RASHID K ABDUL SALAM
Finance Manager
Dubai
Summary
PERSONAL PROFILE MBA graduate specialized in Finance from Pune University India in the year 2009. My present employment as a Finance Manager is with SHARAF DG LLC & SDG Energy LLC, where I report directly to the CFO and Business heads and am primarily responsible for Business Finance Controller for the B2B and Energy Division and the Preparation of Monthly and Annual reports, Credit Control, Procurement of Energy Division, and ad hoc duties assigned by the management. I can work at a high level of responsibility and have produced a significant result under a given time frame, using my time-management and multi-tasking skills. I now aspire to foster a career in a company where I can apply my abilities, assume responsibilities and be a team player.
Overview
13
13
years of professional experience
6
6
years of post-secondary education
1
1
Language
Work History
Business Finance Controller
SDG Energy
- Solar & Lighting Division, Managing Procurement and Inventory
- Coordinate with Customers and Project Manager Teams in terms of Project progress
- Project costing, Project milestone-based income recognition
- Project Insurance
- Profit and Loss statement for the Energy Division and Annual Budget planning
Finance Manager
Sharaf DG LLC
Dubai
08.2020 - Current
- Perform business analytics to support management decisions on sales negotiation and revenue risk management
- Attend relevant meetings and provides Finance viewpoint on territory financial performance and strategy
- Manage the local Management Accounting team, including recruitment, training and development, and performance management
- Assist business partners with business case development, investment analysis, and ROI that improve operations and provide business insight
- Develop monthly/quarterly management, and BoD reports regarding the underlying performance of the business, leading indicators, and key metrics
- Partner with the business during the quarter to manage the company’s financial commitments
- Make sound recommendations for improving performance
- Create business cases, provide ad-hoc analyses, develop strategies, and advise on cash flow accretive opportunities in areas across the T-Mobile enterprise
- Provide strategic financial and operational insights utilizing recurring performance reports, ad-hoc analysis and performance reviews
- Credit Control for Above 800 +active B2B customers
- Additional
Assistant Finance Manager
Sharaf Electronics
Dubai
09.2015 - 07.2020
- Handling complete business of Etisalat Franchisee, Etisalat distribution (Van Sales) & Online Recharge Aggregator Business & Lighting Division Overall Business Finance and accounting responsibility, which consists of: -
- P & L -Submission of Profit and loss account reports to the management and channels every month
- Business Analysis: - Sales, Inventory, Budget vs
- Expense, and projection
- Balance sheet – Monthly balance sheet preparation and submission of the executive summary to the Board of Directors
- Budget- preparation of Annual budget for the Franchisee & distribution & Online aggregator business & Energy division
- Banking: - Letter of Credit and Bank Guarantee
- Audit – Giving necessary support while an internal and external audit exists
- Accounts receivable- Collection and controlling Aging of van sales and Retail Channels
- Applying company credit policy in business channels
- Monitoring customer payments, delays, and violations of credit terms and reporting to management
- Creation of customer codes and applying credit terms in the system
- Customer documents managing and tracking the document’s expiry
- Filing a legal case in coordination with the legal department and sales channel
- Following up with customers/sales and improving the collections and timely escalations on delays
- Accounts Payable – Trade and non-trade payments of Local and international suppliers within the time frame
- Applying company Payable policy in business channels
- Monitoring supplier payments, payment terms, and reporting to management
- Creation of Supplier codes and applying
Credit Controller
Jumbo Electronics
Dubai
02.2015 - 08.2015
- Credit control - for B2B and VAN Sales
- Applying company credit policy in business channels
- Monitoring customer payments, delays, and violations of credit terms and reporting to management
- Creation of customer codes and application credit terms in the system
- Customer documents managing and tracking the document’s expiry
- Filing a legal case in coordination with the legal department and sales channel
- Following up with customers/sales and improving the collections and timely escalations on delays
- Conducting credit checks on new B2 B customers.
Senior Accountant
Sharaf Electronics
Dubai
07.2013 - 01.2015
- Handling complete business of Etisalat Franchisee, Etisalat distribution (Van Sales) & Hardware Business accounting responsibility which consists of: -
- P & L -Submitting Profit and loss account reports to the management and channels every month
- Balance sheet – Monthly balance sheet preparation and submission of the executive summary to the Board of Directors
- Budget- preparation of Annual budget for the Etisalat Franchisee & Etisalat distribution business
- Accounts receivable- Collection and controlling Aging of van sales and Retail Channels
- Applying company credit policy in business channels
- Monitoring customer payments, delays, and violations of credit terms and reporting to management
- Creation of customer codes and applying credit terms in the system
- Customer documents managing and tracking the document’s expiry
- Filing legal cases in coordination with the legal department and sales channel
- Following up with customers/sales and improving the collections and timely escalations on delays
- Accounts Payable – Trade and non-trade payments of Local and international suppliers within the time frame
- Applying company Payable policy in business channels
- Monitoring supplier payments, payment terms, and reporting to management
- Creation of Supplier codes and applying
- Intercompany – Passing of intercompany transactions and reconciliation
- Orion module -Closing accounts receivable/ payable / Inventory/ Fixed Asset and GL functions
- General ledger - Passing of accounting entries that directly impacted the general ledger by the terms and stipulated period of the company policy
- Other ad hoc duties as assigned by management.
