
Sadakath R. Nizar
Assistant Financial Controller

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About me
Retired and back in Sri Lanka - Not working any more
Education

Institute of Administrative Accountnats - UK
-
Isipathana College
1959 - 1975Instititute Of Administrative Accountants - UK FinanceActivities 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 1991Assistant Financial Controller
Crowne Plaza Hotel - Kuwait
Oct 1991 - Jul 2011Area 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 2014Area Chief Accountant - Government Hotels Riyadh, Taif & AbhaResponsible 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 2016Finance ManagerResponsible 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 - nowRetired and back in Sri Lanka
Licenses & Certifications

Institute of Administrative Accountants - UK
Volunteer Experience
Green Engage
Issued by Hotel on Jan 2009
Associated with Sadakath R. Nizar
Languages
- taTamil & sinhala
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