Assistant Vice President (AVP)
First Abu Dhabi Bank
Total years of experience :28 years, 4 Months
Representing a 22 man Finance team reporting directly to the CFO/CEO and had 20 persons under my supervision. My role to ensure following are performed:
Implement best practice processes for planning, budgeting, forecasting, performance monitoring & analysis to ensure a strong control & planning function across the organization
Provide leadership, direction and general oversight for all financial matters to the team
Serve as a member of the executive leadership team reporting directly to the CEO on number of initiatives. Advising on long-term business and financial planning
Provide updates and presentations to key stakeholders, Senior Leadership, and Executive Management on FP&A development roadmap
Provide visibility and advise on financial affairs to ensure they are operationally effective in order to achieve short and long-term objectives of the organization
Developed key business performance metrics to facilitate better understanding of business performance measured against targets, strategies & trends
Leading the annual budget preparation activity, conduct meetings with business, collating & reviewing information. Prepare segmental & consolidated Budget for group consolidation
Manage treasury function by effective cash flow forecasting to ensure availability of funds
Prepared annual plan, quarterly forecast and long term plan, challenging assumptions and supporting in addressing financial implications of strategic decisions
Implement effective Business Intelligence & IT infrastructure to support business objectives
Participate in business reviews & facilitate and improve Revenue management initiatives
Critically examine & help strengthen systems, workflows, procedures, policies & controls
Oversee changes required to Accounting Policies & Processes from changes in Accounting Standards, maintain existing policies & create new internal policies to observe compliance
Ensured business activities are compliant with VAT framework by monitoring the quality of data & reports prepared, managing timely submission of all VAT returns & payments, timely implementation of VAT legislation changes & Acting focal point of contact for VAT queries.
Actively coordinated with Asset owners to discuss Market insights, Asset performance, Portfolio analysis, Revenue forecasting, risk exposures and investment returns
Preparing analysis of insurance quotes for cost optimization & extended coverage
Help in tracking of internal audit observations on Compliance and Governance and timely implementation of agreed actions plans.
Represent an 8 man Finance team reporting directly to the Finance Manager/ Head of the Department & had 6 persons under my supervision. My role to ensure following are performed:
Developed Business Strategy, operation/Financial policies, Procedures, controls & workflows
Developed reporting framework assuring full visibility on progress in achieving objectives
Maintained proper books of accounts & accounting records, review of various schedules, reports, analysis & reconciliations and ensure timeliness in monthly closing of books
Developed annual budgets, monthly forecast, business performance and variance analysis
Inspect & perform further calculations of monthly funds NAV received from custodian of fund and provide timely financial recommendations, coordinate & provide necessary reports & analysis to Fund Manager, Group Finance & external reporting to the Central Bank.
Assisted in asset valuation, performed due diligence in acquisitions & disposals of properties
Developed Business Requirement Document, outlining the reporting requirements, end to end implementation of the oracle system and its effective integration with other systems
Comprehensive working exposure of different Modules of Oracle including GL, AP, AR & FA
Liaised with Risk, compliance, Government, external, internal and Sharia auditors ensuring that matters observed and issues reported by them are properly addressed & implemented.
Company is involved in property management activities. My role was to ensure that the following are performed:
Monthly closing of books of accounts, assist in developing effective MIS reporting structure
Prepared annual budgets, monthly forecasts, business performance & variance analysis
Major contribution in formulating Operational and Financial policies and procedures
Dealt with internal and external auditors to ensure reported issues are timely addressed
The company deals in providing Financial, Accounting & IT consultancy to several clients involve in trading, service & manufacturing activities. My role was to ensure that the following are performed:
Prepared business proposals for Internal Audit, Business Automation, and Business Strategy & Financial & Management Control. Coordinated with external auditors for annual audits
Identified issues, present finding & implement recommendation in clients core operations
Subsidiary of Intracom SA Greece manufacturing telecom equipment’s. My role was to ensure:
Develop accounting structure, budgets, forecast & MIS for group reporting & consolidation
Designed & implemented proper accounting system, formulating accounting policies and procedures, automation of the accounting activities & monthly closing of books of accounts
Effectively managed the treasury functions by periodically forecasting cash flow positions
Lead and managed projects and sub-projects focusing on Business Planning & Strategy, Business Automation, Human Resources and Financial & Management Control where the role involved:
identifying issues, developing opinion and presenting findings & recommendations to clients
Implementing recommendations in their core operations while ensuring that the client receives the necessary assistance to carry it all out
Some key industries include port management, financial institution and government entities
Completed 4 years of article ship training from Deloitte & Touché, engaged in various audits of Trading, Manufacturing, Services, Banks & Financial Institutions clients. This mainly includes:
Audit Planning, monitoring, reviewing and reporting to Manger and partner in charge
Investigated loans & advances of banks & NBFIs under guideline of State Bank of Pakistan
Attended senior management meetings with Manager & partners at various clients