Finance Manager
Takaful Emarat
Total des années d'expérience :10 years, 10 Mois
Working as Finance Manager Operations & reporting to Director Financial and CEO From November 2024 - Present. Company deals in Health, Life, Credit and Saving Insurance with issued capital of 150, 000, 000 AED. I have been assigned following key responsibilities:
o Monthly accounting & closing of TE and its corporate entities in Oracle Fusion.
o Manage and oversee credit management ensure effective collection of payments on behalf of the company.
o For accuracy and compliance with IFRSs and IASs
o Reviewing monthly BRS, Merchant Recons & ensuring the integrity and accuracy of prepared scheduled.
o Monitoring Dispute Management system (DTS) and working closely with Sales to ensure all disputes are resolved by team on timely basis.
o Ensure sufficient funds are available to meet ongoing operational and capital investment requirements.
o Work with IT to enable automated solutions for payments received through various channels.
o Providing accurate forecasting of supplier payments and ensure supplier payments are processed within agreed TAT.
Working as Assistant Manager Financial Reporting & Compliance & reporting to Director Financial Reporting, Group FP&A Director and CEO From September 2022 - November 2023. Company is a Community & District Management vertical of prestigious Dubai Holding Group & I have been assigned following key responsibilities:
o Monthly accounting & closing of 12 corporate entities in Oracle Fusion.
o Reconcile General Ledgers (GLs) and Subledger (AR & AP) and review supporting schedules prepared by the team for accuracy and compliance with IFRSs and IASs
o Consolidation of corporate entities & preparation of monthly Financial Statements, Flash and Management reporting pack for submission to Dubai Holding HO.
o Preparation and submission of (Quarterly / Annual) statutory reporting on EPM Cloud Financial Consolidation and Close system (EPM FCCS).
o Making recommendations on business process improvement in finance department by incorporating system integration & automation.
o Lead Preparation of annual business plan and budgets, Coordinate with various departments and stakeholders for gathering budget requirements.
o Monitoring & reporting the performance of districts, communities and management entities such as EBITDA, Cashflow, Budget Utilization And Operating Metrics such as Community/Customer acquisition and retention, COGs, Operating Cost Monitoring & Variance Analysis.
o Manage Chart of Accounts & Mapping with FS and Intra System to ensure seamless integration and reporting.
o Leading implementation of Oracle Fusion, Oracle FCCS & EPBCS
o Train team members and serve as subject matter expert on data integrity processes, data visualization tools usage.
Working as Financial Analyst & reporting to Manager FP&A and Manager Finance From June 2021 - August 2022.
Company is a member of Hutchison Ports, the port and related services division of CK Hutchison Holdings Limited. I have been assigned following key responsibilities:
✓ Preparation & Verification of MPS, Quarterly forecasts.
✓ Prepare operating budgets & review actual results against the budget performances and prepare reports explaining budgets deviations.
✓ Prepare the numerous local and HPH reports and dashboards such as Commercial Dashboard, Data Exchange report, TEU report, Top customers report.
✓ Verifying and uploading data to oracle HFM for Hutchison UAE.
✓ Working as backup of billing controller thus verifying, allocating, posting, managing and reconciling accounts receivable when required.
✓ Ensuring close liaison with the sales department so that credit issues are resolved smoothly
✓ Establish credit limits based on credit criteria as per contract.
✓ Monitor credit usage of existing customers, Aging analysis. Issue dunning letters to overdue accounts & credit block notifications as required.
Worked as Chief Accountant & reporting to Manager Accounting & Finance From December 2018 - May 2021.
I’ve was outsourced to one of Firm’s Real Estate Client. Group consists of multiple companies and deals
primarily in Real Estate market. I have been assigned following key responsibilities:
✓ Preparation & Verification of Financial
statements to ensure that they are compiled in
accordance with all the applicable requirements
of IFRS.
✓ Provide analysis and recommendations on
annual and revised budgets, challenge
assumption and propose revisions.
✓ Prepare the Monthly Dashboard, the Budget
and the revised Budget with data extracted
✓ from systems.
✓ Posting month end and entries for Accruals,
Prepayments, Depreciations, Provisions,
Direct & Common Cost allocation thus assisting
✓ in month end and year end closing
✓ Working as backup of accounts payable and accounts receivable thus verifying, allocating, posting, managing and reconciling accounts payable and receivable when required.
✓ Review of projected payments and receipts data received from a payable and receivable accountant on monthly basis for cash flows.
✓ Assisting in management of cashflow and preparation of cashflow forecasts.
✓ Updating Fixed Assets schedules regularly and extracting details for new additions and disposals
✓ VAT (UAE) return filing.
✓ Provided Complete and accurate information for External / Internal Auditors.
Sector: Multinational FMCG, Logistics, Sales
Reporting to: Regional Hub Accountant (Finance Manager)
Primary Role: Managing finance department at District Branch and Supervising finance team at various remote network branches (Network Towns).
My valuable contributions were as follows;
• Supervision of Accounting Team at Branch & Multiple Remote Network Towns.
• Posting and Supervision of postings by subordinates in SAP FICO.
• Month/Year end accounts closing.
• VAT, WHT collection & verification.
• Receivables management, Payables Management, Expense management.
• Receiving data from network towns and compiling MIS reports as required by management.
• Verification of credit limits of customers, Aging analysis.
• Supervision of Stock Takings at multiple warehouses spanned across country on regular basis.
• Maintaining Accruals and Timely reversals.
• Preparation and presentation of Complex Analytical Reports to higher authorities at region & national level.
• Providing assistance during Annual Audit.
Sector: Manufacturing, Retail, Wholesale, Ecommerce
Reporting to: Deputy Finance Manager (Finance Manager)
Primary Role: Assisting to maintain head office accounts and supervise branch offices accounting.
My valuable contributions were as follows;
• Preparing & recording asset, liability, revenue, & expenses entries by compiling & analyzing account information.
• Maintained system of accounts and keep records on all company transactions and assets.
• Reviewed Accounts Receivables Payables & weekly payment runs.
• Verifying, allocating, posting and reconciling accounts payable and receivable.
• Ensuring compliance with IFRS & company policies.
• Summarizing financial status by collecting information, preparing balance sheet, profit and loss, and other statements.
• Producing payroll by initiating computer processing; printing checks, verifying finished product
• Liaising with the internal auditors to maintain & implement accounting controls by preparing & recommending policies & procedures.
• Assisting external auditors by analyzing & providing information to external auditors for annual audit.
Sector: Audit, Advisory
Reporting to: Audit Supervisor (Audit Manager)
Primary Role: Delivering external audit engagements for clients from different sectors.
My valuable contributions were as follows;
• Carrying Audit & Assurance engagement from planning to execution and final conclusion stage by developing audit programs, assessing business & related audit risks and determining appropriate audit strategy and approach to ensure quality of engagement. ✓ Perform test of details and test of control procedures as per global audit methodology of the firm.
• Engage in team activities & help members in resolving their issues during the audit.
• Preparation of Financial statements & verification to ensure that financial statements are complied with all the applicable requirements of International Financial Reporting Standards & compliance with local corporate laws & directives of regulatory authorities.
• Internal Audit, Inventory Audit & Control Implementation.
• Liaise with clients on progress of the audit, audit findings and resolve audit issues identified during the course of the audit.
• Preparation of reports based on client’s needs.