Finance director
Allied
Total des années d'expérience :35 years, 3 Mois
Vision and strategy:
Develop financial strategies, policies, plans, systems and procedures to ensure sound financial Management.
Managing the capital employed and ensures right mix of financial structure.
Analyzing and interpreting financial statements “Ratio analysis “.
Ensure timely preparation of relevant business information to provide management with information necessary for decision making.
Monitor and analyze monthly operating results against budget.
Providing key business and financial guidelines.
Directs and analyzes studies of general economic, business, and financial conditions and
Their impact on the organization's policies and operations.
Direct and oversee insurance programs.
Financial and planning activities:
• Aligns Financial Planning to the overall business objectives and goals.
• Develops and controls financial short and long-term plans.
• Establish guidelines and participate with senior management to develop financial
strategies, pricing and proposing any necessary amendments to policies and procedures.
• Direct and review all financial functions, including forecasting modeling, budgeting,
managing cash-flow, monitoring and reporting components.
• Produce monthly report summary for business units “Actual versus budget” and report
variances to cost center managers.
• Directs and controls financial analysis and feasibility studies to identify profit opportunities.
• Provides advices to management on resource allocations.
• Develops and monitor financial policy & procedures, documents and systems for internal
control.
Accounting& Costing activities:
• Directs and reconciles financial and accounting information and records to ensure
the accuracy and completeness of financial operations.
• Establish, manage and develop financial management systems including
debtors, creditors, assets, investments, leasing, purchasing of capital machineries
and facilities requirements.
• Implement standard costing system to maintain benchmark for comprising the actual
cost of operation and analyze of deviations.
• Monitor working capital and actual operating expenses against budget to ensure
complies with company polices and strategies.
• Ensures that an accurate asset register is being kept.
• Evaluates effectiveness of current collection system.
Staff development & Supervision:
Coaching and developing finance team to practice all formal accounting systems
Identify training needs for new staff to cope and integrate with the overall competencies.
Performing annual appraisal exercises with direct reporters.
Analysis activities:
Preparing financial statement and Ratio Analysis presentation, to compare the relationships between different pieces of financial statement information.
Preparing Pro Forma Financial Statement i.e. Balance sheet, Profit and loss statement, and statement of cash flow.
Performing Project analysis and evaluation, using Scenario analysis ( i.e. assessing the degree of forecasting risk and identifying critical component to the success or failure of the project)
Examining Interaction, make linkage between investment proposal and the financing choices available.
Exploring Options, various investment and financing option can be explored, such as marketing new product, the financial analyst provide the opportunity to the firm to develop, analyze, and compare many different scenarios, and their impact on the firm.
Avoiding surprises and develop contingency plan, identify what may happen to the firm if different events take place, and address what action the firm will take if assumption made today about the future go seriously wrong.
Forecasting, planning and phasing to-market sales for Yemen.
Liaison and communicating the demand plan of Yemen to customer service department.
Coordinate with IT dept to create electronic financial solutions:
Communicating with IT dept. to create and develop financial reports to meet the management requirements.
Establishing specialized reports to analyze, report essential financial data.
3. Provide financial analysis recommendations to sales and marketing
Decide certain analysis dimensions, criteria and formats with concerned commercial department.
Produce feasibility studies to serve business and commercial decisions.
Coordinate with marketing department to verify potential opportunities.
Managing an accurate recording of all accounting financial transactions.
Prepare the monthly closing reports, monthly Accounting package (M.A.R) (GFACCS).
Preparing & reconciling Inter Company transactions.
Oversee and controlling all management accounting activities.
Preparing payroll.
Bank reconciliation.
Preparing payable vouchers.
Review monthly inventory.
Review receivable accounts and aging analysis.
Recording of all financial and accounting transactions.
Prepare the monthly closing reports - Trail balance, Income statement, and balance sheet.
Preparing & reconciling Inter Company transactions.
During the