Financial Planning & Analysis Manager
Planet Pharmacies LLC
Total des années d'expérience :13 years, 11 Mois
• Prepare Master Budget for the Group (UAE, KSA and Oman).
• Review of functional budgets prepared by Department Heads.
• Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses and capital expenditures.
• Preparation of various ad-hoc reports and Financial Analysis requested by the Board of Directors.
• Overseeing and managing the continued development of Budgeting, Financial Forecasting, Operating Plan and Modeling tools.
• Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes.
• Prepare and report Financial Statements for over 70 pharmacies from start to finalization in accordance with IASs and IFRSs.
• Calculate and report monthly P & L Variance Analysis and conduct monthly meetings with Department Heads to discuss variances and advise appropriate action to reduce Budget gap.
• Monitor performance indicators, highlight trends and analyze causes of unexpected variances.
• Prepare Actual Performance reports against Financial Feasibilities for new retail pharmacies.
• Attend rent negotiation meetings with Landlords along with Retail Team for rent reduction.
• Prepare and report Financial Statements for over 70 pharmacies from start to finalization in accordance with IASs and IFRSs.
• Calculate and report monthly P & L Variance Analysis.
• Prepare Actual Performance reports against Financial Feasibilities for new retail pharmacies.
• Prepare various management reports including Collection and Discount reports.
• Identify and report on Control weaknesses and design appropriate Controls.
• General Insurance Policies including Property All Risk, Business Interpretation, Money, Workmen compensation, Fidelity, Marine and Motor Vehicles
• Maintain Prepayments, accruals and deposit schedules and Fixed Asset Register
• Calculate various types of incentives for pharmacy staff, area managers and commercial team.
• Liaison with company’s internal and external auditors.
• Highlight risk areas for Retail Division in the weekly report to the management.
• Monitor and follow up on Retail Trade Receivables.
• Plan and supervise year end stocktaking of warehouses and pharmacies.
• Supervise disposal and destruction of medicines and general items.
• Bank reconciliations and cash reconciliation of pharmacies.
• Record Invoices and petty cash expenses.
• Assist pharmacy staff in day-to-day accounting related issues.
• Prepare and report Financial Statements for over 70 pharmacies from start to finalization in accordance with IASs and IFRSs.
• Calculate and report monthly P & L Variance Analysis.
• Conduct monthly meetings with Head of Retail and Group HR Manager to discuss variances and advise appropriate action to reduce Budget gap.
• Prepare Actual Performance reports against Financial Feasibilities for new retail pharmacies.
• Assist Group Finance Director in preparation of various ad-hoc reports requested by the Board.
• Assist Group Finance Director in preparation Master Budget for the Group (UAE, KSA & Oman).
• Prepare Expense budgets for the Group.
• Assist UAE Head of Retail in preparation of Sales Budget
• Implement and work with a Business Intelligence Tool and Dashboard reports.
• Review and advise for changes in various commercial, marketing and other business partnership agreements.
• Prepare and report Financial Statements in accordance with IASs and IFRSs.
• Prepare Cheque Payments/Receipts
• Monthly Bank Reconciliation Statement
• Reconciliation of Payable & Receivables A/c
• Prepare Ageing reports of Receivables
• Payroll preparation
• Conduct Monthly Stocktaking of Warehouse
• Petty Cash Handling
• Prepare Vouchers (purchase, sale, bank receipts, bank payments, cash receipts, cash payment, and journal)
• Carry out general administration tasks: answering phone calls, finding development related news in our region, keeping up-to-date information of our old and new potential clients in our database, taking minutes and filling out forms for the new jobs and proposals.
• Predict the amount of traffic generated using the Traffic Generation Manual for the different type of developments.
• Perform Traffic counting during the peak hour at the different intersections.
• Use Traffic simulation software (Synchro) to find the Level of Service for the projected years.
• Use AutoCAD for analyzing the road profile of Kingsway Curves on Highway 1 and identify the locations where road safety was a concern under the supervision of Road Safety Engineer.
• Design graphics using Corel Draw for the Traffic Impact Analysis reports.
• Train new member of our team in Synchro and Corel Draw.
Part 1