Group Financial Controller
Faham Doors
مجموع سنوات الخبرة :16 years, 2 أشهر
Perform monthly financial closing related to P&L and Balance Sheet. Monitor and support for all main expenses type from company. Participate to the budget process and business plans. Managing month closing. Calculate accruals compliant according to standard accounting rules and liaise with accounting to make sure all required entries are booked in a timely manner. Perform reconciliations between Oracle and BI. Conduct analysis on COGS by Customer/Retailers on monthly basis, POSM, internal requisitions, sales, investigate discrepancies and inconsistencies. Calculate margin retrocession/collection by distribution channel. Analyze gross margin and report any deviation with annual and monthly targets. Prepare P&L and balance sheet. Accountable for all P&L entries and source of change elements against comparable periods. Monitor evolution of Balance Sheet accounts. Secure monthly financial reporting related to the business. Collect Account Payables Regional Claims on monthly basis from the distributors and control the invoices provided in coordination with Commercial, Merchandising, Marketing and HR teams who gave prior approval on the expenses. Collect each month the Basic Calculation of salaries claims from the distributor, verify them and approve the amount to be paid by the Regional Office. Conduct analysis on profitability by country and alert Commercial department in case of drift. Perform monthly consolidation, analysis of Account Payables expenses to compare vs Budget, Prepare, analyze and launch animation return on investment. Gather monthly travel expenses from employees and control T&E claims form, ensure proper coding of claims for accurate repartition in the P&L. Provides financial advice to the commercial team on ad-hoc and business case analysis as necessary. Participate to the Budget & Budget Revision. Leading the data collection of all required inputs to build the P&L. Validate scenario with department managers & support to evaluate the proposed equation.
Support and control the reporting, budgeting and forecasting activities of all business units within the region, ensuring the production of complete, accurate and timely information.
Assists and supports the review of monthly operating unit results, assisting in their interpretation and in developing appropriate on-going actions and business responses.
Performs monthly review and follow up of operating units within the Region on Capex spending and reporting company’s Accounts Receivable.
Ensure the integrity of the local financial information and it is aligned with local legislation and company’s reporting standards.
Communicate, implement and maintain Group policies & procedures and Group reporting and Group endorsed systems which will guarantees the integrity and accurate presentation of financial results and operational KPI’s.
Ensuring that finance related processes are appropriately documented and aligned in all the business units in the region.
Ensuring all company contractual obligations are being adhered to in all properties within the region. Coordinate and Support the Activities of Finance department through effective regular communication. Preparation & coordination of all required audits (internal & external)
Ensuring financial systems are set up and maintained to provide proper degree of security and control over the group resources and tasks.
Preparing the group financial plans (budgets and forecasts) while business partnering with other departments.
Leading standard monthly reconciliations against budgets and forecasts.
Conducting reconciliations of the group in terms of balance sheet, P&L, costs, income and accounts.
Screening and reviewing the expenditure process regularly.
Reviewing the audits being sent to relevant authorities.
Providing financial data to external/internal auditors.
Managing tax filing and bank-related activities.
Offering strategic recommendations to the members of the executive management team.
Maintaining and controlling accounting records.
Reviewing and preparing monthly MIS reports.
Liaising with other departments to bring in efficiency.
Managing maintaining books of accounts for the group and its subsidiary in ERP system.
Ensure business transactions are reported in accordance with generally accepted accounting principles,
Monthly reconciliation of GL balances including receivables and payables, income and expenses GLs.
Preparing annual budget for the Company & its subsidiaries.
Perform analysis on financial performance and monitoring forecasts.
Preparation of monthly financial statements and other management reports.
Expense management, control and maintaining proper records for audit,
Coordinating with Internal and External auditors including drafting the financial statements and related notes.
Prepares and tracks open PO. Post all company financial transactions. prepare Fixed Asset schedule and reconcile it with GL. Track and facilitate capitalization and asset movements. Prepares and tracks Prepayment schedules. Reconciles Inter Company transactions. prepare Company financial statements.
Analyses and control the manufacturing cost. Credit controller. Coordinate with the external auditor and providing them with all required date.
Prepare the planning for the audit. Complete fieldwork and allocate work as appropriate to audit assistants. Coaching of audit assistants. Preparation of financial statements, transmittal letter and any other deliverable. Keeping manager / Partner informed of progress/issues on a job throughout the audit process. Responsible for getting Partner and manager reviews done. Completion documentation and follow up of outstanding information. Prepare and analyze costs on the WIP for their audits. Prepare fee note requisition on a timely basis and follow up collection of debtors. Maintaining good relationship with the client's financial management. Overall in charge for medium and large sized clients. Attending stock counts and the follow up of the counts.
Certified Public Accountants CPA
Bachelor in Commerce – Major Accounting - Cairo University - Year of 2005