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Firoz Mohammed, Cost Control Manager

Firoz Mohammed

Cost Control Manager·Tariq Al Ghanim Ltd

Kuwait

Master's degree, Management Accounting and Administration

Work experience

Total years of experience: 24 years, 7 months

Cost Control Manager

September 2023 - Present

Tariq Al Ghanim Ltd

Al Kuwait, Kuwait

September 2023 - Present

Monitoring and analysing costs.
Co Operating with project managers to help them meet budgeting goals
Writing reports and presenting information to key stakeholders
Developing and adjusting budgets
Researching to find opportunities to reduce expenses
Evaluating project requirements to provide vital resources, including financial and human resources
communicating with suppliers to negotiate material costs
Optimising decommissioning procedures to minimise losses
Visiting and monitoring locations to assess wastage and efficiency
Implementing accounting software and automating cost control systems
Developing financial reporting procedures and systems
Collaborating with project managers to create effective budgets
Calculating the variance between the budgeting plan and reality
Investigating unprofitable variances and losses
Developing cost-efficient solutions to implement changes
Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Sr. Manager Accounting & Finance

September 2022 - September 2023

PKF Proserve India Pvt Ltd

Navi Mumbai, India

September 2022 - September 2023

Managed Audit client DUBAI PORT Logistic company by providing Accounting and Advisory services across the country.
Company industry:
Financial Auditing
Job role:
Management

Head Of Accounting

June 2019 - July 2021

Al Muwarid Holding Company

Benghazi, Libya

I found this job using Bayt.com

June 2019 - July 2021

Manages, supervises and provides guidance to employees within the Finance and Accounting
Department.
Conducts all necessary training to keep the accounting team’s skills and knowledge up to date.
Plans, controls and implements the annual budgeting process.
Supervises the preparation of profit & Loss and cash flow forecasts, analyses and reports.
Supervises the preparation of quarterly management and year-end accounts.
Prepares monthly/quarterly management reports and accounts ensuring they are produced on a
timely basis (include KPI reports, budget, variance analysis, statistical data, and trends).
Coordinates between the different sections within the Department to complete assigned
accounting tasks within deadlines.
Analyses financial discrepancies and recommends effective solutions.
Monitors expenditures, analyzes revenues and determines budget variances.
Assists in auditing activities by providing the necessary information.
Ensures that all necessary documents are always requested, collected and compiled in a timely
manner.
Monitors financial transactions and ensures compliance with the Order’s policies and procedures.
Maintains compliance with all international and local regulations.
Maintains highly organized and updated files.
Ensures all accounting tasks and transactions are completed in a timely manner
Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Deputy Finance Manager

April 2017 - March 2019

Newrest Angola

Luanda, Angola

April 2017 - March 2019

Newrest Angola” Remote Site, Energy & Resources-Corporate (40M USD Turnover /600 staff/20 contracts)

Overseeing end to end finance operation
Financial planning and Analysis.
Balance Sheet reconciliation
Make improvements in procedure & controls.
Handling Statutory Audit.
Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Deputy Finance Manager

April 2014 - March 2017

Sodexo Angola

Luanda, Angola

April 2014 - March 2017

Sodexo Angola” OSS Energy & Resources-Corporate (50M USD Turnover/1000 staff/20 contracts)

Key Areas Handled
•Managing Turnover up to 60M USD pa with satisfactory EBT line.
•Analyse/ comment the past and future performance reported in P & L (Sales, Profitability…) Balance sheet (Working capital…), cash flow…
•Managing clients for collections, litigation & controlling approval for Sales invoices.
•Managing monthly closing of Accounts with ensuring accuracy of P & L & Balance Sheet.
•Monitoring Payroll preparation & compliance with Angolan labour law.
•Actively involved in preparation of quarterly estimates, Landing, annual budget & plans with co-operation of various departments.
•Implementation of Internal Control. Testing, monitoring controls, PLC & CLC reporting.
•Support operational & functional department in their day to day activities by providing all necessary analysis and reports.
•Controlling end of service benefits & vacation settlements as per labour law.
•Supervision the work and performance of Finance Staff.
•Reviewing Liquidity & bank position, Supplier payments, forecast & controlling daily expenses.
•Analysing of Trial Balance & loading in Hyperion & reporting to Africa zone.
•Updating Sonar with new profit centre, Qualification, estimates, Budget
•Ensure accuracy & completeness of accounting & related systems.
•Managed with external auditors like KPMG, Deloitte, Earnest & Young, and Mazars for statutory & group closing audits.
•Perform audit visits to the Locations to check internal control system & CWH stock counts.
•Promote internal training to subordinates in coordination with HR & FM.
Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Chief Accountant

