Senior Finance Executive
Emaar Properties PJSC
Total years of experience :24 years, 5 Months
Ensuring that the International Standards for Financial Reporting, best operating financial and managerial practices are followed. Follow up of projects data to ensure that all projects are issuing relevant information for the constructed works as per the projects contracts.
Effectively monitoring and ensuring maintenance of costing and accounts records in orderly manner to serve as the basis for MIS and for compliance with GAAP and assisting in preparing other Project related MIS reports.
Analyzing general ledger accounts, Project payables, processed transfers, maintained record of all fund movements, analysis of costing & accounting records and related MIS Reports and circulating it to management on a weekly/ monthly basis.
Ensuring smooth running of budgeting system to control capital, infrastructure and operating expenditures by cost centers to ensure their conformity with the corporate objectives, mission and vision statements.
Lead Cost Management, Financial reporting, Budgeting and Financial control within area of responsibility.
Assisting in preparing, forecasting and monitoring project wise Cash Flows, analyzed cash flow, cost controls, and expenses to guide business leaders.
Handling auditing, client interaction and project costing & analysis and communicate the same with the project managers and all levels of management.
Ensuring effective coordination with internal & external auditors and hence accelerating the audit processes.
Ensuring that costs reported are accurate and that forecasts take into account the most recent costs estimates and scheduling.
Liaising with cost consultants and project management staff to track costing estimates, budgets and explain any deviations.
Developing monthly project wise cost analysis reports, Budgeted v/s Actual Cost report and variance analysis.
Responsible for Project Financial Management, Project Budgeting, Profit & Loss responsibility and Project cash flow.
Prepare, evaluate, analyze & present MIS reports & Performance reports to Management.
Analyzed general ledger accounts, Accounts Payable, Accounts receivables, Fixed Assets Register and other books of accounts.
Effectively monitored and ensured maintaining books of Accounts and Records in orderly manner to serve as the basis for MIS and for compliance with GAAP.
Expedited audit processes through effective coordination with internal and external auditors.
Processing sub-contractors payments, valuations and certification booking
Maintaining Revenue Recognition schedule,
Accounts receivables, accounts payable, weekly and monthly reporting,
Maintaining assets register and depreciation, assisting in finalization, other routine accounts work.
Analyzed bank statements, cash accounts, accounts receivable and payable balances on a monthly basis. Prepared year-end schedules for audit. .
Reviewing and devising monthly / yearly financial and income statements, balance sheets, internal audit, cash flow projections and quarterly principal profit & loss to reduce cost as well as ensure budgetary compliance.
Designing budget, guidelines to optimize company’s cash flows, managing working capital requirements. Advising higher management on optimal utilization of financial structures within the company and proposing financial strategies with emphasis on contractual obligations, financial management, systems and procedures to maximize profit and control cost.
Directing the financial accounting activities (invoicing, refunds, payroll management, collection of accounts receivable, management, payment of suppliers & contractors, etc).
Liaising with the principal clients, vendors, financial and banking institutions on related activities and supporting top management on contractual negotiations that effect company’s financial or non-financial obligations.
Recruited competent accounting personnel, trained them and monitored their performance to ensure smooth execution of all accounting activities
Planned and evaluated all accounting procedures and policies to ensure transactions are efficient/ effective, accounting is accurate and complete.
Managed overall accounting operations including payables, receivables, monthly reconciliation. Projected finances for long term investments and future projects of the company.
Prepared and auditing all financial statements including but not limited to: monthly financial statements, monthly closings, monthly accounts payable, accounts receivable, and monthly cash flow statements. Assisted the upper management with formulation of annual budgets.
Prepared & presented monthly, quarterly and annual reports, recommended improvements in organization’s accounting and management practices.
Reconciled bank statements, cash accounts, accounts receivable and payable balances on a monthly basis. Prepared year-end schedules for audit.
Analyzed general ledger accounts, processed transfers, maintained record of all fund movements and ensuring all funds are managed properly.
Negotiated loans and credit lines with financial institutions, clients and suppliers, to extract highly favorable terms.
Maintaining Debtors ledger and handling collections form debtors.
Reconciled bank statements, cash accounts, accounts receivable and payable balances on a monthly basis. Prepared year-end schedules for audit.
Maintaining assets register and depreciation, assisting in finalization, other routine accounts work.
Maintaining Inventory books.
Maintaining accounting books of Branches
Maintaining Accounts and Inventory books of clients.
Filing Income Tax Returns of clients.
Auditing books of Companies, Banks, Partnership firms, etc
Certified Public Accountant
M. Com in Advanced Accountancy