Finance Manager
BMC GULF GROUP (IKK Group, KSA)
Total years of experience :22 years, 7 Months
Since Jul’2008 M/s BMC Gulf Group, Dubai (A subsidiary of Isam Kabbani Group, K.S.A), as Finance Manager
- Joined as Financial Analyst in Jul’2008 and promoted as Asst. Finance Manager in Jan’2010 and rose to the level of Financial Manager in Jan’12.
- Reporting to Managing Partner and Chairman.
Responsible for providing the necessary financial, administrative as well as operational support to the local country organization and branches in Abu Dhabi including proper financial controls, development and adherence to corporate as well as local policies and procedures, planning and financial analysis and systems.
Successfully assisted the merger with Emirates Investment and Development PJSC and D One Investment LLC along with KPMG for the valuation.
Define policies and procedures for proper controls and safeguarding of company assets utilizing established corporate guidance and acceptable practices.
Coordinate the external and internal audit activities and develop relationship with external auditors
Notable Contribution
Spearheaded successful migration of accounting software from present software to Microsoft Dynamics (Navision), including training of subordinates & other junior staff.
Actively involved in timely MIS reporting to our head office in Saudi Arabia.
Actively engaged in the Approval of Audit Draft by the Board of Directors on their meeting.
Handling all the accounting functions, Audit & other related matters including the branches in Abu Dhabi.
Since May '06-July 2008 with a French Multinational Delifrance International, Chain Restaurants - (Branch of Cateriya Catering Services LLC), Dubai, UAE as Chief Accounts Officer
Job Role: - Playing a key role in preparing: o Cash Flow Statement, Payroll, Bank Reconciliation and Trial Balance
o Financial Statements for Audit Purpose and MIS Reports.
o Analytical about key financial ratios
o Chart of Accounts and Procedures for VISACC and Squirrel Implementation
- Ensuring proper communication (Written and Oral) with Customers, International and Local Suppliers, Banks, Insurance Agents, Clearing Agents, Auditing Firms through emails and telephones.
- Looking into assigning duties to subordinates and responsible for Administrative Affairs of the Company.
Notable Contribution
Spearheaded various activities of all the branches and involved in preparing annual budget, fund & cash flow statements.
Actively involved in evaluating credit worthiness of new customers and arranging adequate insurance of inventories, fixed assets and miscellaneous cover and their annual renewals.
Effective management the inventory control system for the perishable items and reduce the waste to apply the JIT method.
Played a key role in identifying slow moving stocks and reporting to the management and managing correspondences to banks, customers, suppliers, etc.
Jan '04-Jan '06 with Western Bakeries Ltd. & IBS, (Almarai Group) Jeddah, Saudi Arabia - Senior Accountant
Job Role: - Reporting to the Financial Controller regarding Cash Flow, Month End Closing, Internal Auditing and Trial Balance.
- Demonstrating abilities in preparing Chart of Accounts and procedures for Oracle implementation (Oracle 11i)
- Ensuring proper communication (Written and Oral) with Customers, International and Local Suppliers, Banks, Clearing Agents, Auditing Firms through emails and telephones.
- Playing a key role in checking customer & supplier's statement of accounts weekly/monthly at branch wise and also coordinating with Sales/Purchase/Materials Dept. regarding any queries.
- Checking the Current Accounts of different Companies and also ensure all Inter Company Transactions has been done before month end closing and MIS Reports.
- Interacting with Purchase Dept. for Import Documentation, Customs Duty Exemption, Price comparison, Opening L/C, Calculate Landed Cost of Materials and Insurance.
Commenced career from Aug '02 - Dec '03 with Macleods Pharmaceuticals Ltd., Mumbai, India as Accountant
Successfully handled sales tax matters for all the C&F Territories in Maharastra State, India for the group for smooth operations.
Recording the Sales turn over related to all Distributors and ensuring the payment collected on time.
Reconciliation of Bank Accountants and Customers Statements within the proper timeframe.
On account of outstanding performance received a promotion within a span of 6 months and promoted to the level of Accountant from Accounts Assistant.
Apprenticeship: (Accountancy and Auditing) July 2000-July 2001 with Kochi Refineries Ltd., India
o One year job oriented training conducted by highly qualified professionals with practical experience for the following depts. Finance & Accts, Procurement & Materials, Human Resource Management, & Internal Auditing in Kochi Refineries Ltd., a Public Limited Company in India.
Research: Conducted research work in the subject of Working Capital Management and Ratio Analysis for my MBA in Master Educational Institute, Dubai.
Trainings
- Attended: o Total Quality Management, Strategic Planning and Information Technology in Masters Educational Institute, Dubai.
Member No.40494 (ICAI) Erstwhile Institute of Cost and Works Accountant of India (ICWAI)
Qualified Certified Management Accountant (US) Certificate No:48297 issued on 08/01/2016 from Institute of Certified Management Accountants, New Jersey, USA specialized in Management Accountancy and Finance
2008 MBA, Finance, from Columbus University, Picayune, Mississippi, U.S.A, Course studied in Dubai
Master of Business Administration Major in Finance & Marketing, Banasthali University, Jaipur,
Bachelors of Commerce, Taxation, Kerala University, Trivandrum, Kerala