Assistant Manager Finance
DicoTech Qatar WLL
24 December 2015 —
28 February 2018
o Financial Reporting
• Preparation of BOD Package including Final Account as per IAS & IFRS
• Supervision of Monthly Closing Activities like Accruals, Prepayments, Depreciation & Amortization.
• Responsible for Managing Payables like Goods, Services and Subcontracting
• Supervision of Payroll to follow WPS system.
o Management Reporting
• Ensure accurate management reports are submitted with BOD Package.
• Supervision of each Job wise (Project Wise) reporting to check the profit and loss of each project.
• Monitoring the Labor and Material variances and report abnormalities if any.
o Treasury & Credit Control
• Preparation of Cash Flow on Quarterly basis further break down into Monthly and weekly basis to analysis the Working Capital requirement and guide the management for future contingencies and commitments.
• Chairing collection meeting to discuss the Credit Worthiness of all the debtors and discuss the certification and collection issues of each debtor.
• Liaison with banks for maintaining the Bank Facilities (Funded & Non-Funded) to facilitate smooth operation of future and existing projects.
• Liaison with Banks for issuance of Bank Guarantees (APG, PB, & LC’s)
o Budgeting, Controlling and System Development
• Preparation of Corporate Plan of the company which indicate the Sale Mix Strategy, Resource Requirement, Fixed Cost Budget, Variable Cost Budget, CAPEX Budget.
• Establish and implement effective Internal Controls of the company which leads toward minimum risk.
• Preparation of Accounting Manual which include SOPs and DFDs.
Key Achievements
• Develop relationship with banker to get the facilities @ 0%cashmargin.
• Development of Supervisor Tracking and Labor tracking system which converted the non- productive man hours to productive man hours & manage the recruitment, development and appraisal of staff.
• Organizational restructuring of Finance function leading to 25% cost reduction.