Manager for Cost & financial Reporting
Savola - Plastic Sector (Takween advanced industries)
Total years of experience :19 years, 4 Months
* Responsible for yearly Budget and Mid Term plan for next 5 years and 10 Years .
* Responsible for Feasibility studies for strategic decisions, new investments and Restructuring.
* Responsible for the new prices for the New products for the market and for the key customers.
* Responsible for Monthly, yearly closing financial statements reports and related analysis.
* Responsible for Monthly closing Analysis CM-MM-COGM-COGS-AR-AP-Accruals and Payroll.
* Responsible for profitability and Performance reports, Recommendations for required actions.
* Responsible for managing Standard and actual cost, recommendations for the required actions .
* Responsible for the analysis for the variances between approved plan VS actual performance.
* Responsible for cost management policy and supervising cost reduction implementation process .
* Responsible for all inventory movements reports & Reconciliation & control .
* Responsible for assets and resource movements control, analysis and recommendations.
* Responsible for providing the requirements of the External and internal Audit .
* Prepare P&L and Balance sheet and cash flow statement
* Prepare Budget for group and analysis in monthly wise
* Preparing Bank Reconciliation Statements
* Analysis receivable accounts ‘balance & suppliers ‘balance
* checking & review the balances of inventory items
* checking & review the payroll payments & updates
* Review approving the cost centers report
* Scheduling the accounts payable and preparing the payments
* Managing compilation of final accounts and assisting external auditors in their queries
* helping the top management in decision making through financial planning and prepare feasibility
* develop the financial System with team for effective the operations & financial reports
Training of accountants & finance team on how to use Oracle ERP modules during Oracle erp implementation process .
we training the finance team how to do financial transactions & the data required during implementation process .
Monthly closing & Management Reporting
Product costing cost of goods sold & material wastage monitoring with analysis & Variance reporting.
Inventory valuation& monitoring
Budgeting and forecasting with periodical controls, variance analysis
Responsible for accounting transactions including financial reporting
Preparing Bank Reconciliation Statements and supplier reconciliations
Prepare statements of salary and wages
Interfacing with the customers and suppliers
Maintain general ledger accounts
Assure that all transactions have been input correctly and accepted by the system
reconcile trial balances. Analyze, and summarize data from system documents, and reports
Prepare year-end adjustment entries to balance accounts
Finance