Group Finance manager
Invygo Saudi for communication and Information technology
Total years of experience :15 years, 3 Months
• Develop a strong understanding of all key performance and issues related to budgeting, forecast and actual results and incorporate them into a monthly quantitative and qualitative analysis of commercial operations financial results, including variances to plan, ensuring key issues, risks.
• Support the management team in the annual strategic planning and budgeting processes. This includes establishing assumptions, spreadsheet modeling, consolidation, and analysis and presentation preparation to key stakeholders in the business.
• Review of operations and recommendation of new productivity or cost-saving initiatives and changes required to achieve targets.
• Responsible for setting individual objectives, managing performance, developing, and motivating employees to maximize individual and functional performance.
• Establishing a finance department, building department’s structure, and related job descriptions, and leading the people (HR) process.
• Responsible for the preparation of the monthly forecast and quarterly business review for all functional areas of business and related subsidiaries.
❖ Responsible for accounting role by setting up accounting processes in collaboration with
Global Shared Services
❖ Ensuring timely and efficient communication with Global Shared services and other internal
customers to identify and discuss issues for improvement of operations, work quality and
efficiency for area of responsibility.
❖ Ensure compliance with corporate and country standards, regulations, and guidelines.
❖ Ensure transparency in financial reporting and disclosures.
❖ Define and implements internal controls regarding financial and non-financial operations.
❖ Drive appropriate cost structure, productivity optimization, and capital efficiency.
❖ Manage and closely monitor the cash flow and takes action to improve Net Working Capital.
❖ Executes risk review procedures and processes in line with global policy and standard to
minimize commercial and financial risks and exposure
- Provide management over a portfolio of clients and deliver high quality audit and assurance service, including preparing and reviewing audit plans and work.
- Achieve team and individual budgets and business plan/ performance objectives.
- Maintain the highest technical and professional standard.
- Think strategically about client needs by understanding their business and key risks.
- Addresses situation before they come crises and develops solutions to avoid recurrence,
- Providing additional help and guidance to clients on a consultancy basis.
- Participants in the development of ways to meet client needs, contributes to proposal delivery.
- Identifying ways to maximize the relationship with clients and deliver added value.
- Monitor and control auditing staff.
- Takes a leadership role in professional, business or community organizations.
- Coach, train and develop auditing staff to upgrade their knowledge.
Oversees audit planning, field work, and audit reporting; prepares reports, and communicates findings and recommendations to line and senior management.
Daily supervision of audit staff and responsible for the development of audit staff and the completion of performance evaluations.
Allocate assigned resources to conduct reviews.
Coordinate team activities to assure that review objectives are achieved, and review is conducted in accordance with company standards.
Ensure that all work papers supporting the review are clear and concise.
Perform effective risk and control assessments.
Ensure efficiency of internal controls.
Serve as in-charge on audit, review, compilation, and other assurance engagements from start to finish including: planning, fieldwork, research, supervision and review drafting of financial statements and related reports, and engagement wrap-up.
Maintain client relationships at the appropriate level and present a favorable impression of the firm.
Resolution of accounting/technical issues raised by clients.
Provide timely feedback to partner / manager in relation to ongoing job performance with a view to avoiding surprises.
Lead client audit engagements, which include planning executing, directing, and completing financial.
audits.
Proactively interact with key client’s management to gather information, resolve problems, and make.
Recommendations for business and process improvements.
Perform other job-related duties as necessary.
Acquire a working knowledge of the client’s business.
Make sure all documentation as required for Quality Control and Peer Review are included on all the assignments.
Identify and communicate accounting and auditing matters to managers and partners.
Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports.
Develop and document business processes and accounting policies to maintain and strengthen internal controls.
Manage day to day finance and accounts operations.
Responsible for timely monthly financial statements, payments, cash-flow.
Overseeing General Ledger functions; assure accuracy, timeliness, and conformity with professional accounting standards.
Perform financial analysis and reporting to management as needed.
prepares periodic reports that compare budgeted costs to actual costs.
Coordinate with finance team to complete assigned accounting tasks within deadlines.
Keep information confidential and secure them with database backups.
Verifying, allocating, posting and reconciling accounts payable
Documents financial transactions by entering account information
Support month-end and year-end close process
Prepares payments by verifying documentation, and requesting disbursements
Assist with reviewing of expenses and payroll records
Assist with year end closings
Prepares Monthly selling & general administration expenses report.
Working on "Smacc5" system &Account mate Accounting Programs.
Working in Retail Pro Stock Program.
Bachelor of Accounting