Sr Finance controller & Reporting Analyst
Schneider Electric
مجموع سنوات الخبرة :17 years, 1 أشهر
Oversee the financial progress of the company and recommend benchmarks for measuring the financial and operating performance of the plant and assist in consolidation for country.
• Reports periodic financial statements to the Finance director and ensure that accounting procedures & systems are adequate & functional.
• Supervise the generation of monthly official dashboard report for the Plant.Strategize financial analysis for all financial issues under preparation.(CAPEX-ROI and OPEX)
• Playing a key role as in-charge of Consolidation & Reporting of Monthly financial package to the corporate for Plant
• Assess the monthly financial KPIs and propose action plan for improvement
• Scrutinize the Rolling Forecast process & Business reviews for Plant for all business units.
• Monitor the discount authorization process & ensure strict application of the discount policy.
• Generated commercial reports and make profitability analysis by product ranges.
• Kept track on Booking & Invoicing data on weekly basis and report to the Finance director.
• Gained expertise in corporate controlling tools such as Essbase, Smart view applications and Shuttle reporting.
• Monitoring cost centers expenses against budgets and analyzes & review variances with Department Heads.
• Take active part in tendering / project execution process from a financial / risk perspective to enable true business controlling and do the projects reviews.
• Implement key performance indicators like Balance score card to measure performance of various departments, identifies issues, and advises management on action plans and operational strategies to resolve.
• Ensures compliance with corporate and country standards, regulations, and guidelines. Supports internal and external audits.
• Manages and closely monitors the Local BU’s cash flow and takes action to improve Net Working Capital management.
• Ensure Full HFM package & AOC reporting as per corporate guidelines within the deadline.
Estimate the standard cost of the products and update the cost plan of projects in the system
• Involved in BOM costing and production variance analysis.
• Monitored the production orders during the month end and keeping track on planners & stores to reduce the production order variance and other related issues.
• Liaised with manufacturing team to determine the material and labor productivity, raw material inflation and access the impact of profitability of the company.
• Generated and provided factual reports on Inventory details to the top management
• Ensure DVC Hourly rate calculation, Freight & Custom and Standard vs Actual monitoring.
• Responsible to promote Yearly Industrial database and Transfer Pricing campaign.
• Monitoring of Purchase Order and Days of Inventory under control
• Ensured that the sales recognition of Projects & Services are in line with the Percentage of completion method in line with the group rules and IFRS standards.
• Analyzed the periodical project reviews with the project managers about the margin evolution of projects from the booking stage / tendering stage till the completion or final execution of projects and identified the nature of margin slippage and corrective actions to be implemented before final completion.
• Classified the project expenses in terms of material, labor and overheads and challenging the project manager in terms of optimization of actual costs incurred versus the budget.
• Key role in quarterly computation of backlog burning plan in coordination with project managers and the production team to ensure the delivery and on time completion of projects.
• Provided full information & support to the financial control manager in terms of backlog burning of projects & margin
Responsible to maintain Books of Accounts effectively & efficiently as per country guidelines.
• Responsible for MIS which includes, P&L statements, Reconciliation of MIS with books of Accounts, Budget Vs Actual and Variance analysis of Costs and Margin.
• Monthly, Quarterly and yearly forecast preparation
• Supervise and monitor day-to-day Accounting operations.
• Review / Preparation of daily Journal Vouchers for all expenses.
• Allocation of proper Accounting Code for LPO’s, PIS, MDR, SDR etc as per company standard.
• Ensure the Construction expenses (manpower, materials and sub-contractors charges) allocation properly based on approved/allocated budget.
• Ensure month end closing and reporting of financial figure to head office.
Preparation of Budgets detailing the further expenditure to be incurred based on Past Information and Future requirement
• Updating of VAT by material
• Checking All Tax Specifications relating to the Payments.
• Participation for E-Payment Implementation.
• Responsible for confirming the UAT for the developments.
• Acting as the liaison between SAP support and Business team at the time of issues and developments and enhancements.
• Participated in the month end and year end activities at FI module and MM Module
• Preparing Retail Profit and loss statement (State-wise, Mall-wise including DHQ)
• Providing the training to users for new developments
• Responsible for the finance and Material Management module implementation in addition to the participation of whole IS-Retail post implementation.
• Involved in all the phases of post implementation as core team member
Analyze, create and maintain enterprise master data supporting quote to cash process.
• Creation of material master, GL master, Vendor master, Customer master.
• Responsible for P 2 Processes. (Procurement to Pay)
• Evaluating the quotation and creating the purchase orders and following the materials.
• Preparation of the Stock Ageing Analysis. Which will enable analysis of Stock movement and taking necessary steps to improve stock turnover of slow moving stock
• Analyzing the Physical inventory stock differences and adjusting the same in Accounting system.
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courses: NSe’s Certification in Financial Market in Capital - 2006-2007. NSE, India. • Business Continuity Management System (ISO 22301:2012) -2014 - Bureau VERITAS Certification Bahrain