Mohamed Fazmir CFA

Recruited as Senior Accountant and promoted after 3-months to Group Budget Controller. Promoted to Group Financial Controller in 2014 reporting first to the CFO and more recently directly to the CEO.

◼️ Key deliverables include: audit, tax, stat reporting, compliance, financial planning, analysis (FP&A), corporate finance management, working capital, treasury, and shareholder relations.
◼️ Provide leadership and direction to a multi-skilled team that includes a Financial Controller for each business unit with clerical teams below them.
◼️ Ensured and mitigated BREXIT impact and recent Forex risks through adequate contractual terms and conditions and timely remittances to the HO.
◼️ Successfully lead Oracle ERP Fusion (Cloud Based) implementation project for the Group and its subsidiaries in multiple countries, the modules implemented ERP Finance, Procurement & Projects.
◼️ Project appraisals include: Saudi MOFA Visa outsourcing Project (32 Countries), F&B Projects (SSP), Airport Projects ( Duty Free Aer Rianta, Baggage handling - Excess Baggage UK)), Airport Lounges (Domestic, International & Jeddah New terminal ), Swissport Ground Handling Project, Saudi Labour Ministry Projects & Ministry of Hajj & Umrah PPP Project.
◼️ Successfully handled M&A deals from valuation to deal closure, acquisition of target companies in Egypt, Tunisia & Libya. Divested Group subsidiaries across MENA & SEA.
◼️ Developed all financial policies and procedures for the Group and its subsidiaries and ensured the configuration in ERP application.

◼️ Managed entire Private Provident Funds and client money investment portfolio (value Rs. 500Mn), ensuring capital preservation with optimal return within acceptable risk profiles and in compliance with the Firms Policies and Labour Law regulations.

◼️ Successfully changed the legacy manual financial accounting process into a computerised accounting environment and headed the data conversion project of the last five years enabling the Partners and Legal Associates to take proactive decisions by introducing financial measures and reports.

Early Carriers