Finance Manager
Gold's Gym Kuwait
مجموع سنوات الخبرة :20 years, 8 أشهر
• Leading finance team.
• Issuing financial reporting to the owner.
• Preparing forecasting & budgeting with participation with all departments managers.
• Financial planning & analysis for all financial reporting.
• Studying all sales offers before approval by the owner & giving recommendations.
• Managing company’s debt & the owner’s debts.
• Managing all investment properties for the owner.
• Key person with all Kuwait banks.
• Managing the family business of the owner.
• Supervision for all requirements of the external auditor of Gold’s Gym, PwC.
• Preparing the personal financial net wealth of the owner.
• Delegated finance manager by Bench for Gold’s Gym Kuwait from May 2021 to Oct 2022
• Accounting manager of portfolio that contains (Cafes, Clinics, Restaurants).
• Review generated sales report by E-Apps (Talabat, Cravez, Manasati, Tap & Zyda).
• Review all balances of AR, AP, leaves, accruals, prepaids, indemnity, ECL & provisions.
• Reporting financial comparison for prior & current periods to revenues, expenses.
• Reporting monthly profit & loss, balance sheet, owner’s equity & cash flows.
• Reporting monthly financial analysis by using financial ratios.
• Review sales invoices of clients and controlling received payments.
• Control all accounts receivable of the company & updating sales reports.
• Weekly updating for cost of sales according to rendered services.
• Preparing daily cash position.
• Follow up the closing process of all petty cash within related documentation.
• Analyzing unearned revenues on a monthly basis according to IFRS standards.
• Preparing forecasted weekly cash flows & checking all accounts payable.
• Reviewing payroll, leaves & provisions in coordination with the HR department.
• Preparing monthly end close of all accruals, prepaid, and assets depreciation.
• Review the trial balance before preparing the monthly profit & loss statement.
• Preparing financial analysis and reporting to management as needed.
• Audit, review & analyze all financial reports.
• Control cash management, liquidity, Accounts Receivables & accounts Payables.
• Organize work to meet & determine priorities with specified deadlines.
• Preparing the income statement and the statement of the financial position.
• Coordinate with the finance team to complete assigned accounting tasks.
• Preparing financial reports before approval from CFO.
• Analyze financial discrepancies and recommend effective resolutions.
• Provide guidance and full support to junior Accountants.
• Assist in budget preparation with all firm departments.
• Participation in auditing activities by providing necessary information.
• Monitoring the financial transactions according to company policies and regulations.
• Fraud detection & disclosure for unethical practices.
• Maintaining the balances of subsidiary accounts.
• Reviewing the general ledger, preparing reconciliations before preparing a trial balance.
• Summarizing financial status by collecting supporting information.
• Reviewing payroll before issuing and posting.
• Completing external audit tasks.
• Preparing assets, liabilities, expenses & revenues entries.
• Verifying documentation, preparing payment vouchers and issuing cheques.
• Daily cash count with the cashier & preparing banking reconciliations.
• Prepares financial reports by collecting, analyzing, and summarizing information.
• Maintains customer confidence and protects operations by keeping financial information confidential.
• Distribution of all quantities to cooperative societies in Kuwait.
• Receiving purchase orders from societies & making sales invoices.
• Controlling of sales returns and damages quantities.
• Weekly counting for all goods & merchandise in stores.
• Issuing reports about sales & sales returns.
