Avisanna Jadeed Mohammed

• Merger & Acquisition: worked closely with the CFO of the company towards Joint venture creation adding value to the companys balance sheet via acquisition of subsidary and invite of new investors leading to capital increase. Lead for the transition process of the M&A process towards implementation of the synergies.

• Financial Budgetting and control: development of the financial budget for the group alongside with creation of SOP towards monitoring the actual results with budgets.

• Costing model: periodic analysis of the cost movement of the material throughout the production cycle and ensurance of proper costing model application into the system to ensure proper margin determination for the SKUs

• Fund Management: optimal utilization of short term advance towards documentary LC, import/sight facilities with the bankers amounting to SR 120 million and ensuring to meet all financial covenants

• Process-driven: Synchronising divisional priorities and ownership covering Accounting & Reporting, Business Operations, Treasury and Credit Management Tasks

• Finance Business Partner: Collaborating with multi-disciplinary teams like Supply Chain, Commercial, Human Resources, Administration and Legal/Compliance to achieve organisational goals

• Collaborative Approach: Nurturing great relationships with Bankers, Lawyers, Advisors, Agencies and Suppliers; negotiated settlements and restructured financial liabilities with bankers, suppliers, statutory agencies

• Initiatives Taken: Implementation of E-invoice Phase.2 in MS dynamic GP, enhancement of the process flows in MS dynamic GP.

• Strategic Thinking & Foresight: Driving achievement of business growth & profit goals by formulating & implementing strategic financial solutions and business policies, procedures & systems for tracking financial operations

• Merger: Driven the process along with the General Manager towards merger of the transport division and supported the transition process toward handover of the division leading to business growth

• Finance Business Partner: Acted as the key decision maker regarding the business operation and decision making through proper synchronisation with the cross-function department heads to achieve organisational goals.

• Pricing Policy: Serving as focal point for the companys pricing model, thus identifying the cost components, and developing competitive pricing strategies to assist commercial team in achieving a higher ratio of successful RFQs and turnarounds

• Board Member: Integral Part of the board, proactively attended meetings and serves as major advisor to the Board.

• Initiatives Taken: Playing a key role in Process Automation Initiatives and Focus ERP Implementation

• Surpassing Goal Metrics: Successful in introducing new revenue stream in the company enhancing growth in the company

• Fund Management: Instrumental in generating and acquiring SR 40 Million fund through equity/debt and acquired equipments leading to the growth and development of the business

• Turn-around Management: Dexterously converted the company from loss making to profit making in a period of 4 years; also restructured the companies finance and administrative team

• Facilitated business transformation and productivity initiatives in a manner that systematically improves operational execution, whilst improving quality, and reducing total cost of ownership

• Monitored and coordinated in budget preparation, conducted variance analysis, and made recommendations for new or revised budget norms or procedures

• Diligently discussed terms and covenants for short and long-term loans with the bankers or financial institutions and raised SR 100 million toward utilization of subsidiary acquisition in the GCC market

• Established & implemented internal control disciplines throughout the division to maintain integrity and accuracy of financial reports; conducted due diligence exercise to provide information and insight on the operations and identify gaps in SOPs.

• Actively participated in the ERP implementation MS Dynamic was integrated throughout all the departmental process via proper study of SOP requirements and reporting structure

• Distinction of being recognized for Automation and Data Migration into the ERP System

• Played a stellar role during acquisition, mergers and integrating post-acquisition synergies to establish corporate efficiencies and improve the growth of the company in the market

• Applauded and accredited for:
- Acquisition of a subsidiary in the UAE market and integration of regional development, processes, and financial results
- Establishment of a profitable laboratory subsidiary in Oman Market

• Displayed proficiency by introducing new line of revenue sector in the B2B Business Segment in the KSA market

• Significant contributions towards converting UAE market into profitable sector through leadership and business growth

• Performed the key role of validating business plans & commercial strategies for maximizing profitability & revenue generation in line with corporate goals

• Determined financial objectives, designed, and implemented systems, policies & procedures to facilitate internal financial control

• Presented a true and fair view of the financial position of the company by way of timely preparation of annual reports; analysed the expenditure monthly to control expenses

• Also, charted out cost-cutting strategies to maintain stable ratios and liquidity

• Conferred with Best Reporting Team Award within the NAS United Healthcare Service LLC Groups

Responsibilities:
• During fieldwork on statutory, internal audit procedures, demonstrated professional skepticism and complied with risk management and independence rules.

• Complete audit procedures and documentation of higher risk areas to widen technical abilities (e.g. revenue, financial instruments, income taxes)

• Report on internal control weaknesses and suggest for policies improvements.

Achievements:
• In 1 year of performance, promoted to Senior Audit Executive.

Roles and Responsibilies:
• Statutory Audit & Income Tax Audit of various sectors of business groups like IT sector, manufacturing sector, service providing, freight forwards and cargo service, shipping and marine, textile industry etc.

• Preparation & Finalization of financial statement including consolidated financial statement for holding companies with subsidiaries in accordance with Accounting Standard in India.

• Experience in verification, checking & analysis of internal control system in the organization & also prepare the internal control questionnaire.

• Development and execution of the internal controls in the organisation.

• Performing stock reconciliation, bank reconciliation, customer and vendor reconciliation.

• Good experience and knowledge in monthly closing activities.