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Hassan Ahmed, FINANCE MANAGER (Middle East)

Hassan Ahmed

FINANCE MANAGER (Middle East)·APAVE TIV Dubai (Subsidiary of Apave International, France)

United Arab Emirates

Master's degree, Charterd Certified Accountant, ACCA Member, Accounting and Finance

Work experience

Total years of experience: 18 years, 6 months

FINANCE MANAGER (Middle East)

January 2023 - Present

APAVE TIV Dubai (Subsidiary of Apave International, France)

Dubai, United Arab Emirates

January 2023 - Present

• Directed regional accounting teams across the Middle East, ensuring efficient and accurate daily financial
operations.
• Achieved consistently timely and accurate monthly financial closures, meeting strict deadlines.
• Oversaw comprehensive financial reporting compliant with local statutes and IFRS.
• Ensured timely completion of statutory audits and financial statement preparation for all Middle East entities.
• Managed all regional tax filings (corporate income tax, WHT, VAT, transfer pricing), ensuring full compliance.
• Delivered insightful financial updates to management, supporting informed decision-making.
• Collaborated on budgeting and forecasting processes with department managers and corporate planning.
• Conducted detailed variance analysis and provided clear explanations for budget deviations.
• Implemented and maintained accurate monthly cash flow forecasting to optimize working capital.
KEY ACHIEVEMENT:
• Led the financial integration of ABS Group subsidiaries/service lines into Apave Group, ensuring seamless data
transfer and business continuity.
• Facilitated the transition of business operations and ownership, managing legal, banking, customer/vendor,
and tax/compliance updates.
• Successfully navigated post-acquisition audits and tax filings, ensuring regulatory adherence.
• Led the implementation and migration of Microsoft Dynamics 365 ERP and ESKER AP management tools, driving
system modernization.

Company industry:
Oil & Gas

SENIOR FINANCIAL ACCOUNTANT, MIDDLE EAST

November 2017 - January 2023

ABSG Consulting Inc (US MNC),

Dubai, United Arab Emirates

November 2017 - January 2023

• Worked in the capacity of Assistant Manager Finance supervising assistant accountants and reporting to
Regional Finance Manager. I was responsible for supervise accounting team, review day to day accounting
activities and accounting department function including internal and external reporting of Middle East (UAE,
Saudi, Qatar, Kuwait Oman) and Africa (Angola and Nigeria) businesses including annual statutory audit.
• Prepared budgeting, forecasting, and monthly cash flow forecasting processes, and conducted in-depth
financial analysis, including variance analysis and deviation explanations, to ensure optimal working capital.
• Managed monthly closing process, ensuring accurate and timely closure of books of accounts under strict
deadlines, effectively handling pressure during critical closing periods to deliver timely and accurate closing and
reporting.
• Oversaw annual statutory financial reporting in compliance with local statutes and IFRS.
• Managed statutory audits across 10 offices, coordinating with auditors to ensure timely completion.
• Coordinated with tax consultants and advisors for the timely filing of annual corporate income tax (CIT), WHT,
VAT, and transfer pricing (TP) for 10 offices.
• Prepared and filed VAT returns for the UAE, Saudi Arabia, and Nigeria offices.
• Provided management reporting and financial updates for department managers and senior management to
facilitate decision-making.
• Provided management with ad hoc reporting and analysis to support timely decision-making. Played a key role in the divestiture of ABS Group subsidiaries/service lines to Apave Group by gathering
and compiling financial information essential for business valuation and supporting the transition of business operations
and ownership to Apave Group.

Company industry:
Business Consultancy Services

MANAGEMENT ACCOUNTANT – MIDDLE EAST

January 2014 - November 2017

ABSG Consulting Inc,(US MNC),

Dubai, United Arab Emirates

January 2014 - November 2017

• Performed financial and business analysis, including monthly closure, reconciliation, and project/operational
performance reporting (resource utilization, resource costing, work backlog analysis, unbilled work/debtors with
aging, project analysis, and budget variance analysis).
• Managed management accounting and reporting for Middle East operations, reporting to the Finance Manager,
Project Managers, and Senior Management.
• Supervised project accounting functions, including project setup, modification, monitoring, and closure.
• Reviewed financial feasibility and commercial aspects of newly awarded projects/contracts.
• Provided management with ad hoc reporting and analysis for decision-making.
• Provided the operations team with timely and accurate monthly information/reports for improved project
management.
• Enforced controls and reported discrepancies/suggestions for improvements to management.
• Supervised accounts receivable (AR) functions, including team responsible for client billing and collections.
• Initiated and successfully implemented several operational/controls improvement assignments.

