SAJID KAZI

Roles and Responsibilities

o Analysis of Revenue, Cost & Subsidy for all products and promotions

o Preparing IAS18 and IFRS15 handset revenue and subsidy reports

o Variance analysis of actual budget against forecast.

o Financial consolidation, Inter-Company and SPV’s transactions.

o Led Preparation of Statement of Cash balances and Loan movement of all OPCO’s

o Supervising system reconciliations and ensuring completeness of Sales transactions

o Preparing Management reports needed for budgeting & forecasting

o Led Preparation of Management Reports & Data for Cognos Reporting to the Group.

o Heading Inventory Management & Processes

o Month-end Closing Activities, Analysis of Accounts and reconciliations

o Closure of Internal and External Audit points.

Finance Budgeting & Planning, Capex and Opex.

o Co-ordinating with key stakeholders to develop budgets and forecast, preparing detailed split by
departments, uploading the budget in ERP system, devising right capital allocation
methodologies and proactively monitoring of variances against the approved budget.

o Preparing Management reports needed for budgeting & forecasting

o Analysis of Revenue, Cost and budget variances

o Mapping and updating all retail transactions in ERP

o Inventory management, updating policies and process compliance.

Role: Led preparation of:
• Daily reports involving current cash position, fund requirements & allocation in different countries for efficient fund & cash flow management.
• Monitoring the inflow & outflow of funds and ensuring effective working capital management and optimum utilization of available funds towards the accomplishment of corporate goals
• Treasury reports involving current cash position, fund requirements & allocation in different countries for efficient fund & cash flow management.
• Weekly reports involving Term Loan Debts, Cash Position, Forex Deals, Average Forex Buying, funds requirements in all countries which aids Treasury Manager in order to assess weakness and take corrective actions
• Supplier payment instructions and advising Finance Division to meet payments within specified date, countries & currency
• Spot/future deal letters and incorporating the same into daily reports
• Administered & reconciled accounts, updated balances and incorporated the requirement in the daily reports
• Looked after loans renewal taken under Mudaraba Financing Agreement and Islamic Method.

Involved in:
• Making purchases and transfers within Alshaya Group and 3rd Party Payments through Hexagon, HSBC Net (HSBC Application System), Transfer letters, Net Banking, etc.
• Providing fund movement report to Retail and Trading Divisions involving Funds Moved, Deals Entered and New Loans Taken/Rolled & Settlement
• Coordinating with Finance Department and giving instructions / advice to meet the requirement of Supplier Payments, Capital Expenditure, Sales Fees, Salaries, Rent, Customs & Clearance, Insurance, etc.

Managing the Process of Opening Saving Accounts, Depository
Accounts, Demat Accounts (Net Banking) & HDFC Security A/Cs.

Job Profile : Reconciliation of Payments/Receipts of Bank
1. Reconciliation’s of Bank Statement, Payments/Receipts of Third party (brokers).
2. Preserving Bank Deals against the Foreign Currency Purchases/Sales mentioning
the Face-Value of the foreign currency purchased/sold.
3.Issuing/collections of cheques under the supervision of Foreign Exchange manager
against bill (Bank Deal) after maturity date.
4. Monitoring frequent changes in the Exchange Rates and updating the Executive Systems.