Sector
Finance

Gender
Male

Date of Birth
14-03-1991

Visa Type
Visit Visa

Visa Expiry Date
20-08-2024

Sponsor Visa Expiry Date
16-03-2025

Experience
8 Years

Languages
English, Urdu/Hindi

Skills
Budgeting & Planning • IFRS Financial Reporting • Forecasting & Analysis • SAP Reporting • GL Management • Accounts Closure • Variance analysis • Presentation Reports • Power BI Reporting • Cash Flow Forecasting

Work Experience
Al-Futtaim Company May 2022 to May 2024 Position: Management Accountant – Planning & Reporting Business - Fashion Retail My Job responsibilities Includes: • Responsible to evaluate monthly financial performance by comparing and analyzing actual results with plans & forecast. • Prepared comprehensive spending reports, financial KPIs and charts to present data to brands and sales managers with appropriate recommendations on budget control. • Maintained division financial planning file for weekly and monthly forecasts update of Sales, Opex, Capex, leases data information to ensure accuracy in monthly forecast. • Assisted manager in preparation of monthly MIS reports and provide variance commentaries and analysis. • Used Power BI to generate store wise and brand wise key insights for monthly meeting presentations. • Collaborated with cross-functional teams to develop annual operating budgets, aligning financial goals with BU objectives. • Assisted manager by preparing feasibilities reports for renewal of existing stores and opening of new stores. • Submission of weekly cash flow forecasts to treasury department to ensure adequate funds availability to meet payments for respective company codes. • Uploaded monthly ageing data for inventory and receivables to SAP BI system to make it available for sales team. Reporting Duties • Reviewed and coordinated with shared services teams to ensure timely and accurate month end closings for all profit centers and company codes. • Reviewed SAP accounts for customers and vendors to identify any long-outstanding balances and propose for write off. • Ensured all inter-company charges are raised and accepted in respective profit centers to avoid any backlog. • Periodic review of balance sheet schedules to identify material inter-company balances, provisions and fixed asset balances. • Delivered HR support for periodic payroll inputs/incentives and provided requested reports and analysis. • Maintained loan facility files for intercompany and bank loans and ensures these are accounted in system as per IFRS-9 • Annual review of store leases to ensure rentals are being accurately accounted as per IFRS-16 leases. • Liaised with internal and external auditors to provide them requested information. Achievements • Implemented KPIs for newly launched E-Com sites to monitor & track profitability from online sales orders. • Reduced inventory shrinkage from 3.5% to 1.5% by changing the PI counts SOPs to weekly and increasing the internal audit visits frequency and enhanced security measures.

Description
ACCA member & a results driven finance professional who has an experience of 8 years driving business growth across Fashion Retail, F&B and IT industry. Skilled in business planning, financial forecasting and developing analytical reports to inform strate