Finance Manager
Tamer Group
Total years of experience :12 years, 3 Months
Team Leader (Apr 2016 - March 2022) Senior Accountant (Feb 2013 - Mar 2016) Accountant (Feb 2012 - Feb 2013) Responsibilities: Supervision of Subordinates
•Organize and supervise the activities and work of subordinates to ensure that all work within a specific area of the activity is carried out in an efficient manner that is consistent with operating procedures and policy
•Take full responsibility for the books of accounts of KSA and any other area/region assigned.
•Provide on-the-job training and constructive feedback to subordinates to support their overall development. KPI's
•Monitor the activity performance of their direct reports for a given area of activity under their control so that areas of unsatisfactory performance are identified and rectified promptly and potential performance improvement opportunities are capitalized upon Workload Planning
•Develop weekly workload planning schedules in conjunction with the line manager, taking a proactive approach to tasks, in order to efficiently manage own workload
•Develop the workload plan for the assigned area of accounting and monitor its implementation in order to ensure adherence to the plan and modifications as necessary Tax and Payroll
•Ensure that payroll comparison is correctly prepared and recorded in the books.
•Review and process monthly payroll payments through the WPS payroll file.
•Ensure compliance with tax regulation (including team guidance, preparation and processing of Zakat, WHT, VAT, and other regulatory filings and payments in a timely manner.
•Preparation of the Payroll Increment sheet. Such as bonuses, commissions, new recruitment, absences, terminations and other specialized staff transactions on a monthly basis.
•General Accounting
•Ensure the general ledger and the listing of accounts receivable, accounts payable, assets, other liability accounts, equity accounts and including process adjustments and the reconciliation of accounts are maintained by the Accountants.
•Supervise the preparation of timely and accurate departmental schedules and reports to meet companies and department's requirements, policies, and standards, in addition to verifying the monthly input data for the management and shareholder reporting.
•All relevant schedules are to fully updated across regions assigned and are available and fully reconciled on a monthly basis immediately after closing. Accounts Payable
•Supervise the receipt, registration, and verification of all invoices, service/ purchase orders, and cheque requests related to Enova's projects, material, and service purchases and ensure they are disbursed timely, are complete, accurate, and in compliance with payment terms and conditions
•Review and prioritize the invoices for payments, accounts payable cheques, and online transfers in order to ensure the payments are made timely and as per the terms and conditions established Accounts Receivable
•Make sure that all Accounts Receivable invoices and credit notes are issued accurately and on time by the team
•Ensure that customer accounts are regularly monitored, all due invoices are collected, proper follow up is done with customer, SOA are submitted to customer, by the team
•Provide guidance to the team on any delayed payments or irregularities and recommend suitable remedial actions to them in order to ensure payment issues are resolved timely
•Making sure that proper process is in place for recording any Bad Debts transaction and IFRS9 reporting. Internal Control
•Modify/ update and oversee the implementation of policies and procedures for the assigned area of accounting, in order to maintain financial security and ensure alignment with necessary best practices and regulations, in addition to monitoring the database backups as per internal controls.
•Provide support in the audit process as required, through the provision of accounting and financial data and reports and assist in implementing and following up on the audit actions in order to ensure compliance with the required standards and accounting regulations Internal and External Relations
•Supervise the investigation and resolution of customer/vendor queries as necessary and provide guidance to the team in order to ensure the right and timely response to customer/vendor queries
•Develop a pro-active working relationship with internal and external stakeholders including authorities in order to ensure the gathering/ provision of accurate data and to assist in establishing areas for service improvement Statements and Reports
•Assist in preparing the monthly entity financial statements for the organization and Project Financials for each within defined timetable in order to ensure accurate data is provided to the line manager.
•Monitor and submit daily/weekly/monthly reports as per timelines agreed on Balance Schedules / Cash position / Cash Forecast / Receivable Aging and Forecast / Paying Aging and Forecast / Collection status / Open PO status / Bank Reconciliations, Related Party Reports.
•Scrutinize the P&L and Balance sheet accounts on a monthly basis.
•Checking monthly input data for Related Parties and submit group reporting as per deadlines.
•Liaise with and provide all relevant information to Internal and External Auditors