Finance Manager
Dr. Sulaiman Al Habib Medical Group
Total years of experience :28 years, 0 Months
Dr. Sulaiman Al Habib Medical Group is a fast grwoing healthcare group with above 8000 employees, with huge expensions in different regions.
Responsbiliities as Head Of Finance Department include:
-Overall responsibilities for day to day financial matters.
-Ensuring compliance of IAS & IFRS in each unit of business activity in the hospital.
-Finalizing monthly accounts and dealing with external auditors for annual final accounts.
-Presentation of financial statements & financial results to the corporate financial management and general manager.
-Presentation of Projected financial statements & variance analysis.
-Funds management and processing funds flow activities.
-Dealing with corporate finance for compliance the financial and operational tasks set by the management.
-Suggesting business, controls and system enhancements for financial controls effectiveness and generating more income and saving costs.
Photo Dimensions is a Commercial Printer serving U.A.E. and GCC countries. 15th Asian Games Doha Qatar was a successful event of Photo Dimensions. It has highly sophisticated printers like Vutek 5/2meters, Lambda Photographic printer & other HP Printers.
Responsibilities:
- Controlling all Finance & Accounting & Inventory matters supported by 4 staff members.
- Validating and verifying daily business transactions and routine business requirements.
- Dealing with bankers for facilities renewal, trade finance, discounting & other issues. Providing budgeted financial statements and their required statements.
- Monitoring bank balances and proposing transfers as per facilities limits.
- Ensuring with assigned staff for suppliers', Customers' & Banks reconciliations.
- Ensuring proper book keeping and preparation for annual audit.
- Approving quotations, payments to suppliers & petty cash payments.
- Validating & approving inventory LPOs as per production requirements, checking & verifying physical stocks.
- Helping production & sales departments in jobs evaluation with respect to their profitability and cash flow.
- Directly Reporting to Managing Director & Partners for budgets, forecasts, break even sales, monthly financial statements and various analysis.
Bindawood Group involved in retail & trading business having super/hyper markets & distribution networks in the whole kingdom.
Responsibilities as Chief Accountant-Jumairah Marketing-May 2004:Nov 2006
- Controlling all Finance & Accounting matters.
- Customers' accounts finalization, validating issuance of invoices and returns with effective controls of inventory and accuracy of booking in JDA Financial Systems.
- Customers' Credit Control with continuous follow-ups using aging analysis.
- Vendors' subsidiary accounts reconciliations, validating payments.
- Dealing with the banks for financial matters opening of L/C, amendments, facilities, guarantees and other business related issues.
- Managing Petty Cash Payments and Controlling physical cash with daily cash count procedure.
- Checking and Finalizing Imports Costing Sheets, POs, Receiving and Pricing the goods with general manager's decisions.
- Verification & updation of Inventory as and when required including physical count supervision.
- Review of monthly Payroll.
- Finalizing Financial Statements, Forecast, Business Review and reporting to G.M. & Directors and to Foreign Suppliers for their business growth and trends.
- Dealing with IT department for updating and analyzing JDA software Issues.
Responsibilities as Regional Manager Accounts-Bindawood Super Market-Jan 2003:May 2004
• Controlling Finance & Accounting matters of Jeddah.
• Dealing with Suppliers and reconciling vendors’ subsidiary accounts.
• Dealing with customers and receivables and other income.
• Directors’ personal account and dealing with the matters relating to their credit cards.
• Managing Petty Cash Payment of Jeddah branches.
• Inventory verification as and when required.
• Analysis of customized reports from IT Department.
• Controlling Finance & Accounts matters of Jumaira Marketing and finalizing financial statements.
• Participating in Danube Co. for JDA Accounting implementations project.
Ghani Dyeing Industries (Pvt.) Ltd. is a Dyeing Unit serving major exporters of knitted garments' manufacturers in Karachi and its sister concern Ghanitex Exports.
Responsibilities:
•Overall responsibility of Finance & Accounting Department.
•Overall responsibility of ensuring maintenance of proper books of accounts of both of the companies.
•Checking and verification of daily transactions.
•Inventory control measures, physical stocks, efficiency of dyeing departments.
•Dealing with banks for financial matters.
•Dealing with income tax & sales tax matters.
•Dealing with customers and suppliers.
•Coordinating in ISO Certification procedure of Ghanitex Exports.
Feroze Group is a leading group of manufactures and exporter of cotton yarn and terry towel and bathrobes etc to USA, Canada, China and some other countries.
Worked as “SENIOR EXECUTIVE OFFICER” in Audit Department from May 2001 to June 2002.
-Studies of departments’ systems, policies, working methods, procedures and to present reports relating to procedures analysis, observations, comparisons and recommendations etc.
-Analyzing producing departments like stitching, weaving departments’ efficiency analysis.
-Audit of working papers prepared by planning department for packing accessories demand on the basis of order sheets prepared by marketing department.
-Review of budget of the whole group.
-Assignments completed to date given by management:
o Finished Good Warehouse procedures study.
o Packing Store procedures study
o Dyes & Chemical consumption in yarn dyeing process.
o Analyzing production process.
-Supervised the financial audit of one of the member concern “Feroze Textile Industries”. Including suppliers’ bills, bank reconciliations, budget reconciliations, payroll of the factory, salary tax returns etc. for one month.
Worked as “SENIOR EXECUTIVE OFFICER” in Finance & Accounting Department from May 1998 to May 2001.
-Group Bank Position of three companies along with inter-company reconciliation.
-Checking and verification of all types of group vouchers.
-Head Office employees’ payroll consisting of 50 employees.
-Monthly reporting like filing of salary tax returns, group stock warehouse reconciliations, input output reconciliations etc.
-Assisted management in implementation of G.L. and Payroll software.
Quality textile is a manufacturer and exporter of Cotton Yarn to Europe.
Karachi, Pakistan
-Preparation of Financial Statements i.e. Balance Sheet, Profit & Loss A/c, Statement of Cash flows on monthly basis, along with detailed notes to the accounts including schedules of Raw Cotton Consumption, Work in Process, Finished Goods, Depreciation, Power Consumption etc.
-Preparation of Raw Cotton & Yarn quantity reconciliation.
-Preparation of Projected Cash flows, Profit & Loss A/c, Balance Sheet.
-Decision making statements for acquisition of assets.
-Horizontal & Vertical Analysis. Comparison of company’s profitability and financial results with previous years or months, or based on the sales as per requirements.
-Inter firm comparisons. Comparison of company’s profitability with other companies of the same industry.
-Checking & verifying Insurance premium calculations either on fresh policies or endorsements.
-Filing of Income Tax Returns U/S 50(1), 50(4), 139 & 142.
Successfully completed followings Foundation Level - Completed Intermediate Level - 1 : Completed Intermediate Level - 2 : Completed Final Level - 1 : Completed Final Level - 2 : Two Papers Exempted out of Four
Graduation Completed from University of Karachi in 2nd Division.
Completed Higher Secondary School Certificate Education - Intermediate
Completed Technical School Certificate from Sindh Technical Board Karachi