• Processing Monthly Group & Individual Financial Results, budget & rolling forecasts.• Perform detailed account analysis & corporate month-end processing & reporting, Manage, review, evaluate, select & implement group financial statement combination & its interpretation.• Maintain Stock Level & Supervise inventory reconciliations for RAK Factory mainly.• Approving the weekly accounts payable run, preparation of Cash Flow & review with management on a weekly basis.• Liaise with… Show more • Processing Monthly Group & Individual Financial Results, budget & rolling forecasts.• Perform detailed account analysis & corporate month-end processing & reporting, Manage, review, evaluate, select & implement group financial statement combination & its interpretation.• Maintain Stock Level & Supervise inventory reconciliations for RAK Factory mainly.• Approving the weekly accounts payable run, preparation of Cash Flow & review with management on a weekly basis.• Liaise with Lawyer regarding to Cases & Legal Notices for old Customers.• Liaise with local brokers for company insurance policies for CAR-WC-PL-Marine & Medical.• Contract/Agreement vetting- This includes a careful and critical examination of documents to be submitted, payment terms, issuance of bank bonds and their format, due diligence of clauses in the contracts, agreement, also to make sure that all safeguards are taken, specific roles defined and penalty clauses are reviewed carefully.• Working closely with Banks on Bank Facility.• Reviewing & Approving the terms & conditions for Export LC and verifying the draft LC upon receipt from applicant.• Analysis of Creditors & Debtors Aging and taking preventive measures against bad debts.• Preparing Monthly Payroll Process for the Group for WPS and Non WPS System.• VAT Return Filing review & compliance with FTA guidelines.• Prepare, Maintain and develop the corporate section of group policies and SOP’s.Significant Highlights Facilitated clarity on communication & information by relocating the finance team to centralized atmosphere. Restructure the Credit team & Achieve 45% recovery from Bad & Doubtful Debts. Accelerated monthly cash flows by 10% through improved & dedicated team planning. Achieved 2.5% Increase in Gross Profit & 1% Increase in Net Profit by formulating detailed COGS & Variable Cost Analysis. Achieved cost reduction of AED 950K & 450K for FY2019 & 2020 respectively. Successfully reduced the Subcontractors cost. Show less

Reviewing & Approving Customer invoices.▪ Reviewing Daily Sales Report for the Group in order to verify the accuracy of the data provided to the Management.▪ Reviewing Accounts weekly in order to verify the accuracy of the data.▪ Reviewing the monthly Bank Reconciliations for the Group.▪ Managing the Team of Six persons in order to get the work done on timely basis.▪ Applying for Bank Guarantees for the Contracting Divisions such as APG, PB & MBG.▪ Arranging Docs for LC… Show more Reviewing & Approving Customer invoices.▪ Reviewing Daily Sales Report for the Group in order to verify the accuracy of the data provided to the Management.▪ Reviewing Accounts weekly in order to verify the accuracy of the data.▪ Reviewing the monthly Bank Reconciliations for the Group.▪ Managing the Team of Six persons in order to get the work done on timely basis.▪ Applying for Bank Guarantees for the Contracting Divisions such as APG, PB & MBG.▪ Arranging Docs for LC payments from Client▪ Managing Funds for the Day to Day Transactions.▪ Reviewing Quarterly Inventory count in order to maintain the accurate inventory in the books.▪ Reviewing Debtors Report for timely payments and to update provision for bad debt on monthly basis where required.▪ Reviewing Input and Output Vat workings for the Group.▪ Reviewing Input and Output Vat RCM Workings for the Group for Import purposes.▪ Filing VAT Return for the Group and arranging timely payment.▪ Reviewing & Approving Petty Cash for the Group.▪ Preparing Deferred Revenue & WIP Working for Contracting division on monthly basis in order to keep the accurate amount under Revenue.▪ Maintaining the internal control system to prevent errors.▪ Reviewing group intercompany transactions for internal control purposes.▪ Preparing monthly payroll and monthly overtime for the group as per WPS requirement.▪ Preparing monthly Financial reports to review company position for Individual Company.▪ Preparing Consolidated Financial Reports for four Companies to review Group position.▪ Preparing variance analysis report for the material figures to be discussed. Show less

