Experience as Accounting Manager

• Employer

  The Residency Hotel

• From

  01 April 2003

• To

  16 March 2006

• Detail

  ? Managed and led a team responsible for running the accounts department and preparing monthly and quarterly Financial Reports.
  ? Budgeting and Forecasting
  ? Using my financial & IT knowledge; designed and implemented an in-house Payroll Management System
  ? Based on exceptional performance; promoted from Accountant to Manager Accounts after 2 year of joining.
  ? Awarded with Manager of the Year.
  

Experience as Credit Manager

• Employer

  Al Khaleej Group of Hotels

• From

  16 April 2006

• To

  11 July 2007

• Detail

  ? Maintained very good relations with Front office for daily collection of folios and resolving disputes of wrong credit invoices
  ? Managed to resolve all client queries within 1 day with coordination of Front Office Manager and Income Auditor
  ? Responsible for maintaining the debtor’s ledger with regular review of the aged accounts
  ? Monitor the AR ledger on a daily basis, If any discrepancies found then corrective measures to be taken after co-ordinating with the PMS vendor.
  ? Responsible for Complete Company’s Outstanding and follow-ups
  ? Assisted Financial Controller to close and prepare monthly financial statements and audit reports.
  ? Reduced the monthly closing & reporting time up-to 25% by providing key contributions toward automation of reporting process.
  ? Review the Guest Ledger High Balance report daily and reporting discrepancies, ensuring check-in / check-out procedures are followed.
  ? Monitor credit limits of all outstanding accounts
  ? Responsible for all credit applications approvals by using (PD, LGD ratio) etc.
  ? Responsible to grant Credit to any client by following standard procedure of Trade References, Owner’s Guarantee, Credit Check with Credit Rating Agency (if any), apply credit limits etc
  Achievements
  ? Successfully reduced aging from 1.6 Million AED to 0.5 Million AED within 6 months by timely follow-ups with clients and resolving pending invoice related issues and SOA reconciliations.
  ? Successfully maintained the average of aging below ½ million over the year.
  ? Successfully introduced and implemented Credit Policy
  ? Introduced and implemented Customer rating (Red, Yellow Green Zone) etc

Experience as Assistant Financial Controller

• Employer

  City Tower Group of Hotels

• From

  01 July 2007

• To

  20 November 2008

• Detail

  ? Prepared financial reports, developed budgets and performed variance analysis in accordance with business plan.
  ? Compiled periodic financial reporting packages for senior management.
  ? Worked closely with internal audits to ensure regulatory compliance and operational efficiency/accuracy.
  ? Reduced monthly closing cycle by three days with identification and recommendation of enhanced closing procedures.
  ? Provide full and accurate forecasting and budgeting proposals within the hotel, in consultation with the Group Director of Finance.
  ? Responsible to ensure the achievement of all financial targets within the hotel, in consultation with the GDF.
  ? Responsible to provide timely and accurate financial statements
  ? Ensuring all financial regulations are met, through the maintenance of adequate systems of internal control
  ? Training and development of local Finance staff and ensuring accurate succession planning
  ? Built the financial awareness of local management teams

Experience as Financial Controller

• Employer

  Milton Hotel

• From

  01 December 2008

• To

  30 June 2010

• Detail

  Role
  ? Designed Internal Reporting System required by Department and General Manager
  ? Directed financial management functions including development of monthly/quarterly financial statements, financial forecasts and budgets.
  ? Oversee general accounting functions, including AR/AP, account reconciliation and cash management.
  ? Design and submits management reports in a timely manner and also ensuring delivery deadlines
  ? Responsible for budget Functions of the company with particular focus on accomplishing targets, managing revenue and cost, standardizing processes and maintaining company profits
  ? Provide excellent leadership by differentiates top performers, fosters teamwork and also able to encourages work/life balance
  ? Designed the financial control policy and procedure of the company, set up system and established internal controls in the form of report generation and regular management reporting
  Achievements
  ? Led the hotel Pre-Opening process by working directly with the investors and established the business from scratch including setting the financial & operational strategies and implementation of SOPs.
  ? In charge of ERP system implementation
  ? Designed and implemented computerized warehouse and finance system to ensure process adherence and early detection of procedural or functional problem and human errors
  ? Revenue generation Ideas given to management which increased monthly turnover of 200,000/- AED (Restaurant, Saloon, Parking etc)
  ? KPIs and SLAs system introduced in the hotel which resulted a controlled environment as per Hotel’s policy
  ? Achieved and exceeded goals including performance goals, budget goals, team goals, etc.
  ? Successfully implemented Monthly Closing system to present P&L and Management Reports to BOD by 3rd of each month
  

Experience as Assistant Director of Finance

• Employer

  Al Barakah Investment Holding

• From

  01 July 2010

• To

  23 November 2019

• Detail

  ? Managing the end-to-end finance activities including periodic reporting to executive management.
  ? Overseeing & leading the preparation of Budgets, Forecasts, Treasury Management, Business Feasibilities and cash flows for new projects.
  ? Heading all New Projects of the company and prepare milestone data, resource planning and result measurements
  ? Reviewing closely Revenues and expenses streams by comparison with diligence standards, historical data and incidental data and to propose to BoD for best return on investments.
  ? Making sure to safeguard company’s assets by adding controls on assets movements / assets acquiring / usage / R&M etc
  ? Reviewing and submitting the monthly, quarterly and annual management & financial reports to Group CFO and BoD.
  ? Leading negotiations with Banks for borrowing & investment matters.
  ? Analyzing current processes (SOPs) and assisting to remove Non Added Value processes by using Lean Strategy
  ? Assisting Group CFO and Board of Directors in analyzing, developing and implementing the financial & operational strategies.
  ? Strategically analyzing of cost centers and advise to Management for best practices
  ? Conducting staff appraisals and staff development activities & trainings (IFRS, Advanced Excel, Leadership Skills etc.)
  ? Attract, lead, and develop FP&A analyst team to achieve high engagement, strong team and individual performance and depth of talent to meet Company’s growth plans
  Key Achievements
  ? Led the team of Finance Process Flow designing project. The activity resulted in internal control enhancement; identification of non-value added processes and made the company process Lean.
  ? Led a special project directed towards the achievement of paperless environment. The project resulted in reduction in paper usage & printing by up-to 65% in various domains.
  ? Successfully headed the VAT Implementation Project across 16 group companies. The in-house VAT implementation also resulted in estimated cost saving of US Dollar 200,000/- by eliminating the need to hire an external consultant.
  ? Implemented short term incentives and retention bonuses for high performers, which resulted in increase in employee retention ratio by up to 25 % over the period of 3 years.
  ? Supported Procurement in revamping of tendering processes and saved an estimated AED 0.5M cost by re-negotiating with suppliers.
  ? Successfully lead the implementation of multiple cost saving Innovative ideas such as:
  ? AED 48K P.M Food Wastage Handling Cost Savings by implementing ORCA Technology
  ? AED 0.5M savings in changing disposable packing material
  ? AED 1.25M saving by identifying missing points form contractual obligations for DIC Housing Fees
  ? AED 150K annual saving in health insurance cost by re-negotiating with service provider w.r.t the history of staff visits to hospitals
  ? Estimated annual saving of AED 3 Million by changing the product procurement strategy (Reaching direct to the raw material source)
  ? Led the AED 1000 Million Financial Modelling project for Abu Dhabi Future Iconic Project – Al Qana
  ? Reduced monthly closing cycle by 3rd of each month with identification and recommendation of enhanced closing procedures.
  ? Winner of Employee of the year Award 2018