Soran Mohammed Reda Al-Qardaghy

Accounting Manager at Bahar Group

• Iraq - Sulaymaniyah
• My current job since November 2018

Finance Manager at Dilnia Insurance

• Iraq - Sulaymaniyah
• August 2015 to November 2018

- Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions
- Oversee financial department employees,
- Review financial data and prepare monthly and annual reports
- Establish and maintain financial policies and procedures for the company
- Understand and adhere to financial regulations and legislation
- Oversee budgeting, and the implementation of budgets, so as to monitor progress
- Ensure that finance staff maintains financial record systems in accordance with Accounting Principles, and monitor the use of all funds
- Manage cash flow and forecasting; direct all financial, project-based, and departmental accounting
- Coordinate all audit activities
- prepare the year-end financial accounts for audit and to liaise with the Auditors prior to sign-off
- supervise the production of regular salary payments and records
- Deal with the company’s banks in respect of payments and receipts, foreign currency rate and ensure that all bank accounts and credit card statements are regularly reviewed and reconciled.
-other finance responsibility

Treasury supervisor at Lafarge group -Bazian Cement company

• Iraq - Sulaymaniyah
• February 2009 to September 2015

Build cash forecasts of the Business Unit ( BU ) cash position and communicate to

relevant parties (BU management, Country treasury,

 Review cash needs against  historical data & forecasts, and plan daily operational

cash requirements for all BU locations

 Negotiate and implement short term banks facilities (overdrafts, LCs) required to

secure daily financing *

 Optimize use of cash through centralized cash pooling

 Reconcile month end closing treasury data to accounting figures and resolve any

discrepancy with Accounting Department *

 Ensure correct documentation and filing of all financial transactions *

 Define in local treasury procedures the rules to ensure that petty cash is handled in

a secure manner *

 Manage excess cash to minimize interest cost and gain short-term deposits

 Establish and maintain good professional relationships with authorized banks

 Regularly review terms and conditions with banks *

 Ensure optimal number of bank counter parties and accounts to maintain control

over all transactions and optimise costs *

 Monitor service received against expectation and cost, and compare actual

charges and conditions (interest, value dates, commissions, etc.) against

negotiated ones *

 Supervise the team for all treasury transaction

 Monitoring and evaluation treasury country team

 Monitoring treasury transaction to comply with internal control standard

 Control petty cash and review all transaction payment during the month

 Supervise ensure the filing in right place.

- Work in close co-operation with :

Country and Corporate Treasury Department (CTD) (for banks relationship, cash

recycling, financing, hedging and reporting aspects)

-BU and Plants’ Purchasing Function (to ensure in-depth common understanding of

Finance & Purchase, and effective daily co-operation of the different teams)

-Sales Department:

Support sales for all customers needed like facility and settlement and facilatat for

customers for all problem with bank (customers service )

-Accounting team:

Coordinate with accounting team to make sure all payments are records with all

document and matching monthly bank reconciliation, review contract for the payment

need to insure this payment due to pay, and other )

-Legal department:

Follow up all legal requirement need by bank and other like (tax, registration ,

central bank needed and other ) .

-Supplier:

Communicate with supplier for all treasury requirement like bank details opening

account with bank that we select and support when we send transaction for cash

availability with bank .

Human Resources:

- Coordinate with HR for salary monthly distribution and confirmed the due

date with bank

- Follow up on social security payment and calculation

- Support the HR team for communication with bank regarding HR needed

Purchasing Department:

- Support purchasing dep. To get good offer like payment will pay

against LG or LC or other and selected bank details and through local

bank or international bank to reducing payment cost and control

- Coordinate to provide to send monthly and yearly budget and forecast

- Solve supplier problem for payment delay and mistake happened by

bank