Farah Al Refai,    MSc., Senior Analyst - Finance & Accounts

Farah Al Refai, MSc.

Senior Analyst - Finance & Accounts

SHUAA Capital

Location
United Arab Emirates - Dubai
Education
Master's degree, Banking & Finance
Experience
5 years, 6 months

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Work Experience

Total years of experience :5 years, 6 months

Senior Analyst - Finance & Accounts at SHUAA Capital
  • United Arab Emirates - Dubai
  • January 2016 to March 2018

• Carrying out all tasks related to cash activities including daily settlements with markets and clients.
• Monitoring of daily trading cap for all markets.
• Preparing of daily cash reconciliation with banks, markets and DVP clients.
• Preparing of monthly cash and securities reconciliations with markets and DVP clients.
• Carrying out client cash segregation processes on a monthly basis.
• Preparing of monthly regulatory returns.
• Closing the books on monthly basis and preparing group financial templets.
• Preparing quarterly and annual financial statements with periodic external reviews and audit.
• Responsible for similar activities on other group entities.
• Handling Treasury functions during the absence of the treasury personnel.
• All other ad hoc projects and duties where required.

Finance & Operations Senior Associate at Al Ramz Capital
  • United Arab Emirates - Abu Dhabi
  • October 2012 to December 2015

Al Ramz Capital LLC. (RAMZ) is one of the premier and long-standing brokerage houses in the United Arab Emirates (UAE). RAMZ is licensed by the Securities and Commodities Authority (SCA) to exchange securities in the Abu Dhabi Stock Exchange (ADX) and the Dubai Financial Market (DFM). It is also a registered member of NASDAQ Dubai, which allows it to trade securities in that market.

Main Responsibilities:
* Summarize current financial status by collecting information, preparing balance sheet, profit and loss statements and branch performance and expenditure reports on monthly, quarterly and year-end basis.
* Compile and analyze financial information to prepare entries to accounts and document business transactions.
* Develop, maintain, and analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
* Prepare daily banks position and bank reconciliations.
* Monitor and review accounting and related system reports for accuracy and completeness.
* Verify and reconcile contracts, orders, and vouchers, and prepares reports to substantiate individual transactions prior to settlement.
* Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents.
* Resolve accounting discrepancies.
* Interact with internal and external auditors in completing quarterly and year-end audits.
* Prepares and consolidates all working papers to meet with IFRS reporting requirements as support for the notes to the financial statements. This includes assets impairments, asset useful life, residual values and internal management representation letters.
* Handle the settlement of transactions with counter-parties which may include investors or correspondent banks.
* Perform other related F&O work as required.

Education

Master's degree, Banking & Finance
  • at Yarmouk University
  • June 2012

- Master’s Degree in Banking and Finance Sciences-(Financial Management). - Thesis Title: Determinants of cash Holdings of Industrial Firms Listed in Amman Stock Exchange.

Bachelor's degree, Banking & Finance sciences
  • at Al Yarmouk University
  • January 2010

- Major subjects in: Financial Management, Risk Management, Investment and Portfolio Management, Insurance Management, Banking Management, International Finance, Financial and Banking Applications at computer and Financial Analysis. - Minor subjects in: Economics, Accounting, Business Management and Marketing.

Languages

English
Expert
Arabic
Expert

Memberships

IMA
  • CMA candidate
  • June 2014

Training and Certifications

UAE Financial Rules & Regulation (Certificate)
Date Attended:
May 2013
Valid Until:
January 9999
TOEFL itp (Certificate)
Date Attended:
January 2010
Valid Until:
January 2010