Supervisor Finance, Logistics
Sevens LLC - Al Naboodah Group
مجموع سنوات الخبرة :16 years, 0 أشهر
Streamlining project contracts accounting, accounts payable, accounts receivable, cash flow management, MIS
reports
Supervised operations of the accounting section with focus on ensuring efficient processing (payment allocation,
reconciliation and month-end reporting) of company receivables and ensuring timely collection in accordance to
company policies
Composed effective accounting and ad-hoc reports summarizing data for the Supply Chain, Logistics and other
departments
Ensuring timely payments as per the agreed credit period; supervised the reconciliation of Account on a periodic
basis
Liaising with international and local suppliers including freight forwarders
Developing workflow for VAT implementation and recording of documents (in put & output soft registers)
Managing RFQ’s, follow ups, preparing comparisons, analysis and recommendations for procuring materials
related to equipment’s, spares, printing materials & AMC’s
Driving (inbound & outbound) logistics operations, fleet management and negotiation with freight forwarders for
timely delivery of the materials procured
Assessing pricing of projects, performed technical analysis on project costing for freight and customs duty,
maintained full set of books of accounts and financial statements
Performed trade finance activities including Letter of Credit (LC’s) and Bank Guarantees (BG’s)
Analyzed and reported financial information to executive management; actively worked with strategic business
units to ensure accurate and value added analysis
Communicated and reported variances on the income statement and balance sheet through several reports
Applied advanced skills in financial analysis such as budget setting, expense variance analysis & financial
consolidation; investigated and resolved potential project revenue leakage areas
Highlights:
Saved AED One Hundred Fifty Thousand in first year by renegotiating various pending disputes in payables
Monitored accounts to that ensure payments were up-to-date and resolved all invoice discrepancies
Ensured that audit objectives were met while gathering and documenting sufficient evidence to support audit
conclusion; communicated written audit results in a timely, comprehensive, and clear manner
Performed Pre and Post Audit of Yarn Procurement and Conversion Contracts (Weaving), Inventory, BPV, PV, JV,
PCV, PJV, SJV
Planned surprise market audits for purchasing; found and reported number of discrepancies in purchasing
Highlighted and reported discrepancies having financial impact in weaving from third parties
Recommended valuable system improvements in purchasing and issuance of yarn against warp/weft.
Improved monthly ROI i.e. overall, vehicle and product category wise
Analyzed reconciliation of inter-store of inventory, collections, accounts receivable, accounts payable, banks, and
sub account to control account
Checked principle invoices; verified distributer margin and FMR adjustment and generated summaries for SEDA
payment. Payroll processing including calculation of final settlement of employees as per the labor law
Updating daily cash in hand, bank and inventory position
Highlight:
Implemented new ERP; reported bugs, designed reports, reconciled manual books to ERP
Compiled annual budget including capital expenditure and prepared forecasted financial statements for 5
years
Achieved 20% to 25% growth in sales revenue through documenting stores, updating inventories, designing
circulars, designing discount system, and customer focused strategies
Maintaining accounts and preparing financial statements of public & pvt. ltd. firms;
Financial system development for effective operations management;
Performing Statutory Audits, Management Audits, System Audits and presenting qualified and unqualified audit reports directly to clients;
Filing of monthly and annual tax returns.
Designing Financial and Cost Accounting Systems and drafting SOP books for clients.
Dealing with legal issues of the clients.
Providing trainings and staff development programs to the clients.
A professional accountancy qualification based upon detailed learning of accounting systems, control environment and business management.
