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MUHAMMAD IQBAL

Candidate ID: 1479152

Career Summary

Highly talented and results-driven Financial Professional, hands-on 14 years of finance and accounts experience in retail, service, hospitality, financial, trading and manufacturing industries. Solid skills in financial forecasting & budgeting, cost control, financial reporting, cash flow, business

Skill Set

• Management accounting • Strong IFRS knowledge • Financial management • Financial forecasting and budgeting • Business process improvement • Value Added Tax (VAT) • Financial reporting • Financial planning • CSF and KPI analysis • Internal control • Cash management • Strategic analysis a

Professional Information

Total Experience : 13

Nationality : Pakistan

Qualification Level : Post Graduate

Job Function : Accounts / Tax / CS / Audit / Finance

Work Location Preference : Qatar, UAE

Detailed Profile

Muhammad Iqbal
Experienced Finance Professional and Certified Financial Modeling & Valuation Analyst
Dubai
muhammad_iqbal@hotmail.com
+971-52-1222266
Highly talented and results-driven Financial Professional, hands-on 14 years of finance and accounts
experience in retail, service, hospitality, financial, trading and manufacturing industries. Solid skills in
financial forecasting & budgeting, cost control, financial reporting, cash flow, business analysis, IFRS,
VAT and audit preparation. Implementing and executing successful strategies leading to achieve the
organizational goals and improved work ethics, culture and performance.
Willing to relocate: Anywhere
Work Experience
Finance Manager
Antonio Trading - Dubai
December 2018 to August 2019
Antonio Trading is a premium brand for luxury sandals and leather goods in the GCC region. The role
was to restructure and develop financial and audit systems, policies, procedures and internal controls
and provided training to the staff. Trained and coordinated 16 personnel.
Achievements:
• Effectively modified and implemented the accounting software, " Retail Insight".
• Trained staff for bookkeeping, VAT, forecast, budgeting and financial reporting.
• Developed the monthly and quarterly MIS system and trained the staff to follow on.
• SWOT analysis to establish areas of potential improvement to increase revenue.
• Created and documented internal controls, policies and procedures with manuals.
• Suggestions for improvement in areas such as e-commerce business and SCM.
• Financial model for dashboard reporting developed.
Finance Manager
Tasheel - Estemarat Services - Dubai
September 2014 to July 2018
Tas-heel is an agent between the UAE Government and the public. Estemarat Group has diverse
subsidiaries, including Tas-heel centres and other businesses. Reported to General Manager and Board
of Directors. Supervised effectively a finance team of 6 personnel.
Key Responsibilities:
• Handled accounting, monitoring, reporting systems and financial plans.
• Headed the management and integrity of the monthly /quarterly closing process.
• Full end to end responsible for the Annual Budget process as well as interim forecasts.
• Produced analysis of reports that support the Senior Management in operations.
• Monitored and interpreted cash flows and predicted future trends.
• Prepared operational and risk reports for management's analysis.
• Developed and maintain ongoing dashboards that monitor business performance.
• Involved in ongoing cost efficiency in all departments of the company.
Achievements:
• Used Balance Scorecard for the leading edge of performance measurement.
• Advised establishing a Cost Control Committee that reduced costs by 8% annually.
• Migrated to ZOHO ERP software and registered as a VAT Tax Group with FTA.
• Analysed market trends /competitors that resulted in an increased market share.
• Proposed to improve firm operational efficiency that boosted the revenue by 5%.
Finance Manager
Aafaq - Islamic Finance Co. - Dubai
December 2011 to August 2014
A listed company provides Islamic financial products and services. The company's strategic partners
include Visa, MasterCard, Banks and Tas-heel BUs in UAE. Reported to the Head of Finance (Group).
Supervised a team of 6 personnel.
Key Responsibilities:
• Prepared and published timely consolidated financial statements including analysis.
• Designed and involved effective budget models for all BUs as per requirements.
• Monthly comprehensive financial and non-financial KPI's analysis and report.
• Managed the reporting plans to ensure reports are produced accurately and timely.
• Ensured compliance with Group policies and procedures across the branches.
• Overseeing statutory audits and act as the main point of contact with auditors.
• Presented BUs performance in Finance Committee monthly meeting.
• Examined and strengthen existing systems, workflows, policies and procedures.
Achievements:
• Converted the non-profit BUs in profit generating entities by effective planning.
• Cut outsourced costs by eliminating outsourcing of payroll process.
