Finance Manager
Al Hassan Group
مجموع سنوات الخبرة :14 years, 2 أشهر
- Managing the complete Group Finance Department.
- Studying the contracts of the new projects analyzing the risk factors and advising on the same.
- Monitoring the movements of invoice raising and payment collections.
- Reporting on the Cash flow and project profitability.
- Maintaining the Bank Relations, arranging the facilities.
- Risk analysis with respect to projects by forecasting cost and benefit analysis across the group.
- Managing the Treasury and arranging the funds for the projects.
- Preparing the budgets and cash flow for reporting to the management and Banks.
- Managing the complete Finance & Administration Department.
- Managing the team of more than 15 including the Accounts, Stores, Cash Department and HR & Admin department.
- Studying the contracts of the new projects analyzing the risk factors and advising on the same.
- Monitoring the movements of invoice raising and payment collections.
- Reporting the cost break-up of each project by Material, Labour and standard other costs and other overheads.
- Reporting the management on the variances of actual costs against the BOQs.
- Reporting on the Daily Labour costs accrued on each project which can help them evaluate the usage of manpower vis. a vis. the productivity achieved on site.
- Monitoring the arrangements of manpower, equipments and material availability on each project site.
- Maintaining the Bank Relations, arranging the facilities.
- Preparing the budgets and cash flow for reporting to the management and Banks.
- Coordinating all the activities related to immigration and legal issues.
- Preparing the minutes of the meetings.
- Managing the complete Finance Department.
- Managing the team of 25 including the Accounts, Stores and Cash Department.
- Preparing the weekly / monthly MIS Reports, functional cash flow and budget and reporting to the management.
- Monitoring and controlling the cash purchases within the budget and approving the cash payments within the budget.
- Monitoring the suppliers payments and ensure the timely payments.
- Monitoring the Imports transactions for various Export Agents and settling the payments as per the planned schedule in the cash-flow either direct transfer or LC.
- Monitoring the daily operations, controlling the cash, daily cash reconciliation, exception report and price change.
- Preparing the monthly management report on Power point presentation and reporting to the management.
- Negotiating with suppliers on the special and adhoc issues.
- Receiving the monthly stock reports and looking into the variations and placing the measures to control the variation.
- Looking into the complete audit operations (Internal & External).
- Handling the cashiers queries/problems and solve it.
- Assisting the management in the operational issues.
- Preparing the adhoc reports for the reporting.
- Preparing the various business/investment proposals and projections for the business expansion.
Current Job Profile
Accounting, Budgeting & Audit:
- Daily accounting transactions, going through trial balance up to finalization.
- Preparing & Maintaining the Fixed Assets and Investment Register.
- Preparation of Invoices and ensuring the collection from the subsidiaries and group companies.
- Prepare electronic bank transfer instructions.
- Preparing the Bank Reconciliation Statement.
- Coordinating with the banks for the facilities.
- Preparing the payroll.
- Verify Local Purchase Orders, requests for payments and summarize Petty Cash expenditure to ensure proper control.
- Intercompany reconciliation.
- Independently handling the Audit and coordinate with Auditors in completion of audit in a timely and effective manner. Responsible for finalization of Consolidated Financial statements independently.
- Preparing the Head Office Budget.
Analysis & Advisory:
- Advising the branches and solving their queries. Monitoring the Audit of Branches.
- Making the Reports of the subsidiaries and reporting.
- Analysing the Financials of Subsidiaries and Branches
- Assisting the Branches in availing the Bank Facilities.
- Preparing monthly and quarterly reports.
- Checking the equity trades.
- Valuation of portfolio.
- Valuation of foreign scrips.
- Preparing the reconciliation statements of the holdings.
- Checking the corporate actions accounting.
- Checking the brokerage & management fees.
- Checking dividend distribution tax accruals & payments.
- Preparing the report for of Dividend distribution tax payments & checking any delays in payment of tax.
- Preparing the audit report.
- Preparing final accounts of different Funds.
- Compliance audit.
- Preparing Sales, Purchases & Inter schemes Sales purchase reports.