Accountant
Merint Group
Total years of experience :5 years, 6 Months
• Conducted comprehensive analytical reviews of financial statements for 8 companies, ultimately contributing to strategic decision-making through the delivery of clear and actionable financial insights.
• Evaluated internal controls, identified improvement areas, and recommended strategic actions, including ERP system upgrades, leading to a significant nearly 40% reduction in the reporting cycle to enhance operational efficiency and ensure compliance within organizational frameworks.
• Conduct cost-benefit analysis to identify areas for cost reduction.
• Stock reconciliation of group companies.
• Ensure regular system & document updates of all receivables and payables along with the bank documents.
• Improved fund flow efficiency by optimizing the cash conversion cycle, resulting in a streamlined financial process and a 20% reduction in the time required for systematic updates of receivables, payables, expenses, and income documentation.
• Designed sophisticated financial models, generated MIS reports, and developed dashboards, achieving a significant 30% time-saving in business planning and analysis activities.
• Analyze internal controls and recommend actions, including upgrading ERP systems.
• Monitor budget variances and provide explanations and recommendations.
• Coordinate with other department for internal accounting matters as advised by supervisor.
• Compile and analyze the group companies profit and loss statements, balance sheets, and cost sheets, etc.
• Collaborated seamlessly with internal and external audit teams, ensuring strict compliance and implementing a streamlined document flow for efficient and effective audit processes.
• Ensure compliance with tax laws and reporting requirements.(VAT filings and Corporate Tax)
• Any other ad hoc assignments by FM/CFO.
• Implement and monitor internal controls to mitigate financial risks.
• Showcase expertise in spreadsheet applications for financial analysis.
Review and recommend changes in internal audit controls.
Study, inspect and assess budgets, balance sheets and other related financial statements.
Verify and inspect accounts receivable and payable ledgers and general ledger for its accuracy.
Check all accounting and clients’ databases are updated and functioning properly
Verified and reconciled bank account amounts with 100% accuracy.
As a leading international franchise operator, with 90 of the world’s most recognized brands in its portfolio includes
Starbucks, H&M, Mothercare, Debenhams and Victoria’s Secret. Alshaya Group brings great shopping, dining, leisure,
and hospitality experiences to millions of customers across the Middle East & North Africa, Russia, Turkey, Europe and
beyond for 35 years
* Managing accounts of over 90 brands in different regions of the Middle East.
* Managing all financial accounting activities for 70+ retail stores, wholesale, and e-commerce.
* Monitoring the outstanding invoices worth over $1.5 million on daily basis and taking the required actions and
following up with customers.
* Assess and report revenue from sales and closing the books of accounts on monthly basis.
* Conduct the variance analysis makes sure all expenses in P&L account are in line with the budget.
* Compare sales with budget to identify major variances in profitability and rectify on quarterly basis.
As a leading international franchise operator, with 90 of the world’s most recognized brands in its portfolio includes Starbucks, H&M, Mothercare, Debenhams and Victoria’s Secret. Alshaya Group brings great shopping, dining, leisure, and hospitality experiences to millions of customers across the Middle East & North Africa, Russia, Turkey, Europe and beyond for 35 years
Managing accounts of over 90 brands in different regions of the Middle East.
Managing all financial accounting activities for 70+ retail stores, wholesale, and e-commerce.
Monitoring the outstanding invoices worth over $1.5 million on daily basis and taking the required actions and following up with customers.
Assess and report revenue from sales and closing the books of accounts on monthly basis.
Conduct the variance analysis makes sure all expenses in P&L account are in line with the budget.
Compare sales with budget to identify major variances in profitability and rectify on quarterly basis.
Brand wise sales forecast preparation for the full year and evaluate and revise on monthly basis.
Introduced innovative and creative ideas at work for automation and navigate the developments.
Adhere to internal controls and facilitate compliance auditors, external auditors to do their audits.
Reconciliation of VAT (value- added tax) and report the tax liabilities to management.
Assessing Trial Balance - All Control Accounts related to receivables and payable accounts related to customers. (advance payment from customers)
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