Director Of Finance & Administration
TARGET & JIMA Construction Co L.L.C
Total years of experience :32 years, 5 Months
•Verifying and posting transactions to journals, ledgers and other records, and preparing supporting account reconciliations.
•Clearly preparing, analyzing and communicate monthly and annual financial statements and reports for all stakeholders.
•Coordinating and leading the annual audit process including liaising with external auditors and the Finance Committee of the Board of Trustees.
•Overseeing and leading the annual budgeting and planning process in conjunction with the Senior Leadership Team.
•Administering and reviewing all financial plans and budgets; monitor progress and changes by and keeping the Senior Leadership Team abreast of the organization’s financial status.
•Managing organizational cash flow and forecasting and oversite of all bank accounts and investment vehicles to maintain adequate working capital and return.
•Managing the day to day investments in conjunction with the President & CEO and the Finance Committee.
•Implementing a robust contracts management and financial management/reporting system.
•Working collaboratively with payroll vendor to prepare and input payroll including the distribution and reporting processes for payroll; the calculation of wages, overtime and deductions; and the maintenance of on-site employee records to ensure compliance with applicable regulations.
•Overseeing the contract billing and collection schedule.
•Ensuring compliance with Federal, State, local and any other financial, tax reporting and regulatory requirements.
•Updating, documenting and implementing all necessary business policies and accounting practices to improve the finance department’s efficiency and financial controls.
•Providing financial information to meet the needs of managers including producing customized financial reports, costing templates, trend analysis on an as needed, monthly, quarterly and annual basis.
•Preparing the Annual Report and Treasurer’s narrative for Board meetings and the Outlook mailing.
•Preparing, communicating and presenting critical financial matters to the Finance Committee and the Board of Trustees.
•Developing and implementing strategies and enforcing department accountabilities around recruitment and staffing, employment processing, compensation, health benefits, training and development, records management, employee relations and retention and labor relations.
•Recommending changes and supporting the work of the Personnel Committee.
•Supporting management and employees by providing talent management advice, counseling and decisions.
•Maintaining knowledge of industry trends and employment legislation and ensuring compliance with federal and state legislation pertaining to all personnel matters.
•Communicating changes in personnel policies and other personnel procedures.
•Assisting management in the annual review, preparation and administration of PBC’s wage and salary program, job descriptions and employee evaluation process.
•Conducting exit interviews to determine reasons behind separation and in conjunction with the Senior Leadership Team, developing strategies for retention.
•Consulting with legal counsel as directed on personnel matters.
•Supporting staffing by managing the document flow for hires, terminations, leaves, salary changes, special payments and ensuring that new hires have adequate workspace and office equipment.
•Analyzing organizational needs and recommending technical solutions.
•Directing operations in executing PBC’s technology policies and strategic plan.
•Maintaining and enforcing procedures around technology and telecommunication.
•Liaising between PBC and outside IT consultants in the areas of systems design, modifications or trouble shooting.
•Working closely and transparently with all external partners including third-party vendors and consultants.
•Supervising the Accounting Assistant, Administrative & Marketing Assistant and IT Consultants.
•Reviewing and ensuring compliance with all contracts entered into by PBC.
A well known Group in UAE having more than 15 Divisions engaging in diversified business fields, such as shares & stocks, Hospitality, Real Estate, construction, Trading, Manufacturing, etc..
The Responsibility Includes:
•Audit of all divisions according to the Audit plan
•Assist the management by examining & evaluating risks assessment and processes.
•Notify the weakness of control and offer suitable recommendations.
•Identify the indicators of fraud against the organization’s benefit and determine if controls to be implemented.
•Participate in any investigation required by management.
•Checking of Profit & Loss, Balance Sheet, Cash flow statements.
•Analysis of various Financial ratios and submit recommendations and suggestions to the Group internal Auditor.
•Close monitoring of monthly Sales Report & Overhead Budget, Actual and Variance Report.
•Review payroll and salary statement, annual leave Settlement, Leave Salary and Gratuity provisions for the employees, etc…
•Good knowledge of the labor low in U.A.E.
•Exam the contracts between the M.O.B.H. and other chains & companies.
•Verify all Receipts, Payment vouchers & Journal Vouchers and cash vouchers from all divisions before submitting for chairman’s signature.
•Inventory control, Cost control and Management.
•All Aspects of Accounting, Group Accounting and Consolidation.
•Reconciliation and Liaison with other Divisions.
•Preparing internal Audit Reports and submitting to the Chairman.
The Responsibility Includes:
•Review all accounts listed on the high Balance Report on a daily basis and follow up with guests concerned to secure additional credit information and / or obtain settlement.
•Contact individuals or companies to ensure that unauthorized billing do not occur.
•Control credit card charges with regard to limits on billing and to cancellation bulletins and to convey such information to all concerned.
•Approve cheques presented and / or contacts banks to verify account details as defined in local policies and procedures.
•Make daily telephone calls or correspond with individuals and companies about past due accounts in order to affect prompt collection.
•Maintain a current file on returned cheques and prepares a monthly report on the same.
•Maintain adequate files on all credit work, overdue accounts, accounts placed with lawyer and accounts eventually written off.
•Promptly forwards accounts considered uncollectible to lawyer.
•Schedule the monthly credit meetings. Attend and participate in the monthly credit meeting. Prepare agenda and summary of overdue / disputed accounts for discussion.
•Suggest policy and procedures for improvement. Inform Credit Committee members of local credit problems.
•Follow up with implementation of the meetings decisions and strategies.
•Collaborate with the Accounts Receivable Supervisor in the mailing of reminders, overdue notices and dunning letters to delinquent accounts, in accordance with established policies and procedures.
•Train and supervise the hotel bill collectors. Schedule their collecting activity and follow up on invoices assigned to them for collection.
•Prepare recommended write-off list for the monthly closing.
•Reporting to the Financial Controller.
Responsible of Accounts /
Lattakia (Five Stars Hotel) Lattakia, Syria
The Responsibility Includes:
•Supervise the day-to-day operation of the Accounts Department including, but not limited to staff scheduling, vacation planning, programmers of training, evaluation, filing and archive maintenance, etc…
•Initiate, supervise and spot check, all stock takes of inventories and fixed assets.
•Ensure that the flow of financial data is timely and accurate so that daily, weekly and monthly reports prepared by the various accounting sections are adhered to.
•Initiate and review the department checklist.
•Coordinate and prepares with the financial Controller the budgets, forecast, profit programming, projects and cost analysis.
•Assist the Financial controller in preparing all reports required by the general Manager / Regional Controller / Home office.
•Reconciliation for all accounts appearing in the general ledger.
•Entire gamut of payroll management
•Statutory compliance
•Liaison with Statutory Authorities, Banks, etc..
•Reporting to the
of Science Physics, Chemistry & Mathematics •Tishreen University- Lattakia, Syria,