Senior Financial Analyst
Al Salama Hospital
Total des années d'expérience :10 years, 7 Mois
• Conducting in-depth financial analysis to assess the financial health and performance of the hospital.
• Analyzing financial statements, identifying trends, and evaluating financial risks and opportunities.
• Assisting in the development of budgets and financial forecasts, collaborating with various departments to gather data, analyze variances,
and provide financial projection.
• Submitting monthly cash flow projection report and monitoring working capital management of the hospital.
Prepare monthly financial statements in accordance with the approved accounting standards.
Perform periodic analysis on income statement including detailed analysis of OPEX
Perform periodic analysis on balance sheet to highlight long outstanding balance (if any)
Perform detail analysis of vendor / customer aging report also responsible for conducting reconciliation of related party transactions/
balances.
Coordinate with auditors for smooth execution of audit
• Recording financial transactions in ERP.
• Providing financial information to management by compiling and presenting reports, budgets, business plans and financial statements
• Responsible for the risk analysis and financial forecast for the upcoming period.
• Involved in the finalization of Audit for the year 2019 and 2020 and identified records which were not in compliance with the accounting
standards to the management.
• Involved in the intercompany reconciliation, receivable, supplier, and bank reconciliation.
• Maintaining accounting controls by designing and implementing policies and procedures.
• Responsible for monthly validation and submission of tax return
Responsible for the preparation, validation and submission of monthly financial statements of MORO HUB and its associated companies (Digital X, Infra X and Smart Energy X) at a given timeframe.
• Supervising month end closing activities and ensuring that all the transactions have been recorded in SAP.
• Performing segmental analysis and comparing actual revenues and expenses with budgeted figures.
• Assisting Head of Finance in preparation of budget of all associated companies for coming year. • Preparation of cash flow forecast on monthly basis for MORO HUB and associated companies.
• Preparation of monthly income statement & cash flow. • Ensuring sales invoice has been generated based on the services provided by verifying the reports generated by operation department.
• Verifying the payment to the vendors and ensure that all supporting documents are attached before presenting them to audit department.
• Authorizing all the transactions being entered in ERP and ensure that all month end provisions / accrual have been recorded in ERP.
• Ensure that VAT report is being submitted on time.
• Present weekly receivable / payable aging report to management as well as analyzing receivable/ payable turnover ratio.
• Ensure that fixed asset register is maintained and depreciation being recorded on monthly basis.
• Maintaining fixed asset register, recording its acquisition and disposition and ensuring that depreciation being recorded in ERP.
• Recommend to management any updates to accounting policies related to fixed assets.
• Prepare audit schedules for fixed asset and assist auditors in their inquiries. • Preparing monthly reports which include cash flow analysis, receivable analysis, and revenue and profit analysis. • Maintain customer and receivables accounts and ensure timely collection, recording and follow up. • Support month end close cycle through General Ledger reconciliation’s, analysis and associated accruals / postings • Preparation of Statement of Comprehensive income, Balance Sheets and Cash-flow Statements with comparisons against the budget and explanation of major variances. • Provide guidance and advice to management on accounting| Finance requirements particularly in relation to the application of accounting standards.
• Responsible for the preparation, validation and filing of monthly and quarterly VAT returns.
• Ensure proper financial and business process controls are in place for accuracy.
• Review and verify all reconciliations of subsidiary ledgers with general ledger balances such as banks, payables and receivables,
• Managing Accounts Receivable by ensuring receipt on time by review and analysis of aging report.
• Managing Accounts payable by checking invoices against purchase order and ensuring suppliers payment on time.
• Ensuring that all month end tasks including reconciliations, management reports, booking of accruals and period closing are done on time with accuracy.
• Analyzing actual manufacturing cost and prepare periodic reports comparing standard cost to actual production cost, provide analysis for impact of changes to standard costs prior to actual changes.
• Assisting in budgets and forecasting.
• Assisting in the preparation of financial statements and ascertaining that amount recognized is in accordance with International Financial Reporting Standard (IFRS).
•Key responsibilities entail planning, execution and completion stage of the audit (as per the requirements of ISA).
•Reporting of significant issues to the management and other varied special nature engagements.
•Responsible for engagement management, client relationship management, supervision and review of the work performed and co-ordination with professionals in various fields like tax, legal and IT experts.
•Involved in audit assignment of following clients:
Siddiq Sons(Pvt)Limited
Rizwan International (Pvt) Ltd
ABC Travels (Pvt) Ltd
BS Logistics(Pvt)Limited