Senior Financial Analyst
Alghanim International
مجموع سنوات الخبرة :25 years, 0 أشهر
Scope: Power EPC and O&M Projects
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•Accounting of Revenue, Receivables and Retention.
•Receivables Ageing report.
•Monitor timely collections of receivable and report delays to top management.
•Prepare cashflow forecast based on EPC construction S curve and O&M scheduled maintenance and Inspections.
•Prepare and monitor OEM payments plan and ensure release of payments on time.
•Calculation and accounting of realized and un realized foreign currency exchange gain/loss.
•Prepare peak requirement of foreign currency to hedge due to forex risk.
•Projects cost to completion reports .
•Projects Budget vs Actual cost analysis.
Scope: Banking and Finance
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•Monitor Performance, Advance, Retention and other bank guarantees and report timely extension and cancellation of guarantees.
•Prepare Project cash flow and apply for project financing facilities from bank.
•Prepare statement of revenue forecast based on orders booked backlog and pipeline committed and expected projects.
•Monitor bank borrowings and ensure timely repayments of loan.
•Prepare peak utilization of LC facilities.
Scope: Accounts Closing and Audit
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•Prepare monthly management reports.
•Prepare presentation like Business profile, Budget, Interim and Annual Audit report for management.
•Conduct monthly closing by passing necessary revenue and cost accruals, work in progress entries.
•Prepare reports and schedules required to conduct Annual Audit.
Scope: Financial Modeling
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•Prepare real estate feasibility financial model.
•currently working on financial modeling of Jubail Dareen Marina and real estate (MUDP), Saudi Arabia.
•Finished task Cement Plant financial model.
Misc Responsibilities
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•Analysis of opex and capex incurred for Logistic Cost Centre.
•Supervising Fixed Assets accounting including Additions, Transfers, Retirement etc.
•Set up and supervise annual physical count.
•Fixed Assets Acquisition, Revaluation, Transfer, Disposal, Depreciation & Inventory
•Review and reconcile period capital spending, including parts capitalization
•Maintain fixed asset register based on changes in the fixed asset inventory
•Accounting of Revenue and Receivables
•Produce & communicate reports on accounts payable on a daily/ weekly basis
•Ensure that the different types of payments are made accurately and entered into the system
•Checking of vouchers including petty cash, bank payment, journal voucher, AP & AR entries
•Reviews, investigates and corrects errors and inconsistencies in financial entries
•Follow up with Purchase Department in submission of timely supplier invoices
•Accounting of Insurance, rent, commission and other prepaid expenses
•Accounting of Payroll, leave and indemnity & reconciliation of employees related balances
•Perform the closing of accounts process including booking, reversing & adjusting entries
•Assist in making capital expenditure budget
•Assist in finalizing Profit & Loss and Balance sheet of the company
•Preparation of Balance Sheet schedules for Audit
•Preparation of Petty cash vouchers and its reimbursement
•Preparation of Journal voucher, Bank Payment vouchers & Cheques and other accounting entries
•Update supplier data system with new or existing supplier information
•Process & follow up supplier invoices and take necessary actions when required
•Bank and supplier accounts Reconciliation
•Equipments and other overheads allocation
•Passing Accruals, Allocation & Prepaid amortization
•Accounts Receivable along with Sales Invoices
•Yarn stock and sale reconciliation
•Price and Quantity variance analysis
•Commission calculation
•Bank reconciliations
•Preparation and posting of journal entries
•Reconciliation and analysis of General Ledger Accounts
•Inter-company reconciliation
•Assist in the monthly close process
•Other projects as assigned
•Accounting of sales and receivables.
•Accounting of scrap and leftover sales.
•Accounting of Inventory.
•Fabric and Yarn sales analysis.
•Reconciliation of physical stock.
•Preparation of sales tax return along with supporting documents required for recovery sales tax claims.
Grade
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