Assistant Finance Manager
Current- Handling the accounts receivables and payables team for all operating regions – UAE and KSA.- Reviewing all monthly entries of the team to ensure accuracy.- Monthly revenue reconciliation of all accounts, contracts and business units with forecast.- Weekly debtor reports to keep track of all pending receivables and avoid any defaults – consisting of daily/weekly client communication and chasing to avoid any major delays of payments.- Trend analysis from previous financial records, together with monthly catchups with the various team leaders to gain an understanding of current business performance and potential future business to assist in forecasting and budgeting.- Review of all banking relations and ensure smooth operation as required.- Analysis of overall business performance of each business unit (PR/Social/Digital/Creative), and review with the team leaders to identify areas of improvement.- Monthly, Quarterly & Yearly reporting – consisting of Bank reconciliations, Petty cash reconciliations, Fixed Assets, Accrued Liabilities, VAT filing and reporting, Media spend, 3rd party costs, Profitability.- Setting billing procedures and issuing invoices/credit notes based on the client contractual agreements such as Monthly retainers, Quarterly retainers, One-off Project/PO based.- Reconciling revenue and costs monthly and working on VAT returns on a quarterly basis.- Tracking of all new/existing contracts and alerting team leaders of any contracts which are near expiry and are due for potential renewal.- Reviewing all clauses in contract documents sent by BU and highlighting any changes required.- Assisting in Audit processes – resolving queries and providing for any reports/documents required by the external audit team.- Supporting admin in any other matters involving finance such as license renewals, rentagreements review, any other contract reviews, NDA sign offs, etc – both in UAE andKSA.
