Finance Manager
MaseGulf Company
مجموع سنوات الخبرة :27 years, 10 أشهر
• providing and interpreting financial information;
• monitoring and interpreting cash flows and predicting future trends;
• formulating strategic and long-term business plans;
• researching and reporting on factors influencing business performance
• 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
• producing accurate financial reports to specific deadlines;
• managing budgets
The Organization is one of International oldest Public owned construction firms.
Key Responsibilities:
• Scrutinizing daily operations, identifying and resolving accounting discrepancies, ascertaining that all policies and procedures are aligned with the organizational goals.
• Reconciling sub-ledger to general ledger account balances including control of chart accounts, bank records and fixed asset schedules, as well as assessing internal controls including risk assessments and risk areas to ensure financial accuracy and adherence to statutory regulations.
• Supervising various tasks such as posting journal and ledger, accounts payable/receivable, generated P&L reports, financial statements and financial analysis to guarantee accurate and complete records of each monetary transaction.
• Compiling budget data and documents based on comparison with previous budgets and estimated revenues/expenses.
• Managing full spectrum of salaries and wages, accordingly distributing the same for project overheads.
• Overseeing the accounts of subcontractors and suppliers as well as preparing the monthly progress payment certificates for the same.
• Assisting the Finance Manager in preparing the balance sheet and income statement, as well as drafting necessary reports and submitting the same to the senior management for taking further corrective measures.
• Organizing training and conducting performance reviews periodically to maintain a motivated team.
Key Responsibilities:
• Planned, organized and controlled inventory activities to ensure adequate product stock and developed appropriate strategies to maintain stock shrinkage.
• Coordinated and assisted the Area Manager in business planning, annual budgeting and forecasting processes, as well as improving business performance, managing company resources and controlling assigned spending budgets to attain goals.
• Conducted financial analysis for identifying internal/ external threats to the organization and conceptualized counter strategies; thus, achieving high KPI’s (Key Performance Indicators).
• Created cost-effective advertising programs to acquire major sales opportunities as well as oversaw the expenditures of the branch requirements.
• Stayed attuned to market dynamics and competitor activities, as well as existing and prospective clients with reference to changing market trends and service issues.
• Contributed towards effective problem solving with staff, peers and management. Consistently demonstrated corporate values, encouraged and motivated team members to achieve the set goals.
• Generated and reviewed sales reports and other performance data and discussed the same with the operations manager for measuring productivity/goal achievement and to determine areas needing cost reduction/process improvement.