Zia Mustafa

Notable Achievements:
• Lead Commercial Service Level Agreement (SLA) in 2023 as Project Lead worth annual value $80 M.
• Played a key role for 5 years Network Design Study project of Group for all clients in 2022 with Capex investment $100 M plus.
• Played a key role in delivering an annual turnover of $30M, by leading profitable business expansion into automotive sector.
• Built external customers share around 45% of total business volume in 2021.
• Made significant contribution to optimize the Supply Chain Network in 2020 - 2021, thus realizing an annual cost consolidation of $4.2 M.
• Efficiently led non-quality cost reduction project in 2019, resulting in generation of $5.5M annual savings (1% of annual to 0.45%).
• Led the successful revamp of Oracle Financials and 3 PL Billing module in Jan 2018.
• As a strategic Finance Business Partner, played a vital role in achieving profitable 12% YOY growth over last 10 years.
• Steered efforts to enhance annual efficiencies by $5M, by successfully completing 2 major financial carve-outs turning Logistics from cost center to profit center.
• Saved $2M annually through overall supply chain and logistics cost optimization and an additional $1.5M through automation of the finance process.

Key Deliverables:
• Develop annual budget, control income, cash flow and expenses; establish guidelines for budgeting & forecasting; review group is bottlenecks & recommend changes to improve the overall level of group throughput.
• Oversee the investment of funds, identify, and manage associated risks, supervise cash management activities of the group, and execute capital-raising strategies to support the group’s expansion plans.
• Interact with and bring the finance function into line with the Board of Directors’ plans, initiatives, and recommendations.

Notable Achievements:
• Saved $5.5M pa in 2015, by leading Non-Quality Cost Reduction project from 1% of annual t/o to 0.25% of t/o.
• Orchestrated efforts to complete Fixed Assets Tagging Project across KSA organization for assets valued at $150M (2014).
• Executed the Business Object (BO) module of SAP for financial reporting & consolidation, thus resulting in Monthly Closing on 2nd working day instead of 4th working day (2013)
• Developed and designed Service Level Agreements (SLA) for customers as a Profit Centre and as a pure Third-Party Logistics
• Service Provider (2012)

Key Deliverables:
• Evaluate group’s finance function and make suggestions to automate processes & increase working efficiency.
• Identify, evaluate, acquire, and implement systems and software to provide critical financial and operational information.
• Review and analyze the financial performance of the group against budget, forecast and prior year results and interpret the financial data provided to higher management for effective decision making.

Key Deliverables:
• Served as the key PMO member for ERP/ OTM development, implementation, and integration with Oracle Financial.
• Led multiple efficiencies projects like Oracle Transport Management (OTM) which added efficiencies to bottom line with annual impact of $12 M.
• Established a new finance team and procedures as a new strategic business unit (SBU) finance head.
• Played an integral strategic role in turning around a loss making SBU into a profitable entity (Annual $32M).
• Recognized for improving working capital by reducing Days Sales Outstanding from 45 to 15 (Annual Saving $1.2M).
• Acknowledged for implementing Activity Based Costing in NLC Manufacturing/ Repair Workshops for effective reporting & performance evaluation, diversifying nature of activities due to different batch sizes and high expenditure.

Key Deliverables:
• Oversaw the functions of costing department in the area of products, jobs, and projects; oversaw accounts payable and accounts receivables, reconciled accounts, researched and resolved invoice discrepancies and issues
• Developed and maintained a robust internal control system to safeguard assets of the company; directed audits and ongoing reviews of organization controls, operating procedures, and compliance with policies and regulations.
• Managed VAT calculation and filed returns; liaised with statutory auditors for auditing and zakat return filing
• Dealt with financial institutions, banks, and insurance companies.
• Prepared detailed reports on the company’s performance on a quarterly/ monthly/ annual basis including income statements, balance sheets, profit/ expense reports, cash flow statement and ratio analysis to interpret the current & projected financial position of the company.