كمال بيرياني

Heading the accounting functions of several clients (including Royal Jet Group and Elitizam group, https://www.eltizam.ae, comprising of 6 subsidiaries ( Tafawuq, Three60 communities, Oriontek, 800tek, Omnius estate services and SimmaTek).
The move is mainly focused on leveraging the knowledge and expertise gained as part of Royal Jet Group and implement the processes and methodologies to other groups under shared services concept to achieve the economies of scale. My job responsibility principally remains the same as Manager Accounting and Reporting in Royal Jet Group (see below) with emphasis on process improvements across multiple groups.

As part of significant ‘C’ level contributor; working as a pivotal member of the executive team and supporting all operational executives and departments in critical decision making. My role was mainly financial management and financial analysis on key decisions affecting the airline operations, so that the full financial implications are known in the areas of revenue maximizing, economic evaluation of various scenarios, budgeting, cost control and other business decisions and well as general ledger management. Including but not limited to:
• Create and direct the corporate strategy to maximise shareholder returns. Strategic support including analyzing the long-term financial planning, acquisition of new aircraft, financial forecasts and financial evaluation of various other business decisions including development of pricing strategy, fleet strategy, and long-term corporate strategy.
• Conducing financial evaluations and recommending opportunities for new revenue stream generation, strategic partnerships, current business expansion, aircraft management, acquisition, servicing, model capability, lease options & maintenance.
• Manage GL and Financial statements Cycle including (including reviewing AP, AR, Accruals, JVs and banks reconciliations) correspondence with external auditors and internal auditors and ensuring compliance with International Financial Reporting Standards (IFRS)/ International Accounting Standards (IAS) and relevant laws and regulations.
• Preparations and analyses of financial statements (P&L, Cash Flow and Balance Sheet)
• Dashboards for the management using advanced Excel and Power BI.
• Managing Insurance policies, evaluating and negotiating best insurance solutions for all type of insurance covering risk management and cost. Communication of additional requirements (like war risk) and claims.
• Legal and tax compliance including review of contracts and VAT.
• Functions previously carried out as Management Accounting Manager.

Reporting to the President and CFO with significant ‘C’ level contribution; working as a pivotal member of the executive team, supporting all operational executives and departments in critical decision making relating to global pricing, re-fleeting, operations, and project management. Key responsibilities include:

• Lead budgeting and cost control process from inception till preparation of Board Pack, distribution to departments and continuous monitoring and control.
• Financial analyses and proactive support on Revenue management and cost control including reconcile revenue and cost figures with the actual data in financial systems, monitoring variances and taking preventive measures to restrict the cost variance within tolerance levels. Including reviewing and providing financial input on major maintenance and capital expenditure proposals, Contracts, and duty travel forms. Act as a business support across units for financial analysis
• Prepared presentations for the Board of Directors (often quarterly), reviewing recent financial performance and outlining key strategic initiatives.
• Advised the senior executive team on key strategic, operational, Manpower and refleeting decisions.
• Researching and developing the Company’s fleet plan and handling the full life cycle of the fleet planning process from RFP to procurement, all legal contracts (construction/ financing etc.) and inductions of new aircraft.
• Responsible for key decisions on revenue analysis, pricing decisions, active involvement in yield management and development and implementation of competitive strategy and, Sales incentives
• Functions previously carried out as Management Accounting Controller.

• Weekly reports (various reports to Leadership team, CEO, Chairman and MD).
• Monthly management reporting pack is prepared as a comprehensive set of reports covering all aspects of making informed decision for board of directors (brief), management (summarized) and CFO (detailed).
• Periodic reporting on Key Performance Indicators (KPIs), Performance review and forecasting.
• Handle the Core team for the automation of business processes like Fixed Assets Management, the budgeting process, management reporting, duty travel / training authorizations, Sales Force, Aircraft Information and Management Systems (AIMS) Quotation Module and Key Performance Indicators (KPIs), management dashboards, among others.

