Assistant Manager - Tax Transfer Pricing
National Bank of Abu Dhabi
Total years of experience :22 years, 0 Months
Identifying transactions within the group requiring transfer pricing adjustments
Coordinating with different departments and countries to gather information for processing transfer pricing adjustments
Calculating transfer pricing adjustments required and informing the business finance teams across the group of adjustment entries to process
Implementing various transfer pricing policies across the group so that the transfer pricing adjustments are processed timely and accurately
Assisting Tax Manager in completing the Country By Country Reporting (CBCR) template
Processing monthly consolidation adjustments in GL system and Generating monthly financial reports from MS-PerformancePoint
Bank reconciliation in Yardi ensuring funds are moved to the correct accounts in timely manner. Investigate reasons for unreconciled entries in rental clearing account, pending PDCs, pending IATs, ensuring staff members are made aware of shortcomings and properly advised to avoid repetitions
Timely submission of monthly reports and intercompany reconciliations as per checklist to Financial Control Department for MIS purpose
Compile and timely record revenue, expenses, accruals, prepayment journals for the month in Yardi and Intellect and Processing month closing
Assist units across Group General Services for preparation of budget. Actively participate in the budgeting exercise and ensure timely submission
Review and Analysis of Department Income and Expenses. Comparisons with budget and analysis of variances
Verifying and authorizing ad-hoc invoicing for delayed lease renewals
Approving charge reversals and passing adjustment entries
Coordinating with collections & legal team for collection of returned cheques
Review internal audit reports for observations and assist in implementing corrective measures
Attending meetings with Internal and External auditors to understand their requirements. Answering queries of the auditors / HO and provide them with substantiation / clarification and documents
Processing invoicing to create rental and income charges upon lease renewals
Checking Intellect / ICCS / Panagon for payments cleared and processing receipts in tenant ledger
Processing Inter Account Transfers to move funds from Rental Clearing Account to respective rental, maintenance and income accounts
Analysis of current rental income and maintenance expenses for properties
Providing expense budgets and income forecasts to the landlords
Providing details of returned cheques to collection department for follow-up
Reviewing archive reports regularly for expenses booked by H.O and highlighting any discrepancy
Maintaing daily accounts of the branch and month-end process. Branch cashflow management, Receivables followup, Supplier payments, Payroll processing etc., Consolidation of group financial statements. Analyse the variances in the financials compared to prior periods and budget. Updating and reviewing the monthly revenue spreadsheets. Analysis of deferred / accrued revenues. Keeping record of invoice milestones and raising invoices. Exposure to Sage Accounting system and Tally Accounting Package.
Analysis and reporting of monthly financial statements; Consolidation of group financial statements; Planning, forecasting & budgeting of future cash flows and financial position; Analyze operating procedures and policies on an ongoing basis for ensuring compliance with internal processes & controls and recommend improvement plans where appropriate; Analyze department expenditures for reasonableness & recommend cost reduction plans where appropriate; Assume an active role in monthly accounting close process; Ensure proper funds management and control of all global bank accounts; Statistically analyze corporate financial statements to determine liquidity, earnings, earning potential, and overall financial strength; Maintaining records and correspondence related to the work; etc.,
Maintaining journal & ledger accounts using Tally package; Monthly accounting close up to finalization; Preparation and presentation of monthly financial statements and reports; Supervision of accounts payables & receivables function; Dealing with banks & preparation monthly bank reconciliation; Monthly payroll processing & HR record maintenance; Preparing annual financial budget, Quarterly financial forecasts, Weekly cashflow forecasts; Product costing, etc.,
Responsible for updating accounts on UNIX & Oracle financials software; Handling accounts payables; balance confirmations, reconciliations, aging analysis, releasing payments, assist in finalization of accounts; etc.,
Business Economics, Internal Controls, Quantitative Methods, Financial Statements Analysis, Budget Preparation, Cost Management, Information Management, Performance Reporting, External Financial Reporting, Strategic Planning, Corporate Finance, Decision Analysis, Organisational Behaviour, Ethics (Passed all 4 parts in first attempt within4 months)
Financial Statement Analysis, Working Capital Mgmt, Capital Structure, Risk Mgmt, Financing & Investment Decisions (Passed in first attempt within 5 months)
Corporate Finance, Treasury & Forex Mgmt, Security Analysis & Portfolio Mgmt, Financial Markets, Corporate Strategy, Production & Operations Mgmt, Business Ethics, Marketing Mgmt, Human Resourse Mgmt, Statistics, Operations Research, Business Law, Organisational Behaviour, ERP, E Commerce, Database Concepts, MIS, 3 months summer internship training)
3 years diploma in computers ( DOS, Windows, Excel, Word, Power Point, MS-Office, FoxPro, UNIX, C, C++, LAN, Networking Technologies, ORACLE, Internet Technologies, System Analysis, Software Design, Programming Techniques, Implementation)
Accounting, Cost Accounting, Financial Mgmt, Marketing Mgmt, Export Mgmt, Investment Mgmt, Economics, Income Tax, Statistics, Mathematics, Organisational Behaviour, Company Law, Banking Theory, 2 months Summer Internship)