Finance Director.
Allamco For Real State & Development.
مجموع سنوات الخبرة :17 years, 6 أشهر
Maintains a documented system of accounting policies and procedures.
Manages outsourced functions.
Oversees the operations of the treasury department.
Oversee the activities of the accounting department for the accurate and timely dissemination of financial management reports including, but not limited to, monthly financial statements and annual audits.
Safeguard assets and assure accurate and timely recording of all transactions by implementing controls and good governance across all sectors and departments.
Responsible for recruiting, selecting, training and developing finance associates
Funds Management
Forecasts cash flow positions, related borrowing needs, and available funds for investment.
Ensures that sufficient funds are available to meet ongoing operational and capital investment requirements.
Uses hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions.
Maintains banking relationships.
Assists in determining the company's proper capital structure.
Arranges for equity and debt financing.
Invests funds.
Budgeting
Manages the preparation of the company's budget.
Reports to management on variances from the established budget, and the reasons for those variances.
Assists management in the formulation of its overall strategic direction.
Financial Analysis
Engages in ongoing cost reduction analyses in all areas of the company.
Reviews the performance of competitors and report on key issues to management.
Engages in benchmarking studies to establish areas of potential operational improvement.
Interprets the company's financial results to management and recommends improvement activities.
Participates in target costing activities to create competitive pricing models
Compiles key business metrics and report on them to management.
Creates additional analyses and reports as requested by management
Responsibilities:
Management
• Maintains a documented system of accounting policies and procedures
• Manages outsourced functions
• Oversees the operations of the treasury department
Funds Management
• Forecasts cash flow positions, related borrowing needs, and available funds for investment
• Ensures that sufficient funds are available to meet ongoing operational and capital investment requirements
• Uses hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
• Maintains banking relationships
• Assists in determining the company's proper capital structure
• Arranges for equity and debt financing
• Invests funds
• Recommends appropriate dividend issuance s, based on historical dividend patterns and expected cash flows
Budgeting
• Manages the preparation of the company's budget
• Reports to management on variances from the established budget, and the reasons for those variances
• Assists management in the formulation of its overall strategic direction
Financial Analysis
• Engages in ongoing cost reduction analyses in all areas of the company
• Reviews the performance of competitors and report on key issues to management
• Engages in benchmark studies to establish areas of potential operational improvement
• Interprets the company's financial results to management and recommends improvement activities
• Participates in target costing activities to create competitive pricing models
• Compiles key business metrics and report on them to management
• Manages the capital budgeting process, based on constraint analysis and discounted cash flow analysis
• Creates additional analyses and reports as requested by management
Additional Accountability
• Oversee the extension of credit to customer
As an internal Audit Director main responsibilities;
Reports directly to the Board of Directors. The position is responsible for the development, implementation and management of advanced-level, complex and high risk Internal Audit projects, and the evaluation and improvement of the effectiveness of risk management, control and governance processes. The individual working with the company Team will play a key role to develop and maintain a world-class internal control environment.
Work in partnership with management to design and implement cost-effective procedures to ensure that internal controls are effective for reliable financial reporting, Safeguard the company’s assets, provide for efficient processes and procedures and achieve regulatory compliance.
Perform special projects at the request of management, external Audit assistance, fraud investigations and due diligence
As an Audit Manager main responsibilities
Risk Management. (Worked as a tester’s team for KPMG for RCC compliance during July 2008 & September 2009).
Responsible of the global independence and risk management in my Group.
Advising clients with any aspect of risk impacting their organization. Business Process, project management best practices, business process improvement, business continuity/disaster recovery planning, data analysis and audit techniques, internal audit services, enterprise risk management, privacy and corporate governance. Develop and implement comprehensive, practical audit plan of risk-based financial/operational audit coverage with emphasis on assessment of internal controls; Develop and manage an operating budget; Develop effective individual audit programs; Perform and oversee audit planning, fieldwork and closure activities; Identify deficient conditions and causes, and develop practical recommends; Evaluate audit results and internal control adequacy; Prepare, review and approve audit reports; Ensure conformance with acceptable accounting and audit standards, plans, budgets and schedules; Assist with updating and assessing the results of the annual internal control self assessment questionnaire; Oversee continuous auditing initiatives, maximizing use of less intrusive, automated audit techniques; Assist in recruiting, hiring, training and evaluating staff performance; Establish and maintain an effective working relationship with all levels; Perform special reviews and projects.
Manage Audit staff (Internal Audit, external resources or personnel from other departments on joint Audits).
Verify that internal controls are efficient and effective to mitigate business risks to an acceptable level.
Ensure assets are adequately protected.
Ensure significant financial, managerial and operating information.
Plan for the back office hard and software system, IT installation.
Budget and regular report.
Cash management.
Cost saving plan.
Ensure that audit working papers are reviewed (in field, where practicable) by all appropriate individuals and manage, review and document the audit in compliance and applicable professional auditing standards.
Ensure all team members have sufficient time to perform required tasks, as dictated by the engagement plan.
Provides an assurance service determining the nature and scope of the engagement and objectively assesses (evaluates) the evidence gathered.
Helps the organization accomplish its objectives through testing the internal controls by bringing a systematic disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
Assist the organization by identifying and evaluating significant exposures to risk and contributing to the improvement of risk management and control systems.
Preparing taxing establishment for the companies.
Leading staff to go through audit process.
Planning and Supervising the execution of the audit process.
Monitoring the performance of the staff.
Evaluating the performance of the staff.