Oday Al Nabtiti

Group Finance Manager for the below Subsidiaries Co.
1. Medical Elements Contracting Co.
www.medicalelementsco.com

2.Desert Corps Contracting Co.
www.desertcorps.com

3.Pennsula Ordnance Co.
www.pennsulaordnance.com

4.Global Dimensions Co.
www.gd-consultants.com

Financial analysis & control:
• Develop and introduce controls and audit procedures for legal and Management data to insure their accuracy.
• Analyze and interpret variances and trends of financial data.
• Prepare recommendations related to cost reductions, future financial plans, Policies and procedure.
• Support execution of Internal and external audits.

General Accounting:
• Guide and supervise the local accounting and data processing functions.
• Supervise the preparation of the financial statements and all supporting Schedules and the annual audit and tax packs.

Oversight and Controls:
• Oversee internal controls and business processes including compliance to local laws and regulations.
• Ensure controls are in place and corrective actions are implemented where risks are identified.

Budgeting:
• Prepare operating and capital budgets and forecasts. Ensure they are supported by valid assumptions and are within the correct timelines.
• Identify corrective actions for any variances.

Reporting:
• Coordinate the timely and accurate reporting in line with Board guidelines.
• Develop reports in line with the needs for efficient management of the business.

People Management:
• Structure, hire and retain an effective staff to meet the business objectives.
• Ensure staff are trained and developed apropriately, including the performance of annual appraisals.

Working Relationship:
• Internal: line manager, department managers, subordinates.
• External: concerned agencies, concerned govt. institutions.

• Overall control of all financial transactions and accountancy matters, including audit systems.
• Work with senior teams to grow the businesses formulating strategies and plans.
• Overall management of the finance team.
• Lead and manage the budgeting process and Formulation of annual budgets and targets.
• Overall cash management on an ongoing basis.
• Review of accounts and investigation of variances then setting recovery plans.
• Ensuring that the regulatory requirements of all statutory bodies are met
• Management of group and board reporting the monthly management report “MMR” .
• Work with the CFO to review potential disposals and acquisitions.
• Close involvement in commercial negotiations with customers
• Prepare the Due diligence file and answering the questions.
• Manage the audit of the group Legal entities (KSA, Jordan and Egypt) ensuring annual audits are carried out timely.
• Manager and prepare consolidated financial statements for the HQ and other Subsidiaries.

• Design and review financial and accounting procedures and requirements, identify areas for system improvements, standardize procedures and act as an interface between finance and all commercial and operational departments
• Preparing monthly / Yearly Financial reports for financial analysis, forecasting, cash-flows, and results analysis.
• Control Accounts payable and receivable by verifying and approving all purchase journal entries as well as sales entries. Prepare monthly aging reports for both accounts payables and receivables. Intensive follows up with customers having past outstanding balances.
• Set up the yearly budget for all departments in accordance to the company business plan for the coming years and reporting any variances to the management utilizing actual figures.
• Coordinate with the sales tax & Income tax consultants and prepare on monthly basis the needed reports for sales and income tax department to obtain tax clearances.
• Provide external auditors with the needed financials along with its justifications and supports.
• Keep close communicate with company’s department to ensure all needed provisions being considered monthly.
• Managing the treasury function - daily banking and related controls, periodic cash flow statements.
• Prepare and verify monthly payroll sheet, auditing & transferring it via bank's network.
• Review all the daily accounting transactions to confirm accounting books are organized in accordance with the International Accounting Standards.
• Prepare the Due diligence file and answering the questions.
• Draw purchasing offers for consumables from local and international suppliers to optimize the cost.
• Validate & Audit all issues Po’s for all Departments.

• Prepare monthly statements, analyzing and investigating variances, summarizing data, information, and trends.
• Manage AP & AR and preparing the needed reconciliations for local and foreign Vendors and prepare the aging reports for both payables and receivables and intensive follow up with customers having past outstanding balances.
• Supervising the billing process and looking after all invoices until collection.
• Prepare and verify monthly payroll sheet, auditing & transferring it via bank's network.
• Making Cash Flow Statements for money control.
• Manage & Prepare all documentation and application forms that relates to income and sales tax department, and also for social security corporation.
• Cooperate with the external auditor to issue the financial statements.

