HUSAIN MIYALA

• Oversee contracts of procurement worth over $150 million annually, ensuring compliance with regulatory and company standards
• Monitor procurement budgets with a strong emphasis on cost-saving measures, resulting in annual cost savings of $5 million
• Lead negotiations for contracts, focusing on securing favorable terms, meeting quality requirements, adhering to delivery timelines, and maintaining optimal cost structures
• Develop and manage a streamlined vendor onboarding process to establish and maintain positive and professional relationships with suppliers
• Conduct detailed spending analysis to identify opportunities for cost optimization through economies of scale and other efficiencies
• Integrate sustainability considerations into procurement strategies to support the companys environmental and social responsibility goals
• Provide monthly procurement KPIs to the CFO, aligning procurement activities with broader project timelines and budgetary objectives
• Act as a subject matter expert in the implementation of Oracle Fusion Procurement, ensuring smooth integration and functionality

• Headed the Lease Administration department for the Northern Gulf Region, overseeing the management of leases for over 800 retail stores across various countries
• Maintained ongoing filing of legal notifications, leases, and other relevant documents in both electronic and hard copy formats, ensuring organized and accessible records
• Managed and prepared annual store feasibility reports (portfolio analysis) for management, providing insights and recommendations
• Ensured the integrity of system data (e.g., Oracle Property Manager), confirming that system data matched actual lease agreements
• Provided commentary to support business decisions and offered sound independent financial advice to senior management regarding lease renewals or terminations
• Oversaw the leasing activity report and tracked critical lease dates, including expirations, active kick-outs, and options
• Managed annual rent payments totaling $200 million, ensuring timely and accurate disbursements

• Coordinate with landlords, tenants, and internal departments to resolve lease-related issues and disputes.
• Monitor critical lease dates, such as renewals, expirations, and rent escalations, ensuring timely action is taken.
• Lead and manage the lease administration team, providing guidance, training, and support to ensure high performance and accuracy.
• Conduct regular team meetings to review workloads, set priorities, and address any challenges.
• Analyze lease terms and conditions to identify opportunities for cost savings or risk mitigation.
• Manage the lease administration software or system, ensuring data is accurate and up-to-date.
• Implement improvements to lease administration processes and systems to increase efficiency and accuracy.
• Preparing detailed Budgets & Financial Reports for leased properties & preparing Variance analysis on rent.

• Provided previous and current financial information to review business performance, enabling the creation and adjustment of business plans
• Reviewed capital expenditure on projects, offering recommendations for approval, rejection, or revision based on budget alignment and strategic goals
• Tracked ongoing performance and business profitability against plans, providing guidance for corrective actions and optimization of business performance on a monthly basis
• Conducted targeted analyses on Capex/investment performance, brand profitability, store profitability, country profitability, and ongoing cost assessments to ensure financial effectiveness and strategic alignment
• Led corporate-wide projects including cash flow modeling, long-term strategic planning, and cost-reduction initiatives like rental savings plans
• Assisted in developing advanced financial models and conducted in-depth analyses using various tools and techniques, such as trend analyses on past financial and operational performance, root cause analyses, analysis of profitability drivers, scenario modeling for future options, and project cost benchmarking

 Maintenance of basic Book Keeping, Subsidiary, Ledger, Petty Cash and other books of Accounts.
 Handling account payables and receivables.
 Banking activities and reconciliation of bank account.
 Finalization of Accounts.
 Capitalization of fixed assets in system and passing depreciation entries.
 Earmarked and dealt with problematic accounts such as wrong / duplicate payments; prepared reports on the same.
 To work on Bank reconciliation of different bank accounts.
 Identified, developed, maintained and implemented appropriate internal control procedures to ensure the effectiveness and efficiency of operations. Scrutinized vendors invoices till the final settlement.
 Attended to inquiries from customers and employees regarding various system issues and Invoice processing.
 Held responsibility of administrative issues including settling Fire & vehicle insurance claims

• Maintained comprehensive bookkeeping records, including subsidiary ledgers, petty cash, and other financial books
• Managed the full cycle of accounts payables and receivables, ensuring timely and accurate financial transactions
• Actively participated in the migration of finance applications from Oracle 11i to Oracle R12, ensuring a smooth and efficient transition
• Created and maintained a rental database, leading to error reduction in payable accounting and alerting to critical dates in lease agreements
• Capitalized fixed assets in the financial system and processed depreciation entries in accordance with accounting standards
• Finalized accounts at the end of each reporting period, ensuring all financial statements and reports were accurate and complete