Finance Manager
ACTION International Services
مجموع سنوات الخبرة :25 years, 7 أشهر
Strategy and Reporting
Reporting on project revenue, costing, WIP and profitability. Preparation of periodic management accounts. Review and report on project receivables and payables. Monthly project cashflow projection reports and cash requirements. Working with the Senior Management to ensure business is achieving budgeted KPIs. Interpret the company's financial results to management and recommend improvement strategies. Contribute fully to the development of the Company strategy across all areas of the business, challenging assumptions and decision-making as appropriate and providing financial analysis and guidance on all activities.
Project Budgeting, Control and Financial Management
Review LOA and contracts before signing. Supervision of credit control processes and documentation and approval of client credit terms. Prepares project feasibility using NPV, ARR, IRR & PBP methods of appraisal. Prepares and monitor project cost & revenue variance reports. Analysing variances; initiating corrective actions. Conduct reviews & evaluations for cost-reduction and optimizing financial resources. Monitor and manage the cash flow and prepare cash flow forecasts. Oversee all payables, cash plan and AP ageing
Revenue, Billing & Account Receivables
Review financial hygiene of project receivables and contract assets. Work closely with estimation/bids department to ensure projects are correctly quoted for in order to avoid revenue loss. Review all bids and estimate reports. Review all invoices prepared by commercial department before submission to client. Supervision of collections. Evaluates AR aging, collection targets & reports and calculations of provision for doubtful debts. Flow up all payment applications yet to be certified.
Al Jaber Electromechanical (Member of Al Jaber Group) is one of Qatar's leading and most reliable MEP and Gas contracting companies. Having developed as part of, and being closely related with the major clients and Main Civil Contractors.
Strategy and Reporting
Reporting on project revenue, costing, WIP and profitability. Preparation of periodic management accounts. Review and report on project receivables and payables. Monthly project cashflow projection reports and cash requirements. Analysing performances against budget and reporting to management on a quarterly basis. Responsible for Trial Balance integrity and working with the General Manager to ensure business is achieving budgeted KPIs. Interpret the company's financial results to management and recommend improvement strategies. Contribute fully to the development of the Company strategy across all areas of the business, challenging assumptions and decision-making as appropriate and providing financial analysis and guidance on all activities. Providing advice on financial matters impacting the Company. Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control and petty cash. Prepare special reports by collecting, analyzing, and summarizing information and trends
Audit and Compliance
Coordinate annual financial audit preparation and audit processes. Managing statutory audit and tax computations for filling with Qatar tax authorities. Review of risk exposure on business and procedures and introducing controls. Identify and resolve any accounting discrepancies and irregularities. Review and analyzing expenses claim by employees and salary processing
Finance and Admin
Negotiate with Banks as required and appropriate. Maintain banking relationships and assist with negotiating loans and other services for the Company. Arrange new sources of finance and debt facilities. Provide financial analysis, data and information as required by financial institutions.
Managing day to day business operations with a team including a chief accountant, 4 accountants and 1 document controller. Review expenses, entries and journals posted by accountants. Participate in hiring and interviewing and staff appraisals.
Budgeting, Cost Control and Variance
Prepare project budgets by establishing schedules; collecting, analyzing, and consolidating financial data; recommending plans. Work closely with cost control department to ensure cost are in line with budget and provide quarterly reports. Analyzing variances; initiating corrective actions. Conduct reviews and evaluations for cost-reduction and optimizing financial resources. Monitor and manage the cash flow and prepare cash flow forecasts.
Revenue and Billing
Review financial hygiene of project receivables and WIP. Work closely with estimation and bids department to ensure projects are correctly quoted for in order to avoid loss in revenue. Review all bids and estimate reports. Review all invoices prepared and ensure they are sent to clients without delay. Report project cashflow to management. Flow up all payment certificates due for collection.
Conserved Foodstuff Distributing Co. is a member of Mezzan Holding Company, Kuwait. A leading manufacturer and distributor of food, beverage and FCMG in Qatar with successful brands as Dana, Aqua Gulf and Kitco range.
Financial Reporting and Analysis
Responsible for preparation of monthly, quarterly and annual financial statements. Provide high quality and timely advice to management on financial reporting issues. Reporting on product revenue, cost and margins (SKU, Brand and size wise). Ownership of the company Trial Balance and working with the General Manager to ensure achievement of KPIs and reporting same to Group Finance Manager and CFO. Preparation and presentation of Business Review Report for top management on quarterly basis. Engaged in month end closing activities including analysis of the general ledger/Trial Balance, preparation/review of end of month reconciliations. Oversee accruals & provisions, fixed assets & depreciation, revenue recognition, account receivable and payable aging. Analyse costs, pricing, contributions, sales results and the company’s actual performance compared to the business plan.
Budgeting, Forecasting and Variance
Responsible for preparation of annual budgets (sales, cost, margins, P&L and Balance sheet) for management approval, coordinating with other departmental managers and group finance manager. Review budget quarterly and prepares monthly forecast to reflect current economic situations. Prepares on a monthly basis; variance report reflecting changes in actual performances to budget and forecasts (month, MTD, YTD, LY, MLY) with commentaries for top management. Manage the capital budgeting process, analyse and appraise proposed capital expenditure based on discounted cash flow, ROI and payback period analysis.
