Finance Manager
Jawa Investments (DIFC) Ltd.
Total years of experience :14 years, 5 Months
• Involved in all aspects of transactions including initial due diligence, preparation of the CIM, modeling, presentations.
• Responsible for performing comparable companies and precedent transaction analyses in Excel.
• Prepare the Firm’s budget and financial projections on an annual basis.
• Ensuring the establishment and maintenance of financial systems and controls, policies and procedures that ensure the Firm’s financial affairs are managed effectively and responsibly.
• Ensure that the Firm has and maintains, at all times, Capital Resources of the kinds and amounts specified in, and calculated in accordance with, the DFSA’s PIB Rules.
• Ensure that the Firm maintains capital and liquid assets (in addition to the Capital Resources as set out above) which are adequate in relation to the nature, size and complexity of its business to ensure that there is no significant risk that liabilities cannot be met as they fall due.
• Ensure regular monitoring of the Firm’s financial position and notify the Firm’s senior management and the DFSA immediately upon identifying any breach, potential breach or concern in relation to the Firm’s financial position or its compliance with the DFSA PIB Rules.
• Prepare and submit quarterly and annual EPRS reports to the DFSA as per the DFSA’s deadlines.
• Liaise with external auditors as appropriate to ensure the timely completion of audits. - Ensure compliance with the DFSA’s Principles for Authorized Individuals.
Manage accounting operations including Billing, A/R, A/P, GL, Pricing, Inventory Accounting and Revenue Recognition in compliance of IFRS.
Manage the working capital of the company and track typical ratios related to inventory turnover, receivable and payable etc. Manage the supplier payments and optimize the working capital ratios to minimize cash requirements.
Formulate budgets and conducting variance analysis to determine difference between forecasted & actual results and advising corrective actions.
Monitor and ensure preparation of Bank Reconciliation Statements for reconciling Cash & Bank balances.
Performing Cost analysis, by modifying and analyzing the cost related elements and their impact over financials.
Furnishing quarterly VAT submission while taking account of Sales and Cost invoices during the period.
Handling fixed assets, it’s revenue and capital expenditure, renewals & insurances etc.
Generate monthly, quarterly or annual financial statements and reports detailing paid and unpaid invoices and other AR and AP activities separately.
Handling ADHOC assignments i.e. Payroll handing, Leave and final settlements, Deduction and Addition of the entire group employees on a monthly basis.
The ENOC (Dubai) is a major producer of oil and gas from the offshore areas of the Emirate. Its Dubai Govt. owned company which fulfills Dubai and northern emirates fuel and oil requirement, especially Dubai Airport.
As an Accountant my duties were to handle the receivables in cash and credit for the branches on daily basis, moreover; generating daily, weekly, fortnightly and monthly reports to the management after ascertaining and reconciling sales from the system etc.
The ADIB is one of top banks in UAE. It’s an Islamic Bank that caters all kinds of retail, consumer, SME and corporates solutions to the customers.
As a Credit Analyst my duties were to engage variety of analysis on the basis of the customer financials i.e. performing qualitative and quantitative analysis, ascertaining the capability of bearing short term and long-term liabilities. Further; Customer’s credit proposals elevations, post elevation requirements, approvals, ascertaining recovery of receivables etc
Re-enforce Retail Banking Relationship to the assigned portfolio, catering their retail banking needs, i.e. Credit cards, Account opening, personal loan etc.
Achieve assigned sales targets in order to contribute to the sales volumes / revenues
Develop new markets and customers within the assigned territory to enhance sales volumes/ revenues
Cross sell non -assigned products & services to contribute the revenues and market presence.
Provide quality customer service to ensure customer satisfaction and retention.
Provide market intelligence to supervisors on a regular basis for use in formulating strategies and plans.
Vigilant while sourcing any credit card or any Cross Sell Product and putting bank benefits always ahead of anything and use utmost care and alertness all time.
Building up relationship with commercial/SME and Corporate potential customers with respect to their needs.
Assessing customer’s financial strength and capability of meeting short & long liabilities.
Abreasting customers with different financing facilities, charges, Terms & conditions associated.
Ensuring timely submission of all types of renewal and fresh credit proposals covering facility structure, industry analysis, financial analysis with policies and procedures for consideration of competent authorities.
Risk Evaluation of credit proposals (Corporate/SME and Consumer).
Ensuring adherence of SBP Prudential Regulations.
Review of e-CIB report.
Review security, expiry, acceptances, and retirement of Non Funded Portfolio: LC/LG issuances.
Ensure completion of Pre & Post disbursement requirements
Ensure Audit & Compliance requirements as per Bank’s/regulator’s policies & guidelines.
Monitoring of Watch-list accounts.
Delinquent loans management which contains correspondence & appropriate actions for recovery & Liquidations.
Monthly reporting in Credit Risk Management Information System for outstanding position of advances at month end.
Close coordination with Credit Risk Controlling Department for Disbursal Authorization Certificate and for meeting day to day requirement to avoid limit blockage, uneven business working and customer discomfort.
Determines requirements by working with customers.
Answers inquiries by clarifying desired information; researching, locating, and providing information.
Resolves problems by clarifying issues; researching and exploring answers and alternative solutions; implementing solutions; escalating unresolved problems.
Fulfills requests by clarifying desired information; completing transactions; forwarding requests.
Sells additional services by recognizing opportunities to up-sell accounts; explaining new features.
Keeps equipment operational by following established procedures; reporting malfunctions.
Updates job knowledge by participating in educational opportunities.
Enhances organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
- FMVA (USA) - MBA (Finance) - Masters (Economics) - CFA (Part I)