Group Finance Manager
Group of companies
Total years of experience :24 years, 10 Months
Will be disscussed later
Perform a wide range of duties summarized as the following:
- Management accounting
- Financial accounting and reporting
- Budget preparation and monitoring
- Cash flow managing
- Revise strategic and long-term business plans (Financial Module).
- Advice the management on the best Debt/ Equity mix.
- Support the CEO in source of debts deployment of capital
- Liaising with auditors, CEO, COO to ensure annual monitoring is carried out and to ensure financial operations are adhering to external audit requirements.
- Performing and controlling Bank facilities
- Performing and managing LC with suppliers
- Assure the financial assumption in the business plans and advice on model accuracy
- Review bank facilities, Loans, Overdrafts, LCs and LGs
- Consolidating financial reports
MedEx is a subsidiary company of Saudi Bin Laden Group .
Responsible for :
- Cash Management.
- Manage a company's financial accounting, monitoring and reporting systems.
- Direct finance Dep. (Accounts Dep., Insurance Dep., GOSI Dep., Procurement and Purchase Dep.).
- Feasibility studies for the new projects/ clinics ( Proforma BS, IS, CF statement)
- Cost-reduction opportunities.
- Budget plan, monitor implementing and performing process and variance analysis.
- Financial & Accounts policy and procedures including Combating Embezzlement & Financial Fraud Policy.
- Managing corporate Billing.
- Managing financial of remote clinics at different locations.
- Contact Banks, supplier, Insurance Co.
- Periodic Financial Reporting (Financial Statements, Segment P&L, Inventory Control, Aging Report, Break Even, Financial Ratios, Forecasting Cash Flow ).
- Formulate strategic and long-term business plans.
- Support the CEO in source of debts deployment of capital
- Liaising with auditors, CEO, COO and CFO to ensure annual monitoring is carried out and to ensure financial operations are adhering to external audit requirements.
- Collection process.
- Assessment of Internal Control.
- KPIs .
- Managing Bank facilities & loans .
- Financial Projection Plan.
- Performance of finance department staff & continually training .
- Provides consultations for departments heads and staff and work as resource for all departments.
- Zakat, Tax advisory.
* Responsible for :
- Cash Management.
- Accounting & Finance policy and procedures.
- Contracts, Franchise negotiation in its financial aspects.
- Periodic Financial Reporting.
- Participate in business plan.
- Break-Even Report.
- Investment analysis and evaluation.
- Assets & Inventory Control.
- Zakat & with holding tax Plan.
- Consolidation of the financial statements.
Responsible for :
- Monthly financial Reports & management information and Ensure timely reporting of all financial data
- Manage and perform all activities related to financial accounting.
- Proactive analysis of the monthly financial statements.
- Feasibility study of new business opportunities.
- Prepare and Follow up budget plans, quarterly forecasts, estimates and all other related reporting.
- Monitor sales and margins by area, providing timely information to the financial manager and strengthen internal control procedures.
- Prepare inventory overhead recovery rates.
- Control inventory report.
- Bank reconciliation report.
- Proposals and control capital expenditures
- Maintain the fixed asset register.
Operating & Maintenance agreement between ARAMCO and Al Hussaini Co.
Work scope includes Dahran, Ras Tanura and Abqaiq
- Set up the workflow, policy and procedures for the appliances warehouse .
- Managing customer billing and supervising the collection.
- Manage Inventory and track the fixed assets.
- Perform an annual inventory checkup.
- Manage contractors’ agreements..
- Supervise all external relations.
- Promotes high-performance teamwork to ensure timeliness and quality of deliverable.
- Follow-up of personnel files (residencies - driver's licenses - medical insurance - the entry permit for sites Aramco).
- Assessment of Internal Control.
- Monitor budget allocations, expenditures, fund balances and related financial activities for the purpose of ensuring that allocations are accurate, revenues are recorded, expenses are within budget limits and/or fiscal practices are followed.
- Financial Projection Plan.
- Assessment of Internal Control.
- Manage Inventory and track the fixed assets.
- Promotes high-performance teamwork to ensure timeliness and quality of deliverables.
- Implementation of SAP
1- Al-Wadi for manufacturing and development ( S.A.E )
2- Al-Wadi Vanesta for Spinning Flax ( S.A.E )
Responsible for:
- Set up the financial and accounting policies.
- Contact Banks, suppliers.
- Managing Bank facilities & loans.
- Liaising with auditors and GM to ensure annual monitoring is carried out and to ensure financial operations are adhering to external audit requirements.
- Tax Plan.
- Monthly Dashboard ( Financial Reports, Financial Analysis, Break-Even performance, Statistics charts and reports)
- Monitor budget allocations, expenditures, fund balances and related financial activities for the purpose of ensuring that allocations are accurate, revenues are recorded, expenses are within budget limits and/or fiscal practices are followed.
- Financial Projection Plan.
- Assessment of Internal Control.
- Supervising and monitoring all accounts and finance transactions.
- Feasibility studies for the new projects, Investments
- Supervise Credit / Collections.
- Supervision of payroll for both staff and seasonal staff.
- Communication with all related parties, Income tax Dep., Partners, Custom Duty.
- Participated in a study to acquire Tanta flax and oil Company.
Extensive experience in auditing a range of client segments in various industries : Construction, Media, Hospitals, real stat, Manufacturing, Investment, Hotels, Education, Services and Trading.
Responsibilities was :
- Assurance, Compliance, Review and Attestation Services.
- Financial Analysis Services.
- Examine companies Internal Control System.
- Board meetings for the presentation of the Financial statement and audit report.
- Tax Consultation.
- Book keeping and out sourcing Services.
- Design, Implement the documentary system and Financial & Accounting policies and procedures.
- Accountants Training Services.
- Supervise the feasibility studies Services.
- Promotes high-performance teamwork to ensure timeliness and quality of deliverables.
- Assurance, Review Services.
Accounting, business administration business law, cost accounting, feasibility studies, marketing, finance
