Finance Manager
SKF BV
Total years of experience :16 years, 3 Months
Managing finance and accounting operations (3 empl.) and Task force team (7 empl.)
Responsible for daily contact with the SSC Sweden/Poland/India
Part of SAP S/4HANA-implementation team
Analyses of financial information and preparation of financial reporting (actuals, budgets, forecasts) for timely and accurate decision-making
Carrying out sound financial analysis and making valuable contributions to the management team
Ensure compliance with accounting policies and regulatory requirements
Responsible for control and submission for Subsidies(WBSO)
Recruiting, training, coaching and retaining financial employees
Responsible for ad hoc projects (Unit4/SAP system interaction automatization, Concur outsourcing, DOH system process improvement)
Interaction with BIG4, Banks, Netherlands Enterprise Agency, Tax authorities
- Managing finance and accounting operations
- Overseeing accounting operations
- Analysing financial data
- Evaluating and managing risk
- Ensuring compliance with regulations
- Monitoring expenditure
- Preparing financial statements.
- Coordinate the preparation of regulatory reporting
- Monitoring internal controls.
- Coordinating auditing processes
Prepare, review and distribute monthly financial reports
Track expenses and revenues vs. budget and reforecast and analyze fluctuations
Prepare monthly consolidation and executive financial package
Coordinate financials questions/answers among the Treasury and Accounting & Control departments
Prepare annual financial information binder to be provided to the external auditors
Prepare quarterly operating reports
Evaluate profit and cost efficiencies in various areas of the organization as needed
Develop, maintain and distribute as-hoc reports and financial models as needed
Assisting with planning & reporting including influencing business strategy, plans, budgets and forecasts.
Indirect taxes
Be in charge of the preparation of European & UAE VAT returns
Prepare the European Sales Lists and Intrastat reports
Review the VAT assessments & reconciliations
Prepare VAT related correspondence
Assist in local VAT audits
In charge of anticipating potential VAT impacts of transactions
Be part of Ad-hoc projects (FAIA)
Monthly closing activities and monthly/quarterly and yearly reporting
Loan reconciliation, interests calculation
Intercompany commission, cost sharing calculation
Assist with preparation of payment instructions
Assist with preparation of cash forecast
Assist with external audits
Be part of Ad-hoc projects (SAP & Foreign exchange upload)
Perform review and analysis of special projects and keep management properly informed
Ensure top performance of office staff by providing them coaching and guidance
Participation in preparation of annual statutory audit with Deloitte's audit team
Perform analytical review of audit documents
Review client accounting and operating procedures and systems internal control
Prepare financial statement reports and documentation
Discuss audit findings and risks with local process owners
Provide recommendations for improved controls and business efficiency
Meet work plan specifications and deadlines
Participation in running projects
Preparing and filing VAT returns
Balance and P&L analyses
Responsible for month-end closing of 11 entities
Preparation of monthly and quarterly management accounts and annual accounts for several entities
Preparation of financial reports - Budgeting and forecasting
Participation in running projects
Participation in preparation of annual statutory audit
Month-end, quarter-end and year-end closing
Balance sheet and P & L fluctuation analysis
Development and improvement of planning processes, management reporting and financial modeling
Close cooperation with other operational departments to fullfill controlling function
Prepare and file of Corporate Income Tax and VAT returns
The main objective was acting as an in-house VAT EMEA counselor within the GL team.
Improve and develop accounting and controlling, reporting, internal control, procedures and processes to make sure the GL team is able to prepare and file the VAT returns independently.
Provide support to the Management and Finance staff in all of VAT questions.
Interact with external financial auditors regarding VAT queries
Review VAT returns prepared by internal and external VAT accountants.
Reconcile general ledger VAT accounts to ensure complete reporting.
The planning, execution and evaluation of ad hoc activities within the framework of reorganization in cooperation with operational management and employees of other NS departments.
Taking care of the entire general ledger and the processing of financial transactions in the accounts.
Coordinating deliveries, receivables, purchases and payables to other NS parties.
Creating, preparing and explaining balance specifications and compiling quarterly balance file.
Prepare and file VAT Returns
Monitor the accuracy, completeness and timeliness of the administrative processes.
