Business Controller
Majid Al Futtaim
مجموع سنوات الخبرة :23 years, 8 أشهر
Managing 4 departments (Finance, Business Cycle, IT, Receiving) in two Carrefour Hypermarkets( Century mall, and Madina mall)
Financial controller at Majid al Futtaim hypermarkets
- Controlling and reporting the store’s turnover, margin, waste, stock, profitability, and investments.
- Analyzing the stores’s daily and monthly results including ( turnover, margin, waste, shrinkage, profitability, benchmarking, efficiency, stock monitoring, and BC indicators).
- Controlling the store’s OPEX, CAPEX, inventories, revenues, and staff cost.
- Preparing the periodic forecast and yearly budget.
- Managing and Reporting the store’s financial statements.
-Responsible for the treasury of all Carrefour Market stores(19 branches)
-Controlling the bank accounts of Carrefour market stores
-Controlling the bank reconciliation for all the bank accounts of Carrefour market stores
-Preparing the daily cash flow report.
-Controlling the sales accounts in Carrefour market (cash, credit card, vouchers ...etc)
• Chief accountant in charge for 6 Carrefour Market stores.
• Checking all the entries and posting them to the system
• Managing the store fees for 19 Carrefour Market stores
• Reporting all the monthly accounts statements to the finance manager
• Participating in the preparation of the yearly budget, forecast, and 5 years plan for all Carrefour Market stores and HO.
• Managing the payroll preparation process for all Carrefour Market stores and HO
• Controlling all the Inter company reconciliation with Ho, Carrefour Market Stores, Carrefour stores, and MAF group companies.
• Responsible of the expenses section, recording of all company transactions.
• Responsible of all transactions between the bank and three stores.(Cash & Credit card trans.)
• Reporting the daily turnover of 6 stores to the General Manager.
• Reporting the daily cash flow to the treasury dept.
• Responsible of monthly closing reports (trial balance &balance sheet).
• Preparation of monthly bank reconciliation, asset depreciation schedule, .
• Preparing the monthly payroll (the accounts related part).
• Participating in preparing the yearly budget.
• Preparation of payments related to expenses.
• Controlling monthly stock inventory for three stores.
• Using (Logali, Gima, and SNA) programs for accounting.
• Using CITRIX applications (JDEdwards & CARTESIS finance).
• Processing of payment to supplier, review of Purchase Orders and receiving reports support to payment.
• Preparation of monthly bank reconciliation, asset depreciation schedule, inventory reconciliation report.
• Preparation of daily cash flow and monthly bank reconciliation.
• Sharing the preparation of monthly payroll.
• Responsible of petty cash for the entire store.
• Responsible of store expenses entries.
• Making annually reports of fixed assets.
• Using (Logali, Gima, JDEdwards, and SNA) programs for accounting
• Communicates with the suppliers, problems or questions that arise in the course of daily transactions.
• Responsible of the suppliers daily invoices control
• Making data entries for suppliers` invoices
• Issuing the payable checks for suppliers
• Undertake the monthly inventory for the stock in warehouse and selling area
Cash department
• Teller.
• Savings and deposits section
• Current accounts section
Accounts department
• Checks and trading bills section
I.T department
• Responsible of computer applications in 9 branches
• Responsible for solving applications problems
• Auditing daily and monthly printouts
• Issuing daily and monthly balance sheet
• Using ARABANK program for banking operations
Loans department
• Making loans for clients and following up the payments
Cash department
• Teller.
Sundries department
• Receiving clients` trade bills.
• Making daily reconciliation for checks for all currencies.
Customer services department
• Opening deposits and current accounts for clients.
• Determining the suitable loans for clients with the suitable terms of payments.
Merit
Good