Group Financial Controller
Balubaid Group . Industrial Sector
Total des années d'expérience :28 years, 4 Mois
• Responsible for preparing Annual financial statements according to Egyptian Accounting Standard along with the Monthly Reporting Package according to IFRS to Headquarters .
• Ensure an accurate and timely monthly, quarterly and year-end close activity including the Responsibility of the Monthly Industrial Cost activities.
• Ensure the timely reporting of all monthly financial information.
• Supports budget and forecasting activities.
• Oversees the daily accounting activities required to maintain the Authority’s general ledger on periodic basis.
• Produces quarterly and annual financial statements and ad hoc financial reports.
• Supervises, directs, and reviews the work of the accounting staff (including, cash management, cash
reconciliations, check runs, Letter of Guaranties, accounts receivable transactions, fixed asset activity, payroll, accounts payable transactions, debt activity, Insurance file, recording of revenue and expenses, etc.).
• Makes and implements recommendations to improve accounting processes and procedures.
• Monitoring the compliance with rules and regulations.
• Coordinate with External Auditors.
• Coordinate with the Tax Authority along with Tax Consultant.
• Maintains organized set of detailed records and files to document financial transactions.
• Determine the compliance of transaction with minutes of meeting of the Board.
• Avoids legal challenges by understanding current and proposed legislation; enforcing accounting regulations.
• Guides other departments by researching and interpreting accounting policy; applying observations and recommendations to operational issues.
• Handle personnel issues relating to staff conflicts, absenteeism, performance issues, etc.
• Adhoc Jobs (Any other tasks asked by top management).
• Preparation and evaluation of the Yearly Planning & Budgeting in coordination with management team and upload it in SAP.
• Prepare yearly Projected financial Statements including the Accumulated Actual Performance Versus the Budget and Latest Estimates with the ratio analysis & statistic reports.
• Prepare a Monthly, Quarterly and yearly Tally to Analyze the Financial Statements and measure the deviations between the Actual Versus Budget, and versus the latest Estimates.
• Prepare the Latest Estimates Report on a monthly and quarterly basis & compare it with the Budget & Actual performance, Upload it in SAP on monthly basis.
• Prepare a Monthly Business Review Report to the Business Director by the performance for the whole factory.
• Prepare Feasibility Study to production lines in cooperation with other Technical departments.
• Monitor and review the financial progress and take necessary actions for correction each month through the Controlling Module in SAP, before handling the month end closing Activities.
• Prepare and Run the Industrial Cost each month in SAP depending on the Latest Estimates and handling all the costing view and activities for Co Module.
• Prepare the required Cost Analysis and Reports for Anti Dumping Cases; attend the discussion with the Inspectors at these cases.
• Supplying the Marketing Dept. by analytical reports like Profit per day, Contribution Margin Report, Standard and Actual variable cost for Pricing Purposes.
• Prepare all Presentations required for the Monthly Performance Review meeting with top Management, the Chairman meeting, Business Director Review meeting and the Board of directors.
• Prepare the Interunit Report to measure the performance and exceptions for the factory.
• Adhoc Jobs (Any other tasks asked by top management).
Prepare yearly financial Statements including the Accumulated Actual Performance Versus the Budget and Latest Estimates with the ratio analysis & statistic reports.
Monitoring the compliance with rules and regulations.
Auditing Field