General Manager
juice time
Total years of experience :17 years, 11 Months
Aseer time Location: Al Kuwait, Kuwait
Company Industry: FMCG (Aseer time - baba kanafa - burgerat - maraheb bubai- einstin)
Aseer time has more than 65 branches in GCC - Franchising system
As a Group Finance Manager, handled financials for various companies under the Baker Group including: Mr Baker, Kanafany, Subs & Rabs, Herfy, Abu Saleem.
Highlights u**
• Successfully developed and maintained the financial module of an ERP system which led to higher process efficiency.
• Established IT infrastructure in accordance with company and corporate needs.
Responsibilities u**
Finance & Accounting Management
• Conceptualized and implemented competent financial strategies with emphasis on contractual obligations, financial management, systems and procedures to maximize profit, and provided periodic reports of various group companies to the senior management.
• Established new operational control procedures in the accounts department.
• Controlled costs and operating expenses using appropriate financial metrics and optimized spending.
• Monitored budgeted figures and ensured adherence to these through effective inventory management, cash controls, utility controls, hourly labor management, and compensation & promotion management.
• Prepared all monthly journal entries necessary to complete monthly financial statements and reviewed cash flow, cost controls and expenses.
• Prepared annual audit plan focusing on key business risks to safeguard company assets ensuring adequacy of insurance coverage for all assets and processes.
• Coordinated with the External Audit Team; planned, supervised and completed the audit under GAAP standards and presented the financial risk and issues identified to the Management.
• Coordinated with the Banks & financial authorities on financial reporting.
• Developed financial notes report (attached with the monthly sales and net income results) regarding the monthly financial results of the company.
Business Planning
• Established corporate goals, short term and long term budgets and developed business plans in line with company objectives and goals.
• Developed a Franchise Program including the Franchise Structure Report, Financial Plan and franchise agreement in coordination with the Department Managers.
Training
• Identified training needs, developed formal training plans and conducted training sessions for accounting and operational staff in coordination with other departments.
Responsibilities u**
Audit Management & Planning
• Assisted in reviewing, evaluating, and developing recommendations for improving internal, operational, and management control systems.
• Interacted with internal company associates and client representatives, vendors, and other business-related representatives in order to gain in-depth understanding of the audit process.
• Participated in developing audit and test plans for assigned audits.
• Led audits and ensured that they were completed within the forecasted timeframe and within budget.
• Identified and documented audit findings, including root causes analysis and recommendations.
• Reviewed audit work papers and audit reports and followed-up on past audit recommendations.
• Audited and reviewed the management accounting system covering financial accounts and ensured compliance with IFRS.
Risk Identification & Management
• Developed processes and policies for reporting findings which clearly articulated the risks and included actionable recommendations.
• Evaluated and ensured that risk management, control, and governance systems were functioning as intended and would enable the organization’s objectives and goals to be met.
Leadership
• Provided supervision and coaching to staff members; mentored them to take up higher responsibilities.
Previous Assignmentu**
• 10 years, Jordan Engineers Association
Professional Development Trainings • Income Tax Course in Jordan • Qualification Course for the Jordanian Auditing Board examination • Training Course of MS-DOS & windows • Training programs of procedures of internal auditor • Financial analysis using excel • Training course of Certified Management Account (CMA)