Finance Analyst
Al Futtaim Group
Total years of experience :16 years, 5 Months
Determines cost of operations by establishing standard costs; collecting operational data.
Identifies financial status by comparing and analyzing actual results with plans and forecasts.
Guides cost analysis process by establishing and enforcing policies and procedures; providing trends and forecasts; explaining processes and techniques; recommending actions
Improves financial status by analyzing results; monitoring variances; identifying trends; recommending actions to management.
Reconciles transactions by comparing and correcting data.
Maintains database by entering, verifying, and backing up data.
Recommends actions by analyzing and interpreting data and making comparative analyses; studying proposed changes in methods and materials.
Dealing with complaints.
Key Result Areas:
Spearheading the entire gamut of operations related to accounting systems for the organization including financial analysis, internal & regulatory reporting, budgeting & forecasting, fund management and so on
Presenting a true and fair view of the financial position of the company by way of timely preparation of annual reports and according to IFRS Standards; analyzing the expenditure on a monthly basis to control expenses
Administering the generation of financial forecasts, mid-quarter estimates and business plans based on analysis; preparing analytical interpretations as requested and providing management with suggestions for improvement
Coordinating with Project Managers (PM) and Principal In-charge (PIC) regarding Contract Documents, Cash Reconciliation, Budget Variance Report, Schedule Monitoring & Claim Reports for terminated projects
Directing & controlling financial operations including GL reporting, account receivables & payables, budgeting, planning & forecasting and expenditure
Supervising daily bank reconciliations in multiple countries, reviewing payroll sheets, monitoring the preparation of pre-payments for month end reporting and providing accurate financial statements
Highlights:
Received Cash Award for Cost Management
Growth Path:
Chief Accountant June’11 - Mar’12
Finance Controller Apr’12 - Sep’14
Highlights:
AttainedEmployee of the Year Award for Excellent Performance in2012
Led and directed a team of 4 members
Successfullyclassified&re-developeddocumentationaccordingtotheGAAP
Managed Credit Control and initiated CustomerEvaluation
Merit of:
o Initiating ISO9001:2008
o Announcing Yearly & Monthly Budget Format & Cost ControlSystem
o Introducing Excel & File Format for employee data
o Bringing the Vehicle System (Maintenance and LogSheet)
o DevelopingaSoftwareforSalesPerson
Established Automobile Spare Part Business) as
Key Result Areas:
•Lead a Credit Team of 2 members
•Analysed the company credit control procedure
•Handled the due outstanding sales balances and reviewed credit limits
•Established the Direct Debit Payment system and managed new Credit Management procedures
•Supervised the overdue debtors and liaised with external and internal customers
•Followed-up overdue accounts and ensured the establishment of the contact
•Looked after the major accounts, visited customers and travelled to business meetings & sales
•Enhanced departmental processes and procedures for e.g. invoicing, follow-up, query management, etc.
•Carried out the negotiations with the suppliers such for credit information & insurance and debt collection agencies
•Categorized customers by investment level risk and checked this as appropriate (trade credit)
•Sheltered the company’s interests at creditors meetings w.r.t. the insolvent customers
Highlights:
•Holds the merit of receiving Spot Employee Award for showing excellent performance in 2008
•Played pivotal role in developing a Software for Customer Service Team, Provided Information on Credit & Accounts template on new software
•Distinction of being recommended for more leadership role from Dulsco HR assessment and development centre
A goal-oriented professional with nearly 11 years of experience in Accounts & Finance including 11 months of Entrepreneurial Experience
Presently Undergoing studies on Certified Management Accountant Program (CMA)
Managed and Controlled Accounting Activities for 36 Construction & Serviced Projects throughout Africa for United Army Corps of Engineering (USACE), Naval Force (NAVFAC) and FLUOR.
Successfully rose over USD 700, 000.00 Working Capital Fund from Financial Institutions via collateral and non collateral business loans and Trade Facilities.
Participated and supported with relevant financial information’s and documents during company Merger and acquisition with MAG Global, Canada.
Expertise in business banking services such as Remittances, Foreign Remittances, and Money Transfers in multi currencies via online banking and exchange houses, Payroll management, Direct Debits, Loan and Trade Facilities Management.
Initiates and Maintains contacts with all relevant UAE Governmental Institutions, Banks, Traveling Agents, Audit Firms, Rental Agents and others.
Team-based management style coupled with immense capability for effective mentoring, training and career planning of team members