Finance Manager
USERA - US EMBASSY
Total years of experience :17 years, 2 Months
• Led and coordinate the reporting cycle, manage BU performance and prepare reports to share with
management team where required.
• Develop organizational budget strategies along with development of long-term financial forecasting process for departmental Operations.
• Lead the development of company financial policies, procedures and ensure proper implementation
of internal controls
• manage payment cycle to ensure smooth operations while enforcing the right control procedures
• Ensure the integrity of financial statements, the protection of its financial assets and provision of timely and reliable financial information to various internal and external stakeholders
• Monitor fixed assets, Capex planning and control versus operational budgets
• Provide expert advice on cost and financial issues related to existing projects and conduct related analysis
• Liaise with external auditors to deliver interim and year end financials requirements
• Manage BU treasury function include building strategy, planning required bank facilities for
operational and strategic requirements to secure healthy cash flow position
Review invoices which is to be charged to the tenants, preparing debit notes and credit notes.
Reviewing of all invoices such as soft services, facility management and marketing invoices.
Key result Area: Budgeting
Oversee budget spending based on Unified Centers projects and Clients Projects, Affiliated / related companies in coordination with Finance Department
Prepare and verify all the information and data of the operational budget as per the service providers contract and dashboard analysis.
Developing UAPM Service proposals & fees in addition to the production of the related Operating Budget and Commercial Kits.
Audit collection on daily basis and to be submitted to the finance department on time.
Prepare comprehensive analysis collection reports to be submitted to COO.
Liaising with finance department for day to day collection transactions management and reconciliation
Prepare monthly collection report including dashboard.
Key Result Area: PMD Reporting
To review the rental accountant executed duties such as issuing invoices to tenants.
Manage recording of water meter readings and compute water charges to the tenant in addition managing sewage charges.
Prepares DSO monthly report for management reporting.
Handles major customers accounts reconciliation ( PANDA, TAMIMI, OTHAIM, SAUDI AIRLINES CATERING, DOMINOS PIZZA, SHAWAYA HOUSE & etc.)
Manage Export customers account.( MENABEV & GCC customers )
Handles the Marketing Supports, rebates & incentives that customers should get based on the agreed contract.
Prepares the Credit Application Study requested by a customer.
Managed customer accounts by ensuring any issues and queries were dealt with professionally and resolved quickly & efficiently ensuring no Payment Delays.
Developed credit review & matrix schedule and collection strategy to reduce delinquency.
Prepared analysis of bad debts including making recommendations to the management for proposed bad debt to write off.
Prepares comparison report for actual cash & credit collection versus actual sales report for each month.
Reviewing of Letters of Credit.
Meets with Sales Managers / Department for any credit issues arises.
Involves with fraud & detection committees regarding illegal sales & collection activity.
Execute and monitors credit & treasury policies.
Project Assigned: Australia, Singapore, China, Japan, Thailand, & India
•Supervise all cash management functions including bank transfers, cheques, cash payments. Manage inter-company cash and capital injections.
•Monitor the financial needs and duties of the company on a monthly and quarterly basis.
•Keep track of all invoices and supporting documents for each supplier, vendor, purchase orders, bank transfers, cheques, cash payments, etc.
•Bank Reconciliations and analysis of discrepancies.
•Keep track of the schedule of Account Payables and Account Receivables.
•Collaborating with Admin and engineering departments to develop monthly and quarterly budgets, cash flow, etc.
•Coordinate with operational managers at the site for purchases made in cash.
•Ensure compliance with internal controls, policies and procedures. Develop and monitor treasury operational policies.
•Develop and monitor treasury operational policies.
•Negotiations with banks regarding interests, bank charges and Letter of Credits.
•Supervised AR staff collection in different location around Asia Pacific region.
•Prepares the monthly DSO report analysis presentation for month online meeting with CFO and Treasury team.
•Prepared weekly collection and DSO report from all business units and ensuring all issues are communicated in a timely manner.
•Together with land based AR accountants, develop strategies to manage exposures to interest rate and foreign exchange risks where appropriate.
•Liasing with bank to understand treasury ruling and banking system on foreign transactions.
•Verifying escalation procedures of long standing debts.
•Forecasting cash payments and anticipating challenges arising from limited cash flow.
•Do yearly business visit to some countries with most huge collection contribution to expand revenue target.
•Implement and monitors credit policy and fraud practices respectively to avoid business relation gap.
detailed account reconciliation to identify and facilitate resolution of disputed receivables
•Drive follow-up and resolution within MS, customers, peers and managers
•Provide monthly metric reports accompanied by proactive analysis
•Meet monthly collection targets
•Escalate issues and disputes in accordance with client escalation policy and procedures
•Assist in the preparation of management reports in line with Clients and Accenture’s requirements
•Attend client meeting to discuss debtor performance and address issues as required.