Periodically establishes and reviews the profit and loss accounts for all products and studies with its direct supervisor and presents the results and recommendations that help to develop profitability and competition for senior management to take appropriate action for the benefit of the company.
Responsible For planning and preparing balance sheets data and presenting them at the specified times according to the schedules prepared in advance, and involve the managers of different departments in each area of competence and listen to their views and study and take in line with the highest goals of the company.
Verifies the construction of expenditure budget for each department and sources of funding and ensures that the managers of the departments are provided with monthly, quarterly and annual reports on the current situation compared to the approved budget and guidance to the means to comply with these budgets and the treatment of deviations,
Prepares periodic reports on the follow up of financial statement numbers, profitability ratios, and expense rates to sales offer suggestions to improve these rates, ways to rationalize spending and maximize sales figures.
Analyzes financial centers and final accounts monthly and quarterly and at the end of the financial year is preparing indicators and analytical data related to them, reflecting the real picture of various activities and achieve the transparency required in the presentation to the Board of Directors and other concerned bodies.