Finacial Manager
Mohammed Bawazir Group
Total years of experience :21 years, 6 Months
• Responsible for the financial planning and management .
• Monitoring inflow / outflow of funds while taking adequate measures to ensure utilization of funds towards accomplishment of objectives.
• Heading finance function involves determining financial objectives, designing & implementing systems, formulating policies & procedures to facilitate internal financial and process controls and ensure best practice.
• Managing financial risks
• Managing the financial day to day operational aspects of projects & investments.
• Develop and implement accounting policies, coordination of systems and procedures, and the preparation of operating data and special reports as required including interim and year-end financial statements.
• Maintain the company's system of accounts and keep books and records on all company transactions and assets.
• Following up the company investments in KSA to insure proper controls on the operational and financial procedures and transactions.
• Establish, coordinate and administer as an integral part of management, an adequate plan for the control of operations including, profit planning, sales forecasts, expense budgets and cost standards, together with necessary controls and procedures to effectuate the plan.
• Provide for the control of all company orders, to insure conformity to established policies and procedures and to facilitate data control and retrieval of records generated by these orders.
• Responsible for the right applications of international financial reporting standards (IFRS).
• Assure protection for the assets of the business through internal control..
• Prepear yearly budget .
• Review annual financial budget are drawen based on the corperat stratege.
• Preparation of Zakat calculations and zakat statements in accordance with the Saudi Arabian zakat and tax law
Excaise & VAT experts
• cash fllow mangement .
• Prepear yearly budget .
• Review annual financial budget are drawen based on the corperat stratege.
• Monthly review & discussion of finanacial accounts & vairances against budget.
• Preparation of Financial Ratio's for Financial Statements and making recommendations.
• Prepaer monthly financial statement, income statement & cash fllow .
• Preparation of Zakat calculations and zakat statements in accordance with the Saudi Arabian zakat and tax law.
• cash fllow mangement .
• Prepear yearly budget .
• Review annual financial budget are drawen based on the corperat stratege.
• Monthly review & discussion of finanacial accounts & vairances against budget.
• Preparation of Financial Ratio's for Financial Statements and making recommendations.
• Prepaer monthly financial statement, income statement & cash fllow .
• Preparation of Zakat calculations and zakat statements in accordance with the Saudi Arabian zakat and tax law.
• Planning and preparation of Audit programs for various types of companies in Saudi Arabia.
• Performing necessary studies and verification of integrity of Financial Statements.
• Evaluation of Internal Control systems and preparation of proposals regarding their weakness.
• Preparation of Financial Statements - Balance Sheets, Income Statements, Retained Earnings and Cash Flows with all needed clarifications.
• Preparation of Financial Ratio's for Financial Statements and making recommendations.
• Making Inventory Stocktaking during the year and year-end and making recommendations to control Warehouses.
• Preparation of Zakat calculations and zakat statements in accordance with the Saudi Arabian zakat and tax law.
• Planning and Preparing of due diligence reports.
• Business Valuation
• Audit & Preparing malversation reports