Group Finance Manager
Gulf group co
Total years of experience :8 years, 1 Months
Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
Participate in month-end close activities including the preparation and review of journal entries and review of budget-to-actual reports
Prepare and review monthly reconciliations of assigned balance sheet accounts and ensure that general ledger accounts are reconciled with resolution to reconciling items
Preparing many tybe of busness Budget ( Alban Production, Egg Production, Foreign Line and Sweet & spiieses )
Reconcile general ledgers, post journal entries, and assist with the preparation of financial statements
Accruals, fixed-assets, revenue recognition
Prepare, analyze and report weekly, monthly, quarterly gross margin analysis by brand by customer type
Assisting in the development and implementation of ERP systems.
Managing all activities in relation to Accounts Payable, Accounts Receivable and Cost Accounting
Reconcile intercompany accounts and post eliminating journal entries
Substantiate financial transactions by auditing documents. Verify and analyze business records, transactions, and procedures
Prepare monthly P&L, Balance Sheet, Cash Flow & Financial Statement analysis
Advises staff regarding the handling of non-routine reporting transactions.
Dealing with Private banking division .
BOM Management
Cash Management
Monitor and mentor/train junior staff, clerks, and bookkeepers
Consolidating and analyzing financial data, taking into account company’s goals and financial standing .
Develop financial models, conduct benchmarking and process analysis
Developing long-term business plans based on these reports
Handle full spectrum of financial and cost accounting role eg. AR, AP, GL, forecasting, budgeting
etc
• Responsible for day to day finance and accounts operations
• Perform full set of accounts and ensure timely closing of accounts.
• Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow
management reporting for submission to HQ in France.
• Review & approve payment vouchers & journal entries
• Perform cash flow forecasting, budgeting and working closely with the operations and project
teams in analyzing margins, variances and cost analysis.
• Issue project cost reports for review and approval.
Report on periodic variances and their causes
. Responsible for accuracy, completeness, and timeliness of financial results
. Assist operational leaders with financial analysis
. Financial reporting (monthly P&L) and preparation of annual budgets and year-end audits
. Responsible for cash flow management and projection based on rolling forecasts.
Cost
Preparing month-end cost inventory reports and analyzing the same as per the instructions
Ensuring that the journal entries are organized to report raw material accurately
Supervising the procedures involved in the monthly test counts in order to verify the accuracy of inventory balances
Verifying and analyzing the purchase price variance account
Keeping standard price cost updates as and when necessary