Ismail Khateeb, Accounting and Finance Manager

Ismail Khateeb

Accounting and Finance Manager

Belectric Gulf Limited

Lieu
Émirats Arabes Unis - Abu Dhabi
Éducation
Baccalauréat, Finance & Accounts
Expérience
14 years, 11 Mois

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Expériences professionnelles

Total des années d'expérience :14 years, 11 Mois

Accounting and Finance Manager à Belectric Gulf Limited
  • Émirats Arabes Unis - Abu Dhabi
  • Je travaille ici depuis avril 2016

Company Profile: Belectric is specialized in construction of Solar Power Plants, Hybrid specialist in the future technology of photovoltaic, Energy Storage and Turnkey operation for Gulf region and across middles east. Consolidations with Parent company are Al Gihaz Holding KSA & Innogy SE Germany (subsidiary of the German energy company RWE).

Key Result Areas:
• Preparing financial data and monthly and annual report as per IFRS standard.
• Producing financial report related to budgeting, forecasting and cash flow-account payables, account receivables, expenses etc.
• Reviewing, monitoring and managing budget, Collecting, interpreting and reviewing financial information and reporting to management and stakeholders.
• Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions
• Oversee financial department employees, including financial assistants, treasury and accountants
• Contract outside services for tax preparation, auditing, banking, investments, and other financial needs as necessary.
• Tracking the company's financial status and performance to identify areas for potential improvement and Seek out methods for minimizing financial risk to the company
• Control and monitor of total project expenditure and verification of claims from suppliers/agencies/sub-contractors.
• Coordinate and work with Project Engineering team for delays/deliveries & resolve discrepancies if any.
• To ensure expenditures are kept within planned monthly budget and at any given point of time.
• Developing and managing financial system/policies and supervising a team of accounting technicians
• Negotiating and obtaining finance for major projects in solar energy,
• Controlling and forecasting income and expenditure and creating business strategies to generate shareholder value.

Senior Accountant à Global Petroleum Business & Trading Est (Al Dharwish)
  • Émirats Arabes Unis - Abu Dhabi
  • juin 2014 à février 2016

• Assist bookkeepers, coordinators, and administrators on day-to-day financial matters and ensure accurate and timely monthly, quarterly and year end close with GAAP & IFRS standard.
• Preparing and enter journal entries which includes correcting entries, allocating expenditures, grant related entries
• Ensure proper accounting and reporting of assigned work which include year-end calculation of accounts receivables and deferred revenues.
• Managed to controlled and submitted financial report on given time for the year and maintained the fixed asset system.
• Managing payroll, leaves, EOS gratuity for all the subsidiaries and Oil & Gas contracting employees.
• Responsible for proper general ledger, reconciliation, AP, AR, Invoicing and cash flow of the company.
• Maintain Chart of Accounts for expense-related accounts. Maintain coding documentation outlining types of charges and vendors coded to each account for distribution to Associates
• Oversee capital budget. Track spending, analyze and report on differences between expected spending and actual.
• Maintain and calculate labor rates used in analysis/budgeting/pricing.
• Insurance Policies, Monitoring all Insurance Policies, renewal of policies as and when required, obtaining new policies for projects and General Insurance, rising Insurance Claims etc
• Working on different Shutdown and campaign projects in UAE and assist in preparing the cost & the revenue &
Comparison of Project costs with budgeted costs and verification of variations approved.
• Proper management of Fixed Assets, verification of monthly depreciations, asset disposals, and checking the profitability of financing of various assets.
• Financial audit preparation and coordinate the audit process.
• Handled Project through Global Petroleum:- ZADCO UZ750 Offshore and Onshore Contractors, ZADCO Zirku Island Contract for Drilling Supervisors, GASCO Shutdown Ruwais & Habshan 2014, FERTIL & ZADCO Shutdown for 2014, ADGAS Shutdown Project 2015, Hosn Gas & Takreer Campaign 2014/2015 etc.

