Finance Technical Officer - Budgeting & Reporting
Norwegian Refugee Council (NRC)
Total years of experience :13 years, 11 Months
➢ Ensure strong grants monitoring and reporting systems are in place which ensures timely reporting
and utilization of the funds
➢ Work closely with budget holders on proposal/budget preparation and giving technical support for
the area finance coordinators to make sure the submission of the donor budgets. Ensure the grant
tracking report is updated and implemented to ensure timely reporting.
➢ Undertake proposal and grant application reviews to assess compliance with NRC and donor
guidelines
➢ Provide up to date BVA to the support and Program teams and support them for upto date spending
plans.
➢ Check and capacity build the Implementing partners.
➢ Support line managers in procedures and require support team trainings Management of support
team.
➢ Management of Donor budgets, implementation as per donor rules, monitoring of the projects and
reports are according to NRC’s and donor procedures.
➢ Support project staff in financial matters including budget preparation, budget monitoring and
budget revisions.
➢ Maintain budget control so that the spending is as per donors’ projects per area/country
Management of the implementing partners for budgets, reporting and capacity building.
➢ Arrange, manage and coordinate the project audits and Partners audits
➢ Ensure the BPO is updated on real time basis and prepare the country Forecast as per NRC
deadlines.
➢ Follow-up with Implementing and consortium partners.
➢ Prepare donor financial reports and submit to the regional office for review.
➢ Assist in the production of donor financial reports and any other financial management reports.
➢ Participate in budget preparation for new proposals and grant applications on agresso and in donor
format.
➢ Prepare transactions to be posted.
➢ Assist in preparing the auditors requirement and tax declarations.
➢ Coordinate with area Finance Officers, Project Managers, Area Manager regarding financial report
and budget preparation
➢ Ensure allocation of expenses in line with approved budgets and projected expenditures (master
budget, consolidated allocation tables, BPO, etc.).
➢ Support the maintenance of financial archives in accordance with donor requirements.
➢ Post transactions and prepare Financial reports (BvA, BRS, Donor reports, payroll) as per need
➢ Consolidate financial reports of both AOs.
➢ Verify and post payrolls of AOs.
➢ Checking & reporting observations on the company's compliance of systems, policies & procedures
through in-depth analysis & study of vouchers, documents, financial records & business processes.
➢ To maintain the audit log & follow up with the auditees to close pending audit recommendations.
➢ Work with management to conduct a business risk assessment to assess, identify, and monitor
pertinent strategic, operational, and financial risks that could interfere with the company’s objectives and ensure line managers plan to mitigate the identified risks by maintaining a business risk register.
➢ To provide an investigation capacity reporting to the management on areas of specific concern, including possible initial fraud investigation.
➢ Conduct and/or participate in perpetual, monthly & yearly stock & assets verifications in showrooms, warehouses & 3rd party premises of the companies, including variance analysis reports.
➢ Conduct surprise cash verifications at the various BU’s locations.
➢ Manages all company bank transactions ensuring accuracy of transfer information, speed of delivery
and efficiency of transactional recording process.
➢ Responsible for ensuring the payment of invoices in respect of goods or service that have been
purchased or ordered from inside & outside of Sudan are paid in a timely manner.
➢ Manage cash handling and the reconciliation process of bank deposit and withdrawals to ensure
accuracy of recording and reporting and communication with stakeholder to settle It accordingly.
➢ Preparing daily cash position for Management.
➢ Maintaining the Bank reconciliation in order to control inward & outward cash flow.
➢ Preparing and processing the FX Purchases & Repatriation & revaluation.
➢ Prepare and submit and upload exchange rate in MIS & SAP.➢ Manages all company bank transactions ensuring accuracy of transfer information, speed of delivery
and efficiency of transactional recording process.
➢ Responsible for ensuring the payment of invoices in respect of goods or service that have been
purchased or ordered from inside & outside of Sudan are paid in a timely manner.
➢ Manage cash handling and the reconciliation process of bank deposit and withdrawals to ensure
accuracy of recording and reporting and communication with stakeholder to settle It accordingly.
➢ Preparing daily cash position for Management.
➢ Maintaining the Bank reconciliation in order to control inward & outward cash flow.
➢ Preparing and processing the FX Purchases & Repatriation & revaluation.
➢ Prepare and submit and upload exchange rate in MIS & SAP.
Deliver OPEX budget plans and reviews. Consolidate plans, support and challenge forecast area LE, ASP.
Ensure postings accuracy providing feedback to areas. Deliver accruals, reclasses and cross-charges.
Lead budgeting & forecasting process LE, ASP.
Analyses: Rolling forecast development and analyses, and variance explanations for total OPEX.
Participation in consolidation and analysis of financial data on a Market level in compliance with management and IFRS requirements (Market P&L, Gross Margin, Net Sales, OCC).
Contributing to the month and year-end closing process, variance analysis of financial results vs. plan.
Preparing, analyzing and advising on various investment scenarios and pricing scenarios for local and HQ management decisions.
Formalization of financial calculations for BAP/MEMO.
Prepare monthly journal entries such as Cash, Payroll, Benefits, Prepaid, In-kind, Expense Allocations & Revenue.
Detailed Account analysis on a monthly basis.
Develops and implements accounting procedures by analyzing current procedures; recommending changes.
Accomplishes accounting and organization mission by completing related results as needed.
Responsible for completion of and posting Entity Ledgers (BS & P&L)
Apply proper local policies to comply with Corporate Policies and Procedures.
Provide accurate and timely monthly closing.
Work with multiple departments to ensure completeness and accuracy.
