Senior Financial Administrator
Kearney
مجموع سنوات الخبرة :19 years, 6 أشهر
Kearney is a global strategic management consulting company, founded in 1926 with over 60 offices and more than 3, 500 employees worldwide.
• Performed critical role in implementing the global accounting system in Dubai as one of the Middle East pioneering employees.
• Significantly contributed to Kearney’s growth as it established new offices in the Middle East over the years, such as Abu Dhabi, Qatar, Lebanon, Saudi Arabia, and Oman.
• Advised best practices for the firm's cost-saving measure and revenue generation. Saved $5M annual WHT due to localization of contacts and payments.
• Developed, maintained, and updated accounting controls, policies, and procedures.
• Reviewed/finalized financial statements as per IFRS/Statutory.
• Resolved treasury matters as main bank contact, cheques signatory, ensured adequate account funding, raised/canceled bank guarantees/letters of credit, dealt with forex, opened bank accounts (UAE, Kuwait, Saudi, Qatar), monitored petty cash.
• Prepared and filed monthly UAE/Saudi Value Added Tax Returns and Saudi Withholding Tax, confirmed if invoices received/issued were VAT compliant.
• Prepared/reviewed/posted vouchers including but not limited to accruals, cash, receivables, fixed assets, pre-payments, tax accounts, liabilities.
• Managed monthly balance schedules and closing processes.
• Monitored/reviewed intercompany receivables and payables.
• Supervised Accounts Payable team.
• Prepared/reviewed budgets, forecasts, reconciliations, variance analysis.
• Leveraged Accounts Receivable processes, from Work in Process and contracts review, invoice issuance, invoice entry, cash application, monitoring of outstanding and aged receivables, client collection, reporting, and analysis.
• Implemented best practices and controls on fixed asset acquisition and disposal.
• Attend to auditors, Dubai Statistics, bank listing, In-Country Value Certifications (ICV), client/vendor registration.
• Conducted training to employees on expense reports and timesheet management, Work in Process understanding, MSExcel Advance, and changes in the finance system.
• Supported legal (contract review related to fees and taxes), human resource (WPS set-up and payroll issues), Marketing, Admin, and IT (budgeting and expenses monitoring).
• Reviewed and generated reports related to staffing plan/utilization/capacity analysis.
Yemgas rendered engineering, procurement,
construction and start-up of Liquefied Natural Gas
Plant (LNG) in Yemen and executed major gas and oil
related projects in the Middle East, West Africa and
United States.
• Finalized accounts and financial statements as per IFRS.
• Checked accuracy, completeness and validity of posted
transactions. Ensured that invoices were booked as per T&C of
purchase order/contracts.
• Prepared monthly balance sheet schedules such as
Prepayments, Accruals and others.
• Managed investment forecasts, cash inflows/outflows, forex
deals and hedging.
• Maintained weekly/monthly Cash and Debt Report, Bank
Reconciliation.
• Improved Inter-company Accounts Payables and Receivables
processes.
• Supervised accounts payable and payroll payments through
bank transfer.
• Reviewed client/supplier contracts/purchase orders’ terms of
payments, specifications, bank guarantee inclusions and other
terms and conditions.
Coca-Cola is the world's largest non-alcoholic
beverage company that currently ranks as Number 1 in worldwide sales of carbonated soft drinks.
• Reviewed monthly Balance Sheet and Income Statement.
• Analyzed subsidiary ledger and general ledger accounts.
• Checked the accuracy, completeness, and validity of transactions before posting.
• Prepared monthly Balance Sheet schedules/reports for cash, receivables, prepayments, inventories, accruals, payables.
• Finalized Profit and Loss Statement, annual operating, and capital budgets.
• Determined per product comparative production cost and gross profit.
• Reviewed variances and recommended solutions to minimize fixed operating expenses.
• Developed/interpreted financial reports for forecasting, trending, and analysis.
• Monitored and controlled department budgets/expenses.
• Consolidated nationwide reports.
• Organized Monthly Operations Review Report.
• Prepared Bank Reconciliation Schedule and Cash Flow
• Managed efficient and adequate use of funds. Maintained required Average Daily Balances (ADB).
• Ensured that petty cash fund and petty cash disbursements are properly accounted for and authorized.
• Performed surprise audit to petty cash custodian, logistics, payroll, marketing, sales teams.
• Confirmed that all Non-Trade Receivables are prepared monthly and billed to concerned affiliates to enforce immediate collection.
• Assured that all company loans and advances issued to employees are valid, properly authorized, and following the existing company policy.
• Audited Payment Request Memo. Confirmed completeness and correctness of transactions before disbursements.
• Performed linkage of payroll earnings and deductions to SAP.
• Team lead on a monthly physical inventory of stocks. Reconciled the actual count from the book balance. Initiated investigation and resolution for substantial differences.
• Monitored Fixed Assets/Inventories and ensured proper documentation.
Entrance Test exam result is 98%.