ALTAF AHMED, SENIOR FINANCE MANAGER

ALTAF AHMED

SENIOR FINANCE MANAGER

FLORIS CONSTRUCTION

Location
United Kingdom - London
Education
Master's degree, MBA -Accounting & Finance
Experience
28 years, 6 Months

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Work Experience

Total years of experience :28 years, 6 Months

SENIOR FINANCE MANAGER at FLORIS CONSTRUCTION
  • United Kingdom
  • My current job since November 2005

Major Responsibilities
♦ Preparation of monthly Financial & Management Reports
♦ Budget Forecast and Cash flow projection
♦ Preparation of variance reports and analysis the variances
♦ Liaison with Internal and External Auditors
♦ Prepare and monitor contract revenue
♦ Monitor subcontract cost and verify the billing
♦ To finalize reconciliation's for Assets/liabilities accounts.
♦ Ensure that an effective and efficient follow-up system is established for Multi Currency
Accounts payable and receivable, prepaid expenses and reserves for expenses
♦ To arrange various currency requirement for the payment.
♦ To Supervise Payroll, Payable, payments and Fixed Assets

ACCOUNTING SECTION HEAD at GULF INTERNATIONAL BANK B.S.C. - (Commercial and Investment Bank)
  • Saudi Arabia - Riyadh
  • March 2000 to June 2005

Major Responsibilities
♦ To setup Accounting section, streamline and implement policies & procedure.
♦ Preparation of Monthly Management Accounts & reports
♦ Preparation of Budget variance report and analysis the variances
♦ Preparation of the Non-Performing Loan Report and reconcile it with Risk Management
♦ To Assist the Deal team and Investment team with P&L and GL
♦ Liaise in Budget Preparation & Monitoring
♦ To setup & control Fixed Assets Records as per policy
♦ Monitoring of Bank fixed assets investment budget
♦ Monitoring and controlling various expenses in line with Bank Policies
♦ To ensure that an effective and efficient follow-up system is established for A/c Receivable, a/c payable, Prepaid Expenses and Reserves for Expenses.
♦ To supervise staff and assist in handling their daily responsibilities and provide solution to the problems/disputes

CHIEF ACCOUNTANT at ABV ROCK/SAUDI ABV GENERAL CONTRACTORS CO. LIMITED
  • Saudi Arabia - Jeddah
  • July 1995 to March 2000

Major Responsibilities

♦ Preparation of monthly consolidated financial statements for Management
♦ Prepare and monitor contract revenue.
♦ Monitor subcontract cost and verify the billing.
♦ Budget Forecast and Cash flow projection
♦ Control of Banking Facilities, Cash Management, Guarantees & L/C's
♦ General ledger review and reconciliation's with subsidiary records
♦ Control of Fixed Assets inventory & Valuation of Stocks
♦ Preparation of Returns for Department for Zakat and Income Tax
♦ To Supervise monthly payroll of in excess of 4500 staff and workers

Education

Master's degree, MBA -Accounting & Finance
  • at UNIVERSITY OF GREENWICH
  • June 2007

♦ Master of Business Administration (MBA) in Accounting & Finance. ♦ Bachelor of Commerce ♦ Certificate in Accounting for Islamic Financial Institutions from CIMA UK ♦ Certificate in Book-keeping from London Chamber of Commerce. ♦ Anti-Money Laundering Awareness Training from Bahrain Institute of Banking & Finance

Specialties & Skills

Budgeting and Forecasting
Financial Analysis
Financial and Management Reporting
Cash Flow
ACCOUNTING
BILLING
BUDGET PREPARATION
FINANCIAL STATEMENTS
FIXED ASSETS
GENERAL LEDGER

Languages

Swedish
Beginner