Group Finance Manager
MTC Group
Total years of experience :26 years, 5 Months
1-Define Group’s Finance strategy and develop long term and annual
Finance business plans in consultation with the business heads along with CEO
2. Participate in review of Global, Regional and Local competitive market intelligence to assess Group’s business opportunities and investment plans, Participate in the identification of international business partners through, acquisitions, joint ventures, alliances jointly in association with the CEO
2. Review and assist in the implementation of domestic and international expansion projects for entering into new sectors, new
markets, new businesses and new product categories; take corrective actions in case of any variance from plans
3. Direct the preparation of Group’s consolidated corporate budgets as prepared by the Finance and present to the Board for necessary approval
4. Review and monitor the performance of financial control function in the Group and ensure that all guidelines and budgets are adhered to
5. Responsible for the performance of the financial ERP system and take the lead in suitable enhancements to the same, depending on changing needs of the organization
6. Finalize and sign-off the Corporate financial performance for submission to the CEO for declaration to the Shareholders
7. Responsible for the upkeep and maintenance of all records/ data/ systems, containing financial transaction data and their audit
8. Serve as the overall responsible for the audit of the financial statements by internal and external auditors
9. Review Group’s manpower requirements and headcount budget within the Business Planning process
10. Represent Group in all legal matters in association with corporate Legal team. Review the progress and status of all pending legal cases
11. Review and sign-off on all business cases for major exceptions to business plans, and established guidelines and procedures before obtaining sign-off from the CEO
Report to the Chief Financial Officer
Preparing monthly performance reports in comparison with the budget providing the management with effective relevant and timely advice in full range of business issues.
Preparing annual and forecast Budget through Conducting
meetings with the managers to formulate and finalize the budget
Preparing variances analysis reports
Negotiation With The Suppliers
New Contracts Study & Review
Negotiating credit facilities with the banks and arranging all banks requirement
Assets & Liabilities managements and enhancement cost
reduction opprtunities
Forecasting cash flow smooth functioning of the firm, keeping
full control of cash management
Report to the Chief Financial Officer
Preparing monthly performance reports in comparison with the budget providing the management with effective relevant and timely advice in full range of business issues.
Preparing annual and forecast Budget through Conducting
meetings with the managers to formulate and finalize the budget
Preparing variances analysis reports
Negotiation With The Suppliers
New Contracts Study & Review
Negotiating credit facilities with the banks and arranging all banks requirement
Assets & Liabilities managements and enhancement cost
reduction opprtunities
Forecasting cash flow smooth functioning of the firm, keeping
full control of cash managementSupervising the staff residance and visas
Register the company with all concerned government ministries
Report to the ME Group Financial Controller.
Preparing monthly performance reports in comparison with the budget providing the management with effective relevant and timely advice in full range of business issues.
Preparing annual and forecast Budget through Conducting
meetings with the managers to formulate and finalize the budget
Preparing variances analysis reports
Negotiation With The Suppliers
New Contracts Study & Review
Negotiating credit facilities with the banks and arranging all banks requirement
Assets & Liabilities managements and enhancement cost
reduction opprtunities
Forecasting cash flow smooth functioning of the firm, keeping
full control of cash managementSupervising the staff residance and visas
Register the company
Report to the Financial Manager.
Preparing Profit & Loss Accounts, Balance Sheet
Preparing The Account System For The Company’s facories
Costing For The Consignment
Banks & Sister Companies Reconcilation
Supervising Accounts Payable
Supervising Accounts Receivables
Supervising Sales Invoices & Follow Up Collection
Supervising Physical Stock
.
CMA Candidate (Attend Part One yet to exam) Self study