Finance Manager
Masaraat Holding group., Riyadh, KSA (Responsible for three companies Masaraat Holding, ICS, MISCO
مجموع سنوات الخبرة :25 years, 11 أشهر
• Managing treasury and cash flow
• Managing financial forecasting and budgeting
• Managing and implementing financial controls
• Managing and mentoring a team of finance professionals
• Communicating and presenting financial information to the board of directors
• Identifying and implementing process improvements to enhance efficiency and performance.
• Managing and implementing financial systems and software
• Managing relationships with external stakeholders such as banks, investors, and auditors
• Managing financial risk
• Managing regulatory compliance.
• Managing and analyzing financial data to provide valuable insights and support business decision-making.
• Developing and implementing financial strategies to support company growth and expansion.
• Leading and managing financial projects such as mergers and acquisitions, divestitures, and financing activities.
• Managing tax compliance and filing of tax returns.
• Developing and maintaining financial models and tools to support forecasting and budgeting.
• Managing financial compliance with laws and regulations such as GAAP, IFRS, and SOX.
• Managing the financial aspects of special projects such as expansions, new product launches, and IT projects.
• Building and maintaining relationships with financial institutions and investors.
• Providing training and support to finance team members and other departments on financial matters.
• Continuously monitoring and analyzing the company's financial performance and identifying areas for improvement.
• Managing and implementing cost-saving measures to improve the company's bottom line.
• Supporting the development and maintenance of financial databases and systems.
• Collaborating with other departments such as sales, marketing, and operations to ensure financial targets are met.
• Led risk management efforts to protect the company's financial well-being and enhance systems for compliance and legal concerns.
• Developed and executed strategic business plans to achieve accounting, compliance, and revenue targets, and provided advice to executive leaders on financial growth strategies.
• Implemented policies and procedures to improve productivity and maximize return on investments.
• Built and deployed strategies to achieve company vision and enhance tactical operations, and directed all financial activities including budget development, recordkeeping systems, and investment management.
• Negotiated contracts and secured financing for diverse business projects.
• Collaborated with the audit team to prepare accounts, documentation, and conduct audits according to regulatory requirements.
• Devised forward-thinking initiatives to drive corporate vision and outperform revenue targets and developed performance optimization strategies to enhance company objectives.
• Assessed company resources and made adjustments to keep operations efficient and cost-effective.
• Analyzed company financial information and oversaw preparation of financial reports for stakeholders.
• Managed all financial operations company-wide, including budgets, payroll, accounts payable, and accounts receivable.
• Negotiated and approved all supplier and distributor agreements.
• Conducted detailed analysis of operational issues and implemented corrective action plans to improve profitability and efficiency.
• Developed strategies for monitoring, evaluating, and tracking operational achievements.
• Analyzed operational performance and efficiency to identify and implement cost reduction initiatives and process improvements.
• Oversaw all production, pricing, sales, and distribution activities.
• Developed future financial plans to support company objectives.
• Manage financial risks, including foreign exchange, interest rate, and commodity risks.
• Develop and implement financial reporting systems to provide accurate and timely financial information to management and stakeholders.
• Utilize financial modeling techniques to evaluate strategic business decisions and assess potential impact on financial performance.
• Develop and manage financial forecasting and budgeting processes, including preparing and analyzing financial reports, identifying trends, and making recommendations for improvement.
• Manage and oversee the preparation of financial statements, including balance sheets, income statements, and cash flow statements.
• Develop and implement financial controls, including internal audit procedures and risk management systems.
• Coordinate and lead the annual audit process, including working with external auditors to ensure compliance with accounting standards and regulations.
• Develop and maintain financial policies and procedures to ensure compliance with legal and regulatory requirements.
• Review and advise on contracts, agreements, and other legal documents to ensure compliance with financial policies and regulations.
• Monitor and analyze financial market trends and assess potential impact on the organization.
• Lead and participate in financial audits, reviews, and financial statement preparation.
• Provide insight and recommendations to improve financial performance and reduce costs.
• Ensure compliance with all tax laws and regulations.
• Collaborate with other departments and divisions to identify opportunities for cost savings and process improvement.
• Provide strategic financial guidance to executive management to support decision-making and long-term planning.
• Manage and mentor a team of financial professionals to develop their skills and knowledge in financial management.
• Communicate effectively with internal and external stakeholders, including board members and investors.
• Develop and maintain financial policies and procedures to ensure compliance with legal and regulatory requirements.
• Review and advise on contracts, agreements, and other legal documents.
• Develop and maintain financial forecasting and budgeting models.
• Monitor and analyze financial market trends and assess potential impact on the organization.
• Lead and participate in financial audits, reviews, and financial statement preparation.
• Provide insight and recommendations to improve financial performance and reduce costs.
• Ensure compliance with all tax laws and regulations.
• Assessed expansion plans and presented cost-benefit analysis to recommend changes and forecast trends.
• Built and maintained key industry partnerships to drive collaboration, engagement, and revenue stream development.
• Created and maintained financial reports and data using ERP systems.
• Identified and implemented improvements to internal controls and accounting procedures.
• Analyzed financial statements against forecasts to prepare high-level variance analysis and identify trends.
• Performed spending analysis and refined policies to develop recommendations for improvement.
• Provided training and mentorship to new and existing staff members on financial procedures and best practices.
• Developed and executed strategic plans for day-to-day financial operations.
• Evaluated applications and recommended adjustments to ensure compliance with organizational standards and policies.
