Financial Policy โ 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.
Financial Management Principles
Transparency & Accountability โ Clear and accurate financial reporting.
Budget Control โ Effective planning to optimize costs and maximize value.
Sustainable Growth โ Maintaining financial stability for long-term success.
Budgeting & Cost Control
โข Strategic Planning: Project-based financial forecasting and allocation.
โข Cost Monitoring: Regular evaluation to prevent overruns and inefficiencies.
โข Risk Management: Identifying and mitigating financial risks proactively.
Revenue & Cash Flow Management
โข Efficient Invoicing & Collections: Timely billing and follow-up on payments.
โข Liquidity Management: Ensuring sufficient funds for project execution.
โข Investment Strategy: Smart reinvestment in technology, equipment, and workforce.
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.
Compliance & Financial Reporting
โข Adherence to local and international financial regulations.
โข Regular financial audits to ensure compliance and integrity.
โข Transparent reporting to stakeholders and investors.
Anmar First Contracting โ Ensuring Financial Strength for Sustainable Success!