Zacharias ماثيو

• Providing commercial and financial support to Senior Management with necessary financial forecasts, reports and insights facilitating business critical decisions
• Preparing budget and forecast for the individual business units and implementing performance rating measures for respective units.
• Responsible of preparing feasibility study for expanding new concept outlets and strategic investments.
• Review business processes and correlate them to IT systems, processes. Identify areas of automation and cost savings and improving operational efficiencies.
• Making appropriate recommendations for business process improvements to improve efficiency within the Finance team.
• Ensuring timely preparation and in-depth analyses of monthly reports of results, quarterly forecasts, annual Budget, and strategic planning.
• Responsible for planning and managing cash flow, ensuring financial transactions are authorized, controlled and recorded.
• Formulating and reviewing policies, procedures and division operations to ensure compliance with international laws and regulatory standards
• Develop and support strong external relationships with bankers, legal counsel and auditors

• Assigned responsibility of managing financial accounting, monitoring and reporting systems
• Provided consolidated monthly reconciliation of revenues and expenses with variation explanations and analysis to the Management
• Responsible of preparing feasibility study for expanding retail outlets
• Conducting reviews and evaluations for cost-reduction opportunities
• Controlling income, cash flow and expenditure and managing budgets
• Liaise and coordinating with auditors to carry out annual audit
• Collating, preparing and interpreting reports, budgets, accounts, commentaries and financial statements within deadlines
• Undertaking strategic analysis and assisting with strategic planning
• Advising management regarding accounting processes, findings and financial performance
• Formulating and reviewing policies, procedures and division operations to ensure compliance with international laws and regulatory standards
• Managing a company's financial accounting, monitoring and reporting systems

Al Futtaim Electronics - Panasonic, Toshiba, Aftron, Plug Ins, Techserve, B2B - LG, Hisense, DLink
• Collating, preparing and interpreting reports, budgets, accounts, commentaries and financial statements within deadlines.
• Undertaking strategic analysis and assisting with strategic planning.
• Developing financial management mechanisms that minimize financial risk.
• Preparation of feasibility study for expanding and acquiring distribution rights.
• Advised management regarding accounting processes, findings, and financial performance.
• Evaluated policies, procedures, and division operations to ensure compliance with international laws and regulatory standards.

Retail Division - Marks & Spencer, Ikea, Plug Ins, ACE, Toys R Us, Intersport, GUESS, Esprit & Sandgate
• Managing the Working Capital requirements for Retail Division. Preparation and implementation of a process of levying penal interest on the excess utilization of Working Capital compared to Budgets.
• Implementation of hedging policy for Retail Division to ensure the management of the foreign exchange requirements.
• Implementation of the Strategy for Pooling of funds of Retail Division to ensure the effective management of funds.
• Management and allotment of the funding facilities between all Businesses under Retail Division and responsible for fixing the Intercompany Borrowing rates.
• Managing the Daily Bank Position of Retail Division and providing the status report to Group Treasury.
• Identifying the banking requirements and liaison with Banks for the implementation and smooth operation of the same.
• Identifies new opportunities to reduce costs or develop new services for business.
• Preparation of Cash Forecast on a Weekly basis for Retail Division and variance analysis with the actual Cash Flow.
• Management and supervision of the day to day functioning of the Treasury Department for Retail Division

• Creation of the chart of Accounts, systems and the manuals of the organization
• Preparation of the various forms for the proper installation of the systems and checking the proper adherence as per the company policy
• Preparation of budgets and forecasts and report to the management the variances with the actual along with remedial action to be taken.
• Prepare, examine, analyses accounting records, financial statements, and other financial reports to assess accuracy and finalizing the accounts.
• Bank Reconciliation, Creditors Reconciliation & Debtors Reconciliation
• Liaise and responsible for both internal and external audit of the company, interact with auditors and conduct audit of all payments and ensure adherence to company’s policies
• Prepare Cash & Fund Flow Statements, Sales Report and MIS Report.
• Report to management regarding the finances of establishment.
• Manage documentation for Import such as Letter of Credit
• Liaise with Banks for General Credit Facilities for the company and the preparation of the feasibility studies for Project Financing Facilities from the Banks.
• Supervising the day to day functioning of Accounts & Personnel Department.

• Accounting of Receipts & Payments
• Preparation of Sales Report & Cash Flow Statements
• Bank Reconciliation, Creditors Reconciliation & Debtors Reconciliation
• Report to management regarding the finances of establishment.
• Laison with Banks
• Disbursement of Salaries
• Maintaining Petty Cash

• Finalization of accounts and Accounts writing
• Handle payments (out going), attend payment enquiries, handle suppliers, and maintain books of accounts.
• Report to management regarding the finances of establishment.
• Bank Reconciliation, Creditors Reconciliation & Debtors Reconciliation
• Preparation of Working Capital & Taxation Matters

• Manage Audit of various Companies, Banks, Insurance Companies
• Plan, perform and coordinate special investigation, interim audits and due diligence studies.
• Perform audits and issue audit reports, final balance sheets and financial statements for corporate companies.
• Finalization of accounts
• Preparation of Working Capital & Taxation Matters

• Audit of the Receipts and Payments
• Checking and verification of the internal controls for the company.
• Checking the proper adherence of the systems as per company policy.
• Plan, perform and coordinate special investigation, and due diligence studies
• Preparation and submission of Internal Audit Report to the management