Experience

6thStreet.com

• United Arab Emirates
• Retail
• 200 - 300 Employee

• Finance Manager

  • Oct 2022 - Present



Saudi Powerline Trading Company Limited

• Saudi Arabia
• Retail Office Equipment
• 1 - 100 Employee

• Finance Manager

  • Oct 2019 - Oct 2022

  Executive Summaryo FP&A Functions – Budgeting , Forecasting , Variance Analysis , MIS , Adhoc reporting ,Business plans for 7 to 10 years , root cause analysis , business direction and producing reports for higher management decisions o Accounting Closing: Ensure timey closing of Monthly and Yearly accounts in accordance with International Financial Reporting Standards (IFRS), direct tax Laws which is VAT, Zakat laws, other applicable laws, accepted customs and standard operating practices(SOP). o Financial Management: Prepare strategic/ long-term financial plans aligned to changes in financial regulations and legislation. Maintain fund availability for investment by evaluating cash flow position and forecasts, managing capital budgeting process and capital structure.o Operations & Risk Management: Enhance safety of organizational funds by efficiently managing liquid assets, highlight critical business issues with potential business impact to the senior management team for effective resolution.o Treasury Management: Skilled in maintaining steady cash flow and fund availability for future/ existing business funding requirement by effectively managing treasury operations. Optimize working capital, deployed funds and enhanced return on investments for generating adequate liquidity and cash flow.o Budgeting, Forecasting & Business Planning: Skilled in preparing budgets, rolling forecasts and business plans aimed at maintaining organizational bottom lines and enhancing profitability.o Audit & Internal Controls: Conduct audits and implement effective internal controls based on organizational policies and other statutory regulations.o Team Leadership: Skilled in creating and sustaining a dynamic environment that fosters development opportunities and motivates high performance amongst team memberso Effective Management Reporting: Preparation of monthly management reports(MIS)

• Finance Manager

  • Oct 2019 - May 2022

  Responsibility Outline: Accounting Management ~ Budgeting & Cost Control ~ VAT Compliance ~ Management Reporting ~ Internal & External Audits ~Business Development and Planning ~Credit Control Key Profile: o Plan, manage and control the effective general accounting operations in accordance with IFRS, VAT, Zakat, Standard Operating Practices and corporate finance governance framework. Review and recommend modifications to accounting systems and procedureso Provide timely and accurate financial information to support effective cash flow management in order to support the achievement of business strategy and the short-term/long-term business objectives.o Manage the effective achievement of the finance department objectives through setting individual objectives, managing performance, developing staff and providing formal and informal feedback in order to maximise overall performance and team motivation.o Manage / develop monthly and quarterly financial projections and forward to regional stakeholders to ensure annual budget and business plans are thorough, conservative and financially feasible.o Monitor financial performance versus the budget so that the business is aware of anticipated costs/ revenues, and areas of unsatisfactory performance are identified, rectified promptly and potential performance improvement opportunities are capitalised upon.o Oversee the day to day accounting processes and effective management of the payables, receivables and the chart of accounts ensuring that proper books of accounts are maintained for effective financial control in accord with Accepted Accounting standards and local statutory requirements.o Carry out accurate approvals of invoice payment authorisations, payment vouchers, cheques, bank instructions and other related financial documentation in order to facilitate timely processing of payments as per defined authority matrix.



Arabian Global Sources

• Construction
• 1 - 100 Employee

• Finance Manager

  • Aug 2016 - Sep 2019

  Responsibility Outline: Strategic Financial Planning ~ Budgeting & Cost Control ~ Compliance Management ~ Management Reporting ~ Internal & External Audits ~Business Development and Planning Key Profile: • Plan, manage and control the effective Finance & Accounting function within accepted Accounting principles/ local and international statutory standards and corporate finance governance framework. • Provide timely and accurate financial information to support effective cash flow management in order to support the achievement of business strategy and the short-term/long-term business objectives. • Manage the effective achievement of the finance department objectives through setting individual objectives, managing performance, developing staff and providing formal and informal feedback in order to maximise overall performance and team motivation. • Manage / develop monthly and quarterly financial projections and forward to regional stakeholders to ensure budget and business plans are thorough, conservative and financially feasible. • Monitor financial performance versus the budget so that the business is aware of anticipated costs/ revenues, and areas of unsatisfactory performance are identified, rectified promptly and potential performance improvement opportunities are capitalised upon. • Oversee the day to day accounting processes and effective management of the payables, receivables and the chart of accounts ensuring that proper books of accounts are maintained for effective financial control in accord with Accepted Accounting standards and local statutory requirements. • Carry out accurate approvals of invoice payment authorisations, payment vouchers, cheques, bank instructions and other related financial documentation in order to facilitate timely processing of payments as per defined policies & procedures. Key Highlights: • Secured for the company the biggest contracts from Clients amounting to approximately to SAR 87.50 Million.



