Financial Controller
Karim Food Industries
Total des années d'expérience :33 years, 10 Mois
Achievements:
1. Reduce insurance costs by 30%.
2. Achieve 10% growth in sales revenue.
Key responsibilities:
1. Financial Planning: Plan, direct, and organize the accurate and timely reporting and forecasting of financial information for department in the group. Lead the process of preparing, consolidating and reviewing budgets, forecasts and business plan. Provide financial planning and analysis to give tactical and strategic insight to the Management . Calculating the variances in the operating expenses vs. plan and vs. yago.
2. Interpreting financial reports, resolving accounting issues, reporting monthly P&L, B/S & Cash Flow statements and identifying associated risks and opportunities.
3. Business Planning: Consolidation of the company 5 Year outlook. Review proposed business plans as well as the financial structure (Financing needs). Develop the company's planning models. Develop long term financials models, scenario planning and impacts of company reorganizations. Preparing the Balanced Scorecard (BSC) and the SWOT analysis on quarterly basis.
4. Business Analysis: Identify and implement business analysis projects across the business. Create and leverage financial and operating models for various business project. Develop and introduce financial models for use by the international business and its subsidiaries .
5. Determining impact of various pricing and volume mix on NOPBT and cash flow to recommend appropriate sales price and the shift in the sales mix.
6. Preparing the Quarterly Management Business Review for the financial and the non-financial key performance indicators (KPI's) vs. yago and vs. plan and discuss variances with the head of departments to take a timely corrective actions.
7. Identifying & highlighting any anomalies that occur in departments which can diminish the efficiency of financial and other departments of the company.
8. Manage the company's cash flow on daily basis.
9. Ensuring strict adherence to respective budgetary guidelines, effecting cost reductions, and negotiating payment & credit terms with suppliers and customers. Verifying monthly aging reports to expedite collections and make payments on time.
10. Internal Control: Implement /upgrade systems, processes and controls capable of delivering financial information in line with the IFRS and of supporting the future growth of the business by preparing and updating the Standard Operating Procedures (SOP's) to improve internal controls. Analyse sales cycle (stock, sales and cash) procedures, conducting risk assessment to mitigate risk.
Certificate in International Financial Reporting Standards IFRS
Diploma (DipFM) in financial management covers the following parts: 1. Interpretation of financial statements. 2. Performance management. 3. Financial strategy. 4. Risk management.
Very good rating
