Sr. Finance Execuitve/Administrator
Dubai Healthcare City Community Management FZ LLC(Govt. of Dubai)
Total years of experience :21 years, 6 Months
Financial Management of Jointly Owned Properties & Master Communities.
Budget Preparation as per RERA Guidelines & Policies.
Complete Mollak Management-upload of Budget/Issue of Invoices etc.
Owners Association Meetings/Vendor Management & Negotiation/PR
Manage Issue of Service Charges/collection/Cost control.
Vendor Payment/Utilities payment through Escrow Accounts.
Owners/Customer Management
Manage VAT Filing.
Escrow Account Management & Reconciliations.
Manage Closing of the Books & RERA Audits/ MIS Reports and Dashboard.
Manage Financial activities using Mystrata(Urbanize) & Oracle R-12.
Completed FTA registration of the Management company, Implementation of ERP Urbanise & registration of the Management company & Projects in the DLD Mollak system.
Ensure that all business transactions Business Transactions are accurately recorded in the System.
Cash & Bank Management, Bank, Accounts Payable & Accounts Receivable Reconciliation.
Preparing monthly cash flow & other MIS Reports.
Intercompany Transactions & Reconciliations.
Manage Modules AP/AR/GL .
Responsible for Monthly/Yearly Closing, Accruals, Prepaid expenses/Income etc.
Preparation of Budget and submission of Comparison of actual Vs budgeted result variance report with commentary to the management.
Managing Fixed Assets movement.
Performing various duties like VAT Filing, monthly Payroll Process/Adv Salary Recovery, End of Service Settlements.
Balance Sheet & Income Statement Reconciliation & financial reports based on horizontal & vertical analysis results for the management prompt review.
Supporting internal and external auditors by preparing accounting schedules and responding to audit queries.
Managed All Accounting Activities of the Business.
Quarterly systematic closing of Books with Balance sheet & Income statement Reconciliation.
Budgeting & Forecasting.
Vertical & Trend analysis/ Working Capital Gap Analysis with root cause analysis.
Managed Payment Follow up & Collection with Debtors & Creditors Ledgers Reconciliation and Bank Reconciliation on monthly basis.
Proactively interact with the Vendors & Customers to ensure timely updating of the accounting records .
Monthly Payroll Process & Reconciliation with Advance Deductions, Final Settlements etc.
Smooth completion of the statutory & RERA audits
Project Cost analysis & Reports, Issue of Unit Clearance Letter during Handover Process.
Managed treasury including Domestic Letter of Credit (L.C.), Bank Guarantee, and Funds Movement.
Managed Tagging, Recording, Addition, Retirement, and Disposal of Fixed Assets as per Company Policy.
Worked with the internal auditors during financial and operational audits.
Preparation of Company’s Statutory Accounts in compliance with GAAP/IFRS/IAS
• Managed All Modules of Accounts AP/AR/GL/FA & Procurement.
• Daily Recording & Verification of Sales & Vendor Invoices/Receipts/Payments etc.
• Managed Daily Cash Management/PDC Management & Bank Accounts.
• Manage Local & International Letter of Credit(LC), Trust Receipts(TR) & Bank Over Draft.
• Quarterly & Yearly Closing Schedule Of Accruals/Prepaid Income & Expenses etc.
• Managed Books till Finalization & Complete Statutory Audit.
• Negotiated with Local & International Vendors for Raw Material.
• Implementation of New Financial & Procurement System to streamline Financial & Procurement transactions accurately.
• Implementation of Full FIFO Basis Inventory & procurement system.
• Shifted Manual Accounting & Procurement system to ERP (GRN, MRN & Finance Transactions).
B.Com(Honours)