• Manage and review all activities relating to the financial accounting functions, including General Ledger; Accounts Payable, Accounts Receivable. Payroll, Fixed Assets, Period End/Year End Closing and financial reporting.
• Maintaining & reviewing the company accounts & ensuring all transactions are recorded accurately with the accounting system and according to the IFRS within an agreed timetable.
• Prepare monthly statements, analyzing and investigating variances, summarizing data, information, and trends.
• Assisted in streamlining and expediting the monthly, quarterly and annual closing process.
• Trained staff to enhance department knowledge-base and develop employee job skills and performance and continual improvement across the department.
• Manage the billing process and follow up the cash collections from the customers.
• Ensuring income tax, sales tax, social security and other government dues are recorded properly and paid on time.
• Manage and verify monthly payroll sheet, auditing & transferring it via bank's network.
• Preparing daily Cash Flow Statements for money control and responsible for daily cash management report.
• Provide external and internal auditors with the needed financials along with its justifications and supports.
• Manage Department Budget and approving major expenses.
• Identify and resolve accountings issues.

• Prepare journal entries and performing reconciliations on specific accounts during the month closing.
• Ensure all financial reports deadlines are met on time and preparing closing entries.
• Prepare monthly financial statements, analyzing and investigating variances, summarizing data, information, and trends and prepare daily management reports.
• Monitor and support all taxation reports (Employees Income tax, General tax, and Withholding tax).
• Ensure accurate and appropriate recording and analysis of revenue and expenses.
• Monitor and support Inventory and assets management.
• Supervise and manage Treasury Functions and prepare daily cash flow reports.
• Organize the chart of accounts and financial procedures at the establishment of the company.
• Analyze & recognition the sales of daily products, organizing Supplier accounts, daily audit on sales and cash deposit reports.
• Creating strategic plans and setting the overall directions to ensure the business growth and its alignment with corporate objectives.
• Managing accounts payable & receivable.
• Reconcile with banks and financial institution (Visa Card, Master Card and Amex Card).
• Interact with the external auditors in completing audit process.
• Prepare all documentation and application forms that relates to income and sales tax department, Social Security Corporation.
• Prepare and verify monthly payroll sheet, auditing & transferring it via bank's network.
• Implement new accounting techniques and system (ACCPAC ).

• Compile and analyze financial information to prepare all types of journal entries, such as general ledger accounts and document business transactions.
• Analyze revenue and expenditure trends and recommend appropriate budget level, and ensure expenditure control.
• Manage account payable & account receivable and performing reconciliation’s.
• Dealing with Social Security department and its calculation.
• Organize accrual list and ensure proper provision being considered per account on monthly basis.
• Handling Inventory and preparing daily reports for the management.
• Provide financial support to management by assist in preparing cash flow report.
• Reconcile with banks and financial institution (Visa Card, Master Card and Amex Card).
• Coordinate with different accounting sections in order to follow closing calendar.
• Assist Accounting manager in issuing company financial statement and various detailed analyses.
• Transfer L/C’s, Bank guarantees & following up and controlling the bank guarantees.
• Interact with the external auditors in completing audit process.
• Implement new accounting techniques and systems “Oracle financial Software”.

• Examines and analyzes accounting records to determine financial status of establishment and prepares financial reports concerning operating procedures.

• Inspects items in books of original entry to determine if accepted accounting procedure was followed in recording transactions. Counts cash on hand, inspects notes receivable and payable, negotiable securities, and cancelled cheques.
• Verifies journal and ledger entries of cash and check payments, purchases, expenses, and trial balances by examining and authenticating inventory items.
• Prepares reports for management concerning scope of audit, financial conditions found, and source and application of funds.

• Prepare all types of journal entries and performing reconciliation’s.
• Provide financial support to management by managed AP, AR, and payroll to ensure adequate internal controls and efficiency with procedures by utilizing the application of accounting system.
• Handle mobile bills (GSM) and follow up the collection process by prepare the aging report and follow up the cash collection from the customers.
• Interact with the external auditors in completing audit process.