Senior Financial Analyst
Adnoc onshore
Total years of experience :15 years, 7 Months
Manage all activities related to organizations financial performance and ensure timely deliverable of various reports which enables ADNOC Onshore senior management and stakeholder’s decision making.
Cater to Finance and Control Division achieving short and long-term goals and contributing to ADNOC Onshore’s and Shareholders objectives.
Under this role I am reporting directly to Head of Employee Services, where in I am appointed as a Business Finance role to manage all financial affairs of GHR and facilitate all reporting figures to FCD and other business. I am also leading and supervising the Payroll Operations team, coordinating the daily activities & prioritizing work load to ensure the delivery of high quality, responsive and efficient service to NBAD employees.
My current responsibilities are:
Ensure the accuracy and timely processing of all the work, based on SLA's and in accordance with Department Policy.
Generating reports and analyze business expenses (OPEX) & Balance sheet.
Conducting the year end budget exercise for GHR, including staff cost.
Monthly review of Budget VS Actual variances.
Monitor & Reconcile daily transactions under various GL’s/Transit accts & Sundry Debtor/Creditor.
Sound knowledge of Banks Financial system setup in respect to staff and other OPEX
Conducting month and year end provisions for all staff related expenses such as Outsource staff cost, recruitment cost, consultancy costs, full and final settlement, education allowance and Medical cost in order to neutralize the overall bank expenses and avoid fluctuation under the expense lines
Facilitate key financial statements pertaining to GHR Operational expenses and staff cost to departmental heads/FCD/Project Managers..
Verify and approve the costing information of Final settlements of exit staff.
Act as a focal point for payroll related queries and responsible in investigating issues, providing resolution or escalation if necessary.
Manage all Payroll/staff related expenses to be allocated/amortized/recovered on monthly/quarterly basis before month end.
Sound knowledge of Oracle HRMS system, to view and advise team to how and when to amend staff profile without significantly impacting the payroll.
- Liaise with Business Group Heads and assist senior manager in preparation of sales incentive, expense management, financial reporting and business presentations.
- Core knowledge of key retail products in regards to incentive preparation, ad hoc MIS requirement, sales trend analysis and data verification.
- Assist Managers in streamlining various routine tasks to cut down on the Turn Around Time (TAT) for business enhancement.
- Work closely with all business departments for maintaining Incentive policies and Vendor agreements in order to have a controlled system over expense management as per FGB policies and audit requirement.
- Maintain incentive trends versus actual sales and utilize the information towards business performance reports on monthly basis.
- Update invoices in an internally created web based tracking system for a better inspection on tracing numerous bills until the final payment has been made.
- Reconciling all the Retail/Provision accounts to keep track of the all payments on monthly basis and using the same for Proofing and Verification reports, as per Audit and Financial Control requirement.
- Assisting managers in coordinating and maintaining Collection Department’s various endeavors; such as incentive payouts, Allocation/Target/Resolution portfolio movements, Collection Agency Invoices, Bucket Analysis, write offs/provisions.
- Supporting managers in coordination and maintaining Personal Loan and Small Business Loan various endeavors, such as Incentive payouts, Monthly Sales analysis versus staff incentive, Revenue versus cost analysis.