Head of Finance
International Medical Company
Total years of experience :15 years, 8 Months
Qatars #1 pharmaceutical company having 115+ retail pharmacies across the country under the brand Kulud. Head of Finance Hired as a finance manager of this twenty-five-year-old company. Transformed unstructured finance department into one humble and hungry department with clear roadmap. Reporting to Owner and CEO. Led 40+ direct reports.
Pioneer group for wholesale and retail trading in the state of Qatar for construction materials. Operates two hospitals in India. Group Finance Controller Reported to Owner and MD. Hired as the finance controller for Qatar. Progressed with additional responsibility for Global Shared Services (India and UAE). Primary point of contact to bankers.
• Aligned the systems and processes across the group and territories.
• Achieved cost savings of $100k in customer discounts & shop capex.
• Boosted EBITDA margin by 230 bps through controls, variance analysis, & resource planning.
• Presented monthly MIS dashboards to Founder and MD.
• Singly Led the integration of SAP Business One across the group.
• Turned around companys working capital metrics! Cut Days Sales Outstanding (DSO) by 30 days resulting in a $1M cash flow boost.
• Centralized, standardized and automated financial processes in SAP Business one which cut cost by 10% while improving audit productivity.
• Achieved book closing under IFRS in 3 days from 10 days.
Group boasts an array of divisions that function synonymously viz Automotive, Equipment, Electrical, & Furniture. Finance Controller Hired as a finance controller for the vehicle & heavy equipment leasing division of the group.
• Slashed repair costs by $160k through vigilant monitoring of underperforming vehicles.
• Achieved a 20% cost saving of $95k by renegotiating vehicle insurance charges.
• Trimmed redundancy costs by 20% via meticulous resource planning, resulting in heightened resource utilization.
• Enhanced EBITDA margins by 180 bps by optimizing intergroup cost markups.
• Presented monthly Management Information System (MIS) dashboards to the CFO, enabling the division to become one of the most profitable units in the company by guiding investment decisions.
• Spearheaded the implementation of the CARPRO ERP system from inception.
One of the largest Omni channel retailers of homegrown brands in the Middle East, with presence in India and South East Asia. Territory Finance Manager Reported to the General Manager, shared services. Lead the finance function for the Qatar territory with an annual turnover of $275mn. Cost optimization strategies and process improvements
• Developed a Loss prevention team which driven bottom-line savings of $1.5mn through reduction of
(Handled India accounts team and reported to the Asia CFO and India CEO)
(Handled entire revenue team and reported to the CFO)
(Core team member under the Insurance IOU accounts team and reported to the IOU Head)
• Implemented cost reductions that realized $300k by streamlining production cost & reducing inefficiencies.
• Prepared periodic financial reports with variance commentary for comprehensive financial analysis.
• Developed 5-year budget/rolling forecasts presented to Asia CFO and Country CEO for strategic evaluation.
• Improved forecast accuracy by 45% by effectively coordinating with operating divisions to shorten the reporting process for monthly closing.
• Achieved 95% reduction in processing time for Credit/Debit Notes using advanced Excel & Macros.
• Collaborated with the parent company to forecast revenue and cost projections for upcoming productions.
• Conducted in-depth analysis of project profitability reports to drive strategic decision-making.
• Expertise in formulating budgets, reviewing financial reports / statements and monitoring cash flows to provide superior business performance & help the teams in designing strategies to improve top & bottom line profitability.
• Pivotal in implementing SAP/Power BI & VAT registration for the group.
• Collaborated with auditors and saved $500k on legacy tax assessment proceedings in India.
Chartered Accountant.
