ELIZABETH FERRER

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Accounting and Finance Executive • Prepare, examine, analyse accounting records, financial statements, and other financial reports. • Develop; implement document record keeping and accounting systems using computers. • Monitor all general ledgers accounts together with costing efforts and its supporting transaction documents. Report to management regarding the finances of establishment. • Reconcile bank statements and all general ledgers accounts with cost and its supporting documents. Handle income tax calculation and declarations preparation. • Monitor cash flow and costing. Liaise with banks and company auditors. • Take care of accounts receivable follow up, prepare cash flow statements, customer-vendor reconciliation statements & prepare MIS, final accounts such as Profit & Loss Account and balance-sheet. Generate different reports, assist auditors and report to the management. • Handle payments, attend payment enquiries, handle suppliers, and maintain books of accounts. • Develop and install effective job cost system which leads to major improvement in pricing. • Draw management’s attention or recognises operations which are unprofitable. • Manage and control petty cash fund of the company. • Establish table of accounts and post entries into proper books of accounts. • Responsible for all tax remittances as well as L/C & L/G facilities agreement. • Oversee accounting, treasury, cash management, tax, forecast, closing, financial records, and 17 staff for 20M AED revenue. • Direct budget, payroll, general ledger reconciliation, insurance, management information systems, and month-end close. • Calculate and track accruals, revenue recognition, variance analysis, expenses, and prepare and present financial reports. • Analyze complex financial data to measure profitability, performance, and cash flow; present findings to senior executives. • Ensure compliance with internal policies, regulatory, legal, and accounting standards by applying strong internal controls. • Create internal controls, risk management, and compliance policies that follow UAE accounting regulations. • Manage billing, purchase orders, invoices to the client, payment processing, and transaction entry into the general ledger. • Enter and audit deposits, disbursements, transfers, and other transactions into financial journals. • Improve prices and profitability by creating and installing an impactful job costing system. • Manage all tax remittances, letters of credit, and letters of guarantee facilities agreement. • Prepare budget, accounts payable, accounts receivables, expenses, and other financial reports. • Direct financial and non-financial KPI metric analysis, capital ROI, NPV, IRR, cash flow forecasts, and other models. • Ensure conformity with Value Added Tax (VAT) for all transactions. • Oversee Economic Substance Regulation (ESR) compliance requiring onshore companies to maintain and demonstrate an adequate economic presence in the UAE. • Manage Ultimate Beneficial Ownership (UBO) compliance ensuring financial transparency and details of company beneficial owners such as shareholders and nominee directors. • Customize accounting software to company needs and advise on human resources and labor laws. • Utilize Advanced Excel, including VLOOKUP, macros, conditional formatting. • Manage and supervise all financial accounting, controlling and reporting activities of the relevant business. Identify and introduce more efficient finance processes. • Develop financial planning process and systems, including the introduction of quarterly forecasting as well as development of new and improvement of existing processes and procedures. • Analyse financial results and provide the management with a clear understanding of the financial performance and the financial effects / implications of business plans and strategies. • Proactively identify deviations and establish action plans to take corrective actions when required. • Provide economic analysis on all matters of potential financial impact for the relevant business, particularly in costing, customer / product lines evaluation and capital addition. • Responsible for company overhead, capital expenditure and payroll cost accounting, budgeting and analysis. Control of cash flow and investment of surplus funds. • Implement and maintain company’s budgeting, business planning and reporting policies / practices. • Ensure that good internal controls are in place that reduces the risk of fraud. • Conduct research in the factors influencing business performance. • Provide advice and support to clients to enable them makes sound business decisions. KEY RESPONSIBILITIES Financial Leadership and Strategy • Provides comprehensive financial leadership across the organization, taking responsibility for all cash management, investments, • Ensure budgeting, and financial reporting functions. Develop and implement the company's financial strategy In alignment with overall business objectives and growth plans. Capital Structure Management: • Oversee the company's capital structure and funding strategy, including debt and equity financing decisions. Managing relationships with banks, investors, and other financial partners. • Responsible for optimizing the cost of capital while ensuring adequate liquidity to support business operations and growth initiatives. Mergers and Acquisitions: • Lead financial due diligence, valuation, and integration planning for potential mergers, acquisitions, and strategic partnerships. Financial Operations and Controls • Financial Reporting and Compliance: Ensure accurate, timely, and comprehensive financial reporting in accordance with Generally Accepted Accounting Principles (GAAP) and all applicable regulatory requirements. Overseeing the preparation of monthly, quarterly, and annual financial statements, as well as managing relationships with external auditors and regulatory bodies Budgeting and Forecasting: • Coordinate the development of annual operating budgets, capital expenditure plans, and rolling forecasts . Work with department heads across the organization to establish realistic financial targets and monitor performance against these objectives. Implementing robust variance analysis and corrective action planning when performance deviates from expectations. Cash Flow Management: • Maintain optimal cash flow through sophisticated forecasting, working capital management, and liquidity planning. Implement systems and processes to monitor cash positions in real-time and make proactive decisions to maintain healthy liquidity levels while maximizing returns on excess cash. Internal Controls and Risk Management: • Develop and maintain comprehensive internal control systems to safeguard company assets and ensure the integrity of financial information. This includes implementing risk management frameworks, conducting regular control assessments.