Financial Controller
National Security Institute
مجموع سنوات الخبرة :15 years, 5 أشهر
• Preparation and interpretation of financial reports on periodic basis for head of finance, financial controller, CEO & chairman and recommendation for improvement measures.
• Assist management in the formulation of its overall strategic direction.
• Maintaining strong relationship with related parties and recording & reconciliation of all related party transactions.
• Liaise with auditors for internal & external audit.
• Establish a high level of credibility and manage strong working relationships with external parties including customers and advisors.
• Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities.
• Engage in ongoing cost reduction analysis in all areas of the company activities.
• Preparation of:
Annual Budgets and report to management on variances from the established Budget, and the reasons for those variances.
Financial Reports and Projections
Accounts Receivables/Accounts Payable/ Fixed Assets Register
Year End Financial Statements (Financial position/Results of Operation)
Periodic Management Reports/Accounts Analysis/Variances
Periodic Financial & analysis reports for parent company.
• With proper segregation of duties, to handle day to day accounting activities e.g. managing petty cash, accounts payable and accounts receivables.
• Maintain banking relationships
• Supervise the financial activities of branch from time to time.
• Finalized financial statements including P&L, Balance Sheets, Receivables &Payables Statements, and Bank Accounts.
• Developing inventory analysis reports and analyzing variances. Store consumption analysis, ageing analysis, non-moving/slow-moving inventory and their authorization related issue.
• Preparation of periodic MIS Reports along with working capital management with relevant analysis and Preparation of Monthly Cash flow statement.
• Monthly scrutiny of purchases, sales and bank accounts and Reconciliation of inter branch accounts.
• Assist in the development and preparation of annual financial forecast.
• Responds to inquiries from the Director of Finance, Controller, and other finance and companywide managers regarding financial results, special reporting requests and the like.
• Preparation of monthly payroll, processing of WPS as UAE Labor Law, Annual Leave settlements & gratuity calculations.
• Training of staff members for First BIT ERP Software as per their job requirement.
• Booking of A/P Entries, Correspond with Suppliers and Respond to Queries in a timely
& accurate manner, Review Invoices &requisition for goods & services, verify that transactions comply with financial policies and procedures.
• Booking of Sales Invoices, Correspondence with Receivable Parties as per Credit Terms and Maintain the documentation for the same and update Receivable Ledger on Receiving Payments.
• Reconciliation of A/P, A/R and Bank Accounts From Time To Time.
• Cheque Requests for Payments and Ensure Payments of Suppliers on time.
• Making Fund Transfer & Banker’s Cheque as per Requirements.
• Preparation of monthly payroll, processing of WPS, Leave settlements & gratuity calculations.
• Accounting and analysis of various general ledger accounts.
• Generate, review, analyze and communicate financial data that reflects actual financial performance against approved budgets.
• Preparation of fixed asset register.
• Ensure an accurate and timely monthly, quarterly and year end close including accruals and depreciation.
• Accounting for Miscellaneous billings and collection of accounts receivable.
• Reconciles cash and bank accounts and prepare bank Reconciliation Statements on Monthly basis.
• Analysis of year-end Financial Statements, Ratio analysis, Horizontal analysis and Vertical analysis.
