Ali Shahzad

• Oversee financial planning, budgeting, forecasting, and cost control.
• Prepare and analyze financial statements, cash flow reports, and profit/loss statements.
• Manage accounts payables and receivables of the company which includes reviewing and verifying invoices and for payments. Monitoring and following up with clients for the overdue invoices to optimize cash flow.
• File VAT returns for both companies in Dubai and Abu Dhabi and ensure compliance with tax laws, VAT regulations, and financial reporting standards.
• Monitor project financial performance and cost management.
• Oversee financial audits and coordinate with external auditors.
• Enhance cash flow, working capital, and financial risk management.
• Develop and maintain strong relationships with banks, vendors, and financial institutions.
• Lead and mentor the finance team to enhance efficiency and performance.
• Perform reconciliations, forecasting, and cash flow statements on a monthly basis.

MIS REPORTING:

• Reconciliation of Master trackers, Inflow trackers & EDMS.
• Prepare and share daily ONR disbursed cases report with business.
• Prepare and ensures weekly, monthly & quarterly operational reporting are completed accurately and timely.
• Mentoring and monitoring the performance of team and handling queries related to process.
• Prepare daily & weekly escalations level 1, 2 & 3 report to share with senior management and business heads.
• Closely work on the cases raised as a discrepancy till it gets resolved.
• Handling process of cancelling security cheques and ensure that card has been cancelled and no active liability.

Credit Card & Personal loan Ops:

• Receiving and Reviewing of Credit cards, Personal loans, Account opening and Maintenance cases.
• Processes new application documents by reviewing data for deficiencies; resolving discrepancies and responsible for moving cases to Work exit.
• Produces daily reports including numbers of cards and loans disbursed cases.
• Handling Queries, communicates in writing, email, or by telephone to inquiries.

Insurance Ops:

• Receiving and Reviewing of Insurance new Application, Amendments and Maintenance cases.
• Segregating documents into Provider wise and sending them to Providers – SALAMA, METLFE, ZURICH, OMAN Insurance, Business Insurance and OLD MUTUAL.
• Produces daily reports including number of application in our queue and debiting premium.
• Moving cases to Work exit Queue.
• Continuously supports the Bank's Mission Statement and Core Values.

• Manage a portfolio of customer accounts, ensuring timely and accurate payment collection.
• Monitor outstanding invoices, assess overdue accounts, and ensure prompt follow-up on all overdue payments.
• Responsible for the collection of debts prior to legal recovery, negotiating payments arrangement, handling debtor inquires and provide assistance.
• Establish and maintain positive relationships with customers to facilitate the collection process and resolve any disputes efficiently.
• Manage and oversee the recovery and collections processes for a portfolio of Mashreq Bank, Emirates NBD, CBD Bank, FAB Bank, and