Nassib Eid Email & Phone Number

United Arab Emirates

Dubai, United Arab Emirates

Dubai, United Arab Emirates

• Management of the market P&L. Review operating results of the organisation, compare them to established targets and formulate action plans to deliver financial results;• Responsible for Quarterly forecasts and Budgeting , including meetings/reviews with GroupM CFO and CEO.• Reviewing and approving PM contracts with vendors.• Tracking PM consumption and availability progress, amd performing penalty calculation when needed based on each contract.• Reviewing and approving services contracts;• Ensuring the delivery of the services and revenue recognition;• Following up on collection of receivables (Services / PM)• Reviewing and approving group AVR contracts with vendors, • Performing a quarterly AVR rate assessment to ensure all reporting is accrate;• Follow up on AVR collection and upside calculation with the payable team;• Monitoring Xaxis Margins, overspending and ongoing campaigns;• Approving new clients for both Xaxis And PM based on contractual;• Performing a quarterly P & L by vendor in order to analyze our status with each vendor and identify opportunity for any growth;• Identifying and executing group Cash discount deals;• Managing vendor payments based on each situation;• Authorisation of purchase orders, expenses and invoices in accordance with the company policy;• Preparing the montly Payroll;• External, internal and Sox audit lead;• Review of statutory accounts;• Provide leadership and direction to the Finance team (in total circa x individuals).

Dubai, United Arab Emirates

Supervise all routine financial accounting functions up to finalization of management, statutory reporting and intercompany accounting.Daily review of working capital utilization and cash flow management, continuous monitoring of customers’ credit worthiness.Financial reporting per GroupM’s Financial Calendar.Compliance with Procurement policy, Schedule of Authority and signatory authority limits.Ensure monthly reconciliations & clearance of issues including clients, suppliers, banks and intercompany accounts review.Help in identifying cost saving opportunities and assist in establishing and maintaining overheads KPIs reporting framework.Prepare and review detailed budgets, expenditure and any variations from budgets.Maintain policies and procedures file accessible to the department employees for reference.Conduct test of SOX and internal controls to sustain a well-controlled environment.Coordinate with legal counsel, treasury and tax advisors as needed.Facilitate, coordinate and provide all necessary financial information to external auditors to ensure that the financial statements of Mindshare conform to international accounting standards.Maintain and ensure efficient internal financial procedures are followed including purchasing, maintenance and servicing for all equipment and supplies including company Capex to ensure the smooth & efficient operations of Mindshare.Maintain effective procedures for the internal authorisation, verification and administration of all personnel information, including leave requests, travel, holidays, sick leave, appraisals, salary details, contracts and all other similar legal documentation in line with local labour law

Jeddah

Supervise all routine financial accounting functions up to finalization of management, statutory reporting and intercompany accounting.Daily review of working capital utilization and cash flow management, continuous monitoring of customers’ credit worthiness.Financial reporting per GroupM’s Financial Calendar.Compliance with Procurement policy, Schedule of Authority and signatory authority limits.Ensure monthly reconciliations & clearance of issues including clients, suppliers, banks and intercompany accounts review.Help in identifying cost saving opportunities and assist in establishing and maintaining overheads KPIs reporting framework.Prepare and review detailed budgets, expenditure and any variations from budgets.Maintain policies and procedures file accessible to the department employees for reference.Conduct test of SOX and internal controls to sustain a well-controlled environment.Coordinate with legal counsel, treasury and tax advisors as needed.Facilitate, coordinate and provide all necessary financial information to external auditors to ensure that the financial statements of Mindshare conform to international accounting standards.Maintain and ensure efficient internal financial procedures are followed including purchasing, maintenance and servicing for all equipment and supplies including company Capex to ensure the smooth & efficient operations of Mindshare.Maintain effective procedures for the internal authorisation, verification and administration of all personnel information, including leave requests, travel, holidays, sick leave, appraisals, salary details, contracts and all other similar legal documentation in line with local labour law.

Beirut District, Lebanon

1. Develop and monitor objectives, operational plans and procedures of Accounting Unit.2. Handling daily work of Accounting Unit and ensure achievement of Finance department goals.3. Supervise and monitor the accounting activities and ensure that the accounting functions capture all business transactions.4. Maintain accounting records of the company and ensuring that accounting transactions are processed properly in the accounting system.5. Review all general ledger account balances.6. Handling the cash section; efficient follow up on receivables; review Bank Reconciliation statement, ensure sufficient funds available; efficiently proposed investing surplus funds.7. Calculate and prepare reimbursement billings and tracks receivables; reconciling monthly accounts receivable.8. Manage and review schedules for audit, assist in the audit functions with the external and internal auditors and ensure that adequate internal controls are in place and functioning as desired.9. Supporting the Financial Manager in building the budget in a quarterly basis.10. Prepare payroll, staff allowances reports and monthly salary payments. 11. Managing intercompany processes and preparing monthly intercompany reconciliation.12. Supervising petty cash, receiving bills, check balances, verify signatures and get approvals.13. Prepare Monthly Profit and Loss accounts and Balance Sheets.14. Prepare monthly financial statements, including distributing monthly revenue and expenditure reports to management.15. Reporting the VAT, NSSf and Payroll tax periodic reports as per government Law requirements .16. Implementing SOX requirements.

Lebanon

1. Budget Setup & budget Implementation Module2. Purching Setup & Purchasing Implementation Module 3. Inventories Reports4. Controling Accounting Entries

Khobar Ksa

1. Review all general ledger account balances.2. Handling the cash section; efficient follow up on receivables; review Bank Reconciliation statement, ensure sufficient funds available; efficiently proposed investing surplus funds.3. Calculate and prepare reimbursement billings and tracks receivables; reconciling monthly accounts receivable.4. Manage and review schedules for audit, assist in the audit functions with the external and internal auditors and ensure that adequate internal controls are in place and functioning as desired.5. Prepare payroll, staff allowances reports and monthly salary payments. 6. Supervising petty cash, receiving bills, check balances, verify signatures and get approvals.7. Prepare Monthly Profit and Loss accounts and Balance Sheets.8. Prepare monthly financial statements, including distributing monthly revenue and expenditure reports to management.

St Elie Antelis

1. Reporting the VAT, NSSf and Payroll tax periodic reports as per government Law requirements.2. Posting Daily Accounting Entries (PVs, RVs. JVs)3. Preparing Monthly Bank Reconciliation

Mba, Accounting & Audit

Education record

Education record

Education record

Education record