Ammar Azhar Mian, CFO

Ammar Azhar Mian

CFO

KFC

Location
United Arab Emirates - Dubai
Education
Master's degree, Associate Member of Institute of Chartered Accountants of England & Whales.
Experience
12 years, 7 Months

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Work Experience

Total years of experience :12 years, 7 Months

CFO at KFC
  • Pakistan
  • My current job since November 2019

Significant Accomplishments:

•Salvaged PKR 500, 000 by introducing robotic process automation which also reduced man-hours of treasury function
•Improved margins and reduced cash pick up expenses by PKR 2.5 Mil/month by negotiating with bankers
•Implemented Rider Tracking application to keep track on rider moments, resulted in delivery of 15 order per day from 12 order per day and efficiency of approx. PKR 3 Mil.
•Established the whole set-up of display kitchen which successfully reduced delivery time by 10% and in store waiting time by 25%
•Played a key role in making the Company compliant with Section 208 of Companies Ordinance, after 4 years of non-compliance
•Recognized by the management for implementing Microsoft 365 in KFC Pakistan. Additionally led the implementation of Microsoft retail across KFC Pakistan
•This was the first implementation of Microsoft retail solution globally in an F&B concept which was covered by Microsoft through a case study.
•Displayed strong commercial acumen, enhanced business growth through alliance with Food Panda for some outlets, and improved delivery transactions by 25% at a lower delivery cost.

Director at ATH Chartered A/Cs & Business Consultants
  • United Arab Emirates
  • October 2018 to November 2019

Significant Accomplishments:

•Curbed various issues of start-ups and entities looking to institutionalize on corporate governance structures, internal control system, accounting and finance functions
•Steered overall operations related to transfer pricing and economic substance requirements; directed team members in enforcing Dubai Financial Services Authority rules and statutory reporting standards
•Implemented complex business processes and operational improvements while facilitating high-value solutions to clients on regulatory license and activities for conducting business

Interim CFO at The Abraaj Group
  • United Arab Emirates - Dubai
  • August 2011 to July 2018

Growth Path:

Finance Manager - Aug 2011 to Jun 2013

AVP-Finance -Jul 2013 to Jun 2015

Associate Director- Finance -Jul 2016 to Jun 2017

Senior Manager-Finance - Jul 2017 to Feb 2018

Interim CFO - Mar 2018 to Jul 2018

Significant Accomplishments:

• Led implementation of Oracle across 33 countries and multiple currencies across organization and ensured data integrity during data migration.
• Successfully established and rolled out Travel Process which saved annual costs by USD 1 Million
• Automated the monthly management reports and minimized management reporting timelines from 15 days to 5 days
• Streamlined the complete corporate and tax structure, financial and administrative operations and internal control process at new offices in Middle East, Asia, and UK
• Instrumental in implementing budgetary checks in Oracle system across multiple jurisdictions and currencies leading to enhanced transparency in financial transactions

Past Experience -

Oct 2010 to Aug 2011: Etisalat, UAE as Specialist - Fraud & Forensic Investigations

Oct 2005 to Oct 2010: KPMG-Lower Gulf, UAE as Senior Associate II - Financial Services

Education

Master's degree, Associate Member of Institute of Chartered Accountants of England & Whales.
  • at ICAEW is the governing body
  • September 2020

Member of Institute of Chartered Accountants of England and Wales (ICAEW) ACA designation

Bachelor's degree, Applied Accounting
  • at Oxford Brooks University
  • September 2006

Bachelor of Science (Applied Accounting), Oxford Brookes University – Oxford, United Kingdom

Master's degree, Fellow Member of Association of Chartered Certified Accountants (FCCA)
  • at ACCA is the governing body
  • September 2006

Fellow Member of Association of Certified Chartered Accountants - FCCA designation

Specialties & Skills

Investor Relations
Risk Management
Budgeting
Financial Planning
Financial Management
High Stake Negotiations & Deal Structuring
Risk & Compliance Management
Strategic Financial Management
Fund Raising
ERP Implementation
Financial Planning & Analysis
Policy Implementation
Company secretarial Management
Budgeting, Cost Analysis & Pricing
Joint Ventures, Mergers & Acquisition

Languages

English
Expert
Urdu
Expert
Hindi
Expert
Arabic
Intermediate

Hobbies

  • Travelling