Fahad Siddiqui, Senior Development Finance & Investment Strategist

Fahad Siddiqui

Senior Development Finance & Investment Strategist

The GPT Group

Location
Saudi Arabia
Education
Bachelor's degree, Accounting & Finance
Experience
16 years, 7 Months

Share My Profile

Block User


Work Experience

Total years of experience :16 years, 7 Months

Senior Development Finance & Investment Strategist at The GPT Group
  • Australia - Sydney
  • My current job since May 2021

The GPT Group is an ASX listed diversified real estate business in Australia with a market cap of $8Bn.

Responsibilities & Achievements
- Secured funding for Retail & Mixed Use Development project worth $300m
- Collaborate with external consultants to advise business on highest and best use of existing land bank above $300m
- Undertaking commerce review of Sydney Darling Park Tower with a project cost of circa $2Bn and 79, 000 square meter of lettable
office and retail space
- Partner with Development Managers to prepare real estate feasibility models (retail, residential, office and mixed use)
- Rolled out a new financial model template for a retail expansion development

Analytical Skills, Analytics, ASX, ASX, Audit, Automation, Balance Sheet, Big 4, Board of Directors Reporting, Budgeting, Business Development, Business Partnering, Business Planning, Business Process Improvement, Business Transformation, CA, Capex, Cashflow, Certified Public Accounting, CFO, Chartered Accountant, Chief Financial Officer, Consolidation, Dashboard Reporting, DCF, Dubai, Due Diligence, EMEA, ERP Implementation, Estate Master, Excel, FCA, Feasibility, Feasibility Studies, Finance Director, Financial Analysis, Financial Control, Financial Controlling, Financial Management, Financial Modelling, Financial Planning, Financial Reporting, Financial Statements, Forecasting, IFRS, Initial Public Offerings, Internal Controls, IPO, IRR, JDE, Key Performance Indicators, KPI, KSA, Leadership, Liquidity Management, Listed Company, Listed Entity, M&A, Macros, Management, Management Accounting, ME, Mergers and Acquisitions, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Microsoft Word, Middle East, Month-end Closing, MS Office, NPV, Oracle, P&L Management, Performance Metrics, Planning, PowerBi / DAX, PowerPivot, PowerPoint, Presentation Skills, Presentations, Project Accounting, Project Control, Project Controller, Project Costing, Project Management, Property, Real Estate, Reconciliations, Reporting, SAP, SAP BPC, Saudi Arabia, Stakeholder Management, Statutory Reporting, Strategic Finance, Strategic Growth, Strategy, Tableau, Tadawul, Tax, Team Leadership, Team Management, Teamwork, Technical Accounting, TM1, Treasury, UAE, United Arab Emirates, Valuation, Variance Analysis, VBA, Working Capital Management, Yardi

Finance Business Partner at Scentre
  • Australia - Sydney
  • October 2019 to May 2021

Scentre Group is an ASX listed business (market cap $14Bn) which owns and operates Westfield Shopping Centres.

Responsibilities
- Full P&L responsibility of shopping centres in NSW and ACT
- Undertake consistent and timely monthly reviews of financials (P&L and Capital)
- Prepare budgets, forecasts and JV reporting, highlight key opportunities and risks to management

Achievements
- Took self-initiative to develop dashboards using PowerBi and analytics tools to overhaul existing reports
- Achieved cost savings of circa $170k in Council Rate expenses across the Australian Shopping centre portfolio
- Resolved complex long outstanding JV partner reporting requirements


Analytical Skills, Analytics, ASX, ASX, Audit, Automation, Balance Sheet, Big 4, Board of Directors Reporting, Budgeting, Business Development, Business Partnering, Business Planning, Business Process Improvement, Business Transformation, CA, Capex, Cashflow, Certified Public Accounting, CFO, Chartered Accountant, Chief Financial Officer, Consolidation, Dashboard Reporting, DCF, Dubai, Due Diligence, EMEA, ERP Implementation, Estate Master, Excel, FCA, Feasibility, Feasibility Studies, Finance Director, Financial Analysis, Financial Control, Financial Controlling, Financial Management, Financial Modelling, Financial Planning, Financial Reporting, Financial Statements, Forecasting, IFRS, Initial Public Offerings, Internal Controls, IPO, IRR, JDE, Key Performance Indicators, KPI, KSA, Leadership, Liquidity Management, Listed Company, Listed Entity, M&A, Macros, Management, Management Accounting, ME, Mergers and Acquisitions, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Microsoft Word, Middle East, Month-end Closing, MS Office, NPV, Oracle, P&L Management, Performance Metrics, Planning, PowerBi / DAX, PowerPivot, PowerPoint, Presentation Skills, Presentations, Project Accounting, Project Control, Project Controller, Project Costing, Project Management, Property, Real Estate, Reconciliations, Reporting, SAP, SAP BPC, Saudi Arabia, Stakeholder Management, Statutory Reporting, Strategic Finance, Strategic Growth, Strategy, Tableau, Tadawul, Tax, Team Leadership, Team Management, Teamwork, Technical Accounting, TM1, Treasury, UAE, United Arab Emirates, Valuation, Variance Analysis, VBA, Working Capital Management, Yardi

