Finance Manager
INFINITI-Al Ghassan Motors
Total des années d'expérience :19 years, 8 Mois
leading the way for luxury car sales and aftersales in the Kingdom of Saudi Arabia & Bahrain.
Worked as Finance Manager, managed the accounting team, month end close, monthly consolidated reporting, internal controls and process improvements. Role included to accomplish financial tasks for showroom & aftersales operations in KSA.
• Managed a team of 6 accounting specialists responsible for payroll, accounts receivables & payables, billing, collections, payments and overall Infiniti showrooms & aftersales financial operations.
• Ensure accurate and efficient accounting while managing all financial aspects of daily operations.
• Create and implement systems to significantly increased productivity, accuracy and the efficiency of accounting practices.
• Analyze and interpret complex data and provide detailed financial reporting for the executive team.
• Lead coordination to ensure completion of the month-end tasks, established Reconciliations Matrix which covers the ownership, timelines, documentation, reporting and maintaining accounting ledgers.
• Generate financial reports, prepare income statement & analyze budget variances and respond to financial enquiries for the executive team timely.
• Ensure accuracy of all transactions posted related to sales, purchases, operational expenses, cash accounts and all internal costs are charged accurately in compliance with the company policy.
• Verify FA, prepayments, accruals schedules for recurring and validate Infiniti payroll for processing.
• Review & approve vehicle sales deals, validate sale prices & ensure all costs to invoicing are accurate.
• liaison with Accounts Receivables, manage rental agreements, monitor their revenue and collections.
• Report daily sales forecast, Infiniti collections & projected collections, validate Infiniti sales commissions.
• Ensure costing of new vehicles & parts are precisely updated, skilled in Vehicles stock books.
• Vehicle’s Inventory management, conduct a monthly exercise to validate the existence of all vehicles contained within inventory; new car, used car, demo and company vehicles and spare parts count.
• Prepare documentation for annual external audits.
Dealing in diverse range of medical products and services that set the reference standard for patient care expertise and medical technology in the Middle East.
Worked as a Senior accountant actively Chief accountant for 4 years, supported the finance manager with all functional reporting, monthly close and transactional accounting process.
Part of SAP core team in SAP implementation process. Key responsibilities included
• Oversaw all cash disbursements, review all JV’s, bank reconciliations, general ledger postings, ensures all transactions conformity in compliance with company policy.
• Coordinating with the team for timely month-end closing process, reconciliation of general ledger accounts, analyzing GL and variations in financial accounts & review balance sheet accounts.
• Fixed assets management, processing recurring entries of prepayments, accruals and FA.
• Inventory management- analyzed large volume of complex financial information, prepared monthly inventory aging & analysis repots, accuracy and timeliness of inventory controls, oversee Costing of material received for stocking, lead stock counts of medical equipment’s & spare parts.
• Closely worked with the supply chain, review & verification of purchase orders (for customers & stock purpose) analyzing with the stock availability, Verification of prices & ordered quantity.
• analyzing service contracts & monitor stock transfer to biomedical engineers for service contracts.
Luna is a famous & leading food stuff brand in Saudi Arabia. Worked as a Regional Accountant for 4 years of the central region (Riyadh/Qasim/Hail/Wadi Dawaser). Reporting to Finance manager, supported the wider sales and accounts team with accounts receivables, accounts reconciliations, customer’s management, comparison reports and assisted in branch operating budgets and cost reductions.
Participated in SAP Implementation, skilled in SAP ERP, Internal controls, accounts receivables,
• Maintained Account Receivables (Key account, whole sale, mini market, van sales) of the region, prepared weekly receivables status report of the region and follow up with regional sales managers/supervisors for outstanding collections.
• Managed customer’s accounts and credit limits as per the contracts, credit analysis reporting & credit Control management of the central region.
• Warehouses management, exercising monthly stock counts of Riyadh & Qasim’s warehouses, Van sales stocks and timely highlighting & reporting of near expire and damaged products in the warehouses.
• Controlling expenses & cash disbursements of the central region.
Worked as an Accountant in JAMED-Low Voltage Panel Board Factory (manufacturing division).
Maintained receivable accounts, monitoring, reporting & follow up of receivable accounts, maintained local & foreign payable accounts (costing of material received from foreign suppliers) and Inventory management. Project costing (cost allocation & control of material issued to different projects). Expenses & cash management, Internal Controls, payroll processing of the JAMED-LVPB factory.
Accounting, Audit & Finance External Financial Reporting Decisions |Planning, Budgeting and Forecasting |Performance Management| Cost Management Internal Controls