Finance Manager
Bitumina Group
Total years of experience :21 years, 1 Months
Achievements:
1. Organized and managed the completion of the consolidated annual audited financial statements in co-ordination with the Accounting Managers from Denmark, Bolivia and China, and with external auditors (Deloitte) in accordance with the IFRS.
2. Lead responsible in the implementation and achievement of ISO 9001 certification in quality management systems for the Dubai office.
3. Created Financial Models and simulations that helped the management analyze profitability and cost efficiency of new and expanding projects.
Duties and Responsibilities:
1. Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; collate financial reporting materials for all geographical locations, and oversee all financial accounting and consolidation.
2. Oversee and lead annual budgeting and planning process in conjunction with the Global Executive Director; administer and review all financial plans and budgets across geographical segments and associate businesses; monitor progress and changes and keep senior leadership team abreast of the organization’s financial status.
3. Implement a robust contracts management and financial management/ reporting system; ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements
4. Update and implement all necessary business policies and accounting practices; improve the finance department’s overall policy and procedure manual.
5. Effectively communicate and present the critical financial matters to the board of directors. Direct communication with the bank for fund management, trade financing, WPS transactions, and letters of credit and guarantees, etc.
6. Oversee administrative functions as well as facilities in Dubai to ensure efficient and consistent operations as the organization scales.
1. Organized and managed the completion of the 3-Year accounting and its subsequent external audit with zero findings and adjustments required.
2. Successfully introduced the first annual budget and accounts system. Implemented weekly forecasting and reporting of financial results versus the budget and annual expectations.
3. Created Financial Models and simulations that helped the management analyze profitability and cost efficiency of new and expanding projects.
4. Introduced financial policies and procedures that strengthen the company’s internal control but eased transaction flows and operations.
5. Cross-sold a 5 year contract for provision of transportation, event logistics and management services worth AED 3, 750, 000.00.
6. Recommended setting transport vehicles with GPS tracking and established an efficient control and driver assignments that resulted to company savings of AED 150, 000.00 annually.
Duties and Responsibilities:
1. Responsible for accounting and budget management of the company, its segment and groups.
2. Prepare monthly analysis of cost of goods/ services sold and operational expenses against prior year and/or budget, providing analysis and business solutions that help mitigate the business risks.
3. Direct communication with the bank for fund management, financing, WPS transactions, and letters of guarantees, etc.
4. Identify, investigate, and analyze potential operational improvement. As appropriate, make proposal based findings for operational changes
5. Assisted management in valuation of investment initiatives, contract management, Project proposals and finance related decisions
6. Analyze financial performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budgets.
7. Issue and monitor client invoices. Explain billing invoices and resolve issues with clients.
Duties and Responsibilities:
1. Responsible for all financial aspects of the company including accounting and budgeting.
2. Prepare daily, weekly, monthly and year end reports to management
3. Direct communication with the bank for cash management, LC import applications, Trust
Receipt application, Export Documents processing.
4. Manage Store including, Daily Transfers to production processing, Costing, store policy
Revisions and implementations, assisting Auditor for the year end count.
Duties and responsibilities:
1. Responsible for all financial management aspects of the of the company including business planning, accounting and budgeting
2. Produce and present week-end, month-end, quarter-end and year-end financial statements to management and Board of Directors
3. Establish, maintain, and coordinate the implementation of accounting and accounting control procedures in the Dubai and Kurdistan offices; monitoring and reviewing accounting and related system reports for accuracy and completeness
4. Directly liaise with the bank for requirements, cash management, placements and investment options
5. Perform advisory services to management in terms of investment initiatives, contract management and finance related decisions
6. Issue and monitor client invoices. Explain billing invoices and resolve issues with clients
7. Main contact person for licensing and other legal requirements of Dubai Multi Commodities Centre including the management of the share transfer, updation of Articles of Incorporation and Board resolutions
8. Interact with external auditors in completing audits.
Duties and responsibilities:
1. Prepare profit and loss statements and monthly closing and cost accounting reports
2. Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions
3. Establish, maintain, and coordinate the implementation of accounting and accounting control procedures
4. Analyze and review budgets and expenditures for management reports
5. Monitor and review accounting and related system reports for accuracy and completeness
6. Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents
7. Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control
8. Explain billing invoices and resolve issues and accounting policies to staff, vendors and clients
9. Recommend, develop and maintain financial data bases, computer software systems and manual filing systems
10. Supervise the input and handling of financial data and reports for the company's automated financial systems
11. Interact with internal and external auditors in completing audits, with the government authorities for taxes, licenses, tariffs, export permits and other related requirements
Duties and responsibilities:
1. Review the adequacy and effectiveness of internal control systems and procedures of the bank
2. Report audit findings and make recommendations for improvement
3. Perform reviews, tests, interviews and observations at the request of external auditor
4. Help identify key points of the system and recommend controls to be established
5. Obtain, analyze, and appraise data to make an informed objective opinion relating to data reliability, adequacy and effectiveness of internal control
6. Maintain and organize working paper files of the audit ensuring that all procedures and analyses in aid of audit are properly documented
6. Prepare formal written reports, as requested, expressing opinions on the adequacy and effectiveness of the system of internal controls and efficiency with which activities are carried out.
Certified Public Accountant Philippines Associate, Certified Internal Auditor Institute of Internal Auditors