Financial Advisor
Shamshad Radio & Television Educational Networks
Total years of experience :40 years, 0 Months
Responsibilities:
• Direct all financial activities and accounting functions, including general ledger,
accounts payable, accounts receivable, purchasing, payroll, bank reconciliations,
audit, insurance and tax reports, and planning and monitoring cash flow.
• Supervise and work with the finance team on all financial reports etc.
• Manage the reporting on all grant budgets.
• Appraise the organization's financial position and generates and present monthly
fiscal reports to the Chief Executive Officer and Executive Management team
• Prepare the annual budget in coordination with senior management, program directors
and Board.
• Formulate, recommend and implement sound fiscal policies, procedures and controls.
• Support the development and implementation of strategic, operational and capital
plans for the company.
• Identify and manage business risks and oversee the implementation of new
accounting software.
• Set up liquidity management, profit and cash flow forecasting systems and processes
• Set up a Revenue Unit within the Finance department to raise invoices and
monitoring receivables
• Conduct capacity development of staff, through supervision and guidance, in the
following:
• Planning and Budgeting
• Financial Reporting
• Management Information System
• Liquidity Management
• Revenue management
• Payable management
• Cost Accounting
• Enterprise Resources Planning system
The position report to the President of the company.
Accepted a contract to work for Cetena Group in Kabul Afghanistan as Finance Director Clear the mess in QuickBooks 6 and QuickBooks 11and extract a reliable Financial Report. Set up systems, policies and procedures. Handle Procurement Section. Budget formulation, cash flow projection and rolling forecast. Monthly Management reporting package. Banks reconciliation, Inter company reconciliations and banks reconciliation. Accounting for Grants.
Established Mr. SL General Merchandise, a licensed grains retailer business, myself as owner and accepts accounting jobs from small entrepreneurs to augment family’s income while waiting for my next overseas contract/assignment.
Principal Responsibilities:
Finance and Accounts Management
Anticipate financial and accounting problems and have strategies in place to deal with them.
Provide weekly cash flow forecasts to GM, Directors and shareholders
Provide accurate, quality and timely monthly reports to GM, Directors and shareholder
Strategic Management and Professional Leadership
Member of the management team and working collegially to ensure the direction of the company is driven by its strategic objectives;
Engaging in rigorous debate and working collegially with colleagues across the company to ensure a common understanding and agreed approach;
Assist in developing a work program which strategically aligns the company’s direction and its functions;
Contributing to the development of the performance and capability of the company;
Providing professional support to colleagues to enable success in their respective key areas of focus.
Change Leadership and Group Management
Leading the development of a performance based culture within the company through:
information sharing; role modeling high professional standards;
creating an environment which supports learning and development;
Supporting organisational development initiatives;
Building capability in the company in ways which provide ongoing strength;
Ensuring teams are well resourced and balanced, and their activities are well prioritised through:
- Planning;
- Reporting and Monitoring
Leadership to Build a Strong Operations Function
Contributing to an integrated approach and oversee the application of ‘best practice’ standards in the implementation of policy, provision of advice and support and the provision of professional development
Ensuring robust and consistent operational approaches are used and are based on sound research/evidence
Relationship and Network Development
Building direct relationships with company stakeholders
The position reports to the General Manager and Directors.
1. Recruitment and training of suitable staff and succession planning
2. Regularly review departmental structure for appropriateness and
effectiveness
3. Ensure clear communication with all operational departments
4. Prompt distribution of management accounts
5. Hold regular accounts meeting with all cost account holders
6. Streamline bookkeeping procedures and reduce duplications
7. In charge of Treasury using ANZ ebiz Internet banking
8. Manage all insurance matters including payment of premiums
9. Prepare weekly cash forecasts in close liaison with GM
10 Promote understanding of budgeting and meaningful unit cost control
11.Company Secretarial duties as required
12.Review of Personnel recordkeeping and township maintenance
13.Other duties as required by GM
Work with Trustees and Management to ensure a system is in place which ensures that all
major risks of the company are identified and analyzed on an annual basis
- Plan, organize and carry out Internal Audit function including the preparation of an audit
plan which fulfills the responsibility of the Department, scheduling and assigning work and
estimating resource needs.
- Report to both the Financial Manager and Management on the policies, programs and activities
of the Department
- Coordinate coverage with the External Auditors and ensure that each party is not only aware of
each other’s work but also well briefed on other areas of concern
- To make recommendations on the systems and procedures being reviewed, report on the
findings and recommendations and monitor management’s response and implementation
- Review and report on the accuracy, timeliness and relevance of the financial and other
information that is provided for Management
- Conduct any reviews or tasks requested by Trustees, the Management, Chief Executive or
Finance Director, provided such reviews and tasks do not compromise the independence or
objectivity of the Internal Audit function
- Provide both the Management and Financial Director with an opinion on the Internal Controls
in the company
. Reconciliation of bank accounts and Inter company transactions on IFS software
2. Inventory revaluation of Raw Materials and Related Supplies
3. Analysis of costs per Project and journalize necessary corrections
4. Analysis of Work in Progress Account and make necessary corrections
5. Scrutiny of Fixed Assets Register and related depreciation/amortization
6. Analysis of Financial Statements extracted from IFS software
7. Comparative analysis of actual vs. budgeted costs per project
8. Liaise with external auditor on financial audit Ernst & Young
9. Training local staff
. Reconciliation of Inter company cash transactions and investments made by affiliated
Companies using SAGE, then VISMA software
2. Treasury function; accounting of funds sent to affiliated companies
3. Assists the Financial Controller in budget preparation
4. Analysis and journal corrections of affected accounts based on inter company transactions
5. Monthly reporting of transactions
6. Post audit of disbursements
7. Maintenance of Fixed Assets Register, depreciation/amortization
8. Maintenance of Cell Sites Register
9. Scrutiny of Accounts Payable module
10. Coordinate with external auditors KPMG and PWC on annual financial audit
11. Teaching local staff accounting systems and techniques
1. Consultant Accountant for Shoreline Power Limited of Tonga’tapu Island
2. Consultant Accountant for Island Power Limited of Vava’u Island
3. Monthly preparation and reporting of Financial Statements extracted from
Peach Tree software.
