Regional Financial Controller for MENA Region (Head of Finance)
lundbeck
Total years of experience :19 years, 5 Months
Lead, direct, and control the organization's financial resources to maintain the short and long-term
financial health of the region and market zone business. Reporting to the Regional Managing Director of MENA with the following Duties:
• Managed the arrangements for preparing the Budgets and estimates in conjunction with the Countries manager, Regional Departmental Heads and RMD.
• Lead the Regional accountancy team and meet the team’s objectives as set out in the annual business plan.
• Lead and reviewed the work plan for the Regional Accounting Department in Middle East;
• Lead month-end and annual closings, preparations and consolidation for all Middle East financial statement in accordance with accounting standards.
• Prepared regular monitoring reports for the Corporate Leadership Team and being responsible for distributing financial statements, cost center reports, comparison reports and financial commentary reports according to schedules.
• Take the lead responsibility for advising the Top management on accounting and financial reporting matters and in accordance with appropriate accounting and financial standards.
• Assured compliance with local and corporate policies, regulations and laws.
• Liaison work with internal and external auditors so far as possible that the accounts are published and audited with a minimum of reporting of audit points of concern.
• Maintained and monitored the fixed assets register closely.
• Managed Tax and Zakat obligations &Inspections.
• Developed and implemented various accounting procedures.
Manage the day-to-day financial activities of the organization; control its financial resources and ensure that all financial transactions, systems and procedures comply with regulations, accounting principles, and standards Reporting to the Regional Finance Manager MENA with the following duties Activities include:
• Mentored and assisted the Regional accountancy team and meet the team’s objectives as set out in the annual business plan.
• Coordinated and reviewed the work plan for the Regional Accounting Department in Middle East;
• Managed month-end and annual closings, preparations and consolidation for all Middle East financial statement in accordance with accounting standards.
• Financial analysis and reporting; taxation; insurance; credit control; accounts payable and receivable; inventory and costs control; and budgeting and forecasting
• Met with staff to identify and resolve problems; assigned work activities and projects; monitor work flow; review and evaluate work products, methods and procedures.
• Managed and developed Regional accountancy in addition to Utilizing teamwork to develop departmental synergy.
• Ensured internal and external deadlines adherence.
• Analyze transactional processes and identify areas where additional accuracies and efficiency can be achieved.
• Reviewed accounts payable and weekly check runs and ensuring proper handling of financial transactions and approves transactions within designated limits.
Responsible for the consolidation of the financial reports and Reporting to The Regional Finance Manager in addition to the Accountant role.
• Prepared Monthly Cash Reports for Egypt and regional office.
• Verified of Availability of Funds in bank Accounts and the fund management.
• Calculation, Payment and Issuing Salaries, Stuff Expenses, Checks, Allowances, Travel Claims, Swift Transfers, W/H Taxes, Salaries Taxes, Social Insurance and Other Payments to Staff Members, International Claims, Vendors and Others in addition to Refunding Managers Business Credit Cards .
• Prepared Debit & Credit Vouchers for bank & Cash and entering daily Transactions into the system.
• Prepared various Ad-hoc reports to Upon Request.
• Monthly Reconciliation of Cash Reports with Bank Statements.
• Responsible for the Office Safe and Management in Accordance with the Company Policy.
• Assisted in the Preparation of Quarterly Estimates and Monthly Financial Statements to the Head Quarter & the Regional Managing Director.
OUDA is a Unit Established by The United Nations & the Ministry of Foreign Affairs to Control the UN's Development Projects.
Duties:
•Verified the availability of budget and funds.
•Calculation, payment and issuing salaries, vouchers, checks, allowances, travel claims and other payments to staff members, experts, consultants, International claims, vendors and others.
•Maintained cash books, including control of disbursements and balancing of books and ledgers.
•Reconciled bank statements with cash books.
•Maintained all financial Documents: Submitted all Payroll-related records and documents and updated employee Information as needed in an organized system with a logical arrangement.
•Prepared & provided support to the finance officer & CFO in issuing monthly and quarterly financial reports (Financial position, Quarterly reports, Budget reports and financial planning) for the MIC, UN & Non-UN Projects.
•Software applications used: SQL and Microsoft Excel.
•Cash handling, customer service, balance drawer, petty cash.
•Recording Customers orders and deposits.
•Depositing checks at the bank.
•Monthly Bank Reconciliation and Suppliers account Reconciliation.
Certificate No.38318
(International financial reporting standards) Diploma including bridging the gap between the IFRS and Egyptian standards.