NAVEED AHMAD
SENIOR FINANCE PROFESSIONAL
(CPA, MBA, MIPA, AFA, Vat Diploma)
(naveedrana562@gmail.com)
+ 971-55-8916073
CARRER OBJECTIVE
Strategic Advisor/Leader, with over 18 years of multi-cultural experience in driving profitability & growth across financial operations with hands-on experience in financial & accounts operational performance monitoring, annual budgeting, strategic cost management, forecasting, and variance analysis, targeting opportunities for senior finance positions with an organization of repute; preferably in UAE, & other GCC states.
PROFILE SUMMARY
• Capable of developing financial strategies, participating in the divisional and corporate decision-making process, financial reporting, budgetary management, and reporting all capital commitments and expenditures
• Steered finance and accounting matters including corporate financial compliance, governance policies & procedures and general ledger ownership
• Proficiency in reviewing and enhancing all financial procedures and internal controls, automating and integrating financial information systems, directing preparation of financial forecasts with coordinated budget projections
• Successfully reviewed and enhanced all financial procedures and internal controls, automated financial information systems and prepared financial forecasts with coordinated budget projections
• Established consistent and appropriate business practices, propounded innovative means to fund financial needs of the organization, analyzed project expenditures and advising management
• Effective leader with excellent motivational skills to sustain growth momentum while motivating peak individual performances
CORE COMPETENCIES
Finance & Accounts Financial Reporting & Metrics Financial Planning & Analysis
Budgeting & Cost Control System Implementation Auditing & Accounting Management
Team Building & Leadership Liaison & Coordination Risk Management & Compliance
WORK EXPERIENCE
Finance Manager with Al Fahim Avenue Group (Dubai), October 2014 – To May 2023
Growth Path:
Sr. Accountant
Finance Manager
Key Result Areas:
• Instituting the financial & accounting policies & systems; establishing product line profit & loss statements to identify opportunities & risks; reported the business plan to the Senior Management Team for corporate policy development
• Steering overall financial operations encompassing accounting, budgeting, reporting, consolidation of financial statements and so on
• Supervising all financial transactions, reporting and policies including budget & forecasting reports; conducted variance analysis to determine & implement corrective actions
• Generating MIS reports to provide feedback to the management on financial performance, fund management, cost control, credit control, profitability and so on
• Formulating annual operating budget and consult with departmental management on the fiscal aspects of program planning, salary recommendations, and other administrative actions
• Establishing internal control disciplines throughout the region towards maintaining integrity and accuracy of financial reports
• Devising audit plan for the year and ensured that the audits (Statutory & Internal) were completed within timelines
• Preparing audit reports to highlight the shortcomings & providing necessary recommendations
• Monitoring Direct & Indirect tax matters as well as compliance-related activities which involved the review of annual tax filing and projections, evaluating the tax effect & implications of business strategies & proposals, and providing data for company’s accounting
• Conducting effective operational analysis and strategic recommendation for the company’s management team; organizing meetings for setting up objectives and designing or streamlining processes to ensure smooth functioning of operations
• Collaborating with treasury, bankers for fund raising
Significant Achievements:
• Prepared long-term business plans for prospective investors and banking purposes, resulting in a successful investment of $5(M).
• Prepared and managed financial statements, consolidated group financials, and budgets, resulting in accurate financial reporting and a 25% reduction in audit costs.
• Implemented a monthly MIS reporting system, which increased the finance & accounts team deliverability by 100%, resulting in timely and accurate financial reporting.
• Successfully Restructured Accounts & Finance department in that increased work efficiency and improved employee retention by 50%
Puthran Chartered Accountants, (Dubai UAE) March 2011 – October 2014
Senior Auditor
Key Result Areas:
• Prepared individual & consolidated financial statements according to International Accounting Standards (IAS), IFRS and UAE Laws
• Developed audit strategy, planning, program and procedures
• Trained the audit staff to conduct the audit in accordance with International Standards on Auditing (ISAs), audit planning, programme and procedures
• Managed the daily supervision of audit staff
PREVIOUS EXPERIENCE
Accounting Manager with Savoey Hotel – Lahore Pakistan, November 2009- January 2011
Auditor with Zahid Jamil & Co. Chartered Accountants - Lahore Pakistan, February 2005- September 2009
PROJECT
Project Name: ID Devices Supply Division
Customer: Etisalat
Period: 3 Years
Role : Project Manager (Additional Role with Existing Job)
Team size: 12
SOFT SKILLS
• Change Agent
• Collaborator
• Communicator
• Innovator
• Planner & Thinker IT SKILLS
• ERP
• Oracle
• MS Excel
• QuickBooks
EDUCATION & CERTIFICATIONS
• Member – Emirates Accountants Auditors Association - (2023)
• MIPA – Institute of Public Accountants of Australia, (Melbourne) - Membership No. 305827- (2021)
• AFA - from Institute of Financial Accounts, United Kingdom – Membership IPA305827- (2021)
• UAE Vat Compliance Diploma – ATT UK – (Organized by PWC & Federal Tax Authority)- (2018)
• CPA - Certified Public Accountant – from Institute of Certified Public Accountants of Pakistan) Membership No. M – 1195 - (2014)
• MBA - Master in Business Administration: from Preston Institute of Management Sciences & Technology - Pakistan - (2008)
• Chartered Accountant –(Partly Qualified) – Institute of Chartered Accountants of Pakistan 2007
• Bachelors in commerce - B. Com from Punjab University Pakistan,
PERSONAL DETAILS
Date of Birth: 15.11/1979
Nationality: Pakistani
Driving License: Dubai
Location: Dubai