Finance Manager
Ideascape Marketing & Communications FZC
Total years of experience :21 years, 11 Months
Responsible for the Managing Finance & Accounting, New Investments, Cash Management, AR & AP, MIS Reporting
Analyze current and past trends in key performance indicators for the Operation divisions including: revenue, cost of sales, expenses, statistical metrics
Assisting the Director in generating revenue and business by identifying potential existing customers and developing relations for prospective business, researching and recommending new opportunities and business expansion avenues
Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance
Supervision of Financial Analyst & clerical staff.
Ad-Hoc Reporting and Analysis, Quarterly and Monthly Financial reports
Analyze complex financial information and provide accurate and timely financial recommendations to management for decision making purposes
Supporting Senior Management Team and Departments heads with in-depth analysis
Reconciling and resolving client outstanding; overseeing, documenting and following-up on client budgeting, vendor costs, billings and media plan reconciliations
Serving as the primary day-to-day finance contact for the Media Planning and Marketing team
Coordinating with the Marketing team to forecast, record and analyze revenue and client cash flow
Reformed the Financial Structure of the company for precise data and reports
Deployed new policies and procedures to increase profitability by examining and evaluating the overheads, capital management, cash flow through optimum cost control
Responsible for managing the entire accounts & finance activities including Budgeting, Forecasting, MIS Reporting, Financial Closing, General Ledger, Cash Flow Planning and Payroll for the Group comprising of 10 companies with over 200+ employees and having business activities into Retail Sales, Wholesale, Publishing & Printing, Uniform Manufacturing, Consumer & Food Products, High-end fashion dress materials, Emirates International Literature Festival, Warehousing, Real Estate, Franchisee, Online stores, Fairs, Boutique
Supervised and managed a team of 10 - handling daily Accounts Receivable; Accounts Payable; Cash management
Prepared and processed the monthly Staff Payroll, Staff Final settlement, Airfare, Leave salary as per WPS standard
Ensured adequate inflow and outflow of funds within the local and international banks through 3 years/ad hoc cash flow projections; Formulated and analyzed variances to determine and implement corrective actions by regular interactions with the banks
Structured Annual Operational Budget and implemented control measures to contain expenses within defined limits
Formulated segmental reports, analysis and related metrics to monitor operational and financial performance for strategic feedback and planning
Coordinated and managed preparation of month-end, quarter-end & year-end financial statements to ensure effective reporting of the financial position & organizational performance of the companies
Examined & evaluated financial records, management procedures and internal controls; Developed and discussed findings, recommendations and timelines for implementation of corrective action plans of operations audited and monitored the implementation status of agreed recommendations
Managed P&L decisions and lead revenue as well as cost analysis to provide insights for sales, marketing and manufacturing productivity
Implemented effective systems, monitored various overheads to achieve optimum cost control and instrumentally delivered all financial modelling to provide critical financial & legal information
Established KPI’s and initiated technical support to the commercial and sales team, managing financial, due diligence and business related analysis of mergers and acquisitions
Ensured effective external audits and reviews maintaining appropriate documentation, with a view to meet all regulatory requirements and deadlines; Enforced strong internal control and corporate governance by leading integrity and ethics functions to emphasize governance as a value-driven, ensuring adherence to IFRS standards
Deftly managed treasury function involving optimum utilization of surplus funds in profitable investments to achieve higher returns; ensuring minimum liquidity position
Performed feasibility studies for new investments (new stores or revamps in existing) and contributed in commercial and strategic decisions with comprehensive financial analysis
Successfully implemented, managed and controlled the ERP system and Business Intelligence Tools for the companies - key responsibilities being: monitoring COA, authorizing accessibility of users, creation of new accounts, finalization, closing of periods, updating of financial records, creating reports, inventory management, approving purchase orders
Provided Financial, ERP and Structural training to staffs and the management team
Developed customized excel formulated files to record supply chain and profitability for different sections of the business development teams and was also responsible for the monitoring and controlling of the data
Liaised on financial matters with our major International suppliers located in UK, US and Other European Countries
Prepared and Coordinated for seasonal wholesale business tenders and supply contracts
Assisting Senior accountant in the day-to-day accounts work
Billing Transactions
Tracking movements of the Companies Tugs and Barges
Generating accounting reports
Specialisation - Costing