Finance Manager
Eastern Coast Group
Total years of experience :16 years, 8 Months
❏ Plan, implement and oversee overall accounting strategy
❏ Oversee accounting daily operations.
❏ Monitor and analyses accounting data.
❏ Cash management.
❏ Take responsibility for accounts payable/receivable, cash receipts, general ledger, payroll and utilities, treasury, budgeting, cash forecasting, revenue and expenditure variance analysis, capital assets reconciliations, trust account statement reconciliations, check runs, fixed asset activity, debt activity etc.
❏ Manage the monthly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations, reports preparation and assuring compliance with internal and external financial reporting requirements.
❏ Manage intercompany transactions.
❏ Prepare static, flexible, and capital budget for new investments.
❏ Prepare and present KPIs to management.
❏ Prepare Zakat reports and testing compliance with laws.
❏ Prepare annual financial statement with its analysis and coordinate with external auditor.
❏ Achievements:
- Create financial policies and procedure.
- Create financial budget for the company.
- Choosing ERP consultant to implement SAP ERP system
Construction of Power plant, more than 5K employees and annual turnover $150m.
❏ Perform comprehensive static budget included formal quantitative model, financial (cash budget and capital expenditure budget) then submitted to senior management and the board for approval.
❏ Adjust static budget to flexible budget to perform variance analysis report.
❏ Coordinate with other concerned departments to investigate the significant variances appeared in variance analysis report to reinforcement favorable variance or eliminated unfavorable variance.
❏ Ensure all revenue related general ledger accounts are timely and accurately reviewed, calculate POC% for projects and reconcile it to ensure the integrity of financial records.
❏ Establish and enforce proper accounting methods, policies and principles.
❏ Manage monthly end close process by preparing monthly financial statement, reports and assuring compliance with internal and external financial reporting requirements.
❏ Prepare annual financial statement and coordinate with external auditor.
❏ Prepare financial statement analysis and comparing ratios to help management in decision making
❏ Prepare Tax, Zakat, VAT reports and testing compliance with laws.
❏ Evaluate and test the design and operation of accounting, internal risk assessment and control systems
❏ Test compliance of process and process owners with the defined policies and procedures
Manufacturing, chicken products and Slaughterhouse, more than 500 employees and
annual turnover SAR 250m.
❏ Prepare annual financial statement with its analysis and coordinate with external auditor.
❏ Manage monthly end close process by preparing monthly financial statement, reports and assuring compliance with internal and external financial reporting requirements.
❏ Prepare consolidated financial statement for the group and manage intercompany transactions.
❏ Assist in budget preparation and prepare forecasting cash flow.
❏ Process month and end year process, accounts payable/receivable, cash receipts, general ledger, payroll and utilities, treasury, budgeting, cash forecasting, revenue and expenditure variance analysis, capital assets reconciliations, trust account statement reconciliations, check runs, fixed asset activity, debt activity.
❏ Prepare Zakat reports and testing compliance with laws.
❏ Spend 2 year as senior accountant then promoted to chief accountant.
Verifying, allocating, posting and reconciling accounts payable, receivable and accruals.
❏ Monitor the Credit Limits and outstanding of the parties.
❏ Prepare monthly closing reports such as bank reconciliation, accruals, prepaid expenses,
customers ageing report and fixed assets depreciation).
❏ Prepare monthly payroll.
❏ Supervise daily cash and bank transactions.
❏ Participate in financial statement preparation and all tax reports.
ACHIEVEMENT
❏ Implement
