Finance And Accounting Manager
Milestone International school
Total years of experience :18 years, 10 Months
• Assess company’s financial status.
• Analyze investment plans.
• Analyze market trends to identify risks and opportunities.
• Forecast revenues and costs and report any discrepancies.
• Manage current and future tax payments, monitor financial procedures and ensure compliance with the law
• Provide solutions and set goals to increase profitability.
• Maximize return on investment by utilizing all available facilities.
• Analyze accounting process, identify issues and implement the best solution to ensure efficient workflows.
• Monitor all reporting requests and prepare reports on a regular basis to ensure resolution.
• Increasing the percentage of collecting the debts more than 45% within one month, putting the rules of credit policy to prevent the mistakes and implementing strict collection processes will greatly improve our financial stability.
• Performing financial planning and analysis.
• Preparing the Financial statements.
• Provide management with accurate, relevant business analysis to support monthly operational reviews and ad-hoc requests, and ensures timely and accurate information
• Oversee cash flow, cash management, working capital, and company audits
• Ensure legal compliance on all financial functions
• Implemented various controls and policies to bring cash flow to surplus.
• Provides leadership in the development for the continuous evaluation of short and long-term strategic financial objectives and business plans
• Establish and maintain strong relationships with senior executives to identify their needs and seek full range of business solutions.
• Take hands-on lead position of developing, implementing, and maintaining a comprehensive job cost system.
Providing financial & accounting consulting for many firms in Istanbul/Turkey
Areas of Expertise include:
▪ Financial & Operational Strategy
▪ Accounting & Treasury
▪ Risk Assessment & Mitigation
▪ Client Relationship Management
▪ Budget Administration
▪ Revenue Growth
▪ Financial & Risk Management
▪ Corporate Initiatives & Restructuring
▪ Project Management
▪ Strategic Business Plans
▪ Relationship Building
▪ Business development
▪ Staff Training & Leadership
▪ New Financial Procedures & Strategies
▪ Business Analysis
▪ Financial Analysis & Planning
▪ Cash Flow Optimisation
• Rebuilding the chart of account and designing monthly reports on the system which reduced the time of creating the reports from 3 hours to 10 seconds.
• Solving accounting and finance problems that reduced some expenses elements almost 50%.
• Helping the CEO and CFO taking the right decisions by creating new finance reports.
• Creating, designing and updating policies and helping to create a new structure for the company.
• Performing project cost forecast, budgets, cost tracking, monitoring and control.
• Reducing the price 30-50% for each contract by managing & controlling the contracts of suppliers.
Achievement :
• Reduced the time for making reports more than
four times by building New Chart of account and applying new System for accounting
•Increased the productivity of people 200% by
implementing policy, procedures and segregations of
duties.
• Reduced the Errors of accounting record to almost
Zero.
• helped the company increasing revenue with 20% of
net profit.
Responsibilities:
• Preparing Financial statements monthly and calculate
the portions of profit for partners.
• Handle full spectrum of financial and cost accounting
role.
• Perform project cost forecasts/budgets, cost tracking,
monitoring and controls.
• Develop and maintain internal control and effective accounting system and policies for the set up.
• Auditing various entities included in the Audit Universe
of the bank which covers the different types of audit;
Financial Audit, Operational Audit, Administrative
Audit…
• Preparing the risk-based annual Audit Plan for current
departments and new departments.
• Preparing for the audit engagement plan before every
audit mission.
• Producing the audit engagement report.
• Preparing and producing the periodical reports
presented to the Board's Audit Committee.
• Responsible for the timely execution of risk-based
internal audits in accordance with the annual audit
plan, as well as assisting with other audit matters and
projects.
•Managing & Controlling : salaries, Purchases, sales, managing cash, reconciling Banks accounts.
•Preparing Financial Reports to CFO.
•Perform financial analysis and reporting to management as needed.
•Perform month-end accounting activities such as reconciliations and journal entries.
•Evaluate computerized accounting systems and provide recommendations to IT team for performance improvements.
•Assist in auditing activities by providing necessary information and preparing requested documentations.
• Preparing reports for Re-estimating Fixed Assets, Re-calculating Portions ‘equity, changing company from individual company to LTD, • preparing financial statements for new model (LTD).
• calculating tax income and tax for changing model.
• Sharing auditing many firms
I have reduced the time of operation more than 20% by implemented new work flow and made smooth operation of various processes that contribute to the production of goods and services of an organization.
I have made Full cost system for the factory Planning, organizing and direct all the activities of the cost accounting function.
Ensured that all workings are manufactured in a correct, cost effective and timely manner in alignment with specifications and quality requirements.
Improved operational systems, processes and best practices that guarantee organizational well-being.
Purchase materials, plan inventory and ensure warehouse efficiency.
Contribute towards the achievement of company’s strategic and operational objectives.
I have increased the profitability of company 40% by analyzing the variation of costs and eliminated not necessary costs.
I have reduced manufacturing defect 50% by Performed quality controls and monitor production.
Damascus University - Accounting