Finance Manager
Diqat Al- Tanfeez Construction Establishment
Total years of experience :26 years, 2 Months
1/ Develop policies and procedures for the Est.
2/ Managing and organizing payment to suppliers and sbu-contractors.
3/ Develop budget for each construction project for the purpose of preparing a comprehensive budget.
4/ Develop cash flow for the establishment.
5/ reviewing and approving accounting transactions.
6/ Follow up relationships with banks.
* Managing and overssing all financial desciplines including financial budgeting and forecasting management reports in align to the company's operations.
* Directing the financial accounting activities including invoicing, payroll management, collection of account receivables, management payment of suppliers and contractors.
* Coordinating Financial activities with banks, managing overdraft limits, overseeing refinance process as per the facility agreement as well as providing accurate management reports on a regular basis to the top management.
* Developing organizational/management practices, MIS and internal control systems as well as effecting measures to enhance the same.
* Evaluating financial accounting systems, accounting procedures, investment activities as well as recommending appropriate changes to procedures, operating systems, budgets and other financial control functions.
* Maintaining requiste reports in order to keep the upper management abreast of all operational, financial, budget, legal and fiscal issues.
* Devising annual budgets and forecasts, conducting financial reporting as well as preparing year-end schedules for audit and assisting in execution of financial audit.
- verify and approve all accounting transactions related to sales (cash & credit), suppliers and other operating expenses.
- management of current assets.
- preparing annual budget in collaboration with other division managers.
- conduct performance measurements based on the annual budget and recommend the appropriate procedures.
- Accounting & Financial Management, Financial Analysis, Risk Assessment.
- Reconciliation of Accounts, Cash Management, Account Finalization, Report Generation.
- Preparation of Financial Statements, General Ledger Accounting, Cash Flow Management.
- Budgeting & Forecasting.
- Provide relevant data for Decision Making such as pricing and Make or Buy.
* Develop Audit Plan for the Company
* Assist in establishing policies and procedures for various financial and non - financial processes.
* Audit various company operation based on risk assessment and make proper recommendations towards achieving company strategic goals.
* Help senior management in mitigating the whole company risk.
* Prepare interme and final audit report for senior management.
* Follow up on audit findings and implementation of recommendation on corrective actions required.
* Enter the daily transactions recorded in books and direct junior accountants. \n* Preparing the final reconciliations such as depreciations, amortizations, estimeted calulations, reconciling deferred charges, advancement received, A/R aging and assures that theses adjustments rightly recorded. \n* Sharing in preparing the financial statement and preparing financial ratios to these statement " lisquidity, solvency". \n* Sharing in preparing the annual budget and financial forecast. \n* Preparing monthly payroll.
CMA certification covers the following fields: 1/ Business Analysis- Internal controls & Internal auditing- Forecasting. 2/ Financial reporting, cost accounting, Budget, Performance measurements and information systems. 3/ Strategic Planning, Marketing, Corporate Finance, Management of current assets, CPV analysis (Break even points) and Capital Budgeting. 4/ Management.
My Field as per the Ceftification focused on accounting and budget and business administration..
