Experience

  • Manager Accounting & Finance

    at RMB Group

    March 2018 - June 2019

    Abū Z̧aby

    RMB is Diversified Group of Companies ranges from the Oil Sector to Contracting Businesses. • Prepared Consolidated FS of Projects Portfolio of $60M includes Yas Warner Brothers (WB). • Performed POC as per IFRS-15, adjusted % Cost Incurred against % Work Certified in WIP. • Performed Variance Analysis as per BOQ Cost Code against Actual Cost based on POC. • Facilitated QS team on PQ Commercial Proposal with Adverse Variances based on X-Projects. • Facilitated Treasury on Bank Facilities includes ODs, LGs, LCs & Invoice Discounting. • Drafted Budgeted Cash Flow Project Wise to control Working Capital to manage Liquidity. • Maintained IRR above to WACC by controlling Contingent Project Expenditures. • Computed VAT Return on Projects against In-Put & Out-Put VAT as per FTA guidelines.

  • Chief Accountant

    at Al Sahraa Group

    December 2013 - December 2017

    Abū Z̧aby

    Founded in 1983, Al Sahraa Group having major Roads & Airbase Infrastructure Projects with UAE armed forces; having a big fleet for Logistics, Transportation & Construction services. • Finalized Financial Statements (FS) with an annual turnover of $100M & audited by EY. • Generated MIS P&L Reporting with Business Intelligence (BI) tool for each Class of Fleet. • Performed Transfer Pricing b/w Project & Transport Division for Divisional Profitability. • Facilitated Treasury on Bank Facilities includes ODs, LGs, LCs & Invoice Discounting. • Updated CFO for any Deviation against Actual & Budgeted Financial KPIs: NP margin, ROCE, AP/AR days with ageing, NCA turnover & Gearing. • Successfully Live ERP with Finance Modules of AP, AR, GL, CM & BM. • Successfully Integrated Finance with Cost Centers: HR, Insurance & Procurement. • Successfully Integrated Finance with Revenue Centers: Fleet Rental & Project Billing. • Benchmarked 3 years Financial KPIs with Industry Avg. yield Deviations.

  • General Accountant

    at Emocean Marine

    November 2011 - October 2013

    Abū Z̧aby

    Emocean marine is leading Fiber Boat Manufacturer in UAE. • Established JIT system in ERP to avoid Cost of HO Inventory by 35% by forecasted demand. • Implemented ABC technique for accurate Boat pricing & minimized OH Cost by 20%. • Monitored Back-Word Integration to acquire from Italy hull design for Fiber Boat Prototype. • Prepared Year-End Financial Statements (BS & PL) and audited by Ernst & Young (EY). • Established Direct & Indirect Cost Units under Prime Cost (Mat. & Lab.) & linked to FS.

  • Accountant

    at Trianon Hotel

    April 2010 - September 2011

    Abū Z̧aby

    Trianon (Hotels)- 4 Star, Abu Dhabi http://trianon-hotels.com • Recognized Revenue based on occupancy rate with seasonal trend analysis. • Mapped Chart of Account as per Hotel Business Processes. • Saved 30% Operational Cost by Restructured Business Processes (BPR). • Established Incremental Budget by minimized adverse variances in F&B Cost Head. • Maintained Liquidity and Gearing Position by extended Accounts Payables Cycles.

Education

  • Professional Qualification- ACCA

    at SBS

    2013 - 2016 (3 years)

  • ACCA

    at SBS

    2013 - 2016 (3 years)

Languages

  • Arabic Native

  • English Native

Hives