Mohamed Amjad
Head of Finance at Big Fish Maldives- Claim this Profile
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Bio
Experience
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Big Fish Maldives
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Maldives
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Fisheries
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1 - 100 Employee
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Head of Finance
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Sep 2016 - Nov 2022
Male' Maldives. *Overseeing all aspects of accounting and finance function of the organization and assist team members when required. * Preparing and presenting monthly management financial statements to the management and ad hoc management reporting. * Preparing daily shipment (export) costing and presenting export shipment performance analysis. * Preparing monthly, weekly and daily cash flow forecasts, managing payables, and receivables and liaising with the banks. * Coordinating… Show more *Overseeing all aspects of accounting and finance function of the organization and assist team members when required. * Preparing and presenting monthly management financial statements to the management and ad hoc management reporting. * Preparing daily shipment (export) costing and presenting export shipment performance analysis. * Preparing monthly, weekly and daily cash flow forecasts, managing payables, and receivables and liaising with the banks. * Coordinating with foreign factoring companies (USA, EU) and arranging factoring for exports and ensuring ease of cash flow issues, and minimizing the risk of customer default. * Coordinating and negotiating with banks, customers, and suppliers for 'the letter of credit' arrangement for imports and exports. (Sight LC, DAP terms, etc.). * Coordinating with the banks and arranging trade finance facilities and asset financing facilities. * Coordinating with other departments (Production, warehouse and logistics) and implementing various reporting systems to collect data for accounting, reporting, and monitoring expenditures. * Periodically submitting various tax returns (VAT, WHT, and Corporate Tax). * Check and verify monthly payroll prepared by HR department and ensure payroll paid on time. * Performing various monthly reconciliations and closing activities.(Fixed Assets registry, Inventory, loan schedules, other accruals etc.) * Preparing budgets and forecasts and monthly variance analysis. * Assisting management in expansion projects through feasibility studies and investment appraisal and liaising with the banks to securing funds etc. * Coordinate and finalizing the year-end external audit and taxation. * Designing and implementing suitable internal controls. * Coordinating with the Microsoft Dynamic team for the new ERP system implementation and with HR software developers.
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Senior Accountant
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Sep 2015 - Sep 2016
Malé, Maldives
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EY
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United Kingdom
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IT Services and IT Consulting
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700 & Above Employee
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Auditor
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Sep 2013 - Aug 2015
Maldives
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Auditor
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Apr 2013 - Sep 2013
Sri Lanka
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Education
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ACCA
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Oxford Brookes University
Bachelor's degree, Accounting