Assistant Finance Mananger
ABC (ARABIAN BEVERAGES CO.)
Total years of experience :26 years, 8 Months
ABC (Arabian Beverage Company) - \[ Assistant Finance Manager - Treasury\]
Reporting to Finance Manager & General Manager, my assignments include:
Responsible for the preparation of Annual Budgets for company.
Plan, co-ordinate and liaise with banking and financial institutions to obtain most suitable facilities for company.
Assist management in Financial Analysis and business planning.
Create a realistic Cash Flow forecast for both Short Term & Long Terms.
Controls, enhances the management reports as well as budget and expenses monitoring tools.
Provides financial analysis and support to the management as required. .
Develop and implement accounting policies and procedures for company in line with international accounting standards.
Ensure provision of finance, accounting and general administrative support services to all the divisions and departments.
Oversee departmental business and operating plan and budget
Monitor and provide periodic feedback to operating department on performance against budget.
Develop and manage invoicing and collections procedures / support systems.
Manage financial reporting processes and responsible for the submission of Monthly MIS reports to the Management.
Accounting System JD Edward (Oracle)
Report to Finance Manager.
Manage a team of accountants.
Develop procedures and accurate implementation of the recording, classifying, and summarizing of daily financial transactions.
Generate financial statements (balance sheet, profit and loss, cash flow) monthly.
Ensure general ledger, subsidiary ledgers, and other financial records and schedules are accurately maintained.
Maintain procedures to establish tight control over cash transactions.
Ensure timely follow up of accounts receivable and payable.
Conduct and coordinate periodic stock take.
Ensure timely classification and recording of assets.
Oversee the preparation of payroll.
Reporting to Finance Manager, my assignments include:
Analyzing Journal & Ledger Entries \[by using SQL Database - Great Plain Dynamics Package\] and examining Financial Accounts.
Analysis of purchases according to the vendors' statement.
Analysis of Company’s overhead.
Making of Cost Sheets & Cost Analysis.
Reconciliation of Bank Statement.
Payable Aging Report Analysis.
Analysis of Receivable Aging Report.
Analysis of Sales Activity Report on Weekly basis by using Access database.
Prepare Financial Statements for Foodstuff Division, Décor Department and Oil Field Department on monthly basis.
Analysis of Journal & Ledger Entries. & examining financial
Accounts \[ by using INFORMAX Package\]
Analysis of Credit Sales and Cash Sales on weekly basis.
Analysis of Receivable Aging reports.
Analysis of product according to the item number i.e which item is slow moving and which item is fast moving.
Cost Analysis of the spare parts and heavy Industrial Equipment.
Analysis of Payable Aging Report.
To update reconciliation of banks statement on daily basis.
To make Cash Flow
To make Financial Statements for the Maintenance Department Rental Department, Fuel Injection Department on monthly basis.
MBA (MASTER OF BUSINESS ADMINISTRATION) MAJOR : ACCOUNT & FINANCE