Finance manager
National lighting co.ltd
Total des années d'expérience :19 years, 11 Mois
Maintains accounting records and prepares accounts to management report's
Restructuring for accounts department and distribute job title and Job duties for the staff
prepares and reports client company management accounts
Prepares financial statements, including monthly and annual accounts
Offer expert advice in relation to zakat or tax issues
Assist in the preparation of statutory accounts
Prepares profit and loss statements and monthly closing and cost accounting reports
Records assets and deprecation.
Prepares cost of materials to add additional cost for raw material
Credit Control: Reconciles large accounts and reinstate the account receivables
Prepares a suitable collection policy
Establish, maintain, and coordinate the implementation of accounting and control procedure
Liaison with auditors
Prepares budgets and forecasts and check the performance Quarterly.
Dealing with the treasury department in the bank
Restructuring and controlling bank facility total of 120 million SAR
Verify revenue account for the company total revenue between 150 - 200 million
Analysis on variances
Arrange and apply VAT report monthly basis.
Prepares plans for Cost reduction and verify that it is applied
Controlling aging reports for the customers and supplier’s monthly
Drafting reports to company management, identifying weaknesses in the company’s systems and controls and makes recommendations for their improvement.
Achieving targets and developing new and repeat business
Arrange all data and participate on the study for due diligence
Arrange all information and participate for company evaluation and discussion about method of evaluation.
Knowledge in GAAP/ IFRS & Vat (taxation)
analyzing a company's financial statements to make better economic decisions to earn income in future, Financial statement analysis using method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization
❑ Prepares financial statements, including monthly and annual accounts
❑ Assist in the preparation of statutory account
❑ Drafting reports to company management, identifying weaknesses in the company’s systems and controls and makes recommendations for their improvement.
Preparing financial statements, including monthly and annual accounts
Assisting in the preparation of statutory accounts
Preparing profit and loss statements and monthly closing and cost accounting reports
Record assets and deprecation.
Liaising with auditors
Establishing, maintaining, and coordinating the implementation of accounting and accounting control procedure
Preparing of cash flow
Drafting reports to company management identifying weaknesses in the company’s systems and controls and making recommendations for their improvement.
Bank reconciliation monthly basis.
Customer & Suppliers reconciliation and aging.
Inventory monthly basis.
Preparing end of service and accrual vacation ticket.
Discussion with bank for credit facility and letter of credit and letter of guarantee.
Monthly preparation of payroll.
Selection of forwarder for air & sea fright for import cargo
followup with clearance office for remaining cargo under clearance
Selection of forwarder for local delivery
account's receivable , invoicing, bank and customer reconciliation, credit statement, follow up Collections, balance sheet, account's payable
All Accountant issue
High education scientific section