Savola Group - Retail SectorFixed Assets Manager| ERP Project Lead
Jun. 2010 - Mar. 2013•Successfully established and documented all fixed asset processes and procedures and ensured it is communicated till implementation by all parties.
•Instrumental in conducting the physical count by 135 stores around the kingdom and reconcile it with books.
•Initiated and implemented Oracle Financials (Fixed Assets Module) Integrated with Oracle General Ledger to automate all the fixed assets process mainly for calculating depreciation, transfers, acquisitions, disposals and post all the JVs to GL.
•Actively participated in the implementation of the assets tagging project (Assets Labels) conforming to third party to implement the asset tagging system and handle all the fixed assets functions in the stores using handheld devices with back office integrated with Oracle Fixed Assets Module.
•Distinction of having improved the Archiving system, improving the top management closing reports, CIP and deferred Charges ending balances, preparing Deferred Charges Comparison and CAPEX Summary Report. •Credentials of having improved the payments process, utilizing idle assets, Vehicles Acquisition and Disposal Processes, communicate with the Government and insurance department.
•Managed Deferred Charges Process Improvements.
•Formulated and implemented fixed assets department process, policies and procedures conforming to IFRS and SOCPA.
•Instrumental in running implementation of assets tagging system integrated to Oracle financials.
•Ensured systems and spread sheet are automated to improve the efficiency and effectiveness of accounting functions and processes.
•Acted as ERP selection committee member to select the suitable ERP package for the company (ORACLE or SAP), designed comprehensive business cases by the business team presented by both companies.
•Selected as Finance Department Representative in the business team during the implementation phase
•Managed Fixed assets accounting, capital expenditures reporting, construction in progress among other activities.