Country Accountant
Axiom Telecom
Doha
09.2011 - 06.2013
- Independently handling complete Retail and Van sales Accounting Responsibility which consists of: -
- Accounts receivable- Collection and controlling Aging of van sales and Retail Channels
- Applying company credit policy in business channels
- Checking the credit ratings of a company's customers
- Credit reviews every quarter based on company credit policy
- Monitoring customer payments, delays, and violations of credit terms and reporting to management
- Inventory – Ensure all invoices are interfaced to ERP (Oracle) from POS of Van sales and Retail
- Intercompany – Passing of intercompany transactions and reconciliation
- Oracle module -Closing of accounts receivable/ payable/Inventory/Fixed Asset and GL functions
- General ledger - Passing of accounting entries directly impacts the general ledger following the terms and stipulated period of the company policy
- Point of Control -Closing report work monthly by the policies and procedures adopted in accounting and ensure the deportation of all operations of accounting systems associated with the application of Oracle Financials to the general ledger
- Fixed Asset - Check when preparation and Registration in the fixed assets Module of financial documents in terms of the origin and ownership of the stability circle and attention to classification by categories of fixed assets and by accounting policies and procedures adopted
- Inventory – Monthly and Quarterly Stock count of all the channels (Warehouse, van & Retail Outlets)
- P & L -Submitting Profit and loss account reports to the management and Channels every month
- Other ad hoc duties as assigned by management.
Receivable Accountant
Axiom Telecom
Dubai
03.2011 - 08.2011
- Accounts receivable- Collection and clearing Aging of Receivable van sales and more than 50 Retail outlets
- Aging- Submitting Accounts and Receivable Aging reports daily and reporting the feedback and action plan for overdue invoices to the concerned manager
- Credit Control- To ensure company credit limit and credit period is maintained and controlled
- Inventory – Ensure all invoices are interfaced to ERP (Oracle) from POS of Van sales and Retail
- Intercompany – Passing of intercompany transactions and reconciliation
- Inventory – Monthly and Quarterly Stock count of all the channels (Warehouse, van & Retail Outlets)
- Preparing of mover order for the stock transfer to the van sales channels
- Stock keeper- The responsibility of handling the stores without the logistics coordinator
- (Allocation of stock to the salesmen and posting of GRN/invoices)
- Achievements:
- Was awarded best employee of the month on two occasions in 2011 and 2012
- Kaizen- more than 50 kaizen submitted for the last year for continuous improvement in the organization’s functioning
- 100 % Point of control score for the years 2012 & 2013
General Accountant
Hanover International Trading LLC
07.2009 - 02.2011
- Posting the daily accounting transactions in the accounting software VISACC
- (ERP)
- Reconciliations of the bank, creditors, debtors, etc
- Reviewed and processed all accounts payable invoices for correct cost and quantities, ensuring prompt and accurate payments to suppliers and creditors and posting daily accounts payable transactions
- Trade Finance (Letter of Credit, Trust Receipt, Factoring, Invoice Discounting & Cheques Discounting)
- Import Purchasing & Costing
- Insurance (Marine, Fire, Property)
- Providing cash flow details to Chief Accountant
- Providing monthly Aging analysis for debtors and creditors.
Education
M.B.A - Finance, Management, Economics
Pune University
01.2007 - 01.2009
Bachelor of Commerce - undefined
MG University
01.2003 - 01.2007
Skills
SAP FICO, MM, SD, Oracle financials ERP, Proficient in MS Office, covering Excel, Word, Power BIundefined
Timeline
Finance Manager
Sharaf DG LLC
08.2020 - Current
Assistant Finance Manager
Sharaf Electronics
09.2015 - 07.2020
Credit Controller
Jumbo Electronics
02.2015 - 08.2015
Senior Accountant
Sharaf Electronics
07.2013 - 01.2015
Country Accountant
Axiom Telecom
09.2011 - 06.2013
Receivable Accountant
Axiom Telecom
03.2011 - 08.2011
General Accountant
Hanover International Trading LLC
07.2009 - 02.2011
M.B.A - Finance, Management, Economics
Pune University
01.2007 - 01.2009
Bachelor of Commerce - undefined
MG University
01.2003 - 01.2007
Business Finance Controller
SDG Energy
Similar Profiles
Chelsea EasonChelsea Eason
Senior Policy Analyst at The Select Group (SDG&E)Senior Policy Analyst at The Select Group (SDG&E)
Nalin KhareNalin Khare
Product Manager Intern at International Institute of SDG and Public PolicyProduct Manager Intern at International Institute of SDG and Public Policy
Rasema AdulovicRasema Adulovic
Primary Care Paramedic at Cornwall SDG Paramedic ServicePrimary Care Paramedic at Cornwall SDG Paramedic Service