Finance Manager
El Zayat Tourism & Hospitality Consultancy
Total des années d'expérience :22 years, 6 Mois
A leading hospitality, leisure, and tourism consultancy company offering
professional world-class advice and support to both government and the private sector on tourism and hospitality.
Key Responsibilities:
• Managing and overseeing all accounting/financial disciplines, including financial budgeting and forecasting, management reports to align to the company’s operations.
• Reviewing financial/cash management statement, evaluating risk, financing scenarios and other documents concerning capital management.
• Evaluating financial risk, creating contingency plans and financial buffer to cover future risk, thus enforcing fiscal discipline within the organization.
• Analyzing KPIs/trends including establishing financial benchmarks of acceptable performance and comparison of actual results to budget thus initiating corrective actions.
• Streamlining and controlling budgeting process, ensuring the timeliness, accuracy and consistency, analyzing variance, and suggesting corrective actions.
• Examining all capital expenditure proposals to check financial viability and other implications. Tracking contracts validities for all insurance policies of the company.
• Reviewing and devising monthly financial, income statements, balance sheets, internal audit, cash flow projections, profit and loss to reduce cost.
• Directing the preparation and maintenance of requisite reports to keep the upper management abreast of all operational, legal and fiscal issues.
Key Clients Handled:
• Department Of Tourism And Commerce Marketing, Dubai Government
• Dubai Export Development Corporation
• Dubai Cruise Terminal
• Dubai Shopping Festival
• Kerzner Hotels Group
• Shangri-La Hotel, Dubai
Key Responsibilities:
• Managed all day to day accounting functions within the organization, formulated financial statements and analyzed the veracity of transactions recorded across various books of accounts maintained.
• Oversaw all accounting operations including accounts receivables, accounts payables and payroll, month end closing, books reconciliation and management reporting.
• Prepared and submitted detailed financial statements, budgetary control, variance analysis, budgets reports A/R and A/P reports as well as reconciled cash and bank book.
• Handled the complete accounting cycle, beginning with posting journal entries, opening/closing of accounts, maintaining general ledgers, reconciling accounts, preparing trial balance along with various accounting reports concluding with financial statements.
• Drafted financial reports that summarize and forecast organization's financial position including income statements, balance sheets, and analysis of future earnings/expenses, to facilitate decision making on financial matters of the organization.
• Monitored and managed banking relationships and reconciled bank statements on periodic basis and provided accurate reports to the upper management.
Highlight:
• Successfully customized AS/400 Misc, Oracle and DacEasy as per company's requirements.
Key Responsibilities:
• Managed and updated all books of accounts right from ledger/journal entry to finalization of accounts and prepared financial statements including P&L account and balance sheet.
• Maintained financial systems/processes and made process improvement initiatives ensuring accuracy, speed, efficiency and proper cut off for month-end and year-end close.
• Reconciled bank statements on periodic basis and submitted accurate reports about the same to the upper management.
• Oversaw all aspects of financial accounting activities including invoicing, payroll, collection of accounts receivable, management and payment of suppliers/contractors.
• Effectively planned and implemented all accounting procedures/policies to ensure efficient transactions, accurate accounting and strict adherence to statutory compliance.
• Handled accounting tasks related to monthly stock and invoices, auditing suppliers and sub-contractors accounts. Recording monthly cheques received, ensured accuracy, speed efficiency and thus monitored the all cheques received.
• Assisted the senior management in preparing company’s annual budgets and forecasts, as well as structured accounting strategies to ensure smooth cash/credit flow.
• Updated and maintained all financial business transactions including receipts, accounts payable/receivable and documents.
• Scrutinized past records to forecast future financial position and suggesting target achievement and operational improvements to the board periodically as per company reporting rules as well as international accounting standards.
Previous Professional Experience:
• Oct ‘89 - Apr ‘91: Accountant, Abdul Ghany Al Ajou Establishment, Riyadh, Saudi Arabia.
• Jul ‘86 - Nov ‘88: Accountant (Banker A), National Development Bank, Cairo, Egypt.
• Jan ‘84 - May ‘86: Charter Accountant, Al Sayed Shuman Auditors, Cairo, Egypt.