Group Financial Controller | Finance Director | Finance Professional | CFO
ACE GLOBAL
Total years of experience :26 years, 10 Months
• Responsible for financial reporting of 20 affiliates across the globe
• Managing local finance teams and assuring compliance according company procedures and policies.
• Development and implementation of the finance/accounting policies and reporting structure of ACE Group.
• Implementation and follow up the local financial reporting to headquarters, including local statutory audit.
• Preparing/supervising of consolidated ACE Group financial reports including: profit and loss accounts, balance sheet, job costing, cash-flow forecasts following the standards and policies of ACE.
• Carrying out monthly and quarterly evaluation of financial performance, along with breakeven analysis - at disaggregated level, and consolidated, comparing the actual with the budget estimates and drawing out variances.
• Actively involved in selection of Group ERP accounting system, and start of implementation process.
• Team member in core developments of the company system.
• Carrying out externa Group Audit consolidation and process.
• Responsible on analysis, cost control and reporting for 43 business units.
• Monthly review, analysis on financial results P&L and BS on each brand and group consolidated results.
• Budgeting, forecasting and comparison reports.
• Analysis feasibilities/business plans reports for existing and new projects.
• Controlling costing process in the Outlets.
• Audit on transactions through POS (Micros)
• Instrumental in preparation of the Financial Budgets for the division.
• Successfully implemented procurement system (Marketboomer) at the production facility.
Key Profile: Leading a team of 5 personnel, reporting to the CFO and handling the audit team in 5 countries.
Identifying high risk areas and performing risk assessment activities for auditing
Reviewing & assessing the internal audit reports, ensuring compliance with the assigned Internal Audit policies & procedures.
Developing plans to audit each target area and ensuring compliance with established standards & controls and specified deadlines.
Monthly review on financial results P&L and BS, consolidated results.
Achievements:
Successfully rolled out ERP financial reporting packs for greater value addition in reporting.
Involved in successful ERP implementation of internal control rules.
Instrumental in COA (chart of accounts) reimplementation.
Key Profile: Reported to the Senior Internal Auditor & Finance Director and evaluated the financial & operational procedures for adequacy and effectiveness of internal controls.
Implemented Standard Operation Procedures (SOP) in the finance dept., verified company assets and ensured adequate safety.
Assessed the level of compliance with the company policies & procedures.
Evaluated the company’s electronic information & processing systems, reviewed major modifications to ensure the inclusion of necessary controls.
Coordinated with the External Auditors in local companies to facilitate their tasks.
Achievements:
Successful Setup of finance department in Kuwait Operation year 2003, Afghanistan Operation 2003, Ivory Coast Operation year 2004, Nigeria Operation year 2004, Liberia Operation year 2006.
Team member, pivotal in the successful implementation of ERP.
Successfully conducted internal & external audits and involved in special audits.
Key Profile: Reported to the Financial Director, maintained General ledger transactions & monthly financial reporting, handled VAT system and controlled inter company loans.
Played a vital role in managing high cash volume transactions
Key Profile: Commenced career as Accountant, reported to the Financial Manager and responsible for financial reporting, general ledger transactions and payment reconciliation.
Bachelor of Science, Economics - Financial Bank and Tax Management