Riyas Ahamed,

Riyas Ahamed

Location
United Arab Emirates
Education
High school or equivalent, COBA
Experience
14 years, 6 Months

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Work Experience

Total years of experience :14 years, 6 Months

  • My current job since July 2018

International Financial Reporting Standard
* Headed financial accounting and audit works for more than 7 business units
of Al Barari Group including Sustainable Builders, Abwab Real Estate, Al
Wojood Facilities Management, The Farm Restaurant, Green Works LLC,
Heart & Soul SPA, Body Language GYM, & Etcetera Interior Designing, Al
Barari Firm Management LLC
* Headed financial accounting and audit works for 4 business units of M1
Dynamics Group including Koa Real estate, Kono Contracting, Noa
Restaurant, M1 Facilities and Utilities services
* Experience in providing financial & business leadership, strategic consultation
and guidance on financial issues affecting organization; implementing cost
control measures for improvement in top-line and bottom-line
* Proficient in conducting financial analysis, preparing key reports,
implementing systems & procedures and exercising internal control for profit
analysis
* Skilled in projecting accurate cash forecast to ensure that there is no shortage
in hand; expert in taking adequate measures to monitor inflow / outflow of
funds towards accomplishment of company objectives
* An enterprising leader with excellent decision-making, controlling &
problem-solving skills
Financial Accounting
Financial Analysis & Reporting
Internal and External Audit
Payroll Management
Financial Modelling
Process Improvements
Fixed Asset Management
Loan Processing
Accounts Payable & Receivable

Group finance Manager at M1 dynamics group
  • United Arab Emirates - Dubai
  • My current job since July 2018

ExperienceSince July’ 18 with M1 dynamics group ( Koa Real estate, Kono contracting, Noa Restaurant, Facilities Service), Dubai UAE as Group finance Manager Managing accounts and preparing related monthly management reportsProcessing payroll salaries through W.P.S salary systemEvaluating profitability of proposed locations by management based on GM-Operation’s inputsCoaching and reviewing work performed by colleaguesExecuting RERA payments through TAS systemPlanning and executing providing monthly financial statements; administering monthly closing processPreparing and explaining weekly profit & loss projections; establishing product line profit & loss statements for identifyingopportunities and risksReviewing compliance with accounting standards; building a culture of quality for the audit team; ensuring that auditdocumentation was in compliance with quality standards of the firmVat checking and filling monthly basisHighlights:Structured a centralized accounts department for all the business unitsRecognized for bringing back 72 Million Dirham loans back to the company by performing against the mortgagePrevious

Group Finance Manager at Al Barari Firm Management LLC (Abwab Real Estate & Sustainable Builders LLC)
  • India
  • November 2012 to July 2018

Key Result Areas:
* Managing accounts and preparing related monthly management reports
* Formulating yearly budget and outlook review of its achievement, performance analysis, forecasting, CAPEX requirement
and cash flow
* Ensuring that:
o Auditors perform a timely review of financial statements and submitting the same to authorities within deadlines
o Adequate procedures are in place for cycle counting and procedures are adhered during cycle counts
* Processing payroll salaries through W.P.S salary system
* Administering preparation, observation, review, reporting and investigation of issues associated with quarterly stock
* Evaluating profitability of proposed locations by management based on GM-Operation’s inputs
* Coaching and reviewing work performed by colleagues
* Executing RERA payments through TAS system
* Planning and executing monthly / quarterly / annual closure schedules; providing monthly financial statements;
administering monthly closing process
* Preparing and explaining weekly profit & loss projections; establishing product line profit & loss statements for identifying
opportunities and risks
* Reviewing compliance with accounting standards; building a culture of quality for the audit team; ensuring that audit
documentation was in compliance with quality standards of the firm
* Leading multiple audit assignments and monitoring progress of engagements with different clients
* Developing and maintaining strong working relationships with key business decision makers; regularly updating them on
the firm's scope of services
Highlights:
* Completed:
o Audit for construction company for 5 years with KPMG
o RERA Audits for real estate projects
* Structured a centralized accounts department for all the business units
* Recognized for bringing back 145 Million Dirham loans back to the company by performing against the mortgage
* Implemented financial system in company, build smart- enhance the work process
* Ensured completion of statutory audits of 7 business units in UAE as per IFRS requirements and timely filing of Annual
Returns in these countries

Auditor at Audit Firm
  • India
  • May 2009 to April 2012

Audit & Assurance)
Highlights:
* Conducted statutory and non-statutory audits in a wide spectrum of organizations including Manufacturers, banks,
importers, exporters, financial institutes and plantation companies

Education

High school or equivalent, COBA
  • at Madras Christian College
  • January 2012

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High school or equivalent, COBA
  • at C. Kandaswami Naidu College
  • January 2009

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Specialties & Skills

Mortgage Banking
Budget Preparation
Bank Relationship Management
Annual Reports
Payroll
ACCOUNTANCY
CLOSING
COACHING
DOCUMENTATION
FILE MANAGEMENT
FINANCIAL STATEMENTS
MANAGEMENT
PAYROLL PROCESSING
QUALITY

Languages

English
Expert
Hindi
Expert