Categories: All - insurance - recruitment - audit - tax

by Phil Elliott 2 years ago

125

FINANCE

The responsibilities and activities of the Accounts Team encompass several key areas including finance management, audit requirements, and regulatory compliance. Notable tasks include the review of economic substance regulations, the renewal of office leases, and the handling of liquidation processes.

FINANCE

FINANCE

Roles/Responsibilities of Team
matrix weekly/monthly
starts as Finance Manager
04.01.22

Review all Leases

CLL Oman liquidation

Review all Cost/Fee rates and mulipliers

Adrian

Last working day in office
30.12.21
Remove from bank mandates
matrix of roles and responsibilities of Accounts Team

Emerhub

Replace
Status

D3 office lease renewal

IFRS standards

IFRS 16
IFRS 9

Review all AP/AR

Sharjah sticky debts
KSA debtors list
Green Riyadh
Rosa/RLB/SDC
Zarina

Audit

Year end provisions
CLL & Partners
Do we need to do an audit
EY confirmation
CLD/CLI
Adrian advised

Recruit new Finance Manager

Rahul
offer made/start date 10.01.22
Cooper
Agencies

Legal proceeding in Serbia

Lawyers
Arhi.Pro
Fraud/non-payment

Budget 2022

Full review

Insurance companies

Medical insurance
MetLife
PII
renewed 31.12.21 AIG
Other offices
Employers Liability All Risks Workman's Comp others

P&L for each office

Shenzhen
Abu Dhabi
London

Qatar Tax matter

EY WHT
Chase up

ESR (Economic substance regulation)

KSA set up

Hammad & Al Medhar
EY