Assistant Finance Manager
Emaar Middle East
مجموع سنوات الخبرة :23 years, 3 أشهر
Management Information System
• Assistance for the preparation of periodical Financial statements
• Liaise with internal / Statutory auditors
• Participating in Preparation of Yearly Budget.
• Preparation of Cash Flow Statement & forecast for the subsequent months.
• Analyzes financial record to forecast future financial position.
Treasury
• Due diligence work for Project financing, Bridge loan and mortgage.
• Preparation of information memorandum for due diligence
• Escrow Accounts Opening & maintenance to comply the real estate off plan law in KSA
• Construction all Risk Insurance for the projects to comply real estate law
• Monitor the working capital requirement regularly to ensure that they are within the norms specified.
• Fixed Deposit placements
• Design and implements cash management system.
• Incorporation accounts for Associated/Subsidiary companies
• Review of Bank Reconciliation & do follow up with banks
• Ensure that all Group Companies Bank Liabilities are well documented, verified, recorded, and correctly reflected in the company's financial statements.
Accounting Receivables
• Autonomously Handling receivables & Collections.
• Preparation of frequent reports to Management by highlighting the defaulters, causes & solution.
• Interact with Legal department for action on defaulters after necessary follow up & forfeit through concerned departments
• Analyze the debtors aging and follow up on overdue outstanding
• Assisting collection Executives by putting innovative collection schemes.
ERP
• Successfully implemented Oracle for the company
• Worked in the Data migration from Legacy to Oracle
• Was the Business Process Owner for finance
• Formatted & Finalised all the required reports for finance
Treasury
• Maintaining working capital for the day to day operations.
• Hedging with banks for Euro payments
• Letter of Credit and Letter of Guarantee executions
• Discounting of LCs
• Monitor all requests for payments.
• Complies and report financial data as required by Banks and Financial Institutions.
• Advises management on investments and loans for short and long range financial plans
• Establish and maintain relations with banks and other financial institutions.
• Liaising with insurance companies
Management Information System
• Preparation of Cash Flow Statement & forecast.
• Variance analysis of actual against Budgeted expenses.
• Tracking and follow up of Accounts Payables & prepaid.
• Maintaining & Reconciliation of customers & Suppliers accounts.
• Tracking of fixed assets, vehicles, other equipment are properly insured.
Costing
• Develop and maintain cost finding.
• Reporting and internal control procedures.
• Batch Costing & & Profit Analysis.
• Tender support work- & Profit Analysis.
System Administrator of the Accounting Software, Preparation of Royalty Report, Preparation of MIS Reports, Preparation of Sales Budget, Bill of Material, Preparation of Bank Reconciliation, Reconciliation of Suppliers accounts, Preparation of Fund Flow & Cash Flow Statement, Preparation of Payroll, Dealing with Banks, Preparation of Daily Reports, Dealing with Petty Cash & Bank, Vouching of Payments.
• Compliance analysis against the policies of the company
• Preparation of the bank reconciliation statements.
• Reconciliation of the suppliers’ accounts.
• Vouching of sales transactions &
• Dealing with Petty Cash.
Dual Specialisation (Finance & Marketing)
Completed intermediate
by securing 82% in Accountancy