Group Finance Manager
Al Douri Group
Total des années d'expérience :16 years, 5 Mois
• Producing & submitting the financial reports accurately for the Top Management periodically.
• Maintaining the Cash flow of the business.
• Managing the bank negotiations and Handling the Facilities.
• Preparing budget & Budget variances and communication the deviations with the stake holders.
• Making sure Group is compliance to all the FTA requirement with Zero negligence.
• Responsible for keeping check on ERP software.
• Providing feasibility reports to the shareholders on the new projects.
• Responsible for getting Internal and External Audit done as per the company policy.
• Steering the Credit policy of the group.
• Making sure all the risks Factors identified and covered.
• Preparing and performing ad hoc tasks as per the requirement of the Senior Management.
• Responsible for generating financial statement, Trial balance, Balance sheet, income statement, profitability reports.
• Submitting of monthly financial statement to the management.
• Preparing budget & Budget variances and communication the deviations with the stake holders.
• Providing the necessary Repots to group Tax manager for filing the return.
• Responsible for implementing the ERP software.
• Reviewing the supplier contracts for marketing and other related agreements.
• Responsible for getting Internal and External Audit done as per the company policy.
• Monitoring cash position and making sufficient funds available for meeting necessary current liabilities.
• Reviewing and approving supplier payments as per agreement.
• Reviewing ageing of payables and meeting the deadlines.
• Preparing and performing ad hoc tasks as per the requirement of the Senior Management.
• Accountable for preparing balance sheet up to finalization and getting accounts audited with profit and loss account and other necessary reports required by the auditor.
• Steering integration of Microsoft Dynamics AX
• Responsible for VAT implementation, registration and FTA Audit.
• Responsible for implementing Microsoft Dynamics GP 2013 for 10 Supermarket Locations.
• Steering integration of Microsoft Dynamics RMS with GP 2013
• Chart of account creation and report creation as per the requirement of company.
• Handling supplier payments as per schedule and handling PDC receivable and Payable module in ERP System.
• Putting control procedure for cash payment and PO creation and receiving in RMS and ERP.
• Chart of account mapping in Dynamics GP 2013
• Complete auditing and reconciliation of trial balance.
• Handling Banks as per the requirement
Accomplishments:
• Successfully implemented ERP system Financial, purchasing, sales and Inventory module with complete integration with RMS.
• Worked as deputy Project Manager as for implementation and customization of ERP module for the full company.
• Completed year end auditing with implementation of ERP for complete company.
• Accountable for preparing balance sheet up to finalization and getting accounts audited
• Handling monthly closing of books and preparing profit and loss account
• Formulating the budget for the year, taking correcting measures with consulting with the management for any deviation
• Implementing inventory module in ERP
• Providing required assistance to Group Finance Controller in consolidation of accounts for year-end audit
• Devising Monthly Management Report, Profit and Loss account, Cost Sheets, Analysis Over Cost and Returns
• Liaising with suppliers for price negotiation, payment terms, delivery terms and quality and maintaining ERP modules of the company
• Overseeing & preparing monthly payroll with WPS & leave transfer and calculation from Focus RT
• Administering monthly reconciliation of all the accounts including general ledger and supplier accounts
• Carrying out SWOT analysis for preparing profitability reports for the management of the full division
• Steering a team of 4 members including Accountant, 2 Data Entry Operator and Store Keeper
• Managing a team of 5 members assuring on time deliverables within cost parameters, ensuring quantitative and qualitative returns on the investment to enhance organization’s productivity.
• Instrumental in planning & implementing innovative business strategies to initiate and control finance, projected towards organizational goals to maximize profitability.
• Responsible for setting up new member in different plans and maintaining and updating member’s data.
• Reviewing the profitability of client’s business to assess the correctness of revenue and expenditure accounted, monitor the inflow & outflow of funds while ensuring optimum utilization of available funds to accomplish organizational goals.
• Preparing retirement and termination package and authorizing their benefits; also preparing and maintaining daily production report with MIS.
• Looking after all the books of accounts payable and making all the necessary entries.
• Making general entries in TALLY and updating the records.
• Responsible for allowing bank payments for the Creditors as per the maturity of bills payable.
• Maintaining all the records of bills payable as per there maturity.
• Responsible for maintaining all the records of Receipts and payments.
• Responsible for preparing petty cash book and updating the accounts on daily basis.
• Responsible for maintaining all the accounts payable updated as per the transaction.
• Responsible for providing all the prepared accounts to the Accountant for the inspection as when required.
• Looking after all the books of accounts payable and making all the necessary entries.
• Making general entries in TALLY and updating the records.
• Responsible for allowing bank payments for the Creditors as per the maturity of bills payable.
• Maintaining all the records of bills payable as per there maturity.
• Responsible for maintaining all the records of Receipts and payments.
• Responsible for preparing petty cash book and updating the accounts on daily basis.
• Responsible for maintaining all the accounts payable updated as per the transaction.
• Responsible for providing all the prepared accounts to the Accountant for the inspection as when required.