Finance Manager
Media Rating Company
Total years of experience :13 years, 4 Months
• Secured regular elevation and enrichment of roles, promoted as Finance Manager for the Saudi Tumpane/Abunayyan Holding group of companies.
• Drafting and interpreting the financial statements to determine the values of assets, calculate profitability and estimate the short- and long-term risks involved.
• Develop and update financial Balanced Scorecard (BSC) on monthly basis, for better strategic planning and process alignment and report to senior management.
• Analysing performance and trend by calculating financial ratios and make recommendations for process excellence.
• Explore the market to monitor market trends and competitor’s activities to devise procedures to reach higher market.
• Identify the factors impacting business performance on workforce skill set, employee engagement along with tools & equipment.
• Tracking the cash flow and establishing various financial strategies to minimise risk by creating a plan for the company's spending and budget across departments.
• Conducting reviews and evaluations for cost-cutting opportunities by innovating and implementing new ideas from time to time.
• Lead the financial accounting, monitoring, and reporting systems.
• Coordinating with banks regarding renewal of facilities and opening new accounts, also arranged for an alternate source for debt facilities.
• Liaising with internal/external auditors to ensure semi-annual/annual financial audit.
• Prepare various reports on financial status and budget to foster decision making to the management.
• Built good rapport with all customers, responding to their queries on systems and resources.
• Work closely with local, multinational, and semi-government bodies to oversee the registration formalities.
• Devised customised company financial statements, reports for the management.
• Directed monthly, quarterly, and yearly general ledger closing with proper document.
• Regulated internal and external financial audit for four top-notch clients with guidance for process excellence.
• Scaled up company’s financial plans, forecast and annual budget with diminished issue.
• Evaluated parent company with international accounting standards to achieve compliance free with internal controls.
• Progressed financial positions in areas of income, expenses, cost of capital, cash flow to summarise reports for top management in accordance with AP AR GL.
• Investigated the estimate of the project, cost elements in collaboration with the project department.
• Maintained general ledger, chart of accounts and financial records of the company and approved staff payroll.
• Charted business highlights, cost variances, concerns related to management information.
• Oversaw daily accounting and operations of multiple entities, tracked cash flow, planning for investments, and prepared timely treasury reports.
• Trained the accounts team seniors and juniors, evaluated their performance.
• Coordinated with department heads and staff to develop finance-related operating procedures.
• Reported financial status by gathering details to prepare a balance sheet, P&L and other financial statements.
• Created SOPs for accounting policy and regulations and rolled out reconciliation procedures.
• Maintained general ledger by transferring subsidiary accounts, drafted trial balance and reconciled entries.
• Conducted audits incorporating new policies and procedures, resolved any accounting discrepancies to assist management.
• Guided junior accountants and other staff by resolving queries and conducting informational sessions.
• Ensured tax compliance, business registration, and non-profit tax filing.
• Assessed internal controls, including risk assessments and reviews of risk areas.
• Performed monthly balance sheet, income statement and changes in financial position and budget variance analyses.
• Assisted in the design and preparation of budgets for review by management.
In-charge of accounts payable department.
\};;> Preparing monthly journal reports on company expenses.
\};;> Preparing Employees Wages and Salaries and Income Taxes on Salaries.
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