SYED HABEEB

Accomplished Treasury professional targeting challenging assignments in finance department with a reputed organization in UAE

Resourceful treasury professional with over 10 years designing efficient quality control procedures and maintaining sound internal controls. Excellent eye for detail useful in audit preparation and reporting in treasury and cash management. Presently associated with Damac Group, Dubai as Senior Accountant in corporate treasury operations. Recognized as employee of the quarter in 2019 for streamlining and automation of cash & Banking processes and bank reconciliations in SAP ERP for Al Hamra Group. Proficient in planning and executing weekly/ monthly/ quarterly / annual cash planning schedules; providing daily/weekly and monthly cash positions to the head of treasury and make arrangement of earning interest on surplus cash. Capable of performing end to end treasury operations, open, operate, review, monitor and close bank accounts in UAE and globally, bank administration, cash management, KYC compliance, escrow accounts management as per RERA guidelines, inflow, outflow monitoring, cash concentration, facilitating LC, BG, Fixed deposits, bank and inter-company reconciliations and key member for implementation of process automation and customization in ERP. Exhibited leadership in conducting the ERP training & development sessions for new members, resolving conflicts, deviations & disputes with focus on optimizing performance of business operations. Efficient organizer, motivator, team player with the skills to motivate teams to excel and win.

• Damac Group, Dubai, Senior Accountant – Corporate Treasury, 02/2022, Present, Effective monitoring daily, weekly, monthly bank balances, forecasting cash flow, bank accounts opening and closing, cash & bank, and credit card reconciliations with the books on daily basis and dashboard reporting to senior management; Ensure effective utilization of funds and accuracy in the banking management for the extensive profit of the organization., Review, maintain the Corporate and Escrow bank accounts, on time KYC compliance, opening the bank accounts for newly established real estate projects and entities regionally and globally, close the unused and closed project accounts, updation of signatories, establish digital banking and maintain bank accounts master file; Ensure effective monitoring and accuracy in managing the Bank accounts., Support shared service team on day to day banking needs and administering for the setup and automation., Generating timely MIS reports and cash at bank statement & cash budget statements on a daily, weekly & monthly bank reconciliation statements; reconciling receivable & payables with their respective statements, Preparing the audit requirement data format and submit to auditors for auditing; coordinating with them at the time of audit closure; reviewing compliance with Accounting Standards; building a culture of quality for the audit team; ensuring that audit documentation follows quality standards of the firm., Liaising with banks on day-to-day banking requirements and negotiations; coordinating with business clients., Consistently review bank charges, accounting inter group fund transfers, vat invoices reclassification and accounting of wrong or unaccounted bank entries prior to closure of the General Ledger period and ensuring timely closure of month., Streamlining processes in the organization for eliminating any bottlenecks, Implementing systems, procedures, and process automation like Host to host, virtual accounts and digital online banking., Sharing feedback to top management on financial performance, fund management, credit control & profitability, Developing management reports on budget vs achievement targets in terms of cash, Facilitating letter of credit, Bank guarantee and fixed deposits Ensure effective utilization of non-funded facilities and negotiate the best rate to gain income and cost saving., Support head of treasury in developing various reports and take part in process improvements and compliance.
• Al Hamra Real Estate Development LLC, RAK, Senior Accounts Executive - Cash Management, 12/2018, 12/2022, Establish, effective monitoring Bank account balances, funds planning, cash, cheques, PDC collections deposit, cash & bank, and credit card reconciliations with the books on daily basis and dashboard reporting to senior management; Ensure effective utilization of funds and accuracy in the banking management.
• Katerra India Pvt Ltd, India, Accounts Payable Specialist, 07/2016, 12/2018, Key team player managed complete accounts payable and vendor reconciliations ensuring on time accounting of invoices, payment to creditors and liabilities payments.
• Gabriel India Limited, India, Senior Officer - Accounts and Finance, 07/2010, 07/2016, Managed Accounts Payable, Cash and Bank management, Direct taxation in India