Finance Manager
Fast Zone Interiors (An Al Otaiba Group of Cos
Total des années d'expérience :27 years, 9 Mois
(Contracting company -undertaking Projects of fit outs, landscaping, swimming pool, MEP works)
•Fund Management, Budgeting, Project cash flow, Payment certification, Local work order to Sub -Contractor
•Monthly closing of account and submission of P&L and Balance sheet, Project exp,
•Payroll & process WPS, Sales commission & incentives, controlling of Gen/Admin expense.
•Daily monitoring Bank accounts, managing Fund allocation for material procurement.
•Receivables and Payables management -Price Negotiation-fixing the Credit terms.
• Finalization of Accounts & quarterly closing procedure.
• Policy wise/branch wise/sales man wise policy commission report , Fund management, Daily collection report etc.
• Submission of documents to insurance Authorities, concurrent Auditing procedures.
• Calculation of policy commission, Reconciliation of insurance co accounts, cancellation of policy & commission etc
(Pioneer Printing/Publishing/media- having printing houses, Leather &Gift manufacturing, Luxurious Paper Bag Unit)
•Finalization of Accounts and prepare consolidated P&L, B.sheet
•Successfully managed monthly sales & collection reports (sales & customer wise) with GP ratio
•Coordinated with insurance co to open vehicle/fire/burglary/marine policies.
•Monitored financial activities of a Trading Division & 3 printing houses
•Payroll for more than 200 workers and WPS processing, calculation of Lsalary, Terminal Benefits of Employes.
•Bank facility management(LC, TR, LCD, Overdraft, Bank Guarantee etc)
•Involved in the preparation of: LC application and liaising with the bank to establish the LC
•Coordinated with auditors for yearend Audits and interact for necessary audit recommendations
(UK based co. dealing Beauty products & Textile Business in African Region)
• Ensured the maintenance of books of accounts of 2 International Branches in Africa and UK Head Office
Private Banking Co having Branches in all over India)
•Efficiently managed the processing of Chits, Deposits & Short Term Loans
•Successfully handled calculation of fixed Deposit, Term Loan, auction discount &monthly instalment
•Deftly handled interest calculation of various deposits & loans
Significantly conducted Internal Auditing of various businesses concerns
•Effectively managed preparation of Receipts & Payments A/C and Income & Expenditure A/C
Accountancy and costing