Financial Manager
Confidential
مجموع سنوات الخبرة :23 years, 7 أشهر
• Prepare periodic forecasts to update management on projected results.
• Analyze financial performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budgets.
• Identify, investigate, and analyze potential operational improvement.
• Understand and follow company rules and regulations.
• Establish procedures for custody and control assets, records, loan collateral, and securities, in order to ensure safekeeping, min risk.
• Budget prepares and monitor to all firm activities. Evaluate, edit, analysis and action plan.
• Evaluate financial reporting systems, accounting, collection procedures, and investment activities, and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.
• Plan, direct, and coordinate the activities of manager and workers in departments.
• Provide and interpret financial information.
• Monitor and interpret cash flows and predict future trends.
• Analyze change and advise accordingly.
• Formulate strategic and long-term business plans.
• Research and report on factors influencing business performance.
• Develop financial management mechanisms that minimize financial risk.
• Conduct reviews and evaluations for cost-reduction opportunities.
• Manage a company's financial accounting, monitoring and reporting systems.
• Liaise with auditors to ensure annual monitoring is carried out.
• Develop external relationships with appropriate contacts e.g. auditors, bankers, etc…
• Produce accurate financial reports to specific deadlines
• Supervise accounting staff.
• Keep abreast of changes in financial regulations and legislation.
• Responsible for knowing critical functions within the department and capable of mentoring and assisting employees within the department.
• Utilize teamwork to develop departmental synergy.
• Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
• Reviews accounts payables and weekly check runs.
• Determines proper handling of financial transactions and approves transactions within designated limits.
• Compiles and analyzes financial information to prepare entries to general ledger accounts, cost centers and documents business transactions.
• Responsible for distributing financial statements and cost center reports.
• Prepares work papers and supporting schedules for the annual financial review.
• Staff management and development.
• Prepares financial statements and other reports to summarize and interpret current and projected company financial position.
• Communicate and work with external auditors as and when necessary
- Evaluate the adequacy and effectiveness of management controls over organizational and functional activities.
- Perform financial and operational audits in accordance with Audit Department Policies and plans to ensure achievement of the company business objectives.
- Prepare the audit programs considering the regularity of functions, flow chart the key control points, events frequency, safeguard of company resources.
- Examine and evaluate IT controls and audit risks.
- Conduct internal audit as per Audit plan, and perform audit as per audit programs in accordance with Internal Auditing Standards.
- Ensure compliance with policies, procedures, standards, laws and regulations.
- Make oral or written presentation to Group Internal Audit Manager to highlight the audit’s findings and discuss recommendations.
- Conduct attestation in accordance to plan.
- Automate the attestation plan.
- Develop mechanisms to optimize the attestation processes.
- Analyze, evaluate and summarize findings following the audit and confirm control points.
- Drafting audit findings, audit report and the corrective actions and review with Head of the audited area.
- Follow up and schedule checks to ensure that corrective actions have been carried out and are effective.
- Inspection visits to all company’s locations
- Maintains positive relations with all business areas of the company for the efficient performance of internal audit.
- Frame Works, Boundaries & Decision Making Authority
- Undertakes interactive sessions with concerned parties and undertake the process for efficient reporting and improvements.
In charge of auditing, issuing financials, discussion with management in the following institutions :
Sukuk k.s.c, Health Investment k.h, Tebiat Al Kuwait k.s.c.c, Stelco. K.s.c.
Al Bisher Sons Co. w.l.l., General Trading Co. w.l.l., Domain for G..T . w.l.l
Qurtoba For Furniture w.l.l., Al Muna Advertising Co. w.l.l., Hala Motel …
1 year obligatory
Assistant of auditing in the following institutions:
1- Banks
Credit Libanais Investment Bank s.a.l.
Federal Bank s.a.l.
2-Companies:
Sharmetal s.a.l, U.M.I.P. s.a.l, Apicco s.a.l. (Alektisad Wal Aamal)…
Book keeping .., preparing trial balance and financial statments .
Makes j.v., banks reconciliations, prepare trial balance