Controller Revenue/ Finance Manager
Abu Dhabi Ports Company
مجموع سنوات الخبرة :20 years, 2 أشهر
To lead three departments such as Financial Accounting, Budgeting and Reporting Department, Revenue Department and Inventory and Material Control Department having overall 19 staff.
To prepare monthly Management Reports.
To prepare Board presentations.
To coordinate with different departments of Zayed Ports entities (Mina Zayed, Musaffah Port, Free Port and Western region Ports) for budgeting and forecasting of financial performance and position.
To prepare profitability of each of the business stream of Zayed Port.
To participate in project evaluations and commercial business scenarios.
Developed accounting, financial management and revenue policies to ensure accurate information is available to top management for decision making.
To supervise day-to-day revenue activities ensuring all invoices and credit notes are accounted accurately and timely as per the accounting policies of the company.
Develop measures to detect, isolate and quantify system problems contributing to the revenue losses.
Ensure that discounts, credit notes and special tariffs are approved as per the DOA and applied correctly.
Coordinate in resolving the customer’s issues relating to billing and ensure that the credit limits allocated are maintained.
Ensure that there is no apparent revenue leakage in the processes.
Ensure revenue reconciliations are performed and verified between Oracle and e-billing software.
Prepare revenue analysis and reports required by senior management.
Ensure IT access with privileges are monitored and provided to the right staff.
Adhere to the KPIs set for the team and individually contributing positively in achieving them.
Track KPIs progress on a weekly/monthly/quarterly/yearly basis for the team.
Maintain documents and records/references of all financial transactions handled.
Assist in timely completion of internal and external audits whenever required.
Adhere to the monthly closing deadlines for invoicing.
Provide training to associates/supervisors on preparing invoices for the various revenue lines.
To prepare and review monthly, quarterly and annually Financial (P&L, Balance Sheet and Cash Flow) and Management Reports.
To work closely with the divisional and senior management for setting the cost and budgeting processes and procedures, and facilitate effective communication of budgets across the business.
To prepare consolidated annual budget (Opex and Capex budget) of the company.
To analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control.
To prepare rolling forecast based on the operational data.
To do profitability analysis of cost centers.
To prepare monthly revenue and expenditure analysis report.
To utilize effectively Oracle ERP and other business systems to design and prepare professional and informative financial reports which meet the needs of management, internal and external auditors, regulatory agencies and the Board of Directors.
To develop and implement finance policies and procedures in accordance with IFRS, in order to contribute to a strong controls environment and effective, timely reporting.
To conduct ad hoc financial analysis and prepare ad-hoc reporting as needed.
To monitor and review accounting and related system reports for accuracy and completeness.
Interacting with internal and external auditors in completing audits.
To build relationships with other departments as needed to integrate data collection and reporting.
To guide, direct, motivate and train team members to work to their best potential and work effectively in a team.
To provide accounting policy orientation for new staffs thereby ensures a clear understanding of the accounting procedures for the new recruits.
To prepare and maintain the chart of accounts and supervise and control General Ledger.
To coordinate with IT department for the system related matters.
To assist CFO on day to day financial and IT related matters.
Prepared financial statements and supporting schedules according to monthly closing schedule.
Analyzed financial information, call attention to trends, make recommendations to senior management.
Analyzed revenues and expenses to ensure they are recorded appropriately on a monthly basis.
Assisted with corporate budget in preparation and maintenance of budgets and projection.
Ensured that the accounting procedures being followed as per law and accepted standard or policy.
Organizing preparation of books of accounts in time for compliance with other statutory provisions
Facilitate and complete monthly close procedures
Prepared monthly account reconciliations include inter-company accounts as well as bank accounts.
Posted data to various ledgers, registers, journals and logs, following established accounting techniques and procedures.
Performed surprise audits of accounts payable, payroll distribution, fixed assets, and cash. Made correcting journal entries in assigned areas if necessary.
Established and maintained close relationships with bank managers, auditors and solicitors, ensuring compliance with all regulatory bodies.
Performed other related duties & responsibilities as required.
Prepared and review monthly Financial Reports, (P&L, Balance Sheet).
Project Cost Analysis.
Prepared three months forecast monthly basis.
Prepared monthly Order Backlog report.
Prepare monthly Revenue Analysis report.
Participated in Annual Budgeting process.
Implement Accounting policies and procedures within department.
Coordinated with External Auditors for annual audit.
Reviewed quarterly Fixed Assets Register.
Inventory Valuation and prepared Variance Report for Favourable and Adverse Consumption Variance.
Prepared Quarterly Group Taxation Report.
Inter-company reconciliation.
Monitored Receivable and Payable position.
Waiting for application for associate membership, T4(A).
Gold Medal in MBA (Finance) by securing GPA 3.85 out of 4.00