Finance Controller
Landmark Retail Ltd
مجموع سنوات الخبرة :24 years, 1 أشهر
Development of 5 year business plans/ annual budgets, quarterly forecasts in line with concept strategy
Provide financial, strategic & decision support to top management through analyzing variances, trend, risk, opportunities & key business drivers for different segment of the business (ie. Retail and distribution)
Develop robust reporting to drive deep business insight into Retail performance, resource management and to ensure we manage closely to our budgets and forecasts.
Provide a strong support to operations and category management team in terms of pricing decisions, liquidation strategies, ageing stock management, promotion planning
Ensure accuracy and timely submission of reports e.g. order intake margin, Store profitability, working capital trend, capital expenditure, weekly KPI, cash flow forecast
Design, Implement and monitor exceptional reports i.e. debtors ageing, stock ageing, sleeping stock, credit limits, abnormal expenses, discount approval system etc
Liaise with senior management like CEO, Group CFO, Business Heads at group level for budgeting, operations and business issues.
Preparation and assessment of store feasibility report for new locations. Supervision of day to day accounting activities (AR, AP, FA, Payroll, GL, cash management ) including banking relationships
Planning and supervision of stock half yearly and yearly stock counts, design and implementation of perpetual inventory roaster to control shrinkage risk.
Liaising with internal and statutory audits for quarterly/half yearly and annual audits
Providing leadership and guidance to the organisation’s finance staff through establishment of performance goals, allocation of resources and ensure that they have an understanding of the vision and strategy and their part in its achievement;
Review of the accounts and books of the company. Ensuring accurate and timely recording and documentation of accounting and financial transactions
Designing and implementing accounting systems & procedures; review of statutory books of accounts and finalisation & consolidation of group accounts as per IAS and GAAP
Review of major projects in terms of costing, charge on clients, procurement process
Establishing strategic cost management systems / techniques for monitoring various overheads and achieving maximum cost control in operations. Acted as active member in cost management program to achieve 20% cost reduction
Ensuring compliances to various status like listing agreements (clause 49), various other requirements pertaining to corporate governance
Preparation and presentation of financial presentation for BOD meeting, Audit committee meeting, Monthly business review meetings, Quarterly progress review meetings
Evaluation of new business proposals, reviewing feasibility studies for new projects
Supervision and consolidation of accounts of various units including foreign subsidiaries
As a team leader I was responsible for finalization of audit and accounting work for various corporate and non corporate clients.
Scored highest marks in state in Financial Management and Cost Management in CA Final