Regional Manager Strategic Investments & Business Development ( KSA | Bahrain | Qatar ) at Majid Al Futtaim
  • United Arab Emirates - Dubai
  • November 2017 to October 2019

Majid Al Futtaim owns and operates shopping malls, hotels and entertainment centers across the Middle East, including Ski Dubai.

Responsibilities
- Delivered feasibility for the largest mall in the Middle East, project costing circa $3Bn and 321, 000 square meters of lettable area
- Supporting business development in screening new opportunities
- Reviewed financial models for integrity and challenge key assumptions such as lease rates, construction and operating costs
- Model cash flows for external financing, maintain DSCR ratios, debt/equity ratios, NPV, equity IRR and project IRR
- Managed a team of project accountants

Achievements
- Secured Board Approval funding to proceed with the development of the largest mall in the Middle East
- Improved cash flow management by monitoring and approving supplier payments
- Prepared 5-year financial plan for the Saudi Arabian office

Analytical Skills, Analytics, ASX, ASX, Audit, Automation, Balance Sheet, Big 4, Board of Directors Reporting, Budgeting, Business Development, Business Partnering, Business Planning, Business Process Improvement, Business Transformation, CA, Capex, Cashflow, Certified Public Accounting, CFO, Chartered Accountant, Chief Financial Officer, Consolidation, Dashboard Reporting, DCF, Dubai, Due Diligence, EMEA, ERP Implementation, Estate Master, Excel, FCA, Feasibility, Feasibility Studies, Finance Director, Financial Analysis, Financial Control, Financial Controlling, Financial Management, Financial Modelling, Financial Planning, Financial Reporting, Financial Statements, Forecasting, IFRS, Initial Public Offerings, Internal Controls, IPO, IRR, JDE, Key Performance Indicators, KPI, KSA, Leadership, Liquidity Management, Listed Company, Listed Entity, M&A, Macros, Management, Management Accounting, ME, Mergers and Acquisitions, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Microsoft Word, Middle East, Month-end Closing, MS Office, NPV, Oracle, P&L Management, Performance Metrics, Planning, PowerBi / DAX, PowerPivot, PowerPoint, Presentation Skills, Presentations, Project Accounting, Project Control, Project Controller, Project Costing, Project Management, Property, Real Estate, Reconciliations, Reporting, SAP, SAP BPC, Saudi Arabia, Stakeholder Management, Statutory Reporting, Strategic Finance, Strategic Growth, Strategy, Tableau, Tadawul, Tax, Team Leadership, Team Management, Teamwork, Technical Accounting, TM1, Treasury, UAE, United Arab Emirates, Valuation, Variance Analysis, VBA, Working Capital Management, Yardi

Group Feasibility & Project Control Manager at Emaar
  • Saudi Arabia - Jeddah
  • November 2014 to November 2017

EEC is a PIF backed Giga Project and a subsidiary of the Emaar Group which is the largest real estate developers in the Middle East

Responsibilities
- Directed budgeting for 300+ projects valued at $7.4Bn spanning residential, commercial, industrial, leisure, and mixed-use sectors
- Reviewing feasibilities and cashflow forecasts, identifying risks and suggesting corrective measures
- Partner with business unit heads to prepare and evaluate capex budget of approximately $3Bn
- Advising business by performing ad-hoc financial analysis such as land valuation
- Managing a team of financial analysts in the Feasibility and Project Control team
- Approving purchase requisitions by ensuring they are in line with approved budgets and scope

Achievements
- Improved profitability of struggling projects by back-charging project supervision contract variations of circa $12m
- Delivered Award-Winning PGA Golf Course & Club House costing $213m within budget
- Streamlined project completion reporting resulting in increased revenue and profit
- Worked on IFRS convergence and automation of revenue recognition
- Developed policy to allocate primary infrastructure costs to projects
- Prepared a population model for the development of the city
- Established and led the development of a Project Controls and Feasibility team from its inception
- Effectively conducted impairment impact assessment negotiations for ongoing projects with external auditors

