Finance Director
Coordinating the overall daily as well as long term financial operations and reporting, providing support to the Operations Manager towards achieving short and long term strategic objectives. • Preparing and reviewing monthly and yearly financial statements for all subsidiaries of the company and reporting to the owner. • Creating income statements, balance sheets, budgets, cash flow projections as well as aged receivables and payables listings. • Analyzing key finance performance indicators and trends, such as financial ratios and cross division comparisons which, includes establishing financial benchmarks of acceptable performance and comparison of actual results to budget thus initiating corrective actions. • Directing the financial accounting activities such as: invoicing; refunds; payroll; collection of accounts receivable; management and payment of suppliers and contractors. Also computing leave salary, gratuity, air fares etc. • Monitoring and managing banking relationships, including credit lines, LCs ,cash flow, short and long term debts, internal controls authorizing client credit limits, local purchases, fixed asset purchases, and petty cash expenses. • Devising annual budgets to be presented to the Managing Committee and the Division Managers; and preparing of cash flow forecasts on a weekly / monthly basis. • Auditing stocks and adherence to all projected figures and following up on any variations to the same. Dealing with Statutory Auditors and replying to their queries. • Evaluating insurance requirements and recommending sufficient coverage for Insurance Policies of the Company.