TREASURY AND PAYROLL ACCOUNTANT - GROUP
Hoxton Capital Management
Total years of experience :2 years, 4 Months
Managed daily cash balances and reviewed maturing debt transactions to ensure correct funding and liquidity management
Developed the firms annual Cash flow projections by analyzing historical data and market trends using financial modeling process and collaborated with the Finance Director and COO
Assisted business divisions with accounts receivables, Payables and payroll providing reporting and analysis to support efective cash flow management
Developed clear presentations of financial reports and financial analysis by constructing financial models and conducted variance analysis to interpret data and to communicate findings and recommendations to the management
Developed and initiated process optimization procedures for finance and business process improvements
Automated processes in Management Accounts and Payroll and reduced manual errors by 30%
Solely in charge of the payroll function of the firm including Set up payroll files, liaising with external payroll providers and processing all commission and month end disbursements in UAE, UK, US and India (270+ employees)
Maintained and updated financial records and bookkeeping, executed monthly reconciliations, and managed cash balances to ensure the organizations financial health
Provided information for internal and external audits, complying with cash management activities
Tracking FOREX fluctuations to maximize conversion gains using Power BI, Excel Macros and VBA
Coordination with internal/external audits around Payables, Receivables, Payroll and Management Accounts (Use of Xero Software along with PowerBI, advanced Excel functions and Macros)
Built financial models to evaluate different market scenarios and implemented cost saving initiatives
Generated Cash Flow Projections and Expenditures reports to inform strategic financial decision-making and ensure financial stability.
Assisted with treasury functions of the firm such as liquidity management and fund requirement calculation and processes along with banking relationship management
Handled tax records and audit reports submission to local authorities of specific entities
Responsible for quarter end and year end closing activities relating to Payables, Payroll and Receivables (Use of Sage and Accounts IQ Software)
Provided support and guidance to team members with preparation of closing entries to ensure all transactions are accurately recorded, maintaining accuracy and transparency in financial reporting.
Preparation of payroll files and processing payments to 270+ employees over various entities on a weekly and monthly basis ensuring timely and accurate disbursement.
Facilitated payroll preparation for all entities across multiple jurisdictions including UAE, USA, UK, and Switzerland, ensuring timely and accurate processing.
Developed and managed budgets, provided variance analysis, and recommendations
Managed banking operations including updating bank balances and bank statements to ensure accuracy and transparency of financial records.
Reviewed bank fees, drove improvements in cash management, and oversaw debt facilities
Collaborated with External Payroll Providers for month-end pay runs and ad-hoc tasks, fostering efective communication and smooth payroll operations.
Administered monthly pension payments for UK employees and managed compensation payments and insurance subsidies for USA employees, ensuring compliance with legal requirements and company policies FINANCE INTERN
Conducted payroll training sessions for new employees, ensuring understanding of payroll processes and compliance with company policies.
Handled ad-hoc tasks as required to support smooth financial operations and address emerging needs of the organization