Financial Controller
TPH Group
Total des années d'expérience :13 years, 5 Mois
- Develop internal control policies, guidelines, and procedures for activities such as budget administration, cash and credit management, and accounting in compliance with IFRS and the Holding Company Policies and Procedures.
- Prepare monthly consolidated financial statements of the Subsidiaries and reporting to KSA HO for review, inter-company transactions and loans.
- Monitor and evaluate the performance of finance and procurement staff, recommending and implementing personnel actions, such as promotions and increments.
- Review VAT returns calculations before submission and insure timely tax payment and optimization.
- Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by KSA based Holding Company (Maharah HR).
- Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures and effcient control and utilization of financial resources.
- Establishing and enforcing proper accounting methods, policies and Standards according to IFRS, application of IFRS 16 finance leases and IFRS 9 ECL model.
- Authorize requests for disbursements in accordance with company policies and procedures.
- Coordinate External audits of company accounts and financial due diligence to ensure compliance Saudi Capital Market Authority and Holding Co. Policies and Procedures.
- Perform accounting functions as assigned including, book, reconcile and prepare financial Statements up to accounts finalization.
- Assists in preparation of monthly management reports and schedules, worksheets and narratives, including “Budget vs. Actual” variance reports.
- Assist in providing follow-up and documentation of significant variances.
- Interco Transactions and recharges. Interco Settlement between Countries HO and interco. loans and settlements.
- Assist with annual external audit. Complete requested materials.
- Bank Account Reconciliation and cash flow management for Corp HO, Currency hedging deals for EUR and GBP Payment.
- Payroll Processing and checking.
- Preparing VAT Returns and compliance with Taxation Manager.
- Account for and control the rebates Receivables, gondola and all other suppliers benefit entries.
- Ensure that books of accounts are maintained in accordance with IFRS and Retail Financial Policy.
- Prepare the monthly operating management reports (revenue and staff cost) and submit the analysis to Finance Manager for review and reporting.
- Review the payroll pre-process and process the monthly Payroll cards by Business unit, full and final settlements and inter-company / head office transfers.
- Follow up and analyze Inter-company transfers and recharges, Ensure timely payments to all Carrefour suppliers.
- Control on a monthly basis, the Petty Cash of the stores and HO reimbursement.
- Monthly Fixed Assets depreciation, CAPEX budget follow up and highlighting of unbudgeted Capital Expenditures, reconciling WIP account, preparing depreciation provisions and FA transfer between BUs and FA disposal.
• Accountant at EDT Offshore Egypt Marine and Petroleum Services from October 2010 till the 1 April 2012.
o Managed accounting functions and preparation of reports and statistics detailing financial results.
o Attended Safety Meetings with British Petroleum BP Representatives in Abu Qir Port.
o Developed Several Excel Spread Sheets used for Trend Analysis and Inventory purposes.
Faculty of Commerce, English Department.