Senior Financial Analyst
Alkhabeer Capital
Total years of experience :15 years, 7 Months
- Prepare and deliver in a timely and accurate manner, daily and monthly financial reports, regulatory reports and Board financial packages to support the achievement of organizational objectives.
- Providing financial results to operational divisions along with analysis support.
- compare anticipated and actual results and identify areas of improvement by Tracking spending, analyze and report on differences between expected spending and actual.
- Forecast quarterly and annual profits.
- Developing financial modules through bench-marking and process analysis.
- Assist is building business plans and long term financial planning.
- Participate in annual budgeting and forecasting by coring the entire cycle from task planning, communication, execution, mismatch solving and leading in designing and maintenance of the budgeting and reporting systems.
- Review Accounting transactions for data accuracy.
- Preparing and presenting financial results and plans on Board committees and executive management.
- Coordinate with various teams and perform complex analysis and prepare reports to summarize financial data.
- Develop financial models, prepare forecasts and reporting tools to identify business opportunities, risk and ensure performance better.
- Coordinate with senior management and prepare forecasts and budgets to meet business goals with help of accounting staff and documents all research accounting issues.
- Coordinate with various teams and perform complex analysis and prepare reports to summarize financial data.
- Monitor and perform studies to interpret financial actions and modify accounting processes and provide technical advice and recommend improvements for same.
-Primary responsibility is to prepare financial statements and supporting schedules according to monthly close schedule.
-Facilitate and complete monthly close procedures.
-Analyze revenues, commissions and expenses to ensure they are recorded appropriately on a monthly basis.
-Prepare monthly account reconciliations.
-Assist with analyzing financial statements on a monthly basis and report on variances.
-Assist with financial and tax audits.
-Assist with preparing tax returns and corporate reporting requirements.
-Assist with quarterly producer commission reports; analyzing and correcting discrepancies.
-Assist in documentation and monitoring of internal controls.
-Assist with developing budgets.
-Maintain fixed asset system.
-Oversee Accounts Payable to include invoice review, coding, approval and ensuring timely
payment.
-Maintain Chart of Accounts for expense-related accounts. Maintain coding documentation
outlining types of charges and vendors coded to each account for distribution to Associates.
-Oversee capital budget. Track spending, analyze and report on differences between
expected spending and actual.
-Performs other duties as and when required.
-Verify and handle all payments in GL/AP.
-Verify and initial all sales commissions scheme in a timely manner, for all Divisions and all regions as per company policy.
-Participating in the Annual physical inventory of central the warehouses in Jeddah, KSA.
-Comply with all reporting needs for MGM.
-Handling & Updating Daily Sales Reports.
-Verify and check all employee expense claims.
-Handle all bank payment and cash payments requests.
-Control of advanced payments and ensure of their timely processing.
-Control of the Reconciliation of advanced payments.
-Control of all JV’S & FBR.
-Prepare AR analysis report. With monthly figures for all Divisions by regions wise. Including of actual collections Vs targets and variances.
-Update standard costs, validate cost of goods sold and review inventory variances.
-Entering and tracking all inventory.
-Determining pricing structure for Food Goods.
-Maintaining the inventory database.
-Releasing POs & Shipments in order to make it available for sale.
-Handling all Duty, Clearance and Transportation payments.
-Reconciliation for Duty & Clearance accounts.
-Coordinating with Ware House & Vendors to ensure delivering stocks to customer.
-Increase process efficiencies, offer improvements.
1- training in microsoft office programs specialy Excel.
2- learn how to use Oracle system and other data base system.
Covered the Corporate finance, International finance, Risk Management, Investment, Banking Management, Acccounting and economics.
Studied Intercutural Management, Doing Business in Europe and international business .