Assistant Finance Manager
Reliance Facilities Management LLC
مجموع سنوات الخبرة :12 years, 11 أشهر
Supervising the Financial process of Group of 07 companies, and reporting to Directors.
Prepared Group Consolidated Financial statements and controlling the working capital of the Group.
Preparing weekly reports i.e. Revenue, Cashflows, AR, AP, Departmental Budgets, Financial performance etc
Oracle R12 migration - data validation of COA mapping to financial reporting output post migration - Meeras Holding LLC.
Oracle R12 migration - data validation for all aspects of migration required for MIS, Statutory and any other requirements.
Preparation of Quarterly Consolidated Financial Statements for Dubai Properties Group.
Preparation of Statutory Financial Statements for 15 Standalone entities in Group and successfully issued.
Magrudy's operates in Retail, Wholesale, E-Commerce, Manufacturing, and Publisher rights under separate Trade licenses.
Work Responsibilities/Tasks
• Prepared Quarterly and Yearly Financial Statements as per applicable International Financial Reporting Standards.
• Monthly MIS Reporting, Financial Analysis, and detailed commentary on financial reports for senior management.
• Capital Management for more than AED 15 Million by Investing in multiple portfolios.
• Foreign currency Risk Management by booking currency spots and dealing with Futures, I have saved AED 2M approx in 04 Years.
• Supervised Accounts Payable and increase payable from 90 to 120 Days without losing good relations with suppliers.
• Supervised Accounts Receivable and reduced them from 187 to 130 Days and increased recovery by 25% within the due date.
• Reduced Inventory write-off from AED 1M to AED 50K Annually, by implementing Internal Controls on inventory movements.
• Managed Bank correspondence for Credit Facilities such as Bank Guarantees, Letter of Credit, and short term loans.
• Prepared new Project feasibility reports, legal contracts, and Cash flow management in levied environment.
• Group VAT return Filling on a quarterly basis.
Contact: Sajigesh Shaktidharan - Finance Manager - +971-567984802
ADAMS is an FMCG Company, had revenue of more than 5 Billion PKR, and has chains of outlets across all Pakistan Big cities.
Work Responsibilities/Tasks
• Perform financial analysis based on the management requirements to review the profitability and operational performance of various departments.
• Played a key role in budgeting and planning processes, and performed variance analysis.
• Pricing for new launches/initiatives by market and price recommendations on existing products for better profitability and competitiveness.
• Analyze costs, pricing, variable contributions, sales results, and the company’s actual performance compared to the business plans.
• Drive Standard Costs that support incremental savings for product mix based on market and geography.
• Identify and value the major costs for operations and their effect on profitability.
• Consulted with upper management to influence strategic decision making.
Contact: Ali Mushtaq - CFO - +92-40-4502334
Work Responsibilities/Tasks
• Assisted in preparation of Consolidated Financial Statements as per applicable reporting framework.
• Worked closely with internal and external Audit Teams to ensure statutory compliance.
• Prepare standard and ad hoc internal and external financial reports for management.
• Overseeing the monthly intercompany process ensuring differences are investigated and resolved on a timely basis
• Liaising with Subsidiaries to ensure that any reporting issues identified are investigated and resolved on a timely basis.
• Carries out post-month-end follow up with reporting subsidiaries/business units on issues arising from the monthly closing process.
• Filing of Group Income Tax and Withholding Tax returns on monthly basis.
Work Responsibilities/Tasks
• Identifying and Assess Risk of Material Misstatement through Understanding the Entity and its Environment and formulate
• Audit procedures accordingly.
• Design and perform analytical & substantive procedures to form the overall conclusion that the Financial Statements are consistent with our understanding.
• Review working papers of predecessor auditor and looked for any material matters and concerns.
• Obtain External confirmations, assessed the going concern assumptions of the entity by identifying business risks.
• Verifying financial statements (Balance Sheet, Profit & Loss, Cash Flow statements, and notes to accounts, to ensure its compliance with IFRS and IAS.
• Perform revenue Audits, forensic audits, inventory audits on various Oil & Gas and other clients. i.e.
• Pakistan State Oil,
• Oil & Gas Development Company,
• National Logistic Cell
• Shifa Hospitals.
Chartered Accountant
ACCA Member