FINANCE MANAGER
MJ Group of Companies (PHOENIX MIDDLE EAST FOR PRECISION DIES LLC, MJ Metals DMCC Hueck Middle East
مجموع سنوات الخبرة :15 years, 6 أشهر
Role & key responsibilities
• UAE operation’s overall Finance management, corporate reporting & ensure compliance with regulatory requirements.
• Part of management team and significant contributor to the strategy planning and growth.
• Attend Management meeting to present the key financial and operational information to the members.
• Responsible for setting annual financial and operational budget along with CEO and CFO.
• Ensure budgetary control, periodic variance analysis and ensure corrective actions.
• Business partner to other departments by working closely with department heads to ensure achievement of budgetary controls and goals.
• Update the CEO and CFO regularly on status of financial conditions, any significant risk and plan of actions.
• Negotiate with banks/financial institutions to secure funding/refinancing options.
• Manage the functions of Accounting Department which comes under direct reporting lines.
• Ensure timely completion of annual external auditing process to achieve group reporting calendars.
• Preparation of periodic MIS reports and yearly consolidation of group accounts for audit.
• Responsible for preparation of Financial budget for all branches, Sales budget & Capital expenditure budget for all units and get approval from Board.
• Responsible for the assessment of monthly spent and & Sales achievements against budget & historic trends.
• Preparation of Financial projection.
• Ensure company accounts are maintained to reporting standard, preparation of annual Financial statements/grouping and liaise with external auditors for completion of audit before group AGM.
• Analyze and expenses booking, review of import cost to ensure potential cost efficiency.
• Liaison with TFS (banks) (Import Letter of credit etc.)
• Established and maintained the system to record the retail outlet sales.
• MIS reporting to the Management, sales trend analysis, forecast of monthly sales Etc.
• Liaison with external auditors to complete the Annual audit as per plan.
As an Admin Officer -:
Maintaining the staff file, Keeping proper records of the Passport and Labour card details, Leave Verification, Keeping proper records for the vacations of the staff and provide the details when ever needed, time to time renewal of the Visa and labour card, Co- ordination with PRO, Maintaining the Attendance Records, Company legal documents like Trade license Sponsorship details, Signature cards, Labor Guarantee and other Security Deposits details etc.
Handling all Cash & Bank transactions, Liaison with Banks,
Preparing monthly Financial Reports, Cost allocation, reconciling the debtors & preparing age wise analysis of debtors outstanding, Responsible for Checking Suppliers Invoices, Preparing Creditor’s statement & Processing payments. Responsible to prevent Revenue loss, Preparation of Salaries statement & processing payments etc
Preparation of Cash Book, Reconcile Bank statement, Invoicing, Analyzing Receivables and Payables Ledgers, Financial report.
Obtained a Bachelor Degree in Commerce from Calicut University ( Financial Accounting Cost accounting Managerial Economics Business statistics etc)