Finance Manager
Resume:
Abdu Rahiman Valappil
:*********@*****.***
Qatar- Doha
SENIOR MANAGEMENT PROFESSIONAL
Senior finance executive with 16 years of rich experience in heading Financial management and development with Accountability inclusive of Strategy Planning, Performance Management, Internal Control, Cost Management, Financial reporting Decisions, budgeting & Forecasting and Treasury management.
SUMMARY
Extensive experience in managing financial statement preparation and analysis, budgets and cash flows, overseeing the annual budgeting, leading audits, analyzing financial reports, achieving high level of accuracy using ethical work standards, as well as strong organizational, analytical and interpersonal skills. Moreover, possess outstanding communication, problem solving and decision making skills. Expertise in designing and implementing systems to achieve financial discipline and improve the overall efficiency of the organization, keen ability to establish and maintain excellent client relationship at all levels. Well versed with Oracle Business Suite- Finance and HRMS, Oracle Hyperion financial management & Tally.
Functional Skills
Managerial Skills
Financial Reporting & Analysis
Excellence in Analysis and Problem solving
Budgeting and Forecasting
Sound Judgement
Banking and Cash Management
Project Management
Cost Control & Reduction
Staff Management
Accounting Policies & Procedures
Team Development & Leadership
Treasury Management
Risk Management
Asset Management
Decision Making
Auditing & Taxation
Negotiation Skills
CORE COMPETENCIES
Managerial
Strategy Planning Operations Management Negotiation
Operational Excellence Business Transformation Project Management
Procurement/Outsourcing Vendor Management Team Management
Spearheading various project related activities involving project planning, execution and management in tune with the core
Business objectives (including risk management, effort/time/cost estimation)
Executing project as per plan thus achieving set deadlines. Formulating plans to meet contingencies
Monitoring project progresses as per scheduled deadlines for various tasks and taking necessary steps to ensure completion within time, cost and effort parameters
Formulating & implementing finance strategic plans, ensuring that they are aligned to the business unit, and they effectively support the growth objectives
Looking after over all Process Documentations, Problem Management, Escalation Handling and Reporting
ORGANIZATIONALEXPERIENCE
Since Oct’2010 - present: DEPA United Group, Doha, Qatar as a Finance Manager
Accountabilities
Preparation and analysis of monthly financial statements and interpret financial information to management
Submission of monthly, quarterly and yearend financial reports including forecasts to CFO by the respective deadline
Preparation of annual budget and reporting to management on variances between projected and actual with reasons for variance
Ensuring proper reflection of transactional events in the accounts as per IFRS and the Group's accounting policies
Ensuring proper adherence to the Group's accounting procedures and maintain proper internal controls
Providing advice to the Management concerning the financial implications to business strategies and plans
Liaising with external auditors and ensuring that the interim & yearend audits are completed within the scheduled timeline
Coordinate with external auditors and ensuring that the tax return filing is completed within the stipulated deadlines of tax authority.
Liaising with internal auditor during the course of internal audit of various functional dept and ensure management responses are provided by respective department head with responsibility and timeline.
Review and approve bank reconciliations on monthly basis
Preparation of cash flow forecast and management of funds efficiently ensuring sufficient funds are available to meet the operational and capital expenditures
Coordinate with the Commercial Department for the project reports on monthly basis
Review the contracts and agreements of supplier/subcontractors to protect the interests of the company and ensures that all invoices’ payments comply with the contracts’ terms and conditions
Review the aging analysis for receivables (trade and others) and payables and suggests further action.
Review of all kind of contract bonds, such as bid bonds, performance bonds, advance guarantees and do the necessary action to renew if required
Oversee the operations of the finance department, including the designing of an organizational structure
Overview the payroll function and processing and liaise with HR department as per the Group's policies
Coordinate with all departments on accounting related matters
Coordinate with subsidiaries on inter-company transactions
Perform other duties as assigned by the Management
Supervision of general accounting functions
Ensuring all accounts are reconciled on monthly basis
Ensuring that company policies & procedures and DOA are fully complied with
Ensuring fixed asset register is maintained and updated periodically to record and account for the company s property and equipment.
Follow up and collection of due receivables
Follow up on valuations to be certified on time
Conduct reviews and evaluations for cost reduction opportunities
Participate in the negotiation of payment terms for high value orders
Review of monthly estimated cost and revenue of the projects and highlight any concerns to the management on monthly basis.
Meetings with Project management & Commercial Dept to discuss finance related issues such as payment certifications, cash-flow, etc.
Liaising with Project Planning Dept, Commercial Dept to finalise project cash-flow required for project financing facilities and further co-ordination and follow-up with Treasury Dept until finalization of project facility line.
Maintain banking relations and manage daily banking requirements
Negotiation with banks for general and project facilities
Any other duties that may be assigned from time to time by FD/CFO.
