FINANCE MANAGER
LYVE GLOBAL LTD
مجموع سنوات الخبرة :13 years, 0 أشهر
(IT Services, Consulting and Food & Beverage Sector)
• Conducting monthly & quarterly closing and issuing financial statements as per IFRS and Audit guidelines.
• Managing all accounting operations including AR, AP, GL, Monthly bank reconciliation (Current, Clearing & Trust Receipts accounts), PDC reconciliation, Cost Accounting, Revenue & Inventory recognition.
• Assisted CFO and CEO in raising Seed and Series A funding from venture capitalists firms.
• Consolidating financial data and responsible for Cash Flow Management / Forecast (AP payments, loan maturity payments, PDCs etc.).
• Develop and document business processes and accounting policies to maintain and strengthen internal controls
• Plans all audit requirements within set deadlines and liaising with external auditors during Audit.
• Validating Sales invoices for SAAS software from data received from tech team and making monthly Sales Analysis.
• Preparation of management reports to facilitate in managing financial risk associated with the company.
• Accountable for preparation of monthly financials / management summary and reporting on the business financial performance to the management for appropriate decision-making purposes as per IAS / IFRS.
• Responsible for preparation of annual budget / forecasts and annual reports along with the revision twice a year, while coordinating with operations heads and look for cost reduction.
• Responsible for performance analysis / review of financial statements actual performance with preceding year, preceding month and with YTD budgets.
• Support quarterly VAT return preparation, filing and ensuring payment deadlines are met, to meet FTA UAE regulations.
• Ensure quality control over financial transactions.
(Food & Beverage Sector)
• Preparing monthly financial statements, bank reconciliations and conducting cyclical audit.
• Managing Accounts Payable and Receivables.
• Conducting monthly closing and issuing monthly financial statements by 10th of the following month.
• Recording all journal entries in Microsoft Dynamics 365 ERP software and manage all bookkeeping functions.
• Maintain balance sheet schedules and reconciliations.
• Issue invoices to brands and customers and follow up for payments.
• Recording all invoices in ERP system including F&B, CAPEX and monthly payroll entries.
• Performing suppliers reconciliations and processing their payments as per agreed payment terms.
• Processing staff salaries through WPS.
• Coordinates with the Auditors and assist them in finalization of Audit.
• Reconciles event POS system reports and contracted vendor settlement statements.
• Reconciling petty cash and cash sales on monthly basis.
• Coordinate with cost controllers and assist them in computation of FCR and in monthly stock count.
• Compute Royalties to be paid to Brands (Customers).
• Preparing all such reports as required by Management within the specified deadline.
• Performing financial statement analysis and variance analysis.
• Reconciling aggregators (delivery partners) reports with our Sales reports.
(Food & Beverage Sector)
• Performing month end closing.
• Maintains F&B Inventory detail records.
• Performs F&B event settlements and prepared event income (flash) reports.
• Preparation of F&B facility financial statements and supporting schedules.
• Reconciles general ledger account activity.
• Balances A/R and A/P control accounts to detail aging.
• Recording all journal entries in XERO & QuickBooks Accounting Software.
• Maintains F&B cash balance records.
• Reconciles cash receipts and disbursements to the general ledger.
• Accounts for facility F&B financial transactions and inputs event journal entries.
• Assists A/R and A/P clerks with coding of receipts and disbursements into the general ledger.
• Performs monthly account analysis on F&B general ledger accounts and prepares adjusting journal entries.
• Processing staff salaries through WPS.
• Coordinates internal and external audits of the facility F&B financial records.
• Prepares monthly schedules for F&B Sales and Mixed Beverage Tax remittances.
• Reconciles event POS system reports and contracted vendor settlement statements.
• Audits F&B cash handling procedures and performs cash vault audits.
• Analyses F&B credit card settlements and chargebacks.
• Reconciles monthly F&B inventory reports and cost of sales calculations.
• Maintained Fixed Assets, Prepayments, and other Balance Sheet Schedules.
(Big 4 CA Firm)
• Conduct external and internal audit of various clients including manufacturing, telecom, banking, pharmaceutical and poultry sector.
• Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
• Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions, resolving discrepancies.
• Understanding nature of business and determined level of Risk.
• Designed audit programs and applied Analytical Techniques where necessary.
• Preparation of audit strategy and identification of control risks.
• Finalize audit of accounts and prepare analysis of accounts.
• Assist with the preparation of the Companys earning press release.
• Assist in the preparation of quarterly deliverables for the Disclosure and Audit Committees.
• Preparation of ad hoc financial analysis.
• Document financial accounting and reporting policies.
• Research accounting literature and apply technical standards and analysis to complex or non recurring transactions.
• Assist with documentation of technical accounting memos, detailing facts, circumstances, and accounting treatment of complex accounting transactions.
• Preparation of quarterly technical accounting updates.
CA INTER
GRADUATION