ARIF AHMED, Controller Finance

ARIF AHMED

Controller Finance

United Safety International

Location
United Arab Emirates - Dubai
Education
Master's degree, Finance
Experience
24 years, 5 Months

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Work Experience

Total years of experience :24 years, 5 Months

Controller Finance at United Safety International
  • United Arab Emirates - Dubai
  • My current job since July 2011

- Responsible for controlling companies operating in Africa region, previously responsible for ME.
- Planning, Budgeting, Cost Controlling & Management Reporting.
- Responsible for monthly closing, variance analysis, management reporting, receivable & payable management.
- Played a vital role in establishing companies and setting up business in new countries of ME and Africa.
- Instrumental in implementing finance policies by training staff, and controlling costs specially in startup countries.
- Responsible for cash flow management and P&L.

Accounts Manager/Controller at Rawabi Holding
  • Saudi Arabia - Khobar
  • March 2010 to June 2011

- Responsible for overall finance functions of a large business unit engaged in Oil & Gas services.
- Responsible for Financial Planning, Budgeting, Management Reporting.
- Timely monthly reporting, monthly closing, payroll processing, managing a team of accountants and reporting to Group CFO.
- Responsible for complete books of accounts, Management reporting, planning and budgeting, overseeing procurement.
- Instrumental in successful Migration from legacy system to Oracle 13i.
- Instrumental in implementing finance policies and purchase policies.
- Implemented effective cost control measures, successfully got positive results and management appraisal.
- Responsible for Group reporting, statutory Audit, compliance to group policies, SOCPA and DZIT.

Project Finance Manager at Nortel Networks (Asia) Limited
  • Pakistan
  • February 2008 to January 2010

- Managing overall Finance and Control functions in Pakistan and providing functional support to respective departments back in Singapore and Hong Kong, acted as an adviser to the PD/COL, Pakistan on Finance related matters.
- Plans, forecasts, and analyzes financial data to project financial resources requirements. Owner of all project financials including C-form, D-form.
- Maintain project cost tracking and provide end to end support to Finance, Control and Revenue teams in updating cost & revenue recognition.
- Advises project management on cost overruns, process improvement, compliance etc.
- Liaise with different Finance & Control functions e.g A/C payable, Control-revenue team, Treasury, IA etc in managing their operations successfully in Pakistan, including SOX compliance of all financial procedures in practice in Pakistan.

Accounts Manager at Faysal Asset Management Limited
  • Pakistan
  • February 2006 to February 2008

- Drafted Risk Manual with special reference to Market & operational risk guidelines.
- Monitoring Compliance with the NBFC Rules, 2003 on day-to-day trading with respect to stock broker limits & scrip limits, etc.
- Responsible for Preparation and publication of daily fund accounts including computation of Net Asset Value (NAV) of all the funds managed by us.
- Responsible for financial and Management reporting relating to funds and Management Company.
- Assisted/ Prepared financial statements (quarterly, half yearly and annually) for publication in line with directives of SECP, SBP, IAS, Code of Corporate Governance, and other applicable laws.
- Responsible for monthly/weekly reporting of information required by SECP and SBP.

Financial Analyst at Zircon International
  • United Kingdom
  • September 2003 to August 2004

- Controlled and analyzed key financial data and developed reporting processes to ensure corporate requirements are met.
- Quarterly analysis of the company results and Key Performance Indicators (KPI) calculations including, gearing, risk analysis and cost improvement.
- Assisted in planning and forecasting, and in the ongoing business planning process.
- Accountable for preparing competitor summaries & reports.
- Preparation of Foreign exchange analysis.

Audit Supervisor at KMRSRIR Chartered Accountants
  • Pakistan
  • June 1998 to July 2003

- Finalized audit planning and conducted statutory audit of companies ranging from consumer goods to Manufacturing concerns, ensuring compliance with statutory requirements and corporate governance.
- Monitored the accuracy and correctness of accounting and relevant business data to ensure authenticity and validity of the financial statements.
- Assigned for the planning, development and implementation of accounting and internal control systems in specialized areas of clients business.

Education

Master's degree, Finance
  • at Manchester Metropolitan University Business School
  • September 2005

MBA-Finance

Diploma, Accounting
  • at ACCA
  • June 2004

ACCA Part Qualified

Diploma, Accounting
  • at Institute of Chartered Accountants of Pakistan (ICAP)
  • March 1998

CA Foundation from ICAP

Specialties & Skills

Governance
Cost Tracking
Preparation
Time Management
Self Learning
Finance,Accounting, Audit

Languages

English
Expert
Urdu
Expert

Memberships

Association of MBA's
  • Associate Member
  • December 2004
Chartered Institute of Management
  • Associate Member
  • December 2004