Account and Finance Manager - confidential

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 followup 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 KPIS 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.