Collaborated with CEO, Finance team, Division Managers and Sales team of Lootah Industries LLC for annual budget preparation to ensure alignment with group requirements.
Review, finalization and monitoring of monthly Cash Flow Statements of Lootah Building & Construction LLC and managed payments to the Suppliers, Sub-Contractors, Payroll and other operational expenses.
Pre-payment review and approval of monthly payroll, supplier’s payments, logistics expenses, financial charges, petty cash expenses, rental charges of all Dubai based group companies of Lootah Group.
Coordinated with all group companies and external auditors (Baker Tilly) for annual audit of all group companies, Stand Alone & Group Consolidation, according to the applicable IFRS & IAS. (Major group companies includes: Lootah Industries LLC, Lootah Building & Construction LLC, Lootah Investments & Real Estate LLC, National Ready Mix Concrete LLC and others.
Review and finalization of Annual Financial Statements of Lootah Group\'s entities in other countries like Tanzania (Mineral Water Plant), in Djibouti (Various Industries, Vehicles Distributions and Mineral Water Plant) and getting them approved from higher management.
Visited Ethiopia Office for selection External Auditors & Tax Advisors, Finance and Administration staff.
Prepared monthly management accounts & quarterly In-House Financial Statements along with profitability analysis for management as well as for bank purposes.
Managed timely and accurate reporting of revenue, cost of revenue, variable & fixed costs, other financial transactions and information for detailed analysis. 
Managed accounting-team data using ORACLE Financial Version 12i, entering and organizing payroll, adjustments and monthly accrual information.
Successfully setup of Central Payroll Department for more controls on salaries and overtime payments.
Supported the CEO of Lootah Industries, Ajman with special projects and additional job tasks such as review of controls over revenue, certification of progress bills and overtime payments to production & site staff.
Participated in meetings with ERP team for implementation of VAT and advised for proper mechanism as Group Registration to ease of recording and monthly reporting process.
Coordination with all group finance team for finalization and timely filing of monthly Group VAT Return and on time deposit of VAT due.
Performed Internal Audit of entities within UAE and Tanzania & identified improvements regarding key processes for internal controls and accounting procedures and brought this information to the higher management for their review and approval.
Monitored and reviewed financial controls, processes and procedures to enable best practice development in line with group strategy.
Improved compliance by implementing new revenue recognition process for fixed-price arrangements and vendor-specific objective evidence accounting.
Contributed to effective hiring process by interviewing applicants and making recommendations for most suited candidates.
Managed 20 team members across 4 offices, ensuring maximum productivity and efficiency.

Supervision of complete process of Import & Export Letters of Credit starting from L/C opening, finalization of terms and conditions of L/Cs, making amendments, reviewing Commercial Invoices, Delivery Notes, Bills of Exchange, Bills of Lading & Shipping Certificates in accordance with L/C terms and follow up till final settlements.
Negotiation with banks for discounting of export L/Cs.
Arrangements of Trade Facilities and Term Loans from financial institutions, to cover the short-term and long-term needs of the organization.
Participation in planning of procurement of stocks based on requirements for the whole year.
Determination of products selling prices for different countries.
Supervision of accounting records by reviewing, validating & approving daily vouchers.
Review and finalization of monthly statements and reports of other group companies in Germany and other territories.
Review, finalization and monitoring of Cash Flow statement.
Finalization of Financial Statements along with relevant notes & schedules on quarterly basis.
Executed and completed annual audit of the Financial Statements according to the applicable IAS & IFRS.
Liaison with local and overseas banks and handling all bank related matters.
Performing Internal Audit of different areas as and when required by the management.
Coordinating for payments to vendors according to payment terms.
Reviewing calculations of monthly payroll under WPS, annual leave salaries and final settlements according to UAE Labor Laws.
Regularly reviewing and improving existing policies & controls of companies.

Monitored and supervised complete cycle of Import & Export Letters of Credit starting from L/C opening, review of terms and conditions, amendments, if any, checking of Commercial Invoices, Delivery Notes, Bills of Exchange, Bills of Lading & Shipping Certificates in accordance with L/C terms and follow up till final payment or full collection.
Maintained accounting records by reviewing, validating & approving daily vouchers related to GL, AP & AR modules of ERP – MS Great Plans.
Finalized monthly accounts & provided management reports within given timelines.
Prepared cash flows on monthly basis considering local and overseas sources of inflows and outflows.
Maintained project-wise records and produced profitability analysis for higher management.
Finalized Financial Statements with relevant Notes & Schedules on quarterly basis.
Executed and completed annual audit of the Financial Statements according to the applicable IAS & IFRS.
Liaison with local and overseas banks and handled all bank related matters.
Advised management for cost savings and measures to increase profit margins.
Coordinated for payments to vendors according to payment terms.
Reviewed calculations of monthly payroll under Wages Protection System (WPS), annual leave salaries and final settlements according to UAE Labor Laws.

Monitored daily activities of accounting, reporting, financial analysis and treasury functions aimed to ease workflow and speedy management reporting.
Finalized Financial Statements along with relevant Notes & Schedules on monthly basis.
Executed and completed annual audit of the Financial Statements according to the applicable IAS & IFRS.
Prepared Feasibilities & Cash Flow projections for commercial & residential projects.
Maintained project-wise records and produced profitability analysis for higher management.
Explored funding facilities through financial institutions to fund the upcoming projects.
Reviewed calculations of monthly payroll, annual leave salaries, final settlements according to UAE Labor Laws.

Maintained accounting records by reviewing, validating & approving daily vouchers related to GL, AP & AR modules of ERP - Oracle Financial 11i.
Compilation of Annual Budgets, monthly breakdown by package and by department.
Compared actual results with budgeted figures and enquired variances on monthly basis.
Prepared Profit & Loss & Balance Sheet, with related schedules on monthly basis.
Reviewed different analytical & comparative management reports being circulated on daily and monthly basis e.g. Revenue Reports, Supplier’s Aging, Payroll & various expenses.
Reviewed consumptions of raw materials and enquired for abnormal wastages.
Prepared & analyzed Product Costing required by higher management for decision making.
Productively participated and helped the GMF to arrange funding facilities to finance the import of New Production Lines and acquiring Seven-Up Franchise.
Prepared reports for Pepsi-Cola International & co-ordinated with their auditors.
Prepared and filed monthly, quarterly and annual Income Tax and Sales Tax Returns.

Designed new policies and implemented internal controls.
Conducted internal audits according to the plans.
Pointed out the weaknesses and suggested improvements to strengthen the internal controls to avoid misappropriations of company resources.
Reviewed payments and receipt vouchers according to the approved limits.

Conducted external audit of different industries including Textile, Home Appliances, Leasing Companies, Surgical Instruments, Publishers and others.
Finalized financial statements of different Public and Private Limited companies according to the applicable IAS.
Prepared and filed Income Tax Returns of various Public and Private Limited organizations, registered and unregistered firms and individuals according to the applicable Income Tax Ordinance and Rules.