Chief Financial Officer
KAB Holding and Arabian ceramic Manufacturing Co LTD
Total years of experience :32 years, 4 Months
Over Twenty-Eight years of Accounting & Administration supervisor, with management experience in Industrial & manufacturing and Projects wise.
Comprehensive knowledge of financial statement preparation and analysis. Expert knowledge of individual and corporate tax law. Proficient in applying principles to auditing engagements and management reports. Develop
, co-ordinate and manage administration procedures
All activities of personnel supervision, resolving problems, and project management activities.
Job Scope
- Direct and organizes all general accounting & financial staff.
- Prepare accounting and financial reports and ensure accurate accounting system and record keeping.
Major Duties & responsibilities
1 - Professional in Business Valuation.
2 - Professional in VAT (Value Added Tax).
3 - Excellent Knowledge of IFRS.
4 - Professional in preparing Business Visibility Studies and SIDF Studies.
5 - Professional in preparing Anti-Dumping Studies (Succeeded in 3 Complaint in Egypt and
Now go through one in KSA ).
6 - Manage Axapta ERP system 2012. (Key Manager Person of the System).
7 - Develop the internal control policies and procedures for activities.
8- Direct the preparation of financial statements, Business activity reports, financial position
Forecast and annual budget.
9 - Coordinate and direct the financial planning, budget and procurement of the factory.
10 - Assure that all policies and procedures of the company related to the finance, cost accounting
And treasury cycle has been adequate practiced and adopted.
11 - Authorizes disbursements in accordance with policies and procedures.
12 - Provide direction and assistance to other organization units regarding accounting and
budgeting Policies and procedures and efficient control and utilization of financial resources.
13 - Final review of standard costs and master budgets and periodic review of standard costs and
Making adjustments (if necessary) to reflect current standard.
14 - Analyse the financial details of past, present and expected operation in order to identify
Development opportunities and area where improvement is needed.
15 - Evaluate needs for procurement of funds and investment of surpluses and make appropriate
Recommendations (cash Budget).
16 - Management of working capital by adopting quantitative techniques for cash, inventory,
Receivables (aging) and payables.
17 - Advise management on short term and long term financial objectives, policies and actions.
18 - Monitor financial activities and details such as reserve levels to ensure that all legal and
Regulatory requirements are met.
19 - Maintain current knowledge of organizational policies and procedures and directive and
Current accounting standards.
20- Ensure compliance with requirements and covenants of SIDF and other financial
Establishments.
21 - Advise management on actions regarding the purchase, lease or disposal of fixed assets.
22 - Coordinate audits of company accounts and financial transactions to ensure compliance with
Authorities’ requirements and statutes.
23 - Prepare financial information so that outside accountants can complete tax returns (Zakat).
24 - Quarterly and final analysis of the financial statements to highlight the profitability, liquidity,
Operations and working capital ratios.
25 - Lead staff training and development in budgeting and financial management areas.
26 - Monitor and evaluate the performance of accounting and other financial staff,
Recommend and implement personnel action such as promotion and dismissals
Major Duties & responsibilities
• Preparing Financial Statements (Balance sheet - income statement - cash flow).
• Preparing annual budget.
• Making cost of the products by using standard costs system.
• Activate ERP Axapta ( AX Dynamics 2012 ) system.
• Coordinate with other departments to achieve goal congruence.
• Implement internal control policies and procedures.
• Participate in pricing the finished goods for sales.
• Prepare information and report for VAT ( Value Added Tax ) .
• Deal with external auditor.
• Make sure that all financial statements are prepared compliance with roles and govern regulations.
• Preparing periodic financial statements and report the result to high management.
• Participate in putting the long term strategies for the company.
• Responsible for preparing Antidumping claims.
• Measure the performance of staff in finance department.
• Give recommendations to reach maximum profits and cost reduction.
from 1985 to 1989