• Executed core financial processes, including vendor setup and payment, operational expenses, bank account management, and account reconciliations.
• Created and maintained organizational structures to improve accounting and finance functions.
• Analyzed competitor data and statistics to develop business investment strategies and drive growth.
• Collaborate with other departments to provide financial guidance and support.
• Communicate financial information to the board of directors and other stakeholders.
• Identify and mitigate financial risks.
• Continuously improve financial systems and processes
• Represent the company in financial negotiations or deals.
• Oversee tax compliance and filing.
• Develop financial strategies to reduce costs and increase revenues.
• Led financial forecasting and budgeting efforts to inform expansion plans and identify areas for cost savings.
• Established and nurtured industry partnerships to drive revenue growth and collaboration.
• Analyzed competitor data to inform business investment strategies and drive growth.
• Implemented process improvements and cost-saving measures to increase profits.
• Trained and mentored staff on financial procedures and best practices.
• Overseen Accounts Receivable, ensuring timely collection of payments and resolution of overdue invoices.
• Managed payroll for a large workforce, including auditing, balancing, and reconciling payroll records.
• Developed forecasting tools and analyzed revenue variances to inform strategic decision-making.
• Networked with local businesses to identify and capitalize on new opportunities.
• Led all operational functions, including account openings, trades, documentation, regulatory compliance, and marketing.
• Led improvements in internal controls and accounting procedures.
• Collaborated with IT, business development, and operations leadership to develop financial business plans.
• Developed strategic plans to optimize day-to-day financial operations.
• Conducted spending analysis and recommended policy changes to improve financial performance.
• Monitored industry forecasts and adjusted budgets and marketing strategies to maintain revenue growth.
• Consulted with regulatory agencies to ensure compliance with all applicable laws and regulations.
• Ensured compliance with internal policies and controls.
• Streamlined financial reporting processes to improve overall reporting accuracy and efficiency.
• Reviewed and evaluated applications for compliance with established specifications.
• Managed core financial processes, including vendor payments, operational expenses, bank account administration, and account reconciliations.
• Developing and implementing financial policies and procedures to ensure compliance with accounting standards and regulations.
• Overseeing and managing the accounting team and providing guidance and training to team members
• Managing financial reporting and analysis activities, including the preparation of financial statements and other reports
• Identifying and assessing financial risks and implementing strategies to mitigate them.
• Managing and maintaining financial systems and software
• Participating in financial audits and ensuring that the organization is in compliance with audit requirements.
• Building and maintaining relationships with external stakeholders such as banks, auditors, and tax authorities
• Collaborating with other departments and managers to provide financial support and advice.
• Identifying areas for cost savings and process improvement and implementing change to achieve these goals.
• Keeping up to date with changes in accounting standards and regulations and ensuring that the organization is compliant.
• Established and optimized accounting systems and procedures to align with business objectives and enhance operational efficiency.
• Conducted advanced analyses of business performance and future obligations to generate accurate forecasts.
• Assessed and strengthened the accuracy and completeness of financial records.
• Reconciled balance sheets and developed best practices for balance sheet management.
• Led year-end closing processes in collaboration with controllers and external auditors.
• Investigated and resolved discrepancies in financial documents and accounts.
• Negotiated capital requirements with bank representatives.
• Prepared financial documents such as variance reports, regulatory filings, and schedules.
• Coordinated monthly general ledger closing activities including journal entries and reconciliations.
• Composed financial statements and consolidations following general ledger account reconciliation.
• Monitored and recorded all expenses.
• Reduced invoicing and receivable cycle times by implementing streamlined billing systems.
• Analyzed financial audit results and made recommendations for improvement.
• Reviewed budgets, including capital appropriations and operating budgets, and reported findings to senior management.
• Preparing and reviewing financial statements, such as balance sheets, income statements, and cash flow statements
• Managing the general ledger and ensuring that all transactions are recorded accurately.
• Managing and overseeing the work of junior accountants
• Participating in the development and implementation of accounting policies and procedures
• Supporting the financial forecasting and planning process
• Collaborating with internal and external auditors to ensure compliance with accounting regulations.
• Providing financial guidance to other departments and senior management
• Identifying and implementing process improvements to increase efficiency and accuracy of financial reporting.
• Keeping abreast of new accounting regulations and standards to ensure compliance.
• Tax compliance: ensuring compliance with tax laws and regulations and preparing and filing tax returns.
• Treasury management: managing cash flow and working with banks to ensure that the organization has adequate funding.
• Cost accounting: analyzing costs and developing cost-saving strategies.
• Financial modeling: creating financial models to forecast future performance and inform strategic decision-making.
• Fraud detection: identifying and preventing financial fraud.
• External reporting: preparing reports for external stakeholders such as investors, regulators, and creditors.
• Mergers and acquisitions: leading due diligence and integration efforts for mergers and acquisitions.
• Contract review: reviewing contracts to ensure compliance with financial regulations and to identify potential financial risks.
• IT systems: managing and maintaining financial systems and software to ensure that they are up to date and functioning correctly.
Bachelor of Science in Finance and Accounting - Cairo University (1994-1998) Certificate in International Financial Reporting (IFRS) from ACCA (2017) Self-study in Certified Management Accountant (CMA) and Certified Financial Manager (CFM)
لقد تم حذف الرابط بسبب انتهاكه لسياسة الموقع. يرجى التواصل مع قسم الدعم لمزيد من المعلومات.