Experience

Austrian Arabian ReadyMix Concrete Company

• United Arab Emirates
• Civil Engineering
• 1 - 100 Employee

• Chief Accountant

  • Mar 2010 - Present

  Nature of Business: Specialized in the production and delivery of ready-mix concrete Average Turnover (Last 4 Years): AED 175 Million Number of Staff: 400. Reported to: Group Financial Controller (Arabtec Holdings) and General Manager. Job Profile: Managed day-to-day operations of monthly financial reporting & analysis reports Prepared annual budget and compared on a monthly basis with actual results and reported variances Reported monthly financials to holding company for holding level consolidation and MIS reports Consolidated subsidiary companies financial report with parent company financials. Monitored receivables, receivables certifications, payables, bank reconciliation, related party accounts & payroll. Evaluated and verified the financial report and MIS of the subsidiary company and reported to management. Prepared cost comparison, expenses comparison reports with historical data and reported to management. Fund flow and fund forecasting reports. Asset management reports and analysis. Managed LC, local bills discounting, fixed deposits and bank guarantees. Liaison with internal auditors, external auditors, banks & legal department. Product costing and project costing reports. Prepared plant wise profit & loss account break even analysis, cost and overhead comparison reports. Managed a team of 5 accounting staff. Supervised monthly physical stock verification of raw materials, PMV repair parts and general stores items. Implemented ERP for new subsidiary company established in KSA and designed accounts procedures & internal control. Show less



Ismail Al Khaja & Sons Group

• Executive Offices
• 1 - 100 Employee

• Chief Accountant

  • Jul 2006 - Jan 2010

  Nature of Business: Sole Distributor of Hitachi Power Tools in UAE, 4 Retails outlets and 5 Service Centers Average Turnover: AED75 Million Number of Staff: 105 Reported to: CFO Job Profile: Prepared financial reports & analysis reports Managed day-to-day operations of 3 branches and 6 accounting staff Prepared branch wise and POS wise profit and loss account and various performance reports. Prepared fund flow reports and forecasting repots. Monitored receivables ageing, daily collection, deposits and credit approvals and daily sales orders. Implemented control procedures for all branches and POS and monitoring. Formulated annual & monthly budgets and conducted variance analysis to determine variation between the projected & actual results of branches & POS and initiated corrective measures. Prepared branch wise breakeven analysis and weekly review report of achievements to the management. Prepared MIS reports and presentations in the monthly management meeting. Monthly stock movement reports and provided indicators for the management to maintain healthy inventory level. Managed bank reconciliations, branch reconciliations & related companies accounts (5 branches and 14 sister concerns) Managed operations of 8 stores and random wise inventory checking.  Prepared monthly reports for the principals & group finance department.  Liaison with auditors and banks. Prepared Inventory Management reports and discussed with sales department, purchase department and management to introduce new marketing strategies and sales offers. Product costing, sales price fixing, special discount offers and sales incentive plans. Advised management and department heads for effective cost control. Managed Branch wise, department wise, POS wise expenses reports and implemented control procedures. Show less



AL ISHRAK CONTRACTING LLC

• 1 - 100 Employee

• Accountant

  • May 2002 - Sep 2005

  Nature of Business: Construction of Villas and buildings Average Turnover : 40 Million Number of Staff: 130 Reported to: Finance Manager Job Profile: Prepared quarterly and yearly in-house financial reports. Prepared monthly payroll of staff and workers. Project wise cost reports and comparisons with the quoted Tenders. Prepared monthly schedules of depreciation, prepaid, staff & workers leave salary, gratuity. Prepared interim payment certificates, receipts, supplier & Sub contractor payments, journal entries, credit notes & debit notes. Prepared monthly bank reconciliation reports. Accounted site-to-site stock transfers. Show less



HOTEL LEELAVENTURE LIMITED

• India
• 1 - 100 Employee

• Assistant Accountant

  • May 2001 - Apr 2002

  Nature of Business: Hospitality (Leading 5 star Hotel) Reported to: Senior Finance Executive Job Profile: Prepared supplier payments, supplier & subcontractor account reconciliation. Monthly Bank reconciliation statements. Assisted senior finance executive for preparing reports and related company reconciliation reports. Stock physical verification and reported to seniors. Nature of Business: Hospitality (Leading 5 star Hotel) Reported to: Senior Finance Executive Job Profile: Prepared supplier payments, supplier & subcontractor account reconciliation. Monthly Bank reconciliation statements. Assisted senior finance executive for preparing reports and related company reconciliation reports. Stock physical verification and reported to seniors.