Summary
Overview
Work History
Education
Skills
Accomplishments
Software
Timeline
Manager
ABDUL BASIT SYED

ABDUL BASIT SYED

Finance
Dubai

Summary

As a seasoned financial executive with over 14 years of experience, I have developed a strong track record of success in leading finance teams and driving financial growth for companies across a range of industries. My expertise in financial planning, analysis, and reporting, coupled with my strategic thinking and leadership skills, have enabled me to deliver significant value to my past and current employers. I am a results-driven and adaptable professional who is committed to ensuring the financial stability and growth of the organizations I work with.

Overview

14
14
years of professional experience
19
19
years of post-secondary education
1
1
Language

Work History

Senior Manager Finance

Ghassan Aboud Group
Dubai
05.2014 - Current
  • Responsible for developing and overseeing the Group's financial plans, including budgeting, forecasting, and financial modeling.
  • Analyzing financial data to help inform decision-making and ensure the Group is on track to meet its financial goals.
  • Manage the Group's accounting function, including overseeing the preparation of individual business unit's financial statements and ensuring compliance with accounting standards and regulations.
  • Responsible for Group's corporate tax readiness, tax planning and optimization, restructuring plans at the same time ensuring compliance with corporate tax laws.
  • Identify, assess, and manage financial risks faced by the company, including credit risk, market risk, and operational risk. Develop strategies for managing these risks to ensure the company's financial stability.
  • Work closely with the senior management team to develop and implement the Group's overall strategic plan. Provide financial insights and analysis to inform decision-making and ensure that financial resources are allocated in a manner that supports the Group's strategic goals.
  • Manage a team of finance professionals and provide leadership and guidance to ensure the team's success.
  • Responsible for developing and implementing policies and procedures to ensure the company's financial operations are efficient and effective.

Manager Accounts and Finance

Petroleum Exploration Private Limited
Lahore
02.2013 - 04.2014
  • Preparation of in house financial statements for presentation to board of directors, top management, bankers and other statutory bodies;
  • Preparation of various management reports, detailed variance analysis for the company and providing prompt responses to any queries of the top management, as and when desired;
  • Handle full spectrum of financial and cost accounting role e.g
  • AR, AP, GL, forecasting, budgeting;
  • Reconciling all the bank books with the bank balances along with the reconciliation of all the other ledgers and resolving any inconsistencies identified;
  • Perform cost tracking, monitoring and controls
  • Review approves payment vouchers & journal entries;
  • Ensuring consistent application of accounting policies and procedures across the company and maintenance of sound internal control systems within the group, along with timely closing of accounts;
  • Coordination with the external auditors for the company statutory requirements and conducting the annual external audit in liaison with IFRS and applicable by laws;
  • Reviewing of Payroll records for employees in co-ordination with Human Resource Department;
  • Handling the correspondence of company with different organizations incl
  • Banks, Law firms, External Auditors, Suppliers & Customers in variety of mediums incl
  • Drafting of letters, e-mails, etc.

Senior Audit Associate

Avais Hyder Liaquat Nauman, Chartered
Lahore
08.2009 - 01.2013
  • A Member firm of RSM International, in Assurance Advisory
  • Primarily engaged in statutory audits, review engagements and risk assessment of various large and medium-sized listed and unlisted organizations along with looking after ad-hoc assignments
  • Key highlights
  • Actively engaged in the preparation of planning and strategy documents for audit and other engagements
  • Involved in risk identification as well as risk assessment procedures
  • Led the preparation and on-going monitoring of project budgeting
  • Managed the preparation of financial statements for group statutory reporting
  • Assessed internal controls of various entities to identify system deficiencies and recommended the adoption of best practices to the client’s senior management
  • Team leader for carrying out test of internal controls on business processes and substantive testing of various transactions
  • Primary on-site client contacts during various assignments
  • Actively assessing the financial position of the company for the present and the foreseeable future for profitable recommendations.

Education

CA (Finalist) - Finance| Accounts | Audit | Taxation

Institute Of Chartered Accounts of Pakistan
Pakistan
01.2004 - 11.2008

MBA - Finance

Institute of Management And Sciences
Lahore, Pakistan
07.2008 - 06.2010

A-Levels -

Keynesian Institute of Management And Sciences
Lahore, Pakistan
07.2001 - 06.2003

O-Levels -

Salamat School System
Lahore, Pakistan
01.1991 - 06.2001

Skills

    Strategic thinking

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Accomplishments

  • Scored a CGPA of 3.54 throughout MBA and received a merit certificate.
  • Promoted to Manager Finance within one year in Ghassan Aboud Group
  • Employee of the year awards for three consecutive years
  • Promoted to Senior Auditor within 1 year at Avais Hyder Liaquat Nauman, Chartered Accountants.
  • Certificate of Presentation Skills and Training Courses (PSTC) and Computer Practical Skills from ICAP
  • Attended training courses on Leadership skills, Team building, Positive thinking, Time management and Communication skills.
  • A range of Seminars organized by ICAP.

Software

MS Dynamics NAV

SAP

QuickBooks

Timeline

Senior Manager Finance

Ghassan Aboud Group
05.2014 - Current

Manager Accounts and Finance

Petroleum Exploration Private Limited
02.2013 - 04.2014

Senior Audit Associate

Avais Hyder Liaquat Nauman, Chartered
08.2009 - 01.2013

MBA - Finance

Institute of Management And Sciences
07.2008 - 06.2010

CA (Finalist) - Finance| Accounts | Audit | Taxation

Institute Of Chartered Accounts of Pakistan
01.2004 - 11.2008

A-Levels -

Keynesian Institute of Management And Sciences
07.2001 - 06.2003

O-Levels -

Salamat School System
01.1991 - 06.2001
ABDUL BASIT SYEDFinance