Naveed Ahmad, Head of Accounting and Finance and Head of Internal Audit positions

Naveed Ahmad

Head of Accounting and Finance and Head of Internal Audit positions

Al Fardan group

Location
United Arab Emirates - Ajman
Education
Master's degree, Finance And Administration
Experience
13 years, 4 Months

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Work Experience

Total years of experience :13 years, 4 Months

Head of Accounting and Finance and Head of Internal Audit positions at Al Fardan group
  • United Arab Emirates - Dubai
  • June 2010 to September 2023

"Head of Accounting and Finance, as well as Head of Internal Audit positions.

(Held pivotal roles in overseeing operations at Hassan Ibrahim Al Fardan Real Estate, Golden Tulip Hotel Apartments, and Al Fardan Jewellery, which encompasses a sophisticated manufacturing facility).

Finance Expertise: Strategic Restructuring Projects: Evaluated and presented specialized restructuring projects to the CEO and Deputy CEO of Al Fardan Group. This involved a comprehensive review and recommendations spanning human resources, revenue streams, accounting, and financial data. Implemented strategies for cost-cutting and developed periodic reporting to address operational, financial, and control deficiencies.

Transformational Leadership: Successfully transformed a loss-making business unit into a profitable entity through strategic restructuring and business process reengineering, optimizing operational efficiency.

Budget Collaboration: Collaborated with the CEO, Deputy CEO, Division Managers, and Sales team for the annual budget preparation process, ensuring alignment with the group’s overarching objectives.

Financial Oversight: Conducted in-depth financial analysis, revenue reporting, and training of accounting staff. Managed budgeting, fund allocation to departments, risk management, policy implementation, and

Cash Flow Management: Oversaw the review, finalization, and monitoring of monthly Cash Flow Statements. Managed payments to suppliers, sub-contractors, payroll, and operational expenses, ensuring liquidity management.

Financial Institution Liaison: Facilitated relationships with financial institutions for the renewal and acquisition of new financial facilities for the group.

Financial Reporting: Prepared and presented monthly management and quarterly In-House Financial Statements. Additionally, presented yearly Consolidated Financial Statements to the board of directors, offering performance insights.

External Audits: Coordinated external audits with auditors to ensure compliance with accounting standards."

Education

Master's degree, Finance And Administration
  • at Institute of Chartered Accountants of England and Wales
  • January 2021

After clearing all the exams and relevant criteria I finally became ICAEW member and current hold ACA (Associate Chartered Accountant) title.

Master's degree, Finance And Administration
  • at Association of Chartered Certified Accountants
  • June 2015

I cleared all the exams and become ACCA member in 2015 thereafter, I completed other milestone and became FCCA in Apr-2020.

Specialties & Skills

Internal Audit
Internal Controls
Finance Sector
Budgeting
COMMUNICATIONS
DATA ANALYSIS
INCOME TAX
INTERNAL CONTROLS
OPERATIONS
PLANNING
PRESENTATIONS
BUSINESS PROCESS REENGINEERING
BUDGETING

Social Profiles

Personal Website
Personal Website

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

Languages

English
Expert

Training and Certifications

FCCA (Certificate)
Date Attended:
April 2020

Hobbies

  • Body building
    Actively doing body building.
  • Cricket
    Currently playing with three different cricket clubs for hard ball cricket.