Company industry:
Business Consultancy Services

ACCOUNTS OFFICER

January 2011 - January 2014

Engro Eximp (Pvt.) Limited,

Karachi, Pakistan

January 2011 - January 2014

• Managed financial reporting for Engro Eximp and its two subsidiaries, including standalone and consolidated.
• Prepared financial updates and information packages for CFO and Senior Management.
• Ensured accurate and timely financial close, including general ledger maintenance and reconciliation.
• Oversaw inventory management, costing and valuation, and SAP MM module maintenance.
• Supervised team of assistant accounts and reviewed daily accounting activities.
• Collaborated with Business Analyst and Financial Analyst to ensure accurate management reporting,
inventory costing and valuation and financial reconciliations.
• Supported corporate budgeting and planning through financial analysis and ad-hoc reporting.
• Managed statutory audits and prepared audited financial statements.
• Developed KPI dashboards and SOPs to enhance accounting department efficiency. accounting fixed assets accounting for Rice
processing plant, part of a major project for a subsidiary of Engro Eximp named Engro Eximp Agri products (Pvt) Ltd.

Company industry:
Industrial Production

ASST. ACCOUNTS OFFICER

January 2010 - January 2011

Engro Fertilizers Limited,

Karachi, Pakistan

January 2010 - January 2011

• Prepared financial statement disclosures and management reports for accurate financial reporting.
• Managed key accounting functions, including bank reconciliations, fixed assets accounting, related party
transactions, and accounts payable (AP). assets accounting urea (1.3 Mn a major project Limited.

Company industry:
Industrial Production

SENIOR AUDITOR

January 2008 - January 2010

MUNIFF ZIAUDDIN & CO,

Karachi, Pakistan

January 2008 - January 2010

• Executed audits and assurance engagements from planning to final reporting, adhering to auditing standards.
• Led audit teams in the execution of statutory audits, review engagements, and internal audits.
• Facilitated financial statement preparation and presentation of accurate and compliant financial statements.
• Assessed internal controls to identify and mitigate financial risks and recommendations for improvement.
• Analyzed financial data to identify discrepancies and ensure compliance with regulatory requirements.

Company industry:
Accounting

Education

Association of Chartered Certified Accountants (ACCA), UK

December 2012

December 2012

Master's degree, Charterd Certified Accountant, ACCA Member, Accounting and Finance

Pakistan

Association of Chartered Certified Accountants, UK Charterd Certified Accountant, ACCA Member

University of Karachi

December 2007

December 2007

Bachelor's degree, Bachelor of Commerce (B.Com.)

Pakistan

GPA (percentage): 88%

GPA (percentage): 88%

Skills

Business Analysis
Expert
Business Analysis
Expert
Accounting
Expert
Accounting
Expert
Financial Reporting
Expert
Financial Reporting
Expert
Financial Modeling
Expert
Financial Modeling
Expert
SAP
Expert
SAP
Expert
KPI planning and monitoring
Intermediate
KPI planning and monitoring
Intermediate
SAP
Intermediate
SAP
Intermediate
Presentation skills (Preperation and presentation)
Beginner
Presentation skills (Preperation and presentation)
Beginner
MS Office (MS Excel & MS Word)
Expert
MS Office (MS Excel & MS Word)
Expert
SAP - FICO Module
Intermediate
SAP - FICO Module
Intermediate
SAP - MM Module
Intermediate
SAP - MM Module
Intermediate
OPEX & CAPEX expenditure planning, budgeting & monitoring
Intermediate
OPEX & CAPEX expenditure planning, budgeting & monitoring
Intermediate
CAPEX
Intermediate
CAPEX
Intermediate
FINANCIAL ACCOUNTANT
Intermediate
FINANCIAL ACCOUNTANT
Intermediate
financial reporting
Intermediate
financial reporting
Intermediate
business analysis
Intermediate
business analysis
Intermediate
Oracle
Intermediate
Oracle
Intermediate
Accounting
Expert
Accounting
Expert
Financial Modeling
Expert
Financial Modeling
Expert
BUSINESS EXPANSION
Intermediate
BUSINESS EXPANSION
Intermediate
FINANCE
Intermediate
FINANCE
Intermediate
BUSINESS DEVELOPMENT
Intermediate
BUSINESS DEVELOPMENT
Intermediate
JAVA BUSINESS INTEGRATION
Intermediate
JAVA BUSINESS INTEGRATION
Intermediate
LEADERSHIP
Intermediate
LEADERSHIP
Intermediate
MERGERS AND ACQUISITIONS
Intermediate
MERGERS AND ACQUISITIONS
Intermediate
OPERATIONS
Intermediate
OPERATIONS
Intermediate
REGULATORY COMPLIANCE
Intermediate
REGULATORY COMPLIANCE
Intermediate
RESULTS FOCUSED
Intermediate
RESULTS FOCUSED
Intermediate
STREAMLINING
Intermediate
STREAMLINING
Intermediate
Management
Expert
Management
Expert
Budgeting
Expert
Budgeting
Expert
Financial Analysis
Expert
Financial Analysis
Expert
Financial Management
Expert
Financial Management
Expert

Social profiles

Languages

English

Expert

Urdu

Native Speaker

Memberships

Chartered Certified Accountant as ACCA Member

Member

March 2013

Training and Certifications

Certifications
Certified Management Accountant (CMA) - In progress
Institute of Management Accountants (IMA), USA
FCCA (Fellow ACCA Member)

Hobbies and interests

Swimming, Cycling