-Startup Consultant – Finance / Operation
Desado.com
مجموع سنوات الخبرة :12 years, 3 أشهر
Jabbar Internet Group is amongst the leading e-commerce group of companies based in Dubai, Sukar.cm and Life General Trading LLC in the first e-trading company in the Middle East having offices and warehouses across the region
Key Responsibilities:
• Devising and implementing financial policies, systems and procedures to enhance the company’s financial sustainability and growth.
• Instrumental in designing the overall accounting system in the department, thereby cooperating with the directors in designing and applying the company processes and operations flow maps in adherence to company laws.
• Formulating business and annual budgets of the department, thus analyzing the weaknesses and suggesting corrective measures to improvise the weakness and enhance the strength in the organization.
• Communicating effectively with the departmental managers for updating and preparing the monthly forecasts, thus managing the cash flow in line with the pre-established company budgets.
• Accountable in overseeing the monthly closing process of accounts to ensure proper entry of all the transactions in the books of accounts and avoid any discrepancies.
• Pioneering in all the annual accounts preparation with the auditors (Deloitte), simultaneously coordinating all the external and internal company audits on a regular basis.
• Influential in drafting regular reports as per the requirement by the global investors in the United States and conducting inter company netting reconciliations and cross charging with other subsidiaries where ever applicable.
• Keeping abreast of all pertinent legislation, rules, regulations that may relate to organizations financial affairs functions.
Emirates A. Group, is a Group of Companies, actively involved in investments, real estate, hotels, legal services and construction activities encompassing the complete Middle East region
Key Responsibilities:
• Managed and oversaw all accounting/ financial disciplines of the group, including financial budgeting/forecasting and management reporting, in alignment with company’s policies/procedures.
• Inspected and appraised the overall accounting system in the group, consequently participated in developing the internal financial system procedures and policies of the company.
• Oversaw the preparation of annual operating and capital expenditure budgets, cash flows, business plans for the group companies in alignment with accounting laws.
•Liaised with banks and financial institutions for negotiating facilities for the group and augmenting profits thus coordinated with all the business units and reviewed the monthly financial results/reports prepared by each business unit and accordingly compared performances with budgets and previous year’s actual expenses.
• Performed regular visits to the units/branches to review the overall accounting and financial controls and related aspects, hence coordinated with the external auditors to shun duplication of efforts.
• Originated annual budgets, performed variance analysis and compared actual results with defined budgets whilst ensured affirmation with business strategies.
Parma Foodstuff is involved in providing first-class food stuff by importing the same from Italy and other European countries thereby providing the food stuff to regional and international five stars restaurants and hotels and prime local/regional supermarkets.
Highlights:
• Proactively participated in evaluating the company’s value during the merger with VESTEY Investment Group.
• Spearheaded a team of six members of the staff.
Key Responsibilities:
• Handled the financial operations of the company, prepared monthly financial/ management reports, financial statements and annual balance sheets in compliance with company procedures.
• Streamlined and controlled budgeting processes, ensured its timeliness, accuracy and consistency, analyzed variance and suggested corrective actions.
• Developed and administered the annual budget, forecasted financial expenditures for staffing, equipment, materials and supplies, monitoring and approving expenditures.
• Handled accounting tasks related to petty cash, account receivable and account payable ensuring accuracy, speed/efficiency and oversaw collection of all outstanding receipts.
• Submitted periodical reports to the senior management, highlighted possible anomalies, underlined causes and recommendations to circumvent bottlenecks and enhance work flow.
ADEZ, an education region of the city of Abu Dhabi - UAE, established in 1980 as a complimentary organization to the UAE Ministry of Education responsible for issuing permits to educational establishments and supervising school curriculums and programs.
Joined as Major member in Purchasing Committee and progressively worked up the hierarchy to merit promotion to the position of Chief Accountant.
Designation Chronology:
• June 2001 - December 2004: Chief Accountant
•January 2001 - January 2002: Major member in Purchasing Committee as member for all Model Schools in Abu Dhabi,
Key Responsibilities :
• Planned, organized and evaluated all accounting procedures and policies to ensure transactions are efficient/ effective, accounting is accurate and complete.
• Equipped Model Schools with the annual financial statements for the year 2001-2002 and designed/ reconciled expenditure and revenue accounts as per the company regulations.
• Organized audit schedules for external auditors and drafted reconciliation statements of cash/bank accounts to identify accounting discrepancies and provided periodic reports to the senior management.
• Assisted with day to day operations of the accounting department, identified, analyzed and resolved accounting discrepancies and ascertained that all policies and procedures are aligned with the organizational goals.
• Reviewed and devised monthly financial, income statements, balance sheets, internal audits, cash flow projections and profit/loss to reduce cost and budget compliance.
• Prepared monthly management report to support auditing and operational purposes encompassing budget variance reports, follow-up and documentation of major variances to aid corrective actions.
Previous Professional Experience:
• January 2001 - January 2002: Major member in Purchasing Committee as member for all Model Schools in Abu Dhabi, ABU DHABI Educational Zone (ADEZ), Abu Dhabi, United Arab Emirates
• October 2000 - June 2001:Accountant, Pistach, Abu Dhabi, United Arab Emirates
