Finance Manager
Zena Energy DMCC
Total years of experience :14 years, 0 Months
o Maintains workflow by studying methods; implementing cost reductions; and developing reporting procedures.
o Preparing monthly management reports and financial statements.
o Assisting the Auditors in providing the necessary documents of the business.
o Prepare costing per vessel
o Monthly analysis of landed cost GL accounts.
o Prompt receipts of stocks purchases with complete valuation as per cost build-ups into the system.
o Ensuring that RMA's and Credit notes are done in the Oracle system promptly.
o Monthly reconciliation of sales volume invoiced/loaded to ensure that all product loaded has been captured in oracle system.
o Reconciliation of stock, payables, receivables, treasury, data and transactions using oracle solution.
o Opening and closing of financial periods on a monthly basis.
o Send invoices to customers fortnightly and statements monthly.
o Posting of transactions from all other modules (Payables, receivables, cash management and inventory)
o Enter payments and receipts on real time bases.
o Entering sales and purchase orders.
o Preparation of documents to be used in the operational process, such as, discharge instructions, LC's, Release requests, endorsement bills, and invoices.
o Ensure safe custody of legal company documents.
o Process accurate LPO’s and ensure they are well authorized according to purchasing procedures.
o Ensure competitive sourcing for supplies and ensure cost is below the budget.
o Provide recruitment support.
o Ensure that Imprest and other allowances for staff are obtained at right time.
o Coordinating between departments and operating units in resolving day-to-day administrative and operational problems.
o Scheduling and coordinating meetings, interviews, events and other similar activities
o Performing multifaceted general office support.
o Maintaining good relationship with banks and other financial institutions in UAE, UK, USA, France and African countries.
o Prepare and submit the monthly financial results, budget and quarterly rolling forecasts and complete the reporting requirements to the Manager.
o Recording & Analyzing Financial transactions through ERP.
o Review and make decisions on credit limits of new and existing customers.
o Supervise employees in the Finance and administration Department.
o Coordinate in the preparation of year-end statutory accounts and tax return.
o Establish and maintain relations with banks and other institutions.
o Managing Accounts Payable, Accounts Receivable and Petty cash.
o Coordinate with Company Secretary and Chartered Accountant in policy formulations and auditing company accounts.
o Coordinate in developing customized ERP.
o Checking daily sales report for completeness and accuracy in respect of applicable commission rates, taxes and credits.
o Reconciles banks statements and department records.
o Improve existing processes and streamline workflows.
o Maintaining General Ledgers, Sales Ledgers, Purchase Ledgers.
o Manage Accounts Payable, Accounts Receivable, and Payroll.
o Prepare profit and loss statements and monthly closing and cost accounting reports.
o Prepare annual company accounts and reports.
o Preparation of financial reports.
o Coordinating Sales and operations.
o Auditing of Monthly Inventory.
o Reduce credit period from 90 days to 60 days
o Manage payroll function for 30 employees.
Summer Internship: Organization : Peeci Industries Duration : August 2012- September 2012 Dissertation: "A Study on Impact of FDI and FII on Indian Stock market during the year 2002-2012 Achievements: • Event Head, Finance, a National level Management Fest, SYNECTICS conducted by Kristu Jayanti College, Bangalore. • Participated in Bid O Freak (Bidding event), an Inter-collegiate Management Fest conducted by Loyola Institute of Management Studies (LIBA), Chennai. • Participated in Finance (event), an Inter-collegiate Management Fest, MELANGE, conducted by Al- Ameen Institute of Management Studies, Bangalore. • Participated in Best Management Team (event), TALENTO, an Intra-collegiate Management Fest conducted by Kristu Jayanti College, Bangalore. International Conference & Workshops Attended: • International conference on Sustainability - Success for organizational transformation. • Management Development Programme on Corporate Governance. • Management Development Programme on Foreign Exchange and Risk Management. • Certificate course on Effective Communication and Human Relation conducted by ZEAL .
Analyzes and solves quality problems
Academic Project: "A study on Education Loan of Bank of India" Achievements: • Head, Discipline Committee, ACME, National level Management Fest, Conducted by St. Aloysius College. • 1st prize Poetry Writing – Hindi, in an Inter-class Competition conducted by St. Aloysius College.
High School ( Class 10+2)