Finance Manager
Ooredoo - Kuwait
Total years of experience :22 years, 2 Months
Manage Finance Department for subsedry company
- Handling all Financial Accounting activities.
- Finalization of Month, quarter and year closing.
- Controlling in Month & Yearend closing. Also, providing clarifications for all queries raised by the internal & external auditors related to area of responsibility.
- Verifying, Validating & Posting accounting entries & transactions from all modules in GP Financials.
- Provides analysis and reports of the company’s financial position.
- Develops and implements various accounting procedures.
- Overall responsibility for the accounting functions.
- Co-coordinating with all departments and ensuring the financial transactions and meeting the time frame.
- Supervising all documents related to finance & validating.
- Preparation statements and all required reports.
- Engage in ongoing cost reduction analyses in all areas of the company.
- Engage in benchmarking studies to invest in new branches.
- Preparation of feasibility studies for future projects.
- Reviews Accounts Payable and receivable.
- Participate in the preparation of Consolidation sheet.
- Planning for the audit of financial quarter and year end.
- Manage the preparation of the company's budget
- Forecast cash flow positions, related borrowing needs.
- Preparation and follow-up meetings of the Board of Directors.
- All matters relating to preparations for the general assembly meetings.
- Track record of shareholders.
- Follow the movement of the daily share on the stock exchange
- Communication and follow up with the company's shareholders.
- Follow up on all matters and issues relating to Bursa Kuwait (Kuwait Stock Exchange).
- Follow up on all matters and issues relating to Kuwait Clearing Company.
- Follow up on all matters and issues relating to Ministry of Commerce and Industry.
- Maintain banking relationships.
- Review monthly bank reconciliations.
- Follow-up bank facilities.
- Follow-up L/C's (letter of credit).
- Follow -up the movement and the values of fixed assets branches.
- costing of fixed-asset and depreciation.
Finalization quarterly accounts
Preparation of the budget estimates on a monthly and annual basis
comparing the budget estimates on a monthly with actual results
Accompany the auditors to audit the accounts and annual phased
Consolidation sheet
preparation all related document to the process of annual audit and
quarter unaudited financial statements
Prepare all explanations for Audit comments
Preparation and follow-up meetings of the Board of Directors
All matters relating to preparations for the general assembly meetings
Preparation of feasibility studies for future projects
Track record of shareholders
Communication and follow up with the company's shareholders
Calculation of EPS (Earning Per Share)
Follow the movement of subscription in capital increase
Follow up on all matters and issues relating to Kuwait Stock Exchange
Follow up on all matters and issues relating to Kuwait Clearing Company
Follow up on all matters and issues relating to Ministry of Commerce and Industry
The preparation of monthly payroll
Preparation of monthly bank reconciliations
Follow the movement of the daily share on the stock exchange
Follow-up banking facilities and loans
Follow the movement and the values of fixed assets branches
Member of the Committee on Coordination between departments
preparing calculations of pay leave and the end of service
Costing the games gifts and make sure it arrives in the company store on the planned time
Making a report of the revenues branches weekly and monthly and comparison with the previous year
Follow-up to the sales department, and calculating the monthly commission
The work of the monthly dues of the General Organization for Social Insurance
Follow-up of insurance and renewal of insurance and the work of the new branches.
Follow up bank accounts online.
Making the monthly reports of the withdrawal store items
Follow-up of cash compared to the actual revenue for the branches with the report of computer
All Accountat Work
Accounting