Analytical Skills, Analytics, ASX, ASX, Audit, Automation, Balance Sheet, Big 4, Board of Directors Reporting, Budgeting, Business Development, Business Partnering, Business Planning, Business Process Improvement, Business Transformation, CA, Capex, Cashflow, Certified Public Accounting, CFO, Chartered Accountant, Chief Financial Officer, Consolidation, Dashboard Reporting, DCF, Dubai, Due Diligence, EMEA, ERP Implementation, Estate Master, Excel, FCA, Feasibility, Feasibility Studies, Finance Director, Financial Analysis, Financial Control, Financial Controlling, Financial Management, Financial Modelling, Financial Planning, Financial Reporting, Financial Statements, Forecasting, IFRS, Initial Public Offerings, Internal Controls, IPO, IRR, JDE, Key Performance Indicators, KPI, KSA, Leadership, Liquidity Management, Listed Company, Listed Entity, M&A, Macros, Management, Management Accounting, ME, Mergers and Acquisitions, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Microsoft Word, Middle East, Month-end Closing, MS Office, NPV, Oracle, P&L Management, Performance Metrics, Planning, PowerBi / DAX, PowerPivot, PowerPoint, Presentation Skills, Presentations, Project Accounting, Project Control, Project Controller, Project Costing, Project Management, Property, Real Estate, Reconciliations, Reporting, SAP, SAP BPC, Saudi Arabia, Stakeholder Management, Statutory Reporting, Strategic Finance, Strategic Growth, Strategy, Tableau, Tadawul, Tax, Team Leadership, Team Management, Teamwork, Technical Accounting, TM1, Treasury, UAE, United Arab Emirates, Valuation, Variance Analysis, VBA, Working Capital Management, Yardi

Group Financial Planning & Analysis Manager at Olayan Financing Company (OFC)
  • Saudi Arabia - Riyadh
  • July 2012 to November 2014

OFC is a large private conglomerate business overseeing more than 40 companies engaged in various sectors.

Responsibilities
-Directly reported to CFO and Executive Management (Presidents and Vice Presidents) on an ad-hoc basis
-Coordinated management reporting, budgeting and forecasting of approximately 40 Operating Companies (OpCos) in various sectors including FMCG (Coca Cola, Colgate, Mondelez, Nabsico and Kimberly Clarke), food franchising (Burger King), healthcare (Baxter), energy (Weir and Cummins), engineering, logistics and construction materials
-Reviewed monthly performance of OpCos, obtained understanding of major variances and highlight concerns to management

Achievements
-Prepared 5-year Business Plan to assist management with long term strategy
-Set up the financial planning team and managed financial analysts
-Automated and implemented monthly reporting of key balance sheet and P&L KPIs (e.g. ROCE, working capital, DIO, DSO)
-Implemented SAP BPC
-Updated of financial policies and procedures for the group
-Spearheaded the training, development and supervision of a team of highly skilled financial analysts

Analytical Skills, Analytics, ASX, ASX, Audit, Automation, Balance Sheet, Big 4, Board of Directors Reporting, Budgeting, Business Development, Business Partnering, Business Planning, Business Process Improvement, Business Transformation, CA, Capex, Cashflow, Certified Public Accounting, CFO, Chartered Accountant, Chief Financial Officer, Consolidation, Dashboard Reporting, DCF, Dubai, Due Diligence, EMEA, ERP Implementation, Estate Master, Excel, FCA, Feasibility, Feasibility Studies, Finance Director, Financial Analysis, Financial Control, Financial Controlling, Financial Management, Financial Modelling, Financial Planning, Financial Reporting, Financial Statements, Forecasting, IFRS, Initial Public Offerings, Internal Controls, IPO, IRR, JDE, Key Performance Indicators, KPI, KSA, Leadership, Liquidity Management, Listed Company, Listed Entity, M&A, Macros, Management, Management Accounting, ME, Mergers and Acquisitions, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Microsoft Word, Middle East, Month-end Closing, MS Office, NPV, Oracle, P&L Management, Performance Metrics, Planning, PowerBi / DAX, PowerPivot, PowerPoint, Presentation Skills, Presentations, Project Accounting, Project Control, Project Controller, Project Costing, Project Management, Property, Real Estate, Reconciliations, Reporting, SAP, SAP BPC, Saudi Arabia, Stakeholder Management, Statutory Reporting, Strategic Finance, Strategic Growth, Strategy, Tableau, Tadawul, Tax, Team Leadership, Team Management, Teamwork, Technical Accounting, TM1, Treasury, UAE, United Arab Emirates, Valuation, Variance Analysis, VBA, Working Capital Management, Yardi

Transaction Advisory Services Executive at ERNST & YOUNG
  • Saudi Arabia - Jeddah
  • November 2011 to July 2012

Responsibilities & Achievements
-Engaged in a pre-acquisition buy-side financial due diligence for one of the largest motor oil producers in Saudi Arabia
-Performed pre-acquisition due diligence for a FTSE 100 events management listed company
-Reviewed client deliverables including proposals, reports and financial models

