Accounting Lead - SAP
FLOW Consortium - (Riyadh Metro Operator)
Total des années d'expérience :13 years, 1 Mois
Responsible for:
• Managing monthly financial closing calendar.
• Managing all SAP Financial transactions and closing.
• Releasing monthly and annual financial statements (BS, IS, CF and equity)
• Managing Accounts Receivables cycle, closing and aging.
• Managing Accounts Payables aging.
• Managing Fixed Assets cycle, annual counting and closing.
• Manage Tax Process and VAT submission to tax authorities (ZATCA).
• Release the monthly managerial reports in Power BI.
• Finalize the GL, AP, AR and Fixed assets policy and procedure of the company.
• Finalize the treasury policy and procedure of the company.
• Prepare the internal Cash projections and Foreign Currency Exchange.
Responsible for:
• Analyze price, cost, profitability and simulate P&Ls for new launches and submit the appropriate analysis to the management.
• Control all the deductions from the gross sales to net sales - Gross to net (G2N).
• Managing logistics costs (Storage, Hindlg In Out Cost), Import duty and clearance costs.
• Ensure the completeness of all accounting accruals (un-recorded liability).
• Ensure the integrity of the internal controls whenever applied.
• Manage all Cost Centers.
• Identify and assess the business risks & opportunities and provide early alerts on the potential deviation from the plans.
• OPEX Budget (ZBB) - build, elaborate and monitor.
• Analyzing variances and addressing potential problems with budget holders and managers.
• Ensuring that all accounting allocations are appropriately made and documented.
• Responsible for all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding.
• Supervises the Finance, Human Resources, IT and Legal business units and is the financial spokesperson for the organization.
• Review regularly the performance of our business and develop key performance indicators to support effective decision making and cost saving programs.
• Ensure that the Supply Chain, as a key component of our business, is a center of excellence.
• Act as a Business Partner focusing in value creation, acting a business advisor and integrator, providing insights and robust challenge to support decision-making.
Responsible for:
A. Profitability Analysis:
• Monitor profit margin continuously through determination of the fluctuations in various cost elements and analyze their impact on gross margin, the impact of sales price and raise the highlights to senior management to support decision making.
• Analyze cost, profitability and simulate P&Ls for new launches, and submit appropriate analysis to the management.
• Production costs used to analysed with the fainance mangers of BRF factories through getting the BOM & Conversion cost and highlight the deviations accordingly.
• Managing logistics costs (Storage, Hindlg In Out Cost), Import duty and clearance costs.
• Strategic business units (SBUs) Performance evaluation.
• Validate the Business Devepment Agreements (BDAs) & accordingly rebates and payment terms.
• KE 30 analysis.
• Review the correct application of standard costing of SKUs.
• Comparing actual costs with the target costs and highlight the places of inefficincies.
B. OPEX Analysis:
• Monitor OPEX spending.
• Manage all Cost Centers.
• OPEX Budget (ZBB) - elaborate & monitor.
• Weekly OPEX forecasting for All Business Units.
• Monthly MIS reporting to SSC-Dubai.
C. Finance Cost Analysis:
• Monitor the Operating Cycle & Cash Cycle to acheive the company targets.
• Manage the DSO & DPO & DIO of Brf Qatar for better performance.
Responsibilities in brief:
• Report Daily FMCG report ( Actual Vs Budget ) to CEO & COO & CFO.
• Monitor profit margin continuously through determination of the fluctuations in various cost elements and analyze their impact on gross margin, the impact of sales price, and raise the highlights to senior management to support decision making.
• Analyze cost, profitability for new launches, and submit appropriate analysis to the management.
• Strategic business units (SBUs) Performance evaluation.
• KE 30 analysis.
• Prepare the reports of the profitability by (Customer, Brands, Sales Division, ...).
• Examine and review unusual cost records and determine variances.
• Examine and ensure that cost data is allocated correctly.
• Monitor cost centers and determine variances.
• Disclose FOC & Expiry and Promotion expenses.
• Report on Marketing Expenses and monitor the collection of the claimable amounts.
• Record the closing entry for claimable marketing expenses (SAP).
• Study plans and collect data to determine the costs of commercial activity.
• Monthly Closing, Reconciliations and Reporting in compliance with the company financial calendar.
Responsibilities in brief:
• Responsible for Monthly Closing, Reconciliations and Reporting in compliance with the company financial calendar.
• Prepare the bill of material for each production order (PO) and calculate the business result for each one and evaluate actual against budget performance to determine where is the variance.
• Prepare P&L report for each production order.
• Evaluate the work in process (WIP) and finished goods inventory according to the principle of the Cost or the Market value which is the least.
• Prepare cost statement and calculate the cost of goods sold (COGS) according to both Absorption & Variable costing approaches.
• Participate in the preparation of monthly financial statements (Income statement & Balance sheet).
• Provide the cost information which is important for the preparation of the expenses budget.
• Supervise and control raw material (RM) inventory and make sure that the RM which is released from the warehouse to each production order is not exceed the needed quantity.
• Responsible for timely and accurate Management Reports.
• Prepare costing report for each production order (PO) for performance measurement which is make comparability between three scenarios :
1- Actual Production & Actual Cost.
2- Actual Production & Standard Cost.
3- Budget Production & Standard Cost.
Responsibilities in brief:
• Recording the daily entries.
• Follow up collections of customers.
• Supervision and control the inventory.
• Evaluate monthly the inventory according to (FIFO) method.
• Calculate the cost of goods sold (COGS).
• Participate in the preparation of financial statements.
Final Year Grade : Excellent