Finance Manager - Joint Venture
Abu Issa Holding
Total years of experience :16 years, 10 Months
Responsible for monitoring and accurately reporting job profitability, and delivering monthly/quarterly and annual financial performance of the Company.
Designing and implementing efficiencies to internal control environment. The scope involves evaluation of existing control procedures, identifying significant business and control risks and devising effective controls (both preventive and corrective) to mitigate those risks.
Ensure that the company’s project control system is operating properly and that Shareholders are familiar with it.
Develop and implement financial forecasting models to predict operating results.
Coordinate internal reporting and development of management reporting and analysis of the Company’s financial and operating performance.
Report the company’s financial condition, operations, contingencies, and opportunities accurately and completely
Liaison with Bankers, Internal and External auditors and negotiations with Suppliers/vendors.
Achievements :
Turnaround of sick entity into profitable venture
Reduced overall finance cost
Implementation of Oracle Fusion
Chartered Accountant from India with 6 years of post qualification experience including 4 years in Big 4 and 2 years in consulting as Manager where looking after operations of 15 Clients.
Responsible for working capital management, monthly/quarterly/annually MIS reporting, monthly/ annual Budgeting, preparation of Activity proposals, preparation of monthly Cash Flows and Financial consolidation of group accounts in compliance with IFRS and liaison /coordination with the external auditors for interim/annual audit .
Preparation of audit deliverables in accordance with IFRS’s along with comprehensive audit documentation including Planning Document, Summary of Audit Differences and Completion Documents.
Review of work performed by the audit associates on the engagements, coordinating the audit procedures and reporting to the audit Manager/Directors in order to meet the expectations in terms of quality and turn-around time.
Perform analytical reviews, Benchmarking and ratio analysis of key areas in the audit. Conducting analytical review of financial statements, variance analysis of profit & loss account and balance sheet.
Preparing final audit summary / resolution of audit file review matters and queries.
Generating MIS reports for the clients and relevant Financial Statements including Projected Balance Sheet, Cash Flow Statement & Fund Flow Statement.
Demonstrate a reasonable knowledge of Consumer Industrial Market including business operating cycles, transactions, risks and issues, trends and challenges and thereby use technical knowledge to customize the application of the audit methodologies in a way that meets client issues.