Head Of Finance and accounting
Confidincail
Total years of experience :28 years, 6 Months
Online adviser and personnel work
Managing the Finance and Control department:
- Management day to day accounting operations.
- Monitor and sustain working capital.
- Oversee cost control, product costing, inventory and logistics operations.
- Prepare anual budgets and rollforward budget reports on a quarterly basis.
- Monitor and responsible for Asset Management and CapEx budget preparation along side control spending for effective ROI & ROA.
- Prepare & finalize monthly and annual financial reports with variance and profitability analysis.
- Improved the company's financial performance through enforcing internal controls
- Ensure compliace with the Nestle Accounting Standards and Saudi Local Statutory Reporting.
- Finance team training and development.
- Provide assistance and various report to all other departments regarding administration & finance decisions.
Finished personnel matter in home country
- Directing financial management functions including developing monthly / quarterly / annually financial statements, forecasts, budgets, cash flow planes and feasibility studies if needed and interacting with the board, CEO and executive committee concerning those matters.
- Leading team to insure day to day Control on Revenue, expenditures, invoicing and collection to ensure timely payments to Suppliers
- Analyze, prepare & discuss a wide spectrum of financial and non-financial data in order to foster the board and CEO decision making and strategic planning.
- Develop and perform financial Planning in accordance with the company’s strategic vision, mission and objectives then periodically review, evaluate and apply the necessary improvement.
- Develop and analyze many custom reports concerning the company activity such as: - polyclinic, clinic, Doctor, patient, and pharmacy costs, capacity, sales mix, inventory, marketing costs, general & administrative expenses and total activities reports.
- Offer professional advice from the financial perspective on any extend on business and work with board of directors for increase our profit margin.
- Enforce cost reduction procedures in all the company activities after the necessary analysis.
- Ensuring that strong financial controls and procedures are implemented.
- Monitor and responsible for Asset Management and CAPEX budget preparation alongside control spending for effective ROI & ROA.
Manage & Control the Finance department:
• Analyzing financial and non-financial information in order to assist senior management in strategic decision making.
• Assisting the CFO in preparing the Management Business Strategy (MBS - 20 year business plan)
• Prepare annual budgets and roll forward budget reports (dynamic forecasts) on a monthly basis.
• Management of day to day accounting operations.
• Monitor and sustain working capital.
• Oversee cost control, Costing, Inventory and Logistics operations.
• Monitor and responsible for Asset Management and CAPEX budget preparation alongside control spending for effective ROI & ROA.
• Prepare & finalize monthly and annual financial reports with variance and profitability analysis.
• Improve the Company's financial performance through enforcing of internal controls
• Finance team training and development.
• Provide assistance and various report to all other departments regarding administration & finance decisions.
• Lead project to create new Fleet Management System in ORACLE.
Managing the Finance and Control department:
• Analyzing financial and non-financial information in order to assist senior management in strategic decision making.
• Assisting the CFO in preparing the Management Business Strategy (MBS - 20 year business plan)
• Prepare annual budgets and roll forward budget reports (dynamic forecasts) on a monthly basis.
• Management of day to day accounting operations.
• Monitor and sustain working capital.
• Oversee cost control, product costing, inventory and logistics operations.
• Monitor and responsible for Asset Management and CAPEX budget preparation alongside control spending for effective ROI & ROA.
• Prepare & finalize monthly and annual financial reports with variance and profitability analysis.
• Improve the Company's financial performance through enforcing of internal controls
• Ensure compliance with the Nestle Accounting Standards and Saudi Local Statutory Reporting.
• Finance team training and development.
• Provide assistance and various report to all other departments regarding administration & finance decisions.
1. Provides direct support to the Financial Manager and replaces him when he is absent.
2. Prepares special assignments required by the Financial Manager.
3. Submits details and requirements of auditors at year-end closing.
4. Re-conciliates Monthly Bank Statement and company affiliate's accounts to follow up the reconciling transactions.
5. Re-conciliates suppliers account and prepares monthly aging report of suppliers.
6. Prepares monthly consumption of material and other selling goods to reconcile with store report.
7. Makes costing of finished goods product (coolers, juice, PET, NPL).
8. Prepares monthly prepayment amortization and depreciation on cooler and bottles under custody.
9. Makes costing of imported material/ coolers and schedules of LC/notes payable.
10. Makes costing of display racks/ pallets/ crates.
11. Make necessary JV related to monthly closing.
12. Prepares cheques/ payment vouchers and follows up with suppliers.
13. Controls daily deposit cash/ cheques in the bank and follows postdated cheques.
14. Posts daily receipt vouchers and adjustment transactions in the system
•Provides direct support to the Financial Manager and replaces him when he is absent.
•Prepares special assignments required by the Financial Manager.
•Submits details and requirements of auditors at year-end closing.
•Re-conciliates Monthly Bank Statement and company affiliate's accounts to follow up the reconciling transactions.
•Re-conciliates suppliers account and prepares monthly aging report of suppliers.
•Prepares monthly consumption of material and other selling goods to reconcile with store report.
•Makes costing of finished goods product (coolers, juice, PET, NPL).
•Prepares monthly prepayment amortization and depreciation on cooler and bottles under custody.
•Makes costing of imported material/ coolers and schedules of LC/notes payable.
•Makes costing of display racks/ pallets/ crates.
•Make necessary JV related to monthly closing.
•Prepares cheques/ payment vouchers and follows up with suppliers.
•Controls daily deposit cash/ cheques in the bank and follows postdated cheques.
•Posts daily receipt vouchers and adjustment transactions in the system.
Vouching backward from journal entries to source documents.
►provides evidence of existence.
►Handling contacts with the accounting department at the Companies were audited. Tracing forward for source documents to journal entries provides evidence completeness
►Handling and Operating the Computerized accounts systems.
►Management of day-to-day Petty Cash.
►Preparing bank reconciliation.
►Preparing half yearly operation cash forecasts.
►Maintaining, updating and supervising Payroll & Salaries System.
►Handling of suppliers Accounts.
Masters of Computer Application (MCA), major in computer system analysis
• Computer Diploma: (System Analyses & Programmer) (Microsoft Office: Operating system Dos, Windows, Word, Excel, Visual basic, Adv. V., Basic, Oracle, Visual COBOL, Adv. V. COBOL, Network and a good Internet user). Mansoura University – Scientific Computer Center