Finance Manager
Prozone Middle East General Trading
Total years of experience :15 years, 0 Months
Perform financial analysis and report to management as needed.
Perform month-end accounting activities such as reconciliations and journal entries.
Coordinate with the finance team to complete assigned accounting tasks within deadlines.
Evaluate computerized accounting systems and provide recommendations to the IT team for performance improvements.
Generate financial reports and statements to Managers for review.
Analyze financial discrepancies and recommend effective resolutions.
Monitor expenditures, analyze revenues and determine budget variances and report the same to management.
Respond to accounting inquiries from management in a timely fashion.
Provide guidance to other Accountants when needed with supervision.
Assist in budget preparation and expense management activities for assigned accounts.
Assist in auditing activities by providing necessary information and preparing requested documentation.
Monitor and record financial transactions according to company policies and regulations.
Review and recommend changes to existing accounting procedures.
Maintain a documented system of accounting policies and procedures.
Forecast cash flow positions, related borrowing needs, and available funds for investment. Ensure that sufficient funds are available to meet ongoing operational and capital. investment requirements.
Maintain banking relationships.
Assist in determining the company's proper capital structure.
Arrange for equity and debt financing.
Manage the preparation of the company's budget.
Report to management on variances from the established budget, and the reasons for those variances.
Assist management in the formulation of its overall strategic direction.
Engage in ongoing cost reduction analyses in all areas of the company.
Review the performance of competitors and report on key issues to management.
Interpret the company's financial results to management and recommend improvement activities. Participate in target costing activities to create products that meeting predetermined price goals. Assist in the determination of product pricing in relation to features offered and competitor pricing. Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis.
Create additional analyses and reports as requested by management.
Supervised Accounts Receivable and Accounts Payable department. Ensured and maintained ethical accounting practices.
Developed and implemented comprehensive annual budgets, and provided accurate and timely monthly reports to control budget overruns.
Managed Accounts Receivable and Billing staff, provided training to ensure consistent quality, and addressed employee concerns.
Analyzed financial accounts to provide detailed reports of fiscal health to senior management.
Responsible for all areas relating to financial reporting.
Developed and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements.
Supervised staff (Accounting assistant, Controller) and is responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner.
Addressed tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, yearend audit preparation and the support of budget and forecast activities.
Responsible for the preparation and processing of monthly payroll for
100-150 employees; review and ensure accuracy of approved timesheets; track and deduct all garnishments and other special payroll deductions.
Follow up the sales and purchases invoices, cross-checking on billing.
Monthly reconciliation for AP/AR.
Petty cash expenses verification.
Review and monitor intercompany transactions.
Monthly Banks reconciliations.
Prepare and review Financial Budget, Revenues, and Expenses.
Prepare Monthly profit and loss statements.
Costing the goods Received from Vendors.
Prepare Management Accounting & Financial Accounting reporting.
Prepare Management Accounting & Financial Accounting reporting.
Collections of payments from creditors within 60 days.
Monthly reconciliation for AP/AR.
Cost allocation and reconciliation of sub-contractors & vendor accounts.
Petty cash expenses verification.
Review and monitor intercompany transactions.
Monthly Banks reconciliations.
Resolve accounting discrepancies.
Prepare Monthly profit and loss statements.
Maintained accounts payable and accounts receivable for the branch.
Reconciled branch's bank account, while assisting the controller in handling additional business account responsibilities.
Administered payroll, which involved documenting and recording employees' hours worked, employees' commissions, bonuses, and gas allowances.
Assisted with monthly preparation of profit and loss statements for this large produce exporter.
Maintained accounts payable and accounts receivable.
Posted invoices to the purchase journal and filed them for payment.
Maintained complete inventory and costs, implementing a computerized system after one year.
Received letters of recommendation for outstanding job performance.
Balance Sheet Notes.
Monthly Trial Balance.
Monthly Banks Reconciliation.
Fixed Assets Movement & Depreciation.
Prepare a journal voucher.
Petty cash Renewal.
Costing the goods Received from Vendors.