Financial Controller
SAUDI NEXtCARE
مجموع سنوات الخبرة :20 years, 3 أشهر
I was responsible for all Accounting & Finance Functions
Managing a team of 3 Accountants
1. Monitors Company’s profitability and other aspects of financial performance.
2. Drives Company’s budgeting and short - mid term cash-flow projection process.
3. Assist with long-term financial projections, analysis and modeling.
4. Playing an integral role in maintaining and consistently developing accounting policies and procedures.
5. Improving efficiencies through developing various KPI's and analysing with industry standards
6. Ensures the timely and accurate submission of monthly/quarterly/annual management reports and financial statements to the regulator.
Reporting to President.
•Responsible for complete setup of accounting & finance controls, procedures and work flows.
•Playing a major role in the development of the whole of the accounting system.
•Hiring, training and managing the staff in the finance department
•Consolidation of subsidiaries.
•Cash flow & budget forecasting/monitoring/variance analysis
•Preparation of Strategic Plan
•Comparison of pricing models & expense control, evolving the company towards more controlled processes.
•Playing a major pivotal role in the decision making process of the company for way ahead.
•Active team member for the development of the Brokerage, Asset Management and Investment Banking divisions.
JOB RESPONSIBILITIES
Treasury
•Monitoring & Supervision of Payments.
•Monitoring & Supervision in preparation of Bank Reconciliation Statements.
•Maintaining Bank Accounts including Accounts opening and closure.
•Management of funds collected at various locations for utilization in Expenditures.
•Cash Flow Analysis and projections.
Taxation, Payroll & Staff Provident Fund
•Furnishing of Monthly/Annual Tax Statements.
•Income Tax Calculation of Employees.
•Preparation & Filling of Annual Return of Income.
•Corporate Tax reporting to region (Cyprus)
•Checking & Approving, monthly Payroll
•Management of Provident Fund’s excess liquidity for utilization in Investments.
•Analyzing & calculating effective yield of various Investment avenues for Investment of excess liquidity available with Provident Fund.
•In-house advises on various tax related matters.
Strategic Planning & Budgeting
•Determination of Cost drivers for expense projections.
•Preparation of Financial Models for projection on various scenarios.
•Preparation of Budgets for Revenue and Expenses.
•Variance Analysis & Reporting of Income & Expenses.
Corporate & Legal Affairs
•Filling of Statutory forms/returns.
•Sending Notices & preparation of Agenda and documents for Board Meetings.
•Minutes of the Board Meetings.
•Sending Notices & preparation of Agenda and documents for Annual General Meetings.
•Minutes of the Annual General Meetings.
•Election of Directors.
•Review of agreements.
•Matters relating to Head Office.
•Final Accounts
•Payroll & Taxation
•Banking & Investments
•Strategic Planning & Budgeting
•Taxation & Treasury
•Strategic Planning & Budgeting
•Fixed Assets, Leasing & Insurance
•Payroll & Staff Retirement Funds
•Secretarial Practices
SPECIAL ASSIGNMENTS
•Trustee of New Jubilee Life Insurance Company Limited - Employees’ Provident Fund & Employees’ Gratuity Fund.
•Involved in Development of Oracle Based Payroll System.
•Audit Coordinator for Statutory Audit for the years 2002 & 2003.