Assistant Finance Manager
Agility Public Warehosing Company K.S.C.P.
Total des années d'expérience :23 years, 2 Mois
vember 2006 - Till date
- Preparation of accurate and timely financial reports and statements and ensure appropriate accounting control procedures.
- Preparing Actual vs plan and forecast variance analysis.
- Quarterly and Yearly Audit assignments, Assisting in preparation of group financial statements, Preparation of Audit schedules.
- Ensure financial records are maintained in compliance with accepted policies and procedures.
- Assisting in the preparation of annual budget.
- Analysis of Profit and losses trends starting from gross revenue through Net revenue, SG&A and net profit and the variance against plan, forecast and prior years.
- Monthly analysis and closing of books of accounts of subsidiary companies and consolidation with HFM (Hyperion Financial Management) system.
- Monthly Analysis of group balance sheet, cash balances, deposits, Net Debt, Intercompany loan and interest, Cash balance Trend, Current assets and current liabilities etc.
- Completion of the investment and equity elimination for the whole group and its HTO (Historical Translation Override).
- Oversee available for sale investment for the group and its evaluation.
- Allocation of corporate expenses to business groups, reviewing intercompany cost and revenue accounts etc at group level.
- Working closely with treasury department and verify treasury functions to ensure the consistency and determine trends of inflow and outflow cash flow.
- Cash forecast and cash flow statement.
- Handling the company’s debts accounting (loans & Bonds) and its related transactions (Interest calculation and their payments & Debt repayments & Debt reclassification according to the maturity date & Debt related issuance fees (calculation and the monthly amortization).
- Currency revaluation for the monetary balance sheet items denominated in foreign currencies other than the functional currency.
- Term Deposits & Interest on Term Deposits (Accrual & Actual).
- Interest Rate Swaps Mark to Market and their maturity closing entries.
- Foreign Currency Swaps Mark to Market and their maturity closing entries.
- Other entities funding / interest calculation and billing.
- Shareholders’ Dividends declaration, distribution and dividends payments
- Handling Intercompany related transactions and Intercompany Reconciliation.
- Reconciling reports from IT2 system (treasury system) to ensure accuracy of records for external transactions such as Fixed Deposits, external and internal loans (Intercompany).
- Maintain complete records of fixed assets, accounting of fixed assets and ensure appropriate depreciation is charged off.
Monthly closure of books of account. Finalization of sales and cost of sales accounts.
Reconciliation of General Ledger and Accounts Receivables.
Handling Accounts Payable transactions, Invoices recording and the suppliers’ payments.
Preparation of L/C for foreign suppliers and keeping track of bank credit limits etc.
Handling daily banks transactions and monthly banks reconciliation.
Over Draft Interest (monthly Accrual& Actual).
Interest on call accounts.
Credit cards transactions.
Financial audit preparation and coordinate the audit process.
Preparing Trial Balance.
Preparing P&L.
Preparing payments to suppliers & reconciliation of bank & Supplier accounts.
Monitoring petty cash and recording petty cash expenses.
Preparing payrolls sheet and employees deductions.
Booking for the daily invoices to the showrooms.
Periodic Inventory Checking.
Good Experience in book keeping.
Good Experience in payable.
Good Experience in receivable.
Good Experience in Bank accounts,
Bank Reconciliation and.
Good Experience in general ledger.
Good Experience in sales analyses.
I'm certified CMA (Certified Management Accountant) since August2011 with passing score percentage of 76% CMA member 35093