Finance Manager
Berkeley Engineering Consulting Company
مجموع سنوات الخبرة :29 years, 5 أشهر
Provided Strategic direction to management after analyzed 7 months performance data to turnaround EBITDA and improve free cash flow. Banking working capital facilities of KSA & UK was renewed with the projections.
Key Result Areas:
As a member of the top management team, played a vital role in the turnaround of the group, by relentlessly pursuing key performance barometers Supervised all commercial negotiations in Capital Expenditure (CAPEX) procurement and business acquisition proposals Preparation & co-ordination of audit of standalone & Consolidated financial statements of the Company as per local & IFRS guidelines Presenting monthly MIS to the management on performance, variances, capacity utilization, sales, consumptions, overheads analysis Executing daily funds management, payables, receivables, dealing with banks for loans, trade, forex, preparation of financial model Streamlining the receivables & payables, monitoring the inventory & receivable levels, alerting the management on alarming levels Placing & ensuring adequate insurance for all risks of the Company & its subsidiaries, ensuring adequate coverage for all risks like stocks/ fixed assets fire, burglary, transit, both inland & foreign, public liability, Mediclaim, Group Personal Accident, Motor, Erection All Risks, Machinery break down, Loss of profit Analyzing CAPEX controlling & monitoring, working out paybacks for debottlenecking projects, monthly price fixation for fertilizers, Customer quote evaluations Supervising & handling the payroll both expatriates & local staf Presenting decision support to management with right business ideas for tapping right in organic growth opportunities, analyses and submit financial proposition for new projects Emerging as SPOC between IPS and Aramco, following up payments, submission of weekly / monthly reports as per Aramco requirement, Addressing financial propositions / issues with proponents
Head of Finance and Accounts Team for 2 of the group entities.
Highlights:
Heading Finance & Accounts for 3 of SBUs of Al Othman Holding Co LLC. Assisting with decision support, business development, Capital Expenditure, Corporate finance, Compliances. Develop & Implement Measures & Procedures to ensure the business is conducted with highest level of Control, Eficiency & Efectiveness. Collaborating with Key functions to understand key drivers, trends & Plans. Incorporate inputs from all business units key stakeholders into a complete financial model - monetarizing revenue streams, P&L, Balance Sheet & Cash Flow Preparation of Annual Budget and Presentation MTD, QTD, YTD Budget Vs Actual to the Board Assisting with preparation of 3 years, 5 years business plan to present it to Board Evaluating new companies annual report and assisting MD with financial analysis report Finalization of Accounts and preparing Annual reports (P&L, Balance sheet, Cash flow statement) and working with Deloitte to draft annual report and filing zakat return Interacting with Banks for LC & Working Capital management. Authorizing supplier payment, Payroll, Insurance premium Develop and direct financials plans that align with the strategic business plan to ensure company growth in line with market opportunities. Manage the finance team to ensure all controls are regularly checked and verified and all accounts functions are performed in highest level. Task force member for efective implementation of ERP system for the organizations Built the team to ensure that they have the skills to clearly understand their role and improve their deliverables
Previous Experience
(Left 2009 & Re-joined in 2011 & Left 2013)
Highlights: Successfully established better relationship with Financial Institution and organized short - term and medium term finance for setting up new branches, new division and for working capital requirement. Reconsturcted Books of accounts for the past years before start of assignment & filed Income tax returns. Successfully without any damage to company, completed income tax audit and brought upto date. Introduced ofice automation for the company operations, VIZ - ERP solutions for Sales, Procurement, warehousing, Accounts, Payroll software, Biometric device with access control for attendance, Fax to email & Email to Fax & VOIP system for Communications, etc. Set proper Internal Control System for Warehousing, Procurement, Accounts, and Inventory Control & Cash Flow Management and made it operational through ofice automations to increase the productivity. Provided with detailed Financials Analysis of the proposed Merger & acquisitions plans and participated in Due Diligence process. Also negotiated with bankers for acquisition funding arrangements. The company has grown to top 5 players in the market during the tenure of service and worked as big
support by establishing finance arrangement with bank, Introduced ERP system to improve productivity and controls and built the strong finance team.
Highlights: Spearheaded Finance and Accounts division for the Africa (Tanzania, Kenya, Nigeria & Uganda) operation based in Dar Es Salaam, Tanzania. Streamlined the Accounts & Finance functions, built accounts structure for the organisation Efectively played key role to run the merger plan between Spice team and Cellucom team smoother.
Worked with Chairman to restructure the team for one of the operating entity and made it financial stable entity to withstand on its own.
Head of Finance and Accounts for 3 of their business units
Highlights: Functioned as the Task Force Member from the finance department for the implementation of new accounting software system for their Automotive Division Completed the Annual Report on time for two consecutive years for the total units - Dairy Division, Beverage Division & Automotive divisions
Highlights: Conducting the detailed analysis of financial statements for the Company as a whole Headed the Finance and Accounts division for 30 own branches and more than 100 franchisee networks Skilled in reconstructing the books of accounts for 8 years and brining it upto date Managed the Income Tax Assessment for 8 years Successfully implemented the following: o Proper internal controls and structured the accounts department. o Computer accounting system for across the branches and Head Ofice Presented the very first Annual financial statement on time from the inceptions of the company at the very first year of taking charge of the company. Thereafter ensured timely submission of financial statements with Income Tax department Bagged Best Accounts Manager Award in 1998
ship Training as per ICAI regulations ( Training to be part of CA studies) Highlights: First Year conducted various companies, Partnership firm, NGOs, Hospitals, audits, verification of documents, drafting Financial Statement, Finalisation of books of accounts, Preparation and filing their income Tax returns with guidance of Senior Articled Clerks. Second Year conducted Public sector Bank revenue and annual statutory Audit with the guidance of Senior Articled Clerk. Third Year - Groomed to be independent auditors to conducts audits, finalisation of books of accounts, handling Tax related matters and other statutory compliances matters.
