Faisal Akhlas uddin

• Project Accounting & Reporting: Oversee all project accounting functions for multiple construction projects.
Implement robust revenue recognition in line with contract terms and IFRS 15, including detailed Work in Progress
(WIP) reporting, cost-to-complete analysis, and milestone billing.
• Financial Control & Compliance: Ensure accurate monthly/quarterly closing within a 6-day timeline. Reconcile
contract values, monitor budgets vs. actuals, and analyze variances to drive corrective actions.
• Commercial Finance & Treasury: Manage project-related banking operations, including Letters of Credit (LCs)
and Letters of Guarantee (LGs). Oversee cash flow planning to align with project procurement and subcontractor
payment cycles.
• Treasury & Investment Management: Strategically managed the companys short-term investment portfolio,
optimizing returns by proactively planning for renewals and maturities. This disciplined approach ensured
maximum liquidity and yield on idle cash, contributing to non-operational income.
• Tax & Governance Compliance: Direct VAT compliance and filing for project activities. Ensure adherence to UAE
Corporate Tax regulations and maintain full compliance with UBO, AML, and KYC requirements.

 Managing Banking operations, reviewing of bank legal documents and presenting the covenants.  Assisting for VAT filing and reconciliation and Coordinating for proactive Corporate Tax Planning.  Month end closing process are completed in 6 days and Revenue recognized for the projects.  Overseeing Trade Finance transactions including Letter of Credit and Letter of Guarantees.  Monitoring Projects budgets and contract value reconciliation  Designing various financial analytics, models and reports to aid in executive decision-making.  Conduct financial scenario analysis and risk assessments to plan effectively.  UBO, KYC, FATCA, AML compliance and reporting

Managed financial operations for real estate & investment portfolios of AED 1.5b including valuation, lease accounting, and investment analysis and IFRS 16 lease accounting and IFRS 9.  Creating and managing teams of high-profile finance professionals, ensuring work environment is managed positively  Monitoring the group and the subsidiaries transactions / inter-company reconciliation.  Filing periodic VAT returns ensuring all admissible expenses / purchases are claimed while leaving out the inadmissible expenses / purchases. Monitoring / initiating legal cases for defaulters.  Overseeing the Finalization, Statutory Auditing and presentation of Consolidated Financials in compliance with IFRS within the statutory time frames and board deadlines,  Presentation of Consolidated Financials, Corporate Governance report to the board.  Managing Treasury operations of the Holding Co and its subsidiaries.  Developing SOPs & KPI’s to facilitate efficient operations, growth and accountability.  Developed and enforced financial policies, ensuring standardization across 3+ subsidiaries  Led gap analysis / variance analysis initiatives that identified cost savings and improvements  Arranging / Negotiating financing for projects and operations contributing to expansion by 1.5 times.  Developed annual budgets and rolling forecasts for upto AED 400 million organization, aligning with strategic goals, Forecasting and monitoring the group performance, identifying trends and recommending improvements.  Implemented zero-based budgeting, reducing discretionary spend by 20% while maintaining operational efficiency.  Maintained relationships with 9 banks, securing favorable terms and 60% lower banking fees.  Negotiated overdraft, STL, LTL, Murahaba facilities worth upto AED 200m, improving liquidity and reducing interest costs by 25%.  Strong stakeholder relations developed, translated into positive outcomes and teamwork.  Designed hedging strategies for FX, Interest and price stability and liquidity forecasting.  Planning and developing strategies to avoid risk and ensure resources are available.  Led process re-engineering initiatives, reducing redundant workflows and saving 50+ annual staff hours  Ensuring Intellectual Properties are registered and renewals done on time.  Collaborated with legal, tax, and operations teams to align financial strategies with business goals

• Managing all Finance Functions
• Creating and Managing good relationships with Banks
• Optimizing the Cashflow of the company.

