Finance Manager
Abrajtec
مجموع سنوات الخبرة :23 years, 8 أشهر
Company Industry: Manufacturing and Production of the transmission and telecommunication towers and it’s a galvanizing company in the galvanization association.
Reporting to the CEO
Key Achievements
- Reduced the time frame for production of Financial Statements
Reduced the time taken to produce the half yearly and Year End Financial Statements by 30
days from 2 months to less than 1 month via a combination of improved processes of
Financial Data capture and re-visiting the monthly time table. This allowed Division heads
to receive management information quicker and improved submission timing of
Statements to banks in line with conditions of facilities.
- Improved Facility levels from 120 million SYP to 250 Million SYP.
By providing bankers with detailed group forecasts and project evaluations was able to
successfully improve facility levels to 250 Million SYP, which allowed the organization to
Successfully tender for larger jobs through the availability of greater bonds and guarantees.
-Establish new payroll computerized system
By moving the company from the old payroll calculation through using excels to the computerized system with using the time attendance machines and time attendance cards.
1.Contribute to the formulation of business objectives and develop annual financial plans.
2.Provide comprehensive management and financial information to guide and control company operations against business plans and budgets.
3.Overall responsibility of company financial reporting with respect to: -
A.Compliance with company policies / good accounting practices.
B.Statutory reporting and filing with government and tax authorities.
C.Effective systems for financial and management reporting.
4.Develop, gain approval for, and implement a comprehensive financial, accounting, and control policies and procedures.
5.Ensure the timely development of business plans and budgets in collaboration with other management team.
6.Ensure availability of funds to support company operations and optimal management of cash flow.
7.Supervise the MIS department and ensure solutions and systems are cost effective in providing support to the operation.
8.Supervise the purchasing department and obtain approval on capital expenditures.
9.Ensure effective cooperation with external auditors to ease their task and enable timely issuance of audited accounts.
10.Direct, guide and motivate subordinates towards the achievement of accountabilities and objectives.
11.Administer and monitor all revenue cycle related topics such as pricing, tenders, and discounts, etc….
12. Build and maintain sold relation ships with banks and other financial institutions that could provide services to our company.
13.The Main Issue is Controlling The Cash Flow And Keep An Eye On The LC's and LG, Keep An eye on The Customers Payments and timing of it.
14. Make Studies to new Capital Investments .
Company Industry:
Soft drink sales and Distributions company.
The company is allocated into 50% shares between Turkish company called Anadolo holding company and Saudi Company called Olean.
Reporting to the Finance Manager
Key achievement
-Set Up New Management Reporting Pack
Worked alongside Head Office IT to successfully implement new Accounting and
Operations system.
I was the coordinator of the new established system called BASIS for reporting the daily
sales figures for all the branches and generating one consolidated daily, weekly, and
Monthly report.
1. Review and approve accounting vouchers in accordance with accounting policies and ensure timely processing of data.
2. Ensure compliance with financial statutory reporting requirements i.e. sales tax, social security etc…
3. Prepare the monthly financial statements and analysis on budget variance and up normal movement.
4. Advise and implement control procedures to identify discrepancies from financial and accounting policies and procedures.
5. Review accounting reconciliation i.e. bank, stock, etc. and submit them to the Financial Controller.
6. Prepare cash flow statement and revise it on a periodical base.
7. Review and approve payments.
8. Communicate bugs and problems in the accounting software to the MIS department and follow-up on outstanding issues.
9. Organize surprise stock count.
10. Coordinate with Branch Controller on all related issues.
11. Review monthly payroll calculations to ensure compliance and accuracy.
12. Perform any ad-hoc request as requested by Financial Controller and Account Manager.
Company Industry:
Producing coated coils which used in building hangars and building aabjwr.
Reporting to the Account Manager
Working on the ERP system ( Microsoft Great Plains)
1 -Finance Module as GL Accountant.
2 - Purchasing Module ( AP and Costing of the Shippment ) .
3 - Production Module( Entering all the production Orders).
4- Inventory Module( final posting to all the warehouses transfer).
Company Industry:
Ghader Is working in producing and selling American soft drink brand called RC
Reporting to the Finance Manager
Key achievement
Establish full computerized financial system and reducing the time frame for financial reports
By moving the company from the old way of working to the full computerized system and by being the coordinator of this new established system we reduced the time frame of the financial statement issuing.
Set Up New Management Reporting Pack
Established a new Financial and Operation Reporting Pack for the management depending on the computerized system which allowed the top management to have daily view on the production, sales, and warehouses data which enable the management improvement on the decision taking.
Supervision on the sales Accountant work
Fixed Assets Control.
General Ledger Accountant.
Salaries schedule preparation.
Ensure the compliance off all the expenses needed documents
preparing to The Exam of CMA