Finance Manager
Saudi Company for Site Technology Ltd. - SITECH-KSA
Total years of experience :38 years, 1 Months
Implemented accounting & administration policies & procedures for the new setup of Saudi Limited Liability company formed in 2008. Managing Finance & Accounting portfolio and assisting in general administration and project works.
Evaluated & successfully Implemented Sage Accpac 300 ERP replacing MS Office Accounting software.
Directed financial management functions including development of monthly/quarterly financial statements, financial forecasts, weekly flash reports and budgets analysis. Oversee general accounting functions, including AR/AP, account reconciliation, and cash management. Administer all financial management systems, evaluating and integrating new applications. Develop highly skilled accounting and financial management team to achieve established objectives. Interact with the Board of Directors and CEO concerning financial forecasts and reports.
Key Achievements:
Spearheaded implementation of technology that improved tracking reducing operating expenses 35%.
Strategically restructured integrated accounting software package (MS Navision) & financial reporting processes in accordance with organizational changes.
Implemented applicable FRS, IAS, & GAAP.
Closed and prepared monthly financial statements and management reports. Prepared monthly staff payroll, performed account reconciliations and monitored general ledger transactions. Worked directly under financial controller & HR dept. to ensure accuracy and integrity of payroll & financial information.
Key Achievements:
Received best employee award during commissioning of new cardiac center project in Riyadh Military Hospital.
Increased productivity levels by providing key contributions toward automation of accounting & monthly staff payroll processes.
Handled Accounts Payables & staff payments, insurance policies & lease contracts, consolidation of daily sales reports.
Prepare & monitor monthly/yearly budget, verify monthly income statement, issue local purchase/work orders, handle AR & AP. Handled Job costing, invoicing & estimation of job orders. Process warranty claims. Reconcile daily revenues & service manhour records.
Carryout statutory & Internal audit of diverse types of business organizations. Review internal controls & checks. Report & rectify discrepancies & flaws in documentation, accounting processes & procedures.Carried out internal & statutory audit of manufacturing, banking, shipping & distribution companies of private & public sectors. Assigned to carry out verification of financial documents & records in compliance with SAP, IAS, & applicable taxation laws.
Key Achievement:
Consistently met deadlines while demonstrating strong analytical and cross-verification skills to achieve audit objectives & guidelines.
Supervised logistics & attended All India Tax Practitioner’s Brain Trust Meeting, for T.D. Rajaiah - Chartered Accountant & General Secretary of Tax Practitioners’ Association of Hyderabad.