Hussain Habeeb Ali Bafaqui, Senior Analyst - Corporate Affairs Department

Hussain Habeeb Ali Bafaqui

Senior Analyst - Corporate Affairs Department

MENAX MANAGEMENT SERVICES DMCC, (TOYOTA CORP. – HEAD OFFICE);

Location
United Arab Emirates - Abu Dhabi
Education
Master's degree, MBA Finance
Experience
18 years, 10 Months

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Work Experience

Total years of experience :18 years, 10 Months

Senior Analyst - Corporate Affairs Department at MENAX MANAGEMENT SERVICES DMCC, (TOYOTA CORP. – HEAD OFFICE);
  • United Arab Emirates - Dubai
  • My current job since July 2019

Oversee financial data management and presentation including creating executive management reports, facilitating the preparation of information for board meetings focused on financial matters. Utilize analytics and data to influence corporate decision-making processes. Provide extensive support in conducting external audits, as well as examine constitutional documents regularly using Blueprint One-World Software. Improve overall organizational efficiency by leveraging solid industry knowledge and deploying A/P best practices. Strengthen account payable controls.  Set up new corporate entities according to local laws, prepare necessary constitutional documents, and assist with registrations and ongoing legal matters.  Oversee legal tasks across multiple jurisdictions, from arranging board and shareholder meetings and drafting resolutions to preparing agendas and recording minutes.  Preparation of Corporate Structure charts at the Group Level.  Assisting the Organization with the sanctions confirmation letter at the Group Level.  Advise on company distributions, dissolutions, incorporations, and liquidations.  Review annual returns for submission to the Companies Registration Office.  Preparation of board and shareholder packs, maintain and update statutory registers and minute books.  Review of documents which are requested from external parties and internal to comply with KYC requirements.  Played a key role in establishing a new organization from the ground up and closing down existing organization; provided data-driven insights to the senior leadership on organizational sustainability and success.  Conducted comprehensive analysis of existing corporate structure and all associated operations while offering support in establishment and winding up of entities.  Successfully navigated through an unprecedented challenge involving the organization losing all financial records; identified and timely resolved major issues with international vendor payments. A G E 2

Corporate Administrator - Corporate Affairs Department at Abdul Latif Jameel Company Limited (Toyota)
  • Saudi Arabia - Jeddah
  • My current job since April 2014

Ensured highly effective payments cycle and optimal financial performance of the organization by managing international payments at the Group Level and other administrative matters at the ALJ Group Level.

 Set up new corporate entities according to local laws, prepare necessary constitutional documents, and assist with registrations and ongoing legal matters.  Liasing with the respective administrators in terms of the Constitutional documents of the entities under various jurisdictions.  Leveraged expertise and vast industry knowledge to remove the entire financial planning, analysis, and reporting procedures, contributing significantly to improving executive-level decision-making and organizational alignment with financial goals.  Maintaining the  Preparation of Corporate Structure charts at the Group Level.  Instrumental in promoting a culture of continuous and sustainable improvement within the organization.  Improved organizational A/P functions by analyzing and optimizing A/P-related controls, as well as incorporating/translating industry best practices into ongoing A/P functions.

Regional Accountant at A.M.H. ALSHAYA TRADING CO. W.L.L. (HEAD OFFICE);
  • Saudi Arabia - Jeddah
  • January 2010 to March 2014

Core areas of responsibility included implementing multiple financial controls and procedures including financial control framework for existing processes and policies to maintain financial security and stability throughout the organization in compliance with corporate procedures. Ensured proper management of payables cycle, timely clearance of payments, tracking of vendor payments/payables, and generation of payables reports.  Oversaw month-end process, reconciled bank statements, and reviewed and processed bank guarantees, as well as L/Cs.  Significantly improved and streamlined global reporting by developing and implementing one sales revenue flash template.  Delivered exceptional performance during execution of bank guarantees, leading to receiving praise, recognition, performance bonus, appreciation letter by CFO, and the Outstanding Performance award in 2012.  Ensured team compliance with defined KPIs and remediated deviations by defining and deploying robust action plans based on team competencies and organizational capability.

Education

Master's degree, MBA Finance
  • at York St John University
  • January 2023
Bachelor's degree, B. Com;
  • at INDIAN INSTITUTE OF MANAGEMENT AND COMMERCE (OSMANIA UNIVERSITY)
  • December 2010
Diploma, Diploma in Information Systems Management
  • at School Of Information Technology Niit I-tech
  • December 2009

Specialties & Skills

Reconciliation
External Audit
Debtors
Payments
Petty Cash
CONSTITUTIONAL DOCUMENTS
REGISTRATION
ANALYTICS
DATA MANAGEMENT
CLOSING (SALES)
FINANCIAL DATA
FINANCIAL DATA MANAGEMENT
FINANCIAL PLANNING
LEADERSHIP
MANAGEMENT
TAX PLANNING
ACCOUNTANCY
BUDGETING
FINANCIAL
PAYABLES
PROCESS ENGINEERING
REPORTS
ACCOUNTS RECEIVABLE
ANALYSIS
AP STYLE

Social Profiles

Personal Website
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Languages

Arabic
Expert
English
Expert
Hindi
Expert
Urdu
Expert

Training and Certifications

Diploma in Management Information System (Certificate)
Date Attended:
December 2022