Senior Finance Analyst
Al Ain Distribution Company
Total years of experience :9 years, 3 Months
• Support the creation of a detailed data / business analysis
• Prepare models and simulations to assess the financial impact of potential regulatory changes
• Prepare forecasts and other key financial projections
• Preparation 10 years budgeting for entire company collaborating with business for CAPEX needs/ OPEX needs/ Demand/ analyzing and calculating revenue aligning the strategies and goals of company
• Responsible for calculating right accruals on monthly basis
• Preparation and submission of audited regulatory financial statements
• Assisting section head for calculating overheads and costing for special project to undertake by company outside regular business cycle
• Managed reporting for new price control and dealing with regulatory authority (RC2 for Department of Energy)
• Prepare and maintain standard periodic reports of different departments.
• Participate in key internal meetings, record and distribute minutes and follow-up on actions
• Monthly reporting of CAPEX and OPEX variance analysis to business
• Participated in multiple finance initiatives across group to standardize the calculations / reporting and methods
• Managed to reconcile the asset register as per statutory reporting and as per regulatory reporting from 1999 to 2021 and highlighted key deficiencies/ opportunities
• Perform ad-hoc queries as required by direct supervisor / line manager
• Observing the cost for CI product concerning the fixed and variable cost, which was almost $ 55mn - $58mn assisting in standardization of accrual process across 21 markets and getting involved with local leaders to address the challenges and techniques of working
• Simplify collection of insights and prepare presentations to describe the business in numbers to internal stakeholders
• Facilitating management to provide clear view on each month close cost with detailed variance explanations and helping local FP&A concerning monthly / quarterly forecast of cost
• Implementing PO Based accounting, putting additional control in SAP, and clarifying on cost by elements
• Supporting local operation controller at month end to implement standard accrual process and template across the markets
• Managed reported and provided ideas into the financials of the business; supported Arabian Peninsula & Pakistan, FP&A leader
• Analyzed revenues and costs and assisted the company for its profitability and growth
• Assisted for creation of advance level google dashboard for MIS reporting and forecasting process to achieve operational excellence
• Maintained report, tracked T&B revenue, FTE report, past trends report of clients by brand and performed analysis as required by the Emerging Group Management Team
• Prepared and monitored team wise revenue reports for APP markets as well as analyzed and maintained reports for weekly calls discussion with FBP and MD on to go revenue, revenue achieved, pipeline project
• Managed books of accounts for the parent company; reported to CFO, CEO and Managing Director of the head company and for the joint venture projects
• Prepared monthly, quarterly and annual financial statements of parent company and joint ventures; maintained daily and monthly MIS reporting;
• Monitored & implemented cost center based accounting; worked on capital control
• Performed inventory control and physical stock taking;
• Analyzed financial information for budgeting and management representation
• Experienced in international taxation, FEMA guidelines and compliances, advisory on FBAR and FATCA matters, Indian Income Tax search and seizure cases, assessment procedures and audits
• Prepared reports and presentation for FBAR and FATCA for NRI clients
• Assisted in advisory work for FEMA guidelines on various matters; prepared appeal matters for search and seizure cases
• Executed cost and variance analysis to manufacture on revise pricing policy assignment
Chartered Accountant