Assistant Manager Finance at UNIESTATE
UNIESTATE
Total years of experience :18 years, 10 Months
Identify needs of requirements of Finance at all levels of Organization.
Budgeting, Forecasting, Cost & Credit Control, Costing & Profitability Analysis and Management Reporting
Responsible for providing financial advice and support to management to enable them to make sound business decisions
Develop a reliable cash flow projection process and reporting mechanism which includes
minimum cash threshold to meet operating needs of the agency and ensures timely invoicing to
the clients and payments to outside vendors
To ensure timely and accurate financial/management reports are furnished for management.
Developing financial management mechanisms that minimize financial risk
Ensure that sufficient funds are available to meet ongoing operational and capital investment
requirements
Preparation and appraisal of working capital proposal and Fixing up arrangements of working
capital
Ensure that Bad debts on working capital reduced by making more rigorous credit checks on
new and old customers and managing credit limits more carefully
Working Capital Management, finding out the best utilization of entity funds
Reviews corporate operating data and determines liquidity levels, ensuring that a company's
economic capital, or cash reserve, is adequate for short-term need
Analysis of monthly financial statements and monthly working capital requirement.
Analyze and supervise about Suppliers' Credit and Buyers' Credit on daily basis.
Follow up on the collections and recovery procedures to minimize the risk of Bad debts and
maintaining adequate levels of collection amounts.
Liasoning with Officials of Banks form maintaining and updating on current loan facilities
obtained from the Banks.
Preparing proposals for Bank for new financing arrangements to be obtained from financial
institutions.
Implementing current company procedures as per ISO 9001:2008 and propose changes as per
needs after evaluations. Drafting new procedures as per approval and instructions laid down by
management.
Responsible for maintaining the accounting records for the Company. This includes preparation
of financials and management reports.
To supervise and maintain an efficient financial accounting function
Planned assignments to execute them in effective and efficient manner by assessing systems to
evaluate risks involved at business, financial and operational levels including making
recommendations for improvement in Accounting and Internal Control Systems.
Selection of areas for internal audits and over all audit planning, executions of audit, supervising
teams and timely preparation of deliverables in accordance with IFRS and local statute
Ongoing review and evaluation of existing internal controls, preparing flowcharts and updating
internal audit programs
Ensure that Stores/ Materials accounting & financial statements are prepared in compliance
with the statutory requirements Regular (monthly or quarterly) stock checking to avoid holding of unnecessary levels.
Ensure that cash-focused management happening to use key performance indicators (KPIs) on
working capital all the way down the business to operational level
Working Capital Management, finding out the best utilization of entity funds
Assist CEO in formulation of various systems, policies, procedures, commensurate with the need
of the company
Verification of day to day expenses
Finalization of accounts, centralized & branch accounting at month ends
Monitor and evaluate subordinates’ performance and workloads, reassigning priorities as
needed
Designing, evaluating and implementing a complete ERP system and software and laid down
instructions and guidance to the users of the system for fast and effective results
Understanding user needs and requirements by critically reviewing the system and developing
strategy accordingly.
Comparing user needs and requirements with already developed company products and
proposed changes if needed.
Develop tactical and strategic business plans and implement them.
Approve project specific deployment and implementation strategies.
Define approaches and constraints on vendor management strategies.
Approve project schedules and scope changes.
Direct software applications development activities.
Scope and estimate development efforts on product requirements.
Monitor and evaluate subordinates’ performance and workloads, reassigning priorities as
needed
working closely with other staff, such as project managers, designers, programmers, and sales
and marketing professionals;
prioritizing projects and ensuring commitments are met while providing high quality and cost
effective systems that meet customers' expectations.
Directing all initiatives and ensuring that staff remains focused on customer expectations and
satisfaction.
assisting Operations team in the Monthly Operations Review, identification of areas for cost
reductions and operational improvements, monthly budget process, periodic forecasting, and
periodic analysis of operations performance.
Monitor and analyse accounting data and produce financial reports/statements.
Establish and enforce proper accounting methods, policies and principles.
Assign projects and direct staff to ensure compliance and accuracy
Meet financial accounting objectives.
Establish and maintain fiscal files and records to document transactions
A. FINANCE
B. ACCOUNTS AND AUDIT
C. TAXATION
D. BANKING AND WORKING CAPITAL
E. CORPORATE PLANNING AND SYSTEM
F. HUMAN RESOURCES MANAGEMENT
G. DAILY OPERATIONAL ACTIVITIES
Teaching:
Accounting in business
Financial Accounting
Business Taxation
Association of certified chartered accountants UK has total 14 papers based on foundation and professional module