Head of Internal Control department
AM GROUP
Total years of experience :21 years, 0 Months
o Ensure the commitment of all departments in the application of the internal regulations of the company.
o Follow up budget & make sure not to exceed the approved budget.
o Discuss with department managers in any excesses, problems and obstacles that may not achieve their goals which lead to failure to achieve the company's goals and try to make the appropriate correction to resolve the problem.
o Develop reports, presented to department's directors so that it can be easy to take the right decision at the right time.
o Make sure to implement the rules of the Internal Audit accepted documents and make sure the restrictions generally accepted accounting accuracy.
o Implementation of internal policies to each department, which had been approved by the Head Office.
o Review of all the accounting entries & compliance with the Egyptian accounting standards
o Manage meetings for the directors of different departments in the company, to discuss the performance of those departments and detect any potential failure and take corrective actions.
o Discuss with each department's executives on their perception of the future in the company's performance and the availability of means to achieve their goals and the goals of the company and the goals of the group.
o Member of the consulting committee for the Board of Directors.
o Ensure the commitment of all departments in the application of the internal regulations of the company.
o Follow up budget & make sure not to exceed the approved budget.
o Discuss with department managers in any excesses, problems and obstacles that may not achieve their goals which lead to failure to achieve the company's goals and try to make the appropriate correction to resolve the problem.
o Develop reports, presented to department's directors so that it can be easy to take the right decision at the right time.
o Make sure to implement the rules of the Internal Audit accepted documents and make sure the restrictions generally accepted accounting accuracy.
o Implementation of internal policies to each department, which had been approved by the Head Office.
o Review actual performance during the period of time compared with the plan of the previous year.
o Preparation of analytical performance ratios to easily evaluate the results.
o Review of all the accounting entries & compliance with the Egyptian & global accounting standards
o Manage meetings for the directors of different departments in the company, to discuss the performance of those departments and detect any potential failure and take corrective actions.
o Discuss with each department's executives on their perception of the future in the company's performance and the availability of means to achieve their goals and the goals of the company and the goals of the group.
o Review the company's financial performance and discuss with company’s CFO the results and shortcomings, if any, view the actual results against plan and the previous year for the same period as well as the use of financial analysis which had been prepared for ease of viewing the results
o Member of the consulting committee for the Board of Directors.
o Review the results & performance for 15 industries under the Americana Group in Egypt.
o Prepare evaluation reports for each company & discuss with companies management.
o Share the suggested course of action with management to solve any problems.
o Prepare annual reviewing reports for all American companies and share with head office in Kuwait.
o Developing annual financial statements to ensure that the financial status of business is accurately represented.
o Managing the accurate recording of all financial transactions.
o Developing & controlling the budget, cash flow, forecast & business plan.
o Applying suitable internal audit controls.
o Liaising with external auditors to demonstrate compliance to legislative and statutory accounting standards.
o Manages Accounts Payable and Receivables.
o Preparing Stock Reconciliation Report (comparative report between physical stock count & actual balance stock in books).
o Preparing cost analysis report comparing last month / year same period.
o Preparing Profitability Report for each SKU.
o Bank Reconciliation.
o Sales Report (Weekly / Monthly).
o Manage Cash Flow & Follow up Bank Position (Weekly / Monthly).
o Preparing Financial Statement (P/L, BS, Cash Flow) - (Monthly).
o Preparing Comparative Reports (Actual/ Budget / Forecast) for expenses, sales, and collection.
o Preparing Annual Budget report.
o Sending all Reports to Head Office in Kuwait (Sales Reports and P&L).