Daniel Prince
Dubai
Summary
Commercially driven accountant with strong business partnering knowledge, with a proven track record of increasing margins through improved communication across a business along with extensive and thorough analysis. Extensive experience in high volume transactional accounting, with an advanced skill set in Excel and a passion for creating and maintaining robust and informative financial reporting models.
Overview
21
21
years of professional experience
Work history
Group Accounting Manager
Armeton International DMCC
Dubai
10.2024 - Current
- Led financial reporting processes to ensure accuracy and compliance with regulations.
- Managed team of accountants to enhance productivity and streamline accounting operations.
- Collaborated with senior management to align financial strategies with overall business objectives.
- Reviewed financial statements and provided insights for strategic decision-making and planning.
- Mentored junior staff on best practices in accounting principles and financial analysis.
- Streamlined reporting processes, resulting in efficient month-end closing.
Finance Manager
No Grey Area Lighting Equipment Trading LLC
Dubai, U.A.E
10.2022 - 08.2024
- Producing monthly P&L and Balance Sheet with budget variance analysis.
- Designed, created and successfully implemented a new finance and operational performance report from scratch.
- Ensured that financial processes are robust, efficient and effective, implementing improvements where necessary.
- Monthly accrual and prepayment journal posting.
- Monthly project update meetings with subsequent adjustments to the accounts where necessary to align with performance.
- Managed relationships with external auditors and tax advisors.
- Led finance team of three.
- Monthly performance meeting to assist budget holders to understand financial results.
- Challenged and supported management team to implement strategic cost control initiatives across the business.
- Implemented a new CRM and stock management system.
- Monthly WPS payroll processing.
- Quarterly VAT returns.
Finance Business Partner
Gov Facility Services Ltd
Westminster, London
06.2020 - 07.2022
- New company startup - First Finance Business Partner to be employed by the company.
- Lead Business Partner on monthly/annual report consolidation between 4 area cost centres consisting of 46 sites. Involved reviewing with area Finance Business Partners to ensure accuracy.
- Monthly analysis of costs, posting of any accruals and prepayments required to bring ledger in line with on site performance.
- Management, reporting and analysis of complex and business critical cash flow models.
- Provide analysis and delivering insight to assist budget holders in understanding financial results.
- Building bespoke reporting tools, delivering to the point information to non-financial management.
- Major achievement - Introduced a synergy between clusters to pool on call staff between closely located sites as opposed to individual site on call teams. £500k+ p/a saving company wide.
Deputy Commercial Manager
Bouygues Energies & Services FM (UK)
City of Westminster, London
05.2015 - 06.2020
- Lead commercial representative for 4 key PFI contracts across London/North region ensuring all contractual reporting obligations are met in a timely and accurate manner.
- Lead a team of 5 part-qualified finance professionals, spread across 4 sites, and review their output.
- Responsible for the production and management of timely/accurate/compliant monthly financial results (P&L and balance sheet), for each of the service lines within scope. Manage the forecasting exercises (budget and re-forecasts).
- Contract compliance - Understanding each contract and ensuring compliance through KPI reporting, Monthly performance meetings to assess and mitigate against any risks to compliance and any possible financial penalties.
- Mobilise new contracts, develop and implement bespoke informative reporting structures for operational and wider team.
- Cost analysis benchmarking – Project lead a team to benchmark costs against all sites across the company and provide commentary and recommendations to further reduce costs where overspend has been identified.
- Input into new bids to assist with tender processes when required.
- Evaluate and improve where necessary, current reporting pack/structures. Design and introduce new reports where I feel necessary to add value to the existing business with a focus on cost analysis and reduction.
- Increased productivity across my contracts by over 200% after introduction of PDAs, reducing headcount required and associated payroll costs in the process. Proposal involved producing an capital expenditure request which was presented to senior management, resulting in £120k investment.
Finance Manager
Right Track Group UK Ltd
Horsham, West Sussex
07.2013 - 04.2015
- Preparing meaningful, accurate and timely monthly management report.
- Monthly reporting to the CEO: P&L, balance sheet and bank account reconciliations
- Oversee the management of Accounts Payable (2 x staff) and expenses reimbursement function to ensure all invoices/expenses are processed and paid efficiently within an agreed timescale
- Overseeing the payroll process including employee expense claims and credit card payments
- Ensure the creditors/debtors ledgers are well maintained and regularly reviewed to ensure long outstanding issues are monitored and dealt with
- Responsible for preparing and posting journals
- Implementing improvements in financial processes.
- Co-hosting weekly sales meetings along with the Operations Director
Assistant Accountant
Kurt Geiger
Bermondsey, London
11.2008 - 06.2013
- Weekly till/credit card reconciliations and investigations into missing cash/payments
- P&L & BS Adjustments where neccesary.
- Reconciling GBP (Value of £10m per month), USD and Euro bank accounts on a weekly basis
- Analysis of monthly cost centre reports
- Balance Sheet reconciliations – Concession groups – responsible for 6 stores including House of Fraser, Selfridges and Harrods
- Monthly turnover statements for lease agreements analysing net sales, number of transactions, cumulative turnover
- Management of chargeback process for all stores and e-commerce transactions
- Month end journals – Accruals/prepayments, adjustments for concession fees
Banking Assistant
Millennium Hotels and Resorts
Horley, Surrey
09.2004 - 09.2008
- Reporting to Financial Operations Manager
- Reconcile 9 UK Hotel Bank Accounts and Credit Cards
- Reconcile 3 Foreign Bank Accounts
- Responsible for the control of 2 Key Supplier Accounts
- Processing circa 400/500 invoices per week
- Daily Input of Purchase order and Non Purchase order invoices for hotels
Skills
- MS Excel (Sumifs, pivots, look ups) - Advanced
- MS Word - Advanced
- MS PowerPoint
- Sun Systems
- Great Plains
- SAP
- Xero
- Prospect365/Unleashed
- QuickBooks
- Zoho Books
Timeline
Group Accounting Manager
Armeton International DMCC
10.2024 - Current
Finance Manager
No Grey Area Lighting Equipment Trading LLC
10.2022 - 08.2024
Finance Business Partner
Gov Facility Services Ltd
06.2020 - 07.2022
Deputy Commercial Manager
Bouygues Energies & Services FM (UK)
05.2015 - 06.2020
Finance Manager
Right Track Group UK Ltd
07.2013 - 04.2015
Assistant Accountant
Kurt Geiger
11.2008 - 06.2013
Banking Assistant
Millennium Hotels and Resorts
09.2004 - 09.2008