Mohammad Jundee

Finance Manager

DARK STORES FINANCE MANAGER
I am leading the full work in finance with the finance team to keep building an ERP system that can control all finance functions in order to control inventory and operating expenses for all dark stores, handling commercial part GMV, CPO, inventory control, shrinkage, waste, entry margin, TCM, net profit on other hand controlling general expenses, staff cost, cash flow, and FA
Developed strategic financial plans and forecasting models to support long-term business objectives
Implemented effective budgeting processes that enabled the company to reduce costs by 10%.
Assisted in developing presentations for investors and lenders regarding current market conditions and investment opportunities.
Analyzed financial data, identified trends, and communicated key insights to senior leadership.
Participated in negotiations with vendors in order to obtain favorable pricing terms for materials and services purchased by the company.
Coordinated with other departments in order to ensure accurate payroll processing and timely payments.
Prepared detailed reports for executive management regarding financial results and projections.
Generated monthly financial reports and presented them to senior management.
Prepared and managed departmental and programmatic budgets to achieve corporate goals.
Recruited staff members and oversaw training programs.
Approved, rejected and coordinated approval and rejection of lines of credit and commercial, real estate and personal loans.
Provided guidance on complex accounting matters such as revenue recognition, cash flow management, inventory control, and cost analysis.
Developed policies and procedures around capital expenditure requests from departments across the organization.
Collaborated with external auditors on annual audits and ensured accuracy of financial statements.

• Preparing and analysing monthly financial statements.
• Controlled All Accounting Modules transactions.
• Supervise and prepare general ledger reconciliations.
• Review and checking the accuracy of salary process and employee benefits in coordination with the HR payroll team.
• Participate in Preparation of the yearly Budget with the Group Budgeting Manager.
• Review & verify the daily expenses and audit the credit & debit notes as well as the accounting entries.
• Participate in the sales meetings in order to achieve the required integration between Finance and Sales Departments.
• Support the management to formulate financial strategies and policies in accordance with company’s vision, mission, values and legal procedures.
• Drive P&L management with focus on accurate Sales Forecasting, cost control and resource allocation
• Manage company fixed assets and review depreciation calculation periodically.
• Margin and waste and shrinkage follow up and control
• Managing stock take from A to Z
• Provide technical expertise and advice on financial issues.

store finance manager

• Ensure the preparation of statutory accounts
• To ensure the control of the procedures regarding the expenses
• Ensuring proper analysis for all P&L & BS accounts on monthly basis.(Actual Vs. Budget, provisions, expenses bench marking & expenses by sub ledger)
• Maintain general ledger details, accruals & fixed asset register
• Coordinate and liaise the monthly closing process with Store financial controllers
• Responsible to handle accounts of multi business units managing a team of accounts staff
• Review booking of all General expense invoices
• Monthly and yearly finalization of the accounts in compliance with the accounting standards
• Review of intercompany debit/credit notes, Review of LPO follow-up
• Preparation of salary deductions
• Review and checking the accuracy of salary process in coordination with the central payroll team & booking staff cost.
• To ensure the assets tagging, tracking and performing the inventory of assets
• Ensure all payments to suppliers, staff, and other external parties are made according to company policies and
Procedures.
• Liaison with internal and external auditors.
• Archiving the GL documents as per the company policies.
• Booking & reviewing other revenue accounts.
• Controlling other income/expense accounts
• Reviewing rent calculation & booking for their relevant cost canters.
• Reviewing all sales entries & analysis for pending accounts.
• Reviewing all bank reconciliations.
• Reviewing advertising & marketing accounts & reconciling with HO.
• Store rent calculation as per agreements & booking.
• Reviewing Import Suppliers Invoices & Check invoices with the Contract.
• Control Central Payment Spooling for Import & AP Suppliers
• Control Monthly Landed cost charging for concerned Store.
• Control advance payment for Logistics supplier.
• Ensure all import shipment & Import suppliers invoice as per the contract after check the documents
• Control goods as “Goods in Transit” in Import Centre as a global amount per shipment under supplier account.
• Final Package on cartesis

• Coordinate and liaise the monthly closing process with Store financial controllers
• Responsible to handle accounts of multi business units managing a team of
Accounts staff
• Monthly and yearly finalization of the accounts in compliance with the accounting
Standards
• Processing payment to various departments: F.M.G., Heavy Household, Fresh Food, Textile, and Light Household as well as Import Payment
• Preparing the Cash Flow (Daily)
• Check the pending Invoices & follow up the one, which is not entered (Daily)
• Preparing A/P (Account Payable) Monthly Closing file
• Calculate and Prepares monthly gross margin report
• Evaluate stocks for inventory and computation of shrinkage report
• Liaising with Receiving/Warehouse Dept., IT Dept. & Commercial Dept.
• Verify negative margin report as per daily turn-over
• Verify documents relating for payments & attached to the pre-printed cheques
• Control and follow up the pending Home delivery with the suppliers
• Handle & resolve supplier’s queries
• Overview and control the rebates, gondola and other supplier benefit entries.
• Prepare ageing analysis for outstanding balances
• Maintain monthly debit balances report for all suppliers
• Making internal adjustment for outstanding debit/credit entries in suppliers account
• Prepare the inventory Zones & Plans and Pass it to the responsible Department Head.
• Prepare the Suppliers Reconciliation with the Team and following up to Finished at the Exact Time
• Prepare Daily Gross Margin & send it to the GM office and to all Departments Head and to the Finance Department Head
• Control the Internal Sale Procedure by making Excel Sheet control with JDE
• Updated the Cheques list every month and add the new Cheques to the Cash Flow
• Prepare the Price Protection Excel Sheet to follow with the Section Managers to get the CN from the Suppliers,
• To train & motivate staff as to daily work.