Ra'eda Shwaiter JCPA,   CMA, Financial and Planning Manager

Ra'eda Shwaiter JCPA, CMA

Financial and Planning Manager

Vision International for trading and Contracting

Location
Kuwait - Hawali
Education
Higher diploma, CMA
Experience
14 years, 2 Months

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Work Experience

Total years of experience :14 years, 2 Months

Financial and Planning Manager at Vision International for trading and Contracting
  • Kuwait - Al Kuwait
  • My current job since April 2019

 Responsible for Business project forecasting and budgeting.
 Cash Management and Controlling.
 Work with Auditors for requirements and standards.
 Bank relations and arrange debit facilities.
 Supervised the daily financial records prior posting transactions into the ERP financial modules.
 Prepared the monthly, quarter and annual financial statements, in addition to the relevant trend and comparison analysis reports
 Prepared annual budgets, and the related budget trend and comparison analysis reports.
 Prepare standardized policies and procedures.
 Issuing Cost Centers Report as per project costing.
 Inventory valuations.
 Supervise Payroll and employees Files.
 Chart of accounts editing and supporting.
 Supervise Collection process and AR relations

Finance Director at PaperWorks industries Co.
  • Jordan
  • August 2017 to February 2019

Prepared the monthly, quarter and annual financial statements, in addition to the
relevant trend and comparison analysis reports
▪ Prepared and reviewed the detailed annual budgets, and the related budget
trend and comparison analysis reports.
▪ Prepare drafted and standardized policies and procedures.
▪ Managed the monthly closing of financial books and all posts to GL, including
the reconciliations process and the analysis of related accounts.
▪ Supervised and audited the daily financial records prior posting transactions
into the ERP financial modules.
▪ Cash Management by Monitoring and interpreting cash flows and predicting
future trends.
▪ Conducting reviews and evaluations for cost-reduction opportunities.
▪ Developing external relationships with auditors, solicitors and bankers.
▪ Producing accurate financial reports to specific deadlines.
▪ Managing & Monitoring Budget.
▪ Arranging new sources of finance for a company's debt facilities

Finance Manager at Arabian Defence Industries
  • Jordan - Amman
  • June 2014 to January 2015

• providing and interpreting financial information;
• monitoring and interpreting cash flows and predicting future trends;
• analysing competitors and market trends;
• developing financial management mechanisms that minimise financial risk;
• conducting reviews and evaluations for cost-reduction opportunities;
• managing a company's financial accounting, monitoring and reporting systems;
• liaising with auditors to ensure annual monitoring is carried out;
• developing external relationships with auditors, solicitors and bankers • producing accurate financial reports to specific deadlines;
• managing budgets;
• arranging new sources of finance for a company's debt facilities;

Group Treasury Section Head at KADDB Investment Group
  • Jordan - Amman
  • April 2013 to January 2015

- Group Budget Controller :
1. Preparing the annual budget, comparing it to actual results, and reporting on variances from the budget.
2. Act as an advisor to department managers in formulating their budget submissions.
3. Review proposed budget submissions from department managers for accuracy and completeness.
4. Responsible for the approval on purchasing System.

- Prepares and delivers: Board level presentations and Audit Committee updates, quarterly forecasting of P&L and cash flows.
- Closely manages Group cash flows: collections, payments, funding processes and controls
- Enforces policies and procedures related to corporate treasury processes
- Ensure sufficient funds are available to meet ongoing operational and capital investment requirements
- Advise management of the liquidity aspects of its short and long range planning
- Forecast cash flow positions and available funds for investment
- Establish and maintain banking relationships ensuring best execution of transactions
- Prepared and reviewed the detailed annual budgets, and the related budget trend and comparison analysis reports.
- Prepared detailed financial analysis reports and financial statements.
- Liaised with external auditors, tax consultant, bankers and regulatory authorities.

