Sr. Financial Analyst
AHI Carrier FZC
Total des années d'expérience :15 years, 8 Mois
* Preparation of annual business plans, financial forecast, budgeting, and identify
trends with direct impact to the company.
* Support on the Board & Plan presentations.
* Prepare the consolidated weekly/monthly report from all entities (Europe, Africa,
Middles East, Australia, etc.) for actual orders, backlogs, sales and margin highlighting
trends vs. prior year performance vs. plan, and trends on currency and freight rates
region wise and present to the management.
* Consolidation of financial statements: Profit & Loss and Balance Sheet and analyzing
actual results, present the variances vs. forecast/plan, provide commentary and
identify the rationale.
* Monthly analysis and consolidation of SG&A (all entities) and present the variances
vs. prior forecast vs. plan vs. prior year and identify opportunities to improve
company’s overall spending.
* Produce and present insightful financial analysis, forecasts, and reporting in order to
facilitate decision making at various levels within the organization.
* Participate in the mid-month business reviews and forecast calls organized every
month with the Sales team to better understand the Billing forecast / Booking
Forecast / Pipeline & any risk to the forecast. Take the minutes of the meeting on the
key action points & share a summary.
* Preparation of monthly forecast pack by updating the YTD actual result entity wise /
consolidated and re-calibrate balance of the year forecast while discussing with
respective managers entity wise to assess impact as per plan to be presented to
Carrier US for equity pick-up.
* Generate reports from IHS Markit - Quarterly reports for construction data for AHI
Carrier regions, economics data, and market outlook etc.
*Support ad hoc analysis and report as necessary.
Analyze current and past financial data and performance and interpret findings to help
the company make business decision and action plan
* Organize data into accessible reports and coordinate with other members of the finance
team to review financial information and forecasts
* Manage month-end closing, prepares financial statements, and ensure timely
submission of Management reports and schedules
* Analyzing financial statements to ensure accuracy and compliance with generally
accepted accounting principles and summarizing financial results
* Prepares Project Margin Analysis for Construction, analyzing progress billings and
revenue recognition based on percentage of completion, and budget variance analysis
against actual per project wise
* Assisting with annual budget preparation - revenue projections and forecasting of
expenditures
* Organize regular meeting with Project Managers to discuss project margin result and
highlight issues and gaps at each critical stage of the project to keep project on track in
terms of profitability and on budget
* Supervising a team of Accountants and provide overall guidance and technical support
* Oversee daily transactions for accounts payable and receivable, general ledger account
reconciliation, and validate and ensure timely submission of invoices to customers
* Ensure timely and accurate VAT filing of the group and VAT registration
* Assisting External Audit requirements for the interim and annual financial audit
* Lead, arrange, and review bank guarantee applications per client wise for submission to
the bank
* Develop and document business processes and accounting policies to maintain and
strengthen internal controls
* Liaise with Financial Controller to improve financial procedures and escalate issues for
proper action.
• Prepares weekly and month-end Management Reports
• Reconciling company’s bank statements and bookkeeping ledgers
• Implement the centralization of all disbursement requests in the system to appropriately monitor timing of payments and ensure that all payments are properly authorized and valid creditors/suppliers are paid on time.
• Invoicing clients as per work order and generate statements of accounts and meticulously validate VAT application to all our valued clients within or outside UAE.
• Review invoices for disbursement for accuracy and within contractual guidelines and dealt directly with vendors to resolve invoice discrepancies.
• Maintain petty cash fund on a day to day basis: safeguarding & reconciliation
Deliver insightful business analysis and prepare projected financial statements (income
statement, balance sheet, cash flow) to support the management team for business
strategy development.
* Challenges assumptions in building a plan and analyzes financial results including
income statement variances against budget and communicate financial result to
management.
* Meticulously review submitted annual budget per department and slashed
administrative costs to manage company’s desired inflation rate on annual expenditure
at 10% maximum.
* Attend primarily bank requirements in relation to company’s relevant information,
actual financial results, and projections for credit lines renewal and with team’s effort,
we sustain to have approved additional new credit lines of at least Php500M annually
for company’s additional working capital.
* Develop, maintain, and analyze budgets, preparing periodic reports that compares
budgeted costs to actual costs (variance analysis).
* Analyzes proposed plans and policies, as well as new programs, to determine costs and
projected profitability.
* Review of actual spending of capital expenditures against budget.
* Production of consolidated board presentations and group templates.
* Supervises the timely and competent analysis of budgets, cash flow, operating results,
and business plans to determine rates of return and cash flow requirements.
* Report preparation and consolidation (financial targets, revenue forecast and budget).
* Preparation and cascade the detailed planning timetable (within group deadlines).
Liaising with department heads to ensure that each department remains within the
budget.
Financial reporting, report analysis and develop procedures for efficient inventory
management and controls.
* Timely submission of reports and schedules.
* Inventory variance analysis and accounts reconciliation.
* Assist external audit requirement for interim and annual financial audit
* Lead and manages people; coach and mentor team members both technical and
behavioral KRAs.
* System implementation and Trained as Functional Expert for SAP- Material Management
Module and FinnOne - Loan Management System (LMS) and conduct trainings to all
Branch Accounting In-Charge.
* Identifies continuous improvement opportunity in quality and efficiency and supports
implementation efforts across the team.
* Facilitate the annual inventory physical count activity for all branches nationwide and
consolidate reported concerns for immediate action.
* Keep all the financial records and documents intact for external audit review
General accounts and bank reconciliation
* Payroll computation and ensure government mandatory remittances (taxes & employee
benefits) paid on time
* Process supplier’s invoice due for payment and handling petty cash, validates
disbursements and prepares detailed summary report for replenishment