Finance Accounting Manager
Ingie Etoile (Chalhoub Group)
مجموع سنوات الخبرة :25 years, 11 أشهر
Luxury Fashion Retail brands such as Ralph Lauren, TOD's, Chanel, Hogan, Ingie Paris etc. The profile includes
Review, examine and analysis of month-end as well as year-end financial statements to ensure effective reporting of the financial position & organizational performance of the company.
Develop tools, systems & control procedures for financial reporting in order to provide a controlled environment within the company.
Review, evaluate and monitor a budget & the budget revision, comparison of actual with budget, analysis & reporting variances to management in order to reflect the strategic direction of the company.
Ensure budgetary control and compliance with policies and procedures. Put in place a monitoring mechanism to ensure implementation of Financial/Operational Policies and Procedures.
Develop & manage a reliable cash flow forecast/projection process & related reporting mechanism to meet operating needs.
Coordinate all internal & external audit activities to ensure adequate internal financial controls are being implemented through effective financial policies & procedures.
Ensuring compliance to all relevant Accounting standards, IFRS etc. and ensuring company is appropriately insured against all relevant risks.
Improve reporting capabilities to monitor key business drivers on a regular basis and share the analysis with senior management for appropriate action.
Managing & coordinating the facilities with various banks including renewal, negotiation for charges & other conditions, observance of covenant, additional facilities etc.
Working capital management especially in relation to Inventory.
Feasibility studies for new growth opportunities, capital expenditure, operational investments in terms of 5 years P&L, ROI, payback period & IRR.
Exposed and well trained in managing entire finance & accounting process of different group of companies as well as coach & develop the accounts team to maximize their accuracy and efficiency.
Local Distribution L' Oreal FMCG and Luxury Retail such as Fashion, Gift & Beauty.
Financial Reporting
Reviewed, examined & analyzed month-end as well as year-end financial statements to ensure effective reporting of the financial position & performed ratio analysis to gauge profitability, liquidity & solvency.
Financial Accounting
Supervised daily operations of accounting & finance department; monitored & analyzed payable/receivables, cash receipts, general ledger, revenue & expenses, bank reconciliations & fixed assets.
Budgeting
Reviewed, evaluated & monitored the budget & incorporated budget revisions, compared actuals with budget and analyzed & reported variances to management in order to reflect the strategic direction of the company.
Cash Management
Developed & managed a reliable cash flow forecast/projection process & related reporting mechanism to meet operating needs.
Coordinated facilities with various banks including renewal, negotiation for charges & other conditions, observance of covenant & additional facilities etc.
Working Capital Management
Performed periodic review & analysis of working capital cycle especially in relation to Inventory, Receivables & Payable to ensure sufficient liquidity in order to meet short term obligations & operating expenses.
Auditing
Coordinated all internal & external audit activities to ensure that adequate internal financial controls are being implemented through effective financial policies & procedures; assured budgetary control & compliance with policies & procedures.
UK based company