Finance Department
Al Mulla Group
Total des années d'expérience :22 years, 2 Mois
Responsible for supervising of all daily financial and accounting activities of various service centres (Invoicing, cash collection & payments), foreign Subsidiary(In Iraq)
Preparation of daily and monthly MIS reporting Profit & Loss, Statistical reporting & analysing the same for management reporting. Budget preparation. Comparison & analyzing, MIS.
Costing of new vehicles, purchase comparison, project costing for new lease contracts
• Presently responsible for all activities in Accounts Payable, accounting analyzing expenses, cash & bank positions, proper control on credit periods and supplier reconciliation
• Matching of Inventory module and Accounts Payable, effective control on purchase, analyzing the item wise purchases and inventory, yearend stock reconciliations.
• Preparation of schedules to Balance Sheet & Profit and Loss accounts for periodic audits, reconciling branch & subsidiaries, interacting with external auditors in completing audits.
• Fixed assets, Purchases capitalizing, additions, deletions & depreciation accounting & Schedules to BS.
• Assisting Finance Manager for the finalization of yearly budget, Cash flow projections, Analyzing & comparing the same with the actual performance.
• Developing new reports and giving training to new users in ORACLE Apps.(ERP).
• Preparing costing & pricing for new projects/contracts in logistics deals analyzing the same with actual performance.
• Planning, organizing and directing the daily operations of all activities in accounts department for the newly formed group, includes preparation of vouchers, monitoring bank accounts, proper maintenance of General ledger and subsidiary ledgers.
• Maintenance of effective internal controls, assure company’s assets are safe guarded and for the reliability of the financial statement. Assets Management with depreciated & amortized value.
• Pay roll preparation, retirement benefits & other employee payments.
• Independently handled financial set up of Division since inception, Creating chart of account as well as Laying down accounting Policies & Procedures.
• Interaction with implementation team of ORACLE Apps 11i, for set-ups, financial and operational requirements.
• Sole responsibility for all financial transactions, new set-ups where ever required, interface and reconciliation of logistics to financial modules in ORACLE Apps 11i.
• Prepare periodical Budget & Cash Flow Projections and comparison with the actual.
• Carry out month end closing, MIS reporting. Report based on Cost centre / Division & consolidation i.e. Profit/Loss, Balance Sheet & Cash Flow, then reporting the same to the management.
• Establishing effective credit control for sale, authenticity of invoices and ensure receivables are recovered on time, communication with Customers
• Basic communication with bank regarding fund transfer, LC, Promissory note, etc.
• Interact with external auditors in completing audits.
• Daily inventory management includes costing and pricing, daily movement of stock and preparation of monthly consumption statement.
• Basic correspondence with international suppliers for order placing, follow up for import documents, liaison with shipping companies, customs clearing and delivery up to warehouse.
• Assisting Finance manager in forecasting the foreign currency requirements, purchases.
• Checking the interface form operational modules (Purchases, Stock, sales & Cost of Sales) to financial module in SACO (AS400) on daily basis.
• Foreign supplier reconciliation and payments, accounting same in multiple currency.
• Preparation of schedules to P & L and Balance sheet. Assets Management with depreciated & amortized value, Communication with bank regarding fund transfer, LC, etc.
• Interact with external auditors in completing audits.
Bachelors Degree in Cost and financial accounting