Shahzadi Lubna Bari

Providing leadership and mentorship to finance department by building a highly professional team, setting up finance policies and procedures. Developed, implemented, utilize powerful management tools to track financial & operational data - including sales forecasting platform, integrated budget models.
Responsibilities:
• Preparing and managing annual budget; annual budget consolidation and quarterly forecast of the group (UAE, KSA and USA)
• Performing financial planning and analysis of the companies operating in various industries like extended warranty, insurance, and car dealers.
• Working closely with all heads of department for performance analysis and its reporting.
• Preparing and analysing monthly variance report and its presentation.
• Leading day-to-day operations of the finance team of two branches UAE and KSA to help achieve the business objectives with focus on both business partnering and finance governance.
• Cash flow and working capital managements of the company.
• Structured and streamlined redundant day-to-day operations resulting in more accurate and timely financial information used in monthly financial reporting package.
• Overseeing annual and quarterly external audit and internal audit process and its reporting to Insurance Authority and SAMA.
• Developing and evaluating employees; performance and workloads; determining work priority; implementing changes to improve productivity and increase efficiency.
• Testing of effectiveness of internal control in various business process and enhancing accordingly.
• Financial feasibility and modelling for new business lines and acquisitions.
• Managing compliance activities like licensing requirements, including but not limited to commercial licenses, brokerage licenses, lease agreements, insurance policies, and other authority-specific certificates, of companies under the Group.
• Reviewing of VAT, ZAKAT and GOSI working.
• Reviewing of all contracts related to business.

• Acknowledged as Employee of the year in 2017.
• Dexterously handling project focused on automating the services invoice creation based on biometric data to save man-hours and papers.
• Working on business process re-engineering of finance and HR process to stream line the processes with greener plant.
• Introduces the unit costing concept and benchmarking of the unit cost of different drivers for financial and project analysis.
• Carryout business line evaluation for selling purposes. i.e Royal Valtrans, Bengaluru.
• Carryout financial analysis and modeling for startup of new business line. i.e My Maid, Dunes Valet Services, Valet services of Riyad Water Front in KSA.

Responsibilities:
• Carrying out financial feasibility for new investment opportunities and Capex analysis.
• Financial Analysis and modeling of new business products & Business line.
• Provided value-added analyses for new product and business lines strategic planning and expense management.
• Monthly Analysis of KPIs and revenue of all business lines.
• Shouldered with the overall accountability of conducting Financial Analysis of Group Company Accounts and revenue lines.
• Exploring profitable opportunities and working on the financial models to achieve organizational and growth objectives.
• Conducting monthly Actual vs. Budgeted Analysis.
• Location wise Profitability analysis based on unit costing concept.
• Coordinating with BI and oracle Team for Financial and Human Recourse related Reports development.
• Carrying out financial Analysis for audit assignments in compliance with the International Internal Audit Standards.
• Reviewing of accounts/services for new and existing clients.
• Responsible for initiating monthly tending analyses, revenue performance, attainment and growth opportunities.
• Delivering support to organization in improving operations by bringing a disciplined approach to the effectiveness of internal control.
• Reviewing and appraising group service contracts and LPOs.
• Looking after Monthly Payroll and Time Sheets.

Manager Finance - Budget & Analysis

ACHIEVEMENTS
• Dexterously carried out EBITDA and Profit Break Even Analysis for Company based on activity level and time period.
• Developed 3 years and 5 years business plans for different activity levels to support the business and financial strategy.
• Pioneered segment/cost center-based reporting concept to enhance responsibility.
• Developed and implemented Excel based budget model and dashboards; outlined and aligned company chart of accounts for budgetary control and analysis purpose.
• Awarded as a “Employee of The Month”.
• Awarded in China Mobile for 5 years of consistent performance, 2012

TASKS
• A member of strategy team for the analysis of specific strategic options for the organization in line with financial modeling and monitoring strategic plan, structuring and evaluation of key initiatives
• Shouldered with the overall accountability of developing and driving one- and three-years strategic plan for the company
• Dexterously facilitating the detail analysis of the telecom research, build financial models, perform product financial analysis while working with finance, HR, Operation, capital budgeting, fixed assets and other functions to achieve strategy objectives
• Instrumentally accomplished the Financial Analysis and devised Cost Control Strategies.
• Accountable for developing and consolidating annual budget, quarterly forecast, and ongoing EBITDA numbers.
• Accompanied financial evaluation of various capital expenditure proposals and its submission to SMT to ensure that the capital expenditure is within the assigned budget.
• Conducted Annually & quarterly analysis of competitors and industry and its reporting to management for benchmarking.
• Prepared and analyzed commercial and financial KPIs and Reported to board for financial controls & to facilitate decision-making.
• Analyzed and reported the financial results of periodic operations including revenues, margin analysis, and product line profitability, operating profit and balance sheet activities.

Manager Finance - Payable

ACHIEVEMENTS
• Significantly contributed in saving $1.6M by reforming processes and SOPs
• Awarded CEO special award for committed performance in 2012
• Efficaciously automated web-based invoice tracking system, automated employees’ expense claims reimbursement.

TASKS
• Successfully directed the payable Function with 11 direct reports and managed centralized multi-currency payments of USD 600 Million per annum.
• Managed the precise and timely processing of up to 7, 000 multi-currency payments (by 3 way matching) per month in compliance to federal and state regulations.
• Liaised with group bankers, auditors, government institutes and other entities; maintained good relationship with them.

Developing and evaluating employees; performance and workloads; determining work priority; implementing changes to improve productivity and increase efficiency

• Led complex Zero-Based Budgeting process.
• Managed development and implementation of new financial reporting system for budget tracking at purchase requisition (PR) level.
• Managed all monthly, quarterly, and annual company financial results analysis.
• Responsible for monthly KPIs analysis and its report to senior management.
• Responsible for monthly reports for Trend Analysis, variance analysis from budget and forecast.
• Analysis of tariffs and pre-& post launch cost benefits analysis for different marketing Promotions/Campaigns
• Facilitate month end activities by making appropriate amendments/adjustments to general ledger accounts & cost centres to reflect a correct picture of the financial ledger.
• Cost Benefit Analysis (CBA) of Corporate Clients and its reporting to HODs
Review of Franchise Commission policies and its post implementation analysis
Financial evaluation of various capital expenditure proposals & its submission to EMT to ensure that the capital expenditure are within the assigned budget