Assistant Manager-Finance
Shaikhani Group
مجموع سنوات الخبرة :16 years, 5 أشهر
Examining and evaluating financial and management standing then accordingly generating reports therewith.
Ensuring adherence to contract terms & conditions with supplier/contractors/consultants, with the objective of protecting the company from financial risks.
Ensuring that retention percentages & amounts payable from the contracted jobs are as per contract & accurately represented in the financial statements.
Proper verification of project expenses vis-à-vis allocated budget & any variances are highlighted to the Finance Manager.
Timely & accurately recording all accounting adjustments, such as prepaid expenses, advances, provisions/accruals, etc. to reflect the true financial health of the company.
Carried out journal entry preparation, various accounts posting to general ledger, reconciliation, AP/AR handling including other related duties therein. Preparing monthly closing schedules, depreciation records and various financial reports like sub-ledgers and balance sheet accounts.
Preparing projected cash flow statements, managing Fixed Assets and maintaining balance sheet accounts. Safeguarding strict adherence to approved limits and set policies of all payments/commitments for capital or revenue expenses.
Monitor and control preparation of monthly payroll and benefits for all staff.
Assisting with the development of the annual budget and quarterly forecasts in coordination with various business unit heads
Examining budget variances then accordingly provide remarks therein after obtaining justification from business unit heads.
Assisting with the implementation of VAT as per rules & procedures of Federal Tax Authority.
Coordinating with the sales, marketing, customer service, HR, projects and admin departments for financial matters.
Handling project wise adjustments, making sure those don’t affect cash flows & inventory available for ongoing projects.
Liaising with external auditors for semi-annual/annual RERA & financial accounts.
Upholding relations with company’s bankers.
Managing project Escrow accounts, having working knowledge of account trustee & RERA reporting in accordance with RERA policies & procedures.
Initiating financial & oqood requests through TAS (trust account system) DLD, follow up & resolve queries (if any) to complete the procedures.
Coordinating with account trustee with reference to project payments, RERA reporting, updating TAS (trust account system) regards to customer receipts & statements from account trustee.
Prepared financial statements in compliance with IFRS and preserved all subsidiary records.
Constructed and executed L/C then accordingly followed the same and settled it with bank.
Arranged and forwarded order acknowledgement to customers and followed up customers with outstanding balance.
Instituted system of internal controls for inventory and purchases.
Carried out finalization of trial balance and prepared bank reconciliation statements.
Rendered general ledger management.
Handled petty cash and controlled inventory.
ACCA
