النخلة | عائلة الأغا

Bassam Al Agha

P.O. Box 25074, Dubai, UAE

Mobile: +971 (050) 6280230

E-mail: aghabassam@hotmail.com

E-mail: aghabassam@yahoo.com

FELLOW MEMBER OF CERTIFIED PUBLIC ACCOUNTANT (CPA) - UK

MEMBER OF ACCOUNTANTS & AUDITORS ASSOCIATION - UAE

BACHELORE OF COMMERCE ( ACCOUNTING ) - EGYPT

Academic Qualifications

Bachelor of Commerce - Accounting - Egypt 1987

Certified Public Accountant (CPA) - UK ( Score Plus Institute - Dubai )

Course in Banking - London Business Institute – Egypt

Audit Training - Accountants & Auditors Association- UAE

Internal Control - Accountants & Auditors Association- UAE

echnical analysis of stock market - Accountants & Auditors Association- UAE

Career Highlights

Expert in Bank documentation like L/Cs, L/Gs, import loans, long term loans, overdraft facilities and related matters
Supreme negotiating and persuading ability
Teamwork oriented, with great ability to lead, train and motivates
Updated on U.A.E. Labour Law and related administration matters
Implemented the techniques of internal control system evaluation, which resulted in tangible improvement in accounting cycles.
Determinant results oriented and willing to assume increasing responsibility
Studying the market progress in the real estate and preparing advisory report
Preparing budget and cash flow

Work Experience

<![if !supportLists]> §  <![endif]>Financial Controller Kaloti Group, Dubai 1991 - to date

<![if !supportLists]> §  <![endif]>Chief Accountant Haramain Printing & Publishing, Ajman 1988 – 1991

Local Commercial Experience

Financial Controller Kaloti Group 1991 – current

Kaloti Real Estate:

Is a leading prestigious real estate developer, management, investment and the owner of many buildings ,towers ,furnished hotel apartments and villas in Dubai , Sharjah and Ras al Khaima . Main responsibilities and duties are:

Prepare the building final reports to the landlord
Review the monthly reports received from the building managers which states the information related to rent; maintenance; security, car parking, nurseries and health clubs
Reviewing the sales & purchase agreement / tenancy contract
Drafting the maintenance contracts and follow up the works carried by the maintenance companies
Follow up the new projects with the consultants regarding the tenders submitted by the main contractors and decide the same with the subcontractors for each project
Control the advance payment guarantee and performance bond guarantees issued by the main and sub-contractors
Review the payment certificates issued by the consultant for the work completed by the main contractor.

As a part of my duties and responsibilities, I am in-charge to follow up the accounting and financial activities of the following companies since they are owned by Mr. Kaloti and they are considered as sister companies

A. Kaloti Jewellery LLC – Dubai

B. Kaloti Jewellers Factory – Sharjah

Follow up the International Gold Rates in order to take decision in the selling and purchasing operations
Control the customers accounts for gold against dirhams and prepare the margin for such fluctuation as per the latest gold rates
Control the monthly stock taking of gold inventory
Prepare the final accounts and balance sheet for both gold accounts and dirhams accounts
Control manufacturing of gold in factory relation to direct costs and operational expenses
Follow up with factory manager all procedures applied in relation to the receipt and delivery of gold transactions

C. Kaloti & Hareb Trading Co. – Dubai

This company is dealing in Export & Re-Export of foodstuff, especially fresh & frozen meat

Preparation of balance sheet, profit & loss accounts and all related financial reports
Reviewing tenders for the supply of foodstuff for ministries, hospitals and universities
Follow up and control the transfers to the suppliers

D. International Cold Stores

This company is dealing with Wholesale of foodstuff

Prepare balance sheets, profit & Loss accounts and all related financial reports
Review daily sales report of each product
Follow up and control monthly stock taking

Haramin Printing & Publishing, Ajman
Chief Accountant - 1988 -1991

Preparing Balance sheets, profit & loss accounts and all related financial reports
Follow up job orders with customers
Review the Accounts receivable lists and follow up with collectors
Control the stock taking