Zahid Hussain Palana

- Periodic review of budgeting process of the master developer in Special Development Zone.

- Review of annual budget of master communities within the aforementioned zone.

- Discussion/Debate with Management of Master Developer on the value of services included in the budget

- Review of fair levy of charge to the owners of the community based on the type of proeprty they held and its use.

- Approve the budget and service charge rate (Public rate)

- Review of audited annual accounts of master community and analyse the variance from the budget.

- Benchmark the service charge and collection of related data from authorities like RERA and master developers like Emaar, Dubai Properties Group, etc.

- Analyse and prepare the annual budget of the department in consultation with the Department head and aligned with organizational Strategies.

=> Plan and execute the audits on field

=> Preparation of standalone and consolidated financial statements

=> Analyze business processes, identifying the risks in these processes, thorough review of controls placed to mitigate those risks and recommend best business practice through reporting to the management

=> Review of financial statements in accordance with International Financial Reporting Standards

=> Review of SOX audit performed by client (Del Monte Foods UAE)

Key clients served in UAE
- Al Naboodah Construction Group
- Del Monte (UAE) Foods LLC
- Sharjah Cement
- Jotun Paints
- Amlak Finance PJSC
- Dutco Balfour Beatty Construction Group
- Tokio Marine and Nichido Fire Insurance
- Dubai Insurance