Finance & Office Manager
Brunel Energy
Total des années d'expérience :25 years, 0 Mois
Key Areas: Accounts Receivables & Payables ~ Payroll ~ Bank Liaison & Guarantee ~ General Ledger ~ Audit ~ P&L ~ Cash Flow, Reports, MIS, Budget & Balance Sheet
Accountabilities:
Managing the overall functions of finance/ accounts department including financial reporting and control, cash flow management and bank.
Preparing monthly variance analysis between budget and actual as well as quarterly budget and performance and reporting to Regional Director and Regional Financial controller.
Projection and planning of monthly accounts payable and other obligations.
Supervising the inflow & outflow of funds by preparing the cash/ fund flow statement and assuring optimum utilization of available funds in line with corporate goals.
Preparing trial balance, financial statements like balance sheet, income statement and cash flow analysis and MIS reporting to Regional Financial Controller.
Preparing the monthly payroll and interacted with External Auditors for all the audit related matters.
Managed & maintained MIS & reports and assessing the same for facilitating decision making process.
Monitored accounts receivables and managed smooth cash flow.
Supporting Financial Controller in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy.
Preparation of operating data and special reports as required including year-end financial statements.
Oversaw daily accurate banking and liaison with banks in respect of facilities and other bank dealings.
Was responsible for corporate budget preparation, review and submission.
Reviewing Payroll and employee compensation as well as incentive schemes.
Ensuring compliance with all accounting and financial policies and procedures.
Key Result Areas: Fund Operations ~ Letter of Credit ~ Reports ~ ERP ~ General Accounting ~ Cash Flow Statement & Balance Sheet
Accountabilities:
Was responsible for Fund Operation - collection of funds from various projects (via T/T or L/C) - Major projects listed below:
Jebel Ali Power & Desalination Phase II, UAE (2005 to 2008) Contract price AED 1.1 billion & Euro 240 million
Pearl GTL C-5 (LPU) project, Doha, Qatar (2006 to 2010). Contract price USD 390 million.
Khurais Central Processing Facilities - Gas Trains package, Saudi Arabia (2006 to 2009) Contract Price USD 466 million & SAR 1.2 Billion.
Suban Phase 2 Gas Project, Indonesia (2004 to 2006) Contract Price USD 265 million.
Western Libya Gas Project, Libya (2002 to 2006) Contract Price Euro 340 million.
South Pars Gas Field Development Phase IV & V - Iran (2002 to 2005) Contract Price USD 1.1 Billion.
South Pars Gas Field Development Phase II & III - Iran (1999 to 2002) Contract price USD 650 million
Suban Phase I Gas project, Indonesia (2001 to 2006) Contract price USD 240 million.
500/275 kV substation / Malaysia (2003 to 2006) Contract price USD 55 million.
Jabel Ali Power & Desalination Phase I, UAE (1999 to 2001) Contract Price USD 235 million.
Developed & submitted reports to Head Office, South Korea and related Site Office for inward/ outward payments and accounting.
Prepared overall financial status & Cash flow status and reported to Head Office in South Korea.
Ensured arrangement of facilities for projects and day to day company affairs by coordinating with Banks (Commercial and International).
Good knowledge in ERP (SAP) accounting package (from 2002 to 2008)
Letter of Credit - handled USD 200 million L/C facilities in various bank’s (commercial & International):
Opened L/C’s pertaining to requirements of Head Office and Site Office for purchasing materials in accordance with terms and conditions.
Settled L/C’s upon receipt of L/C document through cross-checks with terms and conditions. If Discrepancy, notified to the concerned authority to seek approval for releasing payments.
Prepared T/R (Trust Receipt), Loan and interest status and scheduled repayment.
Organized L/C room status and reported the same to Head Office as well as the concerned Site office.
General Accounting:
Prepared MIS and reporting to Financial Controller.
Prepare financial statements and supporting schedules according to monthly account closing schedule
Handled USD 170 million Overdraft facilities.
Prepared intercompany transactions as well as adjusting entries as and when required.
Prepared of employee’s monthly payroll and distribution of salary.
Prepared Bank Reconciliation statements and Debit Note.
Controlled petty cash, accounts receivable and payable and making general ledger accounts. Reviewed and approved payment vouchers and journal entries.
Arranged Local purchase payment on time either T/T or cheque.
Collection of Cash from sales office with verification of LPO and Invoice and deposit to bank account.