finance manager
holcom group - Econet SAL
مجموع سنوات الخبرة :15 years, 10 أشهر
-providing financial advice and support for making sound business decisions.
-Preparing and controlling income tax declaration, VAT reports, social security contribution reports, tax on salaries & other social security reports, payroll distribution and cash balances.
-Processing payments, bank deposits, transfers and commissions statements.
-Reviewing and controlling accounting transactions documents to ensure accuracy of information, and correcting entries.
-Compiling and analyzing various ledger accounts, such as reconciliations, revenues and expenditures accounts.
-Reconciling balance sheets and analyzing margins.
-Developing financial management mechanisms that minimize financial risk.
-Supporting General Managers in budget preparation and in formulating strategic and long term business plans.
-Monitoring end of year book closings.
-Monitoring and interpreting cash flow statements.
-Managing a company's financial accounting, monitoring and reporting systems.
-Interacting with External Auditors in completing audits.
-Producing accurate financial reports to specific deadlines.
-Preparing and interpreting monthly management accounts and annual reports.
-Implementing financial plans.
-Managing and monitoring the activities of the accounting department and its performance.
-Keeping up-to-date of changes in financial regulations and legislation.
-Delegating authority and responsibility to the accounting team.
-Holding weekly and monthly effective staff meetings.
-Interacting with internal HR Department for all employee needs (staffing, training ...) Taking corrective action where inadequate performance is suspected.
-Providing managerial and analytical guidance to the accounting team.
-Evaluating and motivating the accounting team.
- Plan and review the work of assigned accountants & senior accountants.
- Review accounting documents to ensure accuracy of information and direct correcting entries if needed.
- Ensure that the accounting team is following the established policies and procedures related to the accounts.
- Prepare monthly closing schedule and ensure timely closing of accounts.
- Prepare and direct the preparation of financial statements on monthly and quarterly basis.
- Assist with analyzing financial statements on monthly basis and report on discrepancies to the line manager.
- Monitor the aged receivables report on quarterly basis.
- Review and approve payment vouchers based on the aged accounts payables report and provide necessary notes for adjustments.
- Review accrued expenses, prepaid expenses and unearned revenue on monthly basis.
- Monitor monthly bank reconciliations.
- Extract daily bank position and monitor daily cash collection, receipts, payments and project upcoming inflows and outflows.
- Review Social security reports and tax on salaries declarations.
- Prepare tax on profit reports for Lebanon, Kuwait and Jordan companies.
- Prepare VAT reports for Lebanon & UAE companies & sales tax declaration for Jordan.
- Prepare and monitor the interim and yearly audit requirements.
- Review the audited financial statements for Holding, SAL, Offshore and LLC companies.
- Work closely with external tax advisors for the purpose of preparing and reviewing the yearly CIT declarations.
- Prepare tax assessment files for Kuwait, Jordan and Lebanon companies.
- Assist the accounting manager & or CFO on special requests, tasks & reports but not limited to: Budgeting
Schedule of loans Breakeven point Feasibility studies
- Prepare KPI’s and yearly performance evaluation of the accounting team.
- Recommend the selection of new recruits.
Compile, enter and post daily data entry and journal entries
- Prepare monthly suppliers and bank accounts reconciliation
- Review & record petty cash expense
- Prepare payments (checks/transfers) based on the aged payable report.
- Issue customer invoices and receipts
- Ensure that the filing and documentation of the journal entries are as per the accounting
policies and procedures.
- Coordinate with chief accountant on daily basis.
- Perform other related duties as assigned or requested by the owner or the chief.
Certified Management accountant