Assistant chief of the financial sector
Saudi Health Intensive Care Group
Total years of experience :18 years, 4 Months
• Audit the financial operations of the group companies through periodic reports.
• Participate in providing liquidity to the Group's operations.
• Approval of the general policies of the banking and monetary exchange.
• Follow-up Group companies' budgets and prepare a report of the differences.
• Review financial statements of Group companies
• Participate in the development of the overall performance of the group to ensure the reduction of the total costs.
• Handling all admin &finance and business development process
Accounting & Controlling
To supervise critical functions within the accounts department and monitor compliance with prescribed and accepted accounting principles (IFRS) and company policies & procedures.
Review and control bank reconciliation to ensure minimum variances in financial statements.
Investigate, review, and corrects errors and inconsistencies in financial entries, documents. Establish proper handling of financial transactions and approves transactions within designated limits.Maintains and monitors the fixed assets system, maintain system of accounts and keep records on all company transactions and asset.Implement corrective control checks for accounts payables. Oversee & ensures all payments are made according to company policies and procedures.Adhere to AGRE policies, guidelines and DOA as well as legal compliances.
Reporting
Preparation of highly accurate monthly, quarterly, annual MIS, board presentation reporting packs.Providing variance analysis and narratives on actual vs. budget revenue and costs, identifying added-value reporting opportunities for trend analysis and commentary to assist forecasting and budgeting requirements.Compiling executive information for senior management by assembling and summarizing data; preparing reports; making presentations of findings, analyses and drafting recommendations
Planning & Budgeting
Actively participate in budget discussion, prepare Annual Budget in consultation with General Manager and present the same to Senior Management & Group CFO for review & approval.
Establishes guidelines for budget preparation and leads the annual budget process in consultation with senior leadership.
Opex. & Capex. analysis and business plan preparation
Oversee long-term budgetary planning and cost management in alignment with Group strategic plan.
Annual Audit
Preparation of annual financial statements for External Auditors.
Work with internal auditors during financial and operational audits.
IT Improvements
Increasing department productivity by developing automated applications; eliminating duplications and efficient coordinating of information requirements
Project Management
Monthly reporting of projects under construction with variance analysis on cost and timeline.
Proper updation of data as per company project management handbook in the SAP system and regular reporting to Group CFO & Board.
Strategy
Analyses and makes recommendations regarding strategic investments and other key business decisions, Key contributor for Senior Leadership.
Sparring partner with the GM on all operational and strategic issues as they arise; provide strategic recommendations based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.
Participate in the ongoing strategic planning process as an integral member of the senior management team.
Team Management and Leadership
Develop and manage direct staff
Key member of the leadership team, assisting in the vision, strategy for the team
Engage other members of the senior management team -evolving strategy, operational delivery, and data collection needs.
Professional/Industry Knowledge
Knowledge and applied professional understanding of the principles and practices of institutional investment management, Highly developed skills in negotiating, and structuring.
other responsibilities
Work with external companies for valuation of the key assets, thereafter, apply the same logic/yields for valuation of balance properties. Building excellent professional relations with all work partner organizations (banks, governmental organizations, medical services and etc )
Handle full spectrum of financial and cost accounting role eg. AR, AP, GL, forecasting, budgeting etc
• Responsible for day to day finance and accounts operations
• Perform full set of accounts and ensure timely closing of accounts.
• Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting.
• Review & approve payment vouchers & journal entries
• Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis.
• Issue project cost reports for review and approval.
• Develop and maintain internal control and effective accounting system and policies for the set up.
• Support CFO in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy
• Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns
• Work consultatively with the respective departments on cost reduction initiatives
• Recruiting, training, supervising and appraising staff.
• Organize all store operations and allocate responsibilities to personnel
• Achieve growth and hit sales targets by successfully managing the sales team.
• Supervise and guide staff towards maximum performance
• Prepare and control the store’s budget aiming for minimum expenditure and efficiency
• Monitor stock levels and purchases and ensure they stay within budget
• Ensure product stock is adequate for all distribution channels and can cover direct demand from customers
• Deal with complaints from customers to maintain the store’s reputation
• Inspect the areas in the store and resolve any issues that might arise
• Plan and oversee in-store promotional events or displays
• Keep abreast of market trends to determine the need for improvements in the store
• Analyze sales and revenue reports and make forecasts
• Ensure the store fulfils all legal health and safety guidelines
• Design Inventory System.
• Establishment of documentary Cycle of the stock.
• Regulate the exchange and receipt from the store.
• Observation on Warehouses.
• Analysis Cost of Operation.
• Set up a group of book-entry registration of the accounting.
• Preparation of journal entries.
Preparing and auditing all the following documents:-
American journal
Balance Sheet
Bank Settlement
Income Statement
General ledgers
giving sessions for training accounts.
• Preparing financial solvency of the company.
• Preparing quarterly and final financial statements.
• Preparing the list of income and financial position.
• Preparing the bank settlement.
• Prepare and print a summary of the customer account and follow-up periodically.
• Preparing the monthly payroll.
Preparing and auditing all the following documents:-
American journal
Balance Sheet
Bank Settlement
Income Statement
General ledgers
Tracking the customers accounts
Preparing and auditing all the following documents for Companies:-
American journal
Balance Sheet
Bank Settlement
Income Statement
Discounting and Counting Forms
General ledgers
Dealing with the Taxes Organizations
Preparing and auditing all the following documents:-
American journal
Balance Sheet
Bank Settlement
Income Statement
General ledgers
hospitals management
A cadmic Studies: • Bachelor of commerce, Major : Accounting, Faculty of Commerce, Ain Shams University, Grade: Good. Year: 2007. • Post graduate Studies: Finished the first year in master degree second year is in progress , Year: may, 2009, Cairo university, Grade: good. Training Courses: • 2007_2008, Professional Certificate in International Computer Deriving License, UNESCO (ICDL). • Preparation Course Review for TOEFL Test , Ain Shams University. • Peatch Tree Accounting training course jun,2009