Finance Head
Dormakaba
Total years of experience :15 years, 8 Months
Direct Reporting to Deputy Vice President Finance MEA Region & Functionally to CEO Saudi Operations
SELECT PROFILE HIGHLIGHTS
Drive Financial Performance by leading Monthly Closing Functions including on time & quality submission of HFM & MPR plus
adhoc Reports for Country/Region.
Lead financial budget and forecast process for KSA Business including completion of various reporting templates to facilitate
on time reporting to the Regional Finance team.
Extend support to business on day to day affairs and active participation in CMT (Country Management Team) for Financial
Reviews and various country topics for smooth business operation in the country. Supporting fully the management teams in
providing quality advise and information to support business decision making and providing quality reporting from SAP BW
and HFM tools.
Active role played in the formation of another new Legal Entity of Dormakaba Saudi Arabia to manage trading activities
including Banking, Finance Process delivery and team responsibilities.
Initiate actions to activate new company for SAP Implementation, led implementation of Revenue Recognition concept of
Annual Maintenance Contract Invoicing of Service PL with Group IT,
Lead VAT Implementation Project in Dormakaba Saudi Arabia for the compliance of KSA VAT Regulations from January 01,
2018.
Ensure compliance with all taxation legislation and reporting, inclusive of Monthly VAT & WHT Returns for two legal entities
with full back-ups and analysis.
Review existing Finance process and recommended necessary changes for better functionality in various areas of Reporting,
Treasury, Vendors and Customers related activities.
Career Path
Reporting to Country & Regional CFO
General Electric (GE) - world leader in Energy, Transport Infrastructure, Aviation, Healthcare & other influential business brands well-known for its standings & holds powerful rating by Fortune 500, Fast Company, Forbes & others Bench markers. GE is bringing Together Brilliant Machines, Advanced Analytics and People at Work.
SELECT PROFILE HIGHLIGHTS
•Ensure controllership and consistency of accounting processes, drive controllership awareness throughout the operating team, ensure financial compliance and uphold GE’s commitment to integrity.
•Provide financial leadership and support through coordination and preparation of the annual & quarterly estimates of key metrics.
•Integrate and develop processes that meet business needs across the organization, manage complex issues within functional area of expertise, be involved in long-term planning and contribute to the overall strategy.
•Be responsible for the management of Base & variable costs, Direct & Indirect material spent and other key operational numbers including actions for driving cost reduction & cash improvements.
•Build strong relationships with Commercial, Operational and Product Controllership teams and be viewed as the go-to person for commercial decision-making to drive business initiatives, growth, profitability and accountability.
•Perform risk based financial analysis of balance sheet accounts to ensure compliance, integrity of account balances / financial reporting and effectiveness of business processes impacting the financial statements, including closing, reporting and analysis.
•Lead simplification initiatives across the business to reduce commercial process complexity and enable Operational teams to focus on more value-added customer facing tasks.
•Able to clearly link financial results to operational performance drivers, generate alternatives and drive positive change.
•Successfully led projects / process improvements within operations & finance functions by supervising 7 Headcounts + Shared Services Staff.
Reporting to Country & Regional CFO
Career Path:
Management Controller - Aug 2012 Aug 2014
Financial Controller, Apr 2010 till Jul 2012
Reporting to Country & Regional CFO.
SELECT PROFILE HIGHLIGHTS
Accountable for overall control of financial operations, treasury operation, Cash Flow Management, Risk Management and
meeting reporting deadlines.
Drive compliance through in coordination with the Business GM and Service Managers.
Ensure transparency in operating performance, revenue growth and profitability.
Drive fidelity in all processes, policies and practices including integrity of ERP Systems.
Ensure filing of periodical returns and various declarations as required by regulatory authorities.
Establish SOP’s & streamline Accounting & Controllership practices in coordination with operating teams.
Coordinate internal & external financial as well as compliance audits for the Saudi business and ensure adherence to all legal,
tax (including DZIT) and GAAP (IFRS) requirements.
Operate across multiple levels, functions and regions and cascade complex financial information in simple terms.
Provide team leadership to Controllers & Accountants and set clear roles & responsibilities for superior business support while
supervising 7 Headcounts + Shared Services Staff.
M.A. Juffali Food Distribution System is the part of a well-known group engaged in the manufacturing/trading of Sweets, Confectionary
including other Food & Beverage products operating in Saudi Arabia, Lebanon, Malaysia, Philippines, Egypt, China & India.
SELECT PROFILE HIGHLIGHTS
Key accountabilities spanning Financial Analysis & Reporting, Treasury Operation, Statutory Compliance, Development of
Systems & Procedures as well as Project Appraisals and Funding.
Ensured accuracy and adherence to statutory norms in all reports and information.
Responsible for consolidation of group accounts, interpretation of financial reports and SWOT analysis.
Ensured smooth flow of funds and optimum utilization.
Overall project reporting including financial scopes of feasibility reports.
Manage Project Appraisal Meetings with Banks & Financial Institutions.
Growth Path:
(Jul 1997 to Jun 2006)
Assistant Manager Accounts having opportunity to manage 2 to 10 Headcounts while reporting to - Group Financial Controller
Pakistan Services Limited, Pakistan
Owners & Operators of Pearl Continental (Ex. Inter-Continental) Hotels, one of the largest ‘5 Star’ hotel chains.
Assistant Manager Accounts (Jul 1994 to Jun 1997). Reporting to - Executive Director
Member - Institute of Cost & Management Accountants of Pakistan (ICMAP)