Manager Finance
Etihad Airways
Total years of experience :17 years, 0 Months
Cost Accounting
• Handling of aircraft maintenance cost and ensuring proper cost justification, accuracy, integrity and consistency.
• Liaising with the relevant department for gathering technical information in formulating the accruals and maintaining respective accounts
• Preparing monthly analytical reviews and adhoc reports identifying the areas with variances and investigating the cost variables and contractual changes resulting in such variances.
• Analysing and reporting on adhoc projects to identify potential cost saving areas to the management.
• Preparing audit schedules for external auditors and facilitating the queries raised by them with proper justification.
• Leading finance team in implementation of MRO solution.
• Preparing and compiling reports upon adhoc requests from other departments within the organisation
Outstation Finance
• Reviewing monthly bank reconciliation for all the outstations, understanding nature of reconciling items and ensuring timely clearance.
• Monthly review costs and revenue ensuring accuracy and completeness
• Reviewing monthly schedules of all related assets and liability accounts ensuring accounts are accurately maintained and supported by relevant documents
• Assisting Tax team in preparation of VAT returns and performing necessary reconciliations before filing of returns
• Liaising with respective stations managers for ensuring timely recovery of recoverable assets.
• Addressing adhoc queries and information requests from within and outside the department.
Audit of Financial Statements of Banking, brokerage, Insurance and other financial sector companies. ou work also reviewing the regulatory returns
Previously working in KPMG Pakistan From May 2007 till November 2010
Major responsibilities include:
• Review of compliance with IFRS by the companies being audited and providing them professional advice over their compliance status.
• Identification of key audit risk areas and developing audit strategy and preparing audit programs
• Comparing actual with budgeted targets and analyzing the variances, rationalizing it with supporting evidences and providing feedback to the management regarding budgeting methodologies and preventive measures against unrealistic budgets
• Perform ratio analysis during initial client acceptance, audit planning and final phase of audit to identify the areas with higher risks and evaluating the financial performance of the company itself
• Analytical review of major customers (credit reviews), risk review of insurance policies and provide feedback to the management with regard to the financial performance of the customers.
• Perform analytical procedures comparing the previous period’s performance to current period and procedures on different financial statement accounts to ensure consistency between related account heads.
• Liaison with different operational departments to identify rationales for variances
• Review of period end closing activities such review of journal entries, analysis of system accrued revenue, cost, and billings;
• Review of period end reconciliations between various accounting systems and subsidiary systems;
• Preparation of various financial analytical reports and highlights such as revenue and cost, accounts receivable aging, AR recoverability issues and WIP reserve analysis with reference to stage of completion of the project.
• Assessing compliance with regulations and controls by executing audit program steps; examining and analyzing records, reports, operating practices, and documentations.
• Assessing risks and internal controls by identifying areas of non-compliance; evaluating manual and automated financial processes; identifying process weaknesses and inefficiencies and recommending the controls to mitigate the risks.
• Communicating audit progress and findings by providing information in status meetings, highlighting unresolved issues and preparing working papers.
• Preparing financial highlights for the period and presenting to Audit Committees and other higher management personnel.
• Preparing deliverables cover letters to the financial statements, management Letters, disclosures and opinions.
• Applying KPMG audit methodology on each audit client.
• Client relationship management, co-ordination with professionals in various fields like legal, actuarial and IT experts and decision-making for resolution of critical reportable matters.
• Regulatory certifications including DIFC returns and Insurance Authority returns (as required by regulatory authorities)
I have qualifed Chartered Accountany Examination in June 2010.
I did my Bachelors with 1st Division