Responsible to prepare and manage financial and profitability reporting and act as a lead in the preparation of department and division annual budgets as well as the annual audited financial statements
Responsible for comparing & analyzing the company’s performance and trends to the company’s business plan and budget on a monthly basis.
Responsible for preparing a monthly financial analysis report including the financial data of each LoB/Department/MU compared with the budget and the historical data and investigate the reasons of any variances through the concept of cost benefit analysis (if any).
Analyze the Company/LoB/Department/MU financial targets and extract any relevant information.
Participate in the analysis of any valuation of targeted companies or any proposed merger from financial point of view.
Participate in the yearly budget process, yearly forecasting and monthly cost of orders analysis also any credit analysis with our credit bank.
Responsible for consolidating the financial results of the group by legal entities/LoBs, Market Units……. etc.
Provide a monthly reporting package for the group and the related detailed analysis per business arm by the end of the first week of the next month.
Prepare analysis of budget variances and forecast expenditures for departments.
Prepare monthly reviews to determine if the appropriate percentage of the budget has been expended.
Prepare managerial financial statements on monthly basis to reflect budgeted vs actual revenues and expenditures, and to compare with prior year revenues and expenditures.
Maintain the detailed analysis for the shareholder’s requirements and requests.
Make presentations and respond to questions concerning previous and proposed budget detail
