Finance Manager
DAR Al Riyadh Consultatants
Total des années d'expérience :30 years, 7 Mois
Checking of monthly invoices raised on Client and also raised by Sub Contractors
Handling petty cash
Preparation of Budgets and forecasting and checking for variances between actual and budgeted
Preparing cash forecasts
Chasing with contractors for deliverables
Generating project status reports, client reports, financial reports and resource reports
Arranging for time sheets for all project staff and keeping all documentation with regard to staff that is joining reports, client approvals and staff leave approvals
Revenue forecast for the project
Approval of Vendor Invoices for the project
Complete accounting tasks for finance department including Accounts Receivable and Accounts Payable, Handling audit, Filing of VAT returns, Month end reports, Cash forecasts, laising with banks and bank reconciliations and project accounting
Month end entries in the books of accounts.
Month closing procedures, ensure that all closing entries have been passed in the books.
Generating invoice for services provided for clients like Department of Transport, RTA and Warner Brothers
Handling all petty cash transactions including the expense reports for staff and accounting in accounting system
Handling Accounts Payable and Accounts Receivable and booking of accounts payable and receivable vouchers in the accounting system
Bank reconciliations at the month end.
Attending to Auditors
Vendor and Customer Reconciliations
Payroll preparation and Disbursement of the same
Preparation of Weekly Cash Flow Reports
Preparation of Weekly Accounts Receivable Reports
Project Accounting
Month end entries in the books of accounts.
Month closing procedures, ensure that all closing entries have been passed in the books.
Generating invoice for services provided for group company.
Handling all petty cash transactions
Assisting in the Preparation of Budget for the Company
Bank reconciliations at the month end.
Attending to Auditors
Vendor reconciliations
Checking the vendor invoices and passing the same for payment.
Preparing Cash Flow Projections every week.
Timely submission of Time Sheets to Dubai Office for
processing the payroll.
Checking and approving the expense reports for staff and
forwarding the same for payment.
Handling all petty cash transactions
Preparation of Budget for the project and periodic review of
budget with actuals and reporting to the management the
variance and also causes for variance.
Ensure the existence of proper internal controls and make sure that all staff is aware of systems or procedures
Checking the vendor invoices and passing the same for payment.
Reviewing cash flow projections of various sites and
consolidating the same.
Preparing Cash Flow Projections for Dubai Office and forwarding the same to Head Office on weekly basis.
Creating bank master in the system and periodic review of the same.
Attending to both Internal Auditors and External Auditors.
Updating sub contracts in sub contracts module and reconciling the same with the system on a quarterly basis.
Assisting Site Offices on various issues such as payments, documentation, cash flows and accruals.
Training new staff as well as site personnel on various accounting aspects.
Formulating Process Time Charts for Sites and Dubai office and finding out causes for delay in processing payments.
Verifying accruals for sites and forwarding the same to Head Office on monthly basis
Updating books of accounts including Bank Debits, Bank Credits, Passing relevant Journal Entries and Month Closing.
Handling petty cash and processing payments to Trade Creditors as well as Non Trade Creditors.
Invoicing for materials dispatched and payments follow up.
Conducting payroll calculation and providing end of service and leave benefit calculation and disbursements.
Attending to IT issues and coordinating the same with IT Service Provider.
Coordinating with Bank for LC’s, Bank Transfers, Bank Position and Guarantees.
Preparation of Budget for Five Years
Timely submission of MIS Reports every month with accuracy
Checking the Bills, Processing Payments to Trade Creditors as well as Non Trade Creditors.
Handling Petty Cash along with opening Import LC’s, Accepting Bank Acceptances and Bill of Exchanges drawn by Import Creditors for Import purchases.
Co-ordinating with banks’ for Export LC’s, Import LC’s, Amendments for both Export LC’s and Import LC’s, Bank Position, Shipping Guarantees, Forward Covers, Import Documents and Fund Transfers.
Checking the Foreign Tour Bills and forwarding the same to higher authorities.
Updating books of accounts and finalization of accounts.
Auditing the accounts
Supervision of audit work undertaken by new article clerks
Highlights
Led the team of five article clerks
Handled timely completion of audits and finalisation of accounts with accuracy
Preparing MIS Reports and Compilation of MIS Reports of Sister Concerns and branches at the end of every month.
Checking of Purchase Orders prepared by Purchase Department and releasing the same only if they fulfil required norms set by the company.
Supervising jobs undertaken by subordinates with regard to petty cash payments, payments to trade creditors and non trade creditors.
Led the team of 3 local accountants
Visiting branch office at Salalah every month to verify the accuracy of accounting transactions
Handling Payments
Handling payroll
Stock Checking
Handling audits
Finalisation of accounts
Handling accounts
Supervision of audit work carried on by junior article clerks
Filing Income Tax returns and preparing income tax schedules
Also passed CA Intermediate Group 1 in the year 1996