Financial Reporting and Budgeting Manager
Saudi Fransi Capital
Total des années d'expérience :8 years, 5 Mois
Lead the preparation of monthly business units and consolidated financial statements. Manage the company's financial reports production, including accounting and earnings reports presented to directors, shareholders, and auditors. Audit financial statements for accuracy, perform adjustments when necessary, and confirm conformity with legal requirements Review periodical, weekly, and quarterly sales reports and manage general ledger reconciliation. Evaluate business needs, prioritize projects, and direct reporting requirements to completion. Analyse operating outputs, administrate project status schedules and assess them regularly. Research, investigate, and report on any financial inconsistencies or improprieties. Assist the Financial Controller and CFO with key accounting tasks. Conduct quality assurance and deliver reports accurately and promptly. Revise balance sheet items and income and expense fluctuations utilizing various systems and information sources.
Established new policy and procedure documents to help business units comply with VAT, WHT, and TP requirements. Collaborated, assisted and supported business units, project managers and management to ensure effective tax control during project initiation, development and post implementation. Reviewed all agreements and contracts for tax implications and established necessary procedures to ensure timely and accurate reporting of all applicable taxes. Prepared and filed all corporate tax returns accurately and on time. Examined the balance sheet and profit and loss items and advised management on optimizing the tax and zakat structure.
Evaluated and addressed appeals related to value-added tax, zakat, income tax, and withholding tax. Conducted thorough reviews of taxpayers' penalty cases before GAZT imposed any charges. Offered assistance and advice to taxpayers to enhance their comprehension of GAZT initiatives and help them manage their taxes efficiently to prevent penalties. Prepared reports and recommendations for decision-makers.
Developed a base budget that includes all operational and financial changes for the upcoming year. Created quarterly forecasts to better align actual results with the base budget and make adjustments as necessary. Conducted monthly reconciliation to compare actual budget and maintain control over accounting entries associated with the profit and loss statement. Performed monthly audits of non-transportation accounting entries and made adjustments as needed.
Tracked financial transactions and invoices from beginning to end. Managed various monthly closing activities and adjustment entries. Prepared monthly vendors' reconciliation. Assisted in weekly payment and forecast.
