Afaaz Buhary

• Responsible for day-to-day finance and accounts operation.
• Prepare a full set of monthly, and yearly financial statements.
• Manage cash flow through controls on inventory, credit, and payables.
• Perform cash-flow forecast, bank and Balance Sheet Reconciliations, and furniture, fixtures & equipment reconcilliation.
• Review and approve payments and payroll reconciliations.
• Maintain exceptional accounting and internal control practices ensuring procedures remain ethical and legal.
• Create positive work environment through mentoring and coaching.
• Prepare the annual operating budget with the Finance Lead.
• Perform all types of monthly reports for hotel-owning company.
• Collaborate with auditors, authorities and Insurance companies.

ACHIVEMENTS

• Successfully led the system installation and performed all system coding and mapping during pre-opening.
• Successfully registered and implemented procedures for Dubai Tourism portal and Dubai Municipality Revenue portal submissions.
• IHG Control Self Assessment in 2024 scored 98%.
• Docmx (Digital Doc) performance among top three hotels in the region.
• Performed payroll several times during paymaster's annual leaves.
• Independently performed duties several times during the annual leaves of Finance & Business Support Manager.

• Regularly review of high balance, and accounts receivable ledger.
• Handle client's queries promptly, professionally, and efficiently.
• Conduct monthly credit meetings and discuss challenges.
• Perform risk assessments and recommended credibility.
• Reduce bad debt exposure and improve profitability.

• Perform bank and balance sheet reconciliation.
• Performed month-end / year-end closings, and maintained clean, accurate, and accessible records.
• Prepare a full set of financial statements.
• Verify supplier payments and approve on bank portal.
• Ensure compliance with Marriott International Risk Assessments (ISRA) controls and guidelines.

• Gained experience, exposure, and knowledge of Financial Reporting.

• Establish and maintain credit policies and best practices according to IHG guidelines.
• Regularly review credit limits, and PM rooms.
• Visit travel agents and companies to maintain relationships and timely collection.
• Ensure customer credit limit, comply with outstanding.

ACHIVEMENTS

• Performed audit duties during the annual leave of the Income Auditor.
• brought up and maintained over 60 days outstanding to below 3%.
• Performed restructure process of accounts receivable accounts and converted to neat and clean aging.
• Maintained daily credit sales outstanding below 45 days.

• Preparing daily revenue reports for management and hotel owners.
• Review and verify cash and credit card transactions.
• Reconcile revenue and investigate any discrepancies or variances.
• Generate timely invoices for guest stays, group bookings, and events.
• Apply payments received to the appropriate AR accounts and invoices.

• Prepare a daily general cashier's collection report.
• Collect daily collections, and deposit in the hotel bank account.
• Issue due-backs and small bills for cash change.
• Prepare weekly and monthly cashier over & short reports.
• Manage petty cash funds and perform timely reimbursement.