Mohammed Talal Nofal - MBA - CFM - Cert IFRS

• Recommend improvements to departmental policy and support in the implementation of procedures and controls.
• Ensure proper implementation and control of group policies and procedures.
• Establish or recommend to management, major corporate economic strategies, objectives, and policies for company.
• Prepare reports, which summarize and forecast company business activity and financial position in areas of income, expenses, and earnings based on past, present, and expected operations.
• Provide management with timely reviews of organization’s financial status.
• Make all the information & analysis ready for GM to assist him in decision making.
• Supporting Sales & Logistics in contract negotiations.
• Supporting sales and all other functions in achieving their business objectives.
• Lead team in preparation of guidelines and schedule for budget creation.
• Prepare financial year budget with the consultations of GM and the Sales Department.
• Review budget proposals, and prepare necessary supporting documentation and justification.
• Lead and monitor the processing of payroll, vacation settlement and reimbursements.
• Review and recommend limits for funds to be allocated to each department.
• Determine the priority of the payments, keep in consideration Company’s business requirements and the availability of funds.
• Approve all expenses for all branches to make sure that it is legal, reasonable and in conformity with company policy and in-line with the approved budget.
• Overall supervision of preparation of all the required documents with the bank as L/C.
• Overall supervision of the issuance or receipt of bank guarantees to / from customers and follow up until cancelled, and follow up on several bank guarantees until last stage.
• Monitor and ensure efficient management of the company loans and its repayment.
• Ensure timely opening of the required letters of credit for external parties (mostly Suppliers).
• Ensure that the company complies with all legal and regulatory requirements.
• Ensure that record keeping meets the requirements of auditors and government agencies.
• Maintain relations with external auditors and investigate their findings and recommendations.
• Communicate timely audit reports and ensure of tracking audit’s actions and closure as planned.

1. Assist in Planning, Analysis, And Development of Financial Strategies for the Company.
2. Supervise and Manage Aspects of the Accounts Department and Oversee the Preparation of Monthly and Weekly Aged Debtors.
3. Manage, Analyze And Ensure All Financial Controls (Both Internal And External); Revenue Targets, Profits And Any Corrective Actions Are Taken To Guarantee Alignment With The Company's Financial Objectives.
4. Control the Accounting Process, Design And Track Financial Data, Plans And Projections.
5.Develop And Maintain Productive Relationships’ With Auditors, Bankers, And Other Financial Institutions, Makes Budget Recommendations For Various Departments, Reviews And Approves Monthly, quarterly and Year End Accounting Statements and Reports, Reviews And Approves Payments Such As reimbursements, Payments on Accounts, Vouchers, Cheques, Etc.

1. Control and Prepare Finalize the Monthly, Quarterly, Annual Financial Statement Such As Trial Balance, Cash Flow, Profit And Loss, and Balance Sheet.
2.Analyze, Reconcile, And Evaluate The Accuracy Of General Ledger, Accounting Details, Revenues, Expenditures, Accounting / Budget / Financial Reports, And District Cash Balance, Processing Documents For Input, And Posting Accounts Receivable As Necessary .
3.Control Follow Sales And Purchasing Activities Regulation, Maintaining Ledger, Verify Invoices Monitoring Contracts, Operate Internal Accounting Information Systems, Software Applications Including Word Processing Spreadsheet, In Additional To Maintaining And Creating Spreadsheet a Need, Process And Control Of Payroll, Staff Payments, Operating Expenses Payments Reconciliation Of Accounts With Our Correspondence Bank, Suppliers And Customers, Fixed Assets Accounting, Inventory Systems, And Insurance Coverage Polices .
4.Control On Journal Entries, Account Work Paper, Bank Reconciliation, And Prepare Reports, Schedules, Charts, And Database Work Paper In The Performance Of Accounting, Budget, And Financial Analysis Work, Design And Implement Changes In Accounting Systems, Accounting Policies, And Information Storage, And Retrieval Systems, Work With Other Fiscal And Program Staff As Necessary, Coordinate With Senior Management, Liaison With Joint External Auditors To Identify Their Requirement And Responds To Their Queries In Coordination With Divisions Concerned.

Supervise And Monitor Day To Day Accounting Operation, Maintenance Of General Ledger , Review / Preparation Of daily Journal Vouchers For All Expenses With All Supporting Documents , Checking / Reviewing Of Journal Vouchers For Correctness And Proper Approval , Checking the Correctness Of All The Daily Transaction Entered In The System , Reviewing / Preparing Bank Reconciliation , Calculation Of Staff Vacation Pay And Providing Necessary Information Of Personnel Department For Calculation Of Staff Benefits, Prepare Of Budgeted Income Statement Based On Data Provided By The Different Department Heads , Prepare Reports To Monitor Performance Against Budget And To Highlight Areas With Major Deviations, To Monitor Cash Sales and Petty Cash, To Support Higher Management for Any Info Needed For Effective Decision Making, Keeping Up To Date Record of All Accounting Transaction Providing Any Financial Information Needed At Store or Country Level, Preparing Final Account, Profit And Loss Account, Revision, Balances, On Sales, Purchases, and Dept_Account, Costs Of Production Units.

Teaching The Substances Accounting And Substances Computer "ICDL" Course, Made A Scholastic Plan For The Students, And The Preparation Of The Exercises And Test, Verily This Substances, And To Prepare The Revelations Of The Sharer For The Students .

Receive Audit Program And Prepare An Audit Plan To Ensure Compliance With The Given Program. Examine The Previous Audit Report To Ensure That All The Recommendations Made The Audit And Agreed By The Company Have Been Fully Implemented.
Conduct A Sample Check On All Transaction Relating To The Payments To Overseas As Well As The Local Suppliers And Verify All Payments Due To The Company To Ensure That They Are Properly Documented, Approved And Authorized By As Per The Schedule Of The Authority.
Ensure That All Outstanding Debts Are Collected In Time And That All Credit Authorization Or Any Adjustment In The Existing limit Is Properly Documented And Authorized As Per The Schedule Of The Authority Both In Terms Of The Money Value And Time limit To Avoid Any Loss Of Money Or litigation.
Conduct Surprise Cash Check And Examine The Disbursement Statement To Ensure That The Cash is Being Handled As Per Prescribed Rules, And Established Procedures And That Adequate Safety And Security Measures AreIn Place.
Check That The Provisions Of the System And Procedure Manual Are Implemented In All Areas Of Operation Such As a Dvertisement, Recruitment, Staff Accommodation, Transportation,
Installation Of PCs Issuance And Cancellation Of Pass Word, Storage, Fixed Asset Management etc. To Establish That The Company Operation is Functioning Effectively.
Obtain And Examine Evidences In Support Of The Audit Finding, Discuss With The Audited, To Find Out The Reason For Deviation From Rules, Record Their Reply, And Prepare An Audit Report Along With The Recommendation And Submit To The Audit Manager For Perusal And Issuance Of Report.

Preparing Final Account, Profit and Loss Account, Revision
Balances, On Sales, Purchases, and Dept_Account, Costs Of
Production Units, Carries Out Daily Accurate, Checking, Processing, Journal Entries,
Reconciliation & Closing of Accounts for Payables, Receivables, Supplier Accounts, Sales, Banking, Cash, Foreign Currency, Fixed
Assets, Work In progress & All Other Financial Accounting Transaction for Subsidiaries.