Finance Director
Salman Group ( Saudi Group of Companies )
Total des années d'expérience :40 years, 1 Mois
All Financial responsibilities for the Group of companies ( 4 printing Factories - Belt Factory - Contracting - Leasehold Improvement - Logistics - Travel )
Budgeting - Forecasting - Internal Controls - Financial Statements - Cash Flow ( Actual - Forecast ) - Taxes - Setup ERP Systems - Reporting enhancement - Cost Saving - Control all Accounting Journals as per IFRS - Balance Sheet Reconciliations -
All Financial responsibilities for the Group of companies ( Land reclamation Company - Trading Company )
Budgeting - Forecasting - Internal Controls - Financial Statements - Cash Flow ( Actual - Forecast ) - Taxes - Setup ERP Systems - Reporting enhancement - Cost Saving - Control all Accounting Journals as per IFRS - Balance Sheet Reconciliations
All Financial responsibilities
Budgeting - Forecasting - Internal Controls - Financial Statements - Cash Flow ( Actual - Forecast ) - Taxes - Setup ERP Systems - Reporting enhancement - Cost Saving - Control all Accounting Journals as per IFRS - Balance Sheet Reconciliations
For Slaughter Sector
Cairo Poultry Processing Company - Americana Group
• Management accounts, budget preparation, financial forecasting, Cost control & cash flow management, Stock control
• Develop reports for top management summarizing the businesss financial position in areas of income, Expenses, capital usage & cash flow, and coordinate the preparation of strategic plans, budgeting, and financial forecasting.
• Ensure that all financial controls divisions are met and adhered to at all times.
• Giving advice, guidance, and support on all financial matters to the company directors.
• Dealing and reacting with internal and external auditors or any other independent third party in the frame, data, and requirements, explaining and responding to any comments and requirements.
• Manage with Fleet Manager all Company Fleets to achieve maximum utilization and profitability.
• Manage with Administration Manager all staff and company requirements.
• Staff Transportation - Third Party
• Staff (Meals - Laundry)
• Company Mobile Line and Land Line
• Company Legal Cases
• Ensure the timely and accurate completion of monthly, quarterly, and annual reporting for internal and regional office in addition to providing variance analysis.
• Review balance sheets and P&L including details when necessary.
• Ensure implementation of audit recommendations from internal and external auditors and compliance of all Company policies and procedures.
• Direct the annual budgeting and planning process to ensure that a comprehensive and accurate plan is completed.
• Ensure the periodic forecast process is completed in a timely and accurate manner.
• Ensure proper and accurate Costing is achieved to enable management to drive strategic decisions in product pricing and profitability.
• Ensure liquidity is sufficient to pay debts when due and ensure that employees and suppliers can be paid in accordance with relevant deadlines.
• Ensure accurate and timely billing of all company activities.
• Ensure Control of Company Stock and ensure that company Stock is sufficient for the company production plan.
• Manage with Fleet Manager all Company Fleets to achieve maximum profitability.
• Ensure Quarterly Stock inventory took place and report the discrepancy to Management.
• Identify areas for cost control and reduction throughout all functions of the business experience curve.
• Provide financial and business advice to drive strategic investment decisions.
• Coach, train and develop finance staff through on the job training internal and specific external courses. Develop a departmental succession plan and ensure adequate staffing levels in line with business requirements.
• Ensure teams operate at optimum efficiency with concentration on continuous process evaluation and improvements.
• Develop communication skills of the Collection team with Customers to reach the collection target and focus of old aged invoices to reduce bad debits provision
• Seek the best solutions to ensure invoices delivery on time to customers with all customer requirements to minimize the payment process flow.
• Responsible for driving commercial collections and overseeing day-to-day operations of a growing countrys Revenue to arrange required cash flow to meet purchasing plans on time and reduce DSO targets.
• Ensure liaison with Sales Team to solve Customer problems and Customer visits.
• Ensure company and departmental policies are followed.
• Liaise with a company lawyer for bad paying customers.
• Setup and manage the accounts receivable module to ensure the posting of all Collections, Notes, and Write offs and allocate all transactions to produce accurate Customer statements.
