Group Finance Director
JANIYA Holding
Total years of experience :25 years, 4 Months
(Food industry, Metal Industry, Automotive, Logistics, FMCG, HORECA, technologies )
Engaging in Strategic Planning and Decision Making
- Retain constant awareness of the company’s financial position and act to prevent problems.
- Develop means to improve profit, including estimating cost and benefit, exploring new business opportunities, etc.
- Analyze information, forecast sales against expenses and create annual budget plans.
- Compile information, analyze and monitor actual sales against projected sales.
- Analyze differences between actual budget wages and forecasted wages for more efficient budget planning.
- Think creatively and practically to develop, execute and implement new business plans.
- Create the annual operating budget for company.
- Provide analytical support during budget reviews to identify cost saving and productivity opportunities
- Implement a system of appropriate controls to manage business risks.
- Ensure a strong accounting & operational control environment to safeguard assets, improve operations & profitability.
- Analyze financial data and market trends.
- Lead the development and implementation of a comprehensive annual business plan, which is aligned with the company's strategic direction.
- Provide ongoing analytical support by monitoring the company's projects actual and projected sales.
- Produce forecasts that enable operations to react to changes in the business.
Anticipating and Delivering on the Needs of Key Stakeholders
- Attend meetings and communicating with upper executives, understanding the priorities and strategic focus.
- Understand and meet the needs of key stakeholders (CEO, Shareholders, Board of Directors, Advisory Board, etc.).
- Advise the CEO and executive committee on existing and evolving operating/financial issues.
- Communicate financial concepts in a clear and persuasive manner that is easy to understand and drives desired behaviors.
- Develop the corporate fundraising strategy and manage relationships with partners and investors.
Developing and Maintaining Finance and Accounting Goals
- Lead Finance and Accounting team.
- Utilize interpersonal and communication skills to lead, influence, and encourage others; advocate sound financial/business decision making; demonstrate honesty/integrity; lead by example.
- Communicate strategic goals & the CEO's priorities to subordinates in a clear and precise manner.
- Leverage strong functional leadership and communication skills to influence the executive team, the company's strategies and to lead own team.
- Ensure Profits and Losses are documented accurately.
- Monitor all VAT that apply, ensuring that VAT are current, collected and/or accrued.
- Submit reports in a timely manner, ensuring delivery deadlines.
- Develop and support achievement of performance goals, budget goals, team goals, etc.
- Improve profit growth in operating departments.
- Oversee internal, external and regulatory audit processes.
- Ensure adherence to financial laws and guidelines
Managing Projects and Policies
- Generate and provides accurate and timely results in the form of reports, presentations, etc.
- Ensure compliance with management contract and reporting requirements.
- Ensure compliance with standard and local operating procedures (SOPs and LSOPs).
- Ensure compliance with Standard Operating Procedures (SOPs).
Responsible for Budget preparations & financial planning for the whole business.
Creating SOP's for all different point of sales in the resort & also Cost centers.
I have implemented Material control system (MC) & created a professional data base in
warehouses systems control.
I have implemented the financial system (SUN Systems) along with creating the necessary
SOP's & monthly financial closing manuals.
Supervising monthly Closing for the whole business activities.
Providing Financial Consultation for the board of directors.
Preparing Business plan for new renovations & projects.
Develop methodology to process company’ s consolidated financial results.
Monitor and manage expenditures within allotted budget.
Develop and maintain standard financial and administrative procedures.
Develop overall goals for the finance and administration departments.
Identify and resolve financial and administrative issues.
Allocation responsibilities in finance dept.
Preparing budget & forecast for the whole year
Coordinating Accounting flow between H.O and regions (DUBAI - RIYADH)
Develop business plan, timeline and budget to perform financial projects.
Develop methodology to process company’s consolidated financial results.
Formulate quantifiable measurements to track actual performance against plan.
Allocate company resources optimally.
Develop and maintain standard financial and administrative procedures.
implementing standard accounting policies.
Supervise preparation of all monthly and annual finance reports in a timely fashion.
Building the whole financial structure for the business activities along with HR system.
Perform financial analysis, reporting and management activities.
Ensure that the financial reports are prepared and delivered on time.
Review financial data for accuracy, correctness and completeness.
Establish key financial strategies to enhance business profitability.
Develop standard accounting procedures to improve financial operations efficiency.
Participate in performance evaluation of finance staff and conduct counseling sessions to identify skill development needs.
Generate financial reports related to budgets,
Reporting to Head office in Texas - USA with monthly financial reports
Develop and maintain professional relationship with regional accounts and prospects.
Manage and prepare all underwriting documents and implement all volume plans.
Prepare and negotiate contracts and ensure compliance to regulations formulated by business managers.
Develop field intelligence reports and coordinate in marketing managers and industrial segments.
Develop and execute sales plans for various government agencies and corporate houses.
Ensure compliance to all accounting regulations
Preparing Financial monthly closing For the whole business activates..
Parts Stock inventory supervising .
Provide full training for the end user to use the financial application.
Perform financial analysis and reporting to management as needed.
Perform month-end accounting activities such as reconciliations and journal entries.
Coordinate with finance team to complete assigned accounting tasks within deadlines.
Evaluate computerized accounting systems and provide recommendations to IT team for performance improvements.
Analyze financial discrepancies and recommend effective resolutions.
Assist in auditing activities by providing necessary information and preparing requested documentations.
Perform research, reconcile all bank accounts and resolves all issues in processes.
Prepare reports of payrolls on monthly and fortnightly basis.
still under progress finished almost 60%
accounting