Finance Manager
Unitra International (Red Bull)
Total years of experience :15 years, 7 Months
Prepare budgets, forecasts and strategic plans that provide clear, consistent and measurable targets for the business. Develop monthly financial reporting packs that accurately measure business performance.
Manage the accuracy and productivity of day-to-day activities of accounts payable, cash disbursements, invoicing/billing, payroll,
perpetual inventory integrity and fixed asset records.
Manage intercompany transactions, drive cash generation, working capital management and forecasting.
Organize and analyze monthly financial results and report to the CFO, CEO and Parent Co.
Provide strategic direction and oversight of key accounting functions including financial reporting and systems management.
Review financial systems, policies and procedures on periodic basis for improvements and updates in line with the changes in the business. Manage implementation of new financial and budgeting systems like EPM Budgeting module under SAP.
Oversee ad-hoc and special projects including analysis of fixed cost performance, manpower, pricing, sales contribution, new and loss-making brands.
Expand the distribution of operational analysis reports to drive operating efficiencies and cost reduction at cost center level.
Prepare estimations and cost-benefit analysis for new product strategic planning and expense management.
Evaluate potential capital projects to determine key metrics such as cash flows, payback period, NPV and ROI. Further, monitor and report monthly on the financial status of existing operational projects.
Primary contact for the auditors, and responsible for year-end statutory accounts and audit process.
Prepared and implemented audit strategy including budgets, audit schedules, staff selection, assigning workloads and financial reporting.
Supervised the engagement teams to execute efficient audits under risk based methodology.
Performed detailed testing procedures on significant accounts like cash and bank, fixed and intangible assets, inventories, accounts and other receivables, prepayments, accounts and other payable, deferred revenue, accruals, revenue, and expenses.
Tested the design and effectiveness of internal controls by completing walkthroughs of complex business processes.
Issued management letters to the client making recommendations on industry specific best practices to overcome the gaps in their financial policies and procedures.
Ensured performance of IFRS, local GAAP and regulatory compliance checks.
Monitored new trends and technologies as they applied to audit areas.
Created and monitored system of controls and forms for recording fixed assets.
Ensured proper recording and disposal of fixed assets in the accounting system (Oracle R11).
Reconciled sub ledgers to the general ledger and post month end adjustment journal entries as required.
Participated in preparation of authority matrices and process flowcharts for departments like Finance, Treasury, Procurement, IT and Legal etc.
Participated in the due diligence and integration of business development activities.
Supported audit related activities (preparing schedules using system reports (Oracle financials) as necessary).
Prepared monthly results, budget variances and ad-hoc analysis using Excel modelling.
Professional membership.