Finance Manager
Dubai Investment Group
Total years of experience :19 years, 2 Months
Recent responsibilities and achievements:
Finance Manager of Emirates Glass
Assigned with the task of heading one of the Group’s oldest subsidiary to lead and align it with Group strategy and objectives.
Highlights:
Reorganize and restructure the finance department
Manage the Group’s first ERP implementation project
Drive efficiencies eventually achieving improved results along with the Business Head
Finance Manager of Dubai Investment Industries
Heading the Group’s Finances comprising of entities from the Educations, Healthcare, Manufacturing and Pharmaceutical industries.
Highlights:
Educational (greenfield) project
Pharmaceutical transaction
Responsibilities:
Functional:
Report Group results to the BOD in Board Meetings along with key updates
Report risk issues to the Audit Committee
Budget planning & control (including periodic forecasting)
Reviewing of business plans for green field acquisitions and raising finance
Deal with banks and ensuring sufficient facilities are available for Companies. Negotiating with banks to minimize risk of the shareholders
Assist the Subsidiary's Management in preparing financial projections
Liaise with DI PJSC CFO and Internal Auditors ensuring compliancy and proper and timely Reporting.
Evaluate & propose cost efficiency initiatives as a member of Purchase Committee
Ensure that processes are in place for internal business control
Responsible for completion of external audits
Organizational:
Attend Board & Shareholders meetings of Subsidiaries and provide feedback to the Board discussing important matters.
Ensure compliance with all legal, contractual, audit, regulatory, risk management and procedures
Managerial:
Overseeing Finance Department's operations providing guidance to overall operations of the Subsidiaries
Participating in key decisions as a member of the executive management
Providing training to subsidiaries Finance Managers
Kindly refer CV for further details.
Responsibilities and achievements:
Heading the Group’s Financial and Management reporting across seven regions.
- Reporting results to the board analyzing business performances(financial and non-financial)
- Supporting the CFO and Regional CEOs (along with FP&A dept.) in preparing periodic board decks,
business plans and budgets
- Streamlining, improving and controlling the Group’s ERP system (accounting and reporting)
- Changed and implemented new financial and non-financial reporting system across the Group
- Implemented new accounting policies for efficient and effective practices, procedures and controls
- Lead the implementation of the automated time keeping system for the consulting wing of the group
Key Skills:
- Financial & Management Reporting
- Group Consolidation
- Financial Planning & Analysis
- Budget Planning & Control
- Cash flows
- Executive Analysis & KPI Evaluation
- Board Pack Preparation and Reporting
- Business Analysis
- IFRS Compliant Accounting
- Leading and Executing Automation Projects
- Setup & Evaluation of Processes & Controls
- Designing Accounting Policies & Procedures
- External & Internal Audits
- Microsoft AX Dynamics
- JD Edwards
- Other MS Office Tools including Visio
- Training & Development
Key highlights:
Extensive knowledge and experience in the following areas:
- Group financial consolidations (including international, local and public listed entities)
- Management and financial reporting
- Financial planning and analysis including budget control
- Preparation of standalone and consolidated financial statements (in accordance with the applicable IFRS and local laws and regulations)
- Vast audit experience in the Engineering, Oil and gas, Automotive, Retail, FMCG, Wholesale, Real estate and Manufacturing industry (consumer industrial markets)
- Project planning, budgeting, resource management and execution (up to 30 member in a single project and/or 30-40 entities in a group)
- Experience and knowledge of ERP packages and other financial reporting tools (including JD Edwards and COGNOS)
- Financial and non-financial risk management and critically reviewing and evaluating financial performance and internal controls
Key skills:
- Strong analytic, technical, presentation and research skills
- Thorough knowledge of accounting, finance, costing, cash flow management, banking and internal control systems
- Strong knowledge and experience of IFRS, IAS and US GAAP together with a good understanding of the UAE business environment
- In-depth understating of Microsoft Office tools such as Excel, Word and PowerPoint
- Self-motivated, results oriented and have ability to work well independently and as a team member in high pressure and dead-line driven environment
- Excellent inter-personal skills. Effective team player and trainer. Adept at managing people, particularly when the team and client are from diverse cultural backgrounds
Working as a Finance Manager I was responsible for preparing and reporting of periodic management reports (financial and management reporting), maintaining and controlling books of accounts including consolidation of company wise results
Other core responsibilities include:
- Preparation of Group Reporting pack and other key deliverables
- Budget planning and control (including periodic forecasting)
- Prepare, develop and present annual operational and CAPEX budgets
- Leading several automation projects working with the IT department representing the Finance
- Identifying and analyzing key areas of risk making recommendations to improve business efficiency, processes and controls to bring continuous improvement. Also recommending and implementing efficient and effective practices, procedures and controls
- Work closely with Business Heads guiding providing business support and analysis; controlling and consulting on day to day financial and operations matters
- Preparation and evaluation of KPIs, regularly monitoring these against actual results for business support
- Being the lead and representing EKFC Finance during external audits planning and effectively completing audits (both external and internal) ensuring timely completion of audits with satisfactory results
- Ensuring financial results and accounting is in compliance with IFRS
- Setting up and maintenance of chart of accounts, business units, reporting setup and cost allocations
- Mentoring, training and assisting team in developing skills required for them to progress in their careers including new staff members
At KPMG I was responsible for managing full-scope audits, periodic reviews, consolidations under International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA), and other regulatory requirements including presentations to the audit committee and board of directors
My role also included analytically reviewing financial statements, preparing audit reports and financial statements in accordance with respective accounting standards (IFRS) and deliver reports providing value added recommendations to management for discussions and resolution
I was also involved in mentoring, managing and developing performance of audit staff along with conducting technical trainings/workshops for members in the firm
Other attainments:
- Winner of the ‘Bravo’ Award several times for excellent project and client management skills in KPMG
- Consistently rated as a ‘Strong Performer’ throughout my career
Project specific responsibilities
-Technical knowledge:
Identify and respond to technical issues raised by client & audit team, including partner and client management.
-Internal controls:
Evaluate internal control systems, procedures and investigate any structural weaknesses in the operational cycle.
-Global projects:
Liaise and coordinate with foreign offices/clients for foreign reporting.
-Value addition:
Make recommendations to improve and enhance business and financial reporting processes that are reflective of best practices and risks inherent to the business.
Departmental and firm wide responsibilities
- Project planning & management:
Manage resourcing, prepare budgets, time management, negotiating fees, and manage receivables & other administrative activities.
-Client management:
Maintain and develop client relationship, obtain client feedback on projects to ensure satisfactory service is provided, enhance business relationship, etc.
-Business development:
Prepare proposals, identify potential business opportunities at new existing clients.
-New business opportunities:
Identifying and obtaining new business opportunities.
Names of few sectors/companies I was responsible for the audit as an Assistant Manager:
- Aviation (Airbus ME)
- Automotive (Nissan, Infinity, Renault)
- Retail, Wholesale and Fashion (Carrefour - MEA Region, Adidas)
- Engineering, Oil & Gas (Emerson Group - MEA Region)
- Public listed & investment (Dubai Investments)
- E-commerce & consumer electronics (Sharaf DG, Marka VIP)
- Real estate, contractive & manufacturing
- Other diversified groups (MAF, JAM, Al Tayer, Al Ghurair, AW Rostamani, Pharmatrade)
Worked as an audit associate (trainee)
Chartered Accountant - Accountant & Auditors Association - UAECA
The Association of Chartered Certified Accountants (Fellow)
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