Assistant Finance Manager
The Elixir Clinic
Total des années d'expérience :13 years, 1 Mois
Job Responsibilities:
▪ Overseeing end-to-end financial activities of three branches for Dubai, Abu Dhabi, Al Ain, and three locations in the United Kingdom and directly reporting to Finance Manager and Directors.
▪ Presenting revenue reports weekly, monthly, and yearly for management analysis.
▪ Presenting cost to revenue analysis to get proper knowledge of the cost center.
▪ Concluding financial statements in compliance with the IAS/IFRS for the quarter and year-end and presenting MIS reports on monthly bases.
▪ Preparing cash flow and Fixed assets reports for management for analysis and advising on those reports.
▪ Preparing VAT data for FTA to submit quarterly VAT returns. For VAT purposes, deeply check TRN, invoice
format, and zero-rated and standard-rated supplies to present accurate data.
▪ Preparing feasibility reports and risk assessment reports for the management of projects.
▪ Maintaining books of accounts and control, evaluating internal control systems/procedures with a view to highlighting the shortcomings and implementing necessary recommendations.
▪ Providing management with different reports (Cost Reports, Ratio Analysis, and Compliance)
▪ Preparing and recording assets, liability, revenue, and expenses by compiling and analyzing account information.
▪ Maintaining and balances subsidiary accounts by verifying, matching, allocating, posting, reconciling transactions.
▪ Reviewing external and internal contracts for feasibility and cost-benefit analysis and preparing budgets & business
plans with operational staff
▪ Handling cash flow on daily, weekly, and monthly bases with the accountability of preparing cash flow forecasts
▪ Preparation of payroll data according to WPS advised by the Ministry of Labor and submitting SIF files to the bank portal to disburse salaries.
▪ Implemented SOPs for cash expenses and patient debit, credits for proper controls in organizations.
Job Responsibilities:
▪ Monitor the day-to-day financial operations within the company, such as payroll, invoicing and other transactions.
▪ Oversee financial department employees, including financial assistants and accountants.
▪ Contract outside services for tax preparation, auditing, banking, investments, and other financial needs as need.
▪ Track the company’s financial status and performance to identify areas for potential improvement.
▪ Seek out methods for minimizing financial risk to the company.
▪ Research and analyses financial reports and market trends.
▪ Provide insightful information and expectations to executives to aid in long-term, short-term decision-making.
▪ Review financial data and prepare monthly and annual reports
▪ Present financial reports to board members, stakeholders, executives, and clients in formal meetings.
▪ Establish and maintain financial policies and procedures for the company
▪ Understand and adhere to financial regulations and legislation.
Job Responsibilities:
▪ Preparation of month, quarterly and annual profit and loss and balance sheet.
▪ Analyzing, interpretation and preparation of financial statements and accounting policies in accordance with the
International Accounting & Auditing Standards.
▪ Preparation of monthly management accounts.
▪ Responsible for day-to-day transactions & Maintained Records in Computerized Accounting Software.
▪ Preparation of Monthly and quarterly VAT Reporting.
▪ Responsible for correct record maintenance for VAT output and input in Computerized accounting software.
▪ Perform work on complex or high risk audit areas as assigned. Reviewed work papers as completed by staff,
validating exceptions and the feasibility.
▪ Identify loopholes and recommend risk aversion measures and cost savings.
▪ Reports to the CEO as for the enforcement of procedures in compliance with the Group’s preset financial policy.
▪ Maintaining a list of all bank accounts and preparation of bank reconciliations accordingly.
▪ Identify differences in accounting ledgers and bank balances and taking measures to reconcile amounts to satisfy
the differences.
▪ Develop control on banking transactions i.e. cheques issued, presented in banks, bank balances, cheques clearance
position for cheques issued to parties, availability of funds at specific bank clearance date.
▪ Review the vendor payments to ensure the payment accuracy and credit terms are adhered.
▪ Review the aging reports of accounts receivables in terms of credit limits to raise flag on overdue invoices and
reports to management and other sales staff for timely recoveries.
