Finance Manager
The Food Concepts
Total years of experience :19 years, 2 Months
Budgeting
Forecasting
Cash Flow Management
Bank Facilities Management
Feasibility studies for new ventures
Initial accounting setup
New Restaurants feasibility
Break even Calculation
Retiring partner settlement.
Budgeting & forecasting in co-ordination with the department heads,
Cash flow management.
Drafting monthly financials for board meeting.
MIS reports for major decision making.
Graphical presentation of financial information for non-finance superiors.
Division wise, brand wise & area wise profitability.
Design & implementation of controls.
Managing and supervising all accounting activities including payments & collection.
Introduction of incentive plan to boost sales.
Liaised with the external & internal auditors.
Coordination with suppliers for cost reduction.
Maintaining excellent relationship with bank, credit rating agencies, major clients & suppliers.
Implement controls and measures to improve & streamline the inventory process.
Monitoring of capital employed: fixed assets, inventory, prepayments and accounts receivable.
C L I E N T S .
Formula 1(Royal Catering Abu Dhabi), Jumeirah group, Burger King, Tim Hortons, Star bucks, Dunkin Donuts, Baskin Robins, Pink berry, Frozen yogurt e.t.c.
A C H I E V E M E N T S .
• Detection of material fraud.
• Improved decision-making.
• Significant improvement in cash flow.
Budgeting & forecasting in coordination with department heads.
Setting sales target for outlets in coordination with operation(sales) managers.
Cash flow management.
MIS reports for the board for major decision making.
Drafting monthly financials for board meeting.
Monthly performance measurement of outlets.
Recipe Costing & Performance measurement of division/products.
Products portfolio management.
Breakeven calculation and setting target sales for outlets.
Introduction of incentive plans to boost sales and profitability.
Designing and implementation of controls.
Managing and supervising all accounting activities including collection & payments.
C L I E N T S .
Formula 1(Royal Catering) FB Franchisee, Dubai Cruise Terminal,
DUE DILIGENCE
Due Diligence on acquisition of 100% share of French Bakery & La Marquise by Bu Haleeba.
A C H I E V E M E N T S .
Improved profitability through standardized product costs and recommendation for outlets sales & discontinuing the loss making products.
Development of various MIS reports in ERP System.
Budgeting, forecasting & cash flow management.
Liaising with project managers.
Project profitability analysis.
Routine & ad-hoc reporting.
Management of LCs, LGs & insurance policies.
Cost Control & Supervising accounting activities.
Finance and operation reconciliations.
Supervision of bank payments.
Audit coordinator.
S E N I O R . A C C O U N T A N T .
Project progress, cash flow & other reports.
Recording Revenue as per IAS 11
Following accounts receivable.
Issuance/acceptance of L/Gs & L/Cs.
A C H I E V E M E N T S.
Enhance MIS reporting standards.
C L I E N T S.
Emirates airline, RTA, AWQAF, Emmar, MoE, One & Only Royal Mirage
Supervision of Remittance, clearing and cash transactions.
Processing and Management of Car Ijarah and Diminishing musharka (house finance)
Monthly reporting to Head Office for the branch financials.
Ad hoc reporting to Head Office and State bank.
KYC as per head office request.
C R E D I T . A U T H O R I S A T I O N . D E P T T.
Analysis of financial statements (liquidity, profitability, gearing)
Analysis of cash flows & projected cash flows.
Recommendation for approval, disbursement & collection of Murabaha.
A C H I E V E M E N T.
Drafting of branch budget independently.
First Position in Islamic Banking Training in IBP in Graduates Trainees Batch.
Audit planning,
Analytical review,
Materiality, Sampling,
Substantive detailed procedure,
Compliance of: IFRSs, IASs and local laws and regulations.
Drafting of: Management Letter & Audit Report
Major Clients.
Sindh Particles Board Mills Limited (Manufacturing of chip boards)
Kashmir Polytex Limited (Manufacturing of Polypropylene bags)
Creek Marina (Construction project)
Aasif Sugar Mills Limited. (Manufacturing of sugar)
Premium Textile Limited (Manufacturing of cotton yarn)
SMA Rizvi Textile Institute (Semi government technical training college)
Financial Performance. Financial Reporting. Budgeting & Forecasting. Audit & Assurance
Internal Audit
ACCA
Ist Division. Banking, Commerece, Accounting, Statistics & Economics, Audit
Accounting, Costing, IT, Reporting& Business Analysis
