Finance Officer
Abu Dhabi Financial Group
Total years of experience :12 years, 8 Months
ADFG is a leading global investment group established in 2011 and has since evolved to become a major player in the region, delivering attractive returns to its clients. Today, ADFG has assets under management in excess of US$6 billion and offices in the UAE, the UK, and Eastern Europe. The group has received widespread acclaim for its strong track record and pioneering approach to investing. https://www.adfg.ae/en/home/
Joined ADFG group as a finance officer on 1st of Nov 2016 (Current) during the tenure primary scope & responsibilities performed are as follows.
• Finalization of monthly & yearly consolidated results of ADFG group entities and reporting to Financial Controller & CFO (Consolidation)
• Preparation, submission of quarterly and annual returns for ADGM & DFSA (DIFC) registered entities
• Performing the role of GL accountant of the department, overseeing AP & AR team, intercompany transactions and reconciliations, system admin of the ERP System, authorized to design and manage GL and other sub modules in ERP system, assign user rights and managing of the chart of accounts of the group.
• Performing the duties of treasury function for ADFG group entities
- Managing thirty plus bank accounts.
- Reporting of daily cash position & forecast to Group CFO.
- Forecasting and Budgeting tasks
• Liaising with internal auditors and external auditors on audit requirements
• Liaising daily with Public Market, Private Market, Debt Investment & Real Estate teams on regular business activities
• Preparation, validation and submission of monthly and quarterly VAT returns for the UAE entities
- Liaising with VAT consultant on special VAT related situations.
- Liaising with Federal Tax authority on special VAT related situations.
• Working on Project ‘Valerian’ - Harnessing and leveraging ADFG data and working on various change initiatives to make ADFG Group a world class organization
Deloitte is among the region’s leading professional services firms, providing audit, tax, consulting, and financial advisory services through 26 offices in 15 countries with more than 3, 000 partners, directors and staff. It is a Tier 1 Tax advisor in the GCC region since 2010 (according to the International Tax Review World Tax Rankings). https://www2.deloitte.com/ly/en.html
Joined Deloitte as a Senior Accountant on 20th of May 2015 (Until Oct 2016) during the tenure primary scope & responsibilities performed are as follows.
• Finalization of Monthly & Yearly results for five legal entities and reporting of draft results to four office Partners
• Finalization and reporting of Management reports and additional monthly analysis to Office Partners
• Reporting of monthly "Global Report" to Deloitte Middle East head office for each legal entity
• Reporting of WIP reports for Project Managers & Finalization of Monthly Revenue
• Liaising with head office on intercompany transaction between Deloitte Middle East entities
• Liaising with Deloitte middle east internal auditors and external auditors on audit requirements
• Monitoring the timely closing of sub-ledgers for Monthly Closing (Accounts Receivables, Accounts Payables and others)
Delta Partners is the leading Advisory and Investment firm specialized in Telecoms, Media and Digital with offices in the Middle East, Africa, Europe, Asia and America. Partner with global and regional telecom providers, digital players and other TMD clients to help them address their most challenging strategic issues. http://www.deltapartnersgroup.com/
Joined Delta Partners as an Accountant on 19th of Jul 2012 until 30th Apr 2015 during the tenure primary scope & responsibilities performed are as follows.
Centralized Finance & Accounting department catering for 3 Business Lines (Business Consulting, Corporate Finance, and Private Equity) Maintaining Ledgers in 5 different currencies.
Key Responsibilities
• Prepared following reports on a monthly basis
• OPEX Variance Analysis (Operational Expenditure).
• Project Expenses and Project Contribution Margin Analysis.
• Business Development Expenses Variance Analysis.
• Other Ad Hoc Analysis as required.
• Assisting in preparing Monthly, Quarterly and Yearly Financial & Management Accounts.
• Performed various Balance Sheet Reconciliation on a Monthly Basis and Updating Chief Financial Accountant on Monthly GL Reclassifications, Adjustments, Accruals and Posting of GL Entries
• Prepared Weekly Cash forecast for Treasury
• Managing Accounts Payable/Intercompany Payable function of Delta Partners Group Companies
• Managing Intercompany Payables within Delta Partners Group Companies
• Liaising with External Auditors on Audit Requirements
• Involved in initial risk assessment process and designing the audit strategy to achieve the required level of comfort in each financial statement area considering the risks identified, firm’s risk management requirements and guidelines and discussing and agreeing with the engagement partner on the audit strategy prior to the commencement of the audit field work.
• Involve in understanding and evaluating the internal controls for each business process of the client as a part of the audit plan.
• Implementation of the audit, which includes identifying and testing of controls, testing areas ranging from revenue, expenses, assets, liabilities and equity and checking regulatory compliance.
• Completion of the audit, which includes the preparation of final accounts and management letters indicating the lapses in the controlling environment.
BA (Hons) Sustainable Performance Management.
Chartered Institute of Management Accountants – (CIMA) United Kingdom • Coursework: Financial Accounting, Management Accounting, Cost Accounting, Corporate Governance, Risk Management, Budgeting, Decision Making Tools, Financial Derivatives, Hedging Techniques.