Advising Director Finance in strategic matters of the company including complete preparation and reporting of budgets, investments feasibilities, transfer pricing, inventory management & overall production planning etc. for effective financial & tax & management.
Supervising group Finance & Accounts department for efficient and effective functioning.
Preparing and verifying all Management Information Reports (M I Rs) including monthly/annually separate and group console ideated financial Statements a long with variance and ratio analysis.
Supervising custom duty exemption working and filing of required information to ministry of industry & Commerce - Bahrain.
Preparing currency exchange strategy and minimizing exchange losses of the group.
Preparing FX currency buying strategy of the group and optimizing the different GCC currency utility for FX payment obligation in EU RO, CH F, USD, and GBP etc.
Preparing 08 week cash forecast and managing weekly fund transfers and buying of foreign currencies as per forecast.
Supervising entire payable section including routine payments, advances, suppliers' reconciliations etc.
Supervising bank reconciliations (Cash & Credit Card).
Looking after various Banking and financial matters and managing effective relationship and liaison with different financial institutions.
Managing entire group funds and investing in sharia compliant products.
Organizing external audits in Bahrain (The Parent Com pan y of the Group and supervising external audits of subsidiaries incorporated as limited liability companies in other GCC countries including KSA, QATAR, OMAN, and UAE.
Supervising tax ret urns of subsidiaries I n Qatar and Oman and ensuring their submission to respective tax authorities within prescribed timelines and fulfill the other status or requirements.
Supervising Zakat computation for subsidiary in Kingdom of Saudi Arabia - KSA and ensuring its timely deposit in Department of Zakat and Income Tax (DZIT).
Managing entire KSA health insurance as per CCHI directives.
Managing other insurance/guarantees including cash insurance, motor insurance, property,(factory & retail outlets) Insurance and maintaining follow-up for claims and other related work.
Implementing and developing accounting software and different management reports.
Ensuring timely disbursement of monthly payroll of entire group as well full & final settlements including indemnity according to applicable labor laws in different GCC countries.
Maintaining all corporate customers receivable ageing and ensure timely recovery as per agreed terms.
Preparing labor & FOH absorption rates and ensuring their proper allocation.
Preparing management /cost accounting reports including Product GP statements, Product cost analysis, Manufacturing gain or loss statement, stock ageing reports, etc.
Maintaining statutory record, minutes book, CR, lease agreements and other related documents.
Organizing lease financing transaction under the overall lease arrangements.
Develop and implement department objectives, individual staff objectives along with KPI,S and manage performance review and appraisal of subordinate staff based on these objectives by annually/quarterly.
Skills
Skills such as budgeting, saving, investing, and debt management.
