FINANCIAL MANAGER
AHK Group
Total years of experience :18 years, 8 Months
• GROUP FINANCIAL MANAGER
Handling The accounting Department, The procurement Department & the warehouses Department. (From 1 March 2012 till now)
o Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
o Oversee the accounting operations, especially their control systems, transaction-processing operations, and policies and procedures.
o Develop and maintain systems of internal controls to safeguard financial assets of the organization.
o Monitor and evaluate efficiency and effectiveness of department, identify opportunities for improvement, supervise implementation of changes.
o Ensures best practice efforts in all financial management and control related practices including directing and control of financial reporting and regulatory requirement.
o Reviewing checks and funds transfer and any cash payment
o Reviewing the new purchase order - Reviewing the credit limit of the suppliers
o (e.g. expenses coding, JV review etc.)
o Viewing the daily work with our team more 5 accountants, W.H Keepers and cashiers (e.g. Chart of accounts, expenses coding, JV, PO, Sales Invoices, Stock coding items etc.) to ensure accurate records of expenses that reflected in its correct cost center.
o Reviewing employee monthly payrolls, End of services and the other allowances
o Reviewing the Monthly reconciliation of Bank, Suppliers.
o Calculate the due commissions and follow collection with the Customers
o Preparing the financial monthly reports and monthly analyses
o Analyze revenue and expenditure trends along with its justifications.
o Assistance for the preparation of sales target for the other company sales departments
o Calculate the sales incentive for sales departments and administrators incentive
o Responsible for compiling the financial statements of the Group.
o Responsibility for the forecast of any new Project and any new Company in our group
o Responsibility for the provision of the necessary liquidity for new affiliated companies
o Coordination with internal and external auditors
o Attend the important meetings with the General Manager or represent them on it.
o Knowledge same information’s for GOSI and Human Resources Development Fund and other governments Relationships
o Follow-up of imported shipments from taking necessary governments approvals, shipping, customs documents and approval and clearance etc,
o Negotiate and obtain credit lines from banks and implement the optimum utilization of funds
o Monitor and track all covenants and agreements signed with Banks to ensure compliance with all covenants and conditions.
o Ensure timely renewal of all facilities with Banks to ensure continuity of the funded and non-funded facilities.
o Develop and propose hedging strategies to minimize currency interest rate when transferring outside the country.
o Obtain financial transaction estimates from all departments in order to estimate the extent of Cash surplus or shortages to can manage the funds
o Monitor the utilization of existing assets to ensure their effective utilization in line with plans.
o Monitor and control the contingent liabilities (. Letters of Credit and Letters of Guarantee etc.) in order to ensure that a proper record is maintained of all contingent liabilities with suppliers.
o Strategic support to the management
o Perform other duties as assigned
.
• Chief Accountant
o Collating, preparing and interpreting reports, budgets, accounts, commentaries and financial statements.
o Create a feasibility study and a financial plan/profit for it.
o Controlling income, cash flow and expenditure.
o Developing and managing financial systems/models
o Providing financial advice and support to the management and colleagues to enable them to make sound business decisions by, providing, interpreting & analyzing the financial information.
o Preparing the Monthly sales target according the production cycle
o Monitoring and interpreting cash flows and predicting future trends.
• ADMIN. & FINANCIAL OFFICER
o Audit Payment, Checks, bank transfers, memos, Claims, and fixed assets.
o Reviewing the daily work with our team more 17 accountants, W.H Keepers and cashiers (e.g. Chart of accounts, expenses coding, JV, PO, Sales Invoices, Stock coding items etc.) to ensure accurate records of expenses that reflected in its correct cost center.
o Assemble spreadsheets and draw charts and graphs used to illustrate technical reports, using computer.
o Preparing the daily, weekly and Monthly reconciliation of Bank, Treasury and the Monthly reconciliation of Suppliers, Big Customers
o Recording the Monthly Expenses and Prepaid, Due Expenses
o Recording the Due Commissions of Company and any due Incentives
o Liaise with external and internal auditors
o Evaluating and measuring Marketing performance to be applied by financial reporting teams
o Preparing the financial statements after preparation by the accounting staff.
o Analyze revenue and expenditure trends.
o Strategic support to my Manager
o Perform other duties as assigned
o Preparing and recording the daily Work J.V, Payable, Receivable, assets, petty cash, sales, etc.
o Preparing Payment, Checks, bank transfers, memos, Claims, and fixed assets.
o Reviewing the daily work of another accountants to ensure accurate records
o Preparing the daily, weekly and Monthly reconciliation of Bank, Treasury and the Monthly reconciliation of Suppliers, Big Customers
o Recording & analyzing the Monthly Expenses and Prepaid or Due Expenses
o Preparing the trial Balance in monthly basis
o Strategic support to my Manager
o Perform other duties as assigned