ASSISTANT FINANCE MANAGER
Dar Al Shifa Hospital
Total years of experience :24 years, 11 Months
CORE COMPETENCIES
Finance & Accounts and Revenue cycle management:
Costing & Pricing setup in Health Industry:
Chart of Account setup in SAP:
Patient Billing in ISH-SAP:
* Managing the preparation & finalization of Trial Balance, Profit & Loss Account, Balance Sheet, Cash Flow Statement, A/R & A/P
aging reports and other final reports;
Supervise the costing and pricing and perform the department profitability.
undertaking verification and preparation of Banks Reconciliation Statements, Fixed Assets
Register and Stock Valuation; forecasting budgets for the year such as Production Budget, Sales Budget & Expenses Budget
* Negotiating with banks for arrangement of funds; monitoring the inflow & outflow of funds; monitoring the cash flow of the
company and forecasting funds required for capital expenses
* Full control of the Revenue management cycle of health industry and have years of experience in ISH-SAP and CERNER.
* Implement and train staff on Patient Accounting and maintain a sound billing for proper revenue recognition and accounting.
Receivables / Payable Management:
* Ensuring timely realization of debtors and monitoring payments made to vendors; monitoring accounts receivable/ payable
accruals and reconciliation of accounts receivable/ trial balance to the general ledger including reconciling of the
customers/vendors statements
* Managing vouching of Sales & Purchase Register, Debtors Ledger, Creditors Ledger, General Ledger in order to authenticate the
figures appearing in books of the accounts; processing suppliers & contractors bills, salary/wages bills, payment of PF, etc.
MIS / Reporting:
* Drafting and reviewing MIS reports on business performance such as monthly turnover and profitability
* Monitoring the KPI of Health sector and give the monthly alert to top management.
* Preparing MIS to provide feedback to top management on financial performance such as Balance Sheet, Income Statement,
Schedules of B/S, P&L Account, Sales Analysis Statements, Ratio Analysis and so on
Manufacturer of Salt, Chlorine, Caustic Soda, Hydrochloric Acid, Hypochlorite and Hydrogen
Role:
* Prepared & finalized accounts for Salt & Chlorine Plant, ALTC Transport division, Polymer division.
o Monthly KPI, Consolidated P/L Account and Balance Sheet of the Salt & Chlorine Plant
o Monthly P/L and Balance Sheet for Logistic Division
Supervised and reviewed the costing for the finished product before finalization and monthly closing.
* Developed budget, financial forecast, monthly variance analysis for sales and cost sheet for the monthly production
* Undertook thorough checking of:
o GL entries and AR & AP entries passed by the Account Staff
o Salary, Leave Salary and Indemnity Calculation
o Daily local & export sales and confirmed the price & quantity
* Finalized NBK online payment after thorough verification by the account staff
Accomplishments:
* Steered the implementation of ISO 9001: 2000 as Core Team Member
* Set-up a new Receivables Department to acquire amount pending in MEW & KOC; this helped in acquiring major portion of old
balances through strong negotiation
Independent handling of Foreign purchase.
Inventory management and effective handling pricing of the items to be sold.
Daily management of cash of all the showrooms.
Finalization of accounts and submitting report to the management.
Implementing accounting system and setting up chart of accounts.
Coordinating with banks to get credit facility.
Manufacturer of 5MV transformers for Bombay State Electricity Board
In charge of Inventory and costing module.
Job costing for the each 5 MV transformers manufactured.
Monitoring the cost for the repairs of all the 10MV transformers received as per contract.
Provide weekly report to management about the cost of every lot of transformers manufactured.
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