Financial Analyst
Dentsply Sirona
Total years of experience :15 years, 5 Months
• Perform analysis and reporting to support the operations including P&L review, forecasting, margin analysis, inventory analysis, month end closing, cost center variance analyses, account reconciliations etc. for the MEA region.
• Provide financial support to the Dentsply Sirona MEA Business Units, specifically the Sales & Operations functions. This support includes preparation and presentation of budgets and forecasts (Long Term Plan / Rolling Forecast / Quarterly Rolling Forecast), monthly closings (accruals, allocations, expense reviews, Profit / Cost Center reviews, and variance analysis), project appraisal, approval and tracking, and other financial planning & analysis activities.
• Responsible for FP&A activities on monthly, quarterly and annual basis for sales and OpEx forecasts and uploading these using Oracle Hyperion planning tools like Oracle Hyperion EPM and ESSBASE;
• Implementation of internal controls & checking for SOX compliance in different departments. This includes formulation of new policies & procedures and monitoring from time to time compliance with corporate guidelines and USGAAPs.
• Preparing tailored reports using tools like Smartview, Spreadsheet Server, Atlas etc.
• Preparation of monthly, quarterly and annual accounts in accordance with IFRS, IAS and local laws and regulations and presenting them to CFO;
• Involved in budget planning and development process of the company, leading to the formulation of the initial Capital Expenditure (CapEx), Operational Expenditure (OpEx) Budgets, evaluate budgetary proposals, analyze performance and formulate the basis for the development of alternative scenarios of the future prospects of both income and expense;
• Preparation of monthly CapEx and OpEx variance reports highlighting the difference areas where the actual expense has exceeded the budget allocated along with reasons and justifications for the management;
• The Preparation of the revenue forecasting for the first year operations of the first UAE Credit Bureau;
• Development of policies and procedures of the company that included development of standard operating procedures (SOPs) of accounting & finance, budgeting, cash and bank, fixed assets, accounts receivables & accounts payables;
• Updating the customer accounts for payments received and following up for unpaid invoices;
• Reconciling the customer accounts and resolving the disputes with customers;
• Liaison with the external auditors and state auditors for annual audit and half yearly review; and
• Preparation of ad-hoc reports for the management.
-Reporting to the CEO for all accounts and finance functions of the organization;
-Dealing with the banks for making arrangements for the credit facilities;
-Arranging short term and long term loan from banks for organization;
-Opening new LCs, negotiating the LCs and discounting the LCs;
-Making annual and monthly budgets and managing the cash inflows and outflows of the company;
-Managing the AR and AP of the company;
-Preparing payroll and compliance with the WPS;
-Conducting the monthly stock takes and checking for control weaknesses and preparing remedial measures to strengthen the controls;
-Liaison with the auditors of the company for annual audit; and
-Making custom reports for the management as per their requirements.
Reporting to the CEO and CFO for all accounts and finance functions of the organization;
Responsible for the preparation and distribution of accurate monthly financial statements and other;
Review reconciliations for balance sheet on a monthly basis, ensuring assets and liabilities reported on balance sheet are accurate;
Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports;
Working with management to formulate annual budget, analyze results against budget and ensures variances are understood and reasonable;
Responsible for protecting company assets by establishing, monitoring, and enforcing internal controls and reviewing all transactions posted;
Responsible for cash management and cash forecasting of company, and works with a management to invest excess cash resources or obtain financing required to carry out operations;
Manages relationships with external auditors and oversees annual or semi-annual audit to ensure that company is compliant with relevant laws and other statutory requirements;
Analyzes financial statements, cash flow, cost controls, and expenses to guide the management;
Responds to inquiries from the Director Finance and other managers regarding financial results, special reporting requests and the like; &
Coordinate with other managers to provide consultative support to planning initiatives through financial and management information analysis, reports, and recommendations.
Planning audit and review engagements in line with ISAs and Grant Thornton International Audit Approach;
Allocation of work to team members and discussing critical areas and audit strategy with them;
Understanding the business cycles, internal controls system and identification of significant risk areas;
Carrying out audit execution & review of all account heads while acting as a team leader;
Carrying out Test of Controls and Substantive Audit Procedures;
Identification of internal control weaknesses and giving recommendations in line with best practices;
Review of compliance with best practices of code of corporate governance;
Ensuring satisfactory clearance of my audit engagements from GT’s Engagement Quality Control Review;
Successful and timely completion of audit work in line with GT Standards / ISAs;
Ensuring completeness, correctness and updated working papers in GT “Voyager” Audit Software;
Meeting with different levels of management of the client including CEO, CFO and Directors;
Coordinate with Client officials about financial and regulatory matters; &
Preparing detailed reports on audit findings.
CPA from ICPAP, with majors in accounting, finance, audit, tax
CA finalist (Continued)