Sadakath R. Nizar

Sadakath R. Nizar

Assistant Financial Controller

Followers of Sadakath R. Nizar289 followers
location of Sadakath R. NizarSaudi Arabia

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  • Timeline

  • About me

    Retired and back in Sri Lanka - Not working any more

  • Education

    • Institute of Administrative Accountnats - UK

      -
    • Isipathana College

      1959 - 1975
      Instititute Of Administrative Accountants - UK Finance

      Activities and Societies: Certificate of Specialization in Accounting & Financial Management of “The Educational Institute of the American Hotel & Motel Association” – June 1989. Sports - Hockey, Cricket, Rugby & Swimming

  • Experience

    • Holiday Inn Bahrain

      Dec 1986 - Sept 1991
      Assistant Financial Controller
    • Crowne Plaza Hotel - Kuwait

      Oct 1991 - Jul 2011
      Area Dir. Finance & Business Support Manager - IHG Northern Gulf

       Responsible for overseeing the Area Hotels Finance related functions, reviewing and preparing consolidated area reports and maintaining Owning Company relationship in addition to involvement in the Planning, Direction & Management of the entire Operation and Administration of the Hotel Finance Department which include Management Reporting, General Ledger, Information Systems, Income Audit, Accounts Receivables, Accounts Payable, Payroll, General Cashier, F&B Controls, Purchasing, Stores & Receiving. Ensuring that effective training for finance staff are carried out and maintain a highly motivated and productive team of 22 staff overall. Key member of the hotel executive committee. Involved in area GM’s & regional finance meetings and activities. Formulating & implementing both Finance & Operational Policy Procedures and ensure that day-to-day operational standards & controls are effective and in place.  Designing systems and procedures with a view to increasing the profitability of all operating departments as per the IHG Standards.  Credit Management – Continuously monitoring hotel “Credit Policy” updating to achieve effective results whereby improve cash flow status of the hotel. To ensure the accuracy, consistency and timeliness of all financial reporting to Inter Continental Hotels Group area/corporate office. Preparation of annual Budgets (Operation & Capex) & Strategic Planning.  Conducting EssBase training for both Area GMs & Finance communities. Carrying out assessments on completed CSA (Control Self Assessments) in sister hotels the region. Coordinating all finance related matter with the Owning Company and providing feasibility studies, projections and analyses as and when required. Handling Special Projects payments and maintaining records on behalf of Owning Company. Show less

    • Intercontinental Riyadh, Taif & Abha

      Feb 2012 - Sept 2014
      Area Chief Accountant - Government Hotels Riyadh, Taif & Abha

      Responsible for the overall finance functions in the Government Hotels, Improvement of processes and development of finance personnel in the hotels and based in Riyadh.

    • Ministry of Interior - Security Forces Officers Club

      Nov 2014 - Dec 2016
      Finance Manager

      Responsible for the Finance & Administration of the Restaurants and Catering division of the Security Forces Officers Club based in Riyadh

    • Not working any more

      Jan 2017 - now
      Retired and back in Sri Lanka
  • Licenses & Certifications

    • Institute of Administrative Accountants - UK

  • Volunteer Experience

    • Green Engage

      Issued by Hotel on Jan 2009
      HotelAssociated with Sadakath R. Nizar