Finance Analyst
Emirates National Oil Company (ENOC/EPPCO)
Total years of experience :17 years, 10 Months
Key Profile & Performances:
Control finance and accounts functions of ‘Aviation Fuelling’ and ‘Lubricants’ business segments of ENOC.
Extensive experience in Managing Value Added Tax (VAT) functions including transaction level analysis, filing monthly and quarterly returns, obtaining clarifications and filing reconsiderations and other communications with FTA, Refund claims, VAT litigations upto Court level, etc. Executing related system developments and controls. Act as a focal point for multiple business entities of Group for Taxation matters.
Monthly closure of books and finalisation of accounts, including accruals and capitalisation.
Budgeting, forecasting and performing comparative analysis of operational expenses.
Executing Economic Substance Regulation Reporting for multiple entities.
Coordinate with internal / external and government auditors.
Manage financial accounting and control functions, including accounts receivable and payable, internal controls, preparation of GL schedules, Opex analysis, reconciliations and presentation to senior management on key areas.
Streamlined various Intercompany, Bank, GL, Payroll and other reconciliations while resolving high volume of old aged open items at an entire business segment level comprising multiple entities.
Coordinate with business analyst on system improvements and developing new system processes and management reporting formats.
Work closely with IT and business teams for implementing financial controls.
Proven Track Record In:
Oversee monthly financial statement closings (MIS) and financial analysis.
Coordinate financial statement audits.
Monitor trade finance functions, prepare cash flow projections, ensure adequate cash balance and avoid unreasonable finance cost.
Develop and maintain banking and financing relationships.
Supervise accounts and finance team for general accounting, accounts receivable, payable, treasury and other accounts and finance functions.
Enhance and develop ERP system, controls and reports.
Manage multiple and diversified corporate accounts including project accounting.
Monitor HR related transactions.
Monitor logistics movements to prevent superfluous costs.
Oversee purchases of raw materials to ensure control over inventory movement and prices.
Key Profile:
Control UAE business region’s finance and accounts functions and manage accounts and finance subordinate staffs and report to Group CFO.
Prepare & present management accounts, perform financial analysis and variance analysis on monthly basis.
Monitor trade finance activities and project working capital requirements for smooth cash flow.
Ensure timely honouring of corporate liabilities by closely monitoring cash flows.
Supervise general accounting & finance operations inclusive of financial reporting, accounts receivable & payable management.
Liaise with banking institutions on Trade finance matters.
Coordinate with external auditors for concluding interim and annual audit.
Supervise payroll processing, leave salary, end of service benefits and other staff related accounts.
Works closely with operations team to prepare and implement financial controls for company.
Preparation & presentation of management accounts, performing financial analysis & coordinating with external auditors for concluding annual audit.
Oversee general accounting & finance operations inclusive of financial reporting, cash flow management, accounts receivable and payable and reconciliations.
Monitoring Trade Finance, negotiating documents on Letter of Credit and CAD terms, coordinating with banks for arranging bank guarantees both locally and internationally.
Liaising with banking institutions, internal operations, vendors for smooth and efficient functioning of the business.
Ensuring statutory compliances (tax & legal aspects) by the related company in Kenya.
Designing & implementing control systems & policies to facilitate financial controls.
Development & customization of ERP (Financial) system by interfacing closely with the IT department in order to get the desired reports.
Responsible to process monthly payroll for the group staff in accordance with UAE Wages Protection System as set by the Ministry of Labour.
Key Profile:
Assessing risk involved in the insurance product.
Evaluate premium of the product following underwriting guidelines as set by the Company.
Verify the appropriateness of data in the policy document to ensure error free corporate policy issued to the customer.
Follow the business process management system of the company.
Guide & train sales & marketing staff on different insurance products.
Key Profile:
Statutory compliances like Service Tax, FBT, VAT, CST, TDS etc.
General accounting & finance functions inclusive of financial reporting, cash flow management and reconciliations.
Preparation of budgets of statutory liabilities.
Preparation and presentation of management accounts and co-ordinating with Auditors.
3 years of Articleship training under the Institute's curriculum. First attempt qualified CA.
Bachelore of Commerce, regular college from the year 2001-2004