Shabbar Hussain

Reporting to the Group CEO.
• Lead the group finance function across UAE and Maldives entities, managing a team of 15 finance
professionals.
• Own end-to-end financial reporting — consolidated income statements, balance sheets, and cash flow
statements — across multiple entities and jurisdictions, in compliance with IFRS.
• Develop and manage project-level budgets, forecasts, and financial models to assess feasibility and
profitability of yacht-build projects; monitor variances and drive corrective action with project managers.
• Built and lead the group product and project costing framework, including variance analysis across labour,
materials, and overheads.
• Drove finance automation initiatives — invoice booking, bank reconciliations, revenue reconciliation, and
approval workflows — reducing manual effort across the finance team.
• Oversee group cash flow and treasury, optimising liquidity while meeting working capital and debt
obligations.
• Coordinate annual statutory audits with Big 4 auditors and ensure compliance with UAE Corporate Tax, VAT,
and other regulatory filings.
• Support fundraising and project financing — preparing loan applications, investor presentations, and lender
financial models.
• Partner with the Group CEO and business heads on cost reduction, revenue enhancement, and performance
improvement initiatives.

• Develop and manage project budgets, forecasts, and financial models to assess project feasibility and profitability.
• Monitor project expenses, track variances, and implement corrective actions as needed.
• Prepare accurate and timely financial reports, including income statements, balance sheets, cash flow statements, and other relevant financial information.
• Collaborate with project managers and other teams to ensure financial alignment with project goals and objectives.
• Oversee cash flow management, optimizing liquidity while meeting financial obligations.
• Coordinate financial audits and tax filings, ensuring compliance with relevant regulations Big Four Auditors.
• Analyse financial data to provide insights and recommendations for cost reduction, revenue enhancement, and overall financial performance improvement.
• Assist in securing financing for projects, including preparing loan applications and financial presentations for investors and lenders.
• Stay updated on market trends, economic indicators, and regulatory changes that Can Impact company in Long run.
• Manage a team of finance and account officers, providing guidance, training, and performance evaluations.
• Responsible for computing product costing and project costing, further analysing the variations.
• Responsible for Inventory control & reconciliation

• Managed surveillance and risk operations for sub-broker positions and margin monitoring across cash and
derivatives markets.
• Prepared and circulated daily MIS reports to management; oversaw BOD/EOD processing and custodian
operations.

• Activity involved leading entire Finance and Accounting operation of the company.
• Handling the Treasury function and dealing with bank facilities.
• Preparation of cash flow forecast and weekly monitoring of variation.
• Monthly preparation of Management Accounts for 3 divisions. MIS reporting to MD and GM
• Responsible for preparation of annual Budgeting and Business Plan and further analysis of variances monthly.
• Set up of proper Accounting Policy and Internal Control SOP to comply with UAE VAT law..
• Preparation of VAT reports & Filling VAT returns
• Responsible for computing product costing and project costing, further analysing the variations.
• Responsible for Inventory control & reconciliation.
• Evaluation of Contracts with customer & Suppliers.
• Identifying Area of cost cutting and improve efficiency.
• Lesioning with Internal & External Auditors with Big Four Firms.
• Supervision of Legal documents Renewal e.g Trade Licence, Vehicle Registration, Insurances Etc

Manufacturer and exporter metal
• Led the entire finance and accounting operation across Middle East and Singapore entities.
• Managed treasury function, banking relationships, and credit facilities; produced and monitored weekly cash
flow forecasts.
• Prepared monthly management accounts and MIS reporting across three business divisions for the MD and
GM.
• Owned the annual budgeting and business planning cycle with monthly variance analysis.
• Designed accounting policies and internal control SOPs aligned to UAE VAT law; managed VAT return
preparation and filing.
• Built and maintained product and project costing models, with variance investigation and reporting.
• Evaluated commercial contracts with customers and suppliers; identified cost-saving and efficiency
opportunities.
• Liaised with Big 4 internal and external auditors and managed group inventory control and reconciliation.

• Activity involved leading entire Finance and Accounting operation of the group.
• Handling the Treasury function and dealing with bank facilities.
• Preparation of cash flow forecast and weekly monitoring of variation.
• Monthly preparation of Management Accounts for 3 divisions. MIS reporting to MD and GM
• Responsible for preparation of annual Budgeting and Business Plan and further analysis of variances monthly.
• Set up of proper Accounting Policy and Documentation, also to comply with UAE VAT law..
• Preparation of VAT reports & Filling VAT returns
• Responsible for computing product costing and project costing, further analysing the variations.
• Responsible for Inventory control & reconciliation.
• Setup of Internal Control and work flow process across various departments and automated various activities.
• Evaluation of Contracts with customer & Suppliers.
• Identifying Area of cost cutting and improve efficiency.
• Receivable & Payable Ledger reconciliation.
• Lesioning with Internal & External Auditors with Big Four Firms.

