General Manager
Mandis Resaurant llc company
Total years of experience :18 years, 11 Months
On-site
• Recruited an Operations Manager, significantly enhancing daily operations oversight and efficiency, ensuring seamless operations and improved service quality.
• Onboarded an Inventory Officer to effectively monitor and manage inventory, integrating Sapaad POS software with physical inventory checks to ensure accuracy and minimize waste.
• Enhanced security and operational visibility by installing camera monitoring systems across all branches locations.
• Diversified the Offer by introducing new items to directly responding to customer demand .
• Revolutionized the marketing strategy by implementing a discount policy with food delivery aggregators, doubling sales through these platforms and significantly increasing brand visibility.
• Implemented a charge-on-demand delivery policy, achieving a substantial 70% reduction in monthly delivery costs, demonstrating effective cost management and operational efficiency.
• Leveraged advertising with a pay-per-click approach on aggregator platforms to boost sales, enhancing online sales channels and demonstrating adeptness in digital marketing strategies.
• Invested in Business aesthetics by adding eye-catching stickers to the entrance, improving the venues appeal and attracting more customers.
• Conducted a comprehensive staff restructuring to optimize efficiency, resulting in a 33% reduction in payroll expenses, aligning staffing costs with financial goals without compromising service quality.
• Elevated the dining experience by hiring a skilled chef, significantly improving food quality and customer satisfaction through culinary excellence and innovation.
Remote
• Manage accounting entries for over 6, 000 local supplier invoices, encompassing services, raw materials and licenses.
• Process and consolidate financial documentation, ensuring accuracy and compliance with accounting standards.
• Handle the accounting for more than 1, 000 import transactions following IAS/IFRS guidelines over a span of five years.
• Process and analyze the Customs Declaration Form for imported goods to determine custom VAT and the cost of purchase, ensuring compliance with UAE customs regulations.
• Calculate and handle the accounting of exchange rate fluctuations for import invoices between the value at Customs Declaration and payments.
• Utilizing and know financial instruments like Letters of Credit and sight payments.
• Conduct reconciliation of supplier accounts and VAT, ensuring accurate financial reporting.
• Maintain immediate invoice availability for stakeholders, demonstrating exceptional organizational skills.
• Oversee petty cash management and VAT declarations, ensuring financial compliance and operational efficiency.
• Develop and manage financial reports linking purchasing and sales to optimize payment schedules and uphold the principle of selling before paying.
• Manage the supplier portfolio, fostering trustful relationships and defending the companys interests during financial transactions.
• Direct the companys cash flow management, strategically timing payments, credit requests, and the effective use of supplier credit.
On-site
• Spearheaded financial turnaround strategies for a restaurant facing significant financial challenges, eliminating losses entirely and securing profitability for four consecutive months in 2022/2023.
• Led the successful installation and integration of Xero accounting software, achieving a 100% IT software adoption rate for accounting processes, including the coding of all accounting tasks. This initiative enabled the production of structured financial reports, including balance sheets, profit and loss statements, cash flow reports, general ledgers, and trial balances with share class distinctions.
• Implemented cost control measures that resulted in a 5% reduction in food costs, decreasing from 45% to 40%, thereby boosting overall profitability.
• Established a comprehensive cash management system to monitor cashier activities and sales, leveraging Sapaad POS software for accurate and real-time financial oversight.
On-site
• Upheld the highest standards of accounting practices, adhering to IAS and IFRS norms without discrepancies for 12 years, ensuring the companys financial reporting was accurate and trustworthy.
• Utilized advanced financial knowledge and analyses, including working capital requirements, changes in working capital, dynamic financing analysis, margin analysis, and economic profitability to support strategic decision-making.
• Employed rigorous profitability criteria, such as Net Present Value (NPV) and actuarial valuation, to effectively manage and forecast significant cash flows for major projects, exemplified by the comprehensive financial oversight of IT solution furnishing for the First Arab Gulf Bank Tower in Algiers.
• Applied statistical methods such as standard deviation, variance, normal distribution, and Pearson distribution to analyze and understand various financial curves, enhancing the reliability of financial forecasts and strategic planning.