Head Of finance Department
Dr. Bakhsh Hospitals Group
Total des années d'expérience :26 years, 4 Mois
• Work closely with the CEO.
• Manage daily cash inflow and cash outflow.
• Member of the reconciliation committee with Medical insurance companies.
• Provide financial studies for new projects and investments.
• Deal with banks including the negotiation to obtain loans and facilities.
• Responsible for the whole periodical financial reporting and particularly the profitability of each medical department.
• Set up, review and manage the budgeting.
• Operate daily operating cycles and related approval needs to facilitate company's needs.
• Work with the other directors to grow the businesses formulating strategies and plans
• Overall cash management on an ongoing basis
• Formulation of annual budgets and targets
• Overall control of all financial transactions and accountancy matters.
• Review of accounts and investigation of variances then setting recovery plans
• Capital expenditure - evaluation and preparation of submissions .
• Provide financial studies for new projects and investments.
• Dealing with banks including the negotiation to obtain loans and facilities.
• Responsible for the whole periodical financial reporting.
• Set up, review and manage the budgeting.
• Operate daily operating cycles and related approval needs to facilitate company's needs.
• Work with the other directors to grow the businesses formulating strategies and plans
• Overall cash management on an ongoing basis
• Formulation of annual budgets and targets
• Overall control of all financial transactions and accountancy matters.
• Review of accounts and investigation of variances then setting recovery plans
• Capital expenditure - evaluation and preparation of submissions
• Identifying risk points and the action to mitigate it including setting policies and procedures..
• Ensuring that the regulatory requirements of all statutory bodies are met
• Provide training to the finance team.
• Working closely with the CEO.
• Responsible of the financial department of 6 companies and 12 restaurants and investments.
• Providing financial studies for new projects and investments.
• Providing training to financial team in addition to the executives in specific cases.
• Dealing with banks including the negotiation to obtain loans and facilities.
• Responsible for the whole periodical financial reporting including the financial statements and Zakat.
• Set up, review and manage the budgeting.
• Work with the other directors to grow the businesses formulating strategies and plans
• Lead and develop finance team.
• Lead and manage the budgeting process
• Overall cash management on an ongoing basis
• Formulation of annual budgets and targets
• Overall control of all financial transactions and accountancy matters.
• Review of accounts and investigation of variances then setting recovery plans
• Capital expenditure - evaluation and preparation of submissions
• Identifying risk points and the action to mitigate it including setting policies and procedures..
• Approve the discounts according to break even analysis.
• Responsible for the commercial support to the General Manager
• Working closely with the GM,
• Prepare credible financial forecasts, budgets, full-fill statutory accounting obligations,
• Applying controls in the management of the business.
• Improve internal control around revenue.
• Review aging of accounts receivable,
• Ensuring that the regulatory requirements of all statutory bodies are met
• Provide training to the finance team.
• Established Employees' benefits system.
• Manage & carry out internal audit assignments, Internal Control & Business Process reviews, Risk assessment projects & Special reviews in accordance with IIA standards.
• Demonstrating through knowledge of IA services, business processes and the client industry
• Apply internal control concepts across industry and appropriately assess the exposures resulting from ineffective or missing controls.
• Execute a wide variety of audit tests / procedures and accurately interpret results
• Understand the financial, operational & compliance risks which affect the business activities, demonstrate the ability to appropriately dimension those risks and formulate recommendations which are appropriate, practical and cost-effective
• Prioritize work so that resources are devoted to areas of highest risks
• Demonstrate effective time management skills by completing assignments within time budgets and calendar schedules while handling multiple tasks.
• Exhibit creativity and innovation in recommending improvements to audit practices and processes.
• Supervising performance of assignment in accordance with accepted policies and procedures
• Provide training to the project team members on the areas like risk and controls, Internal Audit methodology, Risk Assessment and strategic performance review.
• Executing audit plan and performing audit procedures.
• Manage job economics and ensure timely close.
Responsible of preparing the audit plan and strategy, supervising audit team, solving any problem particularly the technical interpretation in audit and accounting standards, and insure that the audit opinion will be in conformity with the audit results.
Head Of Accounting Department, Supervising and approving day to day the accounting operation, approving the the monthly Balance Sheet, Income Statement, and Cash Flow, Preparing the Budget, and financial analysis, providing tha all data the high management needs in the decision making.
Reporting to the C.E.O. about the compliance with the company's plan, budgets and forecasts, analysis of results of operations and its cash flow.
Senior in charge of the auditing of major banks, mutual funds, hotels, petroleum services activities, trading, and industrial companies.