general finance manager
Coldair Engineering
Total years of experience :18 years, 2 Months
To manage and supervise the implementation of the company’s financial policy.
To prepare the monthly closing report including all the financial Statement
To prepare monthly Cash flow forecast
To follow up with Auditors and prepare the audited Financial Statement
To recommend in hiring, prompting, training and dismissal of financed employed persons.
To monitor the company’s working capital cycle
To follow-up the execution of the contracts from the financial point of view.
To monitor the Account Receivable, follow up of collection and preparation of the Ageing analysis reports.
To Set up Final product Price at gross margin 40%.
To communicate with authorities regarding costing, taxes, social insurance and other governmental dues.
To plan and prepare budget in coordination with other department to be presented to the GM.
To ensure all company’s properties are insured with an insurance company.
To study the financial reports issued by the auditors and comply with their recommendations, if any.
Prepare and submit the group’s monthly financial results, budget and quarterly rolling forecasts and complete the reporting requirements to the parent company
Perform detailed account analysis and corporate month-end processing and reporting
Maintain the general ledger, ensuring compliance with IFRS
Review the monthly Business Activity Statements and review all monthly balance sheet reconciliations
Yearly stock levels and perform inventory reconciliations
Supervise the annual audits (internal and external)
Review and make decisions on credit limits of new and existing customers
Review and authorize the weekly accounts payable run
Improve existing processes and streamline workflows
Managed the corporate finance tasks including all financial, management and statutory accounting and reporting
Prepared and interpreted the actual monthly financial statements, forecasts, budgets and 5-year plans and reviewed the balance sheet reconciliations
Managed intercompany processes and monitored KPIs
Prepared statutory reporting and liaised with auditors on the year-end audit
Prepared, maintained and developed the corporate section of group policies and procedures
Loading into Hyperion System of the group
Prepared monthly management accounts and performed general ledger reconciliations
Supervised employees in the Finance and Administration Department and was responsible for the overall direction, coordination and evaluation of this unit
Coordinated the preparation of year-end statutory accounts
Established and maintained relations with banks and other financial institutions
Supervising month year closing process, including review of G/L entries, preparing accruals, prepayments, and other closing journals as deemed necessary.
Approving Journal vouchers and batches of financial transactions into general ledger.