Financial Controller
Department of Finance - Ajman Government
Total years of experience :10 years, 2 Months
- Lead and oversee the planning and execution of external audits, ensuring strict compliance with regulatory requirements and adherence to auditing standards.
- Conduct meticulous reconciliations between various financial statements' accounts, including balance sheet, statement of profit or loss, and cash flow statement, meticulously identifying discrepancies and ensuring the accuracy of financial data.
- Effectively allocate work to audit assistants, providing comprehensive guidance and coaching to ensure the efficient and effective completion of audit procedures.
- Prepare accurate and timely financial statements, management representation letters, and other deliverables required for each engagement, ensuring meticulous attention to detail and adherence to deadlines.
- Develop a deep understanding of the main business processes for each engagement, enabling
comprehensive and insightful audit assessments.
- Maintain regular and open communication with managers and partners, providing timely updates on progress and addressing any issues or concerns throughout the audit process.
- Oversee stock counts and diligently facilitate follow-up procedures, ensuring accurate inventory valuation and reporting.
- Proactively incorporate partner and manager review notes, incorporating feedback and making necessary revisions to deliver high-quality audit reports and findings.
- Executed and delivered on a variety of external audit client engagements, ensuring compliance with accounting and auditing standards.
- Conducted in-depth research on accounting and auditing matters, documenting conclusions and providing informed recommendations to clients.
- Collaborated closely with the engagement manager, identifying potential issues and proactively addressing them to ensure smooth project execution.
- Formulated reasonable judgments and conclusions based on thorough analysis, delivering informative and timely outputs to clients.
- Prepared high-quality audit reports and related documentation, maintaining accuracy and attention to detail throughout the process.
- Maintained consistent formatting and style in all audit reports and documentation, ensuring a professional and cohesive presentation.
- Communicated effectively with clients and team members, avoiding technical jargon and explaining complex concepts in a clear and concise manner.
- Diligently proofread all audit reports and related documentation, ensuring they were error-free and met the highest quality standards.
- Prepared and analyzed financial statements, including income statements, balance sheets, and cash flow statements, ensuring accuracy and compliance with accounting standards.
- Generated regular financial reports for management and external stakeholders, providing valuable insights into the company's financial performance.
- Managed accounts receivable and accounts payable processes, including invoicing, payment processing, and collections, resulting in improved cash flow management.
- Reconciled vendor and customer accounts, proactively resolving discrepancies and maintaining strong relationships with key stakeholders.
- Assisted in the preparation of annual budgets and financial forecasts, contributing to effective financial planning and resource allocation.
- Monitored actual financial performance against budgeted figures, providing detailed variance analysis and recommendations for improvement.
- Controlled expenses related to shipping operations, identifying cost-saving opportunities and implementing process improvements.
- Ensured compliance with shipping industry regulations, including tariff rates and customs requirements, minimizing the risk of penalties or legal issues.
- Maintained up-to-date knowledge of relevant industry standards and changes in regulations, adapting financial practices accordingly.
- Conducted financial analysis to identify trends, opportunities, and risks, providing valuable insights for strategic decision-making.
- Provided recommendations based on financial data, supporting management in making informed business decisions.
- Assisted in the preparation and coordination of financial audits, ensuring accuracy and compliance with auditing standards.
- Worked closely with external auditors, facilitating a smooth and efficient audit process.
- Managed daily cash flow and banking activities, ensuring optimal liquidity and financial stability.
- Monitored and reconciled bank statements and financial transactions, identifying and resolving discrepancies in a timely manner.
- Prepared and filed tax returns, including VAT, customs duties, and other tax-related requirements, ensuring compliance with tax laws and regulations.
- Stayed updated on tax laws and regulations affecting the shipping industry, proactively adapting financial practices to remain compliant and minimize tax liabilities.
- Managed longstanding containers and coordinated action plans with shipping lines, ensuring efficient logistics and timely delivery of goods.
- Investigated responsible parties for damaged containers, facilitating effective claims management and minimizing financial losses.
- Coordinated with relevant parties to follow up on full long standings, ensuring accurate tracking and documentation of container movements.
- Conducted bimonthly physical stock takes, ensuring accurate inventory management and minimizing discrepancies.
- Implemented robust container stock management processes, ensuring all containers were accounted for at all times and reducing the risk of loss or theft.
- Maintained clear and concise documentation of all logistics and supply chain activities, facilitating effective communication and knowledge transfer.
- Avoided industry-specific jargon, ensuring clarity and comprehensibility of responsibilities and achievements.
- Diligently proofread all documentation and reports, ensuring accuracy and professionalism in presentation.
Bachelor's degree in accounting - English section - Alexandria University - Class 2009.