Senior Financial Manager
H2A Medical Solutions
Total years of experience :22 years, 3 Months
• Perform business analytics to support management decision on sales negotiation and revenue risk management
• Attend relevant meetings and provides Finance viewpoint on territory financial performance and strategy
• Report and provide P&L analysis as well as support period close cycles
• Manage the local Management Accounting team including recruitment, training and development and performance management
• Develop monthly/quarterly management and BoD reports regarding the underlying performance of the business, leading indicators, and key metric
• Partner with the business during the quarter to manage the financial commitments of the company. Make sound recommendations for improving performance
• Provide strategic financial and operational insights utilizing recurring performance reports, ad-hoc analysis and performance reviews
• Developed operating budget and allocation to maintain high expense to revenue ratio and ensure limited loss liability
• Provide financial reports and interpret financial information to partners
• Provides support and input to project financial planning processes including monitoring progress.
• Contract outside services for tax preparation, auditing, banking, and other financial needs as necessary.
• Liaises with the auditors to ensure compliance with relevant statutory requirements and standards.
• Continually reviews work practices and procedures for better operational efficiency; and potential issues in accounts, financial processes and controls and proactively raise management attention to act and resolve
• Monitor the day-to-day financial operations within the project, such as payroll, invoicing, and other transactions
• Oversee financial department employees, including financial assistants and accountants
• Engage in ongoing cost reduction analyses in all areas
• Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making
• Review financial data and prepare monthly and annual reports
• Present financial reports to board members of the project
• Establish and maintain financial policies and procedures for the project
• Understand and adhere to financial regulations and legislation.
Lead the development and implementation of an internal risk based audit strategy and annual plan for the group.
Responsible for developing and leading the Internal Audit service in a professional manner which seeks to ensure that it is effective and commands a high standard of respect both internally and externally.
Plan and conduct audits to assess controls, operational and technical efficiencies and compliance with selected policies, procedures and regulations.
Design, implement, test and modify controls in specific organization systems, to provide assurance of operational and technical efficiency at the corporate level.
Participate in various committees or task forces geared to policy/procedure development and operational improvements.
Provide leadership to the department staff and Supervise and manage their performance and development in line with the Company’s goals, objectives, policies and regulations.
Promote the highest standards of ethics and standards across the Company based on the principles of integrity, objectivity, competence and confidentiality.
Review the adequacy of key corporate arrangements including such as risk strategy, risk register, anti-fraud and corruption strategy, corporate plan.
Provide an objective and evidence based opinion on the adequacy and effectiveness of all aspects of EIMC’s governance, risk management and internal control.
Prepare and present accurate internal audit reports for consideration of the audit committee and the board.
Report on internal control issues and the implementation of the internal audit plan to senior management and the Board of Directors.
• Responsible for a large portfolio of multi-national and listed Saudi clients.
• Meeting with clients Board of Directors, Audit Committee and Shareholders to discuss the financial reporting implications of their businesses and aligning business aspirations to reporting requirements.
• Responsible for audit, review, special assignments, agreed-upon procedures of leading companies in Saudi Arabia.
• Participating in setting out the budget for the Audit department
• Setting internal policies for work
• Evaluating the staff continuously and putting performance improvement plans
• Managing multiple concurrent audit engagements with professional staff and clients and leading the preparation of audit reports. Fully responsible for audit jobs from start to finish - including planning, fieldwork and finalization - and reporting directly to a partner.
• Planning process for jobs to include materiality determination, identification of risks, design of fieldwork tests applicable to the specific client, elements of timetabling and budgeting.
• Organizing and overseeing the planning, execution and completion of audit assignments.
• Supervise the understanding of accounting cycles, design and implementation of controls in place, testing operating effectiveness of controls, identifying control weakness points and proposing effective control activities.
• Coordination of audit requirements and discussions with the client.
• Maintaining productive working relationships within the team and with the client.
• Concluding & summarizing audit findings and hold clearance discussions with the partner and the client.
• Monitoring the progress of audits including performance versus budget, identification of any problem areas encountered and keeping management information of progress
• Review the statutory account preparation for audit clients, including review of disclosure checklists, to ensure that all relevant financial statement disclosures are correct
• Keeping up to date with KPMG's product and service offerings and identifying business opportunities within client base
• Manages general client problems that occur, liaising with directors and partners on more complex issues and supports team members with basic client concerns
• Planning and carrying out audit field work, statutory reporting and completion work for companies active in the Financial Services/Industry sector;
• Perform detailed audit procedures including understanding the flow of the transactions for tested cycles, testing the controls environment for the following accounts and cycles: Treasury, payroll, fixed assets, revenue and receivable, inventory, general and administrative expenses, financing expenses and credit interest.
• Supervising and coaching junior members of staff;
• Preparing an audit file in accordance with the International Standards on Auditing (“ISA”) and Deloitte's standards.
• Preparing a report outlining the findings from your audit work. Keeping managers and partners up to date with progress of the audit;
• Visiting clients on-site and being a point of contact for the client throughout the year;
• Keeping up to date with Deloitte's product and service offerings and identifying business opportunities within client base;
• Participating in preparing financial statements and related disclosures.
• Planning and carrying out audit field work, statutory reporting and completion work for companies active in the Financial Services/Industry sector;
• Perform detailed audit procedures including understanding the flow of the transactions for tested cycles, testing the controls environment for the following accounts and cycles: Treasury, payroll, fixed assets, revenue and receivable, inventory, general and administrative expenses, financing expenses and credit interest.
• Supervising and coaching junior members of staff;
• Preparing an audit file in accordance with the International Standards on Auditing (“ISA”), Egyptian Standards on Auditing (“EAS”) and Deloitte's standards.
• Preparing a report outlining the findings from your audit work. Keeping managers and partners up to date with progress of the audit;
• Visiting clients on-site and being a point of contact for the client throughout the year;
• Keeping up to date with Deloitte's product and service offerings and identifying business opportunities within your client base;
• Participating in preparing financial statements and related disclosures.
• Auditing of cash box Custodian work
• Preparing Custody Reimbursement Reports
• Making all Entries
• Inventory Control Physically and Financially
• Preparing Purchase request & Approve
• Preparing all documents related to purchasing (Purchases Package) which contain PR, PO, Vendor invoice and Receiving Report, Then approve Payment Request to issue the check
• Follow up of Return invalid items to vendor and follow with ordering party.
• Follow up shipments with ordering party.
• Follow up collections
• Preparing invoices.
• Preparing Reports to follow the operations
• Preparing Commissions' sheets
• Preparing All entries
• Make analytics for sales, collections and items
• Preparation physical count for assets
• Prepare monthly financial position statement, Income statement and cash flow statement with cooperation of all accounting team
Auditor Arthur Andersen Egypt (Allied Accountant) Oct 2001-Sep2002
• Duties, responsibilities, achievements and results etc.
• Auditing and designing work flow cycles
• Auditing all entries.
• Preparing financial statements
• Working in many sectors epically banking sector
• Auditing many departments in banks
• Auditing many types of companies Corporations, LLC, LLP…etc
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