Country Head
Al Neel Exchange
Total years of experience :12 years, 0 Months
❖ Responsible for managing overall business operations
❖ Responsible for reporting to the Central Bank Of U.A.E
❖ Formulating stringent internal controls for operational efficiency
❖ Link between the company & regulators
❖ Custodian & final verifier of all business policies of different department.
❖ Handling of emergencies and other major issues involving the employees and company
❖ Responsible for initiating new business options.
❖ Monitors the performance of the branches and departments, provides feedback on their performance and
conducts performance evaluation.
❖ Participates in the recruitment and selection of clerical staff by performing duties such as screening
resumes, interviewing applicants and providing input on selection.
❖ Responds to outside inquiries about services offered by the organization.
❖ Tracks office program to ensure smooth flow of operations.
❖ Maintains client and program information using spreadsheet and/or database software.
❖ Represent the organization and follow the communications with the business partners.
❖ Overall responsible for businesses related to FC/TT/WPS etc
❖ Responsible for all in & out communications to central bank & regulators
❖ Controlling all the Head office departments
❖ Formulating processes for administration & operations of the company
❖ Performs other related duties as required
Finance & Accounts Manager, M/s. Al Ghurair International Exchange, Dubai, UAE (Dec 2005 onwards)
Finance Officer, M/s. Secure Forex Private Limited, India (July 2004 - Aug 2005)
Job Profile - Finance & Accounts
• Remain a main point of contact for financial related issues.
• Ensure that all accounts responsibilities are handled efficiently and effectively.
• Prepare financial statements & reports for senior management & statutory bodies.
• Ensure accuracy of information contained in financial reports & their compliance with statutory requirements.
• Manage the day to day financial transactions of the company.
• Maintain book of accounts in a computerized environment.
• Supervise the whole range of Accounts Payable, Receivable & Budget Preparation.
• Monitor actual performance to budget, and analyze reasons for variances.
• Monitor Payroll and Management Reporting Activity.
• Handle cash management; control petty cash; prepare render accounts of individuals & departments.
• Prepare Projected & Actual Cash Flow Statements.
• Accounts payable Management Sales order processing, Shipment follow-up and Logistics co-ordination
• Accounts Receivable Management and co-ordination with customers.
• Forecasts and Trade allowance preparation and follow up • Office Expenses Management and Financial Reporting to the management
• Manage the Invoice generation Operation & Credit Control.
• Ensure reconciliation of all sub ledgers & general ledger is performed on regular basis.
• Ensure General Ledger entries are accurate and are in line with Company Procedures.
• Finalize Trial Balance with supporting schedules.
• Ensure effective fixed assets & inventory control is applied.
• Check Monthly Bank Reconciliation Statements of all bank accounts maintained; resolve any differences in a timely manner.
• Ensure continuous development & improvement of the procedures within the finance department.
• Liaise with & assist internal & external auditors; implement recommendations if any; take corrective action wherever required.
• Verify the assets & liabilities mentioned in reports in fact exist.
• Assess the efficiency & effectiveness of the organization.
• Offer suggestions on improving the accounting system if required.
• Preparing Group Budgeting Reports
• Preparing Monthly Reports & Central Bank Reports
• Preparing Fund flows of the company
• Worked as a Compliance Officer for Anti Money Laundering (AMLO)
• Formulating MIS reports of Company performance
• Preparing Reconciliation for Branches.
• Preparing Reconciliation for Concerned Banks.
• Preparing Branch Assessments for Regular Branch Performances.
• Obtaining Reports for FOREX earned & Commission Gained.
• Following Remittance to & from Foreign Concerned Companies.
• Preparation of Import & Export Documentation
• Well Versed with Import & Export of Foreign Currencies Shipments
• Adopting Cost effective measures for Shipping
• Making booking & arrangements for valuables
• Planning, implementing WPS (Wages Protection System)
• Dual Master of Business Administration (MBA) - Finance, Marketing. Osmania University, India
• Bachelor of Commerce (B.Com), Osmania University, India • Accounts for Business Management (Accounting Packages)
• Post Graduate Diploma in Computer Applications