Professional Leader IN FINANCE AND AUDIT

As a senior Fellow Chartered Accountant having a total hard core Finance and Audit Managerial experience of around 20+years (including around 14 to 15 years in the GCC market). My work experience has given me a diverse exposure to work with the Core Finance & Audit functions of organizations relating to different sectors of the GCC & MENA economies (Car Rental, Real Estate, Hospitality, F&B, Retail, Manufacturing, Automotive Dealerships, Wholesale Distribution, Logistics, Back-Office Shared Services like HR, IT, etc). Expertise in designing and implementing Financial & Operational Solutions with the underlying objective of enhancing stakeholder values. Actively involved in conducting due diligence in the Big 4 Accounting Firms, developed financial models for financing the acquisitions. Extensively travelled to around 7, 8 countries and appreciative of diverse cultures, viewpoints, opinions. Fluent in English, Urdu and working knowledge of Arabic. Led geographically dispersed teams to manage Finance and Audit functions for various Business Units across the Group. Motivational leader taking the team of around 20 people along, developing people, driving change and meeting tough challenges & deadlines. Service oriented expertise involves Presentations and advice given to clients on technical issues regarding Tax Planning matters, Deferred Tax, Audit Strategies, Risk Analysis & Risk Based Audit methodologies, Financial Management & Capital Budgeting Techniques and Technical advice on International Financial Reporting Standards + International Standards on Auditing.

Last Resume Update April 13, 2019
Address DUBAI, United Arab Emirates
E-mail Locked
Phone Number Locked

Experience

A. A.AL MOOSA ENTERRPRISES LLC
HEAD GROUP INTERNAL AUDIT
Dec 2011 - Current

HEADING AN AUDIT AND INVENTORY TEAM OF 10+ PEOPLE REPORTING TO THE GROUP OWNERS. MANAGING AUDITS ACROSS THE WHOLE OF UAE AND GCC (KSA, KUWAIT, QATAR, BAHRAIN & OMAN). BROAD AREAS OF WORK INVOLVE THE BELOW:

 Overall planning of audits, initial meetings with clients to understand the expectations and designing audit strategies after assessing the overall audit risk and developing Audit Programs in this regard.
 Championed group-wide focus on Cost Savings & Revenue Increase for the Clients audited. Achieved cost savings of upto AED 10M with Revenue Growth of upto 25% i.e. AED 15M in the clients.
 Managing an audit and inventory team comprising of a total of 15 to 20 people.
 Heading the Group Internal Audit Function with full independent reporting to the Chairman / Owners.
 Risk based Audits, testing and evaluation of internal controls thoroughly to assess the Control Risk
 Using latest Audit automation tools like ACL, Arbutus Data Analyzer, etc.
 Roll out of Audit and Inventory Count schedule prepared for all the group companies to be audited, with a view to maintain optimum utilization of Audit resources in terms of staffing, man days allocation, etc.
 Monitoring the timely preparation of all audit deliverables including financial statements, internal control memorandum / management letters, Audit & investigation reports, etc.
 Advisory services to the clients on various accounting, corporate, investigative and financial issues.

GULF MARKETING GROUP
GROUP AUDIT AND RISK CONTROLLER AND FINANCE MANAGER
Jan 2010 - Dec 2011

HEADING AN AUDIT AND INVENTORY TEAM OF 25 PEOPLE REPORTING TO THE GROUP CHAIRMAN. MANAGING AUDITS ACROSS THE WHOLE OF UAE AND GCC (KSA, KUWAIT, QATAR, BAHRAIN & OMAN). CONDUCTING RISK BASED AUDITS USING LATEST TECHNOLOGIES.

 Financial Consolidation of all Group entities as per IFRS by 10th working day of the following months
 Managing a Finance team comprising of a total of 8 to 10 people.
 Co-ordination with Group entities, IT and consultants to improve process flow
 Working with end result of achieving budgets with specific emphasis on CAPEX and EBIDA.
 Rolling out a new Operating philosophy that increased the operating margin from 35% to 54%.
 Streamlined a business wise reduction in Inventory holding as per the turnover resulting in improvement in cash flows by around 30%. Spearheaded recoveries from debtors resulting in the slashing of outstanding days from 45 to 30 reflecting an improved working capital position.
 Engaged in all Board matters including Business Strategy, IT strategy (permanent member of the IT Strategy Committee), Franchise discussion and Contract negotiations and Retail Mall negotiations for space
 Insurance & Banks / Financial Institutions - Co-ordination with the insurers to ensure adequate insurance cover of all assets of the company. Coordination with banks for financing facilities, working capital, etc.
 Accounting - Verifying Monthly Accruals, Fixed Assets addition, Deprecation Run, Prepaid Expense Allocation, Preparation and retention after approval of necessary journal vouchers to ensure correct accounting and Consolidation in the Monthly, Quarterly, Half-yearly and Yearly Financials.

AL TAYER GROUP LLC
ASSISTANT AUDIT MANAGER AND ASSISTANT FINANCE MANAGER
Nov 2006 - Jan 2010

MANAGING AN AUDIT AND INVENTORY TEAM OF 15 PEOPLE REPORTING TO THE CHIEF RISK OFFICER.

MANAGING THE FINANCIAL CONSOLIDATION OF GROUP ENTITIES, INCLUDING MANAGING MONTH END AND YEAR END REPORTING CALENDAR.
MANAGING THE BOOKS OF ACCOUNTS FROM BOOK-KEEPING TO ENSURE CORRECT ACCOUNTING, AND CONSOLIDATION IN THE MONTHLY, QUARTERLY, HALF-YEARLY AND YEARLY FINANCIALS.
INVOLVED IN THE SHORT AND LONG TERM BUDGETING EXERCIZE.

PRICEWATERHOUSE COOPERS UAE
ASSISTANT AUDIT MANAGER
Oct 2005 - Nov 2006

WHOLESOLE INCHARGE OF MANAGING AUDITS OF MEDIUM TO LARGE SIZED ORGANIZATIONS ACROSS THE UAE REPORTING DIRECTLY TO THE AUDIT PARTNER.

DELOITTE AND TOUCHE PAKISTAN
ASSISTANT AUDIT MANAGER
Jul 2003 - Sep 2005

WHOLESOLE INCHARGE OF MANAGING AUDITS OF MEDIUM TO LARGE SIZED ORGANIZATIONS ACROSS PAKISTAN REPORTING DIRECTLY TO THE AUDIT PARTNER.

ERNST AND YOUNG PAKISTAN
SENIOR AUDIT TRAINEE
Oct 1998 - Jul 2003

COMPETED CA ARTICLESHIP AS REQUIRED UNDER THE CHARTERED ACCOUNTANTS BY-LAWS.
WORKED AT VARIOUS LEVELS TILL THE LEVEL OF SENIOR AUDITOR.

Education

INSTITUTE OF INTERNAL AUDITORS
CERTIFIED INTERNAL AUDITOR
Dec 2010 - Dec 2010
PAKISTAN INSTITUTE OF PUBLIC FINANCE ACCOUNTANTS
FELLOW PUBLIC FINANCE ACCOUNTANT
Mar 2005 - Mar 2005
INSTITUTE OF CHARTERED ACCOUNTANTS OF PAKISTAN
FELLOW CHARTERED ACCOUNTANT
Jan 1997 - Dec 2004
UNIVERSITY OF CAMBRIDGE
A-LEVELS
Sep 1995 - Jun 1996
UNIVERSITY OF CAMBRIDGE
O-LEVELS
Sep 1993 - Jun 1995

Contact Candidate

Login or register as Employer to contact this candidate.