General Manager Finance
RAPIDEV DMCC
Total des années d'expérience :22 years, 1 Mois
apidev DMCC
UAE, Pakistan 2021 to Present
General Manager Finance
(Rapidev is working on extensive R&D on telecommunication related projects in the fields of Wireless communication, Mobile communication, Cellular security, Surveillance, Voice over IP, Anti-Drone Solution Power systems, Anti-Drone Solution and Social Media analytic.)
Job Description:
Providing leadership, direction and management of the finance and accounting team
Providing strategic recommendations to the CEO and members of the executive management team
Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting
Establishing and developing relations with senior management and external partners and stakeholders
Reviewing all formal finance, HR and IT related procedures.
Perform risk management by analyzing the organization’s liabilities and investments
Decide on investment strategies by considering cash and liquidity risks
Control and evaluate the organization’s fundraising plans and capital structure
Ensure cash flow is appropriate for the organization’s operations
Supervise all finance personnel (controllers, treasurers etc.)
Manage vendor relationships
Prepare reliable current and forecasting reports
nsure compliance with the law and company’s policies
Develop procedures and accurate implementation of the recording, classifying, and summarizing of daily financial transactions.
Ensures that the SAP system continues to operate as required. Involved in validating/designing suggested changes to ensure accounting requirements continue to be met.
Maintains accounting controls by establishing a chart of accounts in SAP
Generate financial statements (balance sheet, profit and loss, cash flow) accurately.
Ensure general ledger, subsidiary ledgers, and other financial records and schedules are accurately maintained.
Institute policies and procedures capable of protecting the business resources against waste, fraud, and inefficiency.
Ensure timely follow up of accounts payable.
Evaluates & implements internal and external audit recommendations & provides feedback to management on results
Implement budget and forecast preparation schedule by collecting relevant business data and projections from the line departments and provide relevant analyses.
Provide support, service and advise in all finance matters to the Director Financial Affairs.
Exercise budgetary controls, accounting & physical controls and credit control as per laid down procedures and asset management. Also exercise controls on other purchases and services.
Coordinates work relating to external audits in the periodic review of the company financial records. Is further responsible for the implementation of agreed upon recommendations, related to areas of responsibility, resulting from the audit findings.
Manage and monitor Finance Executives in administering all finance and accounting transactions.
Arrange and manage schedules and procedures for finance and accounting programs and activities.
Prepared work flow for SAP Implementation for the Whole Organization & each Segment.
Worked as a Project Manager for SAP FICO & MM Implementation.
Worked as a Finance Team leader during HCM Implementation.
(Diwan Amiri is One of the Prime Ministry in the Qatar Government includes the Offices of the Amir (King of Qatar) H.H. Emir, Crown Prince, Prime Minister & General Secretariat of the Council of Ministers of Qatar)
Ensures proper and timely recording of financial transactions in the ERP general ledger in accordance with Government, policies and internal control standards.
Prepares Oracle ERP journal entries, including appropriate documentation for Oracle.
Maintain proper accounting records and controls for all the payments made at Outstations.
Ensures that ERP general ledger and sub-ledger are reconciled and reconciling items are resolved.
Participates in month-end close activities
Has complete responsibility for the accounts payable system.
Resolves problems and responds to non-routine inquiries relating to accounts payable records and ministry policy and operations Dept.
Communicates frequently with faculty, staff, and outside vendors both verbally and in writing on matters relating to accounts transactions; acts as a liaison between departments and vendors.
Processes journal vouchers and checks for payment.
Operate Oracle and maintains extensive knowledge of appropriate computerized systems necessary for data entry and retrieval.
Monitors budget transactions; explains budget reports for department staff.
Checks departmental accounts to assure funds are available for purchases.
Processes requisitions and prepares purchase orders.
Refunds, deposits and pays out funds from the Ministry
Finance Controller (one of the largest manufacture r & Distributors of High quality Swiss watches in Gulf Countries &Worldwide)
Transforming policies, objectives and strategies into long, medium and short-term plans, which include internal development and productivity increase as well as participating in executing these plans in coordination with subordinates.
Proposing plans and programs that strive to develop the Finance Department
Conducting periodic meetings with subordinates to follow up smooth running of activities and keeping abreast with latest findings and actioning them
Directing the company’s financial goals, objectives, and budgets. Overseeing programs to minimize risks and losses that may arise from financial transactions and business operations undertaken by the company
Financial planning and budgeting preparation on the company level
Supervising and controlling the flow of cash management and expenses to meet the business and investment needs of the company
Participating in the development of the department work plan; assigning work activities, projects and programs, monitoring work flow, reviewing and evaluating work methods and procedures
·Finance Manager (one of the largest manufacturer of writing instrument in Pakistan)
Ensure accurate and complete accounting and reporting of the company’s transactions
Ensure all internal control systems are functioning and relevant records are maintained
Assist, prepare and consolidate the company financial statements ready for auditing
Monitor, analyse and approve transactions for entry into the accounting system
Develop and implement accounting policies & procedures
Manage the payroll for 400 employees and provide advice to senior management on HR matters
Preparation of ISO certification
Supervise sales tax records and filing of tax returns
Involve in import and custom clearing matters including arrangement of LC
Negotiation with bank for the lease of plant and equipment for the company
Prepare monthly cash flow forecast and expense budgets and formulate strategies to ensure adherence to budgets
Arrange month-end and year-end closure of accounts, reports and bank reconciliations
Review payments, advances and inter-office charges for accuracy
Management of the recovery department
Reconcile inter-company accounts
Distributors of FMCG Goods and Importer
Description of Duties
· Verification of payment & receipt vouhers.
· Management of cash and bank dealings.
· Verifications of sales and purchase invoices.
· Maintaining debtors and creditors Accounts.
· Management of cash receipt from Sales Men.
· Supervision of Sales Tax documents & returns.
· Supervision of Import and Export documents.
· Dealing with L.C.
· Monthly preparation of Profit and loss A/C.
· Monthly preparation of Cash and Expenses budgets.
· Preparation of overall audit plan after reviewing the accounting and internal controls of the organization.
· Checking the income and expenses during the year.
· Review and prepare the audit working paper files.
· Preparation of management report.
· Attended physical stock taking at the end of the financial year
ACCA professional Qualification Member since 2015
B.Com Bachelor of Commerce