Financial Accountant
Shred-It
Total years of experience :14 years, 0 Months
• Shred-it is the largest document destruction service in the world. It provides secure document destruction service to over 300, 000 customers in 170 markets, in 18 different countries.
Accomplishments:
• Acted as the key financial planning, modeling, and analysis expert to deliver insight to shape the management's strategic decisions.
• Embedded a strong internal control environment, for enhanced control on all financial aspects.
• Streamlined/ optimized the month-end closing process, thus facilitated timely and accurate production of the financial statements needed for analysis and decision-making.
• Demonstrated excellence in fixed asset classification and calculation of annual depreciation and reporting.
Key Responsibilities:
• Directing day-to-day aspects of the business’s accounting and reporting functions, ensuring company financial systems are robust and compliant and support current activities and future growth.
• Ownership of preparing monthly, quarterly, and annual financial statements. Tax preparation and VAT filing returns.
• Generating key metric-driven analytical reports/ Group’s Key performance indicators to support its short & long-term strategic directions.
• Managing cash flow and working capital requirements. Ensuring sufficient funds are available to meet ongoing operational requirements. Leading negotiations with local banks for facilities needed.
• Developing and maintaining the cost accounting system, documents, and records. Identifying and recommending cost-effective solutions.
• Maintaining the financial health of the company through enhanced control of Accounts Receivables & Payables. Implementing AR/AP best practices that significantly increase organizational efficiency.
• Conducting bank reconciliations to help uncover or prevent fraud as well as identify accidental discrepancies.
• Mentoring and empowering a dynamic team of accountants, to be of high caliber, recognizing and utilizing throughout the business as value added business partners.
Accomplishments:
• Provisioned and continuous development of high-quality financial management information. Created monthly and annual reports to identify results, trends, and financial forecasts.
• Discovered ways to reduce Days Sales Outstanding (DSO) and improve the cash flow. Effectively managed the key metric for tracking credit control performance.
Key Responsibilities:
• Handled of the entire gamut of financial management accounting- creating P&L statements, cash-flow, payroll, income tax and sales tax, monthly, quarterly and yearly financial reporting.
• Delivered robust, timely accurate financial reporting which is fully compliant with regulatory requirements of all statutory bodies and accounting standards and stand up to audit scrutiny.
• Prepared daily incoming and outgoing payments and reconciliations of suppliers/clients and cash on daily basis to ensure daily cash position.
• Managed bank accounts, cash flow, bank loans & bank profit expense.
• Tracked daily cash position, assessed and improved the health of cash flow management practices as well as delivering long-term forecasts.
• Assisted in the preparation of tax returns and financial audits, provided necessary documentation and support.
• Led payroll management, prepared / processed leave applications, final settlements of employees and resolve all queries related to compensation and benefits.
• Conducted regular financial reconciliations to ensure the integrity of financial data and identify any discrepancies or errors.