FINANCE MANAGER
Summit Steel M E FZE
Total years of experience :11 years, 7 Months
• Direct the preparation of the organization’s financial reports, including profit and loss accounts, Balance Sheet, management financial reports, regulatory reports and filings
• Financial Planning & Analysis - prepare, review and present standalone performance review presentations & budgets to Board of Directors & management
• Working Capital Management - closely monitor the cash flows and take necessary action to improve Net Working Capital
• Lead, direct, evaluate and develop a high performing team to ensure the organization’s financial strategy is implemented effectively, consistently and according to established guidelines
• Continuous process improvement across functions - Sales, Production, Logistics
• Audit - Collaborate with external auditors effectively to ensure smooth completion of audit
• Treasury - Liaising with banks to manage the various banking facilities
• Receivable & Credit Control -assessing customer credit worthiness and credit control for customers, managing credit insurance cover, weekly meeting with Accountant & Account Managers to discuss delinquent customers and plan recovery strategies
• Payroll - Preparation and processing of the monthly payroll file through Payroll ERP
• VAT - Preparation, validation and submission of the quarterly VAT Returns in compliance with the VAT regulations
• Providing support services to Admin, HR & IT departments
• Supervising the payables team and payables function including training the junior staff
• Reviewing expenses -ensuring correct approval, coding and cost center allocation in SAP
• Revenue recognition testing and reporting
• Performance of SOX process walkthroughs
• Month end accruals, general ledger account reconciliations
• Supporting accounting manager in accounts receivable, SOX reporting, banking functions, audit, month end & year end closing
• Liaising with internal and external stakeholders.
Reviewing, verifying records, preparation and presentation of financial statements using pro
audit software, as part of an auditing team
* Conducted risk assessments, client interviews, and audit walkthroughs.
* Compiled and presented audit findings, recommended controls and business practice
improvements
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