Finance Manager
Al Kifah Holding Group
Total years of experience :24 years, 10 Months
Direct, promote, improving and has overall responsibilty for managing both the revenue and cost element of the company, s income and cash inflow-outflow processes.
*Managing two companies in the manufacturing and trading sector with full responsibilities for the financial and costing management.
*SAP ERP experience
*Analysis economic elements of business and financial conditions and their impact on the organization‘s policies and operation.
*possess a professional attitude to represent the company in any positive manner at banks and SIDF.
Oversees all of the firm’s marketing and sales functions In manner of responsibility for effective planning, organizing, and decision making to attain desirable profit
Goals & achievement
Establish sales goals and develop plans to achieve them
Ensure employees have the knowledge and information needed to achieve market share growth.
Marketing
Marketing involves developing and directing marketing activities prepare and review marketing plans with employees on a regular basis.
Review individual department marketing plans annually
Plan marketing activities and review results and expectations with employees
Profitability and Sales
Establish and achieve profitability goals
Supervise pricing and inventory policies designed to price competitively and achieve desired gross margin
3/2010 - present Alyaf Industrial. CO
K.S.A / Dammam
Finance Manager
.Responsible for planning, development and implementation of accounting strategies, procedures, cost control, Budgeting practices and Standard Cost Application.
Direct, prepare and review cost structure and margin analysis for all plant products to achieve optimum profit and maximum sales at hard competition environment.
Budget preparation, implementation and evaluation plant performance, then variance correction for Income Statement, Balance Sheet and Cash Flow on yearly basis as well as monthly basis.
Contribute to the optimization of resources to achieve continuous improvement in productivity and profitability thru capacity utilization & B.E.P analysis and (ROI, ROE, ROA) analysis. I
Managing and negotiating bank facilities including L.Cs in regards to sight, deferred, advance payment, stand by, plus LGs ( tender, performance bond and custom guarantee)
10/2007-Present Al Zamil Group K.S.A/Dammam
Finance Manager
I built a costing system based on ABC (Activity Base Cost) system on contribution approach in order to overcome the telecom market competition and sales expanding as a result
planning, Preparing, and implementing forecasting reports for Income Statement, Balance Sheet and Cash Flow on yearly and monthly basis, on the other hand evaluation the actual result with budgeting reports to avoid surprises..
Building and analyzing proper cost structure depending on variable, fixed cost approach in regards to production and expenses, which is required for (A.B.C) system (Activity Based Cost).
Directing, managing and supporting sales dept throw implementing mix Break Even Point policies for each product.
Analyzing and examining financial Ratios regarding to profitability, liquidity, efficiency.
Managing and negotiating bank facilities including L.Cs in regards to sight, deferred advance payment, stand by, plus LGs ( tender bond, performance bond and custom guarantee
10/2002-10/2007 AL kadI Group K.S.A/Dammam
Finance Manager
Played a key person in improving most company policies like production, sales, inventory, costing and accounting thru financial analysis, costing analysis, selling price analysis and production Capacity analysis.
Planning and controlling financial policies. Which are essential for the profitability improving.
Building cost accounting system for all manufacturing sections, and amending pricing policy based on costing system to get optimum profit.
Chief Cost Dept
Cost Account
Establishing cost department for making cost control, evaluate selling price policy and improving net profit margin accordingly.
Preparing& estimating financial budgets statements.
Developing & implementing product cost analysis for every stage of production process.
Increased sales by creating incentive programs to include mass-market accounts.
Operating & controlling cost analysis programs for various products such as D.L, D.M, O.H,
I got a high first class in accounting materials