Country Finance Manager
Fawaz Abdullaziz Al Hokair & Co.
Total years of experience :17 years, 10 Months
Managing accounting, stock control, procurement and loss prevention teams. Main responsibilities are:
1. financial reporting,
2. budgeting,
3. controlling/monitoring expenses,
4. presenting company in all government instances,
5. liaison with suppliers, bank and audit.,
6. compliance.
I managed a team of 9 members.
Main responsibilities:
1. Controlling whole accounting process.
2. Preparing financial statements (IS and BS) and reports (IS actual vs budget, BS schedule, accruals and provisions details) on a monthly basis for month-end closing.
3. Internal controls.
4. Managing payroll for the company's 370 employees.
6. Liaise with banks and tax authorities as well as internal and external auditors.
My main achievements:
1. Successfully passed tax inspection with ZERO penalty, which is the first case during 22 years of company history in Armenia.
2. Implement new principles of tax stamp counting and reporting, which increase effectiveness of reporting and reduce work time for 75%.
As a Financial Analyst I serve as a liaison between accounting, budget planning and software development teams. Assists with the business case by defining business problems and primary objectives of new projects. Analyzes the business domain to create a complete picture of work-flows and technical requirements fulfilled by existing and proposed software.
Conducts preliminary investigations for project requests by analyzing requirements, specifications, tests, and support and training plans. Ensures all are in line with business objectives.
Daily planning, monitoring and organizing of requirements.
Elicits, translates, simplifies and communicates business requirements.
Reviews test cases based on business requirements and functional requirements.
Validates input data and results of simulations or optimization modules.
“Digital Solutions Gate” is one of the leading IT companies specialized in the application development, integration and support in banking, insurance companies and financial industry.
I managed a team of Chief Accountant, 2 accountants, 2 Financial Analysts and a cashier.
My main responsibilities are:
1. Managing the finance team,
2. Preparing financial reporting,
3. Preparing annual budget,
4. Controlling expenses based on budget,
5. Presenting company in all government instances,
6. Liaison with clients, bank and audit.
My main achievements:
1. Implementing internal control system
2. Implementing KPI and employee appraisal systems
Reporting to Finance manager, I managed accounting, inventory control and cash manager teams.
Main responsibilities:
1. Manage accounting team.
2. Preparing FS related reports on a monthly basis.
3. Internal controls.
4. Preparing annual budget and forecasts.
Dufry is a global travel retailer with operations in 63 countries. Dufry operates around 2200 shops located at airports, cruise liners, seaports, and other touristic locations. ADF Shops is one of them, located in Zvartnots International Airport, Yerevan, Armenia. Reporting to Finance manager, I managed a team of 2 accountants, 2 inventory controllers and 5 cash managers.
Main responsibilities:
1. Controlling whole accounting process (by entry level)
2. Preparing financial statements (IS and BS) and reports (IS actual vs budget, BS schedule, accruals and provisions details) on a monthly basis.
3. Preparing all kind of tax reports.
4. Internal controls.
5. Managing payroll for the company's 170 employees.
6. Liaise with banks and tax authorities as well as internal and external auditors.
My main achievements:
1. Passing all general tax audits without any significant penalty.
2. Passing all VAT claim audits without any deductions with result of AMD 1.5 billion (aprx. USD 3 million) claimed VAT.
3. Implementing IFRS accounting in Armenian operation.
4. Implementing Dufry standard reporting system and internal control mechanism in Armenian operation.
5. Training two accountants to join the team, one of which promoted to a Chief Accountant later on when I left ADF Shops.
Reporting to Director, I managed a team of 5 qualified accounting and tax specialists.
Main responsibilities:
1. Controlling whole accounting process of Tower.
2. Preparing financial statements and reports for Tower and its' clients.
3. Preparing all kind of tax reports for Tower and its' clients.
4. Providing ad hoc services to clients upon request
5. Managing company team during due diligence, internal control review, tax review or other one time services.
6. Presenting clients during negotiation with tax authorities or other state bodies.
Reporting to Director, I managed a team of 2 accountants and a cashier .
Main responsibilities:
1. Controlling whole accounting process (by entry level)
2. Preparing financial statements and reports on a monthly basis.
3. Preparing all kind of tax reports.
4. Internal controls.
5. Managing payroll for the company's 40 employees.
6. Liaise with banks and tax authorities as well as internal and external auditors.
Responsible for all cash and bank transactions, fixed assets and inventory. Preparation of draft tax calculations for chief accountant. Preparing of draft calculation for product self cost.
Preparation of daily reports for used diesel in mine.
Calculation of different productional indexes for mine.