 Reviewing all supplier invoices and recording them accordingly. Preparing & recording customer Invoices. Recording monthly closing entries to finalize trial balance. Preparing & updating Deferred Revenue Sheet as per IAS-11 on monthly basis in order to recognize accurate revenue in the books. Using accounting tools wherever necessary for accurate accounting records. Make use of technology to develop, implement, modify and document record keeping and accounting… Show more  Reviewing all supplier invoices and recording them accordingly. Preparing & recording customer Invoices. Recording monthly closing entries to finalize trial balance. Preparing & updating Deferred Revenue Sheet as per IAS-11 on monthly basis in order to recognize accurate revenue in the books. Using accounting tools wherever necessary for accurate accounting records. Make use of technology to develop, implement, modify and document record keeping and accounting system. Survey operations to ascertain accounting needs. Recommend, develop and maintain solutions to financial problems of the business. Assigning entries to proper accounts. Analyze business operations, trends, costs, revenues, financial commitments and obligations, to project future revenues & expenses for notes to monthly financials. Doing monthly Bank Reconciliation for all bank accounts. Applying for Bank Guarantees in shape of Advance Payment, Performance bonds, Maintenance Guarantee & Retention and LC payments. Updating Sales and Order Register for reconciling monthly revenue booked with registers. Doing quarterly Inventory count in order to allocate accurate provision. Following Debtors for timely payments and to update provision for bad debt on monthly basis. Reviewing Purchase orders for local and imported purchases. Reconciling vendor balances before making payments. Maintaining petty cash and preparing petty cash report. Maintaining the internal control system to prevent fraud & errors. Maintaining fixed asset register and updating depreciation schedule on monthly basis. Reviewing group intercompany transactions for internal control purposes. Preparing monthly payroll and monthly overtime for the group as per WPS requirement. Preparing monthly Financial reports to review company position. Preparing variance analysis report for the material figures to be discussed. Show less

 Managing Working Capital of the company for the day to day expenses & payments. Maintaining the internal control system to prevent fraud & errors. Reviewing human resource policies of an organization on recruitment, termination, staff training and performance appraisal, and labour policies as per MOL. Dealing with the all banks on behalf of the company for Loans & Bank Guarantees for Projects. Dealing with the Insurance Companies for the insurance policies for the company… Show more  Managing Working Capital of the company for the day to day expenses & payments. Maintaining the internal control system to prevent fraud & errors. Reviewing human resource policies of an organization on recruitment, termination, staff training and performance appraisal, and labour policies as per MOL. Dealing with the all banks on behalf of the company for Loans & Bank Guarantees for Projects. Dealing with the Insurance Companies for the insurance policies for the company like CAR, TPL, PI & General Insurances for vehicles. Applying Accounting policies that are in accordance with generally accepted accounting principles and IAS’s; Management of office and subordinate staff; Applying new Work or Visit Visa for the new employees. Dealing with the Labour Office regarding to any issues arose. Dealing with all the RTA matters regarding to road permission, vehicle renewing and insurances. Dealing with the immigration office on behalf of company. Dealing all the legal activities on behalf of the company.  Dealing with the clients for the timely payments & reconciling the accounts; Managing Receivables as per standards to eliminate the amount of bad debts. Employee settlement e.g. Leave salaries & End of Service as per UAE Labour Law. Preparing salary as per WPS requirement. Handling the Petty cash for Oman as well as UAE Projects. Managing the site staff overtime details. Gathering data & reports from the assistants regarding to their tasks and compiling them to make reports on monthly basis for head office. Maintaining Fixed Assets registers. Show less

 Preparation of control weakness/ deficiency and recommendations letter. Involved in the preparation of key correspondence with those charged with governance. Valuation and documentation of present accounting and internal control system. Reviewing human resource policies of an organization on recruitment, termination, staff training, employees benefit schemes, segregation of duties, job stress, job rotation and performance appraisal, and need/ motivation… Show more  Preparation of control weakness/ deficiency and recommendations letter. Involved in the preparation of key correspondence with those charged with governance. Valuation and documentation of present accounting and internal control system. Reviewing human resource policies of an organization on recruitment, termination, staff training, employees benefit schemes, segregation of duties, job stress, job rotation and performance appraisal, and need/ motivation analysis. Identification of inherent risks present in a system and reporting weakness and risks to the management.  Financial statements disclosure requirements as per relevant laws and Accounting Standards;  Income Tax matters, including determination of taxable income and calculation of tax liability of companies, Sales Tax matters specifically from viewpoint of Financial Statements  Accounting policies that are in accordance with generally accepted accounting principles and IAS’s; Management of office and subordinate staff;  Dealing with the clients and fulfilling their needs on a timely basis; Corporate laws and secretarial practice Maintaining Fixed Assets registers. Show less

 Ensuring recording and preparation of financial statements in compliance with International Financial Reporting Standards.  Preparing and presenting monthly accounts to higher management. Costing analysis relevant to sales. Preparation and submission of monthly stock statements to management. Preparation and monitor weekly accounts receivable status, sending reminder to customers and making sure timely receipts of money. Handling accounts payables making sure all… Show more  Ensuring recording and preparation of financial statements in compliance with International Financial Reporting Standards.  Preparing and presenting monthly accounts to higher management. Costing analysis relevant to sales. Preparation and submission of monthly stock statements to management. Preparation and monitor weekly accounts receivable status, sending reminder to customers and making sure timely receipts of money. Handling accounts payables making sure all formalities are complete before releasing the payment. Preparation and monitoring cash flow and bank position for day to day requirements. Checking purchase orders before sending to Vendors. Checking all the invoice and delivery notes before handing over to customer service to make sure that it is matching with the customer PO. Handling the HR issue in absence of HR personal.  Making the payroll for Staff members and make sure that all the formalities and adjustments are properly done. Assist Senior Accountant in day to day administration issues. Show less