Finance Manager - Museum of the Future
Dubai Future Foundation
Total years of experience :17 years, 0 Months
Financial Accounting
Financial Reporting
Financial planning and analysis
Managing the financial accounting function for Bollywood Parks Dubai and accounts receivable for 2 theme parks. Motiongate Dubai and Bollywood Parks. It consists ticketing sale, F&B sale in various restaurants and merchandise sale of all retail stores.
• Maintaining statutory books of accounts in Oracle E-Business Suite
• Reviewing and maintaining accounts of Services Provider, Suppliers & Subcontractors.
• Conducting ageing analysis of payables and ensuring that the payments are being made as per the payment terms mentioned in Work order/ Contract in compliance with the accounts payable policies.
• Monitoring the supplier and subcontractor invoices, ensuring that the invoices are being submitted to the finance department on time.
• Co-ordination between vendors & Branches for vendor reconciliation.
• Doing Bank reconciliation on daily basis & sending the bank position to the management.
• Payroll checking, coordination & payment in compliance with wage protection system (WPS) through various banks & WPS agents.
• Maintaining Account Receivables for all projects for Middle East & CIS Region in Oracle books.
• Conducting ageing analysis and ensuring that the funds are being received on time to keep receivables under control.
• Monitoring the client invoicing and ensuring that all the project invoices are being raised to various customers on time.
• Preparation of financial statements and finalization in consultation of Head of Department
• Preparing MIS reports to provide feedback to top management on financial performance, viz. variance analysis with respect to revenue and outstanding analysis age, branch & cause wise.
• Overseeing preparation of various analysis and reports for audit committee on daily basis.
• Establishing Letter of Credit (LC) with various banks for suppliers, ensuring that the funds are available at the time of maturity of such LC’s.
• Providing Quarterly variance analysis actual vs budgeted for the various Middle East Projects.
• Reconciliation of financial statements (BRS) viz, journal, ledger in compliance with the norms.
• Preparing the cash flow & sending it to all the project managers on monthly basis.
• Accounts Payable/Accounts receivables for the project.
• Daily Cash Handling and reconciliation.
• Banking and Finance for the specific projects.
• Data entry for the same in Oracle 11i.
• Salary & Wages checking & payment for Site Employees..
• Vendor Reconciliations, Cash Reconciliation, Bank Reconciliation.
• Monthly Project MIS Reporting to Head Office.
• Coordination with Head office regarding the entire site related activities