Financial analyst
SADITA Holding Co.
Total years of experience :6 years, 10 Months
Duties:
1. Consolidating and Analyzing Financial Data: Gather and consolidate financial data, taking into account the company's objectives and financial position. Perform in-depth analysis to identify trends, patterns, and anomalies.
2. Cost Reduction and Performance Improvement: Offer innovative suggestions and recommendations to enhance cost-efficiency and optimize financial performance, aligning with the company's goals and strategies.
3. Sophisticated Reporting: Create and structure sophisticated reports detailing the financial status and associated risks, providing valuable insights for decision-makers.
Responsibilities:
1. Financial Data Consolidation: Aggregate and analyze various financial data sources, including budgets, income statement forecasts, and historical financial records, while considering the company's financial objectives.
2. Cost Optimization: Develop and propose creative alternatives and strategies aimed at reducing costs and improving overall financial performance.
3. Financial Modeling: Construct comprehensive financial models, conduct benchmarking exercises, and perform process analysis to support strategic decision-making.
4. Trend Identification: Recognize financial trends and patterns, advising the company's leadership team, and making data-driven recommendations to the CFO.
5. Actual vs. Forecast Analysis: Continuously monitor and evaluate the financial status by comparing actual results against forecasts, facilitating timely adjustments and decision-making.
6. Data Reconciliation: Scrutinize financial transactions, comparing and rectifying data discrepancies to ensure accuracy and integrity in financial reporting.
7. Strategic Consultation: Collaborate with management to provide insights and influence long-term and strategic decision-making across the organization, considering a broad spectrum of factors.
• Assist with planning, budgeting, forecasting, analysis, modelling and reporting of the total retail business
• Assist in the development of Five year strategic business plan as well as monitoring the ongoing performance and business profitability against plans to enable direction or corrective action to optimize ongoing business performances
• Model and provide previous, current and forecasted financial information to assist and enable brand, operations and support function management to review performance and build business plans that optimize trading patterns.
• Review budget against actual trading performance every period.
• Ensure timely and accurate production of reports for different brands highlighting deviations from the KPIs and presenting the findings to the top management including CEO on a weekly basis.
• Coordinate with all levels of management to gather information from all business units to collect data for monthly KPIs and quarterly control testing to analyse, summarize, providing recommendations on financial plans.
• Preparation of monthly profit & loss account, analysing the variations and reporting directly to CFO.
• Preparation of weekly sales performance and gross margin analysis report of different departments and reporting directly to CEO.
• Preparation of performance dashboards according to the requirements of management for different brands on a periodical basis.
• Gathering data from system and preparation of Cogs.
• Preparation of financial budget, sales forecasts and monitoring the variations.
• Follow up on budget, forecast including deep dive on deviations on Cogs.
• Preparation of five years financial modelling plan.
• Analysing Purchase orders and indicating the variations.
Key responsibility
• Prepares Accounts Payable and Accounts Receivables.
• Sales reconciliation.
• Inventory and audit controls.
• Monitor Accounts Receivables report on a regular interval to identify collections.
• Ensure that the different types of payments/collections are made accurately and entered in the
system and matched with related transactions.
• Follow up and process supplier/customer vouchers/invoices for payments/collections and
credit/debit notes.
• Conduct bank/cash reconciliations.
• Ensure the consistency of physical data and data in the system.
• Summarizes current financial status by collecting information; preparing balance sheet, profit and
loss statement, and other reports.
• Substantiates financial transactions by auditing documents.
• Reconciles financial discrepancies by collecting and analyzing account information.
• Prepares payments by verifying documentation, and requesting disbursements.
• Create and maintain supplier/customer data related to accounting and finance activities.
• Prepares budgeted sales and actual sales reports and pass the information to the management.
Key responsibility
• Processing corporate actions.
• Timely completion of Zen desk tickets (dealing with US clients, associates and mangers in US)
• Client account rebuilding.
• Maintains database by entering, verifying, and backing up data.
• Researching and analyzing activities of client trade transactions.
• Ensuring team’s work completion within the stipulated time.
• Allocation of team’s work in the absence of senior lead or if situation demands.
• Ensuring quality of team work and preparing reports weekly and reporting to manager and taking
necessary steps to improve the team’s work.
• Taking trainings to team and preparing team’s monthly performance report.
• Protects operations by keeping financial information confidential.
• Part of Foreign Portfolio Management Team
MBA specializing in Finance Management passed with first class under Mahatma Gandhi University in the year 2015-2017 from Saintgits Institute of Management
B. Com with 75% under Mahatma Gandhi University from St. Mary’s College for Women, Kerala in the year 2012-2015.
Completed Central Board of Secondary Education from Sunrise English Private School, Abu Dhabi with 78%. (XII)