GCC Regional Controller
Meeting Point Tourism, DMC
Total years of experience :14 years, 5 Months
Achievements:
• Timely and accurate closing and reporting cycles, meeting deadlines.
• Successfully resolving issues with internal/ external auditors and other stakeholders.
• Financial/ operational projects management/ implementation/lead.
• Focus on cost cutting and contribution into business decisions making process.
• Successful management/ coordination/reporting of 6 persons (regional finance
managers).
Responsibilities:
• Streamlining accounting operations, overseeing controlling activities on financial
closings.
• Preparation and follow-up on financial forecasts/business plans / budgets for group
entities.
• Supervising Finalization of Statutory Accounts and Financial Operations.
• Risk management over collections and payments- experience in credit management.
• Analysis & evaluation of the OPEX/ CAPEX expenditure, focusing on cost saving.
• Leading forecasting cycles and budgeting process.
• Project management on finance-related topics: preparation of implementation/
milestones plans, establishing scope and timing, assigning responsibles. Managing
ongoing tasks, issues, reporting the current status.
• Cooperation with FPA on the subdivisions/profitability analysis.
• Collaborating with different Strategic Business Units every month on their respective
financials and recommended methods for improvements.
• Coordinating best practices and learnings across teams.
Achievements:
• Credentials of successfully controlling all aspects of accounting and US GAAP financial reporting activity for 3 EMEA entities.
• Recognized for managing relations with external providers on annual audits, tax and financial statements engagements. Optimizing accounting/tax/consulting matters to cost-cut external fees.
• Successfully introduced and implemented controls and procedures to ensure SOX compliance and risk mitigation.
Responsibilities:
• Streamlining accounting operations, overseeing controlling activities on financial closings.
• Preparation & follow-up on financial forecasts/business plans for group entities.
• Assistance to FP&A team in financial reviews/ CFO Management reporting. Variance analysis budget vs. actual.
• Statutory audits planning/execution until completion to ensure timely submission.
• Managing & Supervising Finalization of Statutory Accounts and Financial Operations, duly audited within defined schedules.
• Ensuring compliance and adherence to internal policies and procedures - US GAAP & Global Inter Company Policies (SOX) / statutory provisions relating to direct & indirect taxation to ensure total transparency in business transactions.
• Mapping requirements of short and long-term financial resources and mobilizing required funding with effective interfacing with banks and financial institutions.
• Effectively managing taxation matters covering Direct (CIT) and Indirect (VAT, WTH etc.) Taxes to generate advantage for the company. Timely submission of returns as per regulatory acts, arranging assessments and lodging/pursuing refund claims.
• Collaborating with different Strategic Business Units every month on their respective financials and recommended methods for improvements.
• Drawing business plans and formulating annual operations /capital budget and enforcing budgetary control to prevent negative variances.
Achievements:
• Recognized for timely and accurate IFRS closings and reporting cycles, meeting set deadlines.
• Successfully resolving any issues with internal and external auditors as well as other stakeholders.
• As the process owner developed, documented and implemented internal control policies and procedures for Procure-to-Pay activities.
Responsibilities:
• Entrusted with the responsibility of supervising finalization of Financial Statements and Financial Operations.
• Strategically planned, developed & implemented Procure-to-Pay policies, procedures, document flows to maintain financial control environment projected towards organizational goals. Direct reporting to Senior Management.
• Accountable for analysis & evaluation of the project/ OPEX/ capital expenditure. Determining/ analyzing differences between budget & actual results ensuring funds optimization, providing explanations and evaluating tendencies.
• Collaboration with FP&A department, Investor Relations lead in monthly, quarterly, yearly Financial Reviews.
• Ensured strict adherence to company policies & procedures, reported any deviation to Senior Management with proper documentation.
• Involved in monitoring and reconciliation of BS & PL accounts.
• Review and continuous improvement of accounts payable/ fixed assets accounting, implementing adequate internal checks and controls.
• Project management: preparation and implementation of milestones plans, establishing scope and timing, assigning responsibles with subsequent follow-up on the status.
Achievements: Responsible for all financial reporting for HP Belgium entity, including board packages and internal/external communications. Successfully managed timely closing; demonstrating commitment and meeting set deadlines. Performed analysis and prepared schedules for financial package support, tax department, auditors and management.
Activities and responsibilities within BELUX Controllership:
Overseeing accounting and monitoring of internal controls.
Regularly closing, as well as monthly/quarterly/yearly detailed reporting across operating divisions; reporting processes continuous improvement.
Preparation and filing/reporting of financial statements under US GAAP and BE GAAP.
Liaising with internal/external auditors on company accounts, successfully resolving issues.
Communication with Tax department on Tax issues and company structure (M&A).
Deferred taxes calculation; preparation/analysis of budgets and tax forecasts.
Variance analysis by BUs (actual vs budgeted for costs, actual vs forecast for sales); working closely with FP&A department. Deals profitability analysis.
Achievements: Successfully managing audit projects from A to Z; active assistance in SAP R3 implementation for Russian subsidiary of Bekaert.
Activities and responsibilities:
Performance of financial (IFRS), operational/compliance audits on supply chain management, procurement, inventory, sales, payroll, credit management, treasury, information systems etc.
Identification and evaluation of the organization's risk areas, scope definition.
Performing audit procedures, defining audit issues, testing and analyzing evidence.
Conduction of interviews, documents review; preparation of memos, working papers and recommendations vs. issues identified.
Communication of the audit results via written reports and oral presentations to management.
Action plan support, evaluation of the action plan implementation.
Project lead for EMEA clients, as well as several Russian entities of EMEA and US-based companies (incl. Tax planning, banking operations, treasury).
Activities and responsibilities:
Statutory reporting, accounting and bookkeeping (AP, AR, GL, FA, banking, treasury functions) for Clients under US GAAP, IFRS, BE GAAP, RU GAAP.
Preparation of monthly closing journals, reconciliations of accounts, VAT and CIT returns reconciliation, etc.
Assistance with internal and external audits (RU GAAP, BE GAAP, US GAAP, IFRS).
Communication, coordination and regularly issues follow-up with clients and other departments (Tax, Transfer Pricing), as well as external parties (auditors, payroll providers).
Budget reviews and cash flow forecasts preparation.
Financial analysis and analytical review of Client’s financial results.
Accounting and Tax information research for EMEA, US, Russia-based clients.
managing audit team of 7 persons; participation in preliminary and year-end audits for leading russian enterprises and russian-based subsidiaries of large international companies.
Activities and responsibilities:
Performance financial audits in accordance with IFRS, US GAAP, RU GAAP:
•Outlining business processes, identifying weaknesses of designed controls;
•Financial statements risk assessment;
•Performing audit procedures, working papers preparation (memos, reports, analytical reviews of sales, inventories etc.);
•Preparation of audit recommendations.
Operational audit: development and support of internal controls for SOX compliance purposes.
Participation in due diligence projects; Market surveys conduction.
courses: Chartered Certified Accountant (ACCA), student in progress
Have been granted a scholarship)