Finance Manager
GuestTek Interactive Entertainment Ltd
مجموع سنوات الخبرة :25 years, 6 أشهر
• Monitoring allocated budget to ensure compliance and highlight possible issues
• Ensures adherence to the operating budget by developing sales plans and budgets for each country and monitors their performance
• Provide inputs on cost reduction measures
• Ensure proper and adequate insurance coverage
• Ensure that financial aspects of the contracts are adhered to and are renewed in a timely manner
• Ensure alignment of procedures in accordance with the Delegation of Authority (DOA)
• Control suppliers’ payment terms and consequences
• Ensure financial statements are complying with internal policies and Internal Audit recommendations
• Analyze financial statements, conduct cost/benefit analysis and identify areas of weakness
• Guarantee that the fixed asset register is properly maintained
• Ensure that payroll is processed accurately and timely
• Ensure the collection of customer debts
• Oversee the preparation of cost performance analysis by project
• Prepare business presentations and reports for stakeholders periodically and ad hoc basis.
• Responsible for business analysis and modelling including: Monthly financial closing (budgetary control, P&L, Balance Sheet and Cash Flow)
• Monthly forecast
• Annual budget
• Store turnover
• Cash flow
• Develop and implement on the job-training for the team
• Review the healthcare contract to ensure the maximum advantage for both organization and employee.
Achievements:
• Ensure & improve a flexible liquidity to finance our investment
• Increase company profitability from losses to profit
• Reducing expenses with 20% under the budget
• Increase the collection of A/R to 95% monthly
• Plan and preparing quarterly financial statements, consolidated balance sheet & income statement.
• Managing the accounting department, including the day to day operations, work instructions to ensure maximum efficiency.
• Monthly cash flow & electronic money transfers.
• Preparing inter-companies reconciliations and bank reconciliations.
• Arrange for the audit of the company’s accounts (internal & external) and provide the required reports and information to the auditors.
Achievements:
Setting-up Al- Ahly Club TV Channel and preparing Monthly Management report for it.
Chief
Ensures company policies and internal control procedures related to payments, procurement and contracts are completely followed.
• Co-ordination with Accounting Application Consultant for developments in the software, control of access rights, etc.
• Preparing Budgets and its monthly follow-up comparing it with actual expenditures.
• Preparing General Ledger entries, transaction entry, supervise and handles all accounting tasks (i.e., Bank Reconciliation, trial balances and balance sheets, Salaries... etc).
• Preparing Cost Analysis to calculate the total cost per unit based on the cost drivers.
• Prepares monthly financial statements and participate in preparation of monthly management reports in accordance to international Accounting Standards.
• Responsible to ensure that liabilities are paid on time and receivables are timely collected.
• Supervise and allocates work to the Accountants and responsible for department administration.
• Handles Finance Manager’s day-to-day work during his absence.
Achievements:
• Setting & Establish Accounting System Independently.
• Preparing Financial & Costing Reports which, Auto Linked with the Accounting System.
• Preparing Storehouse Program for Input & Outgoing Materials Auto Linked with Other
Financial Reports.
• Preparing Cost Report Auto Linked with Other Financial Reports.
Prepares monthly statements by collecting data; analyzing and investigating variances; summarizing data, information, and trends.
• Assembling data for state quarterly and annual statements.
• Prepares special reports by studying variances; preparing budgets; developing forecasts
• Responds to financial inquiries by gathering, analyzing, summarizing, and interpreting data.
• Prepare Monthly Trend of Each Branch (53 Branches).
• Analyze the P&L for Each Branch and Preparing Justification Report.
• Calculating Unit Cost by ABC base in Each Branch.
• Assist in preparing various management information system reports.
• Analysis of General Ledger balances:
• Analysis of Actual vs plan and last year
• Financial statements analysis
• Preparation of the budget
• Preparation of various reports as required
Handles all accounting tasks (i.e., General Ledger entries, Bank Reconciliation, LC, Payable and Receivable Accounts, Salaries... etc).
• Preparing monthly closing financial statement.
• Issuing checks, managing petty cash payments.
• Issuing invoices to customers, follow-up outstanding accounts and process payments for principal suppliers.
• Reviewing sales forecast for each product and send it to its respective manufacturer to expedite delivery compliance.
• Preparing bids and budgetary quotations, and proposals for equipment sales and conducts strategic follow-ups either by phone or fax or personal appointments to provide them with the necessary information and facilitates their needs in order to obtain business.
• Validate Purchase Orders for principal suppliers and coordinates shipping and delivery compliance.
• Handles all logistics work such as: Reviewing and correct the shipping documents to make sure that the documentation is in line with the custom’s standard procedures especially in case of customs duty exemption shipments or Letter of Credit is involved.
Achievements:
• Setting & establish accounting cycle independently.
• Reduced manpower by 15%.
• Reduced outstanding accounts.
• Introduction of two (2) new products.
• Developed eight (8) new customers.
• Sales increase by 30%.
1. Issues invoices to customers, follow-up outstanding and credit accounts.
2. Assist in the preparation of cost accounting and cost reports.
3. Share task of preparing Budgets and comparing it with actual expenditures.
4. Handles all accounting tasks (i.e., Bank Reconciliation, LC, Taxes, Insurance, Payroll and Check Disbursements, etc).
5. Performs cost analysis and cost of foreign purchases.
6. Holds petty cash accounting
7. Share task of preparing trial balances and balance sheets.
Achievements:
Developed accounting system for bank reconciliation.
Developed costing system for imported items.
Developed program for preparation of balance sheet.
1. Handles Bank Accounting (Monthly Reconciliation, Taxes, Payroll LC, etc).
2. Takes charge of Supplier Accounts and cost of foreign purchases.
3. Handles petty cash accounting.
4. Issues invoices to customers, follow-up outstanding and credit accounts.
5. Prepare trial balances for all accounts.
6. Share task of preparing balance sheets.
The study is designed to provide solid functional knowledge to individuals who already have an academic background in business or in related fields. It allows them to develop solid analytical abilities, also establish collaborative work skills, team-building skills and acquire an understanding of the global marketplace.
لقد تم حذف الرابط بسبب انتهاكه لسياسة الموقع. يرجى التواصل مع قسم الدعم لمزيد من المعلومات.