Finance Manager
Sharjah Airport authority
Total years of experience :27 years, 11 months
Finance Manager Jan 2015 - Present
Sharjah International Airport Authority, Sharjah, United Arab Emirates
Highlights:
Served as Expansion Project 600M $ / committee member Managing the following major projects:
- East Side new Terminal
- Sewage treatment Plant
- Central Utility Plant
- Aircrafts Hardstands
- ATC Refurbishment
- Auxiliary Buildings
- New Runway
Key Responsibilities:
Managing cash flow, annual budgeting, forecasting and structuring financial strategies to ensure smooth cash flow and streamline budgets, in line with company policies, procedures and legislation.
Creating business strategies with emphasis on contractual obligations, financial management systems and procedures to maximize profits well as control costs.
Analyzing key finance performance indicators/trends such as financial ratios and cross division comparisons inclusive of establishing financial benchmarks of acceptable performance and comparison of actual results to budget Planning and executing internal/external audits, ensuring timely submission of audited reports and recommending corrective measures to enhance operations and reduce costs.
Assessing comprehensive strategies, tracking market fluctuation, analyzing market trends using advanced financial tools
Directing the preparation and maintenance of requisite reports in order to keep the upper management abreast of all operational, financial, legal and fiscal issues with pertaining to the organization.
Coaching, mentoring and training the finance staff to enrich their competencies for achieving business goals.
Tracking of all key business and monetary issues pertaining to accounting operations including payables, receivables and monthly reconciliation and treasury operations.
Prepared detailed reports on audit findings and made recommendations to improve internal control systems.
Administered the tax budgeting and forecasting process, including preparation of payments for vendors and subcontracts.
* Finance planning over short & long runs through debt & equity for assuring the continuity of procurement
* Setting of Costing structure & controlling upon its procedures through rating & costing sheet
* Preparing of the aggregate Budget in accordance with the other Departments & identify a variance Analysis
* Managing of Cash flow monthly & annually
* Approval upon Credit facilities availing to receivables & following the collections.
* Reviewing of banks accounts, banks reconciliations, LCs, Acceptances, TRs & LGs .
* Participating in Cost Setting, Budget preparation & related forecasting process
* Following up of sister concerns Accounts “ Copri Construction, Al Barraq Electeric, Al Barraq Crusher
& Al Sultan Cement industries along with Reconciliations.
* Coordinating with External auditors for issuing of the annual financial statements .
* Directly reporting to Finance Manager
* Negotiating with suppliers, coordinate with production manager, submit tenders
* Monthly income review with Sales Supervisors
* Plan, direct and control the daily accounting activities
* Review the banks accounts, bank reconciliation
* Controlling upon all accounting aspects “daily financial transactions, monthly closing,
* Checking inventory in stores at our branches “ Riyadh, Dammam, Jeddah, Ihsaa “
* Leading & controlling employees working at accounting section
* Making annual financial statements & its affiliate establishments “ KAFCO , AMASCO “
* Designing accounting system for the companies
* Examine the internal control system
* Verifying journals & ledgers