Charles Mathew
Finance Director at Stryx Sports- Claim this Profile
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English Full professional proficiency
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Malayalam Native or bilingual proficiency
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Hindi Limited working proficiency
Topline Score
Bio
Experience
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Stryx Sports
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United Arab Emirates
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Spectator Sports
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1 - 100 Employee
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Finance Director
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Jan 2021 - Present
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Rixos Hotels
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Netherlands
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Hospitality
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700 & Above Employee
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Finance Manager
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Sep 2018 - Mar 2020
• Verify recorded transactions and report irregularities to management. • Providing direction to the night audit team so as to ensure proper revenue reporting. • Reviewing all ledger details guest ledger, city ledger and deposit ledgers to validate proper payment and revenue posting. • Forecasting cash payments and anticipating challenges arising from limited cash flow. • Ensuring that cash flows are adequate to allow business units to operate effectively. • Preparing and presenting financial reports for meetings and investors. • Maintain banking relationships and negotiating loans and merchant services for business units. • Providing direction and training to hotel operational team in areas related to finance, financial reports, internal controls, labour management, payroll, etc. • Effectively manage the accounting team through respectful communication, clear expectations, relevant training, productive coaching, regular meetings, and appropriate performance management. • Recommend and maintain a system of policies and procedures that impose an adequate level of control over Finance Department activities. Show less
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NRTC Holding Group
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United Arab Emirates
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Food and Beverage Services
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100 - 200 Employee
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Finance Manager
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Sep 2017 - Aug 2018
• Finalization of the books of account of Group. • Management Reporting • Credit Monitoring, policy creation and Cash flow Management • VAT review and Submission • Cost- Revenue- Profitability analysis on High level and Product profitability monitoring. • Internal And External Audit governance. • SOP and KPI review and updating. • Supplier and bank dealings. • Payroll review and approval, recruit, organize, train and manage staff. • Liaison between the organization and its shareholders, the investing public and external financial analysts • Establish profitability standards for investment activities and handle mergers and/or acquisitions • Notify and report to senior management concerning any trends that are critical to the organization's financial performance. • Variance analysis and reporting Show less
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Emaar Hospitality Group
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United Arab Emirates
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Hospitality
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700 & Above Employee
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Assistant Director of Finance
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Jul 2014 - Sep 2017
Pre-opening & Shared Service Model Implementation. Budgeting – CAPEX and OPEX, Cost Controlling, Cash flow analysis & Treasury Management, Financial Policies & system - creation and implementation. Financial Analysis, Variance analysis, Investment – ROI Analysis and Management Reporting (Monthly BRM, Quarterly Budgetary Reviews and Variance analysis. Audit and Government submissions, Asset Management, Strategic Planning, Risk analysis and monitoring. • Finalization of the books of account of Emaar Leisure Group. • Review and submission of Business unit’s financial statements and Management Reports. • Presentation of Reports at Business Review Meetings. • Cash Flow management, Procurement reviews and approval. • Directs and overview Internal and External Audit proceedings • Risk Register review, monitoring and mitigation measures • Strategic and Standard Operating Policy creation of Hotel and Marina operations. • Signatory on all Bank Cheques, Transfers, Contracts and Memos. • Preparation of Budget strategies, Budget review and approval. • Payroll review and approval. • Variance analysis and reporting Show less
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Dubai Sports City
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United Arab Emirates
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Real Estate
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100 - 200 Employee
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Senior Finance Manager
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Jan 2008 - Jun 2014
• Finalization of the books of account. • Supervises and participates in the preparation of various financial statements and Management Reports. • Budget Preparations and presenting the budget at the Director Board. • Directs internal audits involving review of accounting, administrative controls, approval of Contracts, Purchase Orders, Validation of invoices and budgetary control. • Cash / Fund Flow Analysis & Monitoring fund movements and arranging bank transfers. • Directs the installation and maintenance of accounting records to show receipts and expenditures. • System setup and Oracle Financial implementation at newly started Golf Club. • Directs and participates in cost analyses and rate studies. • Establishes system controls for new financial systems and develops procedures to improve existing systems. • Coordinates preparation of external audit materials and external financial reporting. • Reviews financial statements with management personnel • Setup procedures for the Golf & F&B operations. • Directs the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses, and insurance records. • Payroll review and approval. Show less
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Emaar Hospitality Group
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United Arab Emirates
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Hospitality
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700 & Above Employee
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Assistant Finance Manager
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Oct 2003 - Dec 2007
• Operational Accounting and Management Reporting. • Finalization of Books of Accounts, Monthly Quarterly and Yearly Consolidation of accounts. • AP / AR statement, Invoice and F&B Cost Control Report analysis and payment follow-ups. • Credit Evaluation and appraising credit on Corporate Clients. • Membership & Corporate Client Servicing • Credit Card, Bank and Inter Company Reconciliations • Directs the installation and maintenance of new accounting, timekeeping, payroll, inventory, property, and other related procedures and controls. • Preparation of Annual Budget, Business Plan. • Formulating Departmental Appraisal and payroll deductions • Analysis of Tee Sheets, function sheets and room booking. Show less
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Dubai Golf
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United Arab Emirates
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Hospitality
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300 - 400 Employee
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Accountant / Asst. F&B Cost Controller
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Nov 2000 - Sep 2003
• Preparation of Cash Flow Statements, Bank Reconciliation and Credit Card Reconciliation. • Analysis of Golf Rounds, Daily Revenue, F&B Function Sheets. • Preparation of Daily Sales Report and Comparison Reports for the Management, Preparation and posting of Journals. • Bank and Inter Company Reconciliations • Inventory Controls & Cost Analysis. • Daily Banking, Preparation of Invoices, Follow up and Collection of over dues. • Preparation of Cash Flow Statements, Bank Reconciliation and Credit Card Reconciliation. • Analysis of Golf Rounds, Daily Revenue, F&B Function Sheets. • Preparation of Daily Sales Report and Comparison Reports for the Management, Preparation and posting of Journals. • Bank and Inter Company Reconciliations • Inventory Controls & Cost Analysis. • Daily Banking, Preparation of Invoices, Follow up and Collection of over dues.
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Education
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The Chartered Institute of Management Accountants
Presently Doing CIMA- Management Level -
University of Madras
MBA, Finance -
Mahatma Gandhi University
Bachelor of Commerce (B.Com.), Cost Accounting