General Manager Finance & Operations
Sky Lantern Technical/Trading LLC
Total years of experience :22 years, 6 Months
SLT is involved in steel cutting, bending, fabrication, vehicles assembling, armoured vehicles’ parts trading. I am taking care of business plans, production & planning, logistic and finances.
o Finalizing monthly and yearly Production Plans for all manufacturing facilities located in UAE, USA, Canada, Jordan, Turkey, Pakistan, Thailand, Nigeria & India.
o Planning and allocation of group resources within group as per each facility requirement.
o Analyzing profitability analysis of all projects, preparing business forecasts by considering global situation to make new business decisions.
o Working closely with CFO for funds allocation
o Signing all Sales Contracts by considering right variants, sales price and delivery time.
o Controlling production and observing variances
o Approving new/change in existing Bill of Material.
o Reviewing annual and semiannual purchase plans and approving quantities to meet Production Plans.
o Measuring per day efficiency/production percentage of each factory.
o Approving warranty claims.
o Part of the core management team involved in taking strategic decisions for the smooth operation of the company including recruitment of suitable personnel.
o Controlling MM, Quality and PP module in SAP for all Group facilities
o SAP implementation Key User Production, Cost & Controlling, Material Management
o Analyze financial information to produce forecasts of business, industry, and economic conditions for use in making new business decisions.
o Reviewing the financial statements and analyzing increase/decrease with deviations from projections.
o Performing revenue and expense forecasts in order to make financial decisions.
o Analyzing actual trends in revenues and expenses.
o Preparing short term and long term budgets.
o Developing and monitoring the cost control measure.
o Controlling production and observing variances.
o Analyzing group purchases, making comparisons, preparing annual purchase budget.
o Co-ordination with the various operations and support units to ensure timely and accurate cost data is available for preparation of cost reports.
o Determining the required quantity of any item with the help of production staff for any particular vehicle/project.
o Reviewing PO’s of all companies and ensuring that requested quantity is correct and on best available prices.
o Preparing annual and semiannual purchase plans and defining quantities with the help of Production Department according to Production Plans.
o Gathering historical purchase data, preparing analysis and finding the deviations from budgeted purchase plans.
o Measuring per day efficiency/production percentage of each factory and submitting to management.
o Monthly collecting reports of slow & non moving item from all factories, consolidating and moving the parts to respective factory to utilize properly.
o In addition to these basic responsibilities, I also work on a bunch of special projects that management needs. This ranges from taking surveys of other companies to creating and analyzing business plans, determining sales prices, salary structure, stock takes, SAP implementation, disposal of dead and waste items, insurance, assisting to Internal and External auditors.
o Prepared and presented the Financial analysis (MIS) to Group head office (Saudi Arabia & Lebanon)
o Dealt with banks and financial institutions for new financing and routine matters.
o Dealt with automobile dealers about financing of new fleet.
o Finalized Financial Statements for management and audit purpose.
o Prepared short term and long term budgets (financial projection).
o Developed the strategies, assessing the risks and preparing feasibility reports for new branches.
o Liaison with external and internal auditors.
o Managed the cash flow of the company for revenue and capital expenditures.
o Designed and reviewed the control procedures regarding recovery of receivable and payments to vendors.
o Part of the core management team involved in taking strategic decisions for the smooth operation of the company including recruitment of suitable personnel.
o Monitoring the day to day transaction of the company and handling accounts and finance department.
Managed the cash flow of the company for revenue and capital expenditures.
Designed and reviewed the control procedures regarding recovery of receivable and payments to vendors.
Part of the core management team involved in taking strategic decisions for the smooth operation of the company including recruitment of suitable personnel.
Monitoring the day to day transaction of the company and handling accounts and finance department.
Preparing the Monthly, Quarterly, Half Yearly and Annual Financial Statements for management and audit purpose.
Preparing the detail and liaison with external auditors.
Review of the costing matters in the organization.
Preparation and submission of daily reports of last 24 hour activities of the organization to the management and directors.
Conducting the internal audit of stocks, stores at mills on monthly and randomly basis.
Liaison with bank to pledge the stock.
Dealing with insurance matters i.e. Fire, Marine, Accident and Life.
Reviewing the reconciliation/movements of inventory.
Designing and reviewing the control procedures regarding recovery of receivable.
To conduct the objective oriented assignments as and when required by management.
Review of Sales Tax matters and its changes implementation.
Checking the daily transaction of company.
In the audit and assurance department, I was engaged in the performance of statutory audit of public and private companies, special, interim audits as well as agreed upon procedures of leading organizations.
Responsible for audit planning, job allocation to professional staff and keeping liaison with clients ensuring that assignments are completed in time with due professional requirements.
Experience in finalization process of audit assignments in accordance with the relevant legislation & general practices in relevant industries, with professional integrity.
Preparation of various management reports, management letter etc.
Preparation of Companies Accounts in accordance with International Financial Reporting Standards and complete compliance with Corporate Law.
Complete compliance with the professional standards of SINCLAIRS.
Consultancy and Advisory:
During my stay with chartered firm I was engage with different clients as Internal Auditor and I have a vast experience in the consultancy and advisory department. This include
Understanding and documentation of existing systems including Stores, Payroll, Production and Costing etc.
Suggesting improvements in various areas in the system
Implementation and maintenance of the proposed systems
Performing cost effective work with high standards of quality while maintain good relation between audit team and client’s staff & management.
Evaluating the design and operation of internal control system.
Report Writing:
I gained noteworthy exposure in report writing and business communication. While conducting the audit and providing consultancy services to various clients, I have prepared reports for different levels of management which has given me a diversified experience in this field.
There is no grade system in professional qualification.