Khalid Khan, Finance Manager / Chief Accountant

Khalid Khan

Finance Manager / Chief Accountant

IDEAL ENTERPRISES LLC (Construction & Contracting)IDEAL LINK SOLUTIONS (IT SOFTWARE & HARDWARE)

Location
United Arab Emirates - Dubai
Education
Master's degree, Banking & Finance
Experience
25 years, 8 Months

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Work Experience

Total years of experience :25 years, 8 Months

Finance Manager / Chief Accountant at IDEAL ENTERPRISES LLC (Construction & Contracting)IDEAL LINK SOLUTIONS (IT SOFTWARE & HARDWARE)
  • United Arab Emirates - Dubai
  • My current job since June 2012

(Contracting / IT Solutions (Trading, Retails, Contracting /Events Management)

 Performing of regular, timely, complete and accurate financial statements, forecast, as well as financial control of the business
 Identifying and implementation of new sources for financial generation for the company’s projects
 Ensuring proper allocation of cost and revenue in line with project completion ratio.
 Managing the company’s finance department on a day to day basis
 Maximizing returns on financial assets and preparation of budgets
 Providing financial recommendations to management of the company
 Estimating project costing for bidding ERP development and implementation
 Liaising with external auditors to produce annual audited reports and financial statements of the company’s operations
 Developing and managing an efficient financial control system in the company
 Developing strategic financial plan and coordinate the annual operating plan of major capital investments
 Analyzing and reporting on products and customers’ profitability
 Planning, directing and overseeing tax matters as and when due
 Providing a framework/basis for the review and control of all expenditure and eliminate financial waste
 Carrying out mentoring for supervisees, and managing the performance of team members and carrying out performance reviews as and when due
 Adhering to stated policies and procedures, and quality management

Finance manager / Chief Accountant / Internal Auditor at EMPA MIDDLE EAST FZCO & MEMORY TECHNOLOGY FZCO, DXB & KSA
  • United Arab Emirates - Dubai
  • December 2003 to June 2012

(IT brands, Intel, Toshiba, HP etc. / Own brands Xtreme and GenX)-Wholesales, Distribution & Retails)

EMPA MIDDLE EAST FZCO & MEMORY TECHNOLOGY FZCO, DXB & KSA
(IT brands, Intel, Toshiba, HP etc. / Own brands Xtreme and GenX)-Wholesales, Distribution & Retails)
Jan 2004- June 2102.
Group Finance Manager: (2009-2012)
 Monthly reporting of financial statements
 Working capital and ROI reports
 Brand wise profitability and analysis report
 Budgeting & costing for all divisions with complete analysis & assumptions (with graphical presentations)
 Supervise Payroll Process.
 Cost control of all departments including HR, Logistic, assembling and retails.
 Holds the distinction of conducting Islamic mode of financing through Murabaha LC and normal LCs for import & export activities
 Partnered with internal & external auditors related to all financial and internal control matters
 Steered initiatives towards attaining funded / non-funded bank facilities viz. LC, BG, SBLC & working capital finance, etc.
 Dealt and involved with the internal & external reporting activities as well as liaison with banks & quick completion of Annual Audits by external auditors (Ernst & Young).

Chief Accountant: (2006-2008)
 Month end closing process with all reconciliation including inter-company transactions
 Ensured accounting entries in compliance with International Accounting Standards IAS /IFRS.
 Conducted monthly meetings with other departments on monthly basis in respect of sales, profit credit issues, their targets, achievements and sent minutes of meeting to the board of directors which are being discussed in board meetings.
 Managed ratio analysis and analytical review of the financial statements.

Group Internal Auditor (2003- 2005)
Internal Audit for the group of companies’ (Memory Technology Middle East, Dubai (Jebel Ali), Micro technology corporation, KSA, EMPA Middle East Dubai, Memory Technology company, Lebanon, Enhance Technology System LLC (ETS), Dubai)
Conduct Internal Audit of group of companies, provide observations, Risk Assessment and recommendations
 Procedure and system compliance on observations.
 Policy and procedure implementation
 Present monthly Internal Audit report to Management for weaknesses and compliance.
 Established strong Internal control system and monitored.
 Audited KSA, Lebanon and Iran offices to ensure and maintained proper internal control system.
 Successfully implemented the “Quality management system ISO 9001-2000

Asst. Finance Manager at Mohamed Ismail Mohamad Aslam Ltd. (MIMA)
  • Pakistan - Karachi
  • September 1998 to November 2003

Significant Accomplishments:
• Leather product & process costing functions i.e. from raw material till finished product
• Finalized various financial statements viz. balance sheet / profit & loss account as well as consolidated the same

• Managing GST, Submission returns and Claim refunds and rebates on Exports

Education

Master's degree, Banking & Finance
  • at Preston University
  • January 1998

MBA Banking & Finance

Higher diploma, CA - Part Qualified - BIG4 (Deloitte Touche Tohmatsu)
  • at Institute of Chartered Accountants of Pakistan (ICAP)
  • June 1996

Deloitte Touche Tohmatsu, (M. Yousuf Adil & Co. – HLB), Karachi, Pakistan Performed independent audits of Textile, Banking, Trading, Manufacturing and Travel industries Growth Path: Jul’91-Jun’95 CA – Deloitte - Audit & Accounting Jul’95-Jul ’96 Internal Audit Manager

High school or equivalent, Commerce
  • at National College, Karachi University
  • June 1992

Specialties & Skills

BUDGETING
CASH FLOW
CASH MANAGEMENT
FINANCIAL ACCOUNTING
VAT Specialist

Languages

Arabic
Beginner
English
Expert
Hindi
Expert
Urdu
Expert

Training and Certifications

VAT Training certification (Training)
Training Institute:
Nadia Training Institute - UAE
Date Attended:
August 2017

Hobbies

  • Cricket, Reading books