Job Responsibilities:
▪ Directly reporting to Head of Finance; generating accurate accounting reports and financial analysis.
▪ Analyzing financial discrepancies and recommending effective resolutions.
▪ Overseeing and performing the entire accounting activities including general ledger, accounts payables, accounts
receivables, payroll, fixed assets, month/year-end closing processes, & consolidated accounts.
▪ Monitoring expenditures, analyzing revenues and conducting variance analysis on a monthly basis.
▪ Participating in monthly business review meetings/presentations; suggesting or recommending changes to
improve existing accounting processes.
▪ Responding to account inquiries from management by closing monthly accounts and submitting MIS reports along
with KPI reports in a timely manner.
▪ Working closely with other departments in performing VAT Implementation; rendering comprehensive support
to ensure that financial transactions are accounted in compliance with the UAE VAT Regulations.
▪ Tax Exemption certificate by applying with rules & regulations to Tax Department.
▪ Performing accounting reporting activities such as preparation & implementation of budget, forecast reports.
▪ Preparing financial business proposals, AFE reviews and other related reports on special assignments.
Job Responsibilities:
▪ Directly reporting to Head of Finance; generating accurate accounting reports and financial analysis
▪ Created complete Chart of Accounts for all the group companies dealing in Specially Retailand manufacturing.
▪ Developed complete structures and forms for all Invoices and Vouchers for all companies.
▪ Implemented the Accounting Cycle and the data flow from the preliminary posting of
transactions till extracting the final reports.
▪ Preparing company’s Income statement on monthly, quarterly and annual basis.
▪ Preparing Ratio analysis for management’s use upon the location wise & overall sales and
profitability on monthly, quarterly and annual basis compared to previous years’ performance.
▪ Preparing budgeted cash flow statement at the start of the month assessing the overall cash
inflows and outflows.
▪ Performing Inventory valuation on a monthly basis, thereby computing the Cost of sales.
▪ Ensuring timely and meaningful reports are submitted to the higher management for decision-
making and assisting higher management in decision making by generating useful analysis.
▪ Liaise and coordinate with external auditors in order to provide them data and records in a timely
manner.
Job Highlights:
▪ Assisted clients in preparation of financial statements and disclosures in accordance with the updated requirements of IFRS, corporate laws, listing regulations & other directives issued by regularity authorities.
▪ Evaluated internal controls and business processes; identified control deficiencies by recommending resolutions to client management & devising key internal controls.
▪ Conducted test of controls/substantive tests on fixed assets, debts, leases, receivables & payables, inventories, revenues, and employees’ compensation.
▪ Performed the preparation of Ratio Analysis such as its profitability, liquidity, efficiency, debt management ratios
and ageing analysis.
▪ Stock Audit on monthly and annual basis and reporting to management.
▪ Preparation of audit reports and create and implement audit review procedures.
▪ Perform financial and operational audits.
▪ Perform work on complex or high risk audit areas as assigned.
. Reviewed work papers as completed by staff, validating exceptions and the feasibility.
▪ Identify loopholes and recommend risk aversion measures and cost savings.
▪ Engage to continuous knowledge development regarding sector’s rules, regulations, best practices, tools,
techniques and performance standards.
CORPORATE, VAT, INCOME & SALES TAX
• Filling of VAT, Income Tax and Sales Tax returns on timely basis.
• Registration of corporate, VAT, Income and sales Tax.
• VAT, Income tax and Sales Tax computations and expressing opinion on new scenarios so that compliance issues can be avoided on timely basis.
• VAT, Income Tax and Sales Tax refund and liability documents preparation for claims and payments to relevant
authorities.
• Preparation and submission of the documents of Tax audit for the clients and Federal Tax Authorities.
• Provision of advice on VAT, Income Tax and sales tax to the Clients as well as ensuring the clients are up-to-date on changes in tax legislations.
• Preparation of consultancy reports for the clients.
• Compliance of the VAT, Income and Sales tax notices for the clients and authorities.