Finance Manager / Controller
enpi
مجموع سنوات الخبرة :24 years, 2 أشهر
ENPI well know Leading company in Plastic industry with diversifies product, its turnover around 1 billion distributed on UAE, GCC, Africa & others.
Designation : Senior Finance Manager/ Controller .
Conduct the Finance and credit Department teams to provide highly effective, analytical & accurate financial standards& procedures
Provide complex financial reports & analysis to the senior management and the board, consolidated & Non-consolidated on monthly basis according to the financial standard IFRS & IASs.
Supervise the team to buildup will design strategic & Operational Budget for the 3 coming years with different seniors.
Sensitivities analysis for different investment scenarios with Feasibility Study to evaluate the future return and constrains
Work with senior management on the future trend of the business and how to apply it under the current market.
Manage the working capital of the entities; negotiate the bank facilities, setup strong policies for Finance & Credit Department .
Liaising & communicating with External Auditor for the quarter Audit review and year end closing
Reviewing CAPEX request / Monitoring Budgetary expenditure progress with conducting business forecast/ budget reviews.
Reviewing& investigating Monthly Cost Center report, Cost behavior Analysis, Product Fluctuation Analysis etc.
Selected Accomplishment & Achievements :
Enhance the cash flow $15M by credit Procedure & policies, reducing overdue, minimizing risk from marginal customers, Get Better bank Facility and reducing Finance Cost, enhance the utilization of the working Capital .
Develop new cost model help the managements to have better view on key cost indicator of items & brands, helps to have more control on the Margin and wastage.
Organizing The Finance & Credit Dep setup procedures financial & account procedure for accurate, reliable & timely information.
Implement New ERP system successfully & buildup new reports that help the top management have full financial and operational summary and detailed report which help to be on the top of the thing on time
Designation : Corporate Finance Manager
Conduct Account’s Managers to lead a team responsible for monthly & Quarterly financial reports, Asset Management & Development Cash flow, revenue & cost analysis. Setting Policies, procedure & work mechanism.
Playing a major role in analyzing, verifying financial data& consolidation reports, assisting to identify business plan with creating new overlay for existing one -and - five year business place for new project
Team with business Unit Manager and senior management to create metrics that drove major portion of the business, analysis of different product bundle, price points, business deals and the effect on the customer behavior .
Leading a team to build up flexible budge in accordance to group vision, discussing it with every business head along the Capital investment required before submitting the consolidated budget to higher management for final review and inputs
Monitoring and analyzing variance between Budget, Cap-Ex, Op-Ex cash flow and actual figures BU’s wise
Driving banks relationship to seek new facilities to meet the fast track of group expansion for short & long investment as (LME, TR, Loans, Murabah, L/C’s Etc.
Selected Accomplishment & Achievements :
Creating allocation model of capital investment to enable senior management to see how the allocation decisions affect the financial reporting, the model was adopted for new Cap-Ex ( machines & building ).
Plays a key rule for setting up new chart of account & internal Policies for Brokerage Company along building up model to trace and control commission distribution for agents, staff & managements.
Financial Planning, Budget & Analysis Deliverable :
Managing the account department with a big qualifies team accordance with IFRS & IAS standards, maintain chart of account and stock costing records after updating the discount that received from vendor (MDF, PP, DIS).
Providing the Board with the consolidated monthly financial result & analysis along with Subsidiary report of stock aging, AR aging Cash flow, revenues Analysis brand and region wise, salesmen performance and achievement.
Conducting the team to build the budget for BU’s, verify & review along with Capex requirement before submitting to GFD for further discussion with the Board, provide the analysis and variance between budget and actual along with the commentary reports
Handling the relationship with the bank Local & abroad, Update lease Contracts, marketing & insurance, Credit insurance.
Selected Accomplishment & Achievements :
Providing well Control : on Finance Department with a way enhance the work efficiency, quality and cost effective .Collaborate with IT Dep to buildup new financial module for consignment trading company
Management of cash flow : by enhancing the cash collection and get better facilities from the bank which result in reducing the interest cost and generate more cash inflow by updating Credit Policies and terms along with insurance coverage.
A well-known construction Company with several Project around 2 Billion.
Designation: Project Account’s Manager
Finance head in charge for 2 projects Delma Island Airport with value 250M, Elyasat Island Airport with Value 320 M
Financial Planning, Budget & Analysis Deliverable :
Development & implementation of Project’s Budget as per the agreed Tender, cost control programs & report. Budget cash flow report. Recording of proposed variation order, claim status for all consultant, service Provider & sub-contractor.
Liaise with team member in relation to produce monthly progress update reports. Maintain financial procedure for the project including revenue recognition, expense, accrual, payments, collection etc.
Safe guard of the asset, Martials, vehicle. Collaborate with QC to evaluate the work completion phase and cost affect along with the order vibration in comparison to budget, quantity & amount wise.
Ensuring that the system is accurately reporting revenue, costs, profitability, percentage complete and work in progress. Prioritize on a risk basis ensuring that corrective measures are undertaken on a timely basis
Set up and review financial systems, procedures & controls, reporting and analysis requirements, including the forecasting of billings and revenue and take an active role in any tasks groups
Complete various ad hoc and ongoing financial analysis activities to facilitate the decision making process
Supervising an accountant and an accounts assistant and expanding the finance function as appropriate
General Accountant ( Mar- 2000 to Oct 2001 )
Account Receivable ( Dec 2001 to Apr 2002 )
Senior Accountant & Assistant of Finance Manager ( Jan 2003 to Dec 2003 )