رامي الرزق

1. Prepare Monthly, Quarterly, and Annually Financial Statements.
2. Fulfill External auditor's requirements, and prepare all notes to financial statements.
3. Prepare Cash flow projections and Develop regular financial reports, analysis forecasting, and trending budget performance and institutional financial positioning for CEO, and Senior Leadership team.
4. Preparation of the Annual Budget and ensuring compliance with the current budget and spending policies, and propose improved policies and systems regarding spending guidelines, cost savings, cost allocation, and annual planning.
5. Analysis the of variances between Actual and Budget figures and Lead development of institutional planning and budgeting process (both revenue and cost).
6. Prepare monthly sales analysis (per brand per product) to break down the gross margin.
7. Managing daily operations for the finance team comprised of 8 subordinates, reviewing journal entries, and following up on all closing tasks and day-to-day issues.
8. Obtaining Financial Facilities from Banks and Financing institutions, in form of Loans and L/C’s.
9. Managing payables and financial obligations (Vendor payments and all other payments).
10. Follow up and manage cash collection according to A/R Aging.
11. Costing for the inventory including Customs, Insurance, and purchase invoice.
12. Preparation of Monthly VAT (Value Added Tax) return.
13. Implement company’s policies and ensure accuracy of recording: Payroll, Commissions, Purchase rebates from suppliers, Sales rebates for clients, and promotional discounts.

1. Financial reporting for three branches (Jeddah (HO), Riyadh, and Khobar).
2. Preparation of Annual Budget and compare Actual results with the budget.
3. Analysis of any differences between Actual and Budget figures.
4. Managing daily operations for the finance team comprises of 13 subordinates.
5. Managing bank loans and Letters of credit for international shipments.
6. Managing payables and firm financial obligations (Vendor payments and other payments).
7. Costing for the inventory including Customs, Insurance, and purchase invoice.
8. Preparation of Monthly VAT (Value Added Tax) return.
9. Implement the company’s policies (Payroll, Commissions, Sales rebate, and promotional discounts).

1- OPEX Budgeting for 6 Business Units. (Income Statements, Balance Sheets and Cash Flows)
2- CAPEX Budgeting 6 Business Units.
3- Consolidation Report for 6 Business Units (Wholesales: Vehicles, Parts Wholesales, Parts Broker, Fleet Key, Fleet base and HO).
4- Monthly Flash and Actual (P/L).
5- Story Chart of Monthly results.
6- Financial Reports (Stock movement, GP Analysis, Capex movement, Opex variances justifications and analysis… etc).
7- A/R Aging Report.
8- Fully in charge of Monthly GL closing for Wholesales Vehicles operations Department.
9- Handling Incentives and Cash Back preparation and payment to Wholesalers.
10- Analysis of outstanding amounts in Balance sheet items (preparation of accounts analysis File).

1- Budgeting (Quarterly basis, roll forward preparation)
2- Financial Statement preparation.
3- In charge of SOX compliance and testing reports, due to WPP (a U.S. Corp). Requirement for internal control and SEC requirement for accounting policies and procedures.
4- ERP Expert
5- Cash Control and planning.
6- Payroll accounting.
7- Aging report submission to HQ on a monthly basis.
8- Cash flow report submission to HQ on weekly basis.
9- The responsibility to have a proper and a timeliness accounting closing.
10- Banks Reconciliation.

1-1- Prepare the Financial Statements
2- Cost and Revenues Analysis
3- Cash Control and planning.
4- Manage the Finance team.
5- Analyze the accounts; determine the variances between the actual and budgeted values.
6- Accomplish the fieldwork with Deloitte, Provide the audit requirements and follow up until issuing the auditor report.
7- Payroll accounting
8- Banks Reconciliation.
9- The responsibility to have a proper and a timeliness accounting closing.
10- Settlements of all accounts and prepare the closing Journal Entries.
11- Monitoring A/R, A/P and credit limits.
12- Review the aging schedule on monthly basis and bad debt provision report.

1- Cycle closing entries & Inter branch & Maestro entries
2- Close the incoming visa file & Ecommerce card entries
3- Prepare the autopay statement and its entries
4- Prepare the incoming files for MasterCard
5- BONY(bank of New York) entries
6- Issue the dollar cheque for the acquirer
7- Make the entries for the affiliate banks every month and the fees for every quarter
8- Issue the cheques for the acquirer daily
9- Make a transfers for other banks