Audit and Compliance
Coordinate the statutory audit preparation and audit processes. Enhance and govern the internal control environment, ensuring there are sufficient risk and control measures throughout accounting processes and policies. Review and develop internal accounting policies with external standards. Managing statutory audit and tax computations for filling with Qatar tax authorities. Preparation of Management accounts, schedules for external auditors. Attend to all audit (internal & statutory) queries. Identify and resolve any accounting discrepancies and irregularities. Assist in ad hoc reporting, analysis and queries where necessary, including the provision of technical accounting advice. Oversees payroll processes.
Product Pricing and Costing
Conducts review and evaluations for cost reduction opportunities. Prepares monthly product costing report for management consumption. Responsible for costing and pricing of all new or potential product line/SKUs.
Billing and Revenue
Ensures products sales for the month are completely recorded and proper cut-offs. Oversees daily sales reconciliation and reporting. Review and ensures product costing are carried out correctly on monthly basis. Ensures controls over sales processes are adhered to right from sales initiation by sales department to sales recording in Finance department. Responsible for preparation of detailed sales report showing variance to budget for General Manager and Sales Manager.
General Management and Administration
Managing day to day Finance Department operations. Educate and train finance staff on financial accounting processes and policies. Review expenses, entries and journals before posting. Participate in staff hiring process and staff appraisals. Oversee operation of the finance department, sets goals and objectives, and a framework for these to be met
The Wates Group is one of the leading privately-owned construction, development and property services companies in the UK.
Oversight of the planning, directing and coordinating of the Project Finance function
Day to Day finance partner to the Project Director and Business Manager
Direct the project invoicing function and ensure timely and accurate billings; Responsible for the financial management of all costs received from subcontractors ensuring they can be billed to the client in a timely manner.
Responsible for delivering consistent, accurate and timely management information (financial and statistical) to all key stakeholders for decision making purposes
Responsible for the source ERP data for management reporting. Ensure regular reconciliations of balance sheet accounts and transactional activities such as AP, AR, payroll are performed.
Responsible for Corporate monthly financial reporting and project rolling forecasting and budgeting.
Team management of all Project finance staff, including establishing objectives/goals/training/recruit.
Responsible for any ad hoc analysis. Designs financial models, scenarios and sensitivities for the project. Advises on the design and application of models
Manage client audit requirement and other statutory requirements
Provides financial input regarding labour costs, project expenses, overheads and other projects costs, and advice regarding appropriate contractual commercial terms and conditions, including FX, tax and credit implications
Cash forecasting, credit risk management, including Identification and management of financial and treasury risk
Ensures alignment of the project controls and finance functions
Provide commercial support to the project and business on margin improvement, overhead reduction and cash flow maximization. Continue to monitor/assess the risk profile of project and recommend remedial action prior to commercial impact
Work closely with the regional Tax Manager to ensure full compliance with all relevant tax laws. Responsible for the books and records of the project.
Flour Mills of Nigeria Plc. is the largest flour milling company in West Africa and second largest in Africa with successful brands in Nigeria and over west African counties.
Responsible for producing management accounts (profit & loss, balance sheet and cashflows) within strict timescale
Preparation of schedules for external auditors.
Preparation of consolidated financial statement
Preparation of tax computation (self-assessment)
Capital allowance, tax planning and treasury management
Facilitator at in-house training
Prepares financial analysis on new and existing products
Responsible for financial modeling and analysis for products
Overseeing fixed asset and capital work in progress unit
Ad hoc project work
Annual budgets/forecasting and cashflows
Debtors - ageing and credit control
Overseas bank reconciliation
Flour Mills of Nigeria Plc. is the largest flour milling company in West Africa and second largest in Africa with successful brands in Nigeria and over west African counties.
Manages AP. Includes, Customer Vendor Relations, and handling of all disbursements.
Manages accounting functions including maintenance of general ledger, accounts payable, and project accounting; ensures accuracy and timeliness.
Develops, implements and maintains systems, procedures and policies, including accounts payable functions to ensure adherence to company guidelines.
Manages monthly closing of financial records and posting of month end information; ensures accuracy of financial statements.
Provides accounting assistance to managers and operations staff; responds to financial questions/concerns to meet business needs.
Acts as a liaison between the company, government and external accountants to meet information needs and to ensure that proper information is maintained for historical purposes.
Prepares and recommends operating and personnel budgets for approval. Monitors spending for adherence to budget, recommends variances as necessary.
Process transaction reports (aging, payment etc.) after data entry.
Review updated vendor detail files.
Monitor accounts aging to ensure payments are up to date.
Reply vendor inquiries.
Review month-end account reconciliations (primarily cash, accrual and prepaid accounts).
Lagos state University Ojo, Lagos Bachelor of Science in Accounting (2nd class upper) 2002
Institute of Chartered Accountants of Nigeria Lagos Associate Member 1998