Finance Manager
Asas Investment Llc
Dubai, United Arab Emirates
As Finance Manager at Asas Investment LLC, I managed a large portfolio of assets across the UAE and UK, covering sectors such as Hospitality, Real Estate, Food and Beverage, and Agriculture. My role involved overseeing the full accounting cycle for a group of companies, which included preparing monthly, quarterly, and annual budgets, along with MIS reports, final accounts, and operational reports.I handled receivables, payables, and bank reconciliations, resolving discrepancies and preparing schedules for expenditure, depreciation, accruals, and prepayments. My responsibilities extended to managing daily operations for the receivables and purchase ledgers, performing aged debt analysis and follow-ups, and negotiating credit terms with banks, including interest rates and capital repayments. Additionally, I regularly reviewed nominal ledger reports to confirm accuracy and instructed necessary adjustments for end-of-month and year-end processes, such as accruals, prepayments, and allowances for bad debts.In tax-related tasks, I prepared and filed VAT returns, settled VAT liabilities, and assessed compliance with FTA regulations. I also critically analyzed the receivable and payable ledgers, assessed bank activity reports, and managed cash flow requirements to ensure smooth financial operations across all sectors.