Senior Financial Reporting Analyst
National Container Terminals Co. Ltd
Total years of experience :13 years, 10 Months
Responsibilities
• Prepares post-close financial results versus budget analysis of spending with a focus on performance in key areas.
• Reconciles accrued expense and advance payment balance-sheet accounts for assigned business units of NCT.
• Responsible for the divisional overall payable, controlling from booking of liability till payment to reconciliation.
• Contribute to the preparation of the annual revenue and capital budgets, monitoring of financial performance and completion of the annual accounts.
• Manage the preparation of financial consolidation reports to the senior management.
• Review, analyze and investigate correct errors in financial information posted to general ledger accounts and inconsistencies in financial entries, documents and reports.
• Reviewing and preparing the monthly VAT reports, flash reports, cash flow forecast, profit and loss within agreed deadlines.
• Maintaining, developing, periodical reviewing of the terminal chart of accounts.
• Evaluate computerized accounting systems and provide recommendations to IT team for performance improvements.
• Oversees the development and implementation of systems, and controls to ensure that the quality and allocation are properly accounted for.
• Prepare the management reporting for the commercial and business management, financial advice and support to business projects, Process mapping of the new implemented structures, Business integration support for subsidiaries, joint ventures, mergers, and acquisitions.
• Report all findings to management with recommendations for improvement, and upon their approval, implement strategies to induce such change.
• Monitor expenditures, analyze revenues and determine budget variances and report the same to management.
• Review and maintain all accounting policies to ensure all financial transactions are properly recorded.
• Perform or assist with financial compliance and procedural audits.
Responsibilities
• Handle monthly bank reconciliation, accounting reconciliations, adjustments and rectifications.
• Oversee maintenance of accounting records for every transaction, verified accounting heads assigned to transactions and ensured preparation of general ledgers, trial balance and quarterly/monthly/annual financial statements.
• Managed all aspects of accounts receivable and accounts payable of the transportation business unit.
• Dealt with inventory costing and accounting ensuring consistent accuracy of inventory.
• Coordinated with the companys bankers and ensured on time reconciliation of bank accounts.
• Participated in reconciliation of books of accounts facilitating on time preparation of balance sheets.
• Processed corporate expense claims including booking, verifying and conducting audit trails.
• Reviewed other general ledger (GL) accounts and highlighted misstatements and reconciliations for adjustments.
• Preparing monthly forecasts for the revenue and expenses for port receivables and transportation section.
• Participated in month-end and year-end closing of accounts and preparation of financial statements.
• Implemented inventory, procurement and Landed Cost Management modules of Oracle EBS as a core team member.
Responsibilities
• Manage AR and AP, maintain favorable balance between ARs and APs, expedite receivables from debtors / customers and process payments of suppliers, and service providers as per the credit policy of the company.
• Exercised effective credit control in the organization to minimize bad debts.
• Monthly settlement of due payable and follow up for AR from IC partners.
• Monthly cash flow forecast for AR/AP and Finalizing monthly P&L and other analytical reports.
• GL Controlling through schedule, monthly review and sharing watch list items.
• Monthly vendor reconciliation, submission to OPS for approval dispute.
• Ensured that all receivable collections have been followed up in a timely manner and booked correctly in system.
Responsibilities
• Cash receiving and maintaining MIS from customer in form of One Go (Settlement) and Partial payment.
• Submit all received payments in Branch from where the payments will run to our GL account and then into customers individual account in form of Credit Cards and Personal Loans.
• Reconcile and verify the Settlement MIS One (1-Go) on daily basis.
• Issue Settlement/Clearance Letters to the Customers in case of Full or waiver payees and Coordinate with head office to facilitate those customers who would like to settle (Credit Card / Personal Loan) at these ends.
• Maintain monthly assigning portfolio distribution and updating on daily and monthly basis for the Unit Manager.
• Supervise and verify the payments received from customers and submitted in cash vault.
• Monitoring reconciliation for the payments in case of settle or partial payments.