Specialized Automotive Company (SAC)

• Automation Machinery Manufacturing
• 1 - 100 Employee

• Finance Manager

  • Jul 2013 - Jul 2016

  Specialized Automotive Company LLC (MG Motors), Riyadh - KSA Jul 2013 till date Head of Finance Responsibility Outline: Strategic Financial Planning ~ Budgeting & Cost Control ~ Compliance Management ~ Management Reporting ~ Internal & External Audits Key Profile: Acquaint team members with Generally Accepted Accounting Principles, standard operating practices, contractual parameters with principal in China, suppliers & vendors as well as rules and regulations for implementing the same in day to day business operations • Guide team members in finalizing 6 year master budget post obtaining approval for defining key performance indicators as well as preparing quarterly interim budgets • Evaluate/ highlight operational & financial performance of the organization to the senior management & other stakeholders to enable effective decision making • Collaborate with various department heads for effectively identifying/ mitigating budget variances for maintaining organizational bottom lines • Assist the senior management in implementing business/ market strategies and product plans for accomplishing financial as well as operational objectives • Render consultancy to the management in finalizing product pricing by providing landing cost for vehicles/ high profitability vehicles vs. low profitability, seasonal sales promotions / discounts / vehicle clearing rates • Participate in annual audits & stock taking and conduct due diligence for potential joint ventures • Function as member of the project team involved in setting up new software for the organization to facilitate financial reporting and other related operational requirements • Manage day to day accounting activities encompassing following up on receivables, approving supplier's invoices, day to day expenses, collection of sales as well as receipts from other branches • Negotiate/ finalize terms of financing from banks to maintain multiple options of financing existing/ future business ventures



B C Jain Co

• India
• Consumer Services

• Internal Audit Manager

  • Oct 2010 - Mar 2013

  Responsibility Outline: Preparing Audit Plans ~ Resource Deployment ~ Defining Audit Process ~ Client Relationship Management ~ Team / People Management Key Profile: Involved in planning & deployment of resources based on audit requirements • Assessed/ implemented internal controls into financial and operational processes based on identified risk areas • Interacted with process owners/ reporting managers and prepared Risk Control Matrix (RCM) • Conducted detailed analysis of transactions and guided team members in accomplishing audit objectives • Assessed & recommended remediation for identified deviations • Evaluated/ categorized financial and operational exposure into Critical, High and Moderate • Prepared/ presented internal audit report to the senior management to enable effective decision making



ETA Group of Companies

• United Arab Emirates
• Construction
• 700 & Above Employee

• Finance Manager

  • Nov 2008 - Sep 2010

  Head – Finance & Accounts Responsibility Outline: Finance & Accounts Management ~ Cash Flow Management ~ Budgeting & Cost Control Key Profile: Followed up with a team of accountants with regards to day to day accounting, petty cash payment & invoice processing • Evaluated bank accounts, cheque processing, receipt, payments & BRS for maintaining adequate fund flow • Followed up on invoices & collections for rigs with local authorities for payments • Managed regular receipts, booking of invoices, monthly reconciliation and payment processing • Ensured compliance to organizational policies & procedures pertaining to procurement of materials • Worked on monthly reconciliation of store accounts • Prepared/ presented various status reports to the senior management to enable effective decision making Key Highlights: • Successfully streamlined process of invoicing of back charges, rig invoicing and recovery leading to recovery of approximately $25 Million • Enhanced overall reporting from rigs location to reduce downtime from 5.5% to 1.25% leading to reduced monthly loss of $180,000



Sharaf Shipping Agency

• Transportation, Logistics, Supply Chain and Storage
• 400 - 500 Employee

• Accounting Manager

  • Jun 2006 - Oct 2008

  Cash Flow ,Budgeting,Accounts Receivables,Accounts Payable,Monthly Closing,Applying General Accepted Accounting Principles and SOPs,Business Analysis ,Team Motivation & Training Cash Flow ,Budgeting,Accounts Receivables,Accounts Payable,Monthly Closing,Applying General Accepted Accounting Principles and SOPs,Business Analysis ,Team Motivation & Training