Finance Controller
United National Dairy Company
Total years of experience :14 years, 9 Months
• Managing all accounting operations including Billing, A/R, A/P, GL and Cost Accounting, Inventory Accounting and Revenue Recognition.
• Implementing best-in-class policies and procedures which are compliant with statutory requirements and national/ international standards to govern finance related functions.
• Assisting with the annual planning, budgeting, and forecasting exercise.
• Leading the preparation and analysis of all financial reports, including income statements, balance sheet and cash flow statements in accordance with financial accounting standards.
• Assisting in periodic performance review exercise by reporting variance analysis, performance progress etc.
• Providing accurate (finance related) information/ inputs during external and internal audits.
• Maintaining the SAP system and make recommendations to improve the automation and utilization of the systems.
• Assisting with the monthly closing process, including reconciliations and undertakes analysis of related accounts.
• Developing and maintain the integrity of the financial reporting process and financial controls including internal controls.
• Managing cash flow and vendor payments and company’s financial commitment.
• Developing the strategic plan for the department in line with the overall organizational priorities.
• Operating framework and policies for the Section and ensures compliance with internal quality standards.
• Communicating and visiting all departments to ensure they are following all policy procedures and suggesting to management for improvement and advancements.
• Develop and maintain internal controls and recommending accounting policies and procedure.
• Identifying and communicates potential risks to management and proposing resolutions of reconciling items timely.
• Preparing budget according to schedule and other related tasks.
• Analyzing the documents, data and information for current and future decision making.
• Working as an alliance officer for audit in year end.
• Analyzing and extracting expenses reports from SAP.
• Summarizing financial reports by collecting information; preparing balance sheet, Profit and Loss, Cash flow and other relevant reports.
• Analyzing financial information to prepare entries, in general ledger accounts as well as control trial balance & adjusting entries.
• Monitoring & Approve Bank Reconciliations ensuring completeness, accuracy, clarity transparency with adherence to policies, agreement & applicable regulations.
• Reviewing and analyze inventory and margin reports, conduct research, and perform analytical studies regarding cost analyses and profitability.
• Preparing and submitting tax returns and other tax statements according to local tax standards.
• Assisting with audits and prepare audit work papers.
• Costing. Such as updating activity rate, and run all costing process on SAP, costing standard, Production turnover report, products cost report for CSMO and Management.
• AR (Account receivable) such as customer balance reports, customer creation, applying incoming payments against invoices, customer aging reports etc.
• GL. Passing general entries in SAP like provision, accrued, prepaid etc.
• Assets. Such as assets creation in SAP, assets reports for CFO.
• AP (Account Payable) Such has vendors balance reports, aging report, applying outgoing payments against invoices. Recording Promissory Notes and details etc.
• SD (Sales Distribution)-Such as uploading customer invoices, run sales process, applying sales invoices against PO. Customer reports, checking sale issue’s etc.
• MM (Material Management)-Such as material issue, receive, and transfer through MIGO, material creation, reconciliation with store, resolve problem related to material, coordinates with PP (Production Planning) and Quality Management team, Inventory reports for CFO& CA.
Organization Type: (Travelling, Ticketing).
Responsibilities :
•Monitoring Sales and Purchase invoicing, recovery from the Accounts Receivables and payments to Account Payables and ensure the proper internal control over the accuracy of Accounts Receivables, Accounts Payables, Payroll.
•Reviewing the Finalized and consolidated financial accounts of the Company in compliance with statutory requirements.
•Reviewing the financial operations, Payroll, General Ledger, Bank Reconciliation, and Cash Reconciliation.
•Reviewing the ageing of Accounts Receivables and Payables on weekly bases.
•Fallowing up bank statement on daily basis and bank reconciliation. Following up customers balances.
Organization Type: Accountancy & Audit Firm
MBA banking and Finance
Mathematics and Statistics