Financial Control Manager
Green Energy Group
مجموع سنوات الخبرة :28 years, 3 أشهر
This service line was deisgned and main target assist organizations to improve their operational performance, strategic visibility, agility and to reduce risk through effective efficient strategic reporting, business process engineering and, in an increasing number of cases, business process automation.
Main duties are:
Prepares the Finance/ Accounting Procedures, Budgets, Closing Forecasts, Analysis of variances. Financial statements. Reports to the Management in compliance with Legal and Contractual norms, Finance/ Accounting & Reporting International Standards.
Ensures that all the above is in line with the directives of the Management of the Office.
This service line was deisgned and main target assist organizations to improve their operational performance, strategic visibility, agility and to reduce risk through effective efficient strategic reporting, business process engineering and, in an increasing number of cases, business process automation.
Main duties are:
Prepares the Finance/ Accounting Procedures, Budgets, Closing Forecasts, Analysis of variances. Financial statements. Reports to the Management in compliance with Legal and Contractual norms, Finance/ Accounting & Reporting International Standards.
Ensures that all the above is in line with the directives of the Management of the Office.
Supervise and approve the finnacial statement & balance sheet for companies has been selected & assigned by Abu Dhabi Higher Council to be audited.
• Prepare of Daily Variance Report for submission to Senior Management.
• Prepare of daily reports on bank 's major products for submission to Senior Management and Branches (Finance, Deposits, Investments).
• Prepare of Management Accounts for all business units indicating the performance of each business unit.
• Prepare departmental Trail balance report / Trail balance- Negative balance, and consolidate Trail balance.
• Ensure that all transactions related to loans, deposits, investments, foreign exchange, expenditure, are complying with accounting policies and procedures through MIS reports and exceptions reports.
• Process & control of all banks expenditures according to bank Policies & Procedures.
• Manage the allocating of expenses departments wise.
• Reconcile & control of Advanecs, Projects & payables accounts with GL's.
• Reconcile the Fixed Asset reports with GL's.
• Process & verify of closing entries (Monthly Yearly) for accrued and prepaid general expenses.
• Prepare of quarterly financial reports for external Auditors.
• Prepare of yearly budget in co-ordination with all business and support units.
• Approve of expenditure for the requesting business and support unit upon adequacy of budget.
• Monitoring of actual performance against budget.
• Preparation of forecast for remaining months of a particular fiscal year.
• Implement cost allocation method.
• Allocate capital charge to business units.
• Formulate profit rate monthly cycle.
• Review annual statement and prior publishing in and made rectification if any.
• Support & assist multi task team in inner departments within the bank during their annual leave.
• Prepare of financial reports for submission to Central Bank.
• Special Projects within the bank.
• Recovering funds & settlement.
• Member of the Fraud Committee.
• Member of Bank Tenders opening committee.
Prepare Central Bank Cash Reserved requirement.
•Verification of all transactions entered into the Phoenix system.
•Review the transactions of branches and Head Office department. Match the cash GLs against the Teller Proofs. .
•Review all system generated exception reports.
•Print and review Exception reports by crystil system.
•Review the various processing error reports and take corrective actions by preparing exception reports.
•Conduct spot reviews to evaluate the process flow, and ensure that controls are established in tact to eliminate the risk potential as much as possible. Report to Head of Internal Control of any risks identified to be addressed.
•Carry out any functions as designated by the Head of Department.
•Carry out investigations of fraud, violation or mistakes and report findings to the Head of Internal Control with corrective measures required.
•Review of daily posting of IPO subscription and ensure daily balance/reconciliation of all maps and GLs.
•Ensure required data obtained from the branches/ departments and reported to the Central Bank/Courts.
Review and approve balance confirmation letters requested by customers for audit purposes.
•Review the IBFTS & SWIFT files to ensure that all messages sent are authenticated as per bank’s policy.
•Review and check all replies/ correspondences to UAE Central Bank notices and queries.
•Review and check the transaction in router & dealing room. Second key holder for the Main Branch document vault.
•Review Deposits profit rates calculation system.
•Review Inter-branch clearing accounts.
Banca Commercial Italian as Internship Training program duties include
•Swift services/ Dealing room.