Financial Analyst
Al Ghurair Foods
مجموع سنوات الخبرة :13 years, 0 أشهر
Initiating and supporting Strategic Planning for 5 Years Business Plan with coordination of higher management.
Initiating and Conducting Yearly and Quarterly Budgeting and Forecasting Process across all departments.
Responsible for uploading the business plan in Hyperion (Oracle) Planning Module.
Establishing and Preparing Key Performance Indicators (KPIs) for various departments and reporting on monthly basis for performance evaluation.
Providing AD HOC reports on all the business aspects financial as well as non-financial information.
Providing and Supporting Group Head office and Government Offices for their information requirements.
Preparing and Analyzing Financial Performance and Position of all the Units on Monthly basis and communicating the finding to HODs & CEO for review.
Conducting monthly variance analysis on Actual Vs Budget VS Forecast and reporting the findings to the management.
Preparing Weekly and Monthly Sales report with variance Analysis for management Use.
Responsible for setting up monthly prices for each Unit with coordination of Sales Department.
Calculating Special Prices for specific Contract Based Business
Responsible for approving the FOCs (Free of Charge) goods ensuring proper procedure have been followed along with cost analysis.
Supervising month end closing, conducting ad-hoc variance analysis before closing and sample based GL audit for ensuring variances conforms to the actual events and proper posting of Sales order, Purchase Invoices and Journals have been done.
Supporting External and Internal Audits with requested reports and assistance.
Preparation of Master Annual Budgets, Divisional Budgets and Capex Budgets in coordination with client’s division heads and other departments. Assessing the estimates and judgements used by divisional managers for determining future growth rate in sales and expenses.
Conducting and reporting the variance analysis of the actual and forecasted budget and giving recommendations for corrective actions.
Conducting Business and Financial analysis for clients from different industries and reporting the trends and recommendations to the management.
Performing in-depth assessment of the costs for the products manufactured and gives recommendations on cost cutting and improving efficiency.
Assisting in calculation of product pricing and margins in coordination with client’s management.
Designing and implementing accounting policies and procedures for the financial system of the companies.
Implementing Internal Controls and Work-Flow charts for different business processes within the entities.
Performing internal audit engagements and agreed-upon procedures engagements.
Gathering and reporting data for developing business plans for various industries.
Performing ratio analysis for developing Risk matrix of the clients.
Implementation of risk-based Audit Methodology, compiling reports of audit results and communicating the findings to audit managers and client's management.
Responsible for various administrative tasks, such as assisting in preparing Engagement Proposals, Presentations and Evidence recording.
Compilation of Annual and Interim Financial statements (Trial Balance, Balance Sheet, Profit & Loss Account, Cash flow Statement) with full disclosures according to the IFRS and statutory framework.
Conducting and reviewing a number of assurance assignments which included planning and reviewing the entire job, understanding internal controls and conducting system reviews with the objective of recommending improvements.
Audit of Financial Statements including planning, execution, of various local and multinational companies.
Reporting on internal controls including systems evaluation, identification and reporting of internal control weaknesses and their rationalization.
Obtaining and evaluating the information on the businesses and its’ environment for identifying risk areas and analyzing the level of audit risk involved.
Variance Analysis Month on Month (MoM) & Year over Year(YoY)
Preparation of Financial Models for various Clients projects.
Preparation of Standard operating Procedures for the finance Department of the Companies.
Inter- Company Balances reconciliations for Complex Structured Groups.
Handling of whole accounting cycle and procedure (Transaction level to trial balance till balance sheet, income statement and statement of cash flows).
UAE- Chartered Accountant
ACCA - Full Member
Certified Accounting Technician