Finance Manager
AL ALEE GROUP DOHA QATAR
Total years of experience :22 years, 8 Months
Monitor Day to Day Financial Operations within the company .
•Manage the preparation of Financial Reports and maintain the accuracy of reports.
•Develop and Maintain the integrity of Financial Reporting process and Internal controls.
•Preparing and Monitoring and Managing the Budget Forecast.
•Divide and propose budget for the each Department Heads.
•Continue monitoring the Budget Forecast on Monthly basis with the Actuals.
•Establish and Maintain Financial Policies and Procedures for the company.
•Process and Manage the Outsourcing Invoices to the clients on time.
•Monitoring and Review the Receivables Ageing for the company.
•Regular follow up with the clients for the collection.
•Conducting weekly meeting with the sales team to collect the overdue payments with the clients.
•Close monitor with the Overdue payments, if Necessary need to meet the clients on regular basis.
•If any overdue dispute with the collection, Forward to Legal proceedings to collect the payment.
•Track the Company’s Financial Status and performance to identify areas for potential improvements.
•Monitoring and Forecast Cashflow positions.
•Supervise and Develop the Finance And Accounts Team.
•Coordinate the Annual Audit with the Independent Auditors.
Check All Audit Reports from
Supervision of Taxation and accounting department to ensure that all works are efficiently done on time.
•Prepare and present financial statements to clients using accounting software.
•Advice to clients regarding tax and accounting matters
•Identifying issues and problems within operation and providing the idea for improvement.
•Work closely with the client on job training of staffs and clients under the department.
•Validate the cost of goods sold as part of the month end close.
•Accumulate and apply overhead costs as required by GAAP.
•Work with the materials review board to locate and dispose of obsolete inventory.
•Coordinate physical inventory counts and cycle counts
•Perform other managerial related duties and responsibilities as required by the management
Established Internal Audit control systems for Accounting and Finance.
•Prepare MIS for the Management.
•Liasoning with the Bank, and handling Fund Arrangements.
•Budget Planning and Cash Flow Management.
•All Financial Reports Preparations and Cost Reports and Analysis.
•Review and Approve and Incomes & Expenses related Vouchers.
•Inventory and Asset Management.
•Handled Migration from old software to the new ERP systems.
•Day to Day Financial and Accounting Reports.
•Tax Settlement and Reimbursements.
•Assist and coordinate with the External Audit team to finish the Audit.
Preparing financial statements such as Trial Balance, Profit & Loss account, Balance Sheet, Cost Report, Cash Flow and Funds Flow statements.
•Generating MIS reports with critical details and submitting to the management for review.
•Handling all functions of Accounts Receivable including debtors’ reconciliation.
•Supplier Invoices verification and approval for payment.
•General Ledger analysis and Reconciling on Monthly and Quarterly basis.
•Monitoring Cash and Credit activities and providing relevant effect in books of accounts.
•Liaisoning with the Banks, handling BG’s and LC’s
•Employing strict credit control measures by following up with clients to receive payment on time.
•Assisting the internal and external auditors in completion of internal audit and statutory audit.
Handled all accounts payable functions such as verifying invoice submitted by vendors and preparation of debtor’s reconciliation.
•Audit Supporting team coordinator for External Statutory Audit.
•Payroll & Tax calculations and Deductions in monthly basis.
•Prepared financial statements such as Trial Balance, P&L Accounts, and Balance Sheet using ERP.
•Verified all bank entries and preparing reconciliation statements to overcome discrepancies.
•Identified potential areas of cost reduction and prepared cost analysis report with recommendation.
•Coordinated with stores and purchase departments to gather details of stock position and place order for replenishment.
•Updated all data into the system using ERP software.
•Verified all bills, vouchers submitted for internal audit approval.
•Compiled MIS reports with key details and presented to the management for review.
•L&T HOCHTIED SEABIRD J.V. Project, Karnataka Junior Accounts & Admin Executive
(An international Joint Venture project of L&T)
Financial Management ,Management Accounting, Capital Management, Managerial Econimics, Fund Management
Commerce and Accounts , Auditing, Banking, Taxation