Finance Director
Al Rashid Trading & Contracting Company
Total years of experience :19 years, 9 Months
• Formulated strategic plans to group’s board based on periodic appraisal of company’s performance and position
• Leads ERP system migration for SAP S/4 Hana Cloud and SAP Analytics Cloud projects on all corporate modules concerned
• Deliver timely financial analytics to effectively measure business performance against strategic priorities
• Lay out financial functional systems by assessing patterns; establishing critical measurements, overseeing financial plans, forecasts, actuals, and monitoring performance to ensure the financial wellbeing and integrity of the organization
• Establish, lead and direct annual budgeting process to review and monitor business performance against it and to ensure delivery of annual financial targets
• Lead and analyze the proposed Investment opportunities and provide advisory recommendations
• Provide meaningful, actionable insights, commentaries, advice, and recommendations on historic and the future financial performance of the business to the board monthly
• Identify and forecast restructuring options, and critically assess key risks and sensitivities
• Responsible for all statutory reporting and liaising with External Auditors as well as Internal Auditors
• Efficient cash management through cash-flow planning and scheduling
• Achieved organizational effectiveness, resource efficiency, cost reduction, revenue optimization by creating and implementing budgets and budgetary controls
• Optimized productivity and resource allocation through managing and controlling the total assets and capex
• Achieved 32% production cost reduction on goods manufactured via cost analysis and tactical planning
• Enhanced profitability with timely suggestions on products’ pricing
• Mitigated organizational risk through implementing internal controls and insurance
• Maintained effective control on the manufacturing process by controlling the Bill of Materials, resources, recipe etc.
• Maintained continuous operations with effective payables, receivables, and inventory management
• Efficient cash management through cash-flow planning and scheduling
• Supervise and regulate all GL accounts and reconciliation periodically
Senior Associate Vice President - A top three global investment bank with a market cap of over USD200bn and revenue exceeding USD25bn.
• Successfully lead a team of 4 Research Analysts to standardize the modeling and research production for the client’s entire Global Equity coverage universe of over 3, 500 companies in a highly time sensitive strategic project
• The team was adjudged the “Most Valuable Team” within the entire company in June 2013 based on several criteria including quality of deliverables, client satisfaction, value addition etc.
Associate Vice President - A leading Global Investment Bank with a market cap above USD50bn and revenue of USD15bn.
• Headed a team of 4 analysts in sell side ASEAN focused Emerging Markets multiple industry (which includes Consumer Staple & Discretionary, Property, Metals & Mining, Media etc.) equity research coverage.
• Aided the client team in achieving a 32% YoY return in 2012.
• Job description included the supervision of the workflow which includes building financial models, drafting end-to-end investment reports, constructing databases, conducting absolute and relative valuation on companies, constructing marketing presentations for client road shows under the coverage universe.
• Conducted Chartered Financial Analyst (CFA) accredited training for trainees as well as existing employees on a periodic basis on financial modeling and valuation modules.
Analyst - A top five Global Investment Bank’s (market cap of USD50bn and revenue surpassing USD10bn) Asian Conglomerates Equity research team which covered some of the largest market cap companies in Asia.
• Conducted valuation on companies which operates in multiple industries such as Property, Hotels, Consumer Discretionary & Staple, Ports, Telecommunications, and Airlines etc.
• Helped the client team in achieving 15% share performance over two years on the most defensive stocks in Asia
• Built and maintained financial models for companies under conglomerates coverage.
• Drafted comprehensive investment thesis based on the valuation of the companies and sectors.
• Achieved commended client satisfaction score successively from the Head of Research - Asia Ex Japan region (over 1, 000 stocks in coverage universe).
• Built and maintained databases using on Bloomberg, Reuters and the investment bank’s specific tools.
• Claimed overall responsibility for the operational finance activities of the entire Maldivian sector (5 resorts) and several Sri Lankan resorts
• Was solely responsible in managing funds exceeding LKR650 million in the hotel refurbishment where the project was successfully completed in terms of budget, quality and time
• Conducted feasibility studies on new hotel projects to ensure shareholder wealth maximization
• Job description included management accounting, budgeting, financial accounting etc.
• Conducted periodic operational and financial performance management on all the hotel properties (owned and managed) within the group and conducted MIS reporting on the results
• Ensured efficient working capital management by coordinating between banks, finance managers, debt collectors and suppliers on timely recovery of receivables, efficient payable payments and effective fund management.
• Was involved in periodic statutory reporting and financial accounting.
• Aided management decision making and the pricing policy by conducting costing on the products and processes.
Bachelor of Business Administration (Honours) - (human Resource Management Special)