Chief Financial Officer CFO
Green bean roasting and coffee shops
Total des années d'expérience :30 years, 7 Mois
Help in developing overall strategy, policies & procedures in alignment with organization strategies & goals, and legal requirements.
Drive the company’s financial planning, budgeting, and forecasting.
Implementing, and maintaining a sound internal control system.
Provide a reliable cash flow projection and initiate appropriate strategies to enhance cash positions to meet the operating needs & safety financial.
Maximize company profit by using all available resources.
Decide on investment strategies by considering cash and liquidity risks.
Control and evaluate the organization’s fundraising plans and capital structure.
Primarily responsible for performing finance risk management by analyzing the organization’s liabilities and investments and advising about nonfinance risks.
Reviewing, developing, and monitoring the company’s finance IT system to meet the business requirements.
Implementation of administration procedures
Negotiating payment terms and credit limits with suppliers and clients.
Monitor the performance of projects, achievements, and variances.
Maintaining cost accounting and cost analysis.
Monitors actual performance against budgets, identifies areas of variances and problems, and counsels on corrective actions.
Oversee the timely, complete, and accurate monthly closing ensuring compliance with appropriate accounting principles, standards, and regulations.
Oversee the process of monthly payroll to be accurate, complete, and on time.
Oversee reports about Zakat, VAT, and WHT.
Handling all banking relationships and building a strong relationship with them.
Liaise with External auditors for timely completion of financial statements according to IFRS.
Responsible for the finance and accounting activities in finance department, leading 15 employees within the sections of (Accounting, Budgeting, collections, treasury, Payroll & warehousing).
Key Accountabilities:
Develop standardized financial polices & procedures on alignment with organization strategies & goals and legal requirements, including periodic review of existing and new policies.
Manage the financial planning, budgeting, monitor performance, report about material variances for corrections actions.
Oversee new system initiatives, upgrades and improvement to meet the needs of the organization.
Provide accurate and timely financial reports to the management to support them in growth revenue, cost saving and added value to the company.
As a member of the Group Executive Committee, act as an advisor to the CEO & Directors to assist them in taking strategies decisions.
Liaise with External Auditor for timely completion financial statements according to IFRS.
Handling all banking relationships and Build strong relationship with them.
Oversee reports about Zakat, VAT and WHT.
Provide a reliable cash flow projection process and initiate appropriate strategies to enhance cash positions meet the operating needs & safety financial.
Monitor performance of our projects, achievement and variances.
Oversee the timely, complete and accurate monthly closing ensuring compliance with appropriate Accounting principles, standards and regulation.
Oversee the process of monthly payroll to be accurate, complete and on time.
Reporting to the CEO.
I was responsible for monitoring; oversee the on going projects (hotels, shopping centers & Accommodation centers).
DUTIES & RESPONSIBILITIES:
• Oversee project budgeting & monitor progress.
• Mentoring Contractors & suppliers accounts.
• Mentoring project finance & negotiation with banks to get finance through
loans.
• Preparing forecasted cash flow for each project on long run.
• Participating in making visible study for new projects.
• Reporting to the owner.
I have been worked as Senior Supervisor on the following sections:
- Revenue Assurance.
- Billing Audit.
-Activation.
- Inventory & Fixed Assets.
* Reporting to Financial Controller & CFO.
I was responsible for planning, managing, and controlling all the functions of the Accounting, Finance & Administration within the finance department,
Nature of job and responsibilities:
•Establish the accounting cycle for our factory which using job orders costing system.
•Implementation for all administration procedures.
•Participating on implementing factory bylaws and major guidelines.
•Establishing, Implementing and maintaining sound internal control system.
•Maintaining the cost accounting and cost analysis.
•Participating in negotiating loans Agreement with Saudi industrial development Fund.
•Dealing with banks for all matters including opening LC, LG, SG and Overdraft facilities.
•Dealing with external auditors for finalization of audited accounts.
•Reviewing and verifying all audit schedules prior to submission to the external auditors
•Preparing the annual financial statement and financial reports
•Reporting to top management.
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As Account Manager, my duties and responsibilities included a various accounting, financial analysis, reporting activities and administration.
Nature of job and responsibilities:
•Reviewing, developing and monitoring accounting software's.
•Supervising the day to day accounting work.
•Finalizing monthly and annual accounts.
•Forecasts and monitor cash flow and credit control
•Negotiating payment terms with suppliers and clients.
•Participating in making business plans, decision-making and tender quotations
•Coordinates preparation of operating and capital budgets
•Monitors performance against budgets, identifies variances and problems areas, counsels on corrective actions.
•Analyzing balance sheet, income statement and identify the ratios comparing to previous years.
•Reporting to general manager.
•Preparing the journal entries, the General ledger and accounts for three companies.
•Controlling Inventory and make periodic physical count.
•Controlling the Property, Plant and Equipment’s.
•Reconcile creditors and debtor’s ledger and prepare/ follow up payments.
•Reconciling Bank statements.
•Familiar with all banks applications L/C, L/G & S/G.
•Co-ordination with forwarders, Freight Companies, Customs and clearness agents.
•Preparing the monthly payroll.
Reviewing the weekly reports of the sales representative.
Preparing the journal entries, the General ledger.
Follow up payments from customers.
Receiving payments remittance & deposit in bank.
Attending the tender's conferences.
Participating in prepare the price list of the goods passed on landing cost .
Certified Management Accountant (CMA)
Certified Public Accountant CPA
general grade Good ,77%