Prepare and process of monthly journal entries
Generate and perform general ledger pre/post closing journal entries
Completion of monthly balance sheet and P&L account reconciliations
Prepare and document periodical analysis of both B/S and P&L main accounts
Prepare the monthly and quarterly reporting for consolidation
Co‐ordination of tasks required for the full region and performed by administrative staff of the division (cash & bank transactions, sub‐ledgers in A/P, A/R, fixed assets etc)
Provide support and communicate issues to staff located in Scandinavian countries
Support management during the audit fieldwork
Provide the country/regional management with daily/weekly/monthly reporting to enable proper decision making
Ensure proper financials controls over financial reporting are in place in accordance with J‐SOX and the company’s financial and accounting policies
Financial freelancer ( Project based) working 5 years for Manpower Group
General Ledger Reconciliation
Intercompany Reconciliation
Bank Reconciliation
Reconcile & Confirm RBS FX Trades
Assists in month end closings
CMM optimization
CMM interface adjustment from SAP to Oracle accounts
Together with the VAT Manager responsible for all compliance in the European Union
Preparing and filing VAT returns, EC Sales Listing and reports for selected countries
Communicating externally with Tax authorities, authorities and consultants
Maintaining and developing the VAT information archive
Preparing and assisting in VAT audits
Function as internal consultant on day to day VAT matters
Intercompany reconciliation
Project revenue and closing
Purchase orders assignment
Transfer of purchase orders to projects
Pre-month check( comparison between revenued projects YTD, orderbook, promised projects YTD, shipment planner)
Internal revenue and cost price bookings
Intercompany charging and periodic invoicing
Prepare, analyze, interpret and present financial reports on a daily and weekly basis
Prepare monthly provisions
Allocation of outstanding and past warranty CAT claims
Assists in month end closings
Respond to ad hoc queries and requests from line manager and senior management
Analysis of stock movements of parts inventory
Reconciliation between contracts and order book
Prepare monthly provision
Analysis of parts inventory
Inventory of rental and lease contracts
Prepare Tax reservation yellow and gray license plates lease cars
Allocation of outstanding and past warranty CAT claims
Prepare pension and payment specification
Prepare off-balance sheet liabilities statement and other income
Prepare declaration social services
Support further development of report models for the management
Monthly update and analyze of control register
Prepare, process and analyze of Work in Progress work orders
Prepare and process of monthly journal entries
Weekly update of balance sheet specifications
Balance sheet accounts reconciliations
Reconciliation subledgers (AP/AR)
Prepare, analyze, interpret and present financial reports
Prepare, process and update of monthly salary journal entries
Preparation and filing of monthly, quarterly VAT and CBS
Intercompany charging to profit centers and affiliates
Revaluation of foreign currency payables and receivables
Preparation of monthly accruals and provisions(Revenue bonus to customers)
Respond to ad hoc queries and requests from line manager senior management
Responsible for controlling, coding and entry of invoices
transactions
Set invoices up for payment
Assist in month end closing
Monitor accounts to ensure payments are up to date
Keep suppliers master data and open items up-to-date
Processing of colleagues declarations
Charge debit cards for colleagues en migrants
Actively participates in improvement of procedures and processes
Create, submit, consolidate and control government reports related to projects
Compile information for external auditors
Internal Control Documentation & Reconciliations
Ad-hoc accounting/finance administration and reporting
Overall management of fixed assets including daily uploads and/or manual recording of additions including sale of assets, in the fixed asset module
Recording bank account transactions and performing timely reconciliations
Ensures timely and accurate remittance of vendor invoices
Preparation and filing of monthly, quarterly value added tax
Exporting bank statements and ensuring all authorized electronic payments are processed
Resolving variances ( purchase prices)
Provide assistants to account managers with general administrative functions
Provide assistants to account managers with required reports
Prepare, analyze, interpret and present monthly financial reports
Participate in monthly reconciliation of financial reports to operating and financial systems
Conduct revenue analysis, including analyzing and forecasting trend by customer
Ensure proper financial procedures are communicated and followed (including finance-related SOX requirements)
Processing of monthly journal entries
Preparation and filing of monthly, quarterly value added tax
Calculating and paying tax liability correctly and timely
Processing of monthly journal entries
Accounts receivable input and reminders(escalation)
Receive and verify invoices and requisitions for goods and services
Accounts payable follow up - My orders responsible
Maintain communication with vendors regarding the status of payments
Confirm authorization on all invoices and expenses
Analyze cash requirement report
Reconcile accounts payable aging in general ledger
Assist with bank reconciliations
Ensures timely and accurate remittance of vendor invoices
CBS, Intrastat and Extrastat declarations
Maintain up-to-date billing system
Carry out billing, collection and reporting activities according to specific deadlines reconciliation of accounts
Verify that transactions comply with financial policies and procedures
Prepare, verify, and process invoices and coding payment documents
Monitoring customer account details for non payments, delayed payments and other irregularities
Maintain accounts receivable customer files
Follow established procedures for processing receipts, cash etc
Prepare bank deposit’s
Investigate and resolve customer queries
Follow up, collection and allocation of payments
Communicating with customers via phone, email or mail
Faculty of Social Science (Master) Urban Sociology Core Modules studied: City as a living environment Cities in an era of globalization The divided city City and state Science in practice Thesis Seminar and Thesis
Faculty of Social Science (Pre-Master) Sociology Classical & Modern Sociology Methodology Organized Society Sociology Statistics 1 and 2 Qualitative & Quantitative Methods) Research Practicum Writing Practicum Observation and Interviewing
Arabic Language course
Business Economics Business Administration Administrative Organization Communication Computer Sciences Economy Finance Cost Accounting Management Accounting Supply Chain Management English Law Management & Organization Marketing Statistics
