Senior Financial Analyst - Audit Manager
Forewinghana LTD
Total years of experience :20 years, 0 Months
Forewin Ghana LTD (Accra-Ghana) Established by a group of investors led by Ghassan Yared whom established the first business operation in Ghana under the name of Forewin Ghana Limited that became in a short period of time a leading marketing and Distribution Company in the market Driven by an entrepreneurial spirit and encouraged by the strong potential of the Ghanaian economy and the political stability of the country, the investors were motivated to develop new businesses in different industries thus venturing into industrial production, real estate development, free zone operations, heavy machinery and on line sales. www.forewinghana.com
• Managing and improving the company's entire financial accounting, monitoring and reporting systems
• Auditing and follow up on the reports received from controllers (inventory and customers)
• Ensuring all month end journals are posted in a timely and accurate way with appropriate supporting information
• Playing a strategic role in managing the company’s finances, budgets and associated business interests
• Auditing salaries, incentives and other benefits
• Liaising as appropriate with a range of internal and external stakeholders & responding to their needs accordingly
• Controlling all payments, cheques cancellations, returned cheques
• Ensuring the P&L team produce accurate analytics for senior managers for each brand, group and division
• Negotiating & working with a variety of internal and external stakeholders on issues of mutual financial concern
• Preparing Budget for the group as well as Assisting budget holders in the preparation of annual budgets
• Managing breakeven analysis feasibility
• Reviewing transactions to ensure proper accounting with established standards
• Updating and monitoring monthly projections for the group companies
• Interpreting financial information and data
• Analyzing the on-going profitability of all ventures entered into by the company
• Ensuring that strong financial controls and procedures are in place
• Preparation of monthly management accounts.
• Interpreting cash flows and predicting future trends
• Identifying the potential for making financial savings
• Management of tax reporting and compliance
• Handling and resolving financial queries
• Working closely with the IT team to ensure all financial data is secure
• Managing and developing a team of finance and AP professional
• Leading financial statement audits and the delivery of audit products
• preparing audit strategies and reports
• Manage the financial statement audits in accordance with an approved plan
• Ensure compliance with internal and external requirements
Achievements
• Handled the implementation phases for Microsoft Dynamic Navision 2016 (ERP SYSTEM) for FOREWIN GHANA LTD
• Managed the training for the Company staff on using Navision 2016
• Prepared user manual for Navision 2016
• Delivered satisfactory internal audits and annual control assessments for the region in past 2 years
• Automated, documented and embedded core business processes; record to report, order to cash, purchase to pay processes
• Delivered improved business capabilities; finance for non- finance, Sales and Operational Planning (S&OP), joined up business planning and measurement & evaluation
• Streamlined financial reporting and efficient financial reporting system
• Identified gaps in current forecasting reports enabling better exception reporting for more accurate financial data
Globest Services is an Offshore Company for the Largest Distribution Company in Ghana since 1998 called Forewin Ghana working on several businesses such as industrial production, real estate development, free zone operations, heavy machinery and on-line sales. www.forewinghana.com
Responsibilities
• Arranging P&L preparation for the group companies
• Arranging feasibility study and break-even analysis for several Brands, Companies and Projects
• Managing all Globest services financial matters; Budget preparation, Trial balance P&L
• Analyzing the sales and margins figures for the group by brands and categories
• Researching and analyzing financial information relating to the group
• Writing reports with regards to clients and their service history
• Coordinating and consolidating of annual business plan
• Providing analytical perspectives to important strategic decisions
• Conducting financial reviews of business issues like deal analysis, etc.
