A detail-oriented Financial controller with over 15 years of experience and extensive understanding of market trends in addition to in-depth knowledge of statutory legislation and regulations; Possess high numeracy, strong communication, analytical and presentation skills. Reduced cost by 45% and increased ROI by 50%
· Managed and led a team of 24 Financial Assistants and Accountants ensuring that all monthly and annual reports are produced accurately and timely. Designed a framework to meet deadlines.
· Conducted regular reviews and evaluations for cost-reduction opportunities, thereby bringing down annual cost by 25%
· Administered outside contract services for tax preparation, auditing, banking, investments, and other financial needs as necessary; Prepared and presented financial reports to board members, stakeholders, executives, and clients
· Developed methods to minimize financial risk to the company as well as analyzed financial reports and market trends; Provided insightful information to executives to assist them in critical decision making
· Established and maintained financial policies and procedures for the company; adhered to financial regulations and legislation.
· Administratively and operationally responsible for all receivable Operations.
· Review of Credit Application for induction of new customers or increase the credit limit.
· Evaluate Credit worthiness of current and new customers based on analysis of available
· Information to establish.
· Recommends cancellation of credit facilities to hotel users based on payment record.
· Organize and coordinate effective means of collection within policies established credit policies and procedures through extensive telephone, written and personal communications.
· Providing and interpreting financial information;
· Monitoring and interpreting cash flows and predicting future trends.
· Analyzing change and advising accordingly;
· Formulating strategic and long-term business plans;
· Researching and reporting on factors influencing business performance;
· Conducting reviews and evaluations for cost-reduction opportunities.
· Managing a company\'s financial accounting, monitoring and reporting systems;
· Liaising with auditors to ensure annual monitoring is carried out;
· Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the Inland Revenue;
· Producing accurate financial reports to specific deadlines;
· Managing budgets
· Administratively and operationally responsible for all Accounts receivable.
· Maintain exceptional customer satisfaction while meeting departmental revenue goals.
· Review of Credit Application for induction of new customers or increase the credit limit.
· Evaluate Credit worthiness of current and new customers based on analysis of available
· Information to establish.
· Reconcile Credit Card transactions, responsible for daily closing of batch of credit card sale terminal.
· Machine and ensure their timely collection.
· Recommends cancellation of credit facilities to hotel users based on payment record.
· Organize and coordinate effective means of collection within policies established credit policies and procedures through extensive telephone, written and personal communications.
· Balance daily transfer to ledger and post, edit and update to accounts receivable system.
· Demonstrate co-operation and trust with colleagues, teams and across departments.
· Credit monitoring and extensions.
· Exchange of office correspondence.
· Preparation of Aged Trail Balance and Days Credit Sale Outstanding (DCSO) on monthly basis.