Manager - Budgeting and Reporting
Media Group
مجموع سنوات الخبرة :12 years, 9 أشهر
Preparing corporate annual Budgets and Forecasts at consolidated level with the variance analysis of actuals and comparison of previous submission of budgets.
General accounting, periodical finalization and submission of MIS & KPI’s reports with management comments of financial variance analysis between Budgets vs Actual results of each business units, timely book closing as per company policies and standards on monthly and yearly basis as per group timelines.
Monthly VAT report analysing and filing the return as per the VAT compliance and procedures in connection with VAT consultants.
Preparing weekly and monthly cash flow and planning the fund management.
Planning and supporting finance team in the day-to-day financial operations, monthly and yearly book closing activities across all business units.
Played a key role in the implementation of Hyperion reporting pack (HFM) and Budgeting tool (EPBCS) within the organisation.
Liaise with external auditors in preparation and submission of financial statements half-yearly and yearly.
Creating chart of accounts in Oracle R12 and supported team in learning systems as well as stayed up to date with technological advances and accounting software to be used for financial purposes.
To accomplish the task software used is Oracle R12 - ERP and reporting software’s, Hyperion, MS-Office. Reporting to Finance Director and CFO.
Determining financial objectives. Designing & implementing systems, policies & procedures to facilitate internal financial control. Oversee general accounting functions
Developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and coordinate the preparation of strategic plans, budgets and financial forecast.
Taxation - Liaise with external auditors in preparation and submission of financial reports as per Local Tax Authorities and getting them audited with Ministry of Finance yearly.
Liaise with Banks regarding facilities (bid and performance bonds, letters of credit, overdraft, etc, )
Evaluating new proposals in terms of the financial objectives & resources and reviewing Contract Pricing and pricing the new projects.
Successes
Corporate Annual Budgeting for Kuwait Branch - periodical finalization and forecasting, variance analysis reporting between Budgets vs Actual results of each Business line, timely submission of MIS & KPI’s reports in IFRS standards on monthly basis as per group deadlines.
Liaise with external auditors in preparation and submission of financial reports as per Local Tax Authorities and getting them audited with Ministry of Finance yearly. Accomplished successfully long pending 2004-2011(7years) Tax Audits with Ministry of Finance for Kuwait and cleared tax retentions.
Evaluated Tender proposals in terms of the financial objectives & resources and Reviewing Contract Pricing.
Implemented HR package and administering overall office work, HRD & recruitment of staffs etc. headed a team size of 4 members. Trained junior’s in ERP & CRM software’s of the group.
To accomplish the task software used is JD-Edwards - ERP and other related reporting software’s, MS-Office, Lotus Notes, SAS (Business Intelligence tool). Reporting to CEO and RFC-Middle East.
The company is engaged in manufacturing of non-woven carpets, car shelf’s and related accessories for Hyundai Cars \[Green Project Company\].
Successes
Worked along with company auditors & Legal advisors in various legal & statutory registrations and procedures in formation of a private limited company like -RoC, VAT, CST, Central Excise, Service Tax, etc. registrations.
Follow-up of imports related to machinery import and raw materials import from Korea and applying for SVB (special valuation branch) related imports.
Applied and received credit of Cen-VAT input from Central Excise for imports of machinery & raw materials prior to registration. Similarly also for VAT.
Implemented Tally ERP ver.9.00 in the company for maintaining company accounts and created chart of accounts according to the requirement of company.
Monthly Returns e-filing - VAT & CST, Central Excise & TDS-supplier payments.
Employee’s payroll opened bank accounts for each employees and processing monthly payroll of staffs through bank.
Prepared Zero-based budgets & forecast for Expenses, Materials and sales with the available sources of data’s for the financial year 2010 - 2011.
BACHELOR OF COMMERCE