Financial Manager
Eco Care Company Saudi Arabia
Total years of experience :16 years, 8 Months
Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition
Coordinating and directing the preparation of the budget and financial forecasts and report variances
Coordinate and direct the preparation of the budget and financial forecasts and report variances.
Preparing and publishing timely monthly financial statements
Coordinate the preparation of regulatory reporting
Research technical accounting issues for compliance
Support month-end and year-end close process
Ensure quality control over financial transactions and financial reporting
Manage and comply with local, state, and federal government reporting requirements and tax filings
Develop and document business processes and accounting policies to maintain and strengthen internal controls
Additional controller duties as necessary
Handling all daily financial transactions according to the company rules & policies, ensure all financial reporting deadlines are met.
Ensure timely monthly closing of accounts and made the adjustment entries.
Issuing monthly financial statement that include Income Statement, Balance Sheet and Cash flow.
Making & Review payment vouchers & journal entries.
Prepare annual budget and issue monthly Actual vs Budget report.
Providing and interpreting financial information
Follow-up, record and monitor the movement of Treasury.
Monitoring and interpreting cash flows and predicting future trends
Researching and reporting on factors influencing business performance
Developing financial management mechanisms that minimize financial risk
Managing a company's financial accounting, monitoring and reporting systems\
Producing accurate financial reports to specific deadlines
Forecast cash flow positions, related borrowing needs, and available funds for investment ensuring that strong financial controls and procedures are in place.
Making & reviewing Monthly bank reconciliations.
Assisting with budgets and forecasting.
Interpreting cash flows and predicting future trends.
Identifying the potential for making financial savings.
Management of Zakat and VAT reporting and compliance.
Handling and resolving financial queries.
Ensuring that strong financial controls and procedures are in place.
Analyzed cost finding and make recommendations to reduce cost.
Support external auditors on local statutory audit reporting which includes preparation of local statutory audit reports in accordance with local accounting standards.
Ensured that internal controls are properly maintained across the Group as a whole.
Manage and oversee the daily operations of the accounting department and Ensure proper recording and accuracy of all transactions.
Assist the General Manager of Corporate Finance and Manage six accounting staffs in timely and accurate execution of the daily accounting processes of YAGHMOUR , such as accounts payable and receivables, financial closing & consolidations, maintaining chart of accounts, Monitoring payroll, reconciliations, maintaining records of petty cash and controlling fixed assets register.
Manage all finance functions including accounting, margin reporting, sales & cash audit, payroll, merchandise payable, expense payable, treasury and planning & analysis.
Overall responsibility for credit and Budget control for all expenses for all department.
Budget follow-up and analysis differences between actual and budgeted and stand on the causes.
Arrange new sources of finance for a company's debt facilities.
Preparation of periodic financial reports (balance sheets, profit and loss statements).
Supervise, examine and analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
Manage invoicing and the collection of receivables and payments; verify all vendor invoices and prepare for approval
Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
Controlling income, cash flow and expenditure.
Works with the senior management to ensure the business is appropriately capitalized and to minimize overall taxes.
Manage relationship with external auditors and preparation of local statutory accounts.
Analyzes results of operations, isolating non-operating income & expense items to provide a clear picture of profits from operations.
Conducting reviews and evaluations for cost-reduction opportunities.
Managing a company's financial accounting, monitoring and reporting systems.
Dealing with banks, external auditors, top management and any other third parties.
Develop & Projects Evaluation and advised the owner,
Contribution in deriving and preparing company strategic plan.
Managing financial ERP systems/models.
Conduct comprehensive financial audits and agreed-upon procedures.
Perform analytical procedures/analyses to detect unusual financial statement relationships.
Perform internal control and substantive testing.
Identify and communicate accounting and auditing matters to manager.
Propose adjusting journal entries and discuss audit findings with clients.
Prepare lists and confirmation requests.
Document audit procedures and cross-reference work papers.
Create management representation letter comments and recommendations and draft audit reports for management review.
Prepare financial statements (Balance sheet, income statement, equity statement and cash flow statement) and related notes according to the international financial reporting standards (IFRS, US GAAP and SOCPA).
Review and prepare consolidated financials and adjusting entries and all related notes.
Delivered quality work through rigorous review of audit team work papers and results.
Maintained effective time management while simultaneously worked on several projects/clients
Note
As Senior Auditor, I have not only gained auditing and accounting knowledge and practical experience but it has greatly contributed to my leadership skills, engagement management skills and business skills (including client relationships). My audit experience has contributed significantly to my knowledge of several industries (Airline, telecommunications, transportation, investment, manufacturing, construction and real estate, trading and hotels) and the economy in general.
Maintained relationships with external clients and arrange required financial data to perform and complete fieldwork efficiently.
Performed physical inventory observations in order to evaluate inventory levels and identified potential damaged or obsolete inventory.
Performed testing procedures on cash, fixed assets, accounts receivable, intangible assets, prepaid expenses, accounts payable, deferred revenue, accrued liabilities, revenue, and expenses.
Researched accounting guidance to determine if financial statements are in accordance with generally accepted accounting principles.
Performed detailed tests of transactions for significant account balances.
Updated management communication letters, actively communicated with clients for requests/questions, and researched new audit guidance.
Performed walk-throughs to understand financial reporting systems and to identify internal controls that reduce the risk of material misstatement of financial results.
Ensured accuracy of supporting schedules provided by the client and appropriately agreed them to the account balances.
Utilized detailed analytical procedures to analyze income statement and balance sheet accounts.
I was responsible for applying the audit procedures on a wide range of clients in different sectors; therefore, I achieved wide experience in different areas of audit and accounting profession.
Preparations accounting audit and control reports by collecting, analyzing, and summarizing operating information and trends.
Ensures compliance with established internal control procedures by examining records, reports, operating practices, and documentation.
Verifies assets and liabilities by comparing items to documentation.
Completes audit works by documenting audit tests and findings.
Appraises adequacy of internal control systems by completing audit questionnaires.
Maintains internal control systems by updating audit programs and questionnaires; recommend new policies and procedures.
Communicates audit findings by preparing a final report; discussing findings with audit
