Financial Controller
ELECTROLUX GROUP
مجموع سنوات الخبرة :21 years, 10 أشهر
• Responsible for all aspects of accounting, taxation & statutory reporting, accounting processes, and controls.
• Responsible for forecasting, budgeting, analysis, and management reporting in coordination with the Middle East regional FP&A team
• Ensure quality accounting information throughout the accounting process is consistent, complete accurate, and timely to meet the statutory and IFRS reporting requirement at local and group level.
• Responsible for local treasury, tax, and capital structures matters,
• Continuous improvement - constantly look for ways to improve process, procedure, and team performance.
• Work proactively in cross-functional organization towards company strategic goals
• Handling VAT filing and corporate income Tax-
• Responsible for zone and country financial reporting (e.g., Sales, flash, and headcount reporting).
• Manage the trade finance operations.
• Implement objectives, policies, and procedures for trade finance/credit controlling function.
• Execute transactions within pre-set standardized turnaround times for all trade finance activities and service level agreements with business units
• Ensure that all transaction processing complies with regulations and the Banks policies, procedures, and standards with prompt intervention to resolve problems/ concern areas
• Monitor customer trade transactions, and settlements and report any exceptions to the business.
• Ensure timely collection of open credit accounts
• Develop and maintain relations with partner banks and Group Treasury to facilitate and ensure smooth working support and quick resolution of issues/ concern areas
• Prepare regular reports and analyses for senior management and Sector / Group for effective monitoring and control
• Ensure that there is adequate internal control
• Ensure to negotiate the LC/SBLC/BGs and Documentary Collections Docs.
• Coordination with Banks and Insurance providers.
• Ensure compliance with group accounting and internal control policies
• Direct coordination with regulators like SASO, ESMA, JISMO, GSO, etc.
• Working with HR on the execution of WPS payroll.
Part of the Global Finance team to support and complete the global accounting policies.
• To monitor Credit Control and A/R teams to ensure compliance of the Companys credit policies.
• To handle settlement problems through communication with overseas agents, inter-companies, and local receivables.
• To arrange weekly AR meetings to update the local AR outstanding and over the credit limits.
• To check daily vouchers prepared by subordinates, and review sales commission monthly.
• Review all credit of receivables yearly and work with the concerned sales manager if the credit terms need to be extended, decreased, or revoked.
• To review and analyze financial statements of receivables from customers asking for credit.
• To advise the Sales and Operations Divisions on billing and credit problems.
• To ensure no bad debts in the Company.
• To handle reconciliation of AR Collection with AR report in monthly
• Responsible for ensuring that AR records are kept updated perpetually Reconciles Accounts Receivable balances with customer statements.
• Maintain petty cash register.
• Open a letter of credit and communicate with the shipping dept regarding the export order.
• Work was involved to monitor & reconcile the Corporate Accounts and the other brands of Pepsi Cola including, KFC, CARREFOUR, UNION COOP, SPINNEY, and EPPCO & EMART.
• Reconciliation of assigned Debtors Accounts
• Daily Follow-up with Customer for collection of the due amount
• Daily Follow-up with Debt Collector for better and on-time collection.
• Study of Aging Report with the Credit Manager
• Daily Collection Report to Credit Manager
• Data of Critical debtors forwarded to the legal department for legal proceedings.
• Preparing payment after checking all GRN.
• Reconciliation of local and export vendors.
• Verifying all the petty cash daily
• Checking LPO, CDA, and Invoices.
• Checking prepayment account.
• The month of end closing.
• Weekly team meeting.
• Provided training to junior staff.
• Planned, tested, and proposed schedules onsite corporate accounts.
• Monitoring & Reconciliation of Debtors Accounts
• Review of the Aging Report of All Debtors
• Follow Up For Recovery From Debtors And Insist They Clear The Dues On the Due Date.
• Follow up with debt collector for better and on-time collection.
• Preparing Daily Cash Flow Statement
• Verification of Cash & Bank Reconciliation
• Preparation of Accounts Reconciliation of Showrooms / Contract Parties
• Preparation of Payroll More Than 400 Staff after Due Verification.
• Budget Verification and Analysis
• Cost of All Imports Goods.
• Management, Administration, installation, and Configuration of Windows Server 2003 and MS Windows XP Clients.
• Reconciliation of cash and bank every month.
• Purchases of film and chemicals from the market.
• Documentation Of Loan
• Verification Of Pledge Stock
• Verification Of Mortgage Property
• Follow Up for Repayment
MBA in Finance
MBA finance
B COM