Finance & Administration Manager
Emaar Industries & Investments
Total years of experience :20 years, 10 Months
Working as a Finance & Administration Manager for a
Construction Contracting / Joinery Manufacturing subsidiary
Software Used
Microsoft Dynamics NAV (ERP)
Key Responsibilities
Taking full responsibility for Finance, HR, Admin and IT Departments.
Finance:
Managing Financial Accounting, Management Reporting and Business Planning activities.
Influencing business priorities and performance by providing timely analysis of project-wise Cost / Revenue /
profitability. Managing Cost Accounting / Project Accounting. Monitoring actual status of each project &
comparing with project timelines. Reviewing of customer contracts from financial perspective.
Leading budgeting process, forecasts, business plans and continued monitoring / review of performance to
support strategic business goals.
Ensuring timely closure of books on monthly basis and delivering Management Accounts in compliance with
group financial policies / procedures and IFRS.
Establishing sound credit control mechanism & supporting business through strict monitoring of receivables.
Cash flow and working capital management, maintaining existing banking relationships and developing new
relationships as per business needs. Close monitoring of project certifications to improve collections.
Managing Collections, Payables, General Ledger, Insurance, inventory & VAT.
Implementing, optimizing and reviewing of processes and internal controls to ensure effective and efficient
financial control and risk management.
Coordinating with external and internal auditors. Ensuring compliance to Corporate & Legal requirements.
Giving direction and leadership towards the achievement of the Departmental KPI’s.
Effectively recruiting, managing, motivating and developing the team.
IT and ERP:
Ensuring that all IT Hardware / Software are maintained / procured / upgraded in line with Budget, company
policies and best practices.
Ensuring effectiveness of data recovery plans.
HR & Admin:
Making sure that hiring and separation of employees are as per Labor Law & Company policies / procedures.
Ensuring appropriate HR policies and procedures are in place.
Ensuring effective management of Labor recruitment, accommodation, disputes and other affairs.
Ensuring that effective HR ERP system and Attendance systems are in place.
Software Used
Yardi Voyager (ERP)
Key Responsibilities
Managing daily accounting operations including review and monitoring of collections, customer accounts,
receivable ageing and timely issuance of payment reminders / notices in compliance with relevant laws.
Ensuring timely issuance of weekly/monthly Financial Reports. Monitoring project status physically & financially.
Developing and maintaining working relationships with Banks, RERA and Escrow Agents.
Managing group / entity level cash requirements and placement of excess funds.
Ensuring group / entity level legal & tax compliance with Corporate / RERA / Tax rules and procedures. Ensuring
timely submission of UK VAT / CIS / Corporate Tax returns. Coordinating with RERA for project inspections.
Coordinating with external auditors & ensuring timely delivery of consolidated / entity level financial reports.
Coordinating with Auditors for timely submission of RERA Audit Reports.
Reviewing and updating, in line with best practices, the group’s internal control environment including
accounting policies, systems / procedures and making recommendations for improvements.
Participating in annual budgeting process & analyzing the variances.
Giving direction and leadership towards the achievement of the Departmental KPI’s and annual objectives.
Effectively recruiting, managing, motivating and developing the team.
Ensuring effectiveness of finance related aspects of the ERP system and driving continuous improvement.
Involvement in managing group-wide user access control matrix, workflows and system procedures.
Software Used
Yardi Voyager (ERP) and Maximo
Key Responsibilities
Managing Finance function for Facility Management, Property / Leasing Management, Owners’ Association,
Project Management and Home Maintenance Services.
Partnering with business heads on strategic decisions & drive operations from finance and business perspective.
Leading annual budgeting, business planning and performance monitoring process.
Monthly variance analysis reports to all business heads / project managers, analyzing the reasons for variances
and agreeing on corrective actions.
Cash Flow management & overseeing Payables/Receivables, GL, Inventory & monthly reporting to shareholders
Managing Owners’ Association Budget, Reporting, Invoicing to customers, collection & system improvements.
Facilitating External, Internal and ISO audits.
Reviewing staff performances and mentoring / developing them.
Establishing & implementing operational and financial policies / procedures and sound internal control system.
Software Used
Oracle Financials (ERP), Estate Master and Hyperion
Business areas represented
Corporate Planning, Budgeting & Reporting Leasing & Shopping Malls
Corporate - Financial Shared Services Development, Reclamation, Construction
Key Responsibilities (Corporate Planning, Budgeting & Reporting)
Leading Business Planning / Annual Budget process for the Group.
Provide monthly, quarterly and annual consolidated financial information / variance analysis to the
management, government entities and other business partners.
Producing ad-hoc financial reports and presentations for management.
Key Responsibilities (Leasing, Malls, Shared Service & Development Project)
Overseeing Financial Accounting / Management Reporting functions of Leasing & Shopping Malls.
Facilitating the internal, external & government audits. Finalizing the year-end closing.
Ensuring that effective internal control, procedures & processes are in place.
Preparing Monthly Financial Statements and managing Hyperion Financial Management for individual and
consolidated submissions for multiple BUs.
Finalizing Business Plan / Budget for the BUs and presenting to the management.
Working closely with IT to improve financial systems & Reports.
Software Used
Oracle Financials (ERP)
Key Responsibilities
Managing AR, GL & Cash Flow of the organization.
Maintaining congenial relationship with the bank, Credit Card Company & Ruler’s court.
Producing special and routine Financial Reports for management.
Managing online banking module and bank reconciliations.
Monitoring and troubleshooting the credit card transactions on daily basis.
Monitoring transactions with different government departments using Oracle GIS.
Software Used
Oracle Financials (ERP) and Maximo
Key Responsibilities
Managing daily/monthly cash flow & banking requirements.
Maintaining Good relationship with Commercial Banks and Central bank.
Negotiating markup rates on the company’s running finance facility. Monitoring of Forex Market & trends.
Management of import LCs and discounting business with multiple banks.
Management of foreign currency inward/outward remittances of the Company.
Facilitating internal and external audits.
Managing AP, GL and FA modules of Oracle.
Managing costing of all imported items and inventory.
Monthly, quarterly and annual reporting to management and government agencies.