finance and accounting head
Fastrack Car Care Centre
Total years of experience :32 years, 1 Months
handling all accounting affairs plus financial affairs
take active participation in driving sales, collections and avoiding bad debts
handling team of 4 and training them and bringing discipline among them for following process and procedures accurately
responsible for booking all accounting entries, vouching, and finalziing audit...
ensuring all taxation r filed well on time
reporting
Assigned to Train, Develop & Work on BNIS Investment Software
- Analyzing the daily Stock Movement of Owned Company & reporting it
- Quarterly wise preparation of 11 Premier Companies Listed in Boursa with
their Financial & Market Data Status standing as of that Quarter & reporting
accordingly
- Preparing reports of Annual Reports of Kuwait Premier 11 Companies with
Chairmans Speech summarization
- Preparation of Growth Report right from the time of Listing in Boursa Market
with Financials KPI for 11 Major Companies under Premier Market
- Assisting in Preparing Test Questions- Answers for Accounting Professionals
being considered for Hiring
Ensuring that the company records are managed in accordance with International Accounting Standards
• Handling all external liaisons on financial matters (dealing with external auditors, government departments, customers, etc.)
• Leading and managing the Finance and Administration teams, ensuring that professional standards are employed and service level standards are maintained
• Assisting in the development and implementation of policies, processes and controls to mitigate risks
• Ensuring that payments and receipts are processed smoothly and without delay, and recorded accurately in the accounting system
• Ensuring that the internal control structure safeguards and accurately records assets
• Managing the cash flow requirements of the company and proposing various methods of Investment to gain additional revenue
• Reviewing business cases to ensure that these are robust and realistic, and have addressed all financial and accounting aspects
• Assisting & guiding the operations to have a fair pricing for corporate deals
• Preparing Annual Business Plan, Cash Flows, Budgets
• Analyze the KPI results & implement improvement strategies
• Select, Develop & Coach Team members
• Ensuring that the business is adequately covered by insurance policies against various risks
• Formulating policies and procedures and making sure that it is being implemented & strictly followed
• Having Sound Knowledge of Taxation Laws of Qatar (Returns Filing & Preparing Withholding Tax & Income Tax Calculations, Submissions & Settlements) & ensuring that all issues related to the same are worked as per the guidelines laid & the returns are filed before the maturity date
• Headed & Supervised the entire operation for winding up operations for non-operating company in line with Qatar Laws in joint conjunction with External Tax Consultants & Legal Team of our Company
* Worked parallelly for 2 years with School Management & handled the role smoothly for Al Maha & Al Jazeera Schools
Supervising the team of Nine for Abu Dhabi & Dubai
• Responsible for Audit & verifying the draft & presenting them into actual
• Generating MIS Reports (Instructors Utilization report, Cost Report Vs Business Plan, Comparison of Financials for Past & Current, Comparison of Business Plan figures with the actual)
• Dealing with Banks
• Conducting meeting with Sales Managers for the collection of Proceeds from Corporate & Individual Sections
• Generating reports of collections proceeds for Individuals & comparing the same with the current figures
• Setting up Targets of work for all subordinates in order to get the work Accomplished before the date set
• Monitoring of Daily reports of Booking, Execution & Collection & reporting the Same to the management for a better review
• Assisting the team for timely reporting
Handling all the affairs pertaining to day to day accounting roles (collection, Payments, Banking)
• Assisting the Chief Quantity Surveyor for preparing the monthly revenue bills
• Was leading the team of 2, (Time keeper & Purchaser)
* Ensuring of submitting the Project Payroll on time for timely disbursement
* Ensuring of all stock well maintained with proper reports of issue & stock available
Follow up on Outstanding
Daily Summation of A/R to the CFO
Payment Preparation based on maturity
Deduction of TDS as per state rules
Payment of Deducted Taxes to Government with the complete summary of Vendors
Payment of Inter Center Taxes Applicable
SAlary payments
Deduction of Professional Taxes as applicable
Payment of Professional taxes
Visits to other Branch office for verifying accounting records & reporting
Follow up with Field staff for installation reports for billing customers
Preparation of P&L & Balance Sheet
Preparation of Cash Flow
Updating the cash shortage prior to the CFO for arrangement of funds well on time from Head Office
Tracking of Approved Budgets against actual spendings
- Reconciled General Ledgers Account
- Depositing of Cash Collections from Tenants
- Ensuring of timely payments of monthly rents to Landlords
- Reviewing of Utility Bills & Tenants Ledgers
- Receiving payments for Annual Contracts
-Reconciliation of Bank Accounts & Passing all Necessary Journal Entries for
month ending related to Revenue & Expenses
- Assisting in Monthly Closing
Conduct Weekly Rate/Sell Strategy meeting with all Front Line Management
for Room Rate Pricings
- Develop & Manage the weekly Billing, credit and Collection Process with
Revenue Manager/Accountant
- Working Closely with with Sales Operations to streamline the process and
improve efficiency
- Reconciliation of Monthly Fees with Hotel Billings
- Handling Payroll for staff below 50
- Verifying the tax deductions and ensuring of settling it well on time with
government departments
- Assisting Direct Manager with Budgets comparison with Actuals
Post Graduate degree with FInance & Accounting , Auditing subjects being main
Specialized Accounting & Audting