Manager Accounts & Finance
Fidinam DMCC
مجموع سنوات الخبرة :16 years, 2 أشهر
• Handling and supervising a team of 10 sub-ordinates, managing accounts of group companies including consolidation and finalization of monthly accounts.
• Monitoring the day-to-day financial operations within the company such as payrolls, invoicing, AR/AP Reconciliation, banking, trade financing, financial reporting, budget preparation and variance analysis and Cash flow forecasting etc.
• FP&A on monthly basis.
• Managing accounts of group companies. Finalization of monthly accounts and intercompany reconciliation of transactions.
• Ensuring the compliance of Value Added Tax (VAT) as per UAE VAT Law by keeping records, filing quarterly returns.
• Working with external auditors to ensure correct and timely closing & reporting at year-end
• Preparation of LC documents for Banks, LC discounting, Banking etc.
• Recruiting accounting and financial staff and conducted performance evaluations
• Presenting recommendations to management on short- and long-term financial objectives and policies. Responsible for cost reduction opportunities across the organization.
• Ensuring compliance with local, state, and federal government requirements.
• Ensuring full budgetary control for OPEX and CAPEX. • Closely monitoring the doubtful AR balances for timely action.
• Managing operations of the company and overseas branches.
• Monthly Payroll through WPS.
• Ensured smooth transition to Value Added Tax (VAT) era for businesses in UAE.
• Managed and oversee the daily operations of the accounting department.
• Cash forecasting, Revenue and expenditure variance analysis.
• Prepared asset, liability, and capital account entries by compiling and analyzing account information
• Monitored and analyzed accounting data and produce financial reports and statements.
• Summarized current financial by collecting information; preparing balance sheet, profit and loss statement, and other reports.
• Establish and enforce proper accounting methods, policies and principles
• Coordinate and complete annual audits
• Preparation, review and analysis of MIS reports and periodic budget reviews.
• Reconciliation of accounts, budgeting and forecasting
• Assign projects and direct staff to ensure compliance and accuracy
• Controlling the daily cash and banking requirements.
• Manage and oversee the daily operations of the accounting department including:
• Month, Quarter and Yearend finalization of Accounts.
• Ensure that all daily treasury transactions are updated in group cash flow and update all transactions of acceptances, Guarantees, TRs and LCs in group cash flow on daily basis.
• Cash forecasting, Revenue and expenditure variance analysis
• Monitor and analyze accounting data and produce financial reports or statements
• Establish and enforce proper accounting methods, policies and principles
• Coordinate and complete annual audits
• Knowledge of logistics
• Heading a team of 5 sub-ordinates, responsible for Accounts, Finance.
• Developed and maintained comprehensive Management Information System (MIS).
• Preparing Management Accounts, Cash flows, Variances and other management reports.
• Ensuring accurate and timely month, quarter and year end closing.
• Handle monthly, quarterly and annual closings.
• Reconcile accounts payable and receivable.
• Compute taxes and prepare tax returns.
• Report on the company’s financial health and liquidity
• Audit financial transactions and documents
• Reinforce financial data confidentiality and conduct database backups when necessary
Comply with financial policies and regulations
• Preparation of internal audit reports and finalization of statutory audit of companies.
• Review and assessment of internal control procedures and accounting system.
• Work related to Company Incorporation and Annual E-filing of Companies to the MCA as per Regulatory
• Computation of Income Tax, Service Tax, Value Added Tax and preparation of TDS (Tax Deducted at Source) Return.
Chartered Accountant course is one of the best accounting course in the world.