Finance Manager
EMCOR Facilities Services LLC
Total des années d'expérience :23 years, 4 Mois
Role Across Assignments:
Since Jan’15 - Till Date: Finance Manager, Dubai
Aug’10 - Dec’15: Chief Accountant, Abu Dhabi
• Formulating & implementing policies, procedures and internal control systems for effective financial operations, supported by a team of 7 members
• Preparing short & long-term financial plans and budget (CAPEX & OPEX)
• Managing the preparation & finalization of monthly, quarterly, half yearly and annual financial statements such as Profit & Loss Account, Cash Flow Statement, A/R & A/P Aging Reports and Cost Centre Report
• Monitoring maintenance of other records such as general & subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses, and insurance records
• Developing, analyzing & implementing budgets; monitoring budgets for deviations, conducting variance analysis and making recommendations
• Ensuring timely realization of debtors and monitoring payments to vendors; tracking all expenditures, purchases, encumbrance, receipts, and receivables; verifying pending GRNs, pending supplier invoices for booking and pending LPOs and take necessary actions
• Making month-end adjustments entries like pre-paid expenses, provisions, depreciation to determine trends & make changes
• Facilitating the smooth execution of all legal contracts & financial covenants including treasury activities
• Monitoring preparation of financial reports (MIS) that summarize & forecast the organization’s financial position on maximizing profits
• Supervising preparation of CTC details; ensuring compliance of headcount wise,
• project wise and service wise profitability with the forecasted budget
• Ensuring timely output of month-end closing activities by segregating duties and responsibilities of staff
• Finalizing audit schedules for internal & annual statutory audits; coordinating preparation of external audit materials
• Headed accounting functions for prestigious, multi-million dollar projects of King Abdullah University Science & Technology (KAUST)
• Successful track record of serving as Finance Business Partner and supporting decision making by senior management through exceptional contribution to the functions of financial planning & analysis, financial forecasting, budgeting and financial performance tracking & control
• Conducted analysis & quantitative research of company financials (such as P&L, Working Capital, Cash Flow, Product Volume Variance, Margin Management, Manufacturing Cost, Sales, Finance Cost, Depreciation, EBIDTA, PBT and PAT)
• Monitored the preparation of financial reports, such as Profit & Loss Account, Balance Sheet, General Ledgers and Monthly & Annual Profitability Report using JD Edwards Accounting System
• Successfully reconciled around 156 ledgers
• Created budget and conducted analysis of variance between budgeted & actual; monitored cash flow and forecasted requirement of funds
• Created robust financial & management reporting system that summarizes & forecasts the organization's financial position
• Developed Fixed Asset Register, including depreciation and provided inputs for capitalization/expensing of outlays & grouping of fixed assets
• Ensured timely processing of payments under various categories such as sub-contractors’ bills, payroll, advances, leave, final settlement, utility bills, shareholder’s payments, so on
• Supported year-end audit (internal/external) and compliance requirements
• Analyzed costs and treasury forecasts; ensured correct booking of revenues
• Set-up & managed accounting functions for Qatar Olympic Committee (involving 50 sub-contractors)
• Established & implemented ERP System within a span of 6 months
• Consolidated monthly management accounts using JD Edwards System
• Generated monthly financial statements including balance sheet, profit/loss statements, and accumulative general ledger
• Ensured that all general ledger accounts were reconciled to subsidiary records on a monthly basis; prepared monthly closing general ledger entries
• Developed & maintained financial record keeping and reporting systems
• Tracked inflow & outflow of funds; monitored cash flow of the company and forecasting funds required for capital expenses
• Administered billing, receivables, payables, cash receipts, cash disbursements, and general ledger functions
• Followed-up on receivables outstanding for long periods of time
• Tracked revenue and costs of all projects
• Fostered agreements with clients, sub-contractors and service providers
• Performed analysis of extend cost and costing for tendering
Responsibilities:
• Finalized accounts including Trial Balance, Profit & Loss Account, Balance Sheet, Cash Flow Statement, A/R & A/P ageing reports as per Group Accounting Policy & IAS (International Accounting Standard)
• Delivered monthly, quarterly, half yearly and annual reports to MD, including Income Statement, Balance Sheet, Cash Flow Statement and Statement shows changes equity with comments according to the BAS
• Calculated various metric such as Cost, GP, NP, NPV, BEP and ROI
• Advised on VAT and other Tax related matters
Responsibilities:
• Prepared & finalized accounts for KFC, Pizza Hut, A&W and Pepsi projects
• Developed primary statement and comments for reporting to the Manager
• Enabled smooth processing of matters related with banks, VAT, Taxation and other duties; created annual budget
• Undertook reconciliation and reporting of inventory
Modules/Specialization Subjects: Finance Management Operations Research and Management Human Resource Management Marketing Management Principles of Management Management Accounting Managerial Economics Business Ethics and Corporate Governance Organisational Behavior International Business Financial Institutions and Financial Markets International Financial Management Security Analysis and Portfolio Management
Modules/Specialization Subjects: Financial Management Business Policy and Procedure Marketing Management Human Resources Management
Modules/Specialization Subjects: Personnel Management Mercantile and Industrial Law Production and Marketing Management Industrial Psychology Managerial and Development Economics Statistics Business Communication and Secretarial Practice Macro Economics, Money and Banking and Public Finance Structure and Development of Bangladesh Economics Advance Accounting and Costing Auditing and Income Tax Principle of Management Principles and Practice of Accounting Micro Economics and International TradE
Achieved 1st Division on Secretarial Science
Achieved 1st Division on Social Science