Financial Controller
MATCO - Bandaria Group
Total des années d'expérience :32 years, 11 Mois
Job Role:
• Support the Group CFO in preparing and reviewing annual budgets as well as monthly consolidated financial reports to enable efficient corporate planning and decision-making.
• Ensure transactions impacting the financial reports are properly monitored, controlled and posted to the general ledger, in order to ensure a meaningful analysis and development of financial/management reports.
• Support Group investment decisions by developing business feasibility studies for projects and new business ventures.
• Control for the Group month-end closing process.
• Review Balance sheet account, reconciliation with P&L and variance analysis including review of detailed revenue and cost transaction.
• Prepare inter-group cost allocations and reconciliations.
• Direct and maintain GL schedules: preparation of general ledger entries including prepaid, accruals, allocations.
• Control over systems posting and reporting.
• Standardize group Chart of Accounts.
• Manage all issues with the external auditors.
• Review Zakat, social security and other declarations.
• Manage Group treasury reports and status..
• Support Budget and Forecast development of the companies' initiatives, business action plans and priorities.
• Working with other operational departments, establish standards of performance, cost, revenue and master budgets.
• Prepare monthly budgets and consolidation.
• Prepare monthly, quarterly and yearly performance evaluations: P&L, BS, and CF statements..
• Analyzing variances and exploring potential problems with line managers.
• Prepare and compile management reports and consolidations.
• Prepare project cost analysis, and evaluate project's alternative opportunities.
• Other reporting, analysis or projects as required.
• Support the Group ERP roll-out and harmonization by defining accounting requirements and by providing functional input.
• Provide support services to CFO on various finance matters including new project feasibility studies, as well as Group efficiency and productivity initiatives.
Accomplishment:
- Setting Financial Policies and Procedures.
- Implementing a full budget system for the group.
- Initiating for KPI System to motivate and evaluate the employees.
- Create costing system that provides profitability by line, product and invoice.
- Finalize and solve problem with Zakat agency.
- Create a closing system that provides monthly FS for all group SBUs.
- Make details variance analyses from the budget and set the corrective actions.
- Build and maintain Financial Models.
- Using Financial Analysis, Ratios and Modules to Evaluate the Performance.
- Managing Cash balances and Controlling Cash Flow
- Supervise and train financial team
Job Role:
• Lead and manage financial planning, analysis, forecasting and reporting process, as well as direct the timely and accurate preparation of profit and loss account, balance sheet, standard and special management reports, providing financial analysis and recommendation for management decisions. As a part of a global organization, work with all functional areas and project teams within the organization.
• Direct the financial planning and accounting practices, as well as its relationship with lending institutions, shareholders, and the financial community.
• Manage relationships with intra Group and external control authorities.
• Direct and oversee all the financial activities including preparation of current financial reports, summaries and forecasts for future business growth and general economic outlook for the South American.
• Provide development, analysis, and interpretation of statistical and accounting information to appraise operating results in terms of profitability, performance against budget, and other matters.
• Develop, implement, and lead strategic business and operational projects, programs and systems.
• Helps establish major economic objectives and policies for the company. Prepares reports in the areas of income, expenses, and earnings based on past, present, and future operations.
• Direct and oversee treasury, budgeting, audit, tax, accounting, long range forecasting, and insurance activities for the.
• Have broad responsibility for policy interpretation, and policy guideline formulation.
• Responsible for all aspects of financial and corporate planning, analysis, budgeting, and forecasting.
• Analyze historical data and current trends to identify financial risks and opportunities.
• Directly communicate with each of the primary financial functions within the company; financial reporting, budgeting, forecast and business development.
• Proactively provide analysis of project costs to determine trends and unusual results.
• Manage monthly reporting of actual financials (Revenue analysis, expenditures, capital expenditures, and cash -flow) and analysis of variances to budget and forecast.
• Lead, direct, or participate in special projects assigned by the CFO or the Executive Team which may include; inventory cost allocations and process analysis, transactional flows impacting inventory and cost of goods sold, financial forecasts and projections, investment analysis.
Accomplishment:
- Implementing all modules for ERP system AX Dynamic rom the scratch.( user requirement - customization - training -testing - go live )
- Changing the old local auditors to Ernest and Young and issue 5 year unqualified report.
- Create costing system that provides profitability by line, product and invoice.
- Finalize and solve problem with Zakat agency.
- Create a closing system that provides monthly FS for all group SBUs.
Job Role:
• Setting and Evaluating financial policies & procedures
• Ensure that financial and accounting policies and procedures are followed
• In charge of Treasury Management and relationship with Banks
• Preparing and review budgets, financial plans, forecasts
• Preparing monthly, quarterly & annually reports and F/S
• Review and approve transactions, payment vouchers and adjustment entries
• Ensure that appropriate financial processes and systems are in place in accordance with local laws and corporate policies
• Coordinate external audits and relationship with Audit firms
• Ensure paying taxes and social insurance, etc. in time
• Leading the Accounting & Finance Department in daily operations
• Report recommendations to management in order to improve performance
Accomplishment:
- Implementing all modules for Oracle system.
- Changing the old local auditors to PWC and issue 2 year unqualified report.
- Create costing system that provides profitability by line, product and invoice.
- Create a closing system that provides monthly FS for all group SBUs.
Job Role:
• Setting up the accounting system, policies and procedures
• Keep Management staff in touch with financial status
• Coordinate external audits and relationship with Audit firms
• Preparation Budget and variance analysis
• Preparing budgeted vs. actual on individual cost categories report
• Implementing and Managing the Accounting software system (Peachtree)
• Negotiating and finalizing financial agreements with the banks, suppliers, clients & others
• Follow up, review and approve transactions recording
• Monitor short term liabilities and ensure paid on time
Accomplishment:
- Implementing full budget system that provide motivating, controlling, communicating tools between SBU.
- Make details variance analyses from the budget and set the corrective actions.
- Changing the old local auditors to PWC and issue 2 year unqualified report.
- Create costing system that provides profitability by line, product and invoice.
- Create a closing system that provides monthly FS for all group SBUs.
CMA (Certified Management Accountant) 32872 Institute of management accountant USA
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