Please turn on your javascript Farah Shaikh - Asst Finance Manager - A Premier Flight Catering - Jeddah, Saudi Arabia

Summary

Professional Skills Summary:
Accounting & Finance
• Consolidation, Finalization of monthly/annually Accounts as per IFRS
• Designing Accounting Policies & Procedures for JVs/
• Monthly Funds Demand (Cash/Bank/Letter of Credits) for all running Projects
• Preparation of Daily Cash Inflow/Outflow Statement, Forecasted Cash Flow Statement
• Keeping eyes on Priority Lists of Payables/Receivables (Aging Reports)
• Prepared and present business performance reports.
• Prepared monthly, quarterly and statutory financial statements in accordance with SOCPA ,”Balance Sheet, Income Statement, Statement of Cash Flow”.
• Managed company assets by verifying the quality of recording of Fixed Assets taking into account,
• Write-offs, Movement, Depreciation and Supervise periodic verification of assets.
• Prepared capital budgeting for,
• Prepared Management Information System (MIS) reports to management to support strategic decision-making.
• Managed short and long-term working capital and loan facilities with local banks
• Monitored, control and report the annual dividends paid to shareholders in order to maintain an accurate record of all dividend pay-outs.
• Managed all statutory requirements of the organization including,
• Withholding Payments, GOSI Payments, and Concession Fees and Zakat dues
• Dealing with Suppliers, Clients, Letter of Credits & Banks on daily basis
• Co-ordination with Projects Managers for Projects Budgets Preparation & Analysis
• Facilitated the annual audit process of external auditors (Ernst & Young E&Y , KPMG )
IT Packages
• Tally ERP 9, solving error, Company Split data yearly, Import export Legers from one group company to other group Company .
• Creating New Group Master , Ledgers Etc , Security Users , Split year end Data
• Microsoft Office , Excel – Advance
• Peachtree / Quick Books / Tally ERP 9 / Wings / Simply Accounting

Experience

Company Logo
Asst Finance Manager
A Premier Flight Catering
Oct 2003 - Present | Jeddah, Saudi Arabia

Position: Asst – Finance Manager - From 01-01-2016 – to date
­ Nature: A Flight Catering Company that provides in-flight catering services in Saudi Arabia. AAFC serves commercial airlines, private VIP aircraft and Hajj and Umrah charter flights, based in Jeddah, Saudi Arabia with catering units on Jeddah, Medina, Abha , Dammam , and Riyadh. Business segments are, Catering Units.
­ Jeddah VIP Terminal Cafeterias
­ King Khalid International Airport Lounge.
­ Fly Nas and Nesma In-flight Catering Operation.
­ King Abdul Aziz International Airport North Terminal Restaurants & South Terminal Restaurants.
­
Duties and Responsibilities:
• Managed day-to-day activities within the Accounting Department for meeting financial reporting deadlines.
• Prepared Management Information System (MIS) reports to management to support strategic decision-making.
• Prepared monthly, quarterly and statutory financial statements in accordance with SOCPA. ,”Balance Sheet, Income Statement, Statement of Cash Flow”.
• Prepared monthly Profit and Loss Account (P&L) for five business segments.
• Verified monthly payroll payment and reconcile with payroll sheet
• Managed treasury operations for cash deficit by,
• Managed short and long-term working capital and loan facilities with local banks (NCB & BSF).
• Monitored and control the contingent liabilities (LC Letters of Credit and LG Letters of Guarantee etc.)
• Monitored, control and report the annual dividends paid to shareholders in order to maintain an accurate record of all dividend pay-outs.
• Supervised senior accountants work tasks to maintain proper duty segregation and internal control.
• Followed-up daily purchasing to verify purchases is aligning with company procurement policy.
• Managed the whole inventory control process,
• Resolved inventory variances and supervise monthly physical inventory,
• Followed-up Bill of Material (BOM),
• Followed-up Product Costing and pricing,
• Managed capital expenditure CAPEX by verify

Languages

Expert English

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