Group Finance Manager
Fatir Investment llc (Irani House Group of Restaurants)
Total years of experience :23 years, 4 Months
• Producing financial reports and developing strategies based on financial research
• Guiding senior executives in making sound business decisions in the long and short term.
• Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions
• Contract outside services for tax preparation, auditing, banking, investments, and other financial needs as necessary
• Track the company's financial status and performance to identify areas for potential improvement
• Seek out methods for minimising financial risk to the company
• Research and analyse financial reports and market trends
• Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making
• Review financial data and prepare monthly and annual reports
• Present financial reports to board members, stakeholders, executives, and clients in formal meetings
• Stay up to date with technological advances and accounting software to be used for financial purposes
• Establish and maintain financial policies and procedures for the company
• Understand and adhere to financial regulations and legislation.
• Reviewing, monitoring and managing budgets
• Being the owner of restaurant, hiring and management of employees
• Regulating business operations
• Resolving customer issues
• Create work schedule for employees
• Monitor and evaluate employees performance
• Motivate staff members
• Monitoring inventory (ordering/delivery)
• Meeting health and safety regulations
• Prepare budget for monthly and yearly operations.
• Responsible for all day to day restaurant operation
• Responsible for maintaining high level of customer service and satisfaction
• Effectively delegate jobs and responsibilities to restaurant staff
• Communicate with management across the company to ensure effective running of the business as well customer satisfaction
• Set targets and incentives for the personnel to increase turnover and profitability of restaurant
• Being Financial Executive review and monitor with bookkeeper or other accounts personnel, expenditures to ensure that they conform to budget limitations.
• Monitor the purchasing of supplies and perform the frequent checks to ensure consistent high quality of food preparation and service.
• Work with higher management to plan and organize restaurant events
• Responsible & checking for branch disbursements are properly supported and initiated through authorized transactions;
• Chase clients for overdue receivable and posted receivable and month-end journal entries on technical software application.
• Monitor Supply Chain System.
• Prepare Daily Business Report.
• Reconcile Intra Unit Entries on daily Basis.
• Strictly follows Companies rules & regulations.
• Assets Management with proper record.
• Perform full set account, accounts payable and accounts receivable.
• Responsible in month end reconciliation reports.
• Prepare monthly, quarterly and yearly financial statement.
• Prepare debit/credit notes.
• Liaise with auditors.
• GST submission.
• Maintain client accounts.
• Processing of remittance payments;
• Review monthly bank reports and prepare bank reconciliations.
• Responsible & checking for branch disbursements are properly
supported and initiated through authorized transactions;
• Chase clients for over due receivable and posted receivable and
month-end journal entries on technical software application.
• Verify suppliers invoices and prepare payment according to budget.
• Monitored, recorded and reimbursement company expenses.
• Manage Local Area Networking (LAN).
• Monitor Supply Chain System.
• Prepare Daily Business Report.
• Reconcile Intra Unit Entries on daily Basis.
• Strictly follows Companies rules & regulations.
• Assets Management with proper record.
• Overall responsible for accounts department and manage four
assistants.
• Provide monthly budgets reports
• Responsible for cash management.
• Reconcile projected cash management.
• Provide cash flow projections for the next month.
• Approval for purchase request and compare to budget from each
department
• Ensure timely payment of debtors/AP and invoicing of creditors.
• Check the outstanding and aging of each supplier/customer in AP/AR
• Checking and approval invoicing.
• Make sure that all collection is on the track.
• Monitored license agreements for customers and suppliers.
• Make sure Quotation, PO, GRIN are in order.
• Inventories control.
• Ensure all Finance records are kept accurately in line with company requirements.
• Maintained chart of accounts
• Responsible for accurate and timely monthly and year end financial and income statements.
• Liaise with auditors, banks and government agencies to ensure all requirements are complied.
• Handle full set of account.
• To provide monthly cash summary, bank reconciliations, general ledger reports in accordance with financial reporting timeframes.
• Prepare necessary adjustment or journal entries if there are errors in records or financial reports;
• Handle all activities in accounts payable and receivable.
• Timely follow up and resolve invoices disputes matter for vendor and customers and internal vendor.
• Prepare payroll
• Perform & handle debtors ageing report and analysis.
• Assist in handling GST, fixed assets and tax matter with manager accounts.
• Perform month-end reporting, audit checks.
• Supervise data entries and made sure all entries are accurate.