Bilal Hamid Email and Phone Number

Core Responsibilities: Management Reporting and Analysis: Preparing monthly management reports to provide insights into the organisation’s financial performance. Conduct variance analysis to identify trends and areas for improvement. Provide insightful commentary and explanations for financial results to aid in decision-making and to support performance feedback discussions with relevant departments.Budgeting and Forecasting: Preparing annual budgets and bi-annual forecasts. Monitoring performance and analysing deviations using budget trackers.Project Summaries: Track project incomes and costs, maintain summarised records for project leaders and management overview.Intercompany Transactions (Transfer-pricing): Identifying income and expenses related to affiliates and charging these to the relevant parties I&E in accordance with transfer-pricing rules established under UAE corporate tax. Introduced a new integrated model for tracking and record keeping.Expense Reporting: Prepare monthly expense reports for detailed analysis of actual expenses for budget holders. Introduced expense breakdowns based on Activity, Supplier and Business Units to the reports. Balance Sheet Reconciliations: Prepare month-end balance sheet reconciliations for assigned accounts, ensuring accuracy and completeness of financial data.Ad-Hoc Financial Analysis: Variable compensation calculation for part-time staff, Review of payroll data to identify errors, preparing EOS statements, and other ad-hoc tasks to support business decisions, investment opportunities, and strategic initiatives.Financial Process Improvement: Significantly improved financial documentation with integrated models for prepayments and accruals, reducing repetition and ensuring increased accuracy in addition to improving the overall presentation of data. Furthermore, improved management reports preparation process.

Core Responsibilities:Financial Analysis and Reporting: Manage the monthly, quarterly, and annual closings. Prepare, analyse, and present IFRS compliant financial reports. Conduct variance analysis to identify trends and areas for improvement. Provide insightful commentary and explanations for financial results to aid in decision-making. Budgeting and Forecasting: Developing annual budgets and long-term financial forecasts. Monitoring performance and analysing deviations using budget trackers. Cash Flow Management: Managing cash flow to ensure sufficient liquidity to meet operational needs. Maintaining a smooth working relationship with all vendors and financial institutions. Manage bank and cash payments.VAT Returns Filing: Managing local regulatory, statutory, and legal compliances. Preparing tax returns and ensuring timely VAT submissions. Internal Audits and Assistance with External Audits: Successfully facilitated internal and external audits for multiple financial years (2019-2022).Other Responsibilities:Invoicing, General Ledger Management: Processing invoices, vouchers and updating general ledgers. Perform periodic reconciliation for accounts payables and receivables. Sales Administration and Coordination: Processing and managing quotations, Inquires, Sales Orders, Delivery Notes, and Production Requests. Coordinating with logistics department.Projects:Corporate Tax Implementation: Preparing the company for the implementation of corporate tax. Implementation of International Organization for Standardization (ISO): Prepared Quality Management (ISO 9001) and Environment Management Systems (ISO 14001) Manuals and undertook company-wide implementation. Cost Control, Efficiency and Financial System Improvement: Implemented SAP integrated barcode for automated stock management in company stores, eliminating human error and helper staffs. Improved cost efficiency by 35 percent.

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Credit Control: Analysing new credit requests, keeping detailed record of cheques in hand, and pendingreceivables.Bank Reconciliation: Comparing a company's bank account balance with its accounting records.