Manager - Group Accounts
Alshaya Group
Total des années d'expérience :29 years, 6 Mois
Consolidation of Holding Companies' accounts with Subsidiaries.
Preparing & maintaining statutory books of accounts in compliance with time & accuracy norms.
Conducting verification of various books of accounts to detect any possible errors and omissions and to ensure
that accounts prepared in conformity to the accounting standards.
Presenting a true and fair view of the financial position of the company.
The ensuring amount of balance sheet accounts are tallied with its respective subsidiary ledger and the items on
the subsidiary ledgers are fully substantiated.
Prepare management reports that will compare actual costs with budgets, showing variances, disclosing the
reasons for them are taking necessary corrective measures.
Managing year closing with proper adjustments, preparing financial reports for the year with proper provisions
and the approval for the same from auditors.
Actively involved in the Valuations of Business, Investments and properties. Financial Review of Investee Companies.
Preparing of MIS, Financial Statement on monthly and Annual Basis.
Making quarterly financial reports as per the Executive Management requirements.
Preparing MIS reports to provide feedback to top management on the financial performance of investment companies.
Variance analysis of profit, margin percentage, etc.
Involved in the process of costing and business planning entailing the following:
Costing of products and services, profitability analysis of the products, outlets profitability analysis & costing for
tender submission.
Acceleration of depreciation (Life enhancement of assets according to the actual usage of assets).
Analysis of the effectiveness of manpower utilization.
Formulated business plan and strategic plan.
(Central Accounts, Electronics Group Control, Home Furnishings Group Control)
Conducted analysis of prevailing market trends, involved in budgeting, and exercising strong inventory control for
effective cost management.
Made reports for discount campaigns.
Prepared first budget model for Textiles Group and was involved in reducing the overheads over the previous year,
which was accomplished through effective inventory controls and working out a good program for sales bonus.
Reported to the Central Bank about the financial position in the prescribed formats.
Undertook preparation of Monthly Operating Report, Profitability Analysis by product as well as by brand, financial
Presentation slides in PowerPoint.
Inventory Control Analysis (Excess / Problem inventory & Forward Cover).
Coordinated physical stocktaking and inventory reconciliation.
Undertook showroom profitability analysis with the help of key performance indicators to improve productivity.
Accounting of General Ledger, Fixed Assets System, Accounts Payables, Accounts Receivables, Cash
Management System.
Monitoring monthly closing of Accounts.
Spearhead the activities of the Yearly closing of books of accounts and finalization of accounts.
Giving various schedules and reports to the statutory auditors for the yearly audit of accounts
courses: CPA (Certified Public Accountant): Finance. Auditing, Regulations, Management Accounting
I am a CPA (Certified Public Accountant) from The American Institute of Public Accountants
courses: ACMA (Associate Certified Management Accountant): Management Accounting, Costing, Budgeting, Pricing, Cost -Volume-Profit analysis
courses: CMA (Certified Management Accountant): Management Accounting, Costing, Budgeting, Internal Controls
Business Administration, Financial Management, Accountancy etc.