Finance Manager
Creative Recycling World Co. Ltd
Total years of experience :17 years, 3 Months
Competent, Dynamic and Gulf experience professional seasoned with 12+ year’s record of delivering key significant contributions towards companies’ continued business growth. Demonstrated competencies in various Accounts & Finance Management including but not limited to General Accounting, Cash Flow, Receivable and Payable management, Fixed Assets, Reconciliation, Payroll administration, VAT, Budgeting, Variance analysis, Cost control, Credit control, Inventory Control, MIS reports, and various Accounting Records, negotiating skills along with the unique ability to work independently and in a team environment. Possess ability to deliver stipulated tasks within the set time frame in a multicultural dynamic business environment. Strategic thinker with significant contributions in core business activities with excellent skills in analysis, reporting and control of the financial flow of the company to drive efficiency and financial productivity improvements
is one of the biggest Plastic Recycling Manufacturing Plant in the
Middle East.
• Handle complete books of accounts independently up to completion with zero error tolerance including books of
transaction, cash, A/R, A/P, Payroll, financial reports, statements - analysis, review daily transactions and other related
jobs.
• Administer all documentation in relation to the invoicing and receipt of payment of debtors in keeping with the current
Finance Policy and Procedures.
• Process Payment Vouchers, Purchase Approval Forms, Purchase Orders, Invoices, Credit-Debit Notes.
• Classify and maintain monthly balance sheets, financial statements and quarterly reports.
• Uphold financial reports’ accuracy, completeness and conformance with company policies. Enforce strict control on
financial records to ensure adherence with international accounting standards.
• Perform other Finance tasks such as monthly management account schedules & bank reconciliations.
Credit Control and Debtor Ledger Maintenance
• Manage weekly credit control of outstanding event deposits and post event service invoices on the Debtor’s ledger.
• Oversee invoice and payment processing by the Finance Administrator and ensure the ledger is kept up to date and all
outstanding debtors are collectable.
• Issuing statements of account and reminder letters to debtors.
Preparation of Monthly Management Account Schedules
• Prepared reconciliation of the monthly income to identify income to be included in the monthly management accounts.
• Update and analysis of the monthly expenditure schedules to identify accrual and prepayments to be included in the
monthly management accounts.
• Monitor and review accounting and related system reports for accuracy and completeness.
• Prepare forecast sales for budgeting and analyze variance monthly against actual.
Ledger Account Reconciliations
• Perform periodic reconciliations of selected ledger accounts on a monthly basis.
• Perform detailed account analysis, indentifies account misstatements and courses of action to correct.
Weekly Payroll Cover and Payroll Accounting
• Manage workflow to ensure all payroll transactions are processed accurately and timely.
• Reconcile payroll prior to transmission and validate confirmed reports.
Ad-hoc Accounting & General Duties
• Producing ad-hoc reports and reconciliations as required by the Finance Manager.
• Participating in any other projects, events or activities as directed by the Finance Manager or Managing Director.
• Responds to questions and makes calls regarding billing problems; acts as a liaison between department(s) and
vendors.
• Approve/code all invoices, authorized employee expenses, reconciled bank statements, handling petty cash account and
closely monitor cash/fund flow.
• Perform a variety of accounting functions including examination, analysis, maintenance, reconciliation and verification of
financial records under direct supervision.
• Reconciles financial data for the purpose of maintaining accurate account balances and ensuring compliance with
established accounting practices.
• Monthly book closing procedures and preparing financial statements such as balance sheet, Income Statement, Cash
Flow and comparing the same with previous & Actual Month.
• Monitors budget transactions; Compare Budget to Actual Expenses.
• Liaise with banks, auditors, suppliers, and all third parties dealing with the company.
• Overall Finance Management
• Collecting, interpreting and reviewing financial information
• Predicting future financial trends and forecasts
• Reporting to management and stakeholders, and providing advice how the company and future business decisions might be impacted
• Producing monthly financial reports related to budgets, account payables, account receivables, expenses etc.
• Developing long-term financial models
• Producing, monitoring and managing budgets
• Developing strategies that work to minimize financial risk
• Determining profitability of service lines
• Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition
• Coordinate and direct the preparation of the budget and financial forecasts and report variances
• Prepare and publish timely monthly financial statements
Secure
Insurance Brokers LLC is one of the leading Insurance Brokers in UAE.
Monitoring of receivables
• Reviewed and monitor the ageing report with the receivables team and Management on weekly basis in order to identify
issues and discrepancies in a timely manner thereby enabling quick corrective action.
• Take care and follow up on accounts receivable prepare aging analysis & customer outstanding statements.
• Highlight pending issues, delays & complications to the Management and circulate weekly ageing report to the Bill
collector team & effectively process thereby enabling timely credit hold to safeguard the organization’s interests.
Reconciliation of Accounts
• Provided periodical reconciliation of accounts with customers, suppliers and bank accounts, update on the reconciled
statements and provide corrective actions.
• Reconcile financial data for the purpose of maintaining accurate account balances and ensuring compliance with
established accounting practices.
Issuance of Credit Notes and Debit Notes
• Issuance of credit notes on account of price compensation and promotional activities after checking thoroughly the
supporting documents such as Memo, sales report of the supplier and corresponding debit note copy.
• Perform detailed account analysis, identifies account misstatements and courses of action to correct.
• Carried out Debit note for delay in payment with due approval from concerned authority.
Monitoring of Payments
• Monitoring accounts to ensure payments are up to date and paid within credit time limit.
• Administer timely posting of payments, receipts crediting to the correct account & subsequent application of outstanding.
Proven Job Role
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• Cross check with the underwriters if any PPW involved on cases where the premium are collected on installments/on
liability cases etc.
• Approve/code all invoices authorized employee expenses, reconciled statements, handling petty cash account and
closely monitor cash flow.
• Ensure correct application Vis a Vis remittance details and direct follow up with customer in case of any incomplete
information in the details provided.
GL Closing
• Responsible for closing and opening of periods for control and month end upon completion of annual audit.
• Process accruals and prepayments and calculate various provisions, control of account reconciliation, adjustments &
journal entries.
• Quarterly verification of Fixed Assets, posting entries for addition, deletion & depreciation of fixed assets, manage
balancing of depreciation allocation and accumulated depreciation.
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