Group Financial Controller
Compass Logistics International
مجموع سنوات الخبرة :14 years, 11 أشهر
* Managing the group finance transformation project which includes implementing new financial solution “Oracle NetSuite” across 12 countries and more than 25 branches, the implementation project includes redesigning current finance and operations process to enhance efficiency and prevent risks, designing and managing the integration with the operations solution, implementing supporting tax solutions for different countries, introducing valid accounting procedures and techniques to ensure full compliance with IFRS/GAAP as required for each country and enhancing the system reporting tools to ensure on‐spot availability of key financial and operational data
* Lead BI team to design new reports and data workings that would ease the preparation of various reports used by different departments
* Develop and maintain dynamic consolidated and stand‐alone financial reporting along with detailed financial analysis workings
* Prepare and present monthly financial decks to the top management and partners
* Developing allocation techniques to properly evaluate the profitability of various business units
* Prepare individual and branch wise targets in compliance with the management vision
* Review the monthly performance and compare actual performance with targets and advice corrective actions where needed
* Continuously review business processes and evaluate better practices
* Providing the group’s management with reliable recommendations and solutions that addresses existing issues and highlight best practices to prevent such issues in the future
* Introducing policies and procedures that serves as a guideline for the finance departments to ensure the consistency of the financial recording and reporting across the group
* Review and enhance financial controls to maintain stronger cashflow across the group
* Evaluate investment opportunities for existing and new operations and projects, and decide on feasibility and profitability
* Prepare and control the group’s budgets and forecasts
* Prepare Ad‐hock report for top management and various departments
* Assist in yearly audit
• Initiate and control the yearly budget process, ensuring the accurate and timely submission of data by various departments, managing the data uploads and validation in BI and Hyperion modules, and preparing the budget presentations to the senior management
• Managing the quarterly forecasts, capturing and analyzing the variances versus budgets and preparing proper bridges to justify the gaps
• Review and evaluate the monthly brand's performance versus budget and forecasts
• Ensure timely and accurate monthly, quarterly and yearly closing of the accounting books, including the
co-ordination in between the various departments and processing the final review of the books
• Preparing the monthly stress analysis to capture and address potential risks and opportunities
• Working with the group compliance department to identify and resolve operational and financial risks
• Working with operations and project teams to allocate CAPEX for existing and new projects, maintaining a proper tracker to ensure project progress is in line with the pre-approved plan
• Review the Internal processes related to finance department to identify gaps and enhance the controls
• Preparing monthly business financial and operational performance presentation
• Working with both internal and external auditors in order to address and resolve all audit queries and points
* Managing the company's finance department
* Identifying, recording and reporting financial data according to the IFRS and the GFM.
* Managing Procurement processes and vendors contracts.
* Responsible for the service market research and vendors contracts negotiations.
* Preparing the monthly banks, affiliates and vendors reconciliations.
* Preparing the monthly & annually financial reports including the cash flow forecasts.
* Managing the external audit process.
* Managing the following human resources affairs: payroll, social security, Income Tax, health insurance.
* Responsible for the company's legal issues and the governmental agencies relations.
* Reporting directly to the headquarter finance management and the regional financial controller .
• Directing and supervising the company's accounting Dept.
• Identifying and recording daily financial transactions.
• Preparing monthly banks reconciliations.
• Follow up the daily R&D.
• Preparing monthly payroll transactions.
• Follow up the outstanding AR / AP accounts.
• Follow up the maturity of approximately 600 location contracts and reconciling the leasing contracts related accounts on monthly basis.
• Working closely with the operations manager, marketing manager and the general manager to prepare an on-monthly-basis Disbursement budget and controlling its implementation.
• Preparing projected financial statements.
• Preparing projects budgeting and pricing reports.
• Preparing the company's monthly financial statements including Balance sheet, Income statements and cash flow statement, and issuing them based on both the accrual and the cash basis.
• Preparing various financial studies reports as needed by the company’s financial consultant.
• Working directly with the company’s auditors, Company’s financial advisors.
• Reporting directly to the CEO.
• Identifying and recording daily financial transaction.
• Follow-up Accounts receivables.
• Preparing monthly banks reconciliations.
• Invoicing.
• Preparing quarterly sales reports.
• Preparing employees monthly salaries.
• Inventory costing and supervising.
• Opening and controlling the LC’s accounts.
• Preparing the social security participations.
• Preparing monthly and the annual financial reports.
• Working closely with the company’s auditors.
• Reporting to the finance manager.
overall degree: very good