly basis. Also provide financial analysis of the management reports on a regular basis.
•Check up all financial books of account on a regular basis e.g. ledgers, cash book, petty cash books, Accounts receivables ledger, inventory records, fixed assets, suppliers, sales, purchases, expenses, payroll… etc.
•Prepare and post journal entries and reconciliations for monthly general ledger close.
•Reconcile general ledger accounts with subsidiary ledgers on a monthly basis.
•Liaise with other accountants for proper maintenance of an integrated accounting system.
•Preparation of monthly trial balance.
•Ensure proper filing of all documents held by the accounting department.
•Banking activities like setting up new accounts, adding new signatures, bank reconciling items, banking fees, coordinate and resolve various issues with bank such as cleared check differences, export and import procedures and Murabaha .
•Reconcile and monitor cash funds (i.e. petty cash fund, payroll fund, etc.).
•Maintaining customers’ accounts, review sales invoices and cash receipts from customers.
•Participate in the physical inventory counts, to ensure the proper application of their procedures and controls.
•Fixed assets processing and reporting.
•Review suppliers’ accounts, purchases invoices and inventory receiving vouchers, payments to suppliers and reconciling statements from suppliers.
•Review contracts, orders, and payment vouchers and prepare report to substantiate individual transactions prior to settlement.
•Prepare payments by verifying documentation, and requesting disbursements.
•Coordinate and implement the accounting / internal control procedures.
•Follow up with other departments to determine outstanding transactions and balances in an attempt to solve any problems or obtain justifications.
•Follow up with various personnel to be able to obtain documentation and evidences required to support transactions.
•Conform with and abide by all regulatory guidance and internal policies & procedures
•Coordinate with External Auditors regarding Tax clearance certificate & BPT Claims recovery
•Update and prepare Tax Self Declaration and follow their submission to Tax Authorities.
•Ability to manage priorities and goals of the area, keeping in mind the business objectives.
Prepared landed cost for imported raw material
•Monthly banks reconciliations.
•Pass & update daily cash vouchers &banks vouchers (Foreign Supplier) in SCALA.
•Update purchase ledger for foreign suppliers
•Monthly foreign Suppliers Accounts Confirmation
•Prepared bank letters for imported raw materials as well as custom director & clearance agent.
•Following up import and export procedures with Banks.
•Team leader of stock taking committees.
Compliance and protection of the Company financial policies.
•Handling receivables, payables accounts in terms of collection, payments, reports and monthly reconciliations.
•Handling I/Co. transactions recording and monthly reconciliations.
•Prepare allocation of cost and expenses to appropriate accounts on a regular basis.
•Reviewing daily cash sales and comparing it with daily collections.
•Support all business functions by providing timely information relating to financial transactions.
•Provide expense and cost analysis for management reporting purposes.
•Preparing accruals and prepayments on monthly basis.
•Current accounts reconciliation on monthly basis.
•Provide Analysis of all General ledger accounts and ensure all relevant accounts reconciliations of Balance sheet and P&L are done on a monthly basis. Also provide financial analysis of the management reports on a regular basis.
•Ability to manage priorities and goals of the area, keeping in mind the business objectives.
•Examinations of Accounting transactions, and ability to discover fraud.
The junior auditor's responsibilities include working with the senior auditor to plan the audit. You would talk to the client about what preparations they need to make, such as providing working space and access to documents. During the audit itself, you will check expenditures, revenue and other financial records to ensure that all numbers are accurate, regulations are complied with, and all payments are accurately classified and recorded. You may then help to prepare the discussion draft of the audit report. You would attend meetings with the client and senior auditor and complete the audit report.
(Master of Business Administration (MBA
(Honor (second class division one
courses: Computer Diploma, (International Technical Academy for Computer Sciences). •English Course Certificate from British Council (Advance Level). ● Training for One Year in Auditing Office (Salah Sidahmed – Certified Auditor).