Finance Manager
Depa Group
مجموع سنوات الخبرة :15 years, 7 أشهر
Budgeting, Analysis & Reporting - prepare annual budget that contains the Profit And Loss, Financial Position and Statement of Cash Flow and provide monthly comparisons with actuals with analytical notes, observations and favorable and unfavorable variances analysis on monthly basis to ensure that the budget meets group strategy, short term and long term objectives.
Cash-Flow Management - prepare and review Rolling Cash Flow Forecasting, Comparisons and Analysis of payments and receipts on monthly, quarterly and yearly basis.
Financial Control - Work actively with the business managers; improve the importance of Finance role within the region, ensuring involvement in all operational fields. Review Projects’ Financial Statements, Revenue, Cost, Expenses, Clients Agreements, in UAE, Middle East, North Africa & Europe.
Accounting - Supervise the Accounting Functions in term of Accounts Payables, Payments, Costing, Accounts Receivables, Fixed Assets and General Ledger - full cycle up to accounts monthly, quarterly and yearly closing.
Stock Control - Control inventory purchase and stock position to avoid any excess or shortage.
Credit Control - Supervise and evaluate clients’ credit facility requests to assign the suitable credit terms (Credit Limit, Payment Term, Payment Method…etc.), prepare overdue reports for follow up of unpaid invoices and clients' balance confirmation.
Treasury - handle the group banks transactions; Fixed Deposits, Letter of Credits, Bank Guarantees, Over Drafts, Trust Receipts...etc.
Implement Feasibility Studies for new investments/projects and existing ones to evaluate the business performance and estimate the desired revenue and expenses for top management decision.
Implement, review and develop company's policies and procedures.
Ensure that adequate financial controls are in place and adhered to for all financial transactions.
Supervise monthly payroll and employees benefits.
Liaise with Group Internal and External Auditors on quarterly, semi-annually and yearly basis.
Controlling intercompany transactions, in term of A/P, A/R, Banks, and Profits.
Review company's transactions; Supplier Quotations, Purchase Orders, Invoices, Payment Requests…etc.
Carry on system related responsibilities such as accounts receivable, payable and inventory to update the accounts to ensure it is in compliance to corporate finance procedures.
Review the company actual monthly performance in comparison with Budget to analyze the favorable and unfavorable variances with recommendations in relation to Revenue, GP, Expenses, Net Profit, Accounts Receivables, and Stock Movements.
Review and control the company day-to-day various financial transactions pertaining to Business and finance to ensure it is risk free, fraud and it is prepared in alignment with group policy and IFRS.
Review Accounts Receivables and Credits Limits granted to the clients to ensure that the concerned Business Unit is following up the company policy and its invoices by obtaining relevant documents in order to receive our money on time and enhance our cash position.
Review Accounts Payables to ensure that the concerned Business Unit has received the vendor's invoices, posting and reconcile Vendor's accounts accordingly.
Escalate critical matters to respective top management in addition to recommendations for detective or corrective action.
Professional, process-oriented, and experienced senior accountant. Utilizes communication and technical skills to effectively address Accounting & Financial Control fields. Enjoy working a dynamic environment, and collaborative capacity. Analyzes the financial reports, entries and various transactions using appropriate financial ratios and excel functions.
Certified Management Accountant (CMA) course by Morgan International, Dubai, 2013.
International Financial Reporting Standards (IFRS) course by KPMG, Dubai – 2010.