Outsourced Financial services

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OUR PARTNERS

We are here to handle all your headaches with regards to your financial management, Accounting, Auditing, Corporate strategy, Taxation and Risk management.

ANALYTIQ

AnalytIQ” is the brand name AnalytIQ Financial Services, UAE, established in 2020, firm of experienced Chartered Accountants having more than two decades of experience in handling and managing Accounting, Corporate strategy, Taxation and Risk management areas.

Organization has formally joined hands to establish and provide long term solutions to various organizations in GCC. Having vast area of knowledge and experience, the firm is committed to provide personalized services through the medium of outsourcing of book keeping, taxation, process designing and improving using latest technological solutions and artificial intelligence (AI).

SERVICES PROVIDED

Financial Compliance Management
- Financial Records Keeping
  - Statutory Financial Statements preparation
  - Monthly management reports Preparation and Analysis
  - Receivable and Payable Management
  - Liquidity and Cash flow Management
- Processes & Internal Controls Set Up
  - Setting up of organizational management hierarchy
  - Design Procurement Process and Approval matrix
  - Setting up of internal audit/control process
  - Management of board meeting and subsequent actions
  - Defining individual ownership and accountability
- Systems Implementation
  - Budgetary control system
  - Periodical reporting system
  - Daily Dashboard reporting
  - Banking set up – auto reconciliation
- Statutory Compliance
  - Keeping records for VAT return filing
  - Conduct periodical audit and advise improvements
  - Liaising with Banks and Financial institutions
  - Covenant adherence review

Asset and Risk Management
- Portfolio Management – Investment Advisory
  - Reviewing & develop personal and business investment plans
  - Strategically aligning tax, planning, and investment needs
  - Insurance advisory – personal and other insurance
  - Tax management – Personal Tax return filing
- Risk Management
  - Analysis of financial and operational risks
  - Periodical review of identified risks with stakeholders
  - Preparation of mitigation plan with timelines
- Working Capital and Cashflow Management
  - Working capital investment analysis
  - Guiding optimum level of inventory, debtors and creditors
  - Periodical Cashflow management
- Business Valuation
  - Valuation based on EBITDA multiples and DCF
  - Preparation of project plan for Bank and financial institutions
  - Liaison for business sale & purchase agreements

Virtual CFO Services
- Strategic Business Partnering
  - Define clear vision for an organization
  - SWOT analysis
  - Introduction short/medium term business plan
  - Driving the “Turnaround plan”
- Controllership
  - Implementation of Budgetary Control systems
  - Goals for Revenue & Margins
  - Optimization of all cost pools
  - Liquidity and working capital optimization
- Operational Model
  - Implementation of operating system with internal controls
  - Process mapping, testing and execution
  - Monthly Financial statements analysis
  - Working capital and liquidity management
  - Attending Monthly management meeting
- Organizational Transformation
  - Strategies for “turnaround” with timelines
  - Identification of “loss leaders – diluters”
  - Optimization targets – cost & revenue
  - Review structural requirements and suggest realignment

AFFINIAX PARTNERS

Affiniax is a UAE based group of companies with a Pan Emirates presence with over 25 years’ experience in the region.

The Affiniax team are experienced accounting and business advisory professionals with extensive experience in the UAE and Global markets whilst being early adopters and drivers of change in a rapidly evolving modern market. Appreciating the changes being brought by the effect of evolving technology and having the agility to adapt and adopt modern tools and practices, they ensure the businesses they work with are able to maximise their potential for profit and growth.

The Affiniax approach is to work in collaboration with you as your advisor to provide real value. By understanding your goals and vision they are able to apply their unique insights and expertise to help you achieve them.

PROGRESSION THROUGH BALANCE

Affiniax listens to you and understands your concerns and challenges and proactively seeks to offer the best advice and solutions. These are tailored specifically for you by combining a logical objective approach with subjective intuition gleaned from years of practical experience.

Affiniax embraces change as progress and takes responsibility for adapting as well as driving it.

WHY CHOOSE

Affiniax offers outstanding professional expertise with a local team of over 70 multi-national advisors who focus on delivering absolute value to your business. The combination of exceptional personalised service and the technical savvy to adopt and develop new tools and methods makes Affiniax a formidable partner.

SERVICES PROVIDED

Accounting and bookkeeping
- Outsourced Bookkeeping Service
- Deputed Accountant
- Outsourced Finance Manager
- Outsourced CFO Services
- Payroll Services

Audit and Insurance
- Statutory audit and review of financial statements
- Compliation of financial records and financial statements
- Assurance services for specific agreed upon procedures on financial records
- Review of existing financial and accounting policies and their deviations from the International Financial Reporting Standards (IFRS)
- Preparation and compilation of consolidated and combined financial statements in accordance with IFRS
- Internal audit and review of procedures and policies in place
- Audits in accordance with Real Estate Regulatory Agency (RERA) requirements:
  - Owners Association (OA) audits
  - Developers Project audits
  - Trustee Accounts audits

Tax Services
- Inbound and Outbound Tax Advisory Services
- International Tax Planning
- Mergers and Acquisition Tax
- Transfer Pricing
- Private Client Tax Services
- International Tax Compliance
- International Estate Planning and Inheritance Tax Advisory Services
- UAE & GCC VAT compliance services
- VAT Health checks and diagnostic reviews
- Internal VAT Audits
- VAT Advisory services

Consulting and Advisory
- Due Diligence Services
- Business Valuation Services
- Feasibility Studies
- Human Resources Consulting
- Corporate Finance
- Drafting of Commercial Agreements

Corporate Services
- Company Structuring Advice
- Company Formations
- Preparation of Documentation for government authorities
- Succession and Estate Planning
- Insolvency and Liquidation Services

Business Transformation
Business Process Reengineering
- Improving existing processes
- Project management ERP implementation
- Strengthening of Internal controls
- Efficiency and cost improvement
Business Performance Improvement
- Segment, customer, product/service profitability
- Business Plan, Budgeting and Forecasting
Financial Organization structure
- Structuring the finance function by measuring performance with the benchmarked best practices
- Training the Finance Team
- Support migration to Shared services