Assistant Manager
NAS Administration Services LLC
Total years of experience :15 years, 0 Months
Finance
Designed strategic business plans with financial modelling, forecasting and
analysis to develop corporate objectives and budget over the next 1 year.
Presenting of Flash reports and preparing of Group Level Consolidation,
using advanced excel techniques.
Successfully automated financial activities achieving significant reduction
in preparation of revenue reports and financial closing.
Preparation and submission of quarterly financial reporting to Insurance
Authority.
Responsible for formulating and implementing financial policies and
internal practises in the policy manual for network finance department to
achieve better internal control.
Monitoring of Cash flow, forecasting the working capital requirements and
ensuring liquidity, putting in systems to reduce idle funds, negotiate with
banks/ exchange house for a better exchange rate for settlement to
network providers and preventing adverse profit impact due to foreign
exchange variations.
Reduced accounts receivable with timely reconciliation and resolving long
due outstanding issues.
Reviewing monthly invoices for different streams of revenue, JV’s,
schedules for monthly closings and revenue reports.
Monitoring of all purchase and expense accruals that had aged more than
Fund & Cash flow management
Analyse the impact of VAT laws and new IFRS on business processes.
VAT implementation and VAT Compliance-
• Providing accounting and documentation support to ensure that financial
transactions are in compliance with VAT regulations.
• Validation and submission of quarterly VAT returns.
• Prepare and manage all documents in line with VAT regulations and other
related activities.
• Monitor transactional processing and accounting on taxation.
• Researching, analysing and interpreting tax legislation in both inside UAE
and in GCC.
• Compile, verify, and analyse financial information and prepare financial
reports and accounting statements so that senior management has
accurate and timely information for making financial decisions. These
reports include VAT liabilities, VAT returns, regulatory reports and filings.
• Post VAT implementation, designed process flow, reporting mechanism
and invoicing system for all existing stream of revenues and new products
like Claim Settlement charges.
Supervising the process of Accounts Payable and Accounts Receivable and
assisting internal control team.
Negotiating lines of credit.
Assisted internal control team to facilitate the availability of more accurate
and timely information to better manage the business and reduce the risk
of irregularities.
Preparation of Cash Flow and Fund Flow Statement.
Direct and Indirect Tax return for the company and its directors.
Assisting the team in solving queries raised by the audit team.
Handling VAT audits and filling of VAT returns for corporate and non-
corporate assesses.
Responsible for drafting of correspondence under various acts and liaised
with various statutory authorities as an
Handled Statutory and Internal audit of Companies relating to charitable
trust, manufacturing and chemical sectors.
Filing of VAT returns and completing VAT registration for clients
Co-ordinated with department heads to discuss audit findings for their
respective area including corrective actions and recommendations.
Worked on client based customized ERP packages.
Actively involved in vouching of various books like purchase & sales book,
bank book and journal book.
To inspect the account books of a company for analysing the transactions
and efficiency of the accounting procedures.
Preparation and Filing of e-TDS returns
conducted by
-
,