Finance Manager
Jaleel Holdings LLC (MNC)
Total years of experience :18 years, 5 months
(MNC) FMCG - Foods/Beverages
- Spearheading a team of 5 members and monitoring various accounting functions,
providing financial solutions and resolving any issues raised on accounting and
company policies at Jaleel Trading Company (Jaleel Holdings Company Branch FMCG)
- Formulating annual budget for revenue, cost, cash inflow and outflow; conducting
variance analysis and to determine the difference between projected & actual,
providing inputs to business to take corrective actions
- Liaising with external auditors regarding ZAKAT; adhering statutory compliance with
respect to Customs, Gosi
- Monitoring cash flow and providing accurate cash forecast; liaising with banks /
financial institutions for working capital requirements
- Ensuring the development of SOPs for main Buying/Store Processes Operations
/Warehouse; engaged in Credit Management & Control - Controllable Provision
- Implementing various policies in credit control, warehouses, accounting policies,
business processes, and policies; controlling DSO through implementation of various
credit control regulations, policies, strategies
- Managing monthly VAT return submission and monthly closure of business activities
for the publication of financials within three working days
- Reviewing & documenting multiple MIS reports such as P&L, balance sheet, cash
flow statements, working capital requirement and projection of financial status of the
project
- Participating in vendor negotiation; reviewing and approving cost proposals,
agreements, purchase orders and work orders
- Coordinating with Government agencies/departments for approvals, Licenses and
permits; liaising with external regulators and advisors
- Managed financial statements & preparation of monthly, quarterly and yearly
accounts for the management/board and administered yearly audit; prepared
consolidated Financial Statements including subsidiaries for Internal & Statutory
Audit along with submission of Group Reporting
- Provided support in accounts & finance, auditing, commercial functions, expense
monitoring and debtors & liabilities management
- Conducted monthly profit & loss variance analysis, which included researching
various financial reports and meeting with management to determine the cause of
variances
- Directed & controlled finance to maximize profitability and generate revenue; raised
funds for projects/working capital by arranging short & long term borrowings
- Monitored and reviewed operation plan, resource requirement and cost estimation of
the project; managed projected schedule of working capital and cash flow
requirement; participated in formulation of execution strategy
- Engaged in Inventory management and control; implementing system, policies &
Procedures to facilitate internal control
- Participated in manpower selection their training & development; monitored &
reviewed their work for defined levels of performance and ensuring high motivational
level in team
- Mentored & monitored the performance of team members to ensure efficiency in
process
• Prepared Monthly Customers balances report; involbed in preparing reconciliation of supplier invoices and process for payment
• Woked on preparing Bank Reconciliation Statement (BRS)
• Organized Fixed Assets journal vouchers
• Involved in reconciliation of firms employees Provision for end service and vacation leave
• Reviewed the Medical and fire insurance policies before process for payments
• Led accounting duties in Office and assigned projects; prepared JVs and accounts payable vouchers
• Organised the schedule of payment; led bank reconciliation statement
• Monitored the firm’s overhead expenditure on monthly basis
• Verified all invoices for payment, ensure expenditures are charged to appropriate accounts. Reviewed time and attendance reports and payroll prepared by the support services Department Prepare
Accounting, Banking, Economics