Analytical Skills, Analytics, ASX, ASX, Audit, Automation, Balance Sheet, Big 4, Board of Directors Reporting, Budgeting, Business Development, Business Partnering, Business Planning, Business Process Improvement, Business Transformation, CA, Capex, Cashflow, Certified Public Accounting, CFO, Chartered Accountant, Chief Financial Officer, Consolidation, Dashboard Reporting, DCF, Dubai, Due Diligence, EMEA, ERP Implementation, Estate Master, Excel, FCA, Feasibility, Feasibility Studies, Finance Director, Financial Analysis, Financial Control, Financial Controlling, Financial Management, Financial Modelling, Financial Planning, Financial Reporting, Financial Statements, Forecasting, IFRS, Initial Public Offerings, Internal Controls, IPO, IRR, JDE, Key Performance Indicators, KPI, KSA, Leadership, Liquidity Management, Listed Company, Listed Entity, M&A, Macros, Management, Management Accounting, ME, Mergers and Acquisitions, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Microsoft Word, Middle East, Month-end Closing, MS Office, NPV, Oracle, P&L Management, Performance Metrics, Planning, PowerBi / DAX, PowerPivot, PowerPoint, Presentation Skills, Presentations, Project Accounting, Project Control, Project Controller, Project Costing, Project Management, Property, Real Estate, Reconciliations, Reporting, SAP, SAP BPC, Saudi Arabia, Stakeholder Management, Statutory Reporting, Strategic Finance, Strategic Growth, Strategy, Tableau, Tadawul, Tax, Team Leadership, Team Management, Teamwork, Technical Accounting, TM1, Treasury, UAE, United Arab Emirates, Valuation, Variance Analysis, VBA, Working Capital Management, Yardi

Audit & Advisory Senior at Kpmg
  • Ireland - Dublin
  • November 2007 to November 2011

Responsibilities & Achievements
- Understanding and evaluating the control environment, performing substantive audit testing and drafting board reports
- Managed and lead teams of up to 10 and directed audits of funds exceeding $3Bn in net asset value.
- Experience of IFRS and UK / Irish / Canadian and US GAAP

Analytical Skills, Analytics, ASX, ASX, Audit, Automation, Balance Sheet, Big 4, Board of Directors Reporting, Budgeting, Business Development, Business Partnering, Business Planning, Business Process Improvement, Business Transformation, CA, Capex, Cashflow, Certified Public Accounting, CFO, Chartered Accountant, Chief Financial Officer, Consolidation, Dashboard Reporting, DCF, Dubai, Due Diligence, EMEA, ERP Implementation, Estate Master, Excel, FCA, Feasibility, Feasibility Studies, Finance Director, Financial Analysis, Financial Control, Financial Controlling, Financial Management, Financial Modelling, Financial Planning, Financial Reporting, Financial Statements, Forecasting, IFRS, Initial Public Offerings, Internal Controls, IPO, IRR, JDE, Key Performance Indicators, KPI, KSA, Leadership, Liquidity Management, Listed Company, Listed Entity, M&A, Macros, Management, Management Accounting, ME, Mergers and Acquisitions, Microsoft Excel, Microsoft Office, Microsoft PowerPoint, Microsoft Word, Middle East, Month-end Closing, MS Office, NPV, Oracle, P&L Management, Performance Metrics, Planning, PowerBi / DAX, PowerPivot, PowerPoint, Presentation Skills, Presentations, Project Accounting, Project Control, Project Controller, Project Costing, Project Management, Property, Real Estate, Reconciliations, Reporting, SAP, SAP BPC, Saudi Arabia, Stakeholder Management, Statutory Reporting, Strategic Finance, Strategic Growth, Strategy, Tableau, Tadawul, Tax, Team Leadership, Team Management, Teamwork, Technical Accounting, TM1, Treasury, UAE, United Arab Emirates, Valuation, Variance Analysis, VBA, Working Capital Management, Yardi

Education

Bachelor's degree, Accounting & Finance
  • at University Of Essex
  • July 2007

Awarded First Class Honors

Specialties & Skills

Investments
Real Estate Development
Finance
Real Estate
Feasibility Studies
Leadership
Team Management
Finance Modelling
ACCOUNTING
MICROSOFT WORD
AUTOMATION
DUE DILIGENCE
FEASIBILITY STUDIES
MICROSOFT POWERPOINT
MICROSOFT EXCEL
STATUTORY REPORTING
Strategy
Team Leadership
Mergers & Acquisitions (M&A)
Finance

Social Profiles

Personal Website
Personal Website

URL removed due to policy violation. Please contact support for further information.

Languages

English
Expert
Arabic
Expert

Memberships

Chartered Accountants Ireland
  • FCA
  • May 2012
Chartered Accountants Australia and New Zealand
  • CA
  • May 2012

Hobbies

  • Community Work