|MBA| ACCA Advanced Diploma | Diploma in IFRS|
|Certified Financial Analyst FMVA®|
|Advisory | Retail |Hospitality |Services |Manufacturing |Construction|
Profile Summary
Performance-driven finance and accounting professional, having 14 years of proven track record in diversified industries. Recognized for sound decision making by the involvement of data analysis, strategic direction and business insights. Key contribution areas include FP&A, business analytics, financial reporting, staff leadership, business process improvement, cash flow and cost containment. Articulate communication skills with ability to work under pressure.
Professional Experience e
Finance Manager
Antonio Group / Dubai 12/2018- 03/2020
Antonio Group is a premium brand for luxury sandals and leather goods in the GCC region, also running a small real estate and restaurant business. The role was to manage the overall finance and accounts. Trained and coordinated 16 personnel.
Key Achievements:
• Managed overall accounting and financial operations.
• Effectively tailored and implemented the accounting software, " Retail Insight".
• Trained sta? for bookkeeping, VAT, financial reporting and other accounting matters.
• Designed and applied effective budgeting & forecasting policies and procedures.
• Structured the monthly and quarterly MIS system and to follow on.
• Performed SWOT to highlight the areas of possible advantages for strategic planning.
• Established a documented system of accounting policies and financial procedures.
• Proposed for e-commerce, new branch and supply chain that increases 20% revenue.
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Finance Manager
Tasheel - Estemarat Group / Dubai 09/2014 – 08/2018
Tas-heel is an agent between the UAE Government and the public. Estemarat Group is having diverse subsidiaries, including Tas-heel canters and other businesses. Reported to General Manager and Board of Directors. Supervised e?ectively a finance team of 6 personnel.
Key Responsibilities:
• Managed and participated in all financial functions including FP & A, accounting, payroll, investments, expenses, supervision and implementation of the strategic plan.
• Prepared business summary, financial and management reports for leadership review.
• Evaluated cash flow projection and maximizes future cash flow performance.
• Oversaw and directed the annual budgets & forecasts and establish the procedures.
• Analysed potential business risks in order to minimize losses and unnecessary costs.
• Created and executed financial processes & internal controls for the entire group.
• Ensured compliance with regulatory requirements for financial activities and reporting.
• Supervised and managed the external audits and liaison with auditors.
Key Achievements:
• Proposed for creation of Corporate PRO dept. increases operational revenue by 11%.
• Generated an additional 5% in other income by the joint venture with SME businesses.
• Advised to set up a Cost Control Committee that reduced costs by 8% annually.
• Led and completed the project to convert the Group ERP from QuickBooks to Zoho.
• Evaluated competitor data & statistics to develop business strategy that drives growth.
• Created several automating processes, cutting work, boosting operating efficiency 6%.
Finance Manager
Aafaq - Islamic Finance Co. / Dubai 12/2011 – 08/2014
A listed MNC 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). Administered a team of 6 personnel.
Key Responsibilities:
• Prepared and analysed timely consolidated financial reports for Finance Committee.
• Delivered reports and researched for any technical accounting issues for compliance.
• Regulated budgets by consolidating and aligning cross-functional inputs from BUs.
• Provided strategic planning, review and control of functional budgets with BUs team.
• Periodic comprehensive financial (KPI’s) and non-financial analysis and report.
• Oversaw statutory audits and act as the main point of contact with auditors.
• Advanced models to analyse the strategic growth plan and other analyses as needed.
• Constructed and applied control processes for finance & non-finance business processes.
Key Achievements:
• Established and executed Performance Management System that improves competence.
• Converted the non-profit BUs in profit generating entities by e?ective planning.
• Reduced outsourced costs by eliminating outsourcing of payroll process.
• Produced a BUs performance measurement system that generated competition.
• Negotiated with suppliers & customers to improve the working capital cycle by 6 days.
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Assistant Finance Manager
DyStar Pakistan (Private) Limited / Karachi 02/2007 – 09/2011
DyStar Pakistan an MNC subsidiary of DyStar Textilfarben GmbH. DyStar Group is a leading dyestu?, chemical manufacturer and solution provider all over the world. Reported to Finance Manager. Supervised a team of 3 personnel.
Key Responsibilities:
• Assisted the Finance Manager to manage and control the financial activities of the firm.
• Managed entire receivable and payable processes (foreign and local).
• Participated in annual forecasting and budgeting with all departments.
• Confirmed that sufficient funds are available for operational and CAPEX requirements.
• Worked closely with Taxation Consultant for all kinds of taxation a?airs.
• Conducted the monthly account reconciliation and closing process for the Manager.
• Reviewed financial transactions to ensure quality control as per Group Guidelines.
• Maintained external relationships with stakeholders i.e. banks, related parties etc.
Key Achievements:
• Controlled the SGA costs lower than the budgeted for (3) three consecutive years.
• Achieved cash flow forecast accuracy up to 95% by controlling cash flows.
• Programmed KPIs to enhance the productivity of the sales team by 20%.
• Submitted CAPEX, SGA expenses and other reports within due dates.
• Successfully claimed overpaid VAT and Taxes in coordination with Tax Consultant.
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Senior Accountant
Wahab Construction Limited / Karachi 09/2005 – 01/2007
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Academic and Professional Qualifications
• Financial Modelling & Valuation Analyst (FMVA)® Corporate Finance Institute (CFI®)
• The ACCA Diploma in International Financial Reporting (DipIFR) (ACCA)-UK
• Advanced Diploma in Accounting and Business (ACCA)-UK
• Master of Business Administration - (MBA-Finance) University of Karachi.
• Bachelor of Commerce - B. Com University of Karachi.