Financial Manager
confedential
مجموع سنوات الخبرة :36 years, 11 أشهر
1-Key Responsibilities:
Analyzing financial forecast and trends which include conducting variance analysis to compare the actual results to budget thus initiating corrective actions.
Preparing and reviewing financial statements including devising income statements, bank reconciliation, balance sheets and cash flow projections on annual/biannual and monthly basis in line company policies and procedures.
Organizing management reports on a monthly basis taking into consideration various financial facts viz. profit & loss account, balance sheet, periodical control to provide accurate information regarding the growth rate of the company to the management.
Facilitating internal and external audit of company’s accounts and providing required information to the auditors to assure timely completion in compliance with established audit processes.
Handling an array of tasks associated with fund management. Liaising with and negotiating with financial institutions/ banks to source finance for the company.
Performing due diligence and risk assessment to analyze treasury performance and recommended appropriate strategies to the upper management.
Analyzing the financial accounting activities such as: invoicing; refunds; collection of accounts receivable; management and payment of vendors and contractors, etc.
Organized, assigned, reviewed, and evaluated all accounting procedures and policies to ensure transactions are effective and accounting is accurate and complete.
Regulated capital/ revenue expenses, fixed/ leased assets accounts, transferred assets from WIP to fixed assets, calculated depreciation and maintained fixed assets register, updated the same with additions during the year.
Reviewed revenue, expenses and other accounting documents and resolved accounting discrepancies.
Prepared income statements, balance sheets, budgets, cash flow projections, final accounts for audit purposes
Job Role: Executed assignments in the following areas
Assist the engagement partner in the development of the expected scope and conduct of the audit
Review and approve the planned activities prior to the start significant fieldwork
Schedule other professional staff and maintain liaison with entity on the timing of the engagement
Monitor the progress of the engagement against timetable and budget and keep the engagement partner informed of significant variances
Resolve issues with the engagement team member as they arise and discuss them with the engagement partner, as appropriate
Supervise and direct the other professional staff on the engagement
Prepare and or supervise the preparation of reports to management, and/or review engagement working papers
Plan, execute and manage external audit engagements for large, medium and small clients
Manage and review the work of staff level accountants on respective engagements
Interact closely with the client management and solve their issues on timely manner
Prepare staff planning and taking into consideration the deadlines and high profile key clients
Monitor the budget and progress of assigned audit engagements
Review business proposals
Meet with prospective clients
Key Responsibilities:
Superintended overall finance operations including preparation of year end schedules, drafted forecast reports, cash flow reports, annual/ biannual and monthly financial statements and analytical accounts.
Handled an array of activities pertaining to store accounting including material reconciliation, analyzing cost variance, product costing and price per unit.
Monitored the compliance of sales tax regulations, filed returns as well as notified to senior management concerning any trends that are critical to the organization's financial performance.
Maintained accurate record of company’s fixed assets by calculating and deducting depreciation and updated the same with additions during the year.
Constantly interacting with internal and external auditors, providing necessary reports and documents in order to ascertain the completion of the audit process within the given time-frame.
Led a team of 6 members, trained and motivated them to enhance their productivity and quality of work.
Job Role: Executed assignments in the following areas
Develop and maintain the engagement budget and work plan
Identify appropriate team members and assign tasks accordingly after discussion with the engagement leader
Ensure that all participants on the team have a good understanding of the project and their individual tasks
Manage and control the project on a regular basis with respect to progress versus plan, Budget, Quality of work, Deadlines and Deliverables
Identify and resolve important issues in a timely manner
Keep the engagement leader informed of the project’s progress through periodic reviews
Involve the engagement leader in a timely fashion in the resolution of identified issues, when necessary.
Keep the client informed of progress or scheduled changes.
Communicate timetable changes to the client after discussion with engagement leader.
Maintain the engagement file and review engagement working papers of other team members.
Analysis and forecast variances from plan in sufficient time and depth to permit budget renegotiations with the client, after review with the Engagement Leader.
Take personal responsibility for ensuring that appropriate reviews and approvals are completed of all interim and final reports transmitted to the client.
Provide guidance and constructive criticism to team members in timely fashion.
Ensure the proper handling of all working papers and return of client documentation upon job completion, if required.
Monitor and control subcontractor performance and report on subcontractor performance to the engagement leader.
Carry out / participate in engagement reviews of team members.
Earned extensive experience through managing and executing assignments for Banking, Insurance, Petroleum, Manufacturing, Constructions, Trading, Shipping, and investment companies.
Job Role: Executed assignments in the following areas
Plan, execute and manage external audit engagements for large, medium and small clients.
Manage and review the work of staff level accountants on respective engagements.
Interact closely with the client management.
Prepare staff allocation.
Review the work of staff level accountants on respective engagements.
Meet regularly with partner and discuss the client and staff related issues.
Plan staffing needs for engagements.
Understand, utilize and train staff accountants on Magdy Hashish audit methodology.
Gained extensive experience through managing and executing assignments in manufacturing, Constructions, Trading and Investment companies.
general grade Good - English 4 years