Finance And Administration Manager
Americana Group
Total years of experience :22 years, 2 Months
Leading the VAT implementation project and assured compliance with the GAZT regulation.
Partnering with the Board of Directors to align the strategies, to support their day-to-day business needs and to ensure that the company’s strategies and initiatives are getting implemented.
Prepare financial and regulatory reports required by laws, regulations, and boards of directors (ad-hoc). Responsible for managing the external audit arrangements, requirements and to ensure timely closing of all the audit requirements and issuance of the FS on or before the deadline.
Development, implementation and operation of systems and procedures to ensure integrity of accounting information and safe custody of assets, including procedures to eliminate and detect fraud or theft of company assets.
Leading and liaising with the IT function for computerization needs and processes optimization. Responsible to align the management strategies and convert them into plans in terms of OpEx, CapEx and Cash Flow budgets in condensed formats for the next 5- years and a detailed plan for the next year.
Devising succession planning process with partnership with the HR function to ensure that the right job descriptions for each position is already determined and the Finance employees are prepared to excel and advance for the next level with the right process for delegation.
Regularly develop and update the existing Policies and Procedures.
Performing credit customers' evaluation (KPIs) to evaluate the credit worthiness given to the customers /distributors, and recommend for upgrading or downgrading the credit limits based on the customer's history and results of the customer's financial statements analysis.
Identifying areas for improvement: Continually develops new ideas and ways of thinking
Ensure timely closing of the accounting period on /before deadlines.
Americana Group - Food Division Jeddah, KSA August-2016 March-2017
Preparation of financial statements with comparisons and various analyses.
Analyze Financial Performance: Anticipates and forecasts growth based on in-depth examination and integration of trends, current and past performance, and business opportunities.
Ensure financial controls are followed and all gaps identified and closed efficiently.
Ensure that accounting takes place as per the Group Accounting Policies, IFRS and SOCPA.
Design and format complicated spreadsheets and databases required within the department - data is shared with other users.
Maintain analysis and review regularly the status of construction work-in-progress for ongoing projects.
Leading the VAT implementation project and assured
compliance with the GAZT regulation.
Partnering with the Board of Directors to align the
strategies, to support their day-today business needs
and to ensure that the company’s strategies and
initiatives are getting implemented.
Prepare financial and regulatory reports required by
laws, regulations, and boards of directors (ad-hoc).
Responsible for managing the external audit
arrangements, requirements and to ensure timely
closing of all the audit requirements and issuance of the
FS on or before the deadline.
Development, implementation and operation of systems
and procedures to ensure
integrity of accounting information and safe custody of
assets, including procedures to eliminate and detect
fraud or theft of company assets.
Leading and liaising with the IT function for
computerization needs and processes optimization.
Responsible to align the management strategies and
convert them into plans in terms of OpEx, CapEx and
Cash Flow budgets in condensed formats for the next 5-
years and a detailed plan for the next year.
Devising succession planning process with partnership
with the HR function to ensure that the right job
descriptions for each position is already determined and
the Finance employees are prepared to excel and
advance for the next level with the right process for
delegation.
Regularly develop and update the existing Policies and
Procedures.
Performing credit customers' evaluation (KPIs) to
evaluate the credit worthiness given to the customers
/distributors, and recommend for upgrading or
downgrading the credit limits based on the customer's
history and results of the customer's financial
statements analysis.
Proposed and shared a new mass allocation module for
cross-allocations.
Executed and evaluated the approved scheme for the
newly implemented mass-allocation policy.
Review the Trial Balance and the GL accounts every
month-end before and after closing each accounting
period.
Managing the payroll activities and ensure compliance
with the company’s policies and procedures as well as
compliance with the regulations.
Managing the whole P-t-P (Procure-to-Pay) cycle from
financial perspective and ensure proper internal controls
are implemented.
Manage cash flows for optimization via thorough review
on collections and disbursements.
Manage the MIS system and all the reporting and
analysis functionalities to support the management in
taking the right decisions on timely manner.
Support the marketing function in terms of Products
Costing and Pricing policies and procedures.
Review provisioning and accruals posting to assess on
the accuracy of the estimates applied in line with the
ageing reports for Receivables and Inventory.
Performing spot audits on the production plants to
observe the WIP and the waste.
Review and post journal entries prepared by
accountants.
Prepare, examine, or analyze accounting records,
financial statements, or other financial reports to assess
accuracy, completeness, and conformance to reporting
and procedural standards.
Develop, implement, modify, and document
recordkeeping and accounting systems, making use of
current computer technology.
Analyze business operations, trends, costs, revenues,
financial commitments, and obligations, to project future
revenues and expenses and to provide advice.
Prepare Journals, Cash Payment Vouchers, Bank
Reconciliations, and all day-to-day entries asked by the
Close monitoring for Financial Planning and Business
Analysis.
Got engaged with BCG (Boston Consulting Group) in
business revaluation assignment.
Engaged in BI implementation project in order to apply
full transformation in the reporting and analysis
mechanism.
Ensured having efficiency by reengineering the Chart of
Accounts for an ease of use and assessed the running
interfaces for optimization and ease of use.
Performed Fit-Gap analysis for IFRS conversion
requirements.
Lead the VAT implementation in liaison with
شهادات لغوية من الجامعة الأمريكية شهادات كمبيوتر وميكروسوفت من معاهد متخصصة