Experience as Finance Manager

• Employer

• From

  21 October 2018

• To

• Detail

  Explores and assesses new investment opportunities for business financial growth; identified cost-reduction opportunity of AED 1 M. Develops strategies to improve business profitability and utilization efficiency of resources including cash, inventory, and other assets. Manages overall financial accounting, monitoring, and reporting systems to ensure financial statements accuracy. Steer efforts towards implementing new software, analyzing change, producing accurate financial reports, and developing relationships with external stakeholders including auditors, solicitors, bankers, and statutory organizations.
  Key Accomplishments:
  • Identified key factors influencing business performance; recommended new sources for operational finance; kept abreast with changes in financial regulations and legislation while managing AED 100 M turnover.
  • Reviewed and forecasted trends and firm’s finance needs, formulated company’s budgets, directed routine finance activities, and designed frameworks to achieve optimum financial growth and profitability.
  • Built synergies with other departments to develop a mutual understanding of company plans; prepared financial models detailing discounted cash flow analysis and payback models in particular for fixed assets procurements.
  • Reviewed taxation areas’ requirements to ensure absolute compliance; trained managers and other staff to submit and report cost; maintained and updated financial filing system.
  

Experience as Finance Manager

• Employer

• From

  18 April 2017

• To

  20 October 2018

• Detail

  Directed all financial, management, and job costing functions; prepared financial management information reports; reviewed and evaluated financial performance, budgeting, and fund management. Liaised with auditors, lawyers, and local authorities to ensure adherence to local laws and customs, and with bankers - to arrange banking facilities. Reviewed expenses reimbursement claims and insurance coverage and ensured commercial and financial company-produced material’s compliance with local and international law.
  Key Accomplishments:
  • Delivered budgeting forecasts, KPIs, and financial models detailing pricing effects on the overall project and organizational productivity which resulted in 5% profitability growth.
  • Built collaborative rapport with auditors to prepare annual statutory audit; arranged new sources of finance for operational/investment requirements and prepared company’s budgets accordingly.
  • Prepared finance models detailing discounted cash flow analysis and payback models for fixed asset purchases; presented financial results and forecasts to management to ensure timely flow of financial information.
  

Experience as Financial Manager

• Employer

• From

  07 April 2012

• To

  17 April 2017

• Detail

  Developed and supervised cross-functional team of 15 resources consisting of accountants and administrators; managed information life cycle including data storage and financial reporting. commercial and financial company information and ensured its compliance with local and international regulations. Prepared annual statutory audits and interact with external auditors. Prepared and revised annual budgets of US $50 M, monthly forecasts, and quarterly cash flow forecasts. Produced finance models detailing discounted cash flow analysis and pay-back models for fixed asset purchases.
  Key Accomplishments:
  • Delivered full support to departments in budgeting, forecasting, KPIs development, and financial modelling while detailing the effects of pricing on the overall project and organizational productivity and profitability.
  • Prepared finance models explaining discounted cash flow analysis and payback models for fixed asset purchases; ensured contracts and business dealings are in accordance with company practices and local laws.
  • Evaluated all proposed contracts communicating any potential liabilities and benefits to relevant stakeholders and managers, reviewed insurance coverage and ensured adequate coverage for the company.
  • Managed entire process of reporting, analysis, and interpretation of financial data and actual results, presented financial results and forecasts, produced and communicated updated Finance Manual & Commercial Manual.
  

Experience as Accountant

• Employer

• From

  10 June 2010

• To

  06 April 2012

• Detail

  Posted sales invoices – Progressive Invoicing (Construction) & Retail Sales (Manufacturing) – and purchases. Ensured accuracy of reported physical stock including raw material, semi-finished, and finished goods. Supervised verification and provision identification processes for obsolete and slow-moving inventory.
  Key Accomplishments:
  • Allocated all direct and indirect costs and overheads, prepared Cash Flow Statements for management review
  • Calculated EOQ to ensure minimal costs of ordering; processed payroll and handled audit procedures.
  • Prepared monthly bank reconciliation statements and performed other duties as assigned by management.
  

Experience as Auditor

• Employer

• From

  01 June 2008

• To

  31 May 2010

• Detail

  Worked as an auditor with Issac & Sudhakar Chartered Accountants, India for 2 years, and have been the in-charge for a number of audits with very large profile companies- MRF Group of Companies and KLF- Construction & Real Estate.
  
  Job Responsibilities: -
  
  • Assist in planning and evaluating tasks to be carried out for Financial Statement and Value for Money audit assignments.
  • Prepare working papers to the required standard for both planning and fieldwork stages, demonstrating an understanding of the principles and reasoning for the work.
  • Highlight exceptions and weaknesses found and recommend either further work that may yield results or suggest improvements to the management process/corrective action.
  • Work as a member of the overall assignment team to help bring the work in on time and to the required quality level.
  • Undertaking ad hoc works assigned by the Senior Auditor.