Finance Manager
Multinational Company
مجموع سنوات الخبرة :18 years, 2 أشهر
Five direct reporting staff members including 1 Senior Accountant, 2 Accountants, 2 Support staff.
Manage the accounting policies & procedures and maintain documented system.
Oversee the operations of all organization’s departments including the design of the structure to achieve smooth operations.
Forecast cash flow positions, related borrowing needs and ensure sufficient funds are available to meet ongoing operational requirements.
Manage the preparation of the company’s budget, variance analysis and management and assist management in the formulation of its overall strategic direction.
Examines and analyzes accounting records, prepare financial statements in conformance to accounting standards.
Provides shareholders and executive manager with project reports, cash flow forecast, three-year budgets, periodic project cost reports and overhead analysis.
Handles SAP and develops strong system to improve operations. Establish standard operating procedures, train employees and evaluates compliance.
Represent the company in external auditing for both Financial and Quality Management Systems (ISO).
Oversee the ongoing costs of the projects, analyse the cost reports and engage in ongoing cost reduction analysis.
→ Generate quarterly forecasts & three-year budgets for business reviews of Middle East entities; prepare variation & statistical reports based on analysis of actual performance against budgets.
→ Draft various financial & project reports for Management & Corporate Finance including cash flow forecasts & variance analysis for the Group Treasury - Asian Region.
→ Report to Management & Corporate Finance and Group Treasury.
→ Coordinate with external auditors with regards to accounting procedures and records.
→ Maintain reporting systems of Middle East entities and render support to SAP users of various departments.
→ Analyze trends in revenues & expenses; highlight project status to the senior management & other concerned departments and report budgetary issues to the Regional Office in Singapore.
→ Work on complex accounting functions for the organization, internal office departments and programs.
→ Maintain chart of accounts & assign SAP codes in compliance to accounting standards and management requirements.
→ Manage Accounts Receivable/ Accounts Payable; review documentation attached to certificate of payments including allocation and assignment of costs.
→ Conduct audit of internal controls; review monthly project cost reports drafted by the project team.
→ Liaise with project managers on cost control and analysis of monthly project results.
→ Managed accounting functions of the organization with business interests in MEP and reported to the Chief Finance Controller & Executive Manager.
→ Prepared & analyzed financial statements/ reports to ensure compliance to accounting standards.
→ Developed & maintained accounting policies and procedure manual.
→ Monitored daily cash flow, expenditure for preparation of budgets and forecasts.
→ Analyzed & rendered feedback on budgetary issues.
→ Optimized resource utilization aimed at streamlining of operations.
→ Liaised with public accounting firm in conducting quarterly reviews and annual audits.
→ Set up internal controls to ensure accuracy of financial statements; coordinated Accounts Payable and Payroll functions.
→ Liaised with banks pertaining to L/C's, credit facility and other related transactions.
→ Maintained & reconciled general ledger with bank statements in compliance to accounting standards.
→ Updated depreciation, prepayments, leave accrual, bank fees, interest and other accruals in month end postings.
→ Drafted & administered employee contracts and updated personnel records.
I was awared with distinction.