General Accountant à Experts Global Group
  • Émirats Arabes Unis - Abu Dhabi
  • mai 2011 à mai 2014

Key Result Areas:
• Overseeing overall finance & accounts functions entailing maintenance of proper accounting system with Peach Tree Program up to finalization
• Shouldering responsibilities pertaining to yearly closing of accounts for audit with Statutory Auditors
• Providing proactive support to the Finance & Administrations, preparation of journal vouchers, petty cash & cheque and other payments, reconciliation of accounts, inter companies transaction & bank statements
• Monitoring Accounts Receivables, Payables and Cash Disbursement
• Negotiating with Banks & Financial Institutions for raising fund & non-fund based facilities at favorable terms to meet working capital and project requirements
• Preparing & maintaining Sales Invoice, Purchase Order, Credit & Debit Memo
• Monthly reporting to Management including preparing and analyzing monthly consolidated management accounts
• Planning & budgeting of cash flow on monthly and yearly basis, forecasting of accounting cycle and system controls and preparation of annual financial report.
• Managing payroll functions for over two thousand employees on monthly basis, end of service gratuity and annual leave & provisions
• Collect, compile and process all payroll data to ensure receipt of salaries by all employees of the allocated units of the Group in time every month
• Manage and administer leave of all employees including processing of leave benefit settlement of staff proceeding on annual leave and tallying of leave accrued, leave applied vs. leave taken etc
• Processing:
o E-Dirham & CBD transaction for visa cost and reconciling same
o WPS through different banks by online and letters
• Accountable for:
o Project adjustment of recruitment campaign in UAE and overseas recruitment through Experts International Recruitment Services
o PRO expenses & adjustment, assets schedules and medical insurance track
o Project review and maximize project cash flow by ensuring that jobs are billed at the earliest opportunity
o Prepare month end WIP valuation for monthly close and month end subcontractor accrual for monthly close

Financial Transaction Processing Officer à HP company
  • Inde - Bengaluru
  • août 2008 à juin 2010

Key Result Areas:
• Processed UK based client’s firm financial data; analyzed, debited and maintained final accounts
• Prepared account reconciliation on a monthly basis, investigated on each transaction and ensured verification of bank reconciliation, outstanding receivable & payable maintenance
• Functioned as:
o Work Allocator of the team; reviewed the accounting and related system reports for accuracy
o Team Leader and Business Coach in the absence of Team Manager and Process Coach
• Managed desk training procedures with latest update; escalated to the higher authorities at the best prices
• Planned & conducted financial meeting with the international clients
• Provided the required details on each entry booked in the account for the controllership team for analysis purpose (Balance Sheet Review)

Highlights:
• Entrusted with additional responsibilities:
o Reconciled vendor statements on a regular basis and cleared outstanding payments
o Ensured completion of work of the team and maintained the record transaction in the process application
o Worked in close relation with Operations Team to clear the open line items
o Coordinated with cross functional teams as well as resolved the queries raised in process; interacted with the vendor for clearing the debit balance
o Provided assistance to Team Manager for preparation of quarterly estimate budget reports
o Prepared cost accounting through SAP Application; communicated with the clients for rectifying the data
• Performed as Financial Process Officer; bagged:
o Best Performer of the Year Award from the management of UK during 2011
o Efficient Agent and Extra Mileage Productivity Award during 2012

Éducation

Baccalauréat, Finance & Accounts
  • à Karnataka University of India
  • juin 2008

2008 Bachelors in Commerce from Karnataka University of India; attained Distinction

Specialties & Skills

Micro Focus COBOL
Peachtree
SAP, NEPTUNE, ATLAS, COGEN & ORION
 MS Office package
Tally 5.3, 7.2, 9.0
Focus 8

Langues

Anglais
Expert
Arabe
Moyen
Urdu
Expert
Kannada
Expert
Hindi
Langue Maternelle

Adhésions

Zurich Social Portal
  • Volunteers
  • August 2008

Formation et Diplômes

Cost Accounting & Computer Applications (Certificat)
Date de la formation:
October 2007
Valide jusqu'à:
March 2008

Loisirs

  • Web Browsing
    Playing Cricket, Watching and listening of Music, web searching and travelling