Finance Manager
National Central Cooling Company - Tabreed
Total years of experience :20 years, 9 Months
oversee overall company's Financial performanceof the company
Manage the accounting team
Cashflow management and collection
Budgeting and forecasting
Budget spending controls
Developing financial strategy, including risk minimization plans and opportunity forecasting
High-level financial reporting and analysis
Regular budget consolidation
Improving efficiencies and reducing costs across the business
Stakeholder management
Federal Tax Authority
Developing financial reviews and providing advice
Payroll processing
Working closely with management or executive teams to share reports and analysis findings
• Ensure all accounting entries are entered clearly, accurately, completely and on time.
• Ensure revenue and cost recognition entries are entered accurately.
• Ensure capitalize or expense costs are appropriate and charged to the correct cost centre.
• Ensure all period end entries (prepayments, accruals etc) are recorded correctly and promptly.
• Notify any unusual transactions or key issues to the Management.
• Ensure that suppliers are all paid within the contractually agreed payment period.
• Ensure payables sub ledger accounts are reconciled to the suppliers’ statements of accounts.
• Ensure proper records are kept for all payments.
• Prepare and submit project specific forecasted profitability statements with analysis and recommendations.
• Prepare monthly cash flow and profitability forecasts and compare actual with forecast.
• Help in preparing the annual business plan and budget.
• Prepare and submit the Monthly Financial Report that includes P & L, cash flow and balance sheet, with analysis.
• Liaise with external auditors. Ensure audit is started and completed on time with minimal interruptions to operations.
Joined and still working as Group Finance Controller where Job role includes:
• Ensure all accounting entries are entered clearly, accurately, completely and on time.
• Ensure revenue and cost recognition entries are entered accurately.
• Ensure capitalize or expense costs are appropriate and charged to the correct cost centre.
• Ensure all period end entries (prepayments, accruals etc) are recorded correctly and promptly.
• Notify any unusual transactions or key issues to the Manager-Accounts or CFO.
• Ensure that suppliers are all paid within the contractually agreed payment period.
• Ensure payables sub ledger accounts are reconciled to the suppliers’ statements of accounts.
• Ensure proper records are kept for all payments.
• Prepare and submit project specific forecasted profitability statements with analysis and recommendations.
• Prepare monthly cash flow and profitability forecasts and compare actual with forecast.
• Help in preparing the annual business plan and budget.
• Prepare and submit the Monthly Financial Report that includes P & L, cash flow and balance sheet, with analysis.
• Liaise with external auditors. Ensure audit is started and completed on time with minimal interruptions to operations.
also looking Intercompany trasactions of AMBH Group
I am responsible for Bank Correspondence, Trade Finance, Treasury operations, ILC, ILG and Bill Discounting. I am Also responsible to check payables and recommendation for the payments, aging and payment portfolios.
I ensure the management that the financial accounting is according GAAP and I also monitor Internal audits. I also prepare Financial Budgets and variance analysis to control overheads with the comparison reports of actual and budgetary financial plans.
I ensure that the revenue must be recorded according to GAAP and accrual basis. I also manage inter-project and Intercompany cash flow management.
I am consistently providing the Financial Reporting to GM, CFO, CEO and Managing Director management reports include Cash Flows, Ratio analysis, Cost of Capital, Capital budgeting and NPV.
I am also looking provisions for Taxation for IRAQ and Pakistan on Income and Sales tax and rebates.
I perform variance analysis for Projects and Administration along with cost-cutting policies. for the Management of Bank Facilities like LC and Guarantees manage collateral for Bank.
Bank Correspondence includes Financial Guarantees, Corporate Guarantees, Letter of Credit and Overdraft facility managed with bank.
Invoicing of revenue of ENI Oil Well Drilling on monthly bais.
Payments to vendors and payment plans for projects.
Receivables payable Aging and followup with clients.
Book Keeping and Record maintenance to ensure the GAAP.
Financial Reporting to CFO and Manager Finance.
Bank Reconciliations and foriegn fund transfer monitoring.
Taxation and Provision for taxation, filing monthly quarterly and Annual tax returns for Income and Sales Tax rebates.
Team leader for Finalization of Accounts, designing of chart of accounts and closing entries.
I am responsible to have requsition for plant installation and to generate a purchase requsition in the system. than forwarding that purchase requsition to get quotations from purchase department, On the basis of Purchase requsition generate a purchase order and approval given to purchase department by the Operations Manager.
After the purchasesof material collection of invoices and verfication from the purchase department I generate a good dispach note that include quantity and specs of goods.
On the basis of goods dispatch note Store gate issue a document Gate Inward receipt on the basis of Gate inward receipt, store keeper issue a Goods receipt note on the basis of Goods Receipt note I have to generate Purchase invoice along with the vendor Invoices I have to verify.
After the verification payment plan is issued.
In this all process the following are main duties
Payable Receivable Aging
Procurement
Financial Reporting to Finance Manger
Book keeping
Bank reconcilliations
Taxation.
Teaching to the science students of undergraduate level, O Level and A level students the core subjects of Mathematics and Physics.
Management Theory & Practices Marketing Theory & Practices Financial Accounting Business Communication Economics Analysis Business Mathematics Business statistics Cost Accounting Human resource Management Business Research Methods Management Information System Financial Management Credit Management Business Policy Business & Labor Law of Pakistan & U.A.E Project Management Auditing Taxation Management Investment & Securities Management Corporate Finance Banking Law & Practice
PHYSICS Mechanics Heat & thermodynamics Electricity & Magnetism Nuclear Physics Sound Wave theory & Practices MATHEMATICS Calculus Mechanics Derivatives & Integration Matrices Topology Numerical Analysis Vector Space
Computer MS Word MS Excel MS Power Point MS Access C language C++ PHYSICS Mechanics Heat & thermodynamics Electricity & Magnetism Nuclear Physics Sound Wave theory & Practices MATHEMATICS Calculus Mechanics Derivatives & Integration Matrices
URL removed due to policy violation. Please contact support for further information.