Senior Commercial Finance Analyst
OSN
Total years of experience :19 years, 4 Months
Major responsibilities include the following but not limited to:
• Preparation of annual financial budgets, their presentation and interpretation to senior management and their periodic reviews.
• Preparation of short and long time business financial plans and forecasts and thier reviews. Evaluation and validation of underlying assumptions by business for forcasts and budgets.
• Continous and comprehensive support to operational heads in their commercial and operational decision making by providing the financial viability analysis of the business projects, deals and products.
• Cost and price analysis of existing and new products and projects. Financial planning of the resources required for upcoming projects.
• Providing commercial analysis, modelling and advice for subscriber deals and track deal status and performance.
• Working with the commercial managers to ensure business cases are submitted in an accurate and timely manner.
• Provide commercial analysis, modelling and advise for subscriber deals within the framework of the business case, ensuring all subscriber activity is also accurately reflected.
• Analysis of financial reports: revenue and costs variance analysis with budget, forecast and prior periods.
• Tracking actual financial results of the individual deals and projects and their comparison with the plans.
• Active and leading participation in preparation of annual financial budgets and their periodic reviews.
Major responsibilities include the following but not limited to:
• Responsible of closing and maintaining correct books of accounts and timely financial reporting in multy entity, multy geographic and multiy currency envoirnment.
• Preparation of consolidated group financial reports and their presentation and interpretation to company management, board of directors and auditors.
• Analysis of financial reports (P&L, Balance Sheet and Business Segments Results): Revenue and costs variance analysis vs budget, forecast and prior periods. Balance Sheet periodic movements analysis. Analysis of each Business Unit financial results.
• Commercial finance analysis: Viability and profitability analysis of products and upcoming business projects. Post project analysis of actual financial results. Cost and price analysis of existing and new products and projects. Financial planing of resources requirement of upcoming business projects.
• Developement of financial controlling processes and procedures and their implementation.
• Understanding and implementation of tax prcedures within the organization accross the group in different regions. Filing periodic tax returns and dealing witn tax payments and refunds and their reconciliations.
• Active and leading participation in preparation of annual financial budgets and their periodic reviews. Preparation of short and long time business plans and forecasts and thier reviews.
• Managing collections and payments from various methods of payments (Cash, Credit Cards, Direct Debits, Bank Transfers, Standing Orders etc.).
• Ensuring liquidity of the company by effective management of cash inflows and outflows. Timely and efficient fund raising where ever and when ever needed.
• Periodic closings of books of accounts, reconciliations, preparation of financial reports and their interpretation to the management.
• Analysis of financial statements and variances between actual and budgeted financial results.
• Formulation and implementation of Budgets & Financial Plans and providing feedback to the management for strategic decision making.
• Establishing processes, models and work flows for finance department to develop an affective internal control system as well as supporting the smooth flow of work both inter and intra department.
• Controlling cash flow by affective management of receipts and payments and raising timely needs of funds if required.
• Financial performance evaluation of business segments by developing accounting tools (cost centers, profit centers etc.) and financial KPIs.
• Ongoing cost reduction analyses in all areas of the organization.
• Engaging in benchmarking studies to establish areas of potential operational improvements.
• Participation in the implementation of financial system/ERP.
• Responsible for monthly payroll through WPS and general.
• Preparing, leading and training accounting and finance team.
Major Responsibilities:
Responsible for Financial controlling and reporting, Financial analysis, Budget preparation and Taxation in accordance with IFRS, US GAAP and Spanish GAAP in an ERP environment:
• GL and statutory control and reconciliations.
• Annual and interim financial closings and reporting at different management levels.
• Supervising finance teams (AR & AP) in France and Spain.
• Variance analysis between budget and actual financial results.
• Revenue analysis and expense control by close coordination with budget owners.
• Annual and interim financial budgets preparation and revisions.
• Taxes and Intrstat declarations for Spain and Germany.
• Intercompany reconciliations.
• Coordinate with internal and external auditors (Deloitte and Earnst &Young).
Major Responsibilities:
• Evaluation of customer financial strength for credit Opening.
• Check and control customer credit limits.
• Manage Accounts Receivables and implementation of company´s credit policy.
• Manage customer aging, DSO calculation and periodic aging reports.
• Monitor credit card operations and deal with their incidents and Charge Backs.
• Management of Tour Operators commissions.
• GL postings and reconciliations.
• Monthly, quarterly and annual closings and reporting.
• Coordinate with internal and external auditors.
Major Responsibilities:
• Review, verify and post vendors invoices and process their payments.
• Reconcile Vendor accounts and conduct the necessary follow-up to settle differences.
• GL postings and reconciliations.
• Monthly, quarterly and annual closings and reporting.
• Coordinate with internal and external auditors.
• Provide significant help and support to senior professionals to review a corporation's internal controls and procedures
• Analyze and evaluate the accuracy of accounting systems and procedures
• Review, develop and recommend changes in accounting systems and controls of a business
• Check and inspect the accuracy of accounts receivable and payable ledgers
• Study and test software and hardware systems of the company
• Develop and maintain the clients and business partners' databases
APA (Associate Public Accountant ) Associate member of IFAC (International Federation of Accountants) Major In: IFRS (International Financial Reporting Standards), ISA´s (International standards on Auditing), Financial Management. Advanced Financial Accounting. Corporate Laws And Taxatioin.
University of the Punjab Bachelor of Commerce (B.Com IT) Major In: Financial Accounting, Cost and management Accounting, Auditing, Taxation and Use of IT in Businesses.
