FINANCE MANAGER
City Center Doha
مجموع سنوات الخبرة :31 years, 2 أشهر
* Reporting directly to the CFO, overall in charge of the Finance
Department of the company. Joined as Senior Accountant and got
promotions to reach the current level.
* Financial management of the Mall with more than 450 tenants spread
over a leasable area of 142000 sqm.
* Reviewing all the lease contracts before finalization and suggesting the
inclusion & exclusion of terms & conditions to the existing predefined
standard set.
* Reviewing the concept and financial feasibility of short term promotional
activities.
* Actively participating in defining and redefining the Rental Rate Matrix for
the leasable area as per their location, approach and accessibility to the
visitors.
* Negotiating the financial terms with new & existing tenants.
* Actively participating in the formulation & finalization of Facility &
Maintenance, Housekeeping and Security related service contracts.
* In coordination with the other departments, insure proper execution of the
contract and adherence to the terms.
* Managing finance functions, determining financial objectives, designing &
implementing systems, policies, conducting cost analysis and reporting
budgetary variances to facilitate internal control.
* Maintaining & preparing MIS reports to update higher management on
financial performance, fund management, profitability etc.
* Formulating annual Revenue, Operational & Capital Expenditure Budgets
and their periodic review & reallocations and implementing corrective
actions.
* Liaison with External / Internal Auditors.
• Preparation of Financial Statements and their Financial Analysis by evaluation of Profit & Loss Account, Balance Sheet, Cost Centres and Profit Centres.
• Managing the Export & Import related documentation, procedures and activities such as arranging Over Drafts, Cash Credit, Letter of Credit, Letter of Guarantee, Performance Bond, Bank Guarantee and follow-up communication.
• Review & approval of all the purchase request with coordination of various departments.
• Insurance arrangement by finalizing the Insured Sum, negotiating the Premium, reviewing the Policy, especially the Exclusion & Inclusion clauses, maintaining the record and lodging & follow up for the claims till their settlement.
• Designing business plans / strategies for reconstruction and expansion projects of the mall.
• Project cost budgeting, reviewing project progress and reporting performance to higher management.
• Monitoring & controlling of live projects ($300M) through key financial reporting indices.
• Preparing project feasibility reports for the purpose of Project Financing.
• Lead role in Oracle Financials ERP Implementation as Functional coordinator.
• Coordinate and Control all users through super user authority of Finance & Property Management modules.
• Payroll, Leave Administration and finalization of EOSB settlements in coordination with the HR department.
• Established the accounts department from scratch and presently responsible for the reporting of 10 team members.
• General Ledger Administration.
• Distribution of Accounts & Maintenance of Chart of Accounts.
• Monthly Book Closing in terms of Finalisation of Accounts.
• Verification and Finalisation of the following on monthly basis.
• Profit & Loss Account
• Balance Sheet
• Bank Reconciliation
• Inter Company Reconciliation
• Actual & Projected Cash Flows
• Budget verses Actual and the Variance Analysis
• Account Receivable & Payable Aging
• Asset Movement & Depreciation
• Maintenance of Asset Register, Incorporation of New Categories and Asset Assignment in FA Module.
• Liaising with Bank and others.
• Monitoring the accuracy of transforming the lease contract’s financial terms in to the property management module and approving them so as to generate the monthly bill & revenue.
• Account Receivable Analysis.
• Monitoring the collection and supervision of the collection team so as to maintain the stream of cash inflow.
• Constantly liaising with the tenants for rental collection and any other financial issues.
• Vendor & Customer Accounts Reconciliation.
• Reconciliation of Advances received, Post Dated Cheques and Security Deposits.
• To ensure the genuineness of all the Payments & Receipts and approving them.
• Reviewing & approval of all Journal Vouchers, Debit & Credit Notes.
• Ensuring the accuracy & approval of all the data entries for Bank Payment, Cash Payment, Supplier’s Invoices & Journal Vouchers.
• Monitoring the movement of issued payments and managing the Pre-Paid Expenses.
• Dealing with all kind of quarries from Suppliers, Contractors and Consultants.
• Payroll & other Employee’s related expenditures.
• Reviewing of Provisions related with employees benefits on monthly basis.
• Monitoring & maintenance of Employees advance and their personal expenditures.
• Maintenance of Project and Loan Account.
• Co-coordinating with the Auditors and fulfillment of their needs & demands.
* Managing of Accounts and their Finalization up to Balance Sheet and Profit & Loss Account.
* Reconciliation of Bank, Cash, Receivables, Payables, Loans & Advances etc.
* General Ledger maintenance and preparation of monthly Trial Balance.
* Preparation of Cash Flow statement and reconciling it with The Balance Sheet.
* Bank & Cash payments and Receipts, Maintenance of Journal Vouchers.
* Valuation of Fixed Assets and Depreciation.
* Payroll and other related personnel expenses.
* Sales & Purchase Accounting.
* Aging of the receivables and payables and follow-up with the sales executive for the collection of receivables according
to their age and credit limit.
* Inventory reconciliation with perpetual stocktaking.
• Supervision and maintenance of proper set of books of accounts, files and documents.
• Computerization of Accounting System.
• Supervision of day to day routine accounting e.g. Cash & Cheque Payments, Receivables and Payroll etc.
• Monitoring the expenditure and preparation of their budget.
• Half yearly Branch Inspection for their overall functioning.
• Preparation of Regional Accounts on monthly basis.
• Internal Audit on quarterly basis.
• Evaluation, selection, channelization and marketing of Primary Issues through the network of sub-brokers.
• Monitoring the stock movement in secondary market and hence the management of their portfolio.
• Evaluation of the proposals and providence of Auto Loans & House Building Loans.
• Job specification & assignment of the duties among the subordinates according to their qualifications and capabilities.
• Constantly follow up with the team members and motivate them so as to ensure that the job should be done within the stipulated time.
• Periodic performance appraisal for the subordinates in an order to recommend the HR department for in-house upgradation of the departmental employees.
• Evaluation of Investment Portfolio & Fund Management.
• Dealing with Banks and other Financial Institutions.
• Disbursement of Insurance Claim and arrangement of Counter Insurance with the Life Insurance companies.
• Liaising with Govt. Bodies, Banks, Insurance Companies and other organizations. Customers Support and Services, Maintenance of individual Customer's Ledger.
• Fund Mobilization and Fund Management.
• Supervised the accounting operation of branches under the Division.
• Supervised the treasury operation of branch offices, managed the day to day operations of the Divisional Finance Department.
• Ensured accounting processes are being performed in compliance with corporate procedures & guidelines.
• Consolidation of the branch accounts with Divisional accounts and generation of various reports.
• Budget allocation to Branches and variance analysis.
• Conducted Branch audits to ensure branch offices are following corporate guidelines and procedures on collecting and recording of premiums and paying claims.
• Marketing of Recurring and Fixed Deposit Schemes of the Company.
• Selection and Channelization of the field employees.
Masters in Finance and Control (MFC)
Economics Honours