Finance Controller
SNC Lavalin Limited
مجموع سنوات الخبرة :26 years, 1 أشهر
• Oversee complete financial functional responsibility in the organization for achieving the department's goals and objectives
• Ensure compliance with financial regulations &requirements as per the country tax laws, & with international accounting standards.
• Ensuring adherence to the Group's accounting procedures and maintaining correct internal controls.
• Analyze cash flow positions, related borrowing needs and ensure that sufficient funds are available to meet the operational requirements.
• Ensure timely and accurate submission of the reports to the corporate
• Prepare the annual budget and monitor expenditures and revenue streams
• Co-ordination with Internal, Statutory & Tax Auditor, so as to ensure timely submission of the financials.
• Oversee the payroll function and processing and liaise with the HR department as per Group policy.
• Coordinate with the Commercial and Operation department for the project reports on a monthly basis, also coordinate with all departments on account related matters.
• Monitoring the performance of team members to ensure efficiency in operations and meeting of individual & group targets.
• Presenting a true and fair view of the annual financial position of the company by way of timely preparation of balance sheet by completing all accounting standards of the corporation as a whole
10 years in cross functional areas like Credit Appraisal, Documentation, Corporate Banking Operations, Monitoring, Recovery, General Branch Operations, Financial Advisory Services and Customer Service in the Banking industry.
Operations Management
Administering the entire banking operations cash management, accounts etc. to ensure optimal service and efficiency levels.
Credit Appraisal, Documentation, Credit Banking Operations, Monitoring, Recovery.
Establishing performance-oriented systems/ procedures for execution of banking operations.
Evaluating banking processes & procedures to locate & alleviate possible bottlenecks/ frauds.
Systems Implementation
Interfacing with IT teams for converting manual accounts to computerized accounts.
Statutory Compliances
Managing the preparation & submission of returns & reports to CO/ Auditors in line with statutory norms.
Coordinating with statutory/ internal/ tax auditors & ensuring that accounts are in order.
Ensuring adherence to corporate and regulatory compliances.
Collection and Recovery Operations
Formulating effective debt collection mechanisms for ensuring timely receipt of money from clients &
recovery of bad debts.
Identifying probable risks by conducting audits of existing revenue streams and implementing corrective measures to mitigate the same.
Monitoring and controlling delinquency and credit loss.
Client Relationship Management
Building and maintaining healthy business relations with major clients, ensuring the customer satisfaction by achieving delivery and service quality norms.
Optimizing customer service levels through delivery of outstanding services.
Team Management
monitoring the performance of team members to ensure efficiency in operations and meeting of individual & group targets.
Creating and sustaining a dynamic environment that fosters development opportunities and motivates high performance amongst team members.
• Closely monitoring and verifying the accounts on daily basis..
• To manage monthly general ledger posting & closing, passing necessary journal entries to make system more accountable .
• Preparation of Bank Reconciliation Statements, correspondence with the bankers.
• Finalization of Accounts & MIS within stipulated time. (Preparation of Trial Balance, Profit & Loss Account and Balance Sheet.
• Cost category analysis of operations.
• Liaison with Bankers, auditors and submission of required data
• Compliance of Internal policies & external regulatory requirements.
• Effective Monitoring, Control and review of customers Credit Limit, Receivables of ageing analysis, accurate and timely information to Management & Regulators, etc.
• Overall control of Accounts, Co- Ordination with the Auditors during audit period.
• Processing payments/Checks after verifying the validity, completeness and correctness of supporting documents including compliance with Contract/ Pos terms & conditions.
• Preparation of receivables aging analysis and credit control.
• Preparation of Bank Reconciliation Statements.
• Preparation of Daily, Weekly, Fortnight & Monthly Reports .
• Assisting in preparation of Budget analysis & various statistics.
• Provide accurate, pertinent & timely MIS to Management.
• Pay roll processing, Maintenance of Attendance and complete record of staff.
• Stock Taking, reconciliation and entries to be passed to nullify the variance
• Preparation of Financial Statements in Co- ordination with the Auditors.