Finance Director
Confidential
Total years of experience :18 years, 2 Months
Develop and execute financial planning and strategy.
Assessing, Managing and Minimizing risk in Business.
Develop Strategies to increase return on Investment and profitability.
Presents Financial reports to board members and Investors
Structured the business demands and setup policies and procedures for entire group companies.
Steering the company towards achieving the targets by reviewing the progress and affirming the development of contingency plans and corrective measures.
• Planning and managing cash and fund flow with functional requirements of business operations.
• Collecting, interpreting and reviewing financial information.
• Reporting to management and stakeholders by providing future business decisions might be impacted.
• Developing strategies that work to minimize financial risk.
• Developing financial business process and implementing SAP in accordance with IFRS.
• Functioning on Budget, Forecast and Management Information System.
• Evaluation of contracts and agreements.
• Preparation of consolidated financial statements.
• Advise on the way of handling cost effective and optimum utilization.
• SWOT analysis.
• Develop monthly financials and budget comparative performance.
• Audit execution with audit partners
• Managing day to day affairs of finance, administration and operation of the company
• Servicing as an executive member of the group committee which decides on strategic decisions for expansion, financing, budgeting and forecasting
• Cash Flow management and liaison with banks and other financial institutions
• Audit and financial planning for the group
• Assisting in setting up effective internal control procedures for group companies
• Submission of Monthly Management reports after making analysis of the actual with the budgeted figures and giving justification for variance
• Obtaining trade facilities from banks/Financial Institutes with better interest rates negotiations.
• Review and Finalize Consolidated financial statements
• Responsibility to review the progress of the company towards achievement of targets and support the development of contingency plans and corrective action
• Banking and Fund Management which is not limited to Trade Facilities and Export and Import LC, Invoice Financing, Discounting.
• Trade Promotions, Unrecognized revenue.
•Consolidation of group Financials, In-house, Finalization of books of account on Monthly and yearly basis.
• Vessel Utilization Report
• Preparation of BAS Report
• MIS
• Budget, Forecast
• Integration & Monthly Closing
• Scrutinizing Ledger
• Consolidation with Inter Company Accounts
• Impact on Cost
• Budget related work
• Streamlining the Financial Books
• Reconciliation of Ledger Accounts
• Fuel Stock
• Final review of all payments pertaining to the entire project.
• Handling the budget planning and cost control of the project entities
• Recoverable & Rechargeable Accounts
• Checking of Expense Claims and Revenue Invoices
• Bank Balance Reporting & arranging for internal Transfers
• Analyzing Intercompany Position
• Analyzing Drs & Crs Position
• Analyzing of Actual Financial Performance & Budget
• Capex Expenditure Comparison
• Cash Flow & Fund Flow
• Co-coordinating with bank
• Consolidation with Other Branches
• Co-coordinating with other branches for internal Transfers
• Dealing with Import & Export Documentation works
• Analyzing the Drs & Crs
• Preparing Cash Flow & Fund Flow Statements
• Preparation of MIS Reports
• Tracking on facilities & term loans
• Monthly & Annual Closing transactions
• Preparing Consolidated financial statements
• Stock Reconciliation findings with Group Warehouse variance observations.
Finance,tax