Senior Finance Analyst
Ooredoo Qatar
Total years of experience :16 years, 7 Months
Reporting to Finance Director, Supervising a team of Nine staff.
Responsible for financial and management functions including the review of systems of internal controls and financial procedures and providing advice to the business units on all financial matters
Manage the accounting system including accounts payable, accounts receivable, general ledger, project costing, inventory, cash flow projection, credit and corrections to contribute to overall financial and performance results. Ensure compliance with corporate, local statutory requirement through appropriate record keeping
Prepare and analyze monthly financial results, quarterly forecasts, performance review and annual budget, year end reporting and complete the reporting requirements to the parent company (Oredoo Qatar)
Perform detailed account analysis, corporate month-end processing and reporting, Review the monthly Business Activity Statements and review all monthly balance sheet reconciliations
Payroll admin and Liaise with bankers, Insurance companies, Internal Auditors, External Auditors, legal consultants and statutory bodies.
Reporting to Finance Director, Supervising a team of two staff.
•Manage all financial accounting activities for QMDI including, but not limited to, develop and implement accounting policies and procedures at QMDI aligned with international standards and in compliance with the local regulations, prepare the financial statements and oversee the recording of financial transactions.
•Oversee daily accounting activities, including accounts payables and accounts receivables and provide guidance and advice on resolving complex accounting issues. Supervise, direct, and review the work of the accounting staff (including, but not limited to cash reconciliations, payment runs, fixed assets activity, payroll, debt activity, recording of revenue and expenses etc.)
•Gather working capital requirement forecasts from the operations team and the management, forecast shortfalls based on projected payable and receivable amounts and ensure appropriate and adequate measures are taken to meet this requirement.
•Ensure that all the supportings pertaining to accounting transactions are maintained in an accurate manner to meet regulatory and QMDI requirements.
•Oversee the preparation of QMDI’s financial statements on timely basis, ensure that statements comply with the international regulations and standards.
•Supervise the timely submission of financial statements to relevant authorities internally and externally. Provide explanations and supporting information for any clarifications, if required.
•Liaise and coordinate with both internal and external auditors for periodic review of financial records and documents.
•Maintain and develop strong relationship with Banks and other financial institutions. Negotiate with such institutions to obtain value services for the company, wherever possible.
•Work with the Head of Financial Reporting to review and update the Chart of Accounts based on business requirements and reporting structure.
•Identify, implement and monitor opportunities for systems / processes / practices improvements with respect to QMDI’s accounting function and internal control.
•Manage and mentor subordinates in the team and ensure that all people management activities like performance management, grievance handling, leave management and approvals, etc are performed accurately and on time.
•Perform any other ad-hoc duties relevant to the role as assigned by the QMDI Finance Director as per the business requirements.
Achievements
•Amended the existing policies and procedures to be more practical and successfully implemented to comply with international standards and in compliance with the local regulations
•Member of the team developed more accurate pricing policy and event budget templates.
•Amended the existing account reconciliation process with the modified accurate excel templates and supporting documents.
•Actively participated for successful implementation and to have accurate records in all the finance and accounting related tasks from the initial stage to final payment collection stage in all the events
•Consistently met deadlines while demonstrating strong analytical skills.
Reporting to Divisional Finance Manager & General Accounting Manager at Corporate Office, Supervising a team of two staff.
• Securitise the general ledger, financial statements and management accounts.
• Maintain the accounting controls by recommending new and changes to existing policies & procedures.
• Responsible for reconciling intercompany goods movement from Central Processing plant (CPP) & western bakery plant to other GCC locations and identify the month end GIT.
• Prepare monthly Intercompany reconciliations and confirm the balances with subsidiaries for intercompany settlements to comply with company and statutory requirements.
• Responsible for preparing monthly & quarterly consolidated stock balances and balances by division for segmental reporting and auditing.
• Analyse the monthly foreign currency balances and identify the exchange gain / loss.
• Ensure accurate and timely month-end closing tasks include, accounts analysis, reconciliations, journal entries, actual to forecast variance analysis, and preparation of various internal reports.
• Complies with external auditors requirements to prepare audit files and schedules. And complies with internal audit requirements.
Reporting to the Finance Manager & the Regional Manager and responsible for GL transactions, Internal Controls and various finance & management reports.
• Securitize GL and preparation of monthly financial and management accounts
• Preparations of profitability & performance reports on a monthly basis and review the result with senior management
• Preparation of monthly meeting presentation with detailed analysis of performance and participate to decide course of action plan for further improvement in performance
• Ensure accurate and timely capture of information from various systems for reporting purposes and providing business critical information to senior management for decision making
• Maintaining accrual/prepayment shedules, preparation of journal vouchers and accounts finalization including bank reconciliations
• Coordinating and following up with suppliers for payment, timely arrival and recording of shipments
• Managing all bank relations on a daily basis and liaising with external auditors at year end
• Coordinating and following up with insurance brokers regarding all type of insurance matters
• Fixed Assets Accounting and maintenance of FA registrar
• Processing all payroll related transactions for staff
Reporting to the Audit Manager and Audit Partner
• Direct advising to the clients on accounting, financial reporting and regulatory matters including troubleshooting of issues regarding: International Accounting Standards and Sri Lanka Accounting Standards
• Effective participation in the areas including the Audit strategies, Risk Assessment, Audit Approach Plan, Internal Control & Fraud Considerations, Summary Review, Audit Differences, Deviations from Generally Accepted Accounting Principles, Assessing Control Environment, Wrap up events, Income Tax compliance.
• Supervision and Preparation of Financial Statements according to SLASs and compared to the clients’ preparation.
• Documentation of working as per the company standard after confirming the completeness.