Finance Manager
Thimar Aljazerah
Total des années d'expérience :26 years, 11 Mois
Capably monitoring day-to-day financial operations such as payments, payroll, invoicing & other transactions. Leading the completion and consolidation of monthly management reporting for CFO. Scrutinizing profitability of the company & its divisions, highlighting deficiencies and recommending corrective course of actions.
Enforcing policies & procedures to ensure fulfilment of company requirements. Protecting assets by establishing, monitoring & enforcing internal controls. Cautiously preparing cash flow statements monitoring in & outflow of funds, guaranteeing optimum utilization of available funds to accomplish corporate financial goals.
Ensuring point of financial reporting is accurate, timely and relevant, and providing direction on a forward-looking basis to support business decisions, and that sufficient funds are available to meet ongoing operational and capital investment requirements.
Leading business goals such as investment initiatives, increasing working capital mainly through collection of receivables, etc., while providing management with reports & data/tools to drive business results. Leading, coaching, evaluating and developing finance team; maintaining financial accounting team strategy, operating model and team structure.
Preparing yearly budget, control expenditure, tax activities ensuring it's within VAT law; reviewing monthly VAT Iqrar and uploading at Zakat website. Effectively liaising with external & internal auditors for timely completion of audits and resolution of issues.
Preparing yearend financial reports, monitoring and auditing financial results ensuring compliance with IFRS. Coordinating with external auditors to ensure support is provided to complete audit work; stay abreast of accounting changes.
Adeptly formulated strategic and long-term business plans. Provided accurate and timely financial reports and forecasts for the whole
company to offer clear insight to assist high quality and agile decision making.
Developed annual budget and on-going financial forecasts about functional areas, including income statement and cash flow
projections. Oversaw operating budgets and exercised controls to ensure expenditures do not exceed budgetary limits.
Reviewed costs & benefits to each division and performed marginal analysis; assessed their profitability & efficiency. Monitored
company liquidity in all bank accounts on daily basis and monitored credit facility. Oversaw extension of credit to customers.
Monitored, formulated and implemented cash management plan to minimize security and/or fraud risks and to ensure ease of
operations/sufficient cash resources are available to meet disbursement & reimbursement requirements.
Provided recommendations on financial performance & key operating decisions ensuring strict adherence to key compliance,
business controls, policies, and other governing regulations and directives.
Ensure appropriate risk management through financial planning and a system of internal controls to safeguard company assets and
ensured the reliability of the financial records. Evaluated loans provided to lease customer’s final approval.
Managed finance team and provided regular support towards technical team projects. Established procedures for custody and control
of assets, records, loan collateral, and securities to ensure safekeeping.
Diligently steered accounting team to deliver business objectives; confirmed internal controls are working effectively and proposed
improvements to support evolving accounting environment. Maximized investment choices where possible and appropriate.
Proficiently managed full spectrum of accounting & finance activities, bank & accounts reconciliation, sales & income tax, petty cash
closings, invoicing, debt analysis, cash flow forecasts, and accounts receivable & payable confirming timeliness of inbound & outbound
payments to vendor & other service providers.
Ensured timely submission management & financial reports required for actual and forecast including statutory requirements.
Maintained annual budget, financial planning & forecasting /reporting system in compliance with corporate policy.
Diligently coordinated and authorized quotations for client approval & assisted in the preparation of client invoices. Performed
prompt collection of account receivables and that they remain within given limits..
Tracked and processed accounts and incoming payments in compliance with financial policies and procedures.
- Performed day to day financial transactions including verifying, classifying, computing, posting and recording accounts receivable data. Prepared bills, invoices and bank deposits.
- Reconciled accounts receivable ledger to ensure all payments are accounted for and properly posted.
- Verified discrepancies and resolved clients’ billing issues.
- Facilitated swift payment of invoices due to organization by sending bill reminders and contacting clients with outstanding accounts.
- Generated financial statements and reports detailing accounts receivable status.
- Prepared monthly bank account reconciliation and controlled asset registers with annual inventory.
- Maintained efficiency of financial application modules outcome; assisted in development & implementation of new procedures and features to enhance work flow of department. Provided training when needed.
- Responded to inquiries from finance director, controller and finance managers for financial results and special reporting.
• Support controller special projects and workflow process improvements.
- Responsibly performed monthly quarterly & year end closing reports providing all necessary regular & irregular reporting analysis.
- Supervised General Ledger (GL) group to ensure all financial reporting deadlines are met.
- Monitored & analyzed department’s performance to develop more efficient procedures and use of resources while maintaining high level of accuracy.
- Supervised accounting transactions & operation of AP, AR, inventory, GL, Tax, and reconciliations supporting over all department goals & objectives.
- Worked with controller to ensure timely year end audit. Set annual budget insuring sound control in place to support forecasting activities.
- Controlled daily sales transaction activities and reviewed all documents, invoices, receipts, return, and paid-out insuring compliance to company system.
- Managed daily closing activities in hotel and prepared daily audit report for GM.
- Maintained random inventory to insure better control and participated in annual inventory.