Eranda فرناندو

Working as Accounting & Finance Manager at ‘Layalina Tobacco Manufacturing FZC/Shishapresso S.A.L/SPO International FZC (Subsidiaries of NFPC Group) - Ajman Free Zone (UAE) from 2014 to up to now.

Major Duties as Finance Manager.
01. Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
02. Advise on investment activities and provide strategies that the company should take
03. Maintain the financial health of the organization.
04. Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
05. Ensuring VAT & excise tax compliance and reporting requirement to FTA.
06. Conduct reviews and evaluations for cost-reduction opportunities.
07. Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
08. Manage the preparation of the company’s budget and periodically, compared actual performance with the projected and reporting the variances.
09. Liase with auditors to ensure appropriate monitoring of company finances is maintained and develop relationships with solicitors, bankers and statutory organizations.
10. Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.
11. Ensuring and implementation of strong internal control activities within the Organization functions.

Report to Group Finance Director and Managing Directors.

General/Major Responsibilities as Accountant

01. Preparation of Monthly Financial Statements according to the International Accounting Standard (IAS) and Ad hoc reports as per management requirements.

02. Preparation of annual, monthly, quarterly budgets and estimated cash flow forecasting as per top management assumptions and forecasting

03. Responsible for month closing and preparation/review of balance sheet reconciliations with monthly Financial Statements.

04. Responsible to Preparing of annual/transactions audit process and dealing/coordinating audit matters with the auditors.

05. Implementing and monitoring of all accounting and finance activities as per the company operational requirements.

06. Supervising and monitoring of daily operation activities and banking activities with solving the operational issues.

07. Monitoring and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.

08. Oversee all payroll functions to ensure that employees are paid in a timely and accurate manner.

09. Ensuring and monitoring of supplier Payment process, sales Invoice Process, Performa invoice process, customer receipts process, Purchase Orders (PO) and Sales Orders (SO) ETC.

10. Responsible for preparation of report on internal control weaknesses with suggestions as per management requisition and corrected the same (Process improvements).

Report to Finance Manager.

Responsibilities as Audit Manager & Tax Consultant

01. Ensuring the organization has fulfilled taxation requirement as per the government tax laws & regulations. (Income Tax, VAT, Import Duties, Levy’s, NBT, BTT, PAYEE Etc.)
02. Responsible to make sure Tax returns & other legal requiremernts as per the government reporting dead line and providing tax related consultancy to the tax clients.

03. Planning, conduct and finalization of audits of the financial statements of all types of organizations.

04. Providing guidance to members of the audit teams on the performance of their duties, and review of their works.

05. Preparation/review of financial statements including consolidated financial statements of group of companies and other reports in accordance with relevant standards and legislations.

06. Preparation of Auditors Reports to the Members of the entities audited.

07. Liaison and co-ordination with client management on all instances in respect of the audit, accounting, tax and client service matters, and troubleshooting.

08. Preparation and communication of audit instruction to other auditors who carry out audit of the clients’ subsidiary companies; liaison and co-ordination with them for the smooth functioning and timely completion of audits.

09. Preparation of Management Letters and other specific reports as requested by the client, discussion and finalization of the same with client management.

10. Handling the special assignments in the various organizations and reporting the outcome to the management.

11. Allocation of audit staff to various audits as per their performances.

Report to Audit Partner and/or Senior Audit Partner.