Chief Accountant
BSH Walls & Floors M.E. FZCO
مجموع سنوات الخبرة :16 years, 3 أشهر
BSH Walls & Floors, one of the region’s leading and most-trusted suppliers of wall and floor covering products and services. Backed by the World’s largest flooring manufacturer (Mohawk Industries) and the World’s No.1 specified brands of wall coverings (Bolta & Genon) which BSH exclusively represents across the Middle East and have a branch in Canada.
Highlights
• Reporting to Managing Director
• Instrumental in driving finance, accounting, reporting, budgeting, and cost control principles and process optimization.
• Ownership for the accurate and timely production of the Company’s internal and external financial reporting. Ensured timely preparation of financial statements and management reports for managerial decision making.
• Entrusted with the challenging job of handling budget control for all high-end projects.
Responsibilities
• Commanding the day to day accounts operations, handling a full spectrum of financial and cost accounting including AR, AP, GL, forecasting, budgeting, cash flow and managing contract documents.
• Reviewing Sub-Contract Agreement/LPO, liaising with Sales Team about the commercial terms, and with Project Manager & Project Teams for monthly invoicing, project wise cost allocation, investigating variances, approving expenses, and ensuring that project billings are issued to customers and payments collected.
• Leading AP function in a large corporate environment, managing weekly A/P processes, supplier relations, and ensuring timely, accurate processing of invoices, credit memos & payments through Electronic Funds Transfer.
• Adopting best practices for accounts receivable, reengineering the collection/ aging process, resolving customer queries and payment discrepancies and securing overdue collections.
• Processing Electronic Funds Transfer to overseas suppliers across the US, UK, Netherlands, Belgium, China, Taiwan, Malesia, etc.
• Approving sales/purchase orders, purchase requisitions and coordinating with Procurement, Logistics & Customer Service Officers to ensure material is procured & delivered to customers within agreed timelines.
• Reviewed Sub-Contract Agreements & LPOs, and if needed renegotiated payment terms to protect the risk of collecting money, thus facilitating positive cash flow.
• Responsibility for statutory financial reporting & ensuring highest standard of financial governance is achieved. Reconciliation of Banks, Customers, Vendors, Intercompany accounts, Balance sheet and P&L ledgers.
• Administered opening, tracking & closing of bank guarantees, tracking of security chqs issued to customers and collect back as per the agreed terms.
• Managing the entire VAT accounting process, maintaining records in an accurate and timely manner, thus enabling smooth VAT return process.
• Supporting Auditors with audit schedules and other documents necessary to complete year-end audit procedures.
Seekers Furnishings has been building premium joinery & furniture in UAE for over 25 years. It has been selected by some of the world’s biggest brands such as Google, Amazon and Siemens and has delivered several award-winning projects.
Highlights
• Reported to Finance Manager
• Effectively managed monthly close-out for 3 legal entities.
• Delivered full spectrum of accounts functions including payables and receivables management for maintaining effective cash cycle. Prepared monthly detailed cash flow, commentary and updated forecasts.
• Partnered with Project Manager & Teams for contract documents, approvals and services related to billing and opening, tracking & close-out of job cards.
• Prepared monthly client invoices, project wise cost allocation, and monitored account receivable & unbilled. Managed/expedited receivables.
• Collated financial reports - P/L statement & balance sheet.
Responsibilities
• Administered preparation and delivery of the company’s financial reporting, accounts receivable, accounts payable, general ledger, payments, fixed assets and payroll functions.
• Served as the annual budget owner, monitored variance vs approved budget and flagged to Finance Manager.
• Produced and reconciled General Ledger, Bank, Vendor, Customer and Inter-company Accounts.
• Liaised with Statutory Auditors for audit completion
• Superintended a team of 3 accountants, promoted a culture of high performance, continuous improvement, and exceptional team support that values learning and a commitment to quality.
Binghalib group provides total and complete solutions in Switchgear, Contracting, Trading and Services Domains, mainly specialized in Electrical Engineering with Manufacturing and Contracting in some other industries. Its key clients include Dubai Electricity and Water Authority, Dubai Aluminum.
Responsibilities
• Reported to Chief Accountant & Finance Manager
• Generated in-house financials to bankers for financing a portion of guaranteed project cost.
• Collaborated with Project Manager for preparation of monthly invoicing, project cost and variation reports on the project cost.
• Produced financial statements & MIS reports. Maintained the integrity of financial processes and procedures for the financial ledgers.
• Coordinated with external and internal Auditors of Group, provided them with end-to-end assistance in conducting the periodic audit processes.
• Effectively managed petty cash for various projects/sites
• Handled opening, tracking & closing of Bank Guarantees & managed L/C.
Previous Professional Experiences:
• Dec’06 - Jan’08: Accountant, Ivory Star Business Solutions, Dubai
• Dec’05 - Dec’06: Accounts Officer, Indus Motor Co Pvt. Ltd., India
• Nov’03 - Nov’05: Accountant, Panda Foods India Pvt. Ltd., India
• Oct ’02 - Oct ’03: Trainee/ Junior Auditor, CA P. Mohan & Associates
MBA (Finance), Sikkim Manipal University, 2009
Post Graduate Diploma in Financial Management, Annamalai University, 2004
Bachelor of Commerce, Calicut University, 2002