Finance Manager
Air Arabia Jordan
Total years of experience :23 years, 8 Months
as following roles and responsibilities:
* Providing and interpreting financial information;
* Monitoring and interpreting cash flows and predicting future trends;
* Finalizing change and advising accordingly;
* Formulating strategic and long-term business plans;
(2)
* Researching and reporting on factors influencing business performance;
* Analyzing competitors and market trends;
* Developing financial management mechanisms that minimize financial risk;
* Conducting reviews and evaluations for cost-reduction opportunities;
* Managing a company's financial accounting, monitoring and reporting systems;
* Liaising with auditors to ensure annual monitoring is carried out;
* Developing external relationships with appropriate contacts, e.g. auditors, solicitors,
bankers and statutory organizations such as the Income Tax Department;
* Producing accurate financial reports to specific deadlines; to CEO, Board of directors and
other Stakeholders.
* Managing budgets; and developing monthly, semiannual and annual Forecasts.
* Arranging new sources of finance for a company's debt facilities;
* Supervising and Managing staff;
* Keeping abreast of changes in financial regulations and legislation.
* Comply and adhere to corporate governance.
Preparing the appropriate templates to prepare the budget by all concerned departments.
* Comply with the approved policy of budgeting regarding the deadlines and the
management of the budgeting process.
* Receiving the budget estimates from all the departments of the organization and critically
examines them for correctness, accuracy and completeness; and conformance with
established procedures, regulations, and organizational objectives
* Studying the previous budget and also taking into consideration the benefits and losses
occurred during the previous financial years, due to budget planning.
* Suggesting suitable amendments in the budget to the higher authorities and managerial staff
of the concerned department.
* Consolidating the data for budget presentation and also providing an overview of the
financial status of all the operations.
* Rendering financial advice to the management officials of different operations, to
undertake proper financial planning and decision making.
* Analyzing actual results to budgets and forecasts.
(3)
* Submitting budget reports to the higher management of the company for further scrutiny
and approval in accordance with the approved policy.
* Monitoring the budget throughout the year.
* Preparing detailed reports pertaining to discrepancies and amendments that occurred in the
budget, during the entire financial year also forms an important part of budget analyst job
description. This is however done in coordination with the concerned managers of the
department or the company.
* Assisting in projecting future financial needs, taking into considerations the various
projects undertaken by the organizations and also help the higher officials in management
of financial resources.
* Perform cost benefit analysis, studying financial requests and also researching on
alternative and reasonable funding methods for the organization.
* Preparing business plan for five years and making the necessary update of the plan
according to any material changes in the business or the regulations which may affect
forecasts.
* Budgets and Analysis Manager responsible for financial analysis in areas like Sales,
Margin, Inventory, Store space, etc. on periodical basis and prepare the analytical reports
for Management action.
* Comply and adhere to corporate governance.
* Supervising and Managing staff.
Develop and maintain accurate supply and demand forecasts
* Complete forecast variance analysis and reporting and provide recommendations to support
the operational teams in making optimum use of available resource in order to achieve
Service Level targets.
* Whilst the role will focus primarily on developing long and medium term capacity plans
across front and back office teams support with short term forecasting and produce reports
as required. This is a new role within the successful applicant will be required to bring their
own expertise and experience to build the role profile within the company.
* Supervising staff.
(4)
Plan, organize and direct all the activities of the cost accounting function
* Perform Activity Base Costing ABC and evaluate outcomes
* Manage day to day operations of the existing cost accounting function from management
of current rates to monthly close and analysis
* Support the Project Cost Team in the development of a standard costing system
* Manage the transition from the existing cost environment to a new standard cost system
* Identify, hire and develop in-plant cost accountants
* Development and maintenance of standard costs
* Perform the monthly closing activities including preparation of the cost to operate
statement along with supporting analysis
* Proactive analysis of variances and communication of issues and opportunities to
operations management
* Develop metrics and tracking system for major cost drivers
(5)
* Define policies and procedures for all cost accounting activities
* Supervising staff.
May 1994 - Apr 2004 Accountant in Cost & Budget section
* Plan, organize and direct all the activities of the cost accounting function
* Perform Activity Base Costing ABC and evaluate outcomes
* Manage day to day operations of the existing cost accounting function from management
of current rates to monthly close and analysis
* Support the Project Cost Team in the development of a standard costing system
* prepare the transition from the existing cost environment to a new standard cost system
* Perform the monthly closing activities including preparation of the cost to operate
statement along with supporting analysis
* Perform horizontal and vertical analysis
Manage the Finance Team in Accounting, Purchasing and Stores.
* Providing and interpreting financial information;
* Monitoring and interpreting cash flows and predicting future trends;
* Finalizing change and advising accordingly;
* Formulating strategic and long-term business plans;
* Researching and reporting on factors influencing business performance;
* Analyzing competitors and market trends;
* Developing financial management mechanisms that minimize financial risk;
* Conducting reviews and evaluations for cost-reduction opportunities;
* Managing a company's financial accounting, monitoring and reporting systems;
* Liaising with auditors to ensure annual monitoring is carried out;
* Developing external relationships with appropriate contacts, e.g. auditors, solicitors,
bankers and statutory organizations such as the Income Tax Department;
* Managing budgets; and developing monthly, semiannual and annual Forecasts.
* Supervising and Managing staff;
* Set up and keeping abreast of changes in financial regulations and legislation.
* Comply and adhere to corporate governance.
1) C.V. Name : Sameer Ahmad Hussein Al Smadi Date of Birth: 17 April 1971, Jordan.