October 2008 - March 2014

Sodexo

Al Kuwait, Kuwait

October 2008 - March 2014

Kuwait” 60M USD Turnover/1300 employees/15 contracts/Corporates -Ministries-American Defence Bases

Manage and oversee the entire accounting team.
Conduct necessary training to keep the team’s skills and knowledge up to date.
Oversee the processing of payroll
Handle monthly, quarterly and annual closings.
Manage all accounting transactions.
Prepare budget forecasts
Ensure timely bank payments.
Reconcile accounts payable and receivable
Manage balance sheets and profit/loss statements
Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Senior Finance Executive

July 2004 - June 2008

Ambe Consultancy Services Pvt. Ltd

Mumbai, India

July 2004 - June 2008

Making Invoices for Clients,
Journal Entries & Posting in Ledger,
Cash Collections from Candidates & systematic record keeping.
Performing Bank Reconciliations
Supplier Payments
Making Bank Position & Liquidity Position.
Company industry:
Human Resources Outsourcing
Job role:
Accounting and Auditing

Accountant

May 2003 - June 2004

M/s Bhati & Co

Mumbai, India

May 2003 - June 2004

Accounts Reconciliation
Accounts Receivable
Accounts Payable
Making Payroll, Petty cash expense
Making Accounting entries in Tally.
Company industry:
Construction & Building
Job role:
Accounting and Auditing

Accounts Assistant

May 2000 - April 2003

Janaswamy Associates

Mumbai, India

May 2000 - April 2003

Audit Clerk
Performed audits in ABN Amro, BNP Paribas, IDBI & Janakalyan banks.
Company industry:
Accounting
Job role:
Accounting and Auditing

Education

IMA U.S.A

December 2017

December 2017

Master's degree, Management Accounting and Administration

United States

GPA (percentage): 72%

GPA (percentage): 72%

CMA (US)

Institute of Computer & Management Studies

March 2008

March 2008

Master's degree, Managment /Accounting/Finance/Auditing

India

MBA

Mumbai University

March 2000

March 2000

Bachelor's degree, Accounting/Auditing/Economics/Finance

India

B.COM

Skills

Vacation
Expert
Vacation
Expert
Monthly Closing
Expert
Monthly Closing
Expert
Profit
Expert
Profit
Expert
Preparation
Expert
Preparation
Expert
Balance
Expert
Balance
Expert
CONTRACT MANAGEMENT
Expert
CONTRACT MANAGEMENT
Expert
ACCOUNTANCY
Expert
ACCOUNTANCY
Expert
BUDGETING
Expert
BUDGETING
Expert
FINANCE
Expert
FINANCE
Expert
RECONCILIATION
Expert
RECONCILIATION
Expert
COLLECTIONS
Expert
COLLECTIONS
Expert
ACCOUNTS RECEIVABLE
Expert
ACCOUNTS RECEIVABLE
Expert
BANK RECONCILIATIONS
Expert
BANK RECONCILIATIONS
Expert
FINANCIAL PLANNING
Expert
FINANCIAL PLANNING
Expert
ACCOUNTING
Expert
ACCOUNTING
Expert
ACCOUNTS PAYABLE
Expert
ACCOUNTS PAYABLE
Expert
BALANCE SHEET
Expert
BALANCE SHEET
Expert
Vacation
Expert
Vacation
Expert
Monthly Closing
Expert
Monthly Closing
Expert
Profit
Expert
Profit
Expert
Preparation
Expert
Preparation
Expert
Balance
Expert
Balance
Expert

Languages

English
Expert
Hindi
Expert
Portuguese
Beginner
Arabic
Beginner