Analyst – Financial Planning & Reporting
Sidra Medicine
Total years of experience :17 years, 9 Months
Key Role Accountabilities: Financial Reporting:
•Preparation of financial statements, such as budget holder's reports, Service profitability reports, Service line Volume, Financial KPI.
•Ensures the accuracy and compliance of financial reports with accounting standards and regulations.
•Analysis and interpretation of financial results.
•Prepares regular financial reports and supporting documentation.
•Ensures timely distribution of the monthly budget reports Data Analysis and Reconciliation:
•Conducts data analysis to identify trends, patterns, and discrepancies.
•Reconciliation of financial accounts and transactions.
•Review and verification of financial data to ensure accuracy. General Accounting Support:
•Assists with day-to-day accounting tasks, such as preparing journal entries and maintaining budget in general ledger.
•Liaises with Financial Operations Team in making corrections to miscoded transactions
•Actions approved changes to budget in Oracle Fusion GL.
•Responsible for journals of monthly cross charging schedules as agreed.
•Responds to queries, suggestions and complaints at a high level when necessary.
•Supports month-end and year-end closing processes.
•Collaborates with cross-functional teams to gather financial information and resolve accounting issues. Financial Systems and Tools:
•Utilizes financial software and tools, such as ERP systems and spreadsheet applications (e.g., Microsoft Excel), to perform financial tasks eficiently.
•Assists in the maintenance and management of financial databases and systems. Business Support:
•Meets with budget holders regularly to discuss financial position
•Makes decisions regarding high level complaints and makes recommendations for resolution where appropriate.
•Supports Budget holders for the production of the annual operating budget.
Key Responsibilities: 1. Closing Books of Accounts on Monthly basis preparing financial statements 2. Preparing budgets, Forecast and variance analysis 3. Preparing Cash flow statements 4. Looking after day to day accounting functions 5. Handling Accounts Payable/ Accounts receivables 6. Bank Reconciliations 7. Preparing Various schedules for Accruals and prepaid expenses 8. Vendor Reconciliations 9. Reviewing GL & Payment Vouchers 10.Preparing Fixed Asset Schedules, Posting Depreciation, Impairment Provisions, Disposals and Write-of 11 .Reviewing Letter of Credit, Shipping Guarantees, LC amendments & Extensions 12.Reviewing Payroll Interim and Monthly 13.Monitoring and Controlling Capital Expenditures 14.Preparing Various Stock reports presenting to Management 15.Reviewing Sales commissions 16.Day to day dealings with the banks 17.Handling Internal and External Auditors Professional Experience-III
Job Responsibilities: 1. Review all invoices for appropriate documentation, approvals and posting to Invoices to proper GL accounts ensuring all corporate guidelines and policies are met 2. Invoice Matching 3. Processing Payments for Foreign and Local Vendors ensuring payments are done on time without delay 4. Opening letter of Credits/ LC amendments /Endorsing Shipping Guarantees documents to clear LC shipments customs authorities. 5. Bank Reconciliations 6. Processing Employee Expense claims for payments, managing petty cash as per corporate policies and guidelines 7. Liaising with Vendors resolving discrepancies, reconciling vendor Accounts 8. Fixed Assets Register Maintenance/ Preparing Fixed Asset schedules 9. Inter Company reconciliation 10.Processing Quarterly Sales commissions 1 1.Verifying monthly payroll and postings. Reconciling monthly payroll 12.Verifying employee overtime 13.Coordinating with Logistics, HR, Projects departments 14.Monthly Closing Posting Accruals and prepaid entries 15.Processing payments for store utilities 16.Preparing Brand wise income statements 17.Preparing Budget and Actuals Variance reports 18.Liaising with banks 19.Assisting Internal and External Auditors 20.Preparing Various management reports
MBA Finance