Muhammad Ali, Group Finance Manger

Muhammad Ali

Group Finance Manger

Abou Nabil LLC(OMN) Group

Location
Oman - Muscat
Education
Master's degree, Finance
Experience
28 years, 7 Months

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Work Experience

Total years of experience :28 years, 7 Months

Group Finance Manger at Abou Nabil LLC(OMN) Group
  • Oman - Muscat
  • My current job since January 2013

Duties & Responsibilities:
 Liaise with all departments to facilitate preparation of the Company’s annual budget for review by the company executive.
 Establish appropriate procedures and controls within the department to ensure for accurate and timely record of all financial transactions with adequate support.
 Review of Sales target and R/A, P/A, Inventory aging.
 Review of profitability margin of business activities,
 Verify revenue, expenditure, assets and liabilities by comparing items to documentation, records, and suffice the audit objectives.
 Exercising effective control over all the financial accounting matters of the company and Oversee the development and implementation of financial procedures and control tools
 Negotiating with the banks for facilities and loans and analyzing and evaluating the performance vis-à-vis budget on a periodic basis.
 Ensure compliance to the policies and procedures by verifying records and documentation
 Draft Financial reports and other reports as required and monitoring of Cash flow statement
 Analytical Review of Financial Statement of Accounts.
 Management of taxation

Chief Financial Officer (CFO) at Gymkhana Hotel, Restaurant, Club
  • Pakistan - Lahore
  • July 2011 to November 2012

Duties & Responsibilities:
 Planning of business development and review of profitability margin of business activities,
 Cash flow and project cash flow management,
 Analytical review of business results of Financial Statement
 Timely preparation of financial statement and liaison with financial institutions,
 Financial planning of the organization,
 Review and monitor compliance and internal control procedures relating to finance function
Supervise the input of financial data into software & generate required reports for management

Financial Controller at Galadari Group
  • United Arab Emirates - Dubai
  • April 2008 to February 2011

Duties & Responsibilities:
 Manage the formulation, review and approval process for budget,
 Financial analysis and cash flow statement on weekly & monthly basis.
 The timely preparation of monthly Financial Statements & analytical review
 Management of credit controls of the company’s operations,
 Preparation of MIS Reports

Senior Accounts Supervisor at Axiom Telecom LLC
  • United Arab Emirates - Dubai
  • October 2004 to May 2007

Duties & Responsibilities:
 Preparation of annual budget& Analytical review of financial statement.
 Financial analysis (product wise sales, gross profit and expenses analysis,
 Formulation, implementation and maintain of accounting procedures and internal financial control over the company’s operations,
 Preparation of MIS Management
 Ensure that all revenue &cost, Assets & Liabilities are properly recorded and accounted for.
Inventory

Chief Accountant at Ayesh Textile Mills Ltd.
  • Pakistan - Lahore
  • January 1994 to March 2004

Duties &Responsibilities:
 Fund & treasury management,
 Monitoring books of accounts,
 Checking the nature of capital and revenue expenditure,
 Preparation of financial statements on monthly, quarterly, half yearly and annually,
 Finalization of internal audit, Interim audit and final audit of accounts and sales tax.
 Reconciliation of Production A/c with Sales, Purchase &Stocks. Benchmark costs and identify cost reduction opportunities.
 Analysis of Sales and Receivables.
 Financial Analysis and MIS Management.
 Loan financing from banks/LC documents/enhancement & renewal of exiting loans facilities.

Education

Master's degree, Finance
  • at American International College Pakistan
  • January 1995

courses: 1 CA Institute of Chartered Accountants of Pakistan (ICAP) 1999 2 CFC Institute of Certified Financial Consultant(Canada

High school or equivalent, Finance
  • at Hailey College of Commerce, Punjab University PakistanI.Com Board of Intermediate & Secondary
  • January 1985

Specialties & Skills

Budgeting
Financial Planning
Cash Flow Forecasting
Analysis
BUDGETING
BUSINESS DEVELOPMENT
CASH FLOW
DOCUMENTATION
FINANCE
FINANCIAL
FINANCIAL ACCOUNTING
FINANCIAL PLANNING
INVENTORY MANAGEMENT
NEGOTIATION

Languages

English
Expert
Hindi
Expert
Urdu
Expert