Financial Analyst
Namshi.com
Total years of experience :10 years, 2 Months
Namshi.com is the leading and largest online fashion destination in the Middle East.
• Monthly financial closing by validating monthly trial balances and investigate deviations & variances from trends & budget.
• Preparing monthly financial statements.
• Monthly P&L’s for different countries and categories.
• Preparing monthly actual commentary by analyzing the transactions and consolidating detailed feedbacks from various departments.
• Ad-hoc reports relating to organizational performance and board presentations as directed by the CFO or FP&A Manager.
• Identify areas of improvement and opportunities related to process and workflow management.
• Taking active role in preparation and finalization of company’s annual budgets and re-forecast.
• Creating department budget templates and working with various departments to ensure that their inputs are aligned with the strategy plan and according to the budget schedule.
• Taking active roles in different projects to ensure business efficiency.
• Guiding accounting team on different aspects of the accounting process and improvement & development of the processes.
Prepare and review of monthly reports for the management - P&L, Revenue Report & Sales
KPI.
Analyse/interpret month on month results - monthly trend, variance analysis & comparisons
to budget and Forecast.
Prepare and develop automated reports using reporting tools like Oracle Hyperion and GL wand.
Preparation of the annual budgets and quarterly forecasts in consultation with Business
Unit/Department managers.
Business unit/customer specific financial analysis.
Handling all the Regional and Global reporting/queries with respect to financial performance reporting of GIL Dubai.
Quarterly Business Review Presentations and updates to the Leaders.
Ad-hoc reports/analysis as requested by the CFO.
Review of the trial balance.
Account analysis and reconciliations.
Analyzing and monitoring of AP aging report
Checking and supervising of major vendors payment.
Preparing and ensuring accuracy of general accruals and depreciation's as per company policy
Reviewing AP & AR accruals and ensuring there timely closure.
Preparing adhoc reports as per management requirements.
Invoice and receipt booking after verification.
Allocation of receipt against sales invoices.
Follow up with Ops for booking of vendor invoices and sales invoices paticuary related to DUBAI CUSTOMS.
Follow up of overdue sales invoices
Recon and payment for DEWA and Etisalat.
Review and approving of cash recon.
Handling the daily petty cash
Ensuring cash is released against completely filled and signed IOU’s and CRF’s.
Following up with OP’s for time settlement of all petty cash.
Prepayment and cost booking for CRF’s.
Weekly and monthly cash recon to ensure it matches the GL balance.
ACCA Affliate