Roy Thomas, Head Of Finance

Roy Thomas

Head Of Finance

Al Zaabi Group

Location
United Arab Emirates
Education
Master's degree, Certified Global Business Analysis (CGBA)
Experience
21 years, 4 Months

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Work Experience

Total years of experience :21 years, 4 Months

Head Of Finance at Al Zaabi Group
  • United Arab Emirates - Abu Dhabi
  • My current job since September 2022

 Lead the Financial Planning & Analysis of different business units.
 Supervise the administration of the Group.
 Evaluated the financial performance of the organization and prepare future forecasts and budget.
 Lead the Financial Planning & Analysis of different business units.
 Oversee and direct the implementation of strategic business plans of the management.
 Monitor the group level consolidation of the company.
 Lead automation of department as well as the different operational and administrative areas of the company.
 Maintain a strong relation with major banks in the region.
 Monitor and evaluate all legal and contract related documents of the company.
 Monitor and evaluate monthly closing and MIS reporting on timely basis.
 Maintain in-depth business relations with all members of the management team as well as the board of directors.
 Manage Finance Team of 7 Business Units.

Chief Financial Officer at National Contracting & Transport Company
  • United Arab Emirates - Sharjah
  • June 2019 to September 2022

 Closely collaborates with the company management to guide its planned growth initiatives and targeted profitability.
 Monitors industry trends and developments; anticipate risks and ensures proper controls and courses of action are in place throughout the organization.
 Monitor and direct the implementation of strategic business plans.
 Manage the capital request and budgeting processes.
 Maintain strong relation with major banks in the region.
 Develop performance measures and monitoring systems that support the company's strategic direction.
 Maintain in-depth relations with all members of the management team.
 Manage the accounting, human resources, investor relations, legal, tax, and treasury departments.
 Manage any third parties to which accounting or finance functions have been outsourced.
 Oversee the company's transaction processing systems.
 Construct and monitor reliable control systems.
 Report risk issues to the audit committee of the board of directors.

Finance Manager at Sobha Group
  • United Arab Emirates - Dubai
  • August 2014 to June 2019

 Establish and maintain various process & procedures throughout the business line to make sure the financial controls are in place.
 Preparation and presentation of the annual budget and timely review with actuals.
 Track company's financial performance to identify areas for potential improvements.
 Forecast cash flow positions, related borrowing needs, and available funds for future investment.
 Work with both internal and external auditors during financial and operational audits.
 Review financial data and prepare monthly and annual MIS reports.
 Healthy talent in cost analysis for the Projects, Manufacturing, Hiring/Rental, retails business and department cost.
 Applies cost accounting methods to achieve accurate representation of cost center performance.
 Assures compliance with federal, state, local and corporate policies, regulations and laws.
 Monitoring receivable ageing and collection follow up.
 Determines proper handling of financial transactions and approves transactions within designated limits.
 Present financial reports to board members, stakeholders, executives, and clients.
 Overseeing AR, AP and GL.
 Responsible for all tax obligations.
 Liaison with both internal and external auditors during financial and operational audits.
 Associate with major banks for the short- & medium-term financial requirements of the company.
 Monitor the day-to-day financial operations within the company.

Senior Accounts Manager at Al Nuaimi Group , Ras Al Khaimah
  • United Arab Emirates
  • February 2011 to July 2014

 Support in the preparation of the company's budget.
 Forecast cash flow positions, related borrowing needs.
 Responsible for work with both internal and external auditors during financial and operational audits.
 Coordinate monthly closing process and reconciliation of general ledger accounts.
 Monthly analysis of direct cost and department cost reports.
 Healthy talent in cost analysis for the Projects, Manufacturing, Hiring/Rental and retails business.
 Managed a team of 13 accountants and 2 regional accounts managers.
 Prepares financial statements and other reports to summarize and interpret current and projected company financial position.
 Closely maintains and monitors the fixed assets system.
 Applies cost accounting methods to achieve accurate representation of cost center performance.
 Responsible for all taxes obligations.
 Ensure the related party transactions are reconciled.
 Ensure proper implementation of ERP in all the business process in all over the company.

Senior Divisional Accountant at Al Nuaimi Group
  • United Arab Emirates - Ras Al Khaimah
  • February 2008 to January 2011

 Supporting CFO in preparation of budget related to Ready Mix Division.
 Forecast and inform cash flow positions, related borrowing needs of the division to CFO.
 Responsible for work with both internal and external auditors during financial and operational audits for final.
 Ensures the timely and accurate creation of accounts for new business activities
 Managed a team of 3 accountants.
 Ensures all financial related party and bank reconciliations are completed.
 Ensures a fair allocation of expenses across the different cost centers/department/projects.
 Responsible for monthly closing and MIS reporting for the division/BU.

Accountant at Al Nuaimi Group
  • United Arab Emirates - Ras Al Khaimah
  • February 2006 to January 2008

 Responsible for journal entries
 Responsible for reconciliations with banks, customers and suppliers
 Responsible for all payable activities
 Any other accounting tasks that might be required

Accountant at Dhanya Trading Company
  • India - Kerala
  • April 2004 to January 2006

 Responsible for journal entries, all payable activities
 Any other accounting tasks that might be required

Accountant at Vignaswara Contracting Company
  • India - Chennai
  • January 2003 to April 2004

 Responsible for journal entries, all payable activities and payroll (daily and weekly)
 Any other accounting tasks that might be required

Education

Master's degree, Certified Global Business Analysis (CGBA)
  • at The Institute of Certified Management Accountants
  • November 2021
Master's degree, Management Accounting
  • at The Institute of Certified Management Accountants
  • June 2017
Master's degree, MBA in Finance & Marketting
  • at MADURAI KAMARAJ University
  • June 2015
Bachelor's degree, Accounts
  • at University of Kerala
  • September 2002

Specialties & Skills

Corporate Banking
Costing
Internal Controls
Finance Management
Cost Analysis
Focus RT
Cost control
Payroll Process
Supervise Finance Staff
Monthly Closing
MIS Management Repoting
Budget Prepration
Internal Controls Implementation
Account Finalization
ERP Implemantation
Cash Flow Management
Corporate Banking
Bank Facility Management

Languages

English
Expert
Arabic
Beginner
Hindi
Intermediate
Malayalam
Expert
Tamil
Intermediate

Training and Certifications

ISO Auditing (Training)
Training Institute:
TUV
Date Attended:
June 2012

Hobbies

  • Playing Games/Watching Movies/Watching News
    I am interested to play games. I like to watch movies. I have a passion of viewing/hearing news.