Finance Manager
Gold's Gym Kuwait
Total des années d'expérience :19 years, 8 Mois
• Leading finance team.
• Preparing financial reporting & financial analysis.
• Preparing forecasting & budgeting.
• Approval of sales offers.
• Managing company’s debt & owner’s debts.
• Managing investment properties for the owner.
• Key person with all Kuwait banks.
• Managing the family business of the owner.
• Managing requirements of the external auditor 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 sales, AR, AP, leaves, accruals, prepaids, indemnity, ECL & provisions.
• Reporting financial comparison for prior & current periods to revenues, expenses.
• Participation in budgeting & forecasting process.
• Reporting monthly profit & loss, balance sheet, cash flows & financial analysis
• Explanation to the clients of their financial position according to SWOT analysis.
• Review sales invoices & controlling received payments.
• Control all accounts receivable, accounts payable, cost of sales.
• Preparing daily cash position, closing all petty cash
• Analyzing unearned revenues on a monthly basis according to IFRS standard.
• Preparing forecasted weekly cash flows & checking all accounts payable.
• Reviewing payroll, leaves & provisions in coordination with the HR department.
• Preparing monthly end close of accruals, prepaids, 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 financial transactions according to company policies and regulations.
• Fraud detection & disclosure of 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.
