Firoz Khan

In Charge of Accounts for Travel Division. Overall responsible for Accounting & Finance related jobs. Eg. Receivables, Payables, Financials, MIS Reports & Presentation for BOD Meeting

Job description : Managing Receivables, from ensuring frequent delivery of Invoices/ Outstanding
Statements, Collection and resolving disputes, receivable meetings with sales in
Charge. Reporting Top Management with receivable ageing & projected collection.
Payables : Managing smooth payment flow in co-oridnation with the payable in
Charge and suppliers, allocating fund. Reporting to Management with scheduled
Payments and requirement of fund (if required)
Month end closing, preparing productivity, profitability, variance analysis
Reports with reasoning and corrective measures taken/ to be taken
Preparing Annual Audit requirements, lead schedules, coordinating with auditors
Facilitating Field audit and further queries
Preparing various productivity reports, sales/margin variance analysis, expense
variance analysis and keeping the Management with vital informations and reports
with logical reasoning to enable them to take proper decision on right time and
attending BOD Meetings with Powerpoint presentations with data and creative
suggestions and comments about over all and invidual performances and guide
lines.

Job description : Head of Accounts - Alshamel Holidays and Rezidor GSR Kuwait
 Responsibility - To ensure the smooth and frequent payment flow. Preparing Cash flow statements based on payment schedule periodically and releasing payments accordingly.
 Routine works include receiving Outstanding Statements/Invoices from various suppliers around the globe, acknowledging, processing and releasing payments under intimation to suppliers and coordinating with our local offices in Middle East regarding the same and other accounting works.
 Negotiating with Exchange Cos. about exchange rates while releasing payments to suppliers in various currencies

: Accounts Receivable
 Responsibility - To ensure the smooth relation with Customers and uninterrupted support to them and frequent cash inflow. Updating, maintaining and controlling Customers Online with approved Credit Limit and Credit Period
 Maintaining Receivables/Payables of Group Companies
 Coordinating bill collectors, follow-ups for payment, reporting on receivables
 Processing refund by coordinating with suppliers and customers

: Finalization and MIS
 Finalizing intercompany reconciliations on a monthly basis in coordination with all branches spread over Middle East
 Preparing monthly, quarterly and annual financial statements along with various schedules
 Preparing various cash flow/productivity/analysis/MIS Reports
 Facilitating Internal and External Audits with excellent liaison with the Auditors.

 Prepare Financial Management Reports: Cash Flow Analysis, Internal Control Inventory Management System, Budget Forecasting & Analysis and Statement of Operations.
 Payables : Preparing RFQ, analyzing quotations, preparing LPO, reconciling Supplier’s Accounts, reporting payables ageing, scheduling payments to vendors and maintaining smooth relationship with them
 Management information System : Management Reports on Monthly Statistics & Trend Ratios Analysis, Project Costing and control on Petty Cash Management,
 Routine Accounting: Reconciling various statements of accounts including Bank Statement, finalization of accounts, preparation of Payroll from the Time sheet summary and other routine accounting works, and keeping books of accounts.