Finance Director
Engineering & Technical Services Co (TAQNIA)
مجموع سنوات الخبرة :28 years, 3 أشهر
Directed, Supervises, and leads staff of seven. Reported to GCFO, supporting more than 200 employees. Ensured cohesive financials, strategic, and operation plans. Financial forecasting, analysis, and performance measurement.
Prepare and compile management reports and consolidations.
Supports management with financial analysis and timely reporting of financial results.
Completed and managed annual budgeting and monthly financial reporting.
Reviewing and preparing monthly commentary, variance analysis, and presentations for senior management.
Maintain adequate reserve fund, manage cash flow and cash projections.
Preparation of periodic forecasts for income and expenses.
Implemented accounting closing procedures, reserve accounting calculations, and capital approval procedures.
Negotiating, dealing with financial institutions to avail banking facilities required for the business
Handling monthly, quarterly and annual closes, annual budgets, forecast, while troubleshooting various accounting and control issues.
Identified key performance indicators (KPI) and investigation of key variances.
Setting check-lists and agreed monthly deadlines for accounting related tasks and report submissions..
Management of the day-to-day finance activities.
Investment planning and evaluation of ROI.
Directed AP, AR, FA, Provisions, Prepayments, reconciliations with GL balances.
Increased productivity and morale by clarifying roles, bringing in new staff, and eliminating the need for overtime.
Responsible for Chart of Accounts harmonization.
Liaising with internal & external auditors and coordinate year-end audit process.
Support the company ERP roll-out and harmonization by defining accounting requirements and by providing functional input
Supervises, leads, and supports staff of 2. Reported to CFO. Budget preparation, prepares monthly, quarterly, and annual reports, summarizing and forecasting company business activities and financial position in areas of income, expenses, and earnings based on past, present, and expected operations, led annual budgeting.
Completed and managed annual budgeting and monthly financial reporting.
Working with senior management to address margin control, labor planning.
Monitoring of policies, practices and procedures to ensure adequate financial and internal controls are maintained.
Investment planning and evaluation of ROI.
Responsible for reviewing and approving all department budgets and to guide their role in preparing their own budget.
Preparation of periodic forecasts for income and expenses.
Provided strategic advise to senior management in matters of finance, business development and investments.
Managed monthly analytical and accounting reporting including variance analysis and commentaries, and presentations for senior management.
Conducting reviews and evaluations for cost-reduction opportunities.
Ensure transactions impacting the financial reports are properly monitored, controlled and posted to GL
•Preparation and analysis of monthly, Balance Sheet, Income Statement & Statement of cash flow Assist the Finance Director in the preparation and analysis of Management reports, Dealings with Internal and External Auditors;
•Accounts Payable Management ( Material Requisition/ Purchase Order/Suppliers’ Invoices/Check Payments/ Bank Transfers );
•Accounts Receivable Management ( Clients’ Statements of Account, Follow- ups and Collections);
•Preparation and Payment of Monthly Payroll and GOSI;
•Cashiering function as Petty Cash Custodian
•Supervises the General Accountant’ Work (Analysis and Recording of Disbursement; Analysis and Recording of cash Receipt, Accounts Schedules for Accruals, Prepayments, Provisions, Fixed Assets and Deprecations; Filing Systems)
Preparation and analysis of monthly, Balance Sheet, Income Statement & Statement of cash flow.
Assist the finance manager in the preparation and analysis of management reports.
Dealings with internal and external auditors.
Accounts payable management (purchase requisition/ purchase order, invoices/check payments).
Accounts receivable management (customer’s statements of account, follow- up collections).
Analysis and booking of disbursement, cash receipt, bank transfer, accruals, prepayments, provisions, fixed assets acquisition and FA deprecations
Extensively experienced and goal-oriented Finance Director with over 20 years of progressive experience in finance and operations management, accounting, budgeting, financial report analysis, and forecasting. Proven expertise in driving efficiency and productivity through evaluating financial management systems and implementing process improvements. A talented leader directing highly skilled financial management teams to support the achievement of overall corporate goals and objectives. Core competencies include: - Strategic Business Planning & Execution - Application & implementation of IFRS - Financial Analysis & Reporting - Cash Management - Budgeting & Forecasting - Fiscal Accountability and P&L Management - Mergers, Acquisitions & ERP system integration - Risk Management and Performance Metrics - Internal Control & Regulatory Compliance - Financial Modeling
Functional competencies Strategic management Risk management and governance Performance management Performance measurement Financial management Financial reporting Enabling competencies Problem solving and decision making Leadership and group dynamics Professionalism and ethical behavior Communication
Promotes and applies professional ethics - Internal audit management: Develops and manages the internal audit function - IPPF: Applies the International Professional Practices Framework (IPPF) - Governance, risk and control: Applies a thorough understanding of governance, risk, and control appropriate to the organization - Business acumen: Maintains expertise of the business environment, industry practices, and specific organizational factors - Communication : Communicates with impact - Persuasion and collaboration: Persuades and motivates others through collaboration and cooperation - Critical thinking: Applies process analysis, business intelligence, and problem solving techniques - Internal audit delivery: Delivers internal audit engagements - Improvement and innovation: Embraces change and drives improvement and innovation
CFC holder 2009-08 (Certified Finance Consultant USA) Studying for Certified Public Accountant CPA for exam.
Bachelor Degree of Commerce, in Accounting