• Creating reports to help business teams across the region manage their spend
• Making presentations and recommendations as to which funds should be included in portfolios
• Controlling of merchandise spending
• preparing of month & year end results
Achievements
• Compiled and maintained monthly P&L, balance sheet and cash flow forecasting reports
• Provided support in the quarter and year-end review and audit procedures
• Supported finance group with special project
• Established balance sheet and cash flow forecasting models, ensuring greater financial control
• Identified balance sheet risks
• Established a capital investment appraisal monitoring process
Retail Affair Has Many Retail Fashion Brands such as BCBG MAXAZRIA in addition to other incoming brands with different branches all over Lebanon
Responsibilities
• Arranging business Studies for new brands (OTB, Cash Flow, P&L projection)
• Quarterly brand reporting to management
• Providing the financial planning rigour to support investment levels, geographical priorities and innovation opportunities
• Provide regular updates/insights in local competitive environment/landscape
Achievements
• Lead on insightful performance and efficient cost management analysis leading to improved investment allocation decision making across Retail Affair portfolio
• Preparing quarterly Forecasts and assisting in setting Budgets
• Initiated, calculated and reported upon a quarterly productivity analysis
• Review product margins to identify opportunities to maximize profit growth
BoConcept TREND S.A.L is one of the largest furniture retailers in Lebanon. Founded in 2007, the company expanded rapidly by creating partnerships with some of the most reputable furniture companies in the world. TREND S.A.L is currently the franchisee of many brands such as BoConcept, THE One, Polaris, Hülsta, now! by hülsta, VITEO, Ernestomeda, BONTEMPI, SAPORINI, nomon, VENJAKOB and Phillips Collection. BoConcept constitutes the backbone of sales in the company which are complemented by the other brands.
Responsibilities
• Responsible for brand performance reporting and budget reporting
• Developing A&P/Purchase order tracking process
• In charge of issuing the P&L and Cost Center
• Issue LC and follow-up till the engagement date
• Follow-up the banks positioning to manage the dues
• Analyze the sales and margins figures by brand, by location and by square meter
• Prepare and issue the items selling price
• Conduct strategic competition simulation analysis
• A&P budget management
Achievements
• Developed A&P/Purchase order tracking process
• Conducted strategic competition simulation analysis
• ABC is one of the premier shopping and lifestyles destinations in Lebanon. With 6 branches, including 2 flagship stores that combine world-class shopping, dining and entertainment, ABC is perpetually reinventing itself to create the ultimate leisure experience. WWW.ABC.COM.LB
Responsibilities
• Arranging and finalization annual budget
• preparing and submitting monthly economic report
• Analyzing and Follow up the Sales and Margins figures
• Forecasting sales and stock for future planning
• Preparing daily, weekly and monthly sales reports and analyze the data relatively to previous years and to the plan
UIDC is Affiliate of (Arabian Bemco Contracting Co.) founded in 1968 and has developed into a world-class EPC Turnkey Contractor in Industrial and Power Projects including Co-generation, Combined Cycle and Steam Power Plants. Under this expansion, BEMCO has undertaken the largest and most challenging turnkey projects in Saudi Arabia and the region using various state of the art technologies. BEMCO’s capabilities comprise full-scale and integrated capabilities in Engineering, Procurement, Construction, Fabrication, and Start-up & Commissioning. Bemco has a big fleet of Construction equipment’s and a workforce totaling 18, 000 employees.
Responsibilities
• Managing all financial and accounting activities of the Company
• Preparing all financial statement and Submission
• Issuing monthly management report concerning the company activities process, bids and financial situation
• Managing Payroll
• Preparing and updating the Projects Progress Reports, prequalification and bids
Responsibilities
• Writing and edit text
• Creating graphics to accompany text
• Designing page layouts
• Developing presentations and advertising campaigns
• Typesetting and do color separation;
• Translating electronic information onto film or other traditional forms
• Correcting the html files
➢ QA-Responsibilities include checking: - Fonts and styles used in the source text are the same in the target
- There are no corrupted characters throughout the text
- Text has not run onto the next page in the target text
- Correct graphics have been used in the target
- Text in tables is aligned properly and that the columns are wide enough for the text in the cells.
• Training at Bank Audi S.A.L.: Teller, opening accounts and loans department. (Lebanon - Hazmieh Branch): 01/09/2003 - 13/12/2003.
MBA in Financial Management at Université Montesquieu Bordeaux IV. 2004-2006
- BA in Information System at LCU (Lebanon) / partner of the UQAM (Canada): 2001 - 2004.
- Lebanese Baccalaureate in sociology / economy (SE): 2001. - Secondary Education with the college of St Jean Brasilia: 2000-2001. -Primary and secondary Education with the College des pères Antonins Baabda: