Senior Financial Accountant
Manazel PJSC
Total years of experience :15 years, 11 Months
Notable Achievements:
• Led transition from Microsoft Dynamics GP Software to Oracle; anchored implementation operations as well as trained end-users to optimize systems, expedite adaptation and business integration with minimum disruption to routine operations.
Key Responsibilities:
• Presenting all financial management, reporting, and analytics support to business while ensuring the financial domain of multiple retail projects (Capital Mall, Al Reef 1 and Al Reef 2 Retail section) is streamlined, efficient and complies with all regulatory requirements and generally expected internal controls.
• Partnering with senior management for financial planning and budgeting operations while ensuring all accounting books and financial reporting procedures comply with IFRS and GAAP.
• Maintaining a positive cash cycle by effectively managing account payables and account receivables; expediting processes to receive payments on time while facilitated timely payments to creditors as per organization’s payment policy.
• Documenting movements of fixed assets; analyzing and updated detailed schedule of fixed assets along with profit/ loss on sale as well as accumulated depreciation while ensuring they are safeguarded at all times.
• Monitored transactions and controlling financial resources prudently to maintain a positive cash-flow; identifying cost-centers and establishing strategic initiatives to minimize expenditures.
• Responsible for all aspects of tax matters, ensuring proper filing and discharge of tax liabilities while interpreting tax policies and advising management of its impact on the organization’s operations.
• Routinely generating a range of business reports that include lease control reports, actual vs. budget analysis, cash flow, IRR; representing key finance liaison to all internal and external stakeholders, addressing financial discrepancies by presenting the best possible solution and expertise that aligns with organization’s vision, mission, values, and goals.
Key Responsibilities:
• Responsible for all financial efforts and management of monthly closing, financial reports, and accounts receivables for retail projects (Ibn Battuta Mall, Golden Mile, Al Furjan Pavilion, Discover Garden Pavilion, Jumeirah Park Pavilion, Nakheel Mall and Deira Mall).
• Commanded the lease control function - involved in initial deal negotiations up till contract finalization and administration while collaborated with Lease department to ensure all documents are prepared as per company policies.
• Interpreted tenancy schedules to calculate and generate monthly bills - resolved any billing queries/ discrepancies in a prompt manner while handling the input of monthly bills into the Oracle systems.
• Closely monitored aging receivables and established a meticulous follow-up to receive on-time payments; monitored movements in bank accounts and prepared bank reconciliation statements as per standard operating procedures.
• Ensured sound financial management and control for all lease control and accounts receivable operations; generated a range of financial statements/ reports and models that exhibit overall financial position of the organization.
Key Responsibilities:
• Offered integral support to Finance Manager for improving current as well as future financial performance; summarized fiscal information into financial statements, reports while maintained requisite books of accounts as per IFRS and GAAP.
• Played a critical role in YARDI system implementation - enhanced department productivity and automation while ensured seamless integration with routine accounting and business management functions.
• Oversaw daily activities of leasing operations which include - moderating lease agreements, generating monthly rental bills, ensuring all rents are collected on time and updating management on mall occupancy status on a periodic basis.
• Administered factors impacting financial strength of the business which include fixed asset management, bank liaising, and cash-flow preparation in addition to business planning, budgeting, and forecasting.
Key Responsibilities:
• Worked collaboratively with Finance and Accounting Manager to prepare financial statements, devise annual budgets and policies including short/ long-term plans as well as deploy actions that are consistent with organization’s growth strategy.
• Managed a broad range of financial administration and accounting functions which include - preparation of bank reconciliation statements, fixed asset management, year-end audits as well as maintained up-to-date books of accounts.
• Evaluated aging creditors and facilitated payments as per organizations payment policy while ensured such transactions are duly supported with required documentation and/ or approvals as per authority matrix.
• Managed overseas investment portfolio - ensured it remains with the risk-bearing capacity and generates desired profits while recorded all transactions purchase/ sale/ profit/ loss/ dividends in the requisite books of accounts maintained.
Key Responsibilities:
• Developed and maintained an accurate set of financial records, optimized CR/3 Production for processing orders, credit notes, billing, month-end clearing of bills and invoice verification while assured quality services at all times.
• Personally scrutinized all facts/ figures and prepared accurate bills/ invoices/ receipts - balanced all billing transactions, performed cash/ cheque reconciliation and routinely updated the same into the SAP systems.
• Closely monitored customer’s accounts to track payments, analyzed cash sales vis-à-vis invoices generated, resolved any discrepancies/ variations and prepared reports to aid Chief Accountant in financial accounting and reporting purposes.
Currently Pursuing