An Accounting, Finance and Tax Consultancy

(German based MNC having offices in Wiesbaden, Dusseldorf, Munich; Abu Dhabi is specialized in Management Consultancy in Nuclear and power plants, Petrochemical complex, Banking, Insurance, Energy, Transport & Logistic, Health Care, Manufacturing & processing and IT Management.)Accomplishments• Setting up Finance Department for the Plenum UAE Operations. Implemented the ERP & IT infrastructure for Finance & HR.• Enforcement of policies and procedures of the finance department as per IAS & IFRS• Created & implemented Chart of Account, Designed MIS for Accounts & Financial reporting & analysis.Role• Managing Finance Department and reporting to the Finance Director of Plenum Middle East operation• Finalization of Account & reporting (monthly & yearly)• Budget & Business Plan preparation, implementation and administration. • Credit control & Debt collection, Legal and statutory compliance, Cash flow & Treasury Management, Cost Accounting, Variance analysis.• To insure timely completion of external and internal audit to the satisfaction of the auditors & management• Managing all kind of Insurance policies. Analyzing the kind of risk covered against the premium ascertained and worth of asset insured & to ensure that company’s assets are adequately insured.• Liaison with banks regarding negotiation and arrangement of banking facilities, Overdraft, Invoice/cheque discounting, letter of credits, interest rates for optimum deal. Optimum utilization of facilities and its renewal.• Liaison with Lawyer for Legal matters, court cases/disputed for recovery of debts, police cases for dishonored cheques. Review of debts & risk involved/provision require and take appropriate initiative for debt collection.• Developing MIS reports for optimal decision making • Works closely with business managers to maintain a focus on current and future financial needs in order to satisfy business growth.• Supervises and trains accountants.

http://www.al-ghurair.com/en/product-services/constructions/A Member of prestigious Abdullah Al Ghurair Group of Co. and one of the largest Construction material manufacturing & supply group in UAE having workforce of 1,100 and turnover exceeding AED 1 billion. Work Description• Actively participated in implementation of ERP Oracle Financials modules• Implemented Project Accounting for the Contracting & Construction Business as per IAS 11 & Cost Accounting for manufacturing unit.• Implemented group credit policy & customers credit evaluation procedure.• Supervising team of 9 Accounting staff in a friendly environment & Reporting to the Chief Accountant. • Preparing accounts up to finalization i.e. Profit & Loss Accounts, Balance Sheets, payable, receivables, payroll, GL, TB, Fixed Assets, Inventory, reconciling bank statements etc. • Verifying records related to operating /capital expenditures in order to ensure that they accurately reflect the company's operations & to ensure that the balance sheet is a fair reflection of the assets and liabilities of the organization.• Handling Inter Co. Transactions• Assisting Chief Accountant in Budget & Business Plan preparation, implementation and administration.• Liaising with external and internal auditors• Liaison with banks for the optimum utilization of approved credit facilities & minimize the finance cost.• Meeting to Customers, Sales Manager, Debt Collector & Lawyers for recovery of debt. Reconciliation and resolving the disputes of customers account.• Handling insurance policies i.e. Medical, Accidental & workmen compensation, Vehicle, Fire, Plant & Machinery, Money, Property All Risk, Fidelity, TP Risk etc.• MIS i.e. Material variance report. Repair & maintenance analysis equipment wise/ usage wise. Debtors & creditors aging reports & turnover days. Sales & Cost of sales analysis. • Well versed in self-correspondences, letter drafting to Banks, Customers, Insurance Cos., Lawyers etc.