Muhannad Tobal

𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐊𝐏𝐈𝐬 Financial KPIs are essential for measuring performance, aligning goals, and driving strategic growth. By connecting metrics across departments, businesses ensure every action contributes to the bigger picture. ☑️ Key Financial KPIs to Track: 🔹 Profitability Metrics: Gross margin, net profit, EBIT. 🔹 Efficiency Metrics: Inventory turnover, accounts receivable turnover. 🔹 Growth Metrics: Revenue growth rate, ROE. 🔹 Cash Flow Metrics: Operating and free cash flow. ☑️ Why Financial KPIs Matter: Link financial metrics to business strategy. Ensure departments and individuals align with the company’s goals. Enable data-driven decisions to enhance profitability. ☑️ Use dashboards for real-time tracking and focus on KPIs that truly reflect strategic alignment. By Ayman Ramzy, CFM, CMA, FPAC

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📘 Basic Accounting Terms – Study Point Understanding these foundational terms is the first step to mastering business finance. Every entrepreneur, manager, or professional should know them—not just accountants—because numbers tell the story of a business. Core Accounting Terms ✓ Asset = What the business owns (e.g., buildings, equipment, cash). ✓ Liability = What the business owes (e.g., loans, creditors). ✓ Equity / Capital = Owner's share in the business after liabilities are settled. ✓ Revenue / Income = Money earned by the business through sales or services. ✓ Expense / Cost = Money spent to keep the business running (rent, salaries, utilities). ✓ Drawings / Withdrawal = When the owner takes money or assets out of the business. >> Day-to-Day Financial Flow Accounts Receivable = Money customers owe to the business. Accounts Payable = Money the business owes suppliers. Inventory / Stock = Goods held for sale. Cash = Money in hand or in the bank. Bank = The official business bank account balance. Loan / Borrowings = Money borrowed to fund business operations. Interest = The cost of borrowing money or income earned from lending. >> Profitability & Performance Depreciation = Reduction in the value of an asset over time (e.g., wear and tear on machinery). Profit = When revenue is greater than expenses. Loss = When expenses exceed revenue. >> Types of Expenditure Capital Expenditure (CapEx) = Spending on long-term assets (e.g., building, vehicles, machinery). Revenue Expenditure (RevEx) = Spending on daily operations (e.g., rent, salaries, utilities). >> Timing of Expenses Prepaid Expense = Expense paid in advance (e.g., prepaid rent). Accrued Expense = Expense incurred but not yet paid (e.g., unpaid salaries). ✓ Master these basics and you’ll have a stronger grip on financial statements, decision-making, and business growth. Accounting isn’t just about numbers—it’s about interpreting the health and future of a business. ✍️ Rabbi Dennis Banahene Osei-Owusu

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🔟 Top 10 Month-End Closing Tips 1️⃣ Start Early – Don’t wait until the last day. 2️⃣ Automate Repetitive Tasks – Use accounting software for reconciliations. 3️⃣ Standardize Processes – Have a clear checklist for consistency. 4️⃣ Reconcile Bank & Cash Accounts Promptly. 5️⃣ Keep AP & AR Updated – Record invoices and payments daily. 6️⃣ Review Accruals & Prepaids – Avoid missing adjustments. 7️⃣ Communicate with Teams – Ensure all departments submit entries on time. 8️⃣ Analyze Variances – Spot unusual balances early. 9️⃣ Document Everything – Notes help future audits and year-end. 🔟 Continuous Improvement – Refine your process each month. #MonthEndClosing #AccountingTips #FinanceProfessionals #AccountantsLife #ClosingChecklist #AccountingAndFinance #FinancialReporting #CorporateFinance #FinanceCommunity #AccountsClosing

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💼 Questions & Answers 1️⃣ Q: What are your main responsibilities as a Senior Accountant? A: Overseeing accounting operations, preparing financial statements, ensuring compliance, managing month-end close, and supervising junior staff. 2️⃣ Q: How do you ensure accuracy in financial reports? A: By reconciling accounts, reviewing journal entries, maintaining internal controls, and verifying supporting documentation. 3️⃣ Q: What’s your experience with month-end and year-end closing? A: I handle reconciliations, accruals, depreciation, and financial statement preparation to meet deadlines accurately. 4️⃣ Q: How do you handle audit preparation? A: By organizing documentation, maintaining schedules, and coordinating with auditors to ensure transparency and compliance. 5️⃣ Q: How do you manage multiple deadlines? A: Through prioritization, detailed planning, and using tools like Excel or ERP systems for tracking progress. 6️⃣ Q: Which accounting software have you used? A: SAP, Oracle, QuickBooks, Tally, and MS Excel for reporting and analysis. 7️⃣ Q: How do you ensure compliance with accounting standards? A: By following IFRS/GAAP principles, staying updated on amendments, and applying them in reporting. 8️⃣ Q: How do you analyze financial performance? A: By preparing variance analyses, comparing actuals vs. budgets, and identifying cost-saving opportunities. 9️⃣ Q: Describe a time you improved a financial process. A: Implemented automation for bank reconciliation, reducing errors and saving time. 🔟 Q: What makes you a strong fit for this senior accountant role? A: My analytical skills, leadership experience, and commitment to accuracy and compliance.

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IFRS vs US GAAP A kid's guide to global accounting Here’s what you’ll learn: • Introduction • What is IFRS? • What is US GAAP? • How Are They Different? • Simplicity Wins • Why It Matters to You • Final Thought #cashflow #balancesheet  #finance  #businessgrowth #FinanceManager  #FinancialPlanning  #Accounting  #Budgeting  #Management #Financialanalysis #cfo  #financialmodelling  #dcf hashtag #valuation  #analysis  #planning  #forecast  #finance  #kpis #Costcontrol #costing #internalcontrol #internalaudit #linkedin #Learning #IFRS  #GAAP 

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