Finance & Operations Manager
Dubai Blocks LLC
Total years of experience :17 years, 11 months
• In charge of the complete control over Operations & accounting and finance activities of the company
• Internal control, costing, management information system reports, budgeting.
• General management and administration of factory & office.
• Preparing Management reports, budget, monitoring cash flow and working capital management.
• Overall supervision and controlling of accounting records and financial statements.
• Inventory & Production and cost control.
• Liaising with suppliers, bankers for day-to-day operating activities
• Purchase management- sourcing of products, procurement and price negotiation & costing.
• Negotiating and arranging funds for company from various financial institutions.
• Review and approve all payments, Purchase Orders, Invoices etc., on a regular basis.
• Development of strong and cohesive cash management disciplines and operational procedures; to limit exposures and optimize positioning and returns by sound working capital management.
• Ensure all financial activities comply company’s policies & procedure and all statutory & legal obligations are adhered to.
• Interacting constantly with other department heads & staff for sending and receiving various daily, weekly & monthly reports. Staff recruitment, mentoring, motivating, training and management of staff.
Highlights
• Increased the profitability of the company activities by controlling the expenses and reducing the purchases.
• Improved cash flow and reduced bad debts by recovering doubtful debts by aggressive collection and credit control.
• Played a vital role in introducing effective internal control procedures.
• Identified, eliminated non value adding activities using activity based analysis methodology, reduced costs by 8.5%.
• Aligned various modules of operational & management application programs into customized ERP environment.
• Develops, maintains and analyzes budgets, monitoring cash flow and working capital management.
• Inventory control, Logistics & warehouse management
• Liaising with suppliers, bankers, shipping companies for day-to-day operating activities
• Prepares, examines and analyzes accounting records and financial statements to assess accuracy.
• Purchase management- sourcing of products, procurement, price negotiation & costing.
• General management and administration of office.
• Monitoring Finance & Accounts, Internal Control, P & L Account, Balance Sheet and Cash Flow Statement.
• Assessing & arranging fund requirements viz. Working Capital Loans, Letter of Credits, Bank Guarantees etc..
• Coordinating with Auditors Kaid Auditors, Sharjah, UAE, Banks and other Financial Institutions.
Highlights
• Increased the profitability of the company activities by streamlining and adding business activities.
• Successfully managed all activities Like Finance, Purchasing, Logistics and Administration of the business.
• Responsible for managing all accounting & financial activities of the organization.
• Preparing, finalizing, and analyzing financial statements which include Balance Sheet, Profit and Loss Account, Cash Flow Statement and MIS reports.
• Closely interacted with bankers for L/C & trade Finance by developing better personnel relations.
• Actively involved in ensuring better inventory control through the system and the department.
• Monitoring the financial health of the organization and taking steps with optimal utilization of funds.
• Develops, maintains and analyzes budgets, monitoring cash flow and working capital management.
• Reviews, investigates and corrects errors and inconsistencies in financial entries, documents and reports.
• Carried internal audit & liaison with external auditing.
Highlights
• Played major role in controlling inventory and dead stock.
• Designed and implemented accounting & inventory system.
• Responsible for managing all accounting & financial activities of the organization.
• Responsible for financial planning and implementation, preparing and reviewing of financial reports.
• Monitoring and controlling the accounts through the accounts department.
• Closely interacted with bankers for L/C & trade Finance by developing better personnel relations.
• Preparing projected financial reports, monthly and annual budget, monitoring cash flow
• Credit Control & follow up of receivables & payables.
• Coordinating with auditors.
Highlights
• Played major role in reducing the overdue receivables bad debts & controlling dead stock.
• Verification of Day Books, Bank books, Invoices and Ledgers.
• Preparation Of Profit & Loss Accounts and Balance Sheet.
• Accounts Receivables & Payables and details of Outstanding Expenses & Income.
• Preparation of Bank Reconciliation Statement.
• Finalization of Statement of Accounts & Filing Tax returns to the Authorities.
• Assist in auditing of business and non-business organization of medium and large scale.
• Assisting Work to the Chartered Accountants.
✓ Master of Business Administration (MBA), S.N. Education Board, India.
✓ Diploma In Computer Applications.
✓ Master Of Commerce (M, Com), (Course Completed) Kerala University, Kerala, India.
✓ Bachelor Of Commerce (B.Com), Mahatma Gandhi University. Kerala, India.