Financial Manager
Les Laboratoires Servier
Total years of experience :23 years, 11 Months
* 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
* 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
* Developing external relationships with appropriate contacts, e.g. auditors, consultants, banks and statutory organizations
* Producing accurate financial reports to specific deadlines
* Managing budgets
* Supervising staff
* Keeping abreast of changes in financial regulations and legislation
* Design effective budget models for departments and the entire company
* Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget
* Present annual budgets to senior managers
* Review budget requests for approval
* Forecast future budget needs
* Identify variances between actual and budgeted financial results at the end of each reporting period
* Perform rolling forecast in coordination with department managers
* Suggest spending improvements that increase profits
* Review the company’s budget for compliance with legal regulations
* Ensure department managers meet budget submission deadlines
* Design and implement effective budgeting policies and procedures
• Revision and approval of rebates to distributers.
• Revision and approval of distributors monthly statements and debit notes.
• Revision and approval of sales team commissions and communication with marketing department.
• Supervising and guiding monthly reconciliation with affiliates.
• Controlling transactions with distributers.
• Negotiation with distributers.
• Supervising receivables accountants.
• Preparing regular reports.
• Assists in recruiting, training and evaluating staff; assists in developing and implementing continued training for professional accounting associates.
• Budget preparation
• Controlling cost.
• Reconciliation of supplier's statements.
• Claim of debit notes.
• Controlling payments to the suppliers.
• Negotiation with suppliers.
• Supervising payable accountants.
• Payroll preparation for vendor's employees.
• Preparing regular reports.
• Credit management.
• Reconciling of customers account.
• Preparing regular reports.
• Set and verify customer's credit limits.
• Commission calculation for salesmen.
• Negotiation with customers.
• Payroll preparation for sales staff.
• Bank reconciliations.
• Supervising receivables accountants
• Controlling customers account (periodically balance confirmation & statements reconciliations)
• preparation of daily J.V's
• Expenses payments.
• Payments to local vendors.
• Payments to employees other than payroll.
• Board expenses.
• Banks reconciliations.
• Custom charges payments.
• Reconciliation of local vendor's statements.
• Preparing reports in different areas (Budget variations, assets depreciation, expenses analysis …..etc.)
• Checking the direction of financial transactions to the relevant account.
• Checking the accuracy and correctness of bank reconciliations.
• Choosing material transactions to be checked for audit purposes.
• Reviewing of assets recording and depreciation calculation.
• Checking the correctness of recording expenses.
• Checking contracts to make sure that pre paid and accrued expenses was recorded correctly.
• Checking recording and settlement of liabilities.
• Checking owner's current accounts to make sure that all transaction was recorded upon the owners acknowledge.
• Reporting comments and notes to the senior auditor and audit manager.
• Analyzing financial statements to correct the path of the work if in need.
Excellent Grade
Excellent with honor