Chief Accountant / Group Pre-Auditor
Bin Hendi Enterprises
Total years of experience :24 years, 2 Months
BINHENDI ENTERPRISES, DUBAI,
(Leading Retail Business Group in UAE with diversified business interests)
CHIEF ACCOUNTANT / GROUP PRE-AUDITOR
October 2010 to Dec 2013
Reporting to the Board of Directors.
Reviewing Payment Vouchers of the Group Companies such as Retail, F&B, Construction, Interior Decoration, Real Estate, Media etc (which includes about 100 retail outlets).
Reviewing and clearing documents and cheques for payments amounting to several Millions of Dirhams every month.
Reviewing Pay rolls of around 1500 employees every month.
Ensuring that the payments made are due, proper accounting entries are made / liabilities created, completed due diligence, supported with relevant approved documents and reconciliation.
Development of accounting policies and procedures and suggesting requirement of documentation for critical payments.
FEDERAL EXCHANGE (Part of BINHENDI GROUP, DUBAI, UAE)
CHIEF ACCOUNTANT
Reporting to CFO.
In-Charge of Accounts ( Six Branches)
Budgets, Auditing, Monthly PNL, Cash Flow Statements etc for Management, Banking Arrangements etc.
Monitoring Cash / Funds movements on a daily basis.
Ensuring strict compliance to Central Bank rules and regulations.
One of the joint signatories.
VERTEX SECURITIES LTD, INDIA
(VERTEX is one of the foremost brokerage houses, being a member of various exchanges in the capital and commodity markets. A member of the National Stock Exchange of India (NSE), the Bombay Stock Exchange etc)
FINANCE MANAGER September 2004 to September 2010
Responsible for the Branch (online trading for Commodities, Equities, Derivatives & Mutual Funds) and accounts Department. Thorough with the accounting policies and in constant inter-actions with the clients and principals
Analyzing financial soundness of interested companies for recommendation to clients (Comparing Balance Sheets, Profit & Loss Accounts, Return on Investments, Projections Vs achievements etc.)
ARENCO Real Estate Group, Dubai.
A Multinational and well established Group of Companies in the U.A.E having interest in Real Estate, Construction, Manufacturing, Hospitality, Car Rental etc
CHIEF ACCOUNTANT / GROUP PRE - AUDITOR December 2001 to February 2004
Reporting to the Director (Finance).
Verifying all payment vouchers and pay rolls of group companies and forwarding it for final signature.
Vouchers and pay rolls are verified with the support of budgeted figures, previous month figures and related documents like management approvals wherever required.
Variations from normal payment procedures are thoroughly investigated and clarified with concerned chief of accounts.
Vouchers with comments and recommendations are forwarded to Management wherever their personal attention is required.
Assisting the Group Finance Manager in analyzing critical accounts and forwarding suggestions.
Remains always in constant inter-actions with Finance Managers and Chief Accountants of Group Companies.
CHIEF ACCOUNTANT
Dubai Furniture Manufacturing Co (ARENCO GROUP) April 2000 to December 2001
(Well reputed Manufacturing and Distribution Company engaged in the field of Mattresses and other Sleeping Products)
CHIEF ACCOUNTANT
Pizza Corner Restaurants Group (ARENCO Group) November 1991 to April 2000
(A chain of 7 ‘A’ Class restaurants of Inter National Standards under ARENCO Group)
Job Profile
Reporting to Board of Directors
Responsible for Monthly Financial Reports, Cash-Flow Management, Pay Roll and Extensive Product Costing.
Other duties include Liaison with Banks and Auditors, Cost Control, Credit Control and Stock Control.
PIONEER SHIPPING AGENCY- Al Sharaf Shipping Group, Dubai, UAE.
(One of the major Shipping Agents in Dubai handling a number of reputed Inter National Shipping Lines)
SENIOR ACCOUNTANT April 1989 to November 1991
Reporting to the Finance Manager.
In-Charge of Accounts. Duties include preparation of Monthly Profit & Loss Accounts, Cash-Flow, Disbursement Accounts, Liaison with Banks & Auditors and Credit Control.
Bachelor of Commerce (specialized in Advanced Accounting & Auditing.