• Financial Reporting: Automated financial reporting, reducing errors by 25% and delivering IFRS
compliant statements 50% faster
• Corporate Finance: Creating and Managing good relationships with Banks
• Liquidity & Working Capital Optimization: Directed cash flow management for 4k man-days, optimizing liquidity

(Promoted to oversee all financial control, corporate finance, and treasury for a diversified AED 1.5B investment portfolio.)
• Investment Operations: Managed financial operations for real estate & investment portfolios of AED 1.5b including
valuation, lease accounting, and investment analysis and IFRS 16 and IFRS 9.
• Strategic Investments: Secured board approval for 3 commercial property acquisitions (AED 120M) and construction of 5
mixed-used buildings by developing compelling IRR/NPV models that validated investment feasibility.
• ERP Implementation: Led the SAP implementation in a short period covering all areas of the business transactions.
• Tax Strategy & Compliance: Filing periodic VAT returns ensuring all admissible expenses / purchases are claimed
while leaving out the inadmissible expenses / purchases. Monitoring / initiating cases for defaulters.
• Finance Team Leadership & Development: Creating and Leading Finance department and managing team of high
profile finance professionals, ensuring work environment is managed positively and continuous improvement.
• Group-Wide Financial Controls & Reconciliation: Subsidiaries transactions / inter-company reconciliation.
• Financial Reporting: Overseeing the month end activities, Finalization, Statutory Auditing and presentation of
Consolidated Financials in compliance with IFRS within the statutory time frames and board deadlines,
• FP&A Leadership: Delivered actionable MIS reports and variance analysis for executive and board meetings,
transforming data into strategic insights for decision-making.
• Strategic Capex Governance: Applied rigorous ROI and payback analysis to capital expenditure proposals, ensuring
optimal capital allocation and strict budgetary discipline.
• Financial Planning & Cost Optimization: Instituted a zero-based budgeting discipline and rolling forecasts for a AED
400M budget, reducing discretionary spend by 20% while maintaining operational efficiency and ensuring strategic
alignment through rigorous KPI monitoring.
• Corporate Finance: Negotiated and maintained relationships with 9 banks, securing 60% reduction in banking fees and
favorable financing terms
• Finance Structuring: Structured AED 200M+ in financing facilities (overdrafts, Short / Long term loans, Murabaha) to
optimize liquidity and reduce interest costs by 25%, supported 1.5x business expansion and improving debt-to-equity ratio
• Treasury: Centralized treasury management for the group, overseeing all cash flow, banking, and liquidity across local
and international entities.
• Operational Efficiency & Workflow Automation: Automated and streamlined workflows, achieving 50+ hours in
annual productivity savings.
• Cross-Functional Strategic Alignment: with legal, tax, and operations teams to align financial strategies with
business goals

(FMCG Retail (Multi-Site Operations) FMCG Trading | Catering
• Budgeting & Planning: Controlled the operations of the company with AED 600 million turnover.
• Managed financial operations of 15 retail outlets and 5 catering sites.
• Improve information flow to management with the view of assisting in sound decision making and critical thinking.
• Leading the Statutory and Management Audits of the branches and business units.
• Implemented and monitored regular inventory aging reports, reducing obsolete stock by 5% and freeing up AED 2million
in working capital.
• Strengthened inventory controls by synchronizing finance and warehouse data, ensuring reporting accuracy.
• Supported merchandising and commercial teams with Gross and Net margin analysis on promotions and markdowns to
protect overall profitability
• Conducted daily/weekly commercial analysis of sales data, customer trends, and competitor pricing to inform
dynamic pricing strategies across product categories.
• Partnered with commercial teams to optimize pricing models for 5 retail locations, boosting margins by 12%.
• M&A: Conducting New business feasibilities using NPV, IRR and payback computations & valuations.
• Process Improvement: Implemented JIT inventory management, reducing costs by 15% and obsolescence by 50%.
• Payroll: Timely Processing payroll for 3, 000+ employees with 100% accuracy and compliance with UAE laws,
managing employee benefits programs and end of service schedules for gratuity and Leaves Salary.
• Capital Restructuring: Ensure support to operation, restructuring of Operations; improving working capital

• Controlled financial planning, forecasting, and budgeting the group with AED 600 million turnover.
• Improve information flow to management and auditors with the view of assisting in
sound decision making and critical thinking.
• M&A, New business feasibilities using NPV, IRR and payback computations.
• Managed Finance Staff for a conglomerate of 20 Business Units.
• Ensure support to operation by restructuring of Treasury and banking Operations; improving working
capital management.
• Problem solving and leadership during critical decision times.
• Developing comprehensive feasibility studies and financial models to evaluate project viability and
communicating for optimum decision-making and actions.
• Interact with external ICV auditors to present timely financial statement as well as attain compliance.