Finance Manager
SNASCO Holding Group
Total years of experience :17 years, 4 Months
• Involved in management of finance & accounts of Group’s EPC, Food & Beverages and manufacturing business.
• Presentation of monthly and quarterly management report and recommendations to board members to bring the operations in line with the overall strategy of the group.
• Preparation and presentation of monthly operational budget commenting on operational KPIs and their financial impact while making recommendations for corrective actions.
• Validation of monthly financial statements.
• Cash flow management
• Management of receivables and credit evaluation of new customers.
• Payroll management.
• Preparation of Zakat Forms for DZIT submission.
• Managing internal & external audit.
• Budget preparation, validation and presentation.
• Financial systems maintenance and process improvement.
• Successful implementation of AX2012 ERP and management of data migration from legacy system to AX2012 ERP.
• Successful preparation and submission of feasibility study to banks and SIDF for an industrial project financing
• Successfully modeled business processes of a business to map it in AX2012.
• Successfully developed and implemented policies and procedures for the organization.
• Successfully analyzed and forward recommendations on the financials of a business, for a potential buy out, as a member of due diligence team.
• Managing day to day accounts and month end accounting activities.
• Ensuring accounting entries are being processed in line with accounting standards.
• Preparation and validation of monthly financial statements and consolidation with other companies in the group.
• Monthly reporting and analysis of divisional (SBUs) performance and their revised budget and sales forecast.
• Fixed Assets management.
• Property and Asset Insurance management.
• Conducting Physical audits of fixed assets.
• Cash flow management and foreign currency hedging management.
• Preparation of Zakat Forms for DZIT submittal and WHT report.
• Consolidation of financial reports for group reporting.
• Drafting of policies & procedures and evaluation of various internal controls and policies for improving control and efficiency.
• Preparing reports for internal & external auditors.
• Coaching, developing and mentoring finance team members.
• Budget preparation and validation.
• Financial systems maintenance and evaluation for improvement in reporting methods and provision of on time business intelligence to decision makers
• SAP HCM module implementation and maintenance and support.
• Managing day to day accounts and month end accounting activities.
• Handling Monthly payroll activity.
• Managing banking operations of the company.
• Preparing and managing company cash flow plan.
• Organizing short term loans to meet working capital requirements.
• Managing LC and letter of guarantee credit lines of the company for supplier payments, international and local.
• Managing timely payments of WHT payments.
• Managing company cash flow.
• Managing inter-company accounts.
• Preparing project costing for project bid submission.
• Preparing monthly cost sheet of projects and variance analysis of projects.
• Preparing reports for internal & external auditors.
• Preparing corporate financial documents and projections for shareholders’ presentation.
• Preparing Quarterly and annual budgets and forecast reports for review and strategic decision making.
• Ad-hoc and statutory reports for management highlighting project performance and profitability.
• Statutory reports for government departments.
• Managing banking operations of the company.
• Managing company cash flow.
• Managing inter-company accounts.
• Preparing project costing for project bid submission.
• Preparing monthly cost sheet of projects and variance analysis of projects.
• Preparing Quarterly and annual budgets and forecast reports for review and strategic decision making.
• Ad-hoc and statutory reports for management highlighting project performance and profitability.
• Prepared and implemented Chart of Accounts setup for the newly incorporated company.
• Drafted policies and procedures for the company’s accounting cycle with appropriate controls.
• Assisted in negotiation of credit lines for the company with various banks.
• Responsible for maintaining general company accounts.
• Managing cash flow of the organization.
• Finalization of P&L accounts for external audit.
GPA 3.5, Majors included Finance and accounting; Dissertation topic was Impact of E-commerce in the economy of a developing country and its impact on the money lines of such an economy.
Completed a double degree majoring in IT and Accounting. Final project included communication between two machines on machine language level. and a dissertation on Corporate Social Responsibility and Boeings project for the US airforce. Boeing lost the project to Lockheed Martin. The dissertation covered the topics of what went wrong on part of Boeing's management and how their CSR attitude ultimately led to them loosing the project. The report also comments on what could they have done better.
Completed 2 years. Projects included computer programming in JAVA language and System Analysis and design of a university admission system.
High school diploma. Secured a score of 6.8 out of 10. Projects completed in High school included review of Australian legal system and its evolution and computer integration in our business atmosphere; Advantages and its drawbacks.
Higher Secondary School Certificate. Majors included banking, finance and statistics