Senior Manager Finance
Savola Foods
Total des années d'expérience :15 years, 7 Mois
Reporting, advising and recommending to the CFO, Audit Committee and the ultimate parent company (listed company Savola Group Company) on accounting and finance matters.
Review of the monthly results and understand the variations against plan/budgets
Leading the Consolidation process at head office level and providing practical solution relating to complex demand of 21 manufacturing companies spread across 7 geographical locations, general accounts maintenance and legal compliance
Centrally managing the Zakat and Taxation functions for the group companies including managing the filing of periodic Zakat, VAT and WHT returns. Active involvement in responding to the queries raised by ZATCA from time to time and in closing the open assessment years.
A comprehensive Treasury management role with the responsibility for centrally managing the financing needs of the business Units. Preparing consolidated group wide cash flow reports, forecasting and managing the cash flow requirements. Active involvement in establishing a Financing structures such as Supplier financing with various banks, resulting the enhancement in the Working capital.
Active involvement in the centrally management of the Insurance function from developing the comprehensive insurance guidelines to managing the settlement of claims,
Engaging with external consultants involved in valuation of business, financial instruments, budgeting and forecasting including but not limited to legal, Insurance consultant, IT solutions developers, internal and external auditors
Preparing comprehensive monthly financial reports, including Profit and Loss Statement, Balance Sheet and Statement of Cash Flows, as well as the year-end financial reports.
Dashboard reporting of entity and region wise performances using Key Performances Indicators to facilitate management decisions.
Working with internal and external auditors during the group audits and reviews to ensure full cooperation from accounting staff and compliance with all qualified requests.
Responding to inquiries from the CFO and other group wide management regarding financial results, special reporting requests and the like.
Analyzing sales by product, customer and channel against a variety of performance metrics.
Collaborating with business partners in building forecasts and annual budget for the company.
Providing timely explanations of variances between actual results and forecasts/budgets, providing corrective action recommendations to management, where necessary.
Responsible for the monthly closing as well as maintenance of all accounting ledgers including monthly review of all account reconciliations and journal entries.
Overseeing the General Accounting processes of Inter-company, Fixed assets and Accounting and financial reporting of all entities.
Advising staff regarding the handling of non-routine reporting transactions.
Supporting Finance team with special projects and workflow process improvements.
The experience at the ALJ Group has enabled me to develop an understanding of diversified business processes, the accounting and internal control systems.
Engagement planning and scoping based on understanding of the entity and assessment of business and related risks.
Managing multiple teams of three to ten team members through execution and completion stages of assurance and advisory
assignments.
Supervision, review and finalization of assurance and advisory engagements.
Liaison with client's management and communication of relevant matters to persons at appropriate level of responsibility.
Consultation on significant matters with various professionals such as lawyers, tax advisors, actuaries and IT experts.
Assisting clients in preparation of financial statements in accordance with the applicable financial reporting framework including
compliance with International Financial Reporting Standards (IFRS), local corporate laws and directives issued by regulatory
authorities.
Establishing positive working environment by building strong relationships with team members, clients and other stakeholders.
On-the-job training and professional development of subordinate staff.
The experience at the ABAS Group of the firm has enabled me to develop an understanding of diversified industries, key business
processes, the accounting and internal control systems of several organizations.
Following are the significant clients in various sectors and related engagements that have contributed to my professional growth:
Assurance Engagements
Oil Marketing Companies
Commercial Banks
Pharmaceutical Companies
Financial Services - Mutual Funds
Taxation and
Involved in the internal controls advisory engagements with different Banks. The projects scope included evaluation of
the banks’ internal controls (both operational controls and controls over financial reporting) considering the
requirements of COSO Framework and PCAOB