4. Analysis and systems evaluation of Financial & Power Operations work
Plans.
5. Banks reconciliation, reconciliation of Inter company Fund Transfers
monthly
6. Liaise with external auditor Beech, Morley and Berrett on annual financial
audit
7. Training local staff
1. Planning, formulation and implementation of company/accounting
policies in accordance with IFRS/FASB/GAAP/GAAS.
2. Set up accounting system for the group
3. Preparation/consolidation and monthly reporting of Financial
Statements ACCPAC
4. Budget forecasting/ Cash Flow Projection
5. Fund management and control thru Hexagon Network Banking of HSBC
6. Monthly reconciliation of ledger cash balance vs. bank statement
7. Analysis of actual vs. budgeted expenditures per project
8. Internal pre-audit and post audit of disbursements
9. Annual ocular inspection/inventory of company properties
10. Taxation/government statutory reportorial requirements
11. Attends to external auditors on annual financial audit Delloite and
Andersen, due diligence audit by PWC.
12. Signatory on company checks and all financial & tax matters
13. Personnel recruitment and training
a) Scheduling of annual vacation leave
b) Scheduling of necessary training update required for the job
c) Quarterly performance evaluation of staff
d) Monitoring of 201 file
14. Compensation and benefits officer
a) Prepare monthly payroll, net of government regulatory requirement
deductions, for direct credit to bank account of each employee
b) Acquisition/renewal of annual group life and accident insurance policy
for staff
c) Acquisition/renewal of annual group medical insurance policy for staff
d) Acquisition/renewal of individual medical insurance policy for officers
15. Coordinates with the National Commission for Indigenous People
(NCIP) for distribution of company sponsored relief goods and
livelihood programs for the IP’s (Mangyan) of Mindoro Island.
Head of Finance and Administration Department
1. Preparation and monthly reporting of Financial Statements (MYOB/S-
Fast)
2. Analysis of actual vs. budgeted expenditures per principal
3. Monthly reconciliation of bank statement with general ledger balances
4. Internal pre-audit and post audit of disbursements
5. Annual ocular inspection/inventory of company properties
6. Controls Billing to Principals of Agency fees & reimbursable expenses
converted to US$.
7. Taxation/government statutory reportorial requirements
8. Attend to external auditors on annual financial audit Arthur Andersen
9. Signatory on company checks and all financial & tax matters
10. Compensation and benefits restructuring
11 Personnel recruitment and training
a) Scheduling of annual leave
b) Scheduling of necessary formal training update required for the job
c) Quarterly performance evaluation of staff
d) Monitoring of 201 file
12. Compensation and benefits officer
a) Prepare monthly payroll, net of government regulatory requirement
deductions, for direct credit to bank account of each employee
b) Monitoring of seafarers (over 1, 000 persons) monthly home allotment
payroll on D-base program for direct credit to each seafarer allotee
bank account.
c) Acquisition/renewal of annual group life and accident insurance policy
for staff
d) Acquisition/renewal of annual individual life and accident insurance
policy for officers
e) Acquisition/renewal of annual group medical insurance policy for staff
f) Acquisition/renewal of individual medical insurance policy for officers
1. Manual analysis of transshipment costs paid to various shipping agents
in the U. S., Europe and Asia.
2. Reporting and recommendation of findings on double billings from
Agents.
3. Computerization and design of program on how to detect double billings
of Shipping Agents worldwide.
1. Accounting of funds remitted by Greek principal for operating expenses of
the representative office.
2. Monthly reporting of operating expenses
3. Liaising with the Department of National Defense/Armed Forces of the
Philippines for requirements for ordnance procurement.
4. Attending biddings for ordnance requirements of DND/AFP.
1. Maintenance of company books of accounts.
2. Store cash count every end of the month
3. Monthly bank reconciliation statement preparation
4. Monthly physical inventory of donut ingredients processed in the milling
company. (Imported flour from NY, US)
5. Taxation/government statutory requirements reporting
Head of various Accounting Department Section during tenure
Head of Ledger Section - in charge of company ledger entries
Head of Receivables Section - in charge of customers subsidiary ledgers
Head of Payroll Section - preparation of crew members and office personnel Payroll.
Taxation/government statutory requirements reporting.
Head of Payables Section - in charge of all company payables
In charge of all company accountable forms
GPA 90.91^
Passed the CPA Licensure Examinations with GPA of 80%.
Graduated with a Bachelor's Degree majoring in Accountancy. Involved in Sports acivities (basketball).