🔹 Financial Policy – Anmar First Contracting Company 🔹
At Anmar First Contracting, we maintain a strong financial framework to ensure sustainable growth, operational efficiency, and financial transparency. Our financial policy is designed to optimize resource allocation, enhance profitability, and uphold our commitment to stakeholders, clients, and employees.
1️⃣ Financial Management Principles
💰 Transparency & Accountability – Clear and accurate financial reporting.
📊 Budget Control – Effective planning to optimize costs and maximize value.
🔄 Sustainable Growth – Maintaining financial stability for long-term success.
2️⃣ Budgeting & Cost Control
• Strategic Planning: Project-based financial forecasting and allocation.
• Cost Monitoring: Regular evaluation to prevent overruns and inefficiencies.
• Risk Management: Identifying and mitigating financial risks proactively.
3️⃣ Revenue & Cash Flow Management
• Efficient Invoicing & Collections: Timely billing and follow-up on payments.
• Liquidity Management: Ensuring sufficient funds for project execution.
• Investment Strategy: Smart reinvestment in technology, equipment, and workforce.
4️⃣ Payment & Procurement Policies
📜 Supplier & Contractor Payments: Fair and timely payments based on agreements.
🛠 Procurement Standards: Cost-effective purchasing while maintaining quality.
💳 Expense Approval Process: Strict controls for financial transactions.
5️⃣ Compliance & Financial Reporting
• Adherence to local and international financial regulations.
• Regular financial audits to ensure compliance and integrity.
• Transparent reporting to stakeholders and investors.
🚀 Anmar First Contracting – Ensuring Financial Strength for Sustainable Success!