Plastic tanks, panels, and fibreglass manufacturing group — injection, blow, and roto moulding — with production of 1, 500
MT across three divisions and 11 retail branches in the UAE.
• Led the full finance and accounting function across three manufacturing divisions and 11 retail branches.
• Managed treasury operations, bank facilities, and weekly cash flow forecasting.
• Prepared monthly management accounts and MIS for the MD and GM across all three divisions.
• Owned annual budgeting, business planning, and monthly variance analysis.
• Designed and implemented internal controls and cross-departmental workflow automation, including VAT
compliant accounting policy and documentation.
• Computed product and project costing; investigated and reported variances.
• Managed inventory control and reconciliation, receivables and payables ledgers, and supplier/customer
contract reviews.
• Coordinated annual statutory audits with Big 4 firms.

Actively involved in proper maintenance of books of accounts and time line based monthly financial reporting to CEO and Board. Forecast working capital requirement of the company. Company is having production capacity for 2500 MT per Month.

 Responsible for Financial Management and end to end preparation, Finalisation, and consolidation of complete Book of Accounts in accordance with IFRS/IAS.
 Responsible for monitoring timely and accurate accounting and recording for day to day transactions
 Cash Flow Management and forecasting.
 Responsible for proper procurement planning and negotiation with suppliers.
 Responsible for Receivable and Payable control i.e credit policy for customers and negotiating terms with suppliers.
 Responsible for preparation of Management Accounts & MIS Reporting
 Responsible for monthly inventory/stock reconciliation, Monthly Inventory Ageing.
 Hand on Experience in VAT implementation and set up of proper Accounting Policy and Documentation to comply with UAE VAT law.
 Responsible for preparation of annual Budgeting and Business Plan and further analysis of variances monthly.
 Identifying Area of cost cutting and improve efficiency.
 Responsible for calculating standard costing and analysing variance thereof.
 Responsible for handling both External and Internal Audit for year end with Big Four Firms.
 Responsible for looking into legal, Licencing and other ministerial approvals.
 Payroll Processing.
 Acting as a Board Secretory for board Meetings.

Achievements
o Independent VAT implementation.
o Develop Accounting Policy for the company which previously didn’t exist.
o Built and customised system of Accounting ( FOCUS) in the Company as per company policy and IFRS requirement.
o Automated and Develop Layout of Various Documents in Software such as Performa Invoice and LPO’s, Job Cards which is being done manually previously.
o Link the Documents in the FOCUS to generate various reports.
o Set the Internal Control for the company and develop proper Inventory management procedure.

Oil and lubricant manufacturing JV with production capacity of 2, 500 MT per month. Reported to CEO and Board.
• Owned end-to-end financial management, finalisation, and consolidation of books in line with IFRS / IAS.
• Established the finance function from the ground up — designed the companys first accounting policy
framework, internal controls, and inventory management procedures.
• Independently led UAE VAT implementation — accounting policy, system configuration, documentation, and
return filing.
• Built and customised the FOCUS accounting system to align with company policy and IFRS reporting
requirements.
• Automated key document layouts (proforma invoices, LPOs, job cards) and linked them within FOCUS to
drive automated reporting.
• Managed annual budgeting, business planning, and standard costing with variance analysis.
• Oversaw procurement planning, supplier negotiations, receivables and payables, and credit policy.
• Handled cash flow management, payroll processing, and ministerial / licensing approvals.
• Coordinated Big 4 statutory and internal audits and acted as Board Secretary for Board meetings.

 During my association with KPMG Assurance team, I worked on number of audit engagements involving critical deadlines and complex consolidations. I was involved in many Group/ Head Office level audits of large groups and MNCs across sectors comprising Manufacturing, Retail, Real Estate, Construction and Investment Holding entities.
I was rated as exceptional performer for all the years that I worked for KPMG..
 Responsible for handling Statutory Audits, Internal Audits and preparation of Audit Reports.
 Managed & Setup of system, for end to end preparation, Finalisation and consolidation of complete Book of Accounts in accordance with Accounting Standards, for clients.
 Assisted in Concurrent Audit of Banks..
 Assisted in providing financials consultancies related to Setting of Internal Controls, Drafting Accounting Policies of various Manufacturing Companies, Hospitals and Food Processing Company.

• Led statutory and internal audit engagements with critical deadlines and complex group consolidations
across manufacturing, retail, real estate, construction, and investment holding sectors.
• Worked on group / head-office level audits of large Indian groups and MNCs.
• Supported clients on system setup, consolidation, IFRS reporting, internal controls, and accounting policy
drafting.
• Conducted concurrent audits of banks.
• Rated as an exceptional performer in every annual review.

• Conducted statutory and internal audits for companies and partnership firms — vouching, ledger scrutiny,
finalisation, and audit reporting.
• Gained foundational experience in Indian direct and indirect taxation (VAT, Service Tax, Excise).