Financial Analyst
Davita Inc
Total years of experience :19 years, 8 Months
Budget Creation: Create Budget based on project master plan & estimations and analyzing them against the initial plan. Preparation of Rolling Budget if any essential changes are needed.
Forecasting & Business Plan: Forecast monthly Project Revenue & Cash flow on weekly basis and developing a Project Business Plan for each project on a monthly basis.
Financial Analysis: Disclosing the whole financial image of project and conduct variance analysis to identify the discrepancies.
Financial Modelling for new projects bid submission and various scenarios of running projects costs and forecast.
Manage over all functions of Accounts Dept: Ensuring monthly closing of accounts (passing all the closing & adjusting entries). Preparing and uploading financial reports to both HQ and head office in a timely manner.
Internal Control: Assisting in formulating internal control and monitoring compliance.
Treasury Management and Revenue Analysis: Handling the full function of Treasury, closely monitoring the billing trigger, collection and revenue recognition of various profit centers. Conducting variance analysis of daily patient census report and monthly billing.
Oversee AP & AR & Payroll: Overseeing the complete cycles of AR, AP and verifying the payroll and uploading payroll payments. Reviewing and approving the all other payments. Ensuring timely payments to vendors.
Cost Management and Analysis: Conduct detailed cost analysis including HR & Sub contractors cost and all project related cost. Supporting higher management for effective cost reduction.
Capitalization of Assets: Manage capitalization and disposal of asset and reconciling assets with ledgers.
Oversee Inventories: Review the clinic physical stock counts and upload the monthly inventories to the system.
Reconciliation of Intercompany, GL, AR, AP and Petty cash.
Assisting in the preparation and filing of VAT and withholding tax return.
Liaising with auditor for the yearly audit and closing of accounts.
Assist in development and implementation of new procedures and features to enhance the workflow of the department.
Collaborate with all other department for the daily operational functions.
E2E Process of a Project
Formulate the Project Estimation based on the baseline and professional solution.
Create Project Budget as per the project master plan, estimation, and forecasting and setting Financial plan.
Analyzing the budget with initial plan
and preparation of rolling dudget if any essential changes occurred in scope of work.
Forecasting monthly project revenue, cost, gross profit and cash flow on the basis of project delivery process.
Developing Project Business Plan for each project on monthly basis
Project Risk Management.
Project Financial Analysis (P&L a/c analysis, Revenue Analysis, AR Analysis, Cost Analysis, ITO, SPI, CPI and KPI Analysis, Cash Flow Management)
Detailed variance analysis.
Project treasury management and revenue analysis
Cost management and analysis.
Project Closure Accounting
Generate major projects financial report monthly and issue expense implementation report monthly to both Head quarter and Regional office.
Provide proactive suggestions to business dept on cost control and project operation targets.
Managing daily operations of the GL department, ensuring the accuracy and integrity of financial data.
Managing accounts payable, ensuring timely booking of invoices, payment to suppliers and reconciling ledgers.
Managing accounts receivable, making timely collections and booking all required provisions. Performing daily bank reconciliations.
Managing the capitalization and disposal of assets as per the company policy. Posted all required periodic journal entries, including sales, accounts receivable, accruals, and prepayments.
Booking all utility and other G&A costs.
Reviewing TB monthly and ensuring all balance sheet schedules were completed and accurate. Preparing short-term and long-term budgets (Opex & Capex).
Maintaining and administered all transactions (payments & receipts) and recording them. Maintaining reconciliation and administration assistance as required, including data entry, record keeping.
Preparing monthly reports on major accounts movements and performing trend analysis. Preparing monthly cashflow and fund flow reports to ensure timely payments.
Performing general ledger reconciliations and assisted in the development and maintenance of finance procedures and processes.
Certified Management Accountant (CMA -USA)
Bachelor of Commerce