Samson Abate Email & Phone Number

Addis Ababa, Ethiopia

• Manage all financial and administrative activities in the country in accordance with the corporate Financial policies of the company and local legislation. • Provide critical financial appraisals and inputs with respect to the country so that (a) country management can take decisions with full knowledge and awareness of financial implications and (b) HO/Regional Office (RFO) can exercise effective financial control over country activities.• Ensured timely and accurate recording,… Show more • Manage all financial and administrative activities in the country in accordance with the corporate Financial policies of the company and local legislation. • Provide critical financial appraisals and inputs with respect to the country so that (a) country management can take decisions with full knowledge and awareness of financial implications and (b) HO/Regional Office (RFO) can exercise effective financial control over country activities.• Ensured timely and accurate recording, preparation and submission of periodic financial reports/returns/summaries etc. to enable the station transactions to be systematically recorded in the Company’s main accounting and reporting systems at HO/ RFO. Proactively seek areas of improvement either in processes or technology which not only benefit the local station but positively impact the entire network.• Prepared budget forecasts and estimates for annual and quarterly action plans, project proposals and other related documents, which involve financial forecasting, budgeting and accounts control for the station and provide monthly exception reports.• Ensured to provide all the relevant details to in case of internal /external audit is conducted either at station or at head office; Manage tax department request by replying appropriatly in case of audit by government departments.• Take a lead role to ensure compliance and adherence to QR by providing Commercial team the required guidance on policies and procedures.• Handling Annual Taxation, Monthly VAT & WHT, Annual Corporate Income Tax & Filing.• Payroll processing in accordance with QR and statutory requirements.• Oversee the routine operation of the finance cell. Ensure that all targets dates are met with timely submission of reports to Head Office.• Provide business support to commercial and airport requiring financial assistance.• Guide Financial Decisions by establishing, monitoring and enforcing policies and procedures. Show less

Addis

• Ensured accurate Accounting of all AR/AP/GL transactions, review full finance work ,direct operating costs(DOC) and non- Doc Accruals, provisions, prepayments, prepaid, payroll expenses are accounted correctly and controlled on micro level • Reviewed & rectified all accounting documents with correct allocations in timely manner before month end closing. Accuracy for accruals.• Prepared budget forecasts and estimates for annual and quarterly action plans ,project proposals and other… Show more • Ensured accurate Accounting of all AR/AP/GL transactions, review full finance work ,direct operating costs(DOC) and non- Doc Accruals, provisions, prepayments, prepaid, payroll expenses are accounted correctly and controlled on micro level • Reviewed & rectified all accounting documents with correct allocations in timely manner before month end closing. Accuracy for accruals.• Prepared budget forecasts and estimates for annual and quarterly action plans ,project proposals and other related documents, which involve financial forecasting ,budgeting and accounts .Control budget for the station and give monthly exception reports• Plan ahead, meet and discuss with budget holders and prepare budget and forecast for all cost centers , Reviewing monthly cost center report & develop action plan for variances to monitor the cost.• Prepared daily, weekly and monthly analysis reports including but not limited to; Cash flow analysis & forecast which analyzes cash inflows & outflows & predicts cash need of the station, calanderised report analysis which explain & justifies about expense variances of current month with prior months, GL schedules Analysis which shows analysis of balance sheet accounts specially accrual & deferrals, cost center analysis report which is a justification of actual cost variances with the budget.• Supported business, review cost benefit analysis for any proposal, CMC, PO, contracts, early warning reports, safeguard QR interest by reading all legal documents which require finance action. Defend chargebacks that arise from credit card sales and analyze the fraud risk.• Ensured the effective application of the established internal control systems in sales & purchasing procedures and in all financial activities, to avoid inefficiency and wastefulness of resources• Ensured tax payables are made on monthly basis including VAT declarations. Show less

Addis Ababa

• Prepared an analysis on operational performance of the company for concerned stakeholders for decision making.• Calculated periodic profit and loss associated with the production of a company’s product which is route profitability. • Prepares a discrepancy report. In case of discrepancies, search and correct for data inconsistencies until financial results and cost accounting results coincide.• Developing and executing scenario calculations and forecasts through financial… Show more • Prepared an analysis on operational performance of the company for concerned stakeholders for decision making.• Calculated periodic profit and loss associated with the production of a company’s product which is route profitability. • Prepares a discrepancy report. In case of discrepancies, search and correct for data inconsistencies until financial results and cost accounting results coincide.• Developing and executing scenario calculations and forecasts through financial modelling for cost object which could be aircraft, route or station operational performance.• Prepared an analysis report on operational performance of route profitability calculations on historic, forecasted (planned flights), current period cost objects.• Analyzed and interpret periodic operational performance of cost objects specially rout profitability reports. • Assessed period costs and revenues at account level by verifying that all data; revenues and expenses, has been transferred correctly from other systems in to the cost accounting system. Show less

Addis Ababa

Employed as Accountant and later promoted to Financial AnalystMajor duties were:• Process and prepare checks for all types of payments including for services, contracts, purchases, medical bills, insurance and salary payments.• Process sales reports; reconciliation of bank statements; follows-up bank statement from the area and updates customer statement of accounts.• Process the bank reconciliation of the bank accounts and take appropriate accounting action for bank… Show more Employed as Accountant and later promoted to Financial AnalystMajor duties were:• Process and prepare checks for all types of payments including for services, contracts, purchases, medical bills, insurance and salary payments.• Process sales reports; reconciliation of bank statements; follows-up bank statement from the area and updates customer statement of accounts.• Process the bank reconciliation of the bank accounts and take appropriate accounting action for bank charge, interest charge, interest income, and fund transfer from one account to the other.• Maintains proper filling for uncollected debts based on their ages and other records of transactions, controls sub-ledgers and analysis of accounts.• Ensures that all transactions are recorded in the sub-ledgers accurately and maintained per accounting procedure.• Assist the financial accounting department to provide financial report timely through team work and coordination. Show less

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