Head Of Finance
ETA-PCS Switchgear Manufacturing LLC
Total des années d'expérience :23 years, 5 Mois
(Manufacturing of Switchgear panels, Enclosures, P.V. Elevators and Lifts Maintenance)
Monthly closure of Financials (Balance sheet, Income Statement & Cash flow) & MIS Reporting including project
costing summary, ageing of AR, AP, WIP, provision, cost to completion and cost at completion of each project,
inventory ageing analysis and variance analysis etc.,
Manage and oversee financial, accounting and business planning activities: Strategy, targets, planning, budgets,
monitoring, controls, management and reporting including management and development of policies, systems,
processes and personnel involved
Monitor and direct the implementation of strategic business plans
Working capital management and receivables and payables review and cash flow planning for the payments
according the expected collections on monthly and update on daily basis
Ensure that record keeping meets the requirements of auditors and government regulations (VAT)
Review Policy and Procedures and update time to time, Internal controls review and update the same time to
time and provide the cost reduction measures and responsible to implement the same with the co-ordination of
various departments
Supervising Payroll and Vendors payment process ensuring the accuracy to avoid duplication and other
calculations and in line with company policies
Managing & Monitoring the Bank Facilities for Loans, LC, overdraft and LG’s and planning the cash flow for
repayments and ensure inter-company reconciliations on monthly basis
Supporting commercial team in Insurance claims and Guarantees Management
Ensure VAT returns filing to be done on timely and accurately and assuring all supporting
Assisting to CFO and responsible for Accounts Finalization, Fund management,
Payables and ensure controls in place.
Key Responsibilities:
Job Description
* Supervising the accuracy of Finalization of Accounts i.e., Balance Sheet, P&L i.e., Income
Statement, Cash Flow Statement and ensure timely submission to Head Quarters
* Managing & Monitoring Facilities for Loans, LC, overdraft and LG’s and time to time review for
optimizing Finance Cost
* Preparation of Strategic Planning, Budgeting and Forecasting and update periodically for the
actuals and estimations if any
* Reviewing of Financial & Management Reports and Investigate ways to improve profitability
* Consolidating Project costing details & Project Cash flow for actual and projected
* Reviewing of Payable and Receivable reports
* Co-Ordinate with project team to obtain the details for update Projects Budget and review, to
finalize and adopt into Business Plans and Cash flow
* Monitor Project Budgets, comparing with actuals and analyze the variances and submitting to
operations team for appropriate actions in areas of improvement.
* Monitor periodic project costing and comparing the budget with actuals and analyze the
variances
* Supervising Payroll and Vendors payment process ensuring the accuracy to avoid duplication
and other calculations and in line with company policies
* Monitoring and review the BG’s Insurance claim management and Fixed assets capitalization
Co-Ordinate with HQ Auditors and External Auditors
* Setting up SOP’s for Cash, Accounting Processes & Asset Capitalization etc.,
Key Responsibilities:
Lead the internal audit team for ETA group’s Qatar operations & reporting to Head of Internal Audit.
Responsible for preparation of annual risk assessment exercise, risk based annual audit plan, budget for audit
department and assisting the DGM on presentations to Director.
Managing multiple audits and scheduling the resources and audit for Qatar business units. Act as lead auditor
during preparation of audit planning memorandum, review of work papers, reporting drafting & assist team in
performing their audit effectively & efficiently within the budget.
Recommending cost effective internal control system & providing effective suggestions to improve controls in
key areas of business, through risk based audit approach.
Holding discussions with business units on agreement of the observations, risk rating, recommendations, arriving
at an action plan for implementing controls and monitoring the same these action plans till closure. &
Undertaking investigations based on the leads obtained during regular audits or leads provided by business units.
Reporting to Vice Chairman
Preparation of Monthly Closure of Financial and MIS reporting and Variance analysis
Feasibility studies for new projects and working along with Business Development team
Supervision of workshop, placing boom division, crusher division accounts and JV accounts such as Lootah
lemmens (Industrial equipment selling & rental) and paschal emirates co. (form works)
Implemented the various modules in ERP Package (Orion) - FA, Sales, PM, MM & Job Costing
Supervising & review with operation team for department/ job wise P&L analysis for appropriate action where
the jobs running under losses or thin margins on time.
Fixed Assets management, Funds management, LC/Loans arranging and managing.
Monthly basis ensure that the hire and lease activities accounted for and reported to management and ensure
insurance coverage for all company assets
Preparing Projected Financials (Balance Sheet, P&L, and Cash flow) as required by banks
* MIS includes Monthly financials, comparing budget vs. actual & variance analysis
* Preparation of Annual Budget & forecasting trends.
* Developing reports for top management for summarizing business financial position in areas
of Income, expenses, capex, cash flows, Ageing AP and AR, Projects costing & cash flow and
coordinate the preparation of strategic plans, budget and financial forecast.
