Finance Director
Confidential
مجموع سنوات الخبرة :28 years, 5 أشهر
1. Monitor, manage and control financial activities and details including inter-company allocations, account charting, consolidation, cash budgets and reserve levels.
2. Establish and maintain financial policies and procedures, in compliance with Board directives, government policies and directives, and current accounting standards.
3. Monitor, manage and analyze monthly, quarterly and annual financial reports, business activity reports, financial position forecasts, annual budgets, or reports as per company directives and/or regulatory requirements.
4. Establish and maintain procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.
5. Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
6. Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters.
7. Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
8. Ensure that all financing need are met at the most optimum cost.
9. Review and approve departmental budget/plans and coordinate the annual planning and budgetary process in liaison with CEO.
10. Assist in performing all tasks necessary to achieve the organization's mission and help execute staff succession and growth plans.
11. Work with the CEO on the strategic vision including fostering and cultivating Owners relationships on city, state, and national levels, as well as assisting in the development and negotiation of contracts.
12. Participate in developing new business, specifically: assist the CEO in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service delivery.
13. Assess the benefits of all prospective contracts and advise the Executive Team on programmatic design and implementation matters.
14. Attend Board and Subcommittee meetings; including being the lead staff on the Audit/Finance Committee.
15. Coordinate audits of company accounts and financial transactions to ensure compliance with government requirements and statutes.
16. Investigate cost-effective benefit plans and other fringe benefits which the organization may offer employees and potential employees with the goal of attracting and retaining qualified individuals.
17. Assist in the design, implementation, and timely calculations of wage incentives, commissions, and salaries for the staff.
18. Oversee Accounts Payable and Accounts Receivable and ensure a disaster recovery plan is in place.
19. Oversee business insurance plans and health care coverage analysis.
20. Oversee the maintenance of the inventory of all fixed assets, including assets purchased with government funds (computers, etc.) assuring all are in accordance with federal regulations.
21. Other work assigned by Higher Management.
•Monitor, manage and control financial activities and details including inter-company allocations, account charting, consolidation, cash budgets and reserve levels.
• Oversee the cash flow or financial instruments, and manage the issuing and flow of banking notes, guarantees and credits.
•Prepare monthly, quarterly and annual financial reports, business activity reports, financial position forecasts, annual budgets, or reports as per management directives and/or regulatory requirements.
•Prepare and file annual tax returns.
• Establish and maintain financial policies and procedures, in compliance with management directives, government policies and directives, and current accounting standards.
•Develop and maintain relationships with banking, insurance, and non-organizational accounting personnel to facilitate financial activities.
•Establish procedures for custody or control of assets, records, loan collateral, or securities to ensure safekeeping.
•Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties.
•Monitor and evaluate the performance of accounting and other financial staff, recommending and implementing personnel actions, such as promotions and dismissals.
•Delegate authority for the receipt, disbursement, banking, protection, and custody of funds, securities, and financial instruments.
•Conduct or coordinate audits of company accounts and financial transactions to ensure compliance with government requirements and statutes.
•Receive, record, and authorize requests for disbursements in accordance with company policies and procedures.
•Other duties as assigned.
Ensuring internal controls are place and the adequacy of ongoing routine of the accounting departments and ensuring internal controls are place.
The monthly accounting financial packages, ensuring adequacy and accuracy of information presented to management.
Participate in development and implementation of financial policies and procedures.
Analyze budget variances and provide commentary after seeking justification from the business unit heads.
All treasury functions including preparation of cash flow forecast.
Authorize and approve all payments of cash, check and transfer.
Banks facilities deals.
Ensure compliance with reporting requirements, including compliance with taxation and sales tax legislation.
Ensure proper recording and timely closing.
Maintain liaison with banks, auditors, and other financial advisors.
Participate in all Deals with all Vendors.
I.T supervising
Automotive & Manufacturing Sector Finance Manager
- Managing finance department of :
1- Automotive (GM)
2- Plastic Factory Located in Jeddah
3- Plastic Factory Located in Sudan
4- Battery factory Located in Jeddah
5- Chemical factory Located in Jeddah
- Provid Startegic direction and financial leader ship to senior teams
- Ensure that all financing need are met at the most optimum cost
- Assist CFO in decision making
- Review and approve financial statements and provid comments
- Comply and report financial data as required by banks and financial institutions
- Approve all finance department work
- Review and approve departmental budget/plans and coordinate the annual planing and budgetary process in liaison withCFO
- Perform other tasks as assigned by CFO
- Oracle implimentation SME
Reviewing balance sheet and income statement monthly
Preparing financial reports
Accounts Payable
Accounts Receivable
Bank reconciliation
Petty cash reviewing
Consolidated companies accounts.
GL Supervision
Payable Supervision
Inventory Control
•Preparing balance sheet and income statement entries monthly
•Preparing sales and stock reports
•Preparing taxes documents
•Preparing Payables accounts and Checks
CMA certification Partially
