khurram qureshi

Bukhatir group is a respected business group in the emirate of Sharjah with diverse portfolio ranging
from Real estate to retail and from education to health care.
My Current Profile includes supervising and directing the financial direction of three companies under the
Bukhatir Group.Currently reporting to

Monthly Management reports and Reports to the Group
➢ Producing accurate financial reports to specific deadlines.
➢ Assisting in formulating strategic and long term business plans.
➢ Conducting reviews and evaluation of cost reduction opportunities.
➢ Budget Preparations for three companies.
➢ Spearheaded installation and development of budgeting and reporting software.
➢ Involved in commercial meetings to help negotiate favorable deals.
➢ Assisting MD’s and GM for any financial & Operational aspect of organization.
➢ Preparation of Monthly and annual cash flows.
➢ Monitoring interpreting cash flows on a periodic basis and predicting future trends.
➢ Providing suitable short term and long term solutions for cash management.
➢ Arranging and Monitoring bank financing in close coordination with HO.
➢ Developing financial management mechanisms that minimize financial risks.
➢ Providing inputs and implementing policies and procedures for all areas of business processes in
close coordination with HO.
➢ Preparation of economic and financial feasibility study for major investment/Major venture.
➢ Participating in commercial aspect of the company and analyzing competitors and market trends.
➢ Check & validate terms of contracts for sales and purchase recommend necessary clauses to safe
guard company interest.
➢ Developing external relationships with appropriate contacts eg auditors, lawyers and bankers.
➢ Liaising with HO and Provide necessary information.

Ghantoot Landscaping ( A group company of

Notable Achievements during my tenure with Ghantoot Landscaping:
• Handled All responsibility of Finance and Accounts Manager
• Changed our operating style, let go of nonperformers, listened to the market and
eventually we were able to turnaround the business into streamlined, growing and
profitable organization;
• Delivered measureable month-over-month improvements under very challenging
conditions;
• Rebuilt and rejuvenated staff into a unified top-performing, highly motivated TEAM;
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• Directed Financial strategies, business growth plans and revamping of corporate website;
• Gained respect as a proponent of empowerment and accountability;
Scope of diverse responsibilities and achievements as FC include: -
➢ Maintaining close contact with the GM/Board Members/Shareholders on all Strategic Business
Plans.
➢ Involved in all major corporate decisions and strategic policy making.
➢ Arrangement of Corporate and Project related financing.
➢ Arranging cash as and when needed by deferring commitments to STL or by the virtue of
discounting PDC and PPC received.
➢ Preparation of yearly budget in coordination with the General Manager and ensuring
transformation of projections into reality by Monthly and weekly reports.
➢ Responsible for fulfilling companies and projects banking requirements including but not limited
to securing Guarantees, LC, LTR, LAD and using various tools like check discounting and PPC
discounting to support cash flows to cope with unforeseen shortfalls.
➢ Managing Supplier relations of over 190 Suppliers Stream lining payments on time and
negotiating flexibility in payment terms as when necessary.
➢ Maintaining and developing various filtered reports to facilitate priorities of payments to
suppliers based on project plans and collection schedules while protecting business relations.
➢ Maintaining close contact with clients and customers to facilitate collection.
➢ Preparing and monitoring cash flows with conservative, realistic and ambitious considerations to
bring management attention to all near future scenarios
➢ Development of an overall Payroll Department fulfilling legal compliance along with Leave and
EOSB calculations.
➢ Advising IT, Procurement and HR department on all critical matters
➢ Analysis and reporting on trends and business unit performance evaluation.
➢ Designed & implemented an annual budget process that supported forecast.
➢ Full responsibility for accurate, complete and timely submission of management, financial and
treasury reporting.
➢ Project costing and identifying areas of cost savings.
➢ Close monitoring and review of KPI’s and risk management plan.
➢ Cash flow management and forecasting; developed a reliable cash flow projection process and
reporting mechanism. Optimize the handling of banking relationships and initiate appropriate
strategies to enhance cash positions.
➢ Detailed Scrutiny of Trail Balance Every month in order to facilitate the Audit and match
schedules.
➢ Development & Implementation of control systems to monitor financial performance, working
capital analysis, adherence to budget, expenditures, revenue, cost of sales and other budgetary
items.
➢ Responsible for preparing budgets, financial analysis.
➢ Supervision and maintenance of accounting record in accordance with IFRS for 5 Companies.
➢ Coordinating with internal and external auditors.
➢ Inter Company reconciliation.
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➢ Ensures that company complies with all legal and regulatory requirements.

Axiom Telecom is the largest and leading, authorized distributor and retailer for international
brands such as Nokia, Sony Ericsson, Samsung, Motorola, Thuraya and HTC. Axiom specializes in wireless
communication products and boasts more than 500 outlets in prime retail locations across the region.
My job achievements and responsibilities included: -
➢ Supervision and maintenance of accounting records in accordance with IFRS,
➢ Over all responsibility for accounting activities of service city and phone care.
➢ Preparing income statement, balance sheet and Cash Flow statement.
➢ Involved in the Implementation of an effective ERP Oracle solution.
➢ Development & reporting of KPI metrics
➢ Inter Company Reconciliation.
➢ Preparing the points of control every month for better control and to facilitate the Auditors.
➢ Comparing Actuals with budget every month and YTD figures.
➢ Reviewing various financial records and assigning the credit limit based on authority matrix.
➢ Perform extensive financial analysis, adjustment and reconciliation of accounts.
➢ Paying a surprise visit to other regions, like Abu Dhabi, and Northern emirates, to verify the
showroom stock, petty cash and other inventories in the stores.
➢ Coordinating with Finance Manager and working on financial Management and Planning.
➢ Preparation of Monthly target plan for improvement and implanting new procedures and
controls.
➢ Working as team member for implementing and staining the 5S system and EFQM.
➢ Assisting the Management for preparation of Budget.
➢ Visited and handled Complete Kuwait Accounts as backup accountant.
➢ Visited and handled Complete Qatar Accounts as Senior Accountant.
➢ Visited and handled Ras al khaimah accounts as backup Accountant.
➢ Visited and handled Abu Dhabi accounts as backup Accountant.
Additional Responsibilities
• Visited and handled Complete Kuwait Accounts as backup accountant.
• Visited and handled Complete Qatar Accounts as Senior Accountant.
• Visited and handled Ras al khaimah accounts as backup Accountant.
• Visited and handled Abu Dhabi accounts as backup Accountant.
• To coordinate, control and publish Good change and customer satisfaction team member for