Senior Financial Accountant
SWAROVSKI
مجموع سنوات الخبرة :16 years, 5 أشهر
Key Achievements
-Recognized by Finance Manager for valuable contribution in successful liquidation of our 100% owned subsidiary in 2017.
-Awarded by Director of Finance for successful completion of internal audit by corporate HQ in 2016.
-Successfully implementation of rolling-forecast budgeting together with Finance Manager to provide management with continuous 12 month forward looking approach.
-Recognized by Managing Director for creating and implementing new standardized budgeting process and successfully reduced the Budgeting process from 2 months to under 2 weeks.
-Recognized as a team for radically cutting down finance and administration department cost through cost saving measures, thereby creating 7% saving in 2013 and further 4% 2014 onwards.
Successfully implemented and recognition for below Projects
-Value Added Tax (VAT) as per Federal Tax Authority (FTA) of UAE and VAT return filing
-TAGETIK Platform, which streamlined month-end closing process from 1 week to 3 day.
-Project MobileXpense in 2014, reducing reimbursement process time from 15 days to only 5 days.
-Project Electronic-Banking (EBS SAP addon) to streamline and automate banking reconciliation in SAP along with finance manager in 2014.
Business partnering and controller responsibilities
-Key financial solutions provider for Middle East on areas including VAT, budgeting and cost efficiency.
-Controlling the financial aspect of Middle East’s marketing budget by partnering with trade marketing division for all financial areas.
-Presenting quarterly business reviews on behalf of finance division to whole of Middle East office.
-Providing analysis on financial reports to support overall business strategy.
-Monitoring and educating all business units on key systems, policies and procedures.
-Continuously collaborating with key stakeholders such as:
Banks - EmiratesNBD, HSBC
Auditors - PWC, Deloitte and KPMG
Key Customers and Vendors
-Managing the credit risk exposure and reduced bad debts provision to less than 1% of revenue.
-Part of core audit engagement team.
Management accounting responsibilities
-Initiated and prepared a single-click Dynamic Dashboard for Managing Director on critical business areas.
-Providing MIS reports to Managing Director and Head of Departments with recommendation to highlight key area of focus.
-Actively involved in preparing monthly, quarterly and annually budgeting, forecasting and rolling forecast process.
-Preparation of management reports such as variance analysis, SAP COPA (profitability analysis), DSO (Days sales outstanding’s), operational cost reports, project cost reports and departments cost reports.
-Managing ownership on responsibility accountings methods such as cost center, profit centers, investment centers and project codes.
Financial accounting responsibilities
-Fulfilling local foreign exchange requirements - Managing FX deals with bank and corporate treasury on monthly basis.
-Managing monthly management fees recharges for multiple location worldwide and monitoring netting process.
-Performing multiple currency bank reconciliations for parent and subsidiary company.
-Managing overall PTP (Purchase to Pay) Processes, from vendor reconciliations to disbursement of payment.
-Accountable for OTC (Order to Cash) transactions. Liaising with customer for disputes and rebates reconciliations.
-Managing RTR (Record to Report) duties for G/L ledgers in scope and responsible for overall data hard-coding into SAP.
Accounting responsibilities
-Managing overall PTP (Purchase to Pay) Processes, from vendor reconciliations to disbursement of payment.
-Responsible for payments by e-banking or cheque.
-Accountable for OTC (Order to Cash) transactions. Liaising with customer for disputes and rebates reconciliations.
-Producing manual sales invoices/debit notes/credit notes, customer receipts.
-Managing RTR (Record to Report) Duties for assigned ledgers in scope and responsible of overall data hard-coded into SAP.
-Monitoring and reconciling company asset register.
-Ad hoc tasks requested by chief accountant.
-Managing PTP (Purchase to Pay) Processes, from vendor reconciliations to disbursement of payment.
-Responsible for payments by e-banking or cheque.
-Accountable for OTC (Order to Cash) transactions. Liaising with customer for disputes and rebates reconciliations.
-Responsible for petty cash transactions
-Assisting in administration tasks
Responsibilities:
• Keeping record of Cash Inflows and outflows of the company.
• Creating monthly analysis report for ongoing projects.
• Keeping track of cash Backlogs and yearly profit analysis.
• Documentation work.
Gitex 2011 : Trade Center, Business Hall, Microsoft
Responsible for providing knowledge about a new 'Cloud' based virtual learning platform known as 'Microsoft Virtual Academy' (MVA).
As being the only representative for this unit i was responsible for giving computer based Demonstrations and mini seminar for the public to make them more aware of this academy and to use it for their career growth.
Currently certified CIMA Dip MA with expected completion of CIMA ( Strategic Level) by December 2018
Advanced Excel Formulas Behavioral Finance Budgeting and Forecasting Business Valuation Corporate & Business Strategy Dashboards & Data Visualization Excel Crash Course FP&A Monthly Cash Flow Forecasting Financial Analysis Fundamentals Financial Modeling Fixed Income Fundamentals Fundamentals of Financial Modeling Introduction to Corporate Finance Math for Corporate Finance PowerPoint & Pitchbooks Sensitivity Analysis Startup/e-Commerce Financial Model & Valuation