Finance Manager
Government Investment Management Company (GIMC)
Total years of experience :15 years, 3 Months
➤ Perform financial forecasting, reporting, and operational metrics tracking.
➤ Analyze financial data and create financial models for decision support.
➤ Report on financial performance and prepare for regular leadership reviews.
➤ Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements.
➤ Evaluate financial performance by comparing and analyzing actual results with plans and forecasts.
➤ Provide analysis of trends and forecasts and recommend actions for optimization.
➤ Conducting thorough research to examine the performance of stocks and bonds as well as check profit and loss ratios.
➤ Compile advisory reports and make informed recommendations on new investment opportunities and funds that could enhance or diversify portfolios.
➤ Documenting financial research summaries, and preparing comprehensive reports by compiling the collected data.
➤ Recommend actions by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials.
➤ Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards.
➤ Increase productivity by developing automated reporting/forecasting tools.
➤ Perform market research, data mining, business intelligence, and valuation comps.
➤ Maintain a strong financial analysis foundation creating forecasts and models.
➤ Oversee various accounting operations.
➤Create financial modules where and when needed.
➤ Manage Billing, Accounts Receivables, Accounts Payables, Cost Accounting, Inventory Accounting and Revenue Recognition.
➤ Identify accounting and financial issues and suggest timely solutions.
➤ Finalize the month-end and year-end close process.
➤ Manage quality control over financial transactions and reporting.
➤ Manage the budgeting and forecasting.
➤ Produce financial statements as requested.
➤ Coordinate the preparation of regulatory reporting.
➤ Develop and adhere to policies and procedures.
➤ Ensure timely and accurate filing & paying of VAT / withholding taxes and minimize / avoid penalties.
➤ Contributes financial information for strategic planning and reviews; resolving problems; identifying system and process Improvements.
➤ Review and record the charge out and charge in costs between branches.
➤ Record, report and assist in timely and accurate forecasting of all financial transaction.
➤ Ensure timely and accurate filing & paying of withholding taxes and minimize / avoid penalties.
➤ Document and understand data needs of finance system requirements, which may include procure to pay, fixed assets, revenue recognition, cash and financial close.
➤ Assist and train finance and accounting team members on how to use the system which includes providing guidance to the team on existing tools, as well as assist them with researching issues.
➤ Report, write, and document desktop and system procedures.
➤Research, implement, and support new finance system implementation when necessary.
➤ Assist team members in solving problems relating to their tasks, which may relate to system implementation and production.
➤ Review, maintain, and suggest modifications as appropriate, to the current procedures and processes.
➤ Assist with finance and audits cum other outside accounting requirements when needed.
➤ Execute other projects and duties that may be assigned.
My work was In Jordan and remotely for UAE Providing financial consulting, Accounting, ERPs support and taxes services for small companies, restaurants, shops and individuals.
RESPONSIBILITIES:
➤ Manage and lead the holding company accounts.
➤ Manage and support the accounting team.
➤ Review and approve all payment, L/Gs, L/Cs, and bank reconciliations.
➤ Prepare the consolidated financial statements for the group, calculate annual Zakat for the company and subsidiaries.
➤ Control/setup the budgeted revenues and costs for tenders.
➤ Monthly & yearly closing.
➤ Follow up the investments in associates and joint ventures companies.
ACHEIVEMENTS:
➤ Saved SR. Five Million by reviewing an old construction project for the company.
➤ Finalize the financial statements for the group.
RESPONSIBILITIES:
➤ Lead the accounting department and the team, review and approve their work.
➤ Review and manage all trial balance account/AP/AR/salaries/ inventory stocktaking/fixed assets/monthly & yearly closing.
➤ Review and analyze all balance sheet account.
➤ Prepare and present monthly financial reports & performance reports for the management and owners.
➤ Review and track the annual budget on a monthly base/analyze the differences and report it to the management.
ACHEIVEMENTS:
➤ Preparing the banks reconciliations for 10 bank accounts for the past five years and did the necessary corrections in the books to make sure that all bank balances are tally with the banks statements.
➤ Increasing the scrape sales revenue more than 100K Saudi Riyals.
RESPONSIBILITIES:
➤ Lead the accounting department from A to Z, .
➤ Manage AR/AP/GL/cost centers/ intercompany transactions/cash & banks.
➤ Responsible for the monthly closing.
➤ Responsible for leading, direction, coaching, and evaluation the accounting team in the center.
• Monitor and manage CAPEX/OPEX with Budget.
ACHEIVEMENTS:
➤ Establishing and building the accounting department for Taef center.
RESPONSIBILITIES:
➤ Made sure that the costs accurate and coded correctly by GL Account code, cost element, and project.
➤ Ensure that all accounting entries are supported by required documents and approvals.
➤ Responsible for AP/AR/GL/quarterly closing and reporting.
➤ Verify and record employees related expense claims in line with company policy and procedures.
➤ Maintains and manage treasury effectively by monitoring bank balances and cash.
➤ Resolve the accounting issues and maintain compliance with Jordanian tax law & social security law.
➤ Review accounts for provisions, accruals, prepayments and other accounts for quarterly closing, MI reports.
➤ Review and record the charge out and charge in invoices for the shared services.
ACHEIVEMENTS:
➤ Finalize the tax & VAT audit with Jordanian Government for four years with Zero penalties.
➤ ➤ Short assignment with GE - Jordan to finalize accumulated financial work in the company.
RESPONSIBILITIES:
➤ Classify, summarize and record the accounting transactions according with generally accepted accounting principles.
➤ Handling banks, fixed assets, cost centers, receivables, payables, treasury, invoicing and payroll.
➤ Responsible closing and prepare the financial statements (Trial balance, income statement, balance sheet) on a monthly base.
➤ Responsible for All bookkeeping and accounting transactions A/P, A/R. G/L, bank reconciliations / fixed assets, monthly and yearly closing / monthly reporting for all financial statements, Tax audit.
➤ Finalize the income tax audit with government for four years.
General Accountant
Very Good
Very Good