Participating in a Critical Role in Managing the Financial Health of the Organization by Overseeing Budget processes, Analyzing Financial Data, and Providing Strategic Guidance to Support Decision-Making and Achieve Financial Objectives.
Planning: Involves working with various departments and stakeholders to develop short-term and long-term financial - - plans aligned with the organization's strategic objectives. Involving forecasting future financial performance, setting financial goals, and developing strategies to achieve them.
Budgeting: Budgeting is a crucial aspect of the role, where I collaborate with centers and executives to create detailed budgets for different areas of the organization. This includes estimating income and expenses, allocating resources effectively, and ensuring that budgets are realistic and achievable.
Controlling: Once budgets are in place, I am responsible for monitoring and controlling financial performance against the established budgets. This involves regularly reviewing financial reports, analyzing variances between actual and budgeted figures, and identifying areas where corrective actions may be needed to keep finances on track.
1-Assist in the Development of Annual Budgets in collaboration with Department Heads and Senior Management.
2-Analyze Financial Data to Identify Trends, Variances, and areas for Improvement in Budget Performance.
3-Preparing Budget Reports, Forecasts, and Projections to Support Decision-Making and Financial Planning Processes.
4-Monitor Actual Expenditures Against Budgeted Amounts and Investigate and Explain Variances.
5-Provide Support to Department Managers in Budget Preparation, Tracking, and Adherence.
6-Assist in the Implementation of Budgeting Processes and Procedures to Improve Efficiency and Accuracy.
7-Participate in Budget Reviews and Meetings to Discuss Financial Performance and Make Recommendations for Adjustments as Needed.
8-Ensure Compliance with Organizational Policies, Procedures, and Regulatory Requirements Related to Budget Management.
9-Collaborate with Finance and Accounting Teams to Reconcile Budget Data and Resolve Discrepancies.
10-Stay Updated on Best Practices in Budget Management and Recommend Process Improvements or System Enhancements
1-Recording Transactions: Records all financial transactions, including revenue, expenses, assets, liabilities, and equity, into the general ledger using accounting software and manual entry.
2-Maintaining the General Ledger: Ensuring the accuracy and completeness of the general ledger by regularly updating it with new transactions, adjusting entries, and corrections.
3-Reconciliation: Reconciling accounts within the general ledger to ensure that the balances match with subsidiary ledgers, bank statements, and other financial records. This includes reconciling accounts receivable, accounts payable, inventory, and other balance sheet accounts.
4-Closing the Books: At the end of the accounting period (monthly, quarterly, or annually), I participate in the process of closing the books by preparing adjusting entries, accruals ,and cash Basis and other necessary adjustments to ensure that financial statements accurately reflect the company's financial position and performance.
5-Financial Reporting: Assisting in the preparation of financial statements, such as the balance sheet, income statement, and cash flow statement, by providing accurate and reliable financial data from the general ledger.
6-Analysis: performing analysis of financial data within the general ledger to identify trends, variances, and anomalies, and provide insights to management for decision-making purposes.
7-Compliance: Ensuring compliance with accounting standards, regulations, and company policies in recording and reporting financial transactions.
8-Communication: Communicating with other departments, auditors, and stakeholders to provide financial information, address inquiries, and facilitate the audit process.
9-Process Improvement: Identifying opportunities to streamline processes, improve efficiency, and enhance internal controls within the general ledger accounting function
Strategic Planning
Strategic Thinking
Budget Analysis
Budget Control
Financial Planning
Financial Reporting
Financial Analysis
Forecasting
Variance Analysis
Cash Flow Management
Resource Allocation
Excel
Green Finance
Green Finance
Excel For Accounting
Business Analysis: Essential Tools and Techniques
Excel: Creating Business Budget
Key Financial Reports
Project Management Foundations : Budget
The Future of Accountants
Intensive English Program
Diploma English Second Language