Worked in the Global Real Estate department of ADIA (one of the largest Sovereign Wealth Fund in the world) reporting to Chief Operations Officer (COO). My role was instrumental in providing strategic input to the management for making educated and well-informed decisions and control aspects. Major responsibilities included:
• Designing, controlling, and managing reporting framework in the form of Management Information System (MIS) of the department including weekly, monthly quarterly and annual reporting comprising of portfolio positioning, performance monitoring, and variance analysis. I have single-handedly re-designed, automated, and implemented the Management Information Reporting. The work involved extensive research, understanding the needs of the department and senior management utilizing my problem-solving skills including looking after the ways to address those needs designing and implementing an automated solution.
• Preparation, analysis, and review of Consolidated Global Budgets of the department as well as preparation of regional budgets for European direct and Hotels direct investment portfolios.
• supported management in developing and controlling long term strategy of the department. My role involved providing strategic level input to the Executive Director for devising the departmental strategy, managing, and controlling deviations and updating the strategy.
• Acted as regional financial controller European and Hotel portfolio of direct property investments (comprising of more than 100 corporate entities) and indirect fund investments.
• Reviewing, coordinating and controlling the reporting/ processes performed by outside parties including local accountants, advisors, consultants, and auditors situated across the world.
• Reviewing and controlling the corporate and other costs and capex of various subsidiaries.
• Part of Project working group of deciding automation solutions.
• Development of auto generated reconciliations between, Financial and Management Reporting.
• Ensuring compliance with standards and practices adopted by ADIA for various entities globally.

Worked with one of the oldest and leading consultancy practices of the Kingdom of Saudi Arabia as a Financial Analyst and Project Manager. Major projects include:

Market Studies, Feasibility Studies and Valuations
The work involved preparation of market studies, review of technical and cost related information, analysis of past financial performance, financial modeling, projections and reporting ( Industries: Health Care, Telecommunication, Agriculture and Live stock corporations)

Analyzing competition between public and private health care sectors being part of reformation of Strategy of the Kingdom
Managed the project of analyzing competition between public and private health care with a view to suggest reforms for the development of future strategy of health care sector in the Kingdom. The project was assigned by the consortium of Government of Saudi Arabia and Private Sector Health Care Committee of Saudi Arabia. ( Industries: Health Care)

Organization's internal control systems development, business process improvement and preparation of policies and procedures manuals
Reviewed business processes and their documentation, in order to improve the internal control systems and business processes and preparation of the policies and procedures manuals for the entire organizations ( Industries: Trading,
General Construction)

Proposals and Business Development Tasks
Was actively involved in business development activities of the firm and preparation of proposals.

Lead finance functions of a medium sized FMCG manufacturing various food products. Job profile included:
• Management of overall day to day financial accounting activities, corporate finance and treasury.
• Business planning, budgeting, and forecasting for the entity and their monitoring.
• Review of Management Information and Financial Reporting Framework.
• Designing and implementing arrangements effective and efficient internal control systems.
• Performance of Internal Audit of the sole distribution company.
• Part of the core team for the development of IT solutions for the company.
• Worked as a business specialist for ISO compliance and automation of the company.

While associated with a small management consultancy firm, I was able to work for the biggest transactions in Pakistan as part of the privatization of state owned entities (in Financial Services and petrochemical industries). Carried out Financial and Operational Due Diligence Reviews including the valuations, tax matters and other implications of the proposed takeovers. The review (in some cases) was further extended to the actual acquisition of the entity including the provision with respect to taxation, intangible and tangible assets and liabilities.

Dynamic and diversified experience in the financial services industry mainly advisory services experience in EY Pakistan (Ford, Rhodes) and M. Hidayatullah & Co has provided me the opportunity to gain diversified experience including the following:
• Financial Planning and Analyses (F P &A).
• Business Process Reviews (large scale manufacturing(cement), textile and healthcare).
• Internal Audits (large scale manufacturing, healthcare and aviation industries).
• Mergers & Acquisitions-Operational and Financial Due Diligence Reviews (banking, non-banking financial institutions, Oil and Gas and textiles industries) and completion of successful acquisitions
• Statutory Audits (financial audits) (Shipping, textile etc.).
• Human resources compliance reviews (banking).
• Review of supply chain including imports, including procedures carried out for the imports, the audit of actual costs incurred and variance (Distribution company).
• Special investigatory audits assigned by the Central Board of Revenue (Leasing company)
• Accounting & financial Services (Conglomerate MNC, Pharmaceutical, Shipping, Oil & Gas and IT).
• Financial Modeling and Financial Forecasting including cash flow forecast (Cash management).
• Tax Consultancy, tax return filing representing clients with tax authorities.
• Proposal, follow and win as part of new business development.