Finance Manager
AlJabr Investment Co.
Total years of experience :18 years, 6 Months
- Reviewing business process with business managers to identify actual / potential weaknesses in the process.
- Working with business managers to identify processes which are not cost effective with a view to optimize costing.
- Manage the accuracy and productivity of day-to-day activities of accounts payable, cash disbursements, invoicing/billing, customer credits and collections, payroll, perpetual inventory integrity, fixed asset records, general & entity accounting, cost accounting.
- Participating in the Strategic Planning, decision making and Internal Control.
- Design and Implement the annual budgeting and planning process that supports a strategic plan monitoring and reviewing the preparation of financial budgets and reporting financial results with variance analysis to CEO and CFO
- Manage the Preparing of cash management actual and projected in monthly basis in order to provide the maximum best usage of cash.
- Safeguard assets and assure accurate and timely recording of all transactions by implementing disciplines of internal audits, controls and checks across all departments.
- provide monthly and quarterly variances report for management and coordinate with top management to investigate any variances and analysis the deviations to determine the causes
- Monitor the implementation of approved finance policies & procedures and coordinate with regional head accountants to improve the implementation of such polices & procedures.
- Working to improve of financial management and controls by evaluating and remodeling financial systems and ensure their compliance with company objectives.
- Managing VAT project plan, implementing, and oversee the filing of tax return and follow up for refunds.
- Establishing banking relationships for maximum efficiency and new facilities and resources for fund management.
- oversee the preparing of monthly and quarterly variances report for management and coordinate with top management to investigate any variances and analysis the deviations to determine the causes.
- Coordinates and facilitates the design and implementation of automated accounting and financial systems
- Demonstrates continuous effort to improve operations, decrease turnaround times, and work cooperatively and jointly to provide quality seamless customer service.
- Managing and coordinating with external and Internal auditor.
Participating in the Strategic Planning, decision making and Internal Control.
- Designed and Implemented an annual budgeting and planning process that supports a strategic plan Monitoring and reviewing the preparation of financial budgets and reporting financial results with variance analysis to the Chairman and BoD.
- Preparing cash management actual and projected and segregated in a monthly and fortnightly basis.
- Departmental Allocation of Company Overheads.
- Establishing banking relationships for maximum efficiency and new facilities and resources for fund management.
- Preparing monthly and Quarterly variances report for management and coordinate with top management to investigate any variances and analysis the deviations to determine the causes .
- Managing and coordinates the work of Junior-level accounting staff;
- Coordinates and facilitates the design and implementation of automated accounting and financial systems;
- Answers inquiries and resolves complaints from employees and Customers.
- Demonstrates continuous effort to improve operations, decrease turnaround times, and work cooperatively and jointly to provide quality seamless customer service.
- Preparing all necessary financial reports for senior managers .
- Control Receivable with Credit Controller.
- Income Tax, Sales Tax and related issues.
- Hedging for fluctuation in currency rates.
Responsible for providing financial advice and support to clients and colleagues to enable them to make sound business decisions.
Clearing budgetary planning for short and long-term future planning, and the recomendation of financial implications of any decision before proceeding. In addition, make ensure that financial practices are in line with all statutory legislation and regulations.
In Details:
-Coordinate with Top Management in preparing Company Planning and Internal Control
-Coordinate with all Managers in preparing Company budget, for both Divisions Cars Sales, spare parts retail and Travel and Tourism.
-Preparing cash management actual and projected, in monthly and fortnightly basis.
-Preparing monthly and Quartarly variances report, for management and coordinate with top management to investigat the unfavorable variances with person responsible about.
-Managing and coordinates the work of Jouniar-level accounting staff;
-Coordinates and facilitates the design and implementation of automated accounting and financial systems;
-Answers inquiries and resolves complaints from employees and the Customers.
-Demonstrates continuous effort to improve operations, decrease turnaround times, and work cooperatively and jointly to provide quality seamless customer service.
-Inspections of all daily transactions.
-Preparing all necessary financial reports for senior managers .
-Contorl Receivable with Credit Controler.
-Correspond with branches regarding inter company issuue..
-Income Tax, Sales Tax and related issues.
Supervises and coordinates the work of junior-level accounting staff;
- Coordinates and facilitates the design and implementation of automated accounting and
financial systems;
- Answers inquiries and resolves complaints from employees and the Customers.
- Demonstrates continuous effort to improve operations, decrease turnaround times, and work
cooperatively and jointly to provide quality seamless customer service.
- Inspections of all daily transactions.
- Preparing all necessary financial reports for senior mangers .
- Receivable follow up
- Correspond with branches regarding inter company issue.
- Sales tax and related issues.
- Supervises and coordinates the work of Junior-level accounting staff;
- Prepares financial reports and coordinates the Comprehensive Annual Financial Report (CAFR);
and provide financial analysis and ratios.
- Coordinates and facilitates the design and implementation of automated accounting and
financial systems;
- Answers inquiries and resolves complaints from employees and the Customers.
- Demonstrates continuous effort to improve operations, decrease turnaround times, and work
cooperatively and jointly to provide quality seamless customer service.
- Inspections of all daily transactions.
- Preparing all necessary financial reports for senior managers .
- Receivable follow up
- Handling Audit, (internal & external)
- Correspond with branches regarding inter company issue.
- Sales tax and related issues
- Handling company's Accounts
- Corresponding with banks, dealing professionally with clients& suppliers
- Maintaining the daily accounting transaction
- All Bank related issues.
- Salary preparation.
- Monitor the activity of other accounts Staff.
- Cash Handling.
- Reconciliation for all accounts.
Data entry of Daily Sales
- Data entry of receipts entries for collection
- All administration related issues
- Follow up with other departments regarding monthly requirements of accounts.
- Prepare Chqs.