Regional Finance Manager (2016-2021) | Finance Manager (2006-2016)
- Led finance strategy and full controllership across MENA & Eurasia region
for global consumer electronics business.
- Optimized cash flow and reduced borrowing costs by 15% and being
saved USD25-30 K monthly through better treasury strategy.
- Directed multi-million-dirham budgets, forecasts, and monthly
performance reviews.
• Key responsibility : Operational Leadership, Strategic Planning,
Performance Management, Process Optimization, Team Development,
Financial Oversight, Compliance and Risk Management, Stakeholder
Engagement, Market Analysis, Ensure that all statutory and regulatory
reporting requirements are met, Business partner effectively with other
departments and with Board to ensure that control standards are met,
Assess financial risks of potential new investment opportunities and
recommend solutions,
Manage cash flow effectively, Management and control of operating
budgets and planning & reporting, Ensure balance sheets through detailed
monthly reviews, identifying risks and opportunities and defining action
plan and compliancy with IFRS standards.
• Financial Reporting: Finalization of accounts and generation of monthly,
Quarterly & yearly.
• VAT &TAX control & monitor: Documentation, Classification, VAT & TAX
return and necessary liaison with authorities.
• Financial Analysis: Monthly variance, variation, ratio and probability
analysis in relation to Plans & Budgets Financial Planning: Yearly budget
and contribution to development of five-year business plan and forecast.
• Audit: Completion of interim and final audit with external auditors.
• Internal Controls: Effective and efficient management and sub-ledger,
classification, recording and filing of vouchers. Compliance with corporate
governance, internal controls, internal audit policies and procedures.
.
• Control Staff Development: Recruitment, training, rotation and
development of accounting staff based on specific job descriptions and
ensuring business continuity of smooth functioning of Finance &
Accounting and monitor & ensure quality in HR activities.
• Control Cash and Banks: Monitor, control & liaison with bankers- Avail
Bank facility and reduce borrowing cost, monitor Import & Export L/C & up
to its finalization, Bank guarantees, Trust receipts, Acceptance, Fund
management and Forward deal. Verification and Negotiation of Export L/C
and discounting on requirement. Petty Cash, cash receipts, and
disbursement, deposits, physical security of cash, periodic spot checks
over cash transactions, daily bank transactions, position, debt repayment,
bank guarantees and monthly bank reconciliation.
• Credit control: Ensure Timely collection AR, monitor Daily/weekly A/R
report & Forecast and ageing analysis and control over accounts
receivable, evaluation of Credit Standing, manage Securities & Credit
insurance, Granting CF, review & timely reporting to the management
(Excess CL limit/Credit period, GP ratio per customer, Blacklisting,
Provision for debtors & Definitive write-offs etc.).
• Control Inventory: Daily monitor & Control over physical receipts of goods,
receipt vouchers, invoice verification, issuance of goods and issue
vouchers, monthly stock take and stock reconciliation procedure.
• Prepaid Expenses & Deferred Charges: Periodic expense of prepayments
and deferments, deposits and staff advances.
• Control Fixed Assets: Monitor and control over physical receipts of fixed
assets, receipts vouchers, invoice verification, quarterly fixed assets,
physical verification and reconciliation procedure. Accurate classification,
recording of capitalization and depreciation of existing and Inbound fixed
assets, individual fixed assets, identification and control over fixed assets
disposal and write-offs. Maintenance of monthly fixed assets register of
existing fixed assets, purchases, transfers, write-offs and disposals.
• Control Accounts Payable: Control over Reconciliation of suppliers
- مجال الشركة:
- الإلكترونيات الاستهلاكية
- الدور الوظيفي:
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الإدارة