Financial Reporting Executive at KADDB Investment Group
  • Jordan - Amman
  • April 2010 to April 2013

- Group Cash Management and Treaury functions.
- Consolidated and reported the group business unites financial results in compliance with the IFRS standards.
- Prepared the monthly, quarter and annual financial statements, in addition to the relevant trend and comparison analysis reports
- Prepared and reviewed the detailed annual budgets, and the related budget trend and comparison analysis reports.
- Prepare drafted and standardized policies and procedures.
- Managed the monthly closing of financial books and all posts to GL, including the reconciliations process and the analysis of related accounts.
- Supervised and audited the daily financial records prior posting transactions into the ERP financial modules.
- Preparing and submitting Sales tax monthly report.
- Preparing and submitting income tax, tax computations and any other necessary forms. Dealing with tax authorities.
- Managed the approval process of all external and internal payments and installments for both internal and external transfers.
- Managed the payroll process including social security, income tax and provident fund.
- Reviewed expenses assignment to cost centers and its compliance with the approved budgets.
- Audited and reviewed trial balance and supervised AP and AR accountants in monthly adjustments.
-Daily and weekly dated reports of banks balances; Book versus Bank.
- Managed physical inventory adjustments.
- Liaised with external and internal auditors for efficient auditing practices.
- Liaised with tax consultant, bankers, regulatory authorities, the social security, income tax and provident fund to insure compliance and alignment with regulations.
- Managed the chart of account and all new accounts entries to it.

Main Accountant at Ashy Medical Company
  • Jordan - Amman
  • September 2008 to September 2009

- Prepared financial statements; Balance sheet, Cash flow and income statements.
- Reconciled all Daily Sales transactions, cash receipts and deposits.
- Reconciled post financial transactions.
- Reconciled accounts to ensure the accuracy of financial data.
- Maintained and Reconciled Banks accounts.
- Responsible for Receipts and Payments.
- Coordinated with Customer Relations regarding payments received and its relevant vouchers and documentation.
- Managed Payroll Preparation.

Accountant at Mediterranean Industries Group
  • Jordan - Amman
  • February 2007 to September 2008

- Responsible for all accounting activities related to preparation and maintenance of financial records, in addition to production of reports required.
- Prepared bank reconciliations, debtors and creditors versus stocks and inventory accounts reconciliations and journal entries.
- Managed preparation of debtors & creditors list along with the collection & payment plan.
- Controlled Preparation of all month & year end JVs.
- Liaised with external auditors, tax consultant, bankers and regulatory authorities
- Managed the Reconciling of post financial transactions.
- Insured accuracy of financial data with reconciled accounts.
- Managed Payroll preparation.
- Responsible for all receipts and payments, and petty cash
- Coordinate with Customer Relations for payments received with the correct documentation required.

Education

Higher diploma, CMA
  • at ICMA
  • January 2016

pass

Bachelor's degree, Administration of Business
  • at University of Jordan
  • January 2007

Administration of business

High school or equivalent, high school
  • at Rahma School
  • July 2003

high school

Specialties & Skills

Financial Reporting
Financial Management
Internal Controls
Budgeting
Excellent communication skills.
Strong interpersonal relations and communication skills
Ms Office Advanced User, ERP Financial Modules super user.
ERP super user SAP
Good back ground in IFRS.

Languages

English
Expert
Arabic
Expert

Memberships

IMA
  • Proffissional Membership
  • January 2014

Training and Certifications

Internal Auditing - Lloyd’s (Certificate)
Date Attended:
February 2014
Certified Management Accountant CMA - Certificate # 49562 (Certificate)
Date Attended:
January 2016
Valid Until:
January 9999
Jordanian Certified Public Accountant (JCPA) (Certificate)
Date Attended:
January 2010
Valid Until:
January 2011
Preparation & Presentation of Financial Statements According to (IFRS) (Certificate)
Date Attended:
November 2011
Valid Until:
November 2011