Group Finance Manager
Petrofac Qatar WLL
Total des années d'expérience :29 years, 5 Mois
Strategic Planning and Finance Management of a major trading company in the Oil and Gas sector
Controlling a team of more than 120 accounting staff for the retail, fashion and FMCG stores across GCC and providing all financial advisory services
Spearheading responsibility for managing gamut of operations pertaining to corporate finance functions for subsidiary companies and branch offices involving determination of financial objectives & implementation of systems to facilitate internal financial and process controls, overseeing activities for accounting and preparation of financials.
Monitors and analyses operational results / KPI’s of the region; creating proposals for improvements / corrective actions, discussing with business heads and other operational managers & ensuring successful implementation.
Formulating annual budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions.
Steering efforts towards establishment of strategic cost management systems/techniques for monitoring various overheads and achieving maximum cost control in high value financial projects, establishing debit & credit policies, monitoring cash flow positions and evolving proper mechanisms to keep deliquencies at the lowest levels.
Monitoring of the investments (portfolio array as well as performance of individual investments) by benchmarking with industry/economy performance and macro parameters, coordinating with the company's solicitors and legal counsels and advising management on the various economic laws and enactments.
Overseeing the preparation of MIS reports as well as undertaking the analysis of business performance/bottlenecks to make strategic decisions and formulate future objectives and operational policies/procedures for the organization.
Developing and evaluating CAPEX and other investment proposals with operational management, in alignment with the business plan as well as budget projections.
Implement Budgets for various profit centres, consolidates the same for the group, Monitors and analyses operational results / KPI’s compared to Budget and prior year performance. Develops proposals for improvements or corrective actions, discuss with profit centre heads and other operational management, and subsequently drives implementation
Develops and evaluates CAPEX and other investment proposals together with operational management, in alignment with the Business Plan and Budget projections
All round exposure, gained through diverse work culture with diversified & cross-functional handling, in understanding the cutting edge of critical business processes
Implementation of Internal controls, establishing and implementing Financial & Administrative guidelines. Review policies and procedures and to restructure them if necessary and create new approaches in adverse situations
Credit Control, Inventory Management
Settlement of FX Deals/Whole Sale Currency Dealings
Authorise payments by SWIFT
Ensuring accuracy of the daily financial reports, monitoring bank accounts on a daily Basis.
Finalisation of Daily Balance Sheet and its review.
Implementation of Internal Control Systems
Implement Budgets, monitor and analyse operational results / KPI’s compared to Budget and prior year performance. Develop proposals for improvements or corrective actions, discusses with functional heads and other operational management, and subsequently drives implementation
Tax planning and Tax Matters, Finalisation of Accounts, Branch co-ordination, Credit Control, Inventory Management, Statutory matters
Implementation of Internal controls, establishing and implementing Financial & Administrative guidelines. Review policies and procedures and to restructure them if necessary and create new approaches in adverse situations
Building and maintaining a high performance culture through effective performance management, communication and coaching of staff
Tax planning and Tax Matters, Finalisation of Accounts, Branch co-ordination, Credit Control, Inventory Management, Statutory matters
Implementation of Internal controls, establishing and implementing Financial & Administrative guidelines. Review policies and procedures and to restructure them if necessary and create new approaches in adverse situations
Supervision and finalisation of audit work carried out by assistants
Tax planning and Tax Matters for Individuals, firms, companies’ etc.
Management Consultancy Services
Internal, Inspection and Investigation audit of Banks and other companies