Experience

Midal Cables Ltd

• Bahrain
• Appliances, Electrical, and Electronics Manufacturing
• 1 - 100 Employee

• Finance Controller

  • Apr 2016 - Present

  • Dealt with Banks for arranging new facilities, yearly review and renewal of existing facilities, change in limits from time to time based on requirement and Bank account maintenance i.e. opening new accounts, closing existing accounts, addition of new signatories and deletion of outgoing signatories.• Dealt with brokers for Metal Hedging as well as currency hedging and also maintained the relationship with existing brokers and developed new brokers as and when required.• To ensure timely monthly closing at Midal Group level and submission of Management accounts and consolidated financials to Midal Management & directors.• To ensure that financial records are prepared and maintained according to the IGAAP and IFRS.• Identifying areas for cost saving and improvement.• Giving advice and support on all financial matters to CEO and company directors.• Working as a team leader & managing group of accountants / chief accountant/ finance managers.• Responsible for improving the company’s cash flow and reducing its arrears by keeping accurate records and ensuring payments are received on time.• Facilitated budget meetings to ensure revenue budgets versus expenses are met• To ensure the preparation of annual budgets and monthly forecasts at each entity level and consolidated budget & forecast at group level.• Effective Receivable Management. Managed and improved the entire collection and receivables process by weekly meetings with Marketing Department.• Review and make decisions on credit limits of new and existing customers. • Improve existing processes and streamline workflows from time to time.• Finalization of profit margin based on Projects, tenders and Customers.• Training and development of team.

• Finance Manager

  • Jun 2007 - Mar 2016

  • Ensure all Revenue and expenses are properly accounted for.• Financial reporting and control – Timely preparation and submission of MIS and financials as per deadlines and ensuring compliance of statutory deadlines.• Budgeting / Forecasting & reporting to assist management in decision making, fund utilizations and expected future expenditures, repayment to Term loan• Assist in developing and monitoring internal control policies, procedures, and controls.• Handled accounting operations pertaining to preparation & finalization of accounts, management of vendors and account payables / receivables management.• Payroll processing for Factory Employees.• Variance analysis of actual vs budgeted expenses.• Compiling & analyzing MIS on debtors, creditors, expenses, and analysis of profitability of organization.• Bank reconciliations, provisioning for expenses.• Management and Monitoring of Fixed Asset Register.• Establishment of Internal Controls.• Core member of Oracle R12 implementation and upgradation. • Core member of HFM & Hyperion Planning & Budgeting implementation.



GE Capital Services, Gurgaon, Haryana, India

• Process Expert

  • Jun 2005 - May 2007



Ge Capital International Services Limited.

• India
• Consumer Services

• Proces Expert

  • Mar 2005 - May 2007

  reconciliations (Cash & Bank, AP/AR and Inter-Company), monthly closing reporting and consolidation (HFM), MIS & Budgeting, Fixed assets module maintenance and monthly Variance analysis of budget Vs. actual expenses.Transitioned the closing & reporting stuff from GE Fleet services USA to GECIS India within the strict deadline of 2 ½ months From August 2006 to October 2006. reconciliations (Cash & Bank, AP/AR and Inter-Company), monthly closing reporting and consolidation (HFM), MIS & Budgeting, Fixed assets module maintenance and monthly Variance analysis of budget Vs. actual expenses.Transitioned the closing & reporting stuff from GE Fleet services USA to GECIS India within the strict deadline of 2 ½ months From August 2006 to October 2006.