Finance Manger
Juhayna Food Industries
Total years of experience :14 years, 9 Months
supply chain ( Accounting & budget )
* Support the annual budgeting and quarterly forecast process for Supply Chain
organization. Own the monthly analysis and insight on Supply Chain
performance to plan and forecast, and the monthly rolling forecast process by
leveraging internal relationships and analytic tools
* Effectively communicate monthly Supply Chain performance and key business
drivers to brand teams
* Support and provide Supply Chain Leadership with all financial information
including communication of budget, forecast, month and quarter-end
performance analysis etc.
* Support all Supply Chain functions in their management of SG&A
* Own coordination of the annual budgeting process and quarterly forecasts
* Assist in preparing materials for Supply Chain management; on monthly,
quarterly and annual bases
* Provide analysis on an ad hoc basis
* Capital Process: Leading the monthly Capital Committee meeting, and Managing
our Capital budget
* Cost savings: Tracking operations-related cost savings/ACE initiatives on a
monthly basis
* Central A/R accountant, Assist the credit Controller for (G.Cairo, Delta & Canal
Regions).
* Maintain an up-to-date the customers balances on a daily bases including the
collected checks.
* Follow up the customers over due balances and the collection plan for it.
* Participate in preparing the customers rating in order to determine and
categorizing the customers in to customers with high risk, customers with low
risk and so on.
* Follow up the Bounced checks and the collection for these checks.
* Implement & maintain effective internal control on the daily operation
transactions.
* Preparing different financial reports for various departments to satisfy different
managerial purposes.
* credit assessment and evaluate the customers credit history
* Sharing in implementing the oracle AR Module.
* Verify and post accounts receivable transactions to journals, ledgers, and other
records.
* Reviewing the financial Reports (BS - P&L) on a monthly basis and preparing
the needed analysis on it.
* Prepare the customer credit approvals and update the customer history
(Customers database) to secure the company Credit decisions.\
* Arranging a monthly credit meeting with the regional sales manager in order to
review all over due amounts and put the needed action plan to kill it.
* Reconcile on customer balances according to the limits determined on the sales
policy.
.
* Reservation & Ticketing.
* Maintain the corporate credit policy
* Recommend changes in the credit policy to senior management
* Create a credit scoring model
* Manage customer credit files
* Monitor the credit granting and updating process
* Accept or reject the staff's credit recommendations
* Personally investigate the largest customer credit applications
* Personally visit the largest customers to establish relations
* Monitor periodic credit reviews
* Monitor deductions being taken by customers
* Manage the application of late fees
* Manage relations with the sales department
* Manage the corporate financing program
* Manage relations with credit insurance providers
* Manage relations with credit reporting agencies
* Manage relations with collection agencies
* Maintain a department organizational structure sufficient to meet its goals and
objectives
* Measure department performance with appropriate metrics
* Provide for ongoing training of credit staff
* Coordinate AR month-end closing activities, and ensure that accounts are closed
on time and in accordance with Egyptian GAAP.
* Preparing different financial reports for various departments to satisfy different
managerial purposes.
* Follow up the overdue amount collection as per customers credit term
* Reconcile on customer balances
* Supervising the customer's credit and preparing aging reports
* Propose the type of credit facilities needed by each client due to his needs and
type of transactions.
* Monitor company’s receivables position to avoid delays in collection.
* Revaluate the customer credit limit
* Following up & updating the data of sales structure on monthly basis including
the following:
a) Sales prices
b) Sales targets
c) Monthly promotion for customers (per brand).
d) Rates of discounts, rebates & trade promotion.
e) Credit limits & related payment conditions for the customers.
f) Sales commissions & incentives for the sales team.
g) Compensations programs, incentives & other Claims for the customers.
* Reviewing the customer credit approvals and update the customer history
* Arranging a monthly credit meeting with the sales managers in order to review
all over due amounts and put the needed action plan to kill it.
* Review the discount for customers as per contract and offers
* Making daily & monthly sales report for the company
* Review and post accounts receivable transactions to journals general ledgers, and
other records
* Follow up the collection for bounced checks.
* Preparing the accrual entry and record it on system.