Muhammad Tauqeer

• Successfully managed financial operations for a multi-million-dirham group specializing in Piling and Shoring, Building Contracting, Testing Laboratory, and Aluminum & Glass fabrication.
• Spearheaded the preparation of annual budgets and quarterly forecasts, achieving a 1.7% increase in profitability over two years through strategic alignment.
• Enhanced cash flow by implementing efficient working capital management, reducing receivables cycle time by 12% and boosting cash reserves by 5%.
• Led financial analysis for capital projects exceeding AED 120 million, identifying 3.1% in cost savings through improved cost controls and reporting systems.
• Managed comprehensive financial reporting and analysis, implementing a cost reduction program that saved approximately AED 3.5 million annually through supplier negotiations and streamlined operations.
• Directed a team of 5 accountants and financial analysts, enhancing team productivity by 15% via targeted training and process improvements.
• Cultivated strong communication with estimation and procurement departments, assessing new construction and engineering project viability, contributing to successful contract bids worth AED 252 million.
• Presented insightful financial reports to executive management, facilitating strategic decision-making and driving a 3% increase in revenue.

• Independently managing end-to-end accounting for all companies in contracting, testing laboratory, piling & shoring, and aluminium & glass fabrication sectors.

• Preparing monthly, quarterly, and annual financial statements including P&L, Balance Sheet, and Cash Flow.

• Creating and maintaining Chart of Accounts aligned with IFRS & IAS.

• Handling UAE VAT returns, reconciliations, payments, and audit support.

• Managing UAE Corporate Tax registration, computation, and reporting.

• Reviewing sales invoices, progress claims, retention adjustments, debit/credit notes.

• Submitting invoices to banks, escrow accounts, and Sheikh Mohammed Bin Rashid Housing Scheme.

• Verifying and processing purchase invoices against LPOs, delivery notes, and contracts.

• Managing supplier, subcontractor, and client payments via bank transfer, cash, and cheques (PDC/CDC).

• Performing bank reconciliations, and monitoring cash flow.

• Maintaining fixed asset register including additions, depreciation, accumulated depreciation, and disposals.

• Managing utility bills (DEWA, DU, Etisalat) and authority payments to Dubai Municipality, Trakhees, DDA, Nakheel, and Dubai Holding.

• Handling WPS payroll through Wall Street Exchange portal.

• Conducting meetings with subcontractors, suppliers, and clients for financial coordination.

• Coordinating with procurement and execution teams to ensure accurate billing and timely material delivery.

• Preparing management reports and presenting financial performance to senior management.

• Analyzed financial performance across a portfolio of 20 construction projects, driving a 2.5% improvement in budget adherence and a 4% reduction in project overruns.
• Contributed to the preparation of comprehensive financial reports, enhancing transparency and empowering senior leadership in strategic decision-making.
• Developed robust financial models to evaluate project profitability, pinpointing cost overruns and recommending corrective actions that resulted in savings of AED 605,000.
• Collaborated with project managers and engineering teams to align financial forecasts with project requirements and timelines.
• Supported the implementation of an ERP system, boosting data accuracy and reporting efficiency by 10%.

• Conducted in-depth financial analysis of project budgets and expenses, ensuring strict compliance with financial objectives for construction and engineering contracts.
• Assisted in cash flow forecasting, delivering strategic recommendations to enhance working capital management.
• Executed variance analysis on project costs, pinpointing cost reduction opportunities that generated a 7% savings for the company.
• Prepared comprehensive tax filings and ensured GST compliance for the company's international construction operations.