Manager
Suhail Bahwan Automobiles LLC
Total years of experience :29 years, 7 Months
A leading Group of company invested by British & UAE industrialist. Target Steel Industries specialized in manufacturing of Insulated Polyurethane panel, Moveable Port cabins, Manufacture and fabrication of steel products such as plates, section and its is one of the biggest construction company in Sudan for the turnkey jobs for warehouses, sheds, port cabins, prefab buildings etc.
A leading cladding manufacturing and construction company of Insulated Polyurethane panel, Industrial baab doors, Formtec concrete building, and portable port cabins
Overseeing all day-to-day accounts related functions ensuring efficiency and accuracy
Preparation of Monthly Income statement, Balance sheet, Fund flow and timely submission of MIS report to the Management
Preparation of Month end JV of Provision, depreciations, etc
Scrutiny and reconciliation of ledger of Accruals, Provisions, Account receivable, Account payable, Prepaid expenses, Retention schedule, Fixed Asset register
Perform month end closing process, including review of GL accounts, preparing accruals and other closing entries
Liaison with the external auditors in finalization of company accounts
Liaison with the company’s internal audit department
Ensure that adequate internal controls are in please for all activities relating to the accounting functions. Reconciliation of ledger accounts ensuring accurate reporting
Supervise, train and coaching staff while performing their duties
Projects
Jobs: Scrutiny of jobs. Monitoring the work order issued by the engineering department and making sure that the material issued for production are in accordance with the Bill of quantity and specification of the material. Ensuring whether financial obligations are met as per the terms of contract before the Production. Submission of Job variance reports to the management ( the actual material issued against the estimated quantity)
Turnkey, Lump sum, Unit contract Jobs: Closely follow up of the contract agreement of the such turnkey lump-sum jobs, Ensuring the timely submission of the progress bills in co-ordination with Project In-charge and follow up of projects
Projects payment(Sub Contractors): Verification of sub-contractors payment, checking the bill of quantity with co-ordination with the project in-charge, and making sure the bills has been certified by the concerned authorities as mentioned in the contract agreement
Monthly reconciliation of Retention amount.
Monitoring the Advance payment, Performance Guarantees
Maintaining the Work in progress register and timely capitalization of Assets
Scrutiny of monitoring the Fixed asset register
Account Payable
Scrutiny of bills with Purchase Requisition and LPO and making sure that the expenses are debited to the proper cost centre and ensuring that the document has been approved by the authorized companies signatory
Release of payment to vendor on their due date
Ensuring the timely payment of Utilities bills and submission of report to the payroll department towards the personnel expenses of the employees
Co-ordination with Credit department before releasing the payment to Vendor against their receivable to the company
Reconciliation of Trade creditors statement account
Scrutiny of follow up of advance paid to the creditors
Reconciliation of Group companies payable
Account Receivable
Ensuring the timely submission of bills with proper documentation
Co-ordination with the Credit Collection Department towards the amount realization
Preparation of forecast report to the management towards the receivable.
Timely reconciliation of account with trade debtors
Co ordination with the sales department and submission of sales report to the concerned HOD.( employee wise and product wise and to the management
Liaison with the legal department towards the over dues and bounced cheques
Treasury
Preparation of import and Export LC
Ensuring the receipt of proper documents as per the Terms and Conditions of LC
Liaison with the Shipping department to release the material from the port
Maintenance of Import LC schedule
Co- ordination with the Treasury department to arrange the fund on maturity of LC
Monitoring the shipping guarantees and timely release of the same after obtaining the proper document from the exporter
Co ordination with the procurement department to arrive at the landed cost of the material imported
Legalization of Import and export material documents and completion of all procedural formalities for clearance of shipment, and GCC certificate for exporting the finished products to GCC countries
Payroll
Scrutiny of monthly payroll, and making sure of correctness of additions and deductions. Preparation of Leave pay and indemnity as per companies policy
Ensuring the employees recoveries against salary advance, telephone water and electricity
Settlement of employees foreign business travel as per companies policy
Ensuring timely submission of bill against the advance taken by the employees towards the company expenses.
Scrutiny of incentives of sales executives against their monthly targets.
Others
Reconciliation and submission of Monthly VAT report to the respective Government Vat department ( In Sudan)
Calculation of Monthly Social insurance fund and Income tax (employees) report and submitting it the National Social Insurance Fund & income Tax authorities ( in Sudan
Employment Transferred from Oman -
Transfer Date 11.07.2016
Reporting To GM finance
EasyDrive Auto Rental Car has started the operation in KSA from 2010 and the Head office
Automobiles LLC is part of multi-billion dollar Suhail Bahwan group. It is the exclusive Automotive Distributors in Oman for world class brands like
Leading Advertising and Media Production Company, specialized in advertisement in Bus, Shopping malls, Road side advertisement, 3D advertisement