Finance Manager
COMBINED GROUP for TRADING & CONTRACTING CO
Total des années d'expérience :38 years, 2 Mois
Key Accountabilities:
- Consolidate, review, analyze and present various financial reports; apprise management on status of agreed financial objectives.
- Secure sound health for financial operations through optimum use of resources, assets and funds that warrant business sustainability.
- Cement relations with banks, auditors and funding parties in business interest.
- Overseeing day to day finance and accounting activities along with credit control, project estimations and resource allocation.
- Compile and monitor annual budget, implement tax and other state regulatory policies and administer warehouse and store.
- Supervise financial reporting obligations related to submissions for funding, for contracts and authorize expenditure up to limits as defined in the authority matrix
Notable Distinctions:
- Choosing the best human cadres for the financial department.
- Govern and control in a manner that creates the spirit of competition and direct the human cadres to make the best efforts in favor of work.
- Build strong relationships with local banks in order to obtain appropriate financing for the projects of the company and to obtain the best interest rates and commissions, which led to a reduction of 10%.
- Building financial statements that commensurate with the requirements of local banks in order to obtain the best financing, where the work was done on the ratios of liquidity, leverage, indebtedness and equity.
- Analyze the budgets against actuals and report variances.
- Working with the best external auditing firms to enhance the professional credibility and presentation of financial statements in accordance with international accounting standards which imposed on public shareholding companies.
- Managing the cash flow in the best manner that allowed to settle the company’s obligations and keep the credibility of the local market strengthened and the cash deficit avoided.
- My previous experiences in several countries grant me the ability and the capability to lead & work with different nationalities.
- A creative thinker, problem solver and decision maker who specializes in the development of technology- based- financial solutions that streamline processes and capitalize on corporate growth opportunities.
- Instrumental in the implementation of new software for the company’s warehouse, resulting in an improved control and a better connectivity with the Procurement Section.
- Instrumental in implementation of new software for company warehouse resulting in improved control and better connectivity with Procurement Section.
- Streamlined finance department operations by applying new procedures which aided in attainment of ISO certificate.
Key Accountabilities: Customer Acquisition/ retention/ expansion, operational excellence, financial cash management, Develop of Bank Business & enlargement of Bank asset & profitability.
- Revised the banks existing operations manual and controlled operations for 10 branches across Syria.
- Direct all operational aspects including distribution operations, customer service, human resources, administration and sales.
- Assess local market conditions and identify current and prospective sales opportunities.
- Develop forecasts, financial objectives and business plans
- Meet goals and metrics
- Manage budget and allocate funds appropriately
- Bring out the best of branch’s personnel by providing training, coaching, development and motivation
- Locate areas of improvement and propose corrective actions that meet challenges and leverage growth opportunities
- Share knowledge with other branches and headquarters on effective practices, competitive intelligence, business opportunities and needs
- Address customer and employee satisfaction issues promptly.
- Adhere to high ethical standards, and comply with all regulations/applicable laws
- Network to improve the presence and reputation of the branch and company
- Stay abreast of competing markets and provide reports on market movement and penetration
- End to end financial management, back office operations, stocks & foreign exchange, credit management.
- Generate quarterly financial reports and statements to bank Managers (In Cyprus & Jordan) for Consolidation according central bank of Jordan & central Bank of Cyprus requirements.
- Perform financial analysis and reporting to management as needed.
- Perform month-end accounting activities such as reconciliations and journal entries.
- Evaluate computerized accounting systems and provide recommendations to IT team for performance improvements.
- Analyze financial discrepancies and recommend effective resolutions
- Monitor expenditures, analyze revenues, and determine budget variances and report the same to management.
- Assist in budget preparation and expense management activities for assigned accounts.
- Monitor and record financial transactions according to company policies and regulations.
- In charge for auditing activities by providing necessary information and preparing requested documentations.
- Monitor and record financial transactions according to Bank & Country policies and regulations.
- In-charge for administration of Swift software, banking system & hardware.
Communicate with Local Banks in Jordan to arrange credit Facilities for Company Project (Overdraft, Loan LC& LG), and control those Facilities. Control Cash Flow
Communicate with Project owner to finalize monthly payments.
Follow Up Sub-contractor Payment, Supplier Invoices, Rented Equipment fees, an addition participation in preparation of project management statement.
Creating a clear customer service strategy to support our short, medium and long term growth and objectives;
•Anticipating and evaluating risks in your own department;
•Continuously developing a motivated team that offers a consistent level of service to our players through multiple communication channels;
Developing, implementing, maintaining and enforcing departmental policies and procedures;
Accountable for setting clear KPI’s and SLA’s for your team and ensuring that these are met;
Playing a vital role in the recruitment process of candidates for your team;
Facilitating a smooth communication flow between customer service and all other departments;
Proposing improvements to existing (or suggesting alternative) customer service tools in order to increase efficiency and cost cutting;
Ensuring the smooth running of the department’s day to day operations;
Responsible for employees’ training and development;
Assuring a high quality of customer service at all times;
(Opening New Account, Foreign Exchange Back office operation Bank Placements).
Book Keeping
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