Financial Planning & Reporting Manager
Parsons International Limited,
Total des années d'expérience :19 years, 0 Mois
• Leading annual budgeting and quarterly forecast process for MEA region with market leaders to set up business goals and strategy
• Leading the financial reporting function across Middle East operations conforming to GAAP/ IFRS and ensuring compliance with company policies and procedures
• Independently reviewing monthly financial reports prior to distribution to the wider management team in MEA and corporate
• Reporting portfolio includes P/L Statements, financial KPIs, performance variance analysis and cash flow forecasting
• Collaborating with global finance team for month-end closing and consolidation of MEA results
• Project Reviews and Performance Management: Monthly revenue recognition reviews with market leaders and project controls to track financial performance of projects and provide insights on profit & loss position, revenue exposure, negative cash flow, profitability, risks & opportunities
• Supporting quarterly submission of MEA SOX Book to the US corporate office including preparation and review of quarterly Balance Sheet, Income and Expenditure Statement review and reconciliation register
Compilation of Quarterly & Annual Accounts for the company & its subsidiaries and consolidation of Corporate Accounts for Board Approval.
Drafting of quarterly advertisement and uploading same on web-sites of Securities Exchange Board of India and concerned stock exchanges.
Responsible for seeing overall compliance of Accounting Standards & individually responsible for working on (AS- 20) Earnings Per share (AS-18)
Related Party Disclosures, (AS-19) Accounting for Leases.
Preparation of Monthly Management Information System Reports (MIS). Comparative analysis of the same with Departmental and overall Corporate Budgets.
Compilation of information for Analyst mailer on a quarterly basis
Co-ordination with internal & external auditors and responding to their queries and observations.
Responsible for all the Finance and accounting functions, reporting to CFO. Supervising a team of 3 members.
Preparation of Annual Budget & Financial MIS. Comparison of monthly forecasted vs. actual data for MIS reporting.
Preparation and processing of salaries & co-ordination with Banks.
Preparation of Monthly Cash Flow Statement.
Compilation of Information & preparation of Statutory Forms for employees & contracts.
Compilation of Annual Accounts for the company including schedules & notes to Final Accounts.
Coordination with Auditors
Involved in the preparation of Quarterly and Annual Financial closing of Accounts. Coordinating in preparation of annual accounts up to the finalization stage.
Monitoring the issue of TDS forms to employees and contractors & Annual TDS Return for the same.
Handling of Foreign Account Receivables and coordinating with various Business groups for realization of the same.
Reviewing outstanding statement of debtors month wise and doing age wise analysis and monitoring the receivables on a continuous basis.
Providing data for MIS Reporting with regard to sales, debtors, cash flows and statutory dues.
Obtaining permission from RBI for extension of time for overdue invoices, write off permission for foreign debts and submission of all required information.
Monitoring of all work related to Export sales including invoicing, filing of Softex Forms both to STPI and Banks, filing of FIRC’s.
Handling of all queries of Authorized Dealers with regard to Export bills outstanding, ETX forms etc.
Chartered Accountant
Honors, 65%