Finance Manager
IMTECH SUIR SAUDI ARABIA LIMITED
Total years of experience :16 years, 5 Months
1 ) Directed financial operations including budgeting, forecasting, and financial planning and
analysis.
2 ) Oversaw the preparation of financial statements and reports in compliance with
regulatory guidelines and company policies.
3 ) Revenue finalization and cost reconciliations of all projects and monthly reports to CFO as
per IFRS standards.
4) Associated with JV partners in Qatar and Oman and successfully executed multiple
projects.
5) Managed the accounts payable and receivable processes, ensuring timely payments and
collections.
6 ) Implemented cost-saving initiatives and streamlined financial processes to improve
efficiency.
7 ) Manage and supervise the Project cash flow, Purchase Procedures, Sales Procedures,
Payroll Functions, Cost control functions, Petty cash management and reconciliation etc.
8) Conducted variance analysis to identify areas for cost reduction and revenue
enhancement.
9) Collaborated with department heads to develop and monitor departmental budgets.
10 ) Provided financial insights and recommendations to senior management for strategic decision-making.
11 ) Managed relationships with external auditors and ensured timely completion of audits.
12 ) Supervised a team of finance professionals, providing guidance and support to achieve
departmental goals.
13 ) Developed the internal controls to safeguard company assets and mitigate financial risks.
14 ) Participated in the development and implementation of financial policies and procedures
.
15 ) Ensured compliance with Saudi Arabia VAT, ZAKAT, GOSI Regulations.
16 )Handled the project finance including LC, BG, Invoice discounting & Refinances and
settlements etc.
17 ) Conducted financial due diligence for mergers and JV’S including financial modelling and
analysis.
18 ) Represented the finance department in cross-functional meetings and projects to support
organizational objectives.
19 ) Stayed up-to-date on industry trends and best practices in finance and accounting.
20 )Provided training and development opportunities for finance team members.
21) Participated in strategic planning sessions to align financial goals with overall company
objectives.
22 ) Communicated financial results and insights to stakeholders, including senior
management and board of directors.
23 ) Led process improvement initiatives to streamline finance and accounting processes.
24 ) Managed vendor relationships and negotiated favorable terms.
25 ) Implemented financial systems and software to improve efficiency and accuracy.
26) Ensured compliance with international financial reporting standards (IFRS) and other
regulatory requirements.
27) Handled different type of insurance for the projects, employees and vehicles.
1 ) Manage and generally supervise - Finance & Accounts, Operations, Procurement and
Treasury.
2) Managed FPNA for all projects and handled month end close activities of all locations.
3 ) Revenue finalization and cost reconciliations and monthly reports to CFO as per IFRS
standards.
4 ) Monthly flash results analysis and reporting the numbers to CFO.
5 ) Annual budget preparation, budget analysis and budget presentations with detailed
commentaries.
6 ) P&L analysis and business intelligence reporting to CFO.
7 ) AP and AR Ageing analysis report for the Quarterly business forecast.
8) Managed entire scope of tasks entailing payable work & all types of payments, accounts
receivables.
9 ) Reconciliation of suppliers, bank accounts, intercompany accounts and other balance
sheet items.
10 ) Preparation of reports for Evaluation of monthly performance, sales, and profitability of
operations.
11 ) Managed payroll for the projects up to 400 employees approx. and paid out timely.
12 ) Preparation of monthly cost package for the projects, submission to client and get
reimbursement.
13 ) Prepared financial and cost budget for the projects and keep track on actuals and
variance analysis.
14 ) Part of internal restructuring such as elimination of intercompany balances, revenue
recognition, capital contribution, Dividend distribution, work in progress allocations etc.
15 ) Manage and supervise the Project cash flow, Purchase Procedures, Sales Procedures,
Payroll Functions, Cost control functions, Petty cash management and reconciliation etc.
16 ) Handled LC, BG, interest on LC finances & Refinances and settlements.
17 ) Managed to keep accounts updated and track on costs.
18 ) Participating in tender bid for commercial aspects and viability of new projects.
19 ) To lead and conduct external audit with Big4 and finalize audit
20 ) Various accounting analysis made on time to time basis to know facts and figures.
1 ) Supervised a team of 11 members Accounts Payable Team.
2 ) Take ownership of proactive service delivery in accordance with SLA.
3 ) Handle AP invoices exceptions.
4 )Knowledge in vendor Master creation.
5 ) Frequent connect with the client and resolve issues and suggest changes.
6) Keenly involved in the process improvement measures for the team.
7) Accountable for Team, Accounting operations and client management.
8 ) Prepare FMEA, Desk procedures (SOP) etc.
9 )Responsible for process migration and stabilization
10) Conduct performance appraisal, rate of the team and provide feedback.
THE INSTITUTE OF COST ACCOUNTANTS OF INDIA (CMA)- FINAL
MASTERS IN COMMERCE AND ACCOUNTING
BACHELORS IN COMMERCE