Finance Manager
Afrina Group
Total years of experience :18 years, 6 Months
Responsible for managing financial accounting, monitoring and reporting system.
Preparation of all financial reports, including Profit and Loss Statement, Balance Sheet and Statement of Cash Flows, as well as the year-end financial reports. Interpret the financial results to management and recommend improvement activities.
Preparation of budget and reporting to management on variances from the established budget, and the reasons for those variances.
Responsible for developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and coordinate the preparation of strategic plans, budgets and financial forecast.
Manage cash flow for smooth operations through, scheduling expenditures and payments with expected cash inflows; forecasting cash requirements; arranging, liaising and negotiating, as appropriate, with banks for financing purposes.
Supervise, direct, and review the work of the accounting staff including, but not limited to, bank reconciliations, supplier and others reconciliations, provision working, fixed asset register, payroll working, petty cash and recording of revenue and expenses etc.
Liaise with banks for opening of new bank accounts, letter of guarantee, letter of credit, term deposits and for other day-to-day operations.
Coordination with internal and external auditors during reviews and audits to ensure full cooperation from accounting staff and compliance with all qualified requests.
Preparation of all financial reports, including Profit and Loss Statement, Balance Sheet and Statement of Cash Flows, as well as the year-end financial reports.
Responsible for the monthly close as well as maintenance of all accounting ledgers including monthly review of all account reconciliations and journal entries.
Responsible for developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and coordinate the preparation of strategic plans, budgets and financial forecast.
Monitoring the accurate recording of income, expenses, assets, liabilities and equity.
Liaise effectively with Qatar Financial Centre Regulatory Authority on financial accounting and reporting deliverables, issues and process improvements.
Ensure compliance of Qatar Financial Centre Regulations.
Ensure compliance of transactions with Tax Laws and filling of Tax Return.
Liaise with banks for opening of new bank accounts, letter of guarantee, term deposits and for other day-to-day operations.
Implement Firm’s Accounting Policies and interpret guidance in regards to accounting transactions.
Effective Cash Flow Management.
Work with internal and external auditors during reviews and audits to ensure full cooperation from accounting staff and compliance with all qualified requests.
Ensure an accurate and timely quarterly and year end close.
Recording, classifying and summarizing financial transactions and events in accordance with local regulations and International Financial Reporting Standards (IFRS).
Advising the management on the improvement of accounting system, internal control system and budgeting control system.
Supervise the day-to-day operation of the accounting department.
Reconciliation of bank statements.
Assist the Management in the compilation and control of budgets.
Performance of variance analysis and developing reports for management review.
Responsible for inventory management.
Computation and payment of staff salaries on monthly basis.
Follow up with clients to ensure collections are within credit terms.
Ensure the accurate and timely processing of payments to suppliers.
Liaise with bank for opening and closing of Letter of Credit and Letter of Guarantee.
Cooperation with External Auditors to carry out annual audit.
Conducted the audit of financial statements and reviewed a number of other assurance assignments, which included planning, organizing, controlling, and reviewing the entire job, ensuring compliance of financial statements with International Financial Reporting Standards (IFRS) and other applicable local laws and regulations.
Preparation of Audit Programs.
Preparation of management letters issued to the clients highlighting weaknesses in internal controls environment.
Identifying financial statement risks and financial statement controls and testing appropriate controls.
Planning and performing audit procedures.
Identifying and investigating audit differences and evaluating findings.
As a team leader, I have been involved in planning the nature, timing and extent of audit procedures on the basis of assessed level of risk and available human and time resources.
Conducted Business process reviews.
To assess both the design and operational effectiveness of the selected internal controls related to significant accounts and assertions, in the context of material misstatement risks.
Evaluation of the system of internal controls, identification the design gaps, opportunities for process improvements and testing of existing controls’ effectiveness and finalization of internal audit report for presenting before the management of the Company.
Held discussions and meeting with various levels of clients’ management.
Observed the inventory count at year end.
Performed analytical review of financial statements.
Performed audit procedures for verification of revenue, cost of goods sold, assets and liabilities.
Engaged in review of internal control system and draft recommendations for improvements therein.
To review the work performed by senior, semi-senior and junior associates.
Finalization of audits.
C.A Finalist ( Four Papers to Qualify)
1st Division
