Finance Manager
Middle East Pioneer Engineering Services
Total years of experience :30 years, 6 Months
• Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions
• Oversee financial department employees, including financial assistants and accountants
• Assess problem areas of the business for VAT compliance issues and provide guidance on correct VAT handling.
• Included necessary recommended action required to process system to implement correct VAT reporting.
• Contract outside services for tax preparation, auditing, banking, investments, and other financial needs as necessary
• Track the company's financial status and performance to identify areas for potential improvement
• Seek out methods for minimising financial risk to the company
• Research and analyse financial reports and market trends
• Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making
• Review financial data and prepare monthly and annual reports
• Present financial reports to board members, stakeholders, executives, and clients in formal meetings
• Stay up to date with technological advances and accounting software to be used for financial purposes
• Establish and maintain financial policies and procedures for the company
• Understand and adhere to financial regulations and legislation.
• Interacting with banks to enhance existing facilities related to OD, LC’s, LG’s
• Monitoring Inward and Outward LC’s and LG’s
Providing and interpreting financial information;
* Monitoring and interpreting cash flows and predicting future trends;
* Analysing change and advising accordingly;
* Developing financial management mechanisms that minimise financial risk;
* Conducting reviews and evaluations for cost-reduction opportunities;
* Managing a company's financial accounting, monitoring and reporting systems;
* Liaising with auditors to ensure annual monitoring is carried out;
* Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory
organisations.
* Producing accurate financial reports to specific deadlines;
* Managing budgets;
* Arranging new sources of finance for a company's debt facilities;
* Supervising staff;
* Keeping abreast of changes in financial regulations and legislation.
Generated monthly invoices for clients all over Bombay
Handled Monthly Billing for around 6000 + Clients
Interacted with Credit Executives on queries related to billing
Visited Clients to solve billing problems if any
Alarming of Credit Executives on overdue outstanding
from Cosmopolitan Education Society,
