Finance Manager
Aston Martin Dubai
Total years of experience :27 years, 4 Months
• Providing Company Directors with accurate financial information, Management accounts and data analysis
• Interpreting financial information and data.
• Ensuring that strong financial controls and procedures are in place.
• Preparation of monthly Management accounts.
• Assisting with budgets and forecasting.
• Identifying the potential for making financial savings.
• Working closely with the IT team to ensure all financial data is secure
•Preparing periodic financial statements, including profit and loss accounts, budgets, cash flows, variance analysis and commentaries.
•Reconciliation of Bank, Suppliers and Customers Account
•Controlling operational expenditures.
•Periodical review of accounts receivables/ payables.
•Ensuring the booking of expenditure under correct Accounting Head.
•Assisting Financial Controller and CFO with preparation, review and analysis of Financial Statements.
•General accounting functions, including operation of the general ledger system,
Journal entries.
•Closing with full responsibility of Account Receivable, Account Payable, Payroll and Fixed Asset functions.
•Review and supervising the day-to-day work of Accounting Department staffs(13 People)
• Daily Bank deposit verification.
• Receivables and Payables.
• Sales Order release- Credit Control.
• Sales Executive Incentive calculation and Dealer rebates.
• Bank Reconciliation.
• Month end closing entries- Depreciation, Pre-paid Expenses, Payroll, Accruals.
• Cash Flow Statement, Bank Reconciliation Statements.
• MIS Reports- Sales, Gross Margin, Cost, Expenses, Budget Variations, Board Reports
•Implemented Strict budgetary control measure there by drastically reduced the cost in F&B, House Keeping and Payroll.
•Improved commercial performance of hotel by increasing turnover and maximising profitability.
•Ensured maximum collection of Receivables within credit period limits.
•Prepared MIS Reports on weekly and monthly basis to submit to the owners.
•Finalised books of Accounts in time to facilitate Yearly Audit
•Conducted Internal, Branch and Statutory Audits and Prepared Audit Reports of various organisations.
•Prepared Financial Statements required by Financial Institutions to obtain loans, cash credits etc.
•Wrote Books of Accounts for different Organisations.
•Prepared contracts, purchase agreements.
•Prepared fund flow and cash flow statements
•Independently handled the Preparation of Payroll of 480 employees- salary/over time/trip allowances.
•Preparation of salary transfer letters to Bank, manual salary distribution.
•Account Receivables and Petty cash.
•Daily Cash deposits into Bank and verification of same with the Daily cash sales r
As per the regulations of The Institute of Chartered Accountants of India, worked as an Articled/Audit clerk and got exposure- NGO Audit, Bank Audit. Preparation of Trial Balance, Profit and Loss Account, Balance Sheet and Financial Notes
