Regional Head of Finance-Group
Deniz Asia General Trading
Total years of experience :33 years, 1 Months
Leading Financial Control, Reporting and Corporate Governance, and reporting to Board.
Core Responsibilities;
- Ensuring fixed assets (equipment and tools) generating timely income through rental/leasing
- Credit rating of customers for equipment rental invoicing and credit collection
- Overseeing periodic financial reports and ensuring they are timely issued and consolidated
- Quarterly external reviews and distribution of financial information to shareholders.
- Managing short-term and long term investment plans,
- Strategic financial planning and initiating new ventures and investment opportunities,
- Ensuring timely VAT returns,
- Implementation and reporting on Corporate Governance
- Preparing organization for ISO certification,
- Coordinating unit heads for performance reporting,
- ERP implementation, MIS development
- Preparing budget vs actual comparisons and reasoning,
- Credit Controls and receivables,
- Treasury and cash flow management and project financing,
- Project costing and variance analysis,
- Operational financial management.
Currently handling financial management, control and reporting function.
Core Responsibilities;
- Reviewing with Project Managers, monthly progress billings to clients,
- Aligning contractor and sub-contractors payments,
- Coordinating with Purchasing department for project related supplies and cash flows,
- ERP implementation, MIS development,
- Reviewing transactions to books of accounts, periodic financial reports,
- Preparing budget vs actual comparisons and reasoning,
- Credit Controls and receivables,
- Treasury and cash flow management,
- Project costing and variance analysis,
- Arranging credit facilities and project financing, \[bonds and guarantees\]
- Monthly payroll approval and bank transfers
Headed strategic financial management of leading holding company. Core responsibilities includes;
Strategic:
• Annual business planning and periodic comparison,
• Implementing Corporate Governance, share capital restructuring through IPO Advisors
• Financial feasibilities, business valuations for new Joint Ventures, acquisitions,
• Periodic review of investment portfolios
• Preparation for IPO/listing on stock market,
• Negotiating credit facilities with banks for the projects, including guarantees and bonds
• New assets sales & purchase.
• Contracts negotiations, BOQ reviews.
Financial Management
• Microsoft GP ERP implementation,
• Restructuring monthly reporting mechanism,
• Establishing group’s consolidated financial reporting on monthly basis,
• Review the existing procedures and develop policies to enhance control,
• Cash Flow and Fund management,
• Analysing monthly financial reports and performance of group companies,
• Annual business planning and periodic comparison,
• Financial Modeling,
• Monthly payroll review
• Receivables & Payables management.
• Cost of production, Inventory planning,
• Advances and retentions
Administration
• Purchasing controls,
• Insurance arrangements,
• IT equipment assignments
• Staff Hiring & Training.
Established accounting, finance, marketing and HR functions, introduced policies & procedures, yearly business planning, project appraisals, bank financing, periodic reporting, new proposals evaluations, development of hospitality, real estate and construction divisions.
Led team of 6 accountants, project-wise accounting, cash flow management, project financing, ERP implementation, payroll, sales commission, advances and retentions review and L/C, LG and APG arrangements.
Led team of 5 accountants (local & overseas) weekly, monthly management reporting, payroll, accounting and reconciliations, internal and external auditing support, reviewing payments against contracts, cashflow planning, funds management.
Developed complete accounting function, staff training, managed books of accounts, financial statements of trading activities, budgeting & reporting, taxation, payroll, banking, marketing management and Implementation of internal controls.
Maintained books of accounts, preparation of various financial reports and statements, inter-office reconciliation, assisted internal & external audit.
Administered British Gas-Oil Field exploration project, logistic, admin and finance functions, periodic reporting, implemented controls to achieve efficiency.
