Key Responsibilities & Achievements Successfully avail credit facility from the International Vendors (USA, Canada, Italy, Brazil) on favorable terms and conditions for the companyEffective negotiations with suppliers to avail purchase discounts on all key Active Pharmaceutical ingredients, thereby reducing products cost per unit and launch aggressive marketing strategy resulting in 100% sales growth annually Preparation of the annual and quarterly purchase forecasts of… Show more Key Responsibilities & Achievements Successfully avail credit facility from the International Vendors (USA, Canada, Italy, Brazil) on favorable terms and conditions for the companyEffective negotiations with suppliers to avail purchase discounts on all key Active Pharmaceutical ingredients, thereby reducing products cost per unit and launch aggressive marketing strategy resulting in 100% sales growth annually Preparation of the annual and quarterly purchase forecasts of the raw material for the exiting & new products on the basis of historical trends analysis and feedback of the sales team with respect to target marketEfficiently managing inventory to avoid any expired items costs and the valuation of the same on monthly basis Monthly preparation of management accounts after passing all necessary adjustments i.e. accruals, pre-payments, depreciation, stock adjustments etc.Liaison with the external auditors to get the auditor’s report and audited financial statements on timely manner Effective management and analysis of trade receivables, performing aging analysis and ensuring timely collection of all sales receipts Preparation of annual/monthly budgets and variance analysis between budgeted versus actuals, and revising the budgets, if neededPreparation of cost benefit analysis to decide which products to be manufactured and to forecast the feasibility of any new product Show less

Key Responsibilities & AchievementsPreparation and finalisation of the annual budget process, maintaining detailed models for accrual assumptions and ad hoc reviews against budget.Management of comprehensive credit control system from issuing of invoice till payment follow-up, reconciling ledgers with customers’ SOAs and highlighting the areas of discrepancies.Designed and implemented internal control system to minimize chances of error and fraud. Preparation of Bid… Show more Key Responsibilities & AchievementsPreparation and finalisation of the annual budget process, maintaining detailed models for accrual assumptions and ad hoc reviews against budget.Management of comprehensive credit control system from issuing of invoice till payment follow-up, reconciling ledgers with customers’ SOAs and highlighting the areas of discrepancies.Designed and implemented internal control system to minimize chances of error and fraud. Preparation of Bid Bonds & performance bonds for the project proposal and events.Performed comprehensive ratio analysis regarding debtors’ collection and creditors’ payment period to avoid any kind of cash flow deficit situation and agreeing new terms where required.Ensure the proper implementation of company policies & Internal Control ProceduresAssisted Finance manager in the process of securing the credit facilities from one of the most reputed banks in UAE Overseeing the Purchase department, Verifying approving the purchases for the projects analysing the budgeted expenses.Arranging with suppliers to extend credit period and credit limit facilities, ensuring proper supplies are maintained for the ongoing projects. Show less

Hard core proficiency in:International Financial Reporting Standards & international Accounting StandardsHands on experience of working on Tally, Quick Books & Mizan.netPractical experience of preparation of MIS ReportsPractical experience of preparation of Balance Sheet, Profit or Loss Statement, Statement of Cash Flows, Statement of Changes in Equity, Customers and Suppliers Statement & Reconciliations, Bank Reconciliation, Funds management, Inventory management, Sales and… Show more Hard core proficiency in:International Financial Reporting Standards & international Accounting StandardsHands on experience of working on Tally, Quick Books & Mizan.netPractical experience of preparation of MIS ReportsPractical experience of preparation of Balance Sheet, Profit or Loss Statement, Statement of Cash Flows, Statement of Changes in Equity, Customers and Suppliers Statement & Reconciliations, Bank Reconciliation, Funds management, Inventory management, Sales and purchase reports, Imports and exports working, LC documentation, Exchange gain / lossFinancial Statements Preparations & Analysis Entering & Posting of JV, RV and PV.Petty Cash HandlingCalculating & Preparing Payroll (Salary Sheets, Piece Rate)Recording Suppliers Invoices and Maintaining ledgers of suppliers Preparing Sales Invoices and preparing Accounts Receivable ReportsAny Other Task Assigned by the Manager AccountsPrepare financial statements and reports for company management. Maintain the bank accounts and record payments given to vendors.Finalize the pay roll system and to distribute the salaries among the staff. Keep check on budgets and maintain the expenses within budgetary limits.Handle the petty cash and prepare the expense vouchers.Prepare the bank reconciliation statements.Implement financial policies and procedures.Pass the journal vouchers to reconcile the general ledger.Manage the filing, storage and security of documents. Show less