Assistant Manager Finance
Dubai Precast LLC
Total years of experience :17 years, 4 Months
Green Coast Enterprises LLC is a Real Estate Development Company, also diversified into Investment Business and Trade.
Highlights:
• Oversaw and ensured successful implementation of Oracle Financial Module while guaranteeing all its benefits were materialized by the company.
• Liaised with other company departments to successfully complete Year End Audit and Inter Company Reconciliations.
Key Responsibilities:
• Ensuring the quality of month end reports generated by the MIS while guaranteeing their accuracy to correctly reflect company’s performance to be reviewed by senior management.
• Managing important accounting functions of the organization including closing books of accounts, preparing quarterly financials, and finalizing yearly budgets while keeping company’s long term growth objectives in perspective.
• Balancing availability of cash payments with receipts to ensure smooth cash flow management while overcoming any liquidity problems faced.
• Liaising with other company departments to provide with required financial information to help them make well informed management decisions.
• Overseeing calculation of payroll while taking into consideration leaves and other deductions before finalizing month end salary of the employees.
• Maintaining records of business transactions along with the evidence to revise and introduce better internal control procedures.
• Recording company’s assets at their true value by following policies of asset depreciation, disclosure and other regulations while adhering to international accounting standards.
• Carrying out other important accounting tasks including petty cash management, debtor’s aging analysis, checking purchase invoices and monitoring inventory movement.
Key Responsibilities:
• Oversaw preparation of finalized audited accounts in adherence with the International Financial Reporting Standards while complying with company’s audit requirements.
• Handled all job order cost accounting tasks using Peach Accounting Software including defining costing policies, developing MS Excel templates, identifying cost drives and introducing ideas to improve overall cost efficiency.
• Managed inventory while reducing the carrying costs to help the company materialize cost benefits, raise new item quotes and manage customers’ queries.
• Introduced changes to purchasing process while streamlining payment vouchers, managing documentation, and preparing finalized reports for review of senior management.
• Prepared documentation involving guarantees, trust receipts, L/Cs, reconciliation bank statements, and handling telegraphic transfers.
• Took charge of all important internal audit assignments, coordinated with external auditors and introduced better management accounting practices.
• Recorded all important transactions including revenue and expenses while ensuring their proper treatment in books of account.
Key Responsibilities:
• Managed all important tax related transactions while carrying out required accounting procedures for VAT Analysis and generation of reports.
• Kept continuous liaison with the banks to coordinate on preparation of bank reconciliation statements while eradicating any confusions or misunderstandings about different transactions.
• Ensured timely recovery of outstanding sales proceeds by regularly sending reminders to debtors about payment of recoverable amounts.
• Analyzed the VAT while sending forms to HMRC to process, prepared and raised queries requested by individual customers.
• Deployed personal tax computation to calculate and analyze personal taxable financial information.
• Oversaw preparation of year-end final accounts for different types of business entities including Sole Proprietors, Partnerships, Non-profit Organizations and Limited Companies.
Key Responsibilities:
• Prepared month end management accounts while generating flash reports to analysis month end variances while offering recommendations to eradicate the reasons responsible.
• Strictly adhered to assigned deadlines for submission of management accounts as per company’s policies.
• Analyzed contribution of cost centers towards organizational profits while recommending improvements to cut unnecessary expenses.
• Managed other tasks as assigned by the seniors including defining cost structures, commenting on material variances, finalizing books of accounts, and storing transaction evidences.
• Prepared annual budget by taking into consideration important business affecting factors including trends, forecasts, past expenses, and analysis of cost centers.
