osman omer

• Determining financial objectives. Designing & implementing systems, policies & procedures to facilitate internal financial control.
• Prepare business activity reports, financial statements, Vat and forecast
• Aid management in financial decision.
• Effective Cash Flow Management
• Identifying areas for cost cutting and improvement.
• Monitoring budgets and comparing them with actual cost and revenues related to marketing and capital
• Developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and coordinate the preparation of strategic plans, budgets and financial forecast.
• Handling and resolving financial queries
• Overseeing monthly bank reconciliation
• Core member of ERP implementation (Dynamics AX 2012)
• Managing and developing a team of finance.

• Managed all aspects of financial control in the business as per catalogue of competence.
• Reduced complaints from suppliers by 12 percent by evaluating processes and implementing changes to improve cash inflow predictability and visibility, thus improving receivables management and payables scheduling.
• Improved credit terms by 40 percent and reduced quote totals by 8 percent by applying extensive local market knowledge.
• Reduced customer charge-backs and dispute by 37 percent by improving documentation requirements and instituting process changes, thus enhancing company’s credit profile.
• Reported directly to National Finance Manager.
• Managed cash, receivables, payables, assets, financials and budgets at department level, in collaboration with department heads.
• Managed timely ICS controls for receivables, payables, GL and FSL.
• Ensuring best practice of policies and procedures as per corporate guidelines and regulatory standards.
• Performed audits and oversee operation compliance with other KN stations on billing.
• Initiated processes in optimizing DSO, DPO and steadily improving working capital intensity.
• Reduced operation deferrals by 11 percent ensuring timely billing.
• Accelerated month end financial closings by one day by eliminating redundant manual processes and improving work-flow cycles.
• Managed all accounting, financial information for the regional and corporate offices.
• Managed month-end currency revaluations.
• Developed and maintained relationship with bankers and negotiated contracts, bank finance such as LC, LG, Murabaha(collection) and Tyseer.
• Managed effective credit control by ensuring timely allocation both receivables and payables by optimizing BD impact.
• Managed effective Cash Flow Management and Bank Reconciliation.
• Developing, managing and motivating a team of finance professionals.

Progress through various roles managed and supervised directly and through subordinates, professionals and clerical personal in a timely and accurate manner.

• Overall monitoring finance department and preparation of timely financial reports from source data.
• Tactical Financial Planning.
• Overseeing and controlling bank negotiations such as LCs, LGs, BGs and other bank finances.
• Audit Management.
• Accounts management using Microsoft Dynamics Great Plains (ERP).
• Overseeing Accounts payable, Account receivable and Bank reconciliation.
• Overseeing and applying fixed assets principles, procedures and practice.
• Assisting with budgets and forecasting.
• Ensuring timely posting of GL batches.
• Overseeing and control month end closing.
• Interpreting cash flows and predicting future trends.

• Master vendor data maintenance.
• Accounts payable.
• Inventory management
• Vendor Reconciliations.
• Asset management.
• Prepayments Reconciliation