Construction Division Financial Controller, Group Projects Finance Control Manager, COO & EC FBP
BTG Group - BT Applied Technology Co. - Saudi Bin Laden Group
Total years of experience :16 years, 2 Months
* Maintaining Financials, Monitoring and Controlling for Constructions
Division Group of Companies Activities, while analyzing the company's
actual results, approached from different perspectives at different times,
compared to the short, medium, and long-term objectives, strategies and
business plans. Controls via the procedures, policies, and means by which
the organization monitors and controls the direction, allocation, and usage
of its financial resources, which is very core of resources management
and operational efficiency in the organization.
* Maintaining Financial Monitoring and Controlling for all projects among
the group of companies from bidding to billing and assure a safe
landing for the projects with proper operational and financial closure.
* Review and validate project budget expenditures in compliance with
contract scope of works, management of risks and contingencies might occur
during project lifecycle.
* Review project master execution plan, in compliance with contractual
schedule and billing milestones.
* Formulate project cash-flow plan illustrating the financial status of the
contract, monitoring the inflow and outflow funds movements among
project lifecycle.
* Formulate and implement a project monitoring plan in collaboration with
the program unit and all technical/expert concerned team.
* Review, analyze and verify Project Financials and Operational
Performance progressively, and check accuracy and consistency between
financial and actual performance reports, in accordance with projects
plan.
* Monitor, track and verify that all expenditures are in line with the
approved budget, highlighting and investigating the deviations and root
causes behind, maintaining the corrective and preventive actions required.
* Conduct reviews of the internal control systems of implementing partners
and provide advice as required.
* Review projects control reports with the current status of
program implementation and financial status.
* Assurance of timely projects closure in coordination with the concerned
program holder.
* FBP of COO and Execution Center Team among BT-Group - providing
whole financial support/advisory while managing the Execution processes
and procedures.
* FBP of COO and Execution Center Team among BT-Group - Preparing
Group Operating Results Budget and Forecast via the on hand Projects
Backlog & Burning Plan.
* Ensure an accurate and timely monthly, quarterly and year end close.
* Ensure the timely reporting of all periodical financial reports.
* Apply a thorough understanding of the financial reporting and general ledger
structure.
* Monitor and analyze department performance to develop more efficient
procedures and use of resources.
* Maintaining a high level of accuracy.
* Interface with other departments to verify transactions report data and issues.
* Work with the retained CPA firm to ensure a clean and timely year-end audit.
* Ensure all financial reporting deadlines are met.
* Assist in development and implementation of new procedures and features to
enhance the workflow of the department.
* Provide training to new and existing staff as needed.
* Work with whole team to establish performance goals and objectives for each
year and monitor and advice on the progress to enhance the professional
development of staff.
• Controlling and handling all accounts procedures and processes, with Cost Centers
monitoring.
• Prepared and analyzed financial statements.
• Projects Job Costing, Budget Planning, GAP analysis comparing the actual to
planned and analyze variances.
• Inventory Controlling, with full processes and procedures.
• Controlling and handling all Clients Receivables.
• LCs Payable & Receivable and Banks Related Issues.
• Controlling and handling Suppliers & Employees Payables.
• Reviewed and corrected accounting entries.
• Reconciled discrepancies in all sub-ledgers.
• Proposed & Implemented new accounting procedures and processes.
• Ledger entries, journal entries.
• Maintaining basic accounts, book keeping.
• Monitoring Petty cash.
• Reconciliation of Bank statements.
• Made entries of invoices (Debtors & Creditors).
• Implemented new accounting procedures and processes.