Assist with Balance Sheet preparation and Monthly Account reconciliations.
Maintain and update Fixed Assets spreadsheet.
Review cash deposits and prepare cash receipt journal entries.
File and maintain all journal entries for internal and audit purposes.
Assist in automating processes and procedures.
Assist with financial audits and tax return paperwork.
Backup Accounting Specialist with duties.
Work with multiple Finance and Non-finance departments to Complete Key Account reconciliations monthly.
Ensure Customer compliance, Alignment with sales ensuring invoice is within credit terms.
Maintain up-to-date billing system.
Ensure follow up on and collection of payments, reporting activities according to deadlines, perform account reconciliations, generate age analysis.
Consistently review AR aging to ensure compliance, maintain accounts receivable customer files and records, collect data and metrics.
Responsible for O2C compliance.
Monthly Credit Reports preparation and Upload in SAP.
Passing commissions and subsidies of agents in the system.
Achieve the monthly cash collection target.
Maintain customer’s records and obtain statement confirmation.
Responsible from monitoring and controlling Retail Distribution Channel.
Performing quality check on CCAM reports prepared by Field Due Diligent officer as per request received from various banks like ADCB, AIB, FGB, CITI, RAK Bank and etc.
Assessing reports and provide rating based on the information available.
Credit and Financial Strength analysis of Corporate and SME clients.
Analysis of Financial Statements, Bank Statements and giving recommendation for Business Loans, Mortgage for Construction Loan, Top-up, Refinancing & Buyout.
Performing logical check and seek clarification from field visit associate in case of any red flags or forged documents.
Performing D&B check on the key management and beneficial owners to filter out possible risks associated with them.
Ensuring that AML Policies and Procedures and controls cover all applicable laws and regulations.
Identification, Management and Reporting of any fraudulent activities observed in the subject company.
Finding out process gaps and work on to improvise it.
Maintaining daily communication with the banks and customers for case status, queries, report and project deliveries and documentation.
Identifying the redundancy in the process flow and implementing the corrective steps to streamline the process flow.
Presenting cases in the forum for the senior management consent and recommendations.
Dal Food Division includes Dal Diary Factory, Dal Food Industries (Cocacola, Fanta, Raino, Safia) and Sayga Investment Co (Sayga Food Industries, Sayga Pasta and Sayga Trading) starting from March 2013 until now
Responsible for the ongoing analysis of process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities.
Construct and monitor those cost-effective data accumulation systems needed to provide an appropriate level of costing information to management
Prepare and present P&L for Animal Feed Value Stream
Prepare landed cost Provision analysis and reconsilation.
Assist and support all stake holders in evaluating different scenarios in order to have the best decision or solution.
Perform Standard Cost Variance analysis and release it to income statement in order to reflect the atcual COGS.
Responsible from Costing of all items in Sayga Pasta and Sayga Trading Co(Including RM, PMand Finished goods)
Coordinate physical inventory counts and cycle counts
Prepare various reports for Company's projects managers.
Assist in closing general ledger for each period; prepare cost reports for management.
Provide analytical support to the operations team.
Establish work center labor, machine, and overhead rates, as needed.
Participate in the annual budget process.
Credit Officer (Sales Accountant), Sayga Investment Company (Is biggest company in Dal Group which is the biggest group in Sudan) since December 2008 until January 2013.
➢ Monitoring customer financial performance through analysis of customer accounts and reviews their guarantees.
➢ Ensure the execution of credit policies and all other company policies.
➢ Achieve the monthly cash collection target.
➢ Review periodically the guarantees provided by the customers.
➢ Prepare and distribute daily credit limit report.
➢ Responsible for sisters companies accounts in Sayga (other dalgroup firms account in Sayga)
➢ Passing commissions and subsidies of agents in the system.
➢ Effect customer accounts with RD cheqes and report marketing department and follow up and collect it.
➢ Maintain customer's records and obtain statement confirmation.
➢ Responsible for opening new customer accounts and maintaining customers' master file in system which contains customer full details.
➢ Resolving customer quarries regarding their account and credit status and follow up the default payment.
➢ Prepare customer credit and debit note and statement of accounts.
➢ Reconcile and clear AP/AR clearing suspense account.
➢ Reconcile AR to ledger control accounts.
➢ Perform daily Bulk Invoice.
➢ Report to AR manager and financial manager the following:- 1- Statements of customer accounts (monthly)
2- Daily Cash inflow or Collection Report to Financial Manager using Excelcius software.
3- Ageing Report (monthly)
4- AR analysis Report (Monthly)
5- Daily credit limits Report.
6- Monthly Accrual Commission Report.
7- Customer performance report.
➢ Master of Business Administration (MBA) Finance specialization: Course institute: University of Medical Sciences & Technology (UMST). (August 2012) Relevant Coursework Corporate Finance, Financial Analysis, E-Banking, E-Commerce, Financial Derivatives, Financial and Managerial Accounting, Macro and Micro Economics, Principles of Marketing, International Finance, Management and Management of Information Technology. Marketing Strategies, E-Marketing.
Awards and Achievements: Gained scholarship at my sophomore year because of my good performance in college. Graduated as best student in finance specialization with the highest GPA in my class. Research Projects Related to Finance The Role of Islamic banks in financing projects (graduation project) May 2008 Analyzed the Islamic banking system Conducted and distributed surveys on many companies. Studied Omdurman National Bank as a case study. Development of ATM system in Sudan. Coordinate with EBS (Electronic Banking Service Co), the only company responsible for providing Banking Services in Sudan. Studied the services provided by ATM.
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