Finance Manager and Head of Repoting
Mindshare for Advertising
Total years of experience :19 years, 0 Months
Financial Reporting and Analysis
• Analyze consolidated local business unit results and prepare Actual P&L, Balance sheet reports and submit to Region Senior Management after the review of local finance head.
• Review accounting issues and financial results with local finance head and Region Controller & Region CFO
• Follow up on pending accrued sales and cost of sales
• Prepare the Quarterly OMI report
• Prepare the Quarterly Litigation report
• Develop tools and KPI’s to review financial results
• Manage and optimize the closing process - ensuring timely and complete delivery of financial information for reporting to Head office
• Review significant accounting adjustments impacting the BU and consolidated Region results
• Manage communications with external auditors on financial statements and accounting issues to ensure auditor agreement with company decisions on accounting disclosures and issues.
• Review spend by media for optimization of discount earned.
• Propose improvements to Regional Financial Controller in all reporting aspects (new applications and tools, better templates…)
• To ensure financial statements are in compliance with IFRS
• Ensure inter-company transactions are eliminated and reconciled
• Attend monthly review conference calls with Regional controller and update of issues post-closing.
Support Local Finance Head
• Working Capital review, Credit Check, Cash Flow review and AR Collection
• Tax Review and Sign off
• Supervising and sign off on local team
• Client P&L
• Assisting local Head in develop annual and quarterly budgets.
• Optimizing Billing process to accelerate cash flows.
• Other Adhoc projects such as cost optimization.
• Preparing and submitting the group’s monthly financial results, budget and quarterly rolling forecasts and complete the reporting requirements to the parent company
• Preparing the monthly spending report for the management
• Preparing and analysis reports for revenues, cost and expenses
• Reviewing all the accounts to make sure that all controls are applied
• Performing detailed account analysis and corporate month-end processing and reporting
• Marinating the general ledger and ensuring compliance with GAAP
• Preparing the yearly statuary audit pack to show the difference between the GAAP and the local accounts.
• Preparing the BCC for the quarterly internal audit
• Preparing the account receivable and the account payable invoice wise listing
• Reviewing the aging of account receivable and account payable to be sure that the bad debts taken as per company policy
• Monthly currency revolution of all company accounts
• Preparing the statements and reports of estimated future costs and revenues
• Verification of LPO's, coding and posting of approved expenses in respective GL Accounts
• Quarterly Tax pack preparation
• Preparing the annual company tax return
• Reviewing work in process (WIP) movement
• Action plans for AR delayed collections.
• Reviewing the monthly Business Activity Statements and review all monthly balance sheet reconciliations
• Supervising the annual audits (internal and external)
• Reviewing and authorize the weekly accounts payable run
• Improving existing processes and streamline workflows
• Loading figures into Hyperion
• Monitoring the Cash Flow & approval of payables.
• Finalizing the write off (bad debts) with the management
• Prepare / assist in preparation of financial and operating reports including trial balance adjustments and closing entries.
• Supervising and controlling overall activities of finance department staff to ensure they perform their responsibilities professionally.
• Handling month-end closing process and prepare income and balance sheet statements as well as various other accounting statements and reports
• Managed the corporate finance tasks including all financial, management and statutory accounting and reporting \n• Prepared and interpreted the actual monthly financial statements, forecasts and reviewed the balance sheet reconciliations \n• Managed intercompany processes and monitored KPIs \n• Prepared documentation to assist with preparing legislative and statutory returns, including income tax \n• Prepared statutory reporting and liaised with auditors on the year-end audit \n• Supervised back office operations including management of staff \n• AR and AP analysis \n• Prepared monthly financial reports, cash flow analysis and the annual budget process \n• Payroll entries \n• Review the actual versus the estimated spent for each client.
• Registration of client Invoices. \n• Handling invoicing cycle for both clients and suppliers including Issuing checks for the suppliers. \n• Handling intercompany accounts around the world, reconciliations, billing, payments and monthly closing. \n• Prepare and Analyze financial reports and records. \n• Perform the reconciliation between the company, suppliers and clients. \n• Make bank Reconciliation including Transfers and follow up the Documentary Collection with the Bank. \n• Review Client statements of accounts with outstanding balance. \n• Reviews accounts payables and weekly check runs \n• Generate aging report for the payable and Receivables \n• Control the notes payable and receivable movement. \n• Perform the accrual entries and Closing the accrual entries by receiving the invoice from the supplier. \n• Daily and monthly transactions \n• Posting payable entries to the sub ledger.
Working as an auditor