Finance Manager
Aspireli General Trading LLC
مجموع سنوات الخبرة :20 years, 3 أشهر
Financial Records and Reporting:
• Maintain accurate recording of revenue, expenses, and balance sheet
items in the general ledger.
• Supervise preparation and review of monthly and annual accounting
schedules, bank reconciliations, and account reconciliations.
• Create routine financial reports for management, including analysis
against budgets, forecasts & Previous year.
• Preparation and conducts review for yearly budget and monthly forecast
with management.
— Cash Flow Management:
• Develop weekly cash flow forecasts, summarizing cash movements.
• Prepare regular cash flow statements, review and suggest best possible
solutions. Monthly Payroll & related activities and processing.
— Compliance and Auditing:
• Ensure timely filing of VAT returns and serve as primary contact during
audits in UAE.
• Execute Standard Operating Procedures (SOPs) throughout the accounts
and finance department, collaborating closely with other department
heads to ensure consistent processes company-wide.
• Oversee both internal and external audits.
• Managing staff medical benefits and other business insurance procedures.
• Closely working with Banks for different facilities in favor of company.
— Credit Management and Collections:
• Conduct annual credit reviews for customers.
• Lead monthly meetings involving Operations, Collections, and Sales teams
and find the best possible solutions.
— Asset and Inventory Management:
• Manage and maintain precise local asset and inventory records.
— Vendor Relations and Contract Management:
• Negotiate and oversee contracts with suppliers and third parties.
• Keep the system updated with vendor details and delegation of authority
list.
• Review of all suppliers’ payments and release as per cash flow availability.
— Product Costing and Analysis:
• Develop and present new product costings to management, highlighting
benefits and drawbacks.
Financial Control and Planning:
• Maintained day-to-day financial control within budget, supervised staff,
and ensured accurate month and year-end closing.
• Developed and administered short, medium, and long-term financial
plans, while effectively monitoring finances.
— Financial Reporting and Analysis:
• Prepared monthly, quarterly & annual financial statements, cash flows,
project reports, and ad-hoc analysis.
• Analyzed actual financial results against budget, projections, and last
year and present the highlights for management reviews.
• Prepared detailed budget and forecast, analyzed actual results, and
provided recommendations.
— Performance Management:
• Managed expenditure, pricing, sales results, and performance in
alignment with plans.
• Identified cost-reduction opportunities and strategies for minimizing
financial risk.
• Third party Contracts, Payroll & related activities, Leases reviews and
renewals, Company’s insurance programs, stock reviews.
— Compliance and Auditing:
• Reviewed transactions and ensured accurate bank compliance activities.
• Fulfilled financial reporting obligations for funding, grants, contracts,
and business initiatives.
• Oversaw finance operations, set objectives, and coordinated audits for
compliance.
• Involved in regular internal and external audits.
— Operational Collaboration:
• Collaborated cross-functionally to control costs and drive positive
business impact.
• Monitored the company's financial status, providing insights for
decision-making.
— Cash Flow and Administration:
• Ensured compliance with VAT collection and reporting.
• Managed weekly cash flow, payables, and check signing.
Ensured accurate and timely month and year-end closing and reporting
for the Security group of companies.
• Reviewed transactions promptly and oversaw accurate bank
compliance activities.
• Collected, assessed, and prepared monthly and yearly financial
statements, including consolidation, cash flows, and various reports.
• Participated in budgeting, forecasting, corporate MIS reporting,
variance analysis, and offered business support.
• Addressed CFO and management queries about financial results and
fulfilled special reporting requests.
• Led year-end audit activities and ensured the team met all deadlines.
• Created and implemented standard operating procedures and
introduced improvements for department workflow.
• Managed administrative tasks, coordinating with government offices
for licensing and visa procedures.
Ensured timely and precise month and year-end closing and reporting
for the Security group of companies.
• Consolidated financial results for group companies on a monthly,
quarterly, and yearly basis, encompassing cash flow statements, profit
and loss accounts, and balance sheets, variance analysis.
• Reviewed and validated weekly and monthly cash flow reports before
submitting them to CFO and Management with recommendations.
• Payroll and related activities preparation, reviews and processing.
• Ensure clean & timely year end audits for all companies within the
group.
• Responded to financial result inquiries from the CFO and Management
and addressed special reporting needs.
• Accurately reconciled monthly cash transactions and promptly
distributed corresponding reports.
• Prepared materials for business presentations, initiated new processes
and contributed to ISO audits.
Job Responsibilities:
• Handled the monthly, quarterly, and yearly corporate closing process.
• Prepared MIS reports which include variance & other cost analysis.
• Managed the monthly reporting and analysis of customer and project profitability for clients such as AT&T and Amdocs.
• Interacted with the Management team to address queries.
• Prepared budgets and closely monitor the profit and loss performance.
Job Responsibilities:
• Led onsite transition of Financial Planning & Analysis Process for "Armstrong World Industries" in Germany.
• Provided offsite support to Financial Controller and Vice President in Armstrong, Germany.
• Analyzed actual results against plans, aiding in budgeting, forecasting, identifying trends & recommending actions.
• Presented business insights in meetings, enhancing operational performance understanding.
• Trained and monitored team members.
• Oversaw accounting from General Ledger to reconciliations.
Finance and accounting activities
