Group Accounting Manager
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مجموع سنوات الخبرة :24 years, 6 أشهر
ð Help the accounting team to enrich their knowledge of accounting standards.
ð Review the accuracy and completeness of the finance team transactions in all modules GL, Payroll, AP, Fixed Assets, Inventory and cash management
ð Prepare financial reports Yearly, Quarterly, Monthly and other reports based on the management requirements
ð Prepare the budget for next year and Long Range Planning for the next 5 years.
ð Study the feasibility of new investments and their effects on cash flows and loans settlements
Reporting to: CEO
Responsibilities:
• Provide strategic advice and financial guidance for business development and new venture initiatives.
• Ensure the preparation, maintenance and analysis of regular financial planning reports and monthly profit and loss
• Oversee the financial reporting and maintenance of all accounts book, policies and procedures
• Responsible for cash flow forecast, balance sheet management and cost control
• Communicate financial results to all stake holders, BODs, investors, auditors and government officials
Reporting to: CFO
It contains two parts I was doing in parallel:
First; The reporting tasks: Being the point of reporting, budgeting and for number of subsidiaries as follows:
o Prepared annual Budget for number of subsidiaries o Monitored business performance by budget vs actual monthly variance analysis o Prepared different types of reporting for senior executives o Consolidation within business group o Forecasting business model of investment targets and cash flow projection o Coordinated improvements in automated financial and management information systems o Participated in a Due diligence to acquire 24% of a telecom company in Iraq o Participated in a Due diligence to sell unprofitable businesses of the group.
I was doing the reporting tasks from Mar 2008 to Apr 2014
Second; The accounting tasks: Accounting in accordance to IFRS o Cost controls and cash management, approving journal entries, reviewing works of other accountants and other finance tasks.
I was acting finance manager for PWC Aviation (Agility's subsidiary) from Mar 2008 to Aug 2011
And I was acting finance manager for Agility real estate from Sep 2011 to Apr 2014
ERP: (Oracle and Hyperion)
Reporting to: Director/Senior Manager/Manager
(Both External Audit and Internal Audit department)
Responsibilities:
• Aided the audit director in planning the audit process by tailoring audit programs for specific areas of clients of different industries
• Managed team members, gave them training in the job, explained how to complete the job, reviewed their works, and rotate areas responsibilities, which led to broaden their knowledge
• Performed internal audit for 2 Kuwaiti companies; 90% of recommendations were implemented within 6 months
• Managed clients relationship and helped the new Kuwaiti partner of KPMG to acquire more business, through strong client service led to acquire 6 audit clients more in Kuwait office
Reporting to: Manager
(Both External Audit and FAS department)
Responsibilities:
• Prepared financial statements for clients, and helped them to comply with local regulatory and stock exchange requirements
• Produced consolidated financial statements for group clients in accordance to IAS and IFRS
• Prepared reports to clients management, that includes recommendations for improvements and explained financial effects of corrective adjusting entries required to prepare correct financial data
• Performed detailed audit programs procedures for each category/account of the financial statements
• Conducted special assignment for a client to review the quality of revenue, which led to acquisition of 50% stake of the targeted investment
Reporting to: Manager/Senior
(Both Audit and Accounting department)
Responsibilities:
• Identified weaknesses in the control systems, by conducting tests of financial controls and did walk-through of processes, such as revenue recognition, expenses recording, purchases cycle
• Executed detailed audit procedures, reviewed transactions and traced them to documents and records, reviewed management reports and compared them to policies and procedures for accuracy and completeness
• Documented audit procedures followed and prepared working papers that summarized professional assessment of clients accounting records
• Maintained accounting books, passed entries, prepared reconciliations (suppliers, receivables and banks) and prepared annual and quarterly reports for accounting clients
INSEAD got 1st MBA rank in FT ranking in 2016 and 2017