Assistant Finance Manager
AVIVO Group
مجموع سنوات الخبرة :14 years, 1 أشهر
Financial Accounting, Budgeting and Financial Analysis - • Review of monthly MIS for all Group Companies • Preparing IFRS compliance Financials for AVIVO Group • Assist CFO and CEO for Key budget and forecast data and analysis • Approvals of all Vendor Payment and all expense including reimbursement • Account receivable Management for Corporate receivables and Insurance receivables • Review and Filing of VAT return with FTA for all Group Companies based on due date as per UAE VAT Law • Ensuring completeness of Internal and External audit for all group companies on time • Preparing and updating SOP for all business processes based on End to End process understanding and inputs shared by Auditors
Leading the overall functionality of the Finance division for exercising optimum financial controls for ensuring proper utilization of money to ensure no leakage of revenue & maximum utilization of resources. With the team of accounting officers, accomplishing activities of -
Financial Accounting and Management
Financial Operations and SOX Control
Financial Planning and Analysis
Accountable for supervising, tracking and evaluating day-to-day activities include establishing financial status by developing and implementing systems for collecting, analyzing, verifying and reporting information.
Financial Accounting, Budgeting and Financial Analysis -
• Work closely with senior management to increase company efficiency, profitability by assisting the deep-diving role in FP&A
• Streamlining accounting and business process and evaluate cost controlling and cost-saving initiatives
• Analyzing financial and operational results to better understand company performance and providing a monthly analytical review to local management and Business Head on the Office Financial Position
• Evaluating previous budgets, expenditures to develop and implement future budgets
• Managing cash flow at Opco Level so that all planned payments can be processed on the due date
• Reviewing and approving client wise revenue for every month and ensure it is correctly recognized in the system
• Evaluating and consolidating Monthly MIS for all offices and reporting same to Regional Office as per the monthly closing calendar
Financial Operations and SOX Compliance
• Scrutinizing and approving all vendor invoices and ensure payment to vendors as per commercial agreed
• Conducting monthly review of unbilled work in process to ensure timely billing for all pass-through cost
• Ensuring SOX Compliance and Reporting of all SOX controls are operating effectively as per Target Operating Model (TOM)
• Guaranteeing all SOP of business process areas are updated as per TOM and documentation of SOX Controls
• Synchronizing with various stakeholders - including auditors (Internal and Statutory), tax consultants, and banks
Executed financial (external/statutory) audits for the leading clients of the global management consulting firms, gaining a financial and business model understanding of various industries - petrochemicals, manufacturing, service, pharmaceuticals and telecommunication.
• Assisted Partners in the performance of complex audit assignments, undertaking specific elements of the assignment with minimal supervision. Completed allocated work within required time and budgets and to the required quality standard.
• Led a team of auditors and interns and directed the audit plans and executions - assisting the team members with procedures and the methodology to be adopted.
• Performed analytical review of financial statements and given commentaries for material Balance Sheet and Profit & Loss movements, following Indian Accounting Standards (IGAAP).
• Ensured compliance with the Indian Accounting Standards issued by Companies (Accounting Standard) Rules, 2006
• Managed & conducted risk-based internal audits including team building, work allotment, scope designing, and delivery as per client expectations. Audit under Internal Financial Control of various international MNC’s.
• Performed business process analysis by carrying out walkthrough sessions, charting of value chains, & identification characterization of risks involved in the processes, framing of controls for mitigation of risks.
• Provided solutions/recommendations as a consultant on the issues related to internal control/statutory compliance which were identified through the audit process.
• Prepared of Financial Statements under Indian GAAP and Ind AS for International clients, assisting in consolidation activity of Multi-division accounts of large business groups.
Executed financial (external/statutory) audits for the leading clients of the global management consulting firms, gaining a financial and business model understanding of various industries - petrochemicals, manufacturing, service, pharmaceuticals and telecommunication.
• Assisted Partners in the performance of complex audit assignments, undertaking specific elements of the assignment with minimal supervision. Completed allocated work within required time and budgets and to the required quality standard.
• Led a team of auditors and interns and directed the audit plans and executions - assisting the team members with procedures and the methodology to be adopted.
• Performed analytical review of financial statements and given commentaries for material Balance Sheet and Profit & Loss movements, following Indian Accounting Standards (IGAAP).
• Ensured compliance with the Indian Accounting Standards issued by Companies (Accounting Standard) Rules, 2006
• Managed & conducted risk-based internal audits including team building, work allotment, scope designing, and delivery as per client expectations. Audit under Internal Financial Control of various international MNC’s.
• Performed business process analysis by carrying out walkthrough sessions, charting of value chains, & identification characterization of risks involved in the processes, framing of controls for mitigation of risks.
• Provided solutions/recommendations as a consultant on the issues related to internal control/statutory compliance which were identified through the audit process.
• Prepared of Financial Statements under Indian GAAP and Ind AS for International clients, assisting in consolidation activity of Multi-division accounts of large business groups.