Finance Officer
United Nations International Children Fund - UNICEF
Total years of experience :19 years, 2 Months
•Facilitated timely and efficient implementation of UNICEF’s programs that support about 4 million children and mothers, through appropriate analysis for its partners’ Financial Statements and expenditures (of about $115 Million), ensuring reliability and compliance with all related agreements.
•Enabled UNICEF’s instant response, to the children’s urgent needs during crises, through timely professional review and treatment of its partners’ advance payments requests (of about $24 Million).
•Facilitated proper monitoring and timely replenishment of cash through preparing and issuing weekly up -to-date reports on the UNICEF’s cash position (for all banks and cash accounts).
•Controlled and posted Petty Cash fund account and related disbursements in SAP according to UNICEF financial rules and regulation.
•Posted payment transactions related to replenishment of UNICEF’s bank accounts in SAP in light of the approved ceilings and cash requirements.
•Enabled higher fund optimization, through preparing cash forecast Vs. actual payments excel reports.
•Overcame many cash flow obstacles through performing vital negotiations with UNICEF’s banks.
•Supported management’s financial control through preparing and compiling the Budgets (for a yearly average of $50 Million) including the financial and administrative analytical reports and spreadsheets.
•Participated in maximizing the efficient utilization of UN resources through ensuring proper preparation of justified Cost Estimates and through preparation of supporting analysis reports.
•Facilitated the procurement of goods and services through reviewing and proceeding requisitions of fund and other obligation documents, in light of the approved Budget and related financial regulations.
•Facilitated the evaluation of UNDOF’s sectional and overall performance through collecting and analyzing the required data and preparing the RBB (Result Based Budget) framework.
•Supported the senior managers in their decisions’ making through compiling, preparing, and issuance of financial and managerial performance reports and appropriate analyzing of the related variances.
•Facilitated timely approval of UNDOF’s budget and commitment to deadlines through preparing timely responses to UNHQ inquiries and comments on budget proposal and performance reports.
•Enabled UNDOF’s immediate response, to the urgent unforeseen operational and support requirements through timely preparing of revised projected expenditures reports and related redeployment of fund.
•Supported section’s managers in maintaining proper fund and procurement control through generating and issuance of status of allotment reports and other related Cognos (FMT) funds monitoring reports.
•Improved the budget awareness among different levels of staff through preparing and presenting training presentations on budget policies and procedures and the related workflow.
Provide consultancy service in the Accounting and Management areas.
•Ensured accurate and timely maintenance and preparation of GL entries, Budget Vs Actual financial reports, Bank reconciliations, Fixed Assets registry, Provisions, Accruals, and adjustments entries, through supervising 6 accountants and providing them with professional guidance and leadership.
•Examined and analyzed Trial Balance accounts using Oracle Financial ERP System, and advised AP and AR sections to perform proper adjustments and corrections accordingly.
•Posted other all batches of entries in GL module of Oracle Financial ERP System.
•Prepared quarterly and yearly Financial Statements (Balance Sheet, Income Statement, and Cash Flows) according to related International Accounting Standards.
•Supervised stock taking and provided the Accounting Manager with useful observation notes.
•Performed proper coordination, as an audit focal point, with the external auditors "Ernst & Young" and ensured timely submission of audit requirements.
•Met consistently the monthly accounts closure deadlines through organizing, prioritizing, follow-up, effective communication skills, and maintaining harmony among section’s team members.
-Lead 3 employees to carry out all required types of accounting transactions. -Develop accounting system and procedures.
-Monitor and control Accounts Receivables set and reevaluate credit limits. Monitor liabilities and approve payments.Prepare projected financial statements (BS, IS, and Cash Flows) based on the approved operational strategy.
-Supervise and lead the implementation of Costing System.
-Supervise stock taking.
-Coordinate with external auditors.
-Assist the General Manager in Administrative decision, Propose Administrative Policies and Procedures for HR and Logistics.
-Maintain Treasury entries like Cash and Gold Loans and other payments entries. Perform Wire transfers and Bank reconciliations.
-Perform Branch/Head Officer Reconciliation.
-Provide the external auditors with required inputs.
-Prepare financial statements and implement full Accounting and Costing control systems in newly constructed firm.
-Monitor and Control Accounts Receivables and Credit Limits, prepare Banks claim documents as per L/Cs.
-Perform Internal Audit for major accounts (Sales, AR, Cost, Inventory, etc.). -Develop and apply sales commission
-Policy to be linked to the Financial Projection of P&L. Maintain Assets registry. -Coordinate with external auditors.
-Support in Strategic Marketing, like analytical financial studies to open new showrooms.