Ahmed Hassan Mostafa

Finance DirectorFull Time

• Job Details:Finance Director · Act as a finance leader to the executive financial team. · Assess and evaluate the financial performance of the organization with regard to goals, budgets, and forecasts. Provide insight and recommendations. · Identify, acquire, and implement systems and software to provide critical financial and operational information. Make suggestions for automating processes and increasing efficiency. · Determine accounting and tax implications for all material business decisions. · Create and establish yearly financial initiatives and goals that align with the company's plan for growth and expansion. Track and report on the status of the initiatives and goals. · Implement policies, procedures, and processes as deemed appropriate by the executive leadership team. · Manage financial planning and analysis activities. Supervise the creation of reports and implementation of tools for budgeting and forecasting. · Prepare and present monthly budget vs actual reports for properties and ownership entities. · Prepare and present weekly cash flow reports for each ownership entity. · Review and analyze monthly financial results and provide recommendations. · Develop and maintain operational budgets for each ownership entity. · Ensure the proper functioning of all systems, databases, and financial software. · Review and ensure application of appropriate internal controls, and financial procedures. · Ensure timeliness and accuracy of financial and management reporting data. · Oversee the preparation and communication of monthly, quarterly, and annual financial statements. · Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies. · Review all month-end closing activities including general ledger accounts, balance sheet accounts, and overhead cost allocation. · Serve as a key point of contact for external auditors; Manage preparation and support of all external audits. · Coordinate and strategize methods used to attain team goals and initiatives with directors and managers. · Manage the cash flow planning process and ensure funds availability and the maintenance of minimum required cash balances. · Oversee weekly cash management, prepare large payables, checks, wires and ACHs. · Maintain corporate banking relationships and strategic alliances with vendors and business partners · Lead the evaluation of insurance premiums, deductibles and the impact on budgets and forecasts. Advise the Legal/Risk and HR teams on impacts. · Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets. · Oversee inventory transactions with raw materials, WIP, and warranty stock. · Oversee monthly WIP stocktaking to maintain the WIP stock for getting the accurate financial statements and to get better performance for material variance analysis.

General Manager & Financial ControllerFull Time

• Job Details:Finance, Procurements, Production, Quality, Logistics, Inventory, Sales & Human Resources HR. · Overseeing daily business operations. · Developing key performance goals and managing the performance of staff. · Creating and implementing strategies for business growth. · Training low-level managers and staff. · Creating and managing budgets. · Improving internal processes for better productivity. · Ensuring that departments or units deliver quality offerings to clients. · Hiring new staff within a department or business unit. · Evaluating performance and productivity. · Managing the budget and monitoring the financial health of a location. · Analyzing accounting and financial data. · Delegate responsibilities to the best employees to perform them while enforcing all policies, procedures, standards, specifications, guidelines, training programs, and cultural values. · Researching and identifying growth opportunities. · Generating reports and giving presentations. · Maintain overall organization responsibility for performing all duties in compliance with related manufacturing legal/statutory regulations, professional duties, responsibilities and obligations and insert as applicable e.g., Good Manufacturing Practices (GMP), Best Practice Guidelines, ISO certification. · Day to day responsibilities following up and manage all responsibilities. · Preparation of presentations and being responsible for After Sales Operations in the management discussion & analysis meeting financial reports. · Preparation of annual budget and marketing plan, Managing Financial and Business Plans along with the Budget Process plus revised budget and forecast. · Periodical and seasonal preparation of Cash Flow, Cash Flow Forecasting & Balance Sheet. · Analyzing Business Performance for sales reports and operating expenses analysis (Monthly reports, OPEX analysis, and Variance analysis reports). · Preparing monthly sales analysis reports and justify the variances results from budget & previous years. · OPEX analysis presentation of power point to get and give the full control for the budget which is part of our internal control. · Following With finance all daily transactions e.g., AP, AR, Stock, FA, Banks, Cash management, Cost, Collections & all finance details. · Maintaining and creating all needed policies for finance & HR. · Following the daily sales operations and credit for the clients internal and export sales. · Following the vendors and their debts to match with cash flow. · Following the procurements on daily bases with current and new vendors. · Following the daily logistics operations.

Senior Financial Manager- Financial ControllerFull Time

• Job Details:· Preparation of the final monthly/annual results & financial analysis. · Preparation of presentations and being responsible for After Sales Operations department (ASO) in the management discussion & analysis meeting financial reports. · Preparation of annual budget and marketing plan, Managing Financial and Business Plans along with the Budget Process plus revised budget and forecast. · Periodical and seasonal preparation of Cash Flow, Cash Flow Forecasting & Balance Sheet. · Analyzing Business Performance for sales reports and operating expenses analysis (flash monthly reports, OPEX analysis, and ASO monthly meeting story chart). · Preparing monthly sales analysis reports and justify the variances results from budget & previous years. · OPEX analysis presentation of power point to get and give the full control for the budget which is part of our internal control. · Assist for preparation Visibility study of LDC Dammam the new Warehouse. · Responsible for all Accounts Payable processes. · Setup and maintenance of vendor’s database. · Review and verify invoices and checking requests. · Process and fulfill check requests, wire transfers and electronic transfers. · Setup and maintenance of vendor filing system. · Daily interactions with vendor’s invoices. · Coordinate approval processes of all accounts payable invoices. · Coding the general ledger and processes of vendor invoice payments. · Research and resolve billing and invoice problems. · Expert in create and distribute AP reports for the AP management team. · Review and research vendor statements. · Preparing invoices register reports and sending it to all concerns from purchasing and operations departments. · Controlling PDR deductions from Transporter Suppliers. · Preparing Advance to suppliers report. · Controlling and Following All Software and Hardware projects for all departments. · Perform supervisory Full-Cycle Accounts Payable procedures. · Checking and controlling all requested fixed assets expenditures against budget. · Preparing Fixed Assets Template. · Monthly reclassification of fixed assets depreciation expense to be allocated to various cost centers. · Preparing Fixed Assets Monthly Analysis and reconciliation of GL Versus FA. · Tagging for all new addition of fixed assets. · CAPEX budget preparation and depreciation calculation. · Train and assist the accounting personnel in all matters related accounting and information system activities due to huge background of IT different operating systems and applications plus MS-Office applications. · Transfer Withholding Tax Withheld from Foreign Entity to ALJID HO and monitor WHT account. · Reconciliation and closing of ALJR HO and other business units balances. · Cash movement supervision and controlling cashier.