• Developed a BUs performance measurement system that generated competition.
• Negotiated with suppliers and customers to improve the cash flow cycle of the BUs.
Assistant Finance Manager
DyStar Pakistan (Private) Limited - Karachi
February 2007 to September 2011
DyStar Pakistan is a subsidiary of DyStar Textilfarben GmbH. DyStar Group is a leading dyestuff,
chemical manufacturer and solution provider all over the world. Reported to Finance Manager.
Supervised a team of 3 personnel.
Key Responsibilities:
• Assisted Finance Manager to manage and control the financial activities.
• Managed entire receivable and payable processes (foreign and local).
• Participated in annual forecasting and budgeting with all departments.
• Worked closely with Taxation Consultant for all kinds of taxation affairs.
• Lead the monthly account reconciliation and closing process for the Finance Manager.
• Audit financial transactions to ensure quality control as per Group Guidelines.
• Developed external relationships with appropriate stakeholders.
Achievements:
• Controlled the SGA costs below than the budgeted for (3) three consecutive years.
• Achieved cash flow forecast accuracy up to 95% by managing cash flows.
• Submitted CAPEX, SGA expenses and other reports within due dates.
• Successfully claimed overpaid VAT and Taxes in coordination with Tax Consultant.
Senior Accountant
Gul Ahmed - Karachi
September 2005 to January 2007
Verifying, allocating, posting and reconciling accounts payables and receivables.
· Performs month-end journal entries and reconciliations to ensure consistency and accuracy.
· Reconcile balance sheet accounts to support the month-end and year-end close process.
· Prepare financial reports for taxes, regulatory agencies, and stockholders
· Coordinate with the team and follow the departmental procedures.
· Participate in financial standards setting and in the forecast process.
· Assist with tax returns and tax audits.
Education
Diploma in Advance Diploma in Accounting and Business
Association of Chartered Certified Accountants - Glasgow
Master's in Master's in Business Administration - MBA Finance
University of Karachi - Karachi
Bachelor of Commerce in Commerce
University of Karachi. - Karachi
Diploma in Financial Modelling & Valuation Analyst (FMVA)®
Corporate Finance Institute (CFI®) - Vancouver, BC
Diploma in The ACCA Diploma in International Financial Reporting (DipIFR)
Association of Chartered Certified Accountants - Glasgow
Skills
Accounting, Budgeting, Forcasting, Audit, Cash Flow, Analytical Skills, Detail Orientation, Mathematical
Skills, Planning and Organizing Skills, Problem Solving and Decision Making Skills, Negotiation
Skills, Interpersonal and Communication Skills, Financial Management, Financial MIS reporting,
Dashboard Reporting, GCC VAT, Budgeting and Forecast, Cash flow management, IFRS framework,
Cost accounting, Financial advice & planning, Business financial analysis, Process improvement,
Performance measurement, Strategic planning, Report writing, SAP, Oracle, Zoho, QuickBooks, Tally,
Microsoft Office, Advanced MS Excel, Peachtree, Credit Risk Analysis, Compliance and Audit, Evaluating
and Solving Challenges, Generally Accepted Accounting Principles (GAAP), Relationship Management, CapEx, Variance Analysis, Cost Control, Cost Performance Analysis, Financial Statements, Bank Reconciliation, Presentation Skills, Financial Planning and Analysis, Financial Modeling skills, Team Management, Managerial skills
Time management, e-mail etiquette, ACCA, CA, Team player, Key Performance Indicators - KPI, Tax
Accountant, Numeracy skills, Project Management, Risk Management, Ad Hoc Reports, VAT Filling
& Returns, AP, AR, Accounts Receivable, Accounts Payable, GL, Balance Sheet, P/L, Trial Balance,
Financial Statement, Cash Flow Statement, Financial Management, Financial Analysis, Managerial
Accounting, Financial Accounting, Financial Reporting, Cash Flow Management, Budget and Forecast,
Financial Planning, Internal Controls, Strategic Planning, Business Modelling, Supervision and Control,
Financial Modelling, Dashboard Reporting, Sensitivity Analysis, Corporate Strategy, Real Estate
Certifications and Licenses
ACCA Advanced Diploma in Accounting and Business
Present
Diploma holder from Association of Chartered Certified Accountants - United Kingdom
The ACCA Diploma in International Financial Reporting (DipIFR)
Present
Financial Reporting Diploma holder from Association of Chartered Certified Accountants - United
Kingdom
Certified Financial Modelling & Valuation Analyst (FMVA)®
Present
Certified Financial Analyst from Corporate Finance Institute (CFI®) - Canada
Business Valuation
Present
Budgeting and Forecasting
Present
FP&A Monthly Cash Flow Forecast
Present
Dashboards & Data Visualization
Present
Real Estate Financial
Present
Mergers & Acquisitions (M&A)
Present
Corporate & Business Strategy
Present
Driving License - UAE
June 2012 to June 2022
Additional Information
Languages: English, Arabic, Urdu, Hindi
Visa Status: Visit Visa till 03 Feb 2020
Availability: Immediate