Manager Finance
LCC
Total years of experience :14 years, 0 Months
As Manager Finance of LCC Muscat LLC, I am responsible for providing financial advice and support to clients and colleagues to enable them to make sound business decisions and;
• Actively involved in month-end reporting that is directly reviewed by the Finance Director
• Providing and interpreting financial information and reporting to the Corporate
• Monitoring and interpreting cash flows and predicting future trends
• Researching and reporting on factors influencing business performance
• Analyzing competitors and market trends
• Developing financial management mechanisms that minimize financial risks
• Conducting reviews and evaluations for cost-reduction opportunities
• Managing financial accounting, monitoring and reporting systems
• Liaising with auditors to ensure annual monitoring is carried out
• Developing external relationships with auditors, solicitors, bankers and statutory organizations
• Managing budgets and producing accurate financial reports to specific deadlines
• Keeping abreast of changes in financial regulations and legislation
As a Finance Executive, I am responsible for complete financial reporting and accounting of LCC offices in Oman and Iraq. Duties and responsibilities include:
- Collecting projects and other data every month from the designated countries
- Implementing financial policies and procedures of the company and internal controls
- Establishing and maintaining cash controls and reviewing cash and bank monthly
- Establishing, maintaining and reconciling general ledgers for every all the projects
- Preparing and reporting monthly project cost trackers, revenue summaries and overall results
- Establishing and maintaining accounts payable and receivable and their subsidiary ledgers
- Processing supplier invoices and maintaining the purchase order system
- Ensuring the completion of data posting to INTACCT (A web-based ERP) monthly
- Ensuring transactions are properly recorded and entered into the computerized accounting system
- Preparing monthly financial statements of on-going projects
- Maintains financial files and records both manually and electronically
- Assisting in preparing budget and planning (B&P) files and the quarterly forecast and uploading these into the Host (An integrated Cloud-based corporate Performance Management (CPM) system)
Main duties and responsibilities as Manager Finance & Administration of Developyst include:
- Establishing and implementing financial policies and procedures in line with organizational requirements
- Building up financial statements and complete set of underlying financial records including general ledger
- Managing corporate reporting requirements by Federal Board of Revenue (FBR) and Security and Exchange Commission of Pakistan (SECP)
- Responsible for quarterly and annual audit requirements initiated by the Company or Donor organization
- Monitoring and managing expenditures within allotted budget, providing financial management advice on revisions of budgets and preparing periodical forecasts/ changes as and when needed
- Maintaining strong and healthy relations and liaison with all important stakeholders (banks, consultants, vendors, Govt. and tax regulators)
- Management and reconciliation of the bank and cash accounts, preparation of weekly cash flow statements, ensuring financial and resource accountability and effective management of records as required for auditing
- Payroll management, related tax filings, monitoring medical expenses, mobile phone usage and responding clearly to the queries of employees regarding any matter related to finance, tax or applicable financial policies
- Establishing and implementing administration procedures in line with organizational requirements
- Managing all procurement and logistics activities including possible management of vehicles and drivers
- Leading and managing company’s support staff, answering general office phone calls and assisting visitors
As Supervisor Audit performed the duties of a gatekeeper, led the overall Audit program for various multinational companies, Government Institutions, NGOs and Donor Organizations. Duties and responsibilities:
- Supervised the audit team on deputed assignments (Audit team included max 8 persons at one assignment)
- Performed as key contact person between the client’s and firm’s management
- Played an important role in planning, performing and concluding the audit assignments
- Responsible for resolving conflicts between team members
- Ensured creating environment of professional skepticism and independence
- Responsible for implementing Firm’s policies and procedures throughout the audit and encouraged teamwork
- Trained and equipped team members to gain explicit understanding in the application of International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA) in corporate environment
As an Audit Assistant, performed as team player and assisted the supervisor by timely completion of deputed tasks with commitment and responsibility. Major duties and responsibilities:
- Executed audit programs and prepared respective program work papers
- Performed substantive, analytical audit procedures and test of controls as and when needed
- Ensured application of International Standards on Auditing and International Financial Reporting Standards
- Identified, discussed and resolved audit observations with appropriate management of the client
- Performed physical inventory counts, cash counts physical asset verification on cut-off dates
Income Estimation section of the Firm deals with the financial appraisal cases outsourced by a number of banks. As a Supervisor, I prepared feasibility reports in line with policies and procedures of the Firm for banks relevant to their respective customers applying for personal or business loans. Other tasks:
- Responsible for electronically and manually managing case files of bank customers
- Visited the customer’s facility to gather the evidence that could support the preparation of balance sheet and income and expenditure statement
- Performed sensitivity analysis to achieve a specific confidence level required for the feasibility report
- Managed timely communication of matters with credit and sales departments of respective banks
ILO Dept. of the Firm deals with the financial audit of a number of NGOs funded by International Labor Organization (ILO). As Audit Assistant, following were the major tasks:
- Executed planned audit procedures
- Prepared audit work papers, both electronic and manual
- Ensured the completeness, accuracy and relevance in gathering audit evidence
- Developed in-depth skills of audit applications, MS Excel and other accounting software
Certified in Accounting & Finance The grading system of Institute of Chartered Accountants of Pakistan (ICAP) to pass the selected criteria of (50%) in each module. They do not display GPA score.
