Director Finance & Accounting
ARY DIGITAL FZ LLC
مجموع سنوات الخبرة :15 years, 9 أشهر
o Developed and implemented the organization's financial goals.
o Oversee the investment of funds and managed associated risks.
o Supervise cash management activities.
o Execute capital-raising strategies to support a firm's expansion.
o Supervise the preparation of the annual budget.
o Monitor and control accounts receivables.
o Prepare monthly financial statements, financial packages, and other informational reports/analysis.
o Develop and monitor policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced operating costs, and increased revenues.
o Review prior financial results and discusses anticipated changes to highlight future needs and trends.
o Ensure underlying accounting records are accurate, complete and in accordance with Audit Principles.
o Review monthly operating reports for accuracy, completeness and major variances between actual and budget results.
o Approve monthly bank reconciliations.
o Prepare quarterly and annual fair value reports.
o Prepare summaries and forecasts for future business growth and general economic outlook.
o Consolidation with branch Offices in UK, Europe, USA, Canada, Pakistan.
o Preparing Feasibility reports for new investments and channels opening.
o Budgeting, Forecasting & Projections for new projects.
o Liaison with banks to obtain Credit Facilities.
o Processing and Managing Bank Guarantees and Documentary Letter of Credits.
o Liaison with Dubai Media City management for administrative and licensing assistance.
o Training & Implementation of financial Software.
o Liaison with International suppliers to fix the payment schedule and getting more credit facilities.
o Designed and implementation of entire financial structure.
Collaboration with law associates
Emirates Advocates Legal Consultants
Yousaf Adil & Company
Chartered Dubai.
Collaboration with Corporate Financial Institutions
Mashreqbank PSC
United Bank Limited (UBL)
Standard Chartered Bank
National Bank of Umm Al Qaiwain (NBQ)
Collaboration with Retail Financial Institutions
Barclays Bank UAE
Arab Bank UAE
Emirates Bank UAE
Doha Bank UAE
Collaboration with Auditing Companies
Ernst & Young
Griffin Nagda & Company
o Managing daily exposure limits of the clients.
o Responsible to finalize the accounts.
o Dealing with banks to obtain credit limits.
o Focusing FX to fix the daily buying & selling limits of the clients.
o Preparing weekly budgets and focusing the surplus & deficit positions.
o Proactively manage cash flows in a leveraged environment.
o Manage financial capital, communicate capital requirements/implications of business decisions to CEO .
o Conduct meaningful proactive analysis to improve key business decisions focusing on management of working capital, grow equity value - increase gross profit and reduce debt.
o Provide useful financial insights to help make better decisions about formulating and executing business strategy.
o Establish internal control processes required to manage and grow the business.
o Drive the annual budget process and the monthly reporting.
o Effectively lead the finance / accounting team by hiring and retaining top-grade talent.
o Develop and implement a risk management policy.
o Ensure controls are in place to manage commodity positions and trading.
o Develop processes and disciplines around monitoring and assessing risk in positions. Expand financial reporting systems to determine daily and weekly gross profit estimates.
o Drive effective internal and external communication interactions, effectively manage sponsor, bank, board of director and financial advisor relationships and manage the fiduciary responsibility of the CFO
o Structure, negotiate, and finalize stocks bidding agreements.
Evaluating Financial performance Overview of the Financial Markets Financial Planning and Forecasting Capital Budgeting Analysis Managing Cash Flow Risk Management Merger & Acquisitions The Management of Capital Creating Market Value Through Financial Management Strategic Planning Competitive Intelligence Financial Accounting and Audit Framework