FINANCE MANAGER
Multinational Company
Total years of experience :23 years, 0 Months
Preparing the Daily Cash flow report to the management.
Preparing and monitoring the Monthly Cash Projection report.
Interacting with bank for fund transfers and other banking activities.
Preparing Monthly Sales Performance Report and discused with Region-wise Sales & Marketing Team.
Preparing Monthly Debtors Ageing Report and fixing deadlines to Sales team for collections.
Preparing monthly payroll through WPS system.
Preparing sales incentive as per the company scheme.
Preparing Group Monthly MIS Report and discussed with management team.
Coordinating with marketing team and preparing the business improvement plan for short term and long term.
Coordinating with Company’s branch Accountants for all Banking and Finance related activities.
Periodical visit to the Company’s branch office in other GCC country.
Monitoring the Deliveries and Invoicing.
Monitoring Inventory Level and preparing periodical purchase plan.
Preparing Supplier payments in line with agreed payment terms.
Approving all Purchase Orders and Payments for the Local suppliers, Foreign suppliers and office expenses.
Interacting with External Auditors for all the queries during the annual audit.
Preparing the Daily Cash flow report to the management.
Preparing and monitoring the Cash flow projection report for short term and long term to the management team.
Interacting with bank for fund transfers and other banking activities.
Preparing periodical Sales budgets and discused with CEO and Marketing managers.
Preparing and analysing the Kioskwise daily sales report and reporting the feed back to the management.
Preparing monthly payroll through WPS system.
Preparing sales incentive as per the company scheme.
Interacting with marketing team and preparing the business improvement plan for short term and long term.
Interacting with Malls for instaling the Kiosks for local football match ticket sales.
Monitoring the billing system to the local football clubs.
Supplier payments passed by close monitoring the available fund in the banks.
Responsible for reporting the showrooms and restaurants daily average sales and collection figures to the management.
Verifying all the payments to suppliers and passing to Financial Controller for approval.
Supervising the inflow & outflow of funds by preparing the cash/ fund flow statement and assuring optimum utilization of available funds in line with corporate goals.
Preparing & Managing MIS reports and assessing the same for facilitating decision making process.
Preparing the monthly payroll and responsible for the periodical visit to all showrooms and restaurants in UAE to make sure the business activities are complying with company’s policy.
Interacting with External Auditors for all the audit related matters.
Handled the daily business collections and banking of all the showrooms.
Managed staff routines in Finance and cash department and verified the Daily sales, Debtors and Banking report (DSR) to the corporate office.
Prepared the weekly report for Aged stock, Aged Debtors, Sales orders on hand and collection plan & Forex requests to Group Corporate Finance.
Interacting with sales department for planning of increasing customer foot falls and helping in solving day to day showroom issues.
Interacting with warehouse department to sort out the issues in deliveries.
Monitoring the stock level within the budgeted stock turnover ratio.
Involving in all purchases, price negotiations and claims from suppliers through purchase department.
Verified the inventory by visiting the showrooms and conducted surprise check on daily cash collections.
Verifying and Passing the payments for Group internal auditor’s approvals.
Interacted with banks for all trade finance related matters.
Conducted physical stock and fixed asset count with Group internal audit team.
Prepared the monthly payroll, monthly cash flow and analyzed with monthly cash budget.
Preparing of Monthly MIS with budget analysis and reporting to the board of directors, Group General Manager and Group internal audit Department.
Handled MIS reports and simplified the Business Process and took initiative in Organization Cost Reduction.
Attended the MIS review meeting with Group General Manager and Corporate finance team.
Managed company’s administration activities in the absence of Business and Administration Manager.
Involved and answered all the queries from the External Auditors during the Interim and Annual audit.
Bachelor Degree in Commerce passed in II class and additionally secured Post graduate diploma in computer application.