ORGANIZATIONALEXPERIENCE
Dec’05 - Sep’10: DEPA United Group, Doha, Qatar as a Chief Accountant
Accountabilities
Perform full set of accounts and ensure timely closing of accounts.
Monitoring Bank Position on daily basis
Perform month-end accounting activities such as reconciliations and journal entries.
Opening Letter of Credit, certification and retirement of Documents, handling of Trust Receipt and liaising with the banks
Preparation of vouchers relating to LC issuance, amendments, Bills payables, settlements, Trust Receipts etc
Checking Subcontract certificates and posting on day to day, Processing of Payments of Sub Contractor
Maintenance of Guarantees inward and outward file/ and arranging renewal/ encashment
Checking and accounting of Payment certificates issued by Client
Accounting of all receipts received from Client
Generate financial reports and statements to Managers for review.
Monitor expenditures, analyze revenues and determine budget variances and report the same to FM/management.
Coordinate with FM for preparation of monthly, Quarterly & Yearly Financial.
Preparation of Various Financial & Management Report for Board Meeting like Project Performance report, Trend Analysis, Prelims Analysis - Budget vs Actual, Cash flow statement and various Ratio Analysis and Project wise Revenue Analysis
Reviewing staff’s monthly payroll sheet and preparing transfer
Reviewing and approving all supplier & Sub Contractor Invoices and Payments.
Arranging Suppliers & Sub Contractors LC’s as per the agreed Terms and condition.
Monitor and record financial transactions according to company policies and regulations.
Coordinate with concerned department to complete assigned accounting tasks within deadlines.
Assist in auditing activities by providing necessary information and preparing requested documentations.
Maintaining Staff Leave & END of Service Provisions.
Review and recommend changes to existing accounting procedures.
Provides guidance to other Accountants when needed.
ORGANIZATIONALEXPERIENCE
Dec’03- Jun’05: Quality Food Stuff W.L.L. Doha, Qatar as a Senior Accountant
Accountabilities
Preparation of Supplier Payment as per the agreed payment terms.
Preparation of Bank Reconciliation on monthly basis.
Preparation of all management reports including monthly financials.
Maintain account balances and bank statements
Ensures financial records are maintained in compliance with policies and procedures
Follow up and timely recovery of receivables
Responsible for payroll, maintain the list of employees benefits and settlement of employee’s final dues
Supervision of inventory control and physical verification of stock
Assist with analyzing financial statements on a monthly basis and report on variances
Maintain all expense accounts and keeps account of all invoice/expense reports
Establish and monitor the implementation and maintenance of accounting control procedures
Preparation of financial reports and coordinate for periodical reviews, yearend audits etc.
Booking of asset invoices, preparation of schedule of assets on monthly basis, and passing all necessary depreciation entries
Handling all payment relating to office rent, staff/labour accommodation, medical insurances etc. And preparing related accounting entries and schedule thereof.
Performs other duties assigned by the line manager/management
ORGANIZATIONALEXPERIENCE
Feb’02- Nov’03: Galaxy Catering Co.W.L.L. Doha, Qatar as an Accountant
Accountabilities
Prepare and maintain all accounting entries for day to day activities
Preparation of payment vouchers, cheques and bank transfer letters
Prepare and review aging report for receivables and payables and follow up collection
Reconciliation of accounts receivables, payables and bank accounts
Maintain petty cash, postdated cheques and multiple bank accounts
Manage fixed asset register and all related documents
Manage & control inventory, maintain order register and conduct physical verification on a yearly basis
Responsible for payroll, maintain the list of employees benefits and settlement of employee’s final dues
Assists senior accountant in preparation of financial and management reports
Assists senior accountant for audit review and year end audits
EDUCATION
1998 - Bachelor of Commerce, Calicut University, Kerala, India
2015 - Master in Business Administration(Finance) from Annamalai, Tamilnadu, India
2017 - Perusing CMA, Institute of Management Accountants (USA)
TRAININGS /CERTIFICATIONS
IFRS Seminar
Deloitte & Touche
25 September 2014, La Cigale Hotel, Doha, Qatar
TAX Seminar
Deloitte & Touche
15 December 2015, La Cigale Hotel, Doha, Qatar
IFRS Seminars
Deloitte & Touche
17 October 2016, Sheraton Hotel, Doha, Qatar
VAT Seminar
Ernst & Young
28 March 2016, Hilton Hotel, Doha, Qatar
COMPUTER LITERACY & LINGUISTIC SKILLS
MS Office, Tally, E-Promise, Oracle E-Business Suite – Finance & HRMS & Oracle Hyperion Financials Management
English,Arabic,Hindi, Malayalam, Tamil
PERSONALDETAILS
Date of Birth : 08thJanuary 1976
Nationality : Indian
Driving License : Qatar & India
Visa Status : Transferrable/NOC
References : Available upon request
Contact this candidate