FINANCE MANAGER
Rubber World Industry LLC
Total years of experience :8 years, 4 Months
* Providing financial information to the management.
* Preparing financial reports to specific deadline and monthly closing of books of accounts.
* Making out financial analysis and reporting management for decisions accordingly.
* Drafting the annual budget of the company and addressing variations of actual costs/ revenues from the projected and reporting it to the management for timely actions.
* Monitoring cash flows and predicting future cash trends.
* Monitoring production cost and keeping control over cost with the help of production department.
* Liaison with auditors to ensure annual monitoring is carried out timely
* Monitoring production cost and keeping control over cost with the help of production
department.
* Liaison with auditors to ensure annual monitoring is carried out timely.
Developing relationships with external parties like banks, auditors and statutory organisations.
* Monitoring bank position and planning for issuance of cheques transfers.
* Dealing with customer's and supplier's Letter of Credit (LC's).
* Reporting management for slow/no moving items and revising sale prices accordingly.
* Supervising staff of finance department.
* Managing bank accounts to ensure that funds are available in order to fulfil the required deductions against LC's, Document Against Acceptance (DA's), issued cheques
Developing relationships with external parties like banks, auditors and statutory organisations.
* Monitoring bank position and planning for issuance of cheques transfers.
* Dealing with customer's and supplier's Letter of Credit (LC's).
* Reporting management for slow/no moving items and revising sale prices accordingly.
* Supervising staff of finance department.
* Managing bank accounts to ensure that funds are available in order to fulfil the required
deductions against LC's, Document Against Acceptance (DA's), issued cheques.
is subsidiary of Metropolitan Warehouse and Delivery
Corp. (USA based company), having business of Logistics, Deliveries and Warehouse in USA. MSPL
maintains books of accounts of Metropolitan Warehouse & Deliveries Corp.
Job description includes:
* Managing & supervising accounts department with a team of 7 accountants under the
supervision of Manager Accounts.
* Formulating financial reports for management & interpreting financial information.
* Monitoring strict controls over cash & bank balance movement, investing surplus funds in short
term investments, and supervising BRS of all banks on monthly basis.
* Handling tax/corporate affairs of the company and coordinating with tax consultant.
* Liaising & developing relationships with external parties, including bankers.
* Developing Financial Statement Setup in the software.
* Providing accurate financial reports to the management on timely basis.
* Preparation of projected Financial Statements on the basis of historical data, preparation of
budgets, forecasts and cash flows
Accomplishments
* Co-ordinated with independent consultant for drafting Standard Operating Procedures (SOPs) of
the entire company, thereby streamlining/ formalizing all the procedures,
* Co-ordinated with IT/ software consultant to design new payroll processing software for the
company which significantly reduced the payroll process time and errors in disbursing the salary.
provides services related to internal and
external audits of books of accounts, book keeping, taxation and ERP implementation to various
clients.
Detail of my key experiences there is as below:
* Prepare, examine & analyse accounting records, financial statements, and other financial reports
to assess accuracy, completeness and conformance to reporting & procedural standards,
* Drafted Standard Operating Procedures (SOPs) of various clients and managing junior
colleagues,
* Reviewing company’s systems, analysing risks & performing tests to check financial information
* Maintaining accounting records & management information for small businesses,
* Detecting & preventing fraud (forensic accounting),
* Prepare forms/ manuals for accounting and bookkeeping personnel, direct their work activities
* Providing internal & external auditing services for businesses and individuals,
* Financial modelling & analysis, cash management & treasury duties,
* Ensuring that appropriate systems and internal controls are implemented and maintained,
overseeing the payroll process and preparation of VAT returns,
* Participated in providing consultation regarding ERP implementation, including shifting from
other software to ERP (GBMS),
* Handling Accounts Receivable (AR), Accounts Payable (AP), General Ledger (GL), Bank
Reconciliation Statements (BRS) and their adequate disclosures in Financial Statements
Rubber World Industry LLC is a leader and producer of Rubber Insulation Tubes, Insulation Sheets,
Insulation Sheet Rolls, Glues and Tapes. Having a well known market name in UAE as well as a
major exporter to other countries
CA (PAK) Finalist