• Ensure that all transactions are accurately recorded in the general ledger, after reviewing and approving all transactions, ensure that all internal and external accounting requirements are implemented.
• Manage the month end closing process and prepare monthly financial statement reports to the management.
• Ensure setup of internal controls process to be fully implemented and follows according to DHL Policies and Procedures
• Prepare company Budget and Forecast
• Ensure that all accounts of the balance sheet are reconciled and reviewed monthly.
• Ensure proper safeguarding of the company assets and that they are physically checked once a year.
• Review monthly Payroll.
• Liaise with external audit and tax consultants.
• Monitor and control staff performance.
• Ensure that requests from Customers for additional information or Credit Notes are promptly met
• Manage Credit Control Activities to DSO and Bad Debits Targets
• Ensure implementation and regular review of the Credit Policy
• Ensure Invoices deliver to customers within standard time frame.
• Ensure liaise with the sales team to solve Customer problems.
Responsibilities Included: -
• Control the General Ledger Accounts according to the chart of accounts.
• Prepare the Branch Budget
• Ensure all Bank policies and procedures are applied for Internal and External Audit
• Compare the monthly Profit and Loss performance against the Budget for Branch Manager
• Control and follow up on Outstanding items between Branches (Transfer, LGs, Collections, Cash letters )
• Control Expense Authorities according to the Bank Policy
• Supervise Internal Audit terms to achieve the best quality of checking all Bank transactions for Customer statements and Branch Ledgers daily.
• Control Loans and Overdraft facilities and Interest rates applied for Customers.
• Follow up on vendor's Contracts and services provided.
• Prepare monthly Profit and Loss Statements and Balance sheet reports.
Responsibilities Included: -
• Control the General Ledger Accounts according to the chart of accounts.
• Prepare the Branch Budget
• Ensure all Bank policies and procedures are applied for Internal and External Audit
• Compare the monthly Profit and Loss performance against the Budget for Branch Manager
• Control and follow up on Outstanding items between Branches (Transfer, LGs, Collections, Cash letters )
• Control Expense Authorities according to the Bank Policy
• Supervise Internal Audit terms to achieve the best quality of checking all Bank transactions for Customer statements and Branch Ledgers daily.
• Control Loans and Overdraft facilities and Interest rates applied for Customers.
• Follow up on vendor's Contracts and services provided.
• Prepare monthly Profit and Loss Statements and Balance sheet reports.
Responsibilities Included: -
• Ensure all daily bank transactions are posted to the General ledger according to the chart of accounts.
• Review Branch Reconciliation with branches and follow up on outstanding items. (Transfer, LGs, Collections, Cash letters)
• Review all branch Expenses for Payment
• Prepare monthly performance reports against Budget
• Review all Bank transactions for Customer statements and Branch Ledgers.
• Review Loans and Overdraft facilities and Interest rates applied for Customers and follow up with Credit Management Customers who exceed the Credit Limit.
• Review Interest calculation for Overdraft, Saving accounts.
• Prepare the Balance sheet reconciliation.
Responsibilities Included: -
• Prepare Branch Accounts Reconciliation
• Prepare Payment for Branch Invoices
• Prepare Branch Reconciliation with Branches.
• Prepare Profit and Loss Report.
• Follow up on the Customers Overdraft Facilities with Credit Dept.
• Depreciation and Amortization of Fixed Assets
• Interest Calculation for Overdraft and saving accounts.
• Perform sight-checking of all posted entries for Customer Statements and Branch Ledgers
• Foreign Exchange Transactions
• Prepare Withholding Tax Reports
• Prepare different reports concerning: - a. Assets and Liability Report b. Profit and Loss Analysis c. Expense and Income Analysis d. Central Bank of Egypt Reports
Responsibilities Included: -
• Check all Branch transactions and prepare trial Balance.
• Post Daily Branch entries to the Customers Statement and Branch Ledgers
• Prepare Daily General Ledger
• Prepare Daily Reports.
Sales representative For Photocopy machines (U.bix)
Dooki