Finance Manager
United Catering Co. WLL
Total years of experience :11 years, 4 Months
Reporting to the CFO, KSA region working with the finance team and business operations, as an active member of the senior finance leadership team and partners with country / area operational leaders to deliver results, including revenue growth, profit, cash, and DSO targets.
Responsibilities
• Lead a team of professional accountants and oversee the area / units financial performance.
• Manage P&L and Balance Sheets for all projects and prepare financial information in conformance with local & company s GAAP, work closely with the KSA Finance Controller.
• Implement internal controls and ensure financial compliance of the Middle East Business.
• Ensure that company policy and risk management procedures are understood and implemented.
• Produce financial results based on all projects in the area, working to strict deadlines, closely monitoring operational performance milestones and metrics, while insuring the accuracy of financial reporting and the integrity of the financial reporting environment.
• Serve as a business advisor to drive business performance and process improvement with a view of improving margins, cash flow, and enhancing statutory and fiduciary compliance.
• Coordinate with the project accounting team to ensure timely and accurate preparation and validate the accuracy of revenue recognition at month end;review significant project results and variances with the project accounting team, project managers and operational leadership teams.
• Actively participate in major project reviews; provide guidance on teaming arrangement and JVs.
• Manage working capital and related reporting, ensure implementation of working capital processes developed at the KSA level in order to meet DSO and cash flow objectives, work with operations on driving favorable commercial terms on contracts; train staff in the business of effective working capital practices and instill a cash culture.
• Identify financial risks and opportunities in the area / countries and develop plans to mitigate and manage them.
• Provide oversight on major proposals from a pricing, cash flow, and risk perspective.
• Lead the monthly forecasting, annual budgeting and strategic planning processes.
• Engage in planning of capital expenditures and seek cost effective solutions, implement a return on investment mentality in the business.
• Serve as the finance contact on all potential countries investments and/or acquisitions.
• Coordinate with other functional departments (Legal, Tax, HR, etc.) on issues related to business activities.
• Create a motivational work environment for team members and foster responsibility and accountability, and acknowledge strong performance and achievements.
• Engage in special projects and other duties as assigned.
Du Advant Advertising LLC provides high-end event management &
advertising solutions, promoting international best practices and innovative design and planning techniques. DuAdVent also offers a wide range of in-house services & products, catered for the events & advertising sector.
Job Responsibilities: Responsible for the budget planning and supports the executive management team by offering insights and financial advice that will allow them to make the best business decisions for the company. I have ownership of the following task:
Collating, preparing and interpreting MIS reports, commentaries of financial statements. Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions.
Prepare short and long-term financial forecasts of financial performance for use with internal management and external parties
Oversee the cash management function, including banking relationship.
Manage and support monthly and yearly closing process, including reconciliations and analysis of related accounts.
Develop trends and projections for the firm’s finances.
Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
Conduct reviews and evaluations for cost-reduction opportunities.
Manage budgeting process & make sure expenses are in line with budget caps. Any expense beyond CAPEX forward to CFO for approval.
Weekly time sheets, along with the accounting to manage manpower cost.
Accounts receivable management by ensuring receipt on time; review and analysis of monthly aging report.
Authentication of payments (Pre-audit of all payments), expenses analysis on weekly, monthly basis.
Coordinate the company's auditor for auditing & other assurance activities for auditing & annual financial reports.
Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
Job responsibilities
MIS Reporting, reconciliations, booking of accruals, Final annual accounts as per IFRS, Import and export handling, LCs & morahaba transaction installments management, Accounts Receivable & payable aging analysis in line with CF, Monthly Reconciliation Statements, Tangible & Intangible asset management including Fixed assets register maintenance, addition / deletion/ replacement/adjustment of assets, preparing depreciation schedule. Liaison with Auditor in conducting audit and expressing his opinion on financials as per ISA, To monitor and control of all expenses & payment & WPS System management.
Job responsibilities
Preparation and analysis of Financial statements, MIS Reporting, Tax deduction, Reconciliations, Aging Analysis, payroll management, Handling social security & Eobi, Co-ordination & co-operation with internal Auditor, Purchase, Sale, Export, Admin and all other related Departments.
Job Responsibilities
Assist in Planning and execution of audit (as per the requirements of IFRS & ISA as applicable in Pakistan) & developing the audit strategy including designing and application of audit procedures for various clients, assessment of business and audit risks, assist teams in planning, execution and finalization stages of audit, co-ordination with professionals of various professions like legal, tax and IT experts, reporting of significant issues to the management and decision making for resolution of critical re-portable matters.
Cost & Management Accounting Professional-CMA,M.com- with sound knowledge and research of Management Reporting, Accountancy and Finance.
