Finance Controller
Alasala Education And Training
Total des années d'expérience :23 years, 6 Mois
Directed finance team incorporating controllership, Business Operations, Decision support, Financial Planning and Analysis to enable strategic foresight into the business and also provide knowledgeable and accurate information to the management.
Major tasks
•Contributing to the effective corporate management of the company, including strategy implementation, cross organisational issues, integrated business and resource planning, risk management and performance management.
•Providing financial, commercial and strategic support to the business.
•Leading development of a medium term financial strategy and the annual budgeting process to ensure financial balance and a monitoring process to ensure its delivery.
•Developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows.
•Coordinate the preparation of strategic plans, budgets, liquidity planning and financial forecast.
•Monitoring and controlling the expense of Project development activities.
•Developing and updating accounting, finance and management policies and procedures.
•Effective Cash Flow Management
•Monitoring budgets and comparing them with actual cost and revenues related to cost, marketing and capital.
•Coordinating the preparation, maintenance and filing of projected P&L Account and Balance Sheet as required by bank authorities and other financial institutions.
•Coordinate the preparation of Financial Statements, Financial Reports for internal usage.
•Getting control accounts reconciled and sorting out the discrepancies
•Liaison with business related organizations such as Banks, and preparing budget cum systemizing departmental work.
•Developing, managing and motivating a team of finance professionals.
Major tasks
•Overseeing all aspects of financial control in the business.
•Manage and supervise all financial accounting activities, controlling & Coordinate in finance department and Prepare reports to Management on daily, weekly, monthly and Yearly basis. And working alongside with CFO when preparing Statutory Accounts.
•Preparing anticipated Budget and cash Flow of the company.
•Preparation of management information from source data.
•Prepare cost estimation of the projects with support of Estimation Engineer.
•Preparing & reporting to management report such as Cash Flow Statement, monthly Forecast of the Company, Sales and Purchase Ledger, Inventory Movement and P&L. Also the status of Projects work and comparison with budget and Actual expense with commentary on the preference.
•Assisting CFO when preparing statutory Accounts and involved in annual budgeting preparation, monthly forecasting and strategic plans for potential development.
• Perform financial analysis for budgets, including monthly, year-to-date, actual vs. budget and variance analysis.
• Monitoring month end processing, GL journals, review/prepare monthly reconciliations of GL accounts, Bank & Cash reconciliation.
•Preparing Sales Ledger and report on monthly basis for the management and submit to the customers on credit period basis and coordinate with sales department for the collection.
•Preparing Purchase Ledger and report to the management on monthly basis and release payment to suppliers based on payment terms, credit period and financial condition of the company.
• Preparing necessary L/C documentation for Importing & Exporting materials, negotiate & follow up with suppliers and coordinate with customs clearing agents
• Establish and maintain close relationships with bank authority and auditors ensuring compliance with all regulatory bodies
• Documentation and follow up for bank facility like Letter of Credit, Over Draft, Letter of Guarantee (Bid, Performance & Financial Bond), Bill Discounting and Loans.
•Organize and Supervise annual Physical inventory of Stocks and Assets and analyze the actual with records, report to management.
• Preparing financial performance of the company and report to management, prior to submit to auditor for final audit
•Bank reconciliation; provide cash flow forecasts /analysis for senior management
•Preparing necessary documents for final audit Liaison with auditors and prepare audit work papers
•Actively participating in the annual audit process to ensure quality information is provided in a timely manner and the audit is finalized effectively and efficiently
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