Senior Finance Consultant
Arowana Consulting Limited
Total years of experience :16 years, 5 Months
Providing Assistance as a Finance Consultant to Majid Al-Futtaim Properties / Holdings for their Oracle Financials Operational Issues as well as Oracle Enhancements and Roll-Outs Projects across the Whole of Middle East including Egypt and Lebanon.
Worked as Supervisor Senior/Team Lead to devise Chart of Accounts and Costing structure. The objectives included:
• Review of the existing Chart of Accounts and Controlling structure against the operations of the company
• Ensuring that the recommended changes are implementable in the ERP system of the company
• Providing a road-map to the company for the successful and controlled implementation of the required changes
• Providing support services (Post implementation)
Functional lead for implementation of Purchasing, Inventory, Fixed Assets, General Ledger, LCM, Cost Management SLA, Accounts Payables, Accounts Receivables, E-Business Tax, Approvals Management Engine and Cash management.
Supervisor for implementing Oracle Financials R12. Detailed job role involves:
• Conducting orientation sessions and presentations for high level management to create management buy-in for the new system
• Conducting As is system study and documenting and flowcharting the current system
• Conducting presentations for finalization of structures to power users
• Mapping user requirements in functional design document
• Implementation on test server
• Conducting user training secessions for Oracle financials modules
• Implementation on production server
• Assisting IT specialist in making customized reports and mapping requirements
• Post implementation review and issue resolution
• Reconciling legacy system with new system
My responsibilities in Assurance and Business advisory (ABAS) department at PwC encompassed the following:
- Project management and human resource management.
- Communication and liaison with clients
- Assist manager in drafting communications with the audit committee.
- Identify business risks and significant risks, bring them to the manager’s attention at early stages and document in the file after reaching the conclusions.
- Understanding, scoping, evaluation and validation of controls activities.
- Perform risk assessment, Evaluate control environment, identify key control activities, understand and document business cycles and Testing Operating effectiveness of controls.
- Recommend improvements in management’s enacted internal controls system and monitoring implementation of our advice.
- Assessment of, degree of reliance to be placed on management’s control systems.
- Planning the extent of audit work and the determination of desired forms of evidence.
- Documentation of preliminary risk assessment and reporting to engagement leader.
- Perform interim and year-end audit procedures and ensure that all steps of the audit program are completed.
- Making accounts to be signed by partner in-charge and ensuring appropriate disclosure requirements have been met.
- Complete all the completion steps and review the work performed by the associates.
- Compilation of final risk assessment and analytical procedures in order to ensure that the desired quality of outcome has been achieved.
- Reporting to those charged with governance in form of letters and Client Service Reports.
- Liaison with joint auditors and auditor’s/client’s experts.
- Assisting internal and external quality reviews of audit documentation.
- Ensure that all external working papers are referenced in the MyClient/ Aura files, plus dated/signed by the staff member.
- Preparing confirmations for banks, receivables, payables and lawyers letter.
- Physical verification of fixed assets, stocks and investments. Appropriateness of capitalization of expenses.
- Making the cash count, and paper of value to ensure compliance with the entries and financial records.
- Ensure effective communication of all issue with audit team
- Managing the audit teams assigned to different clients at different stages.
Chartered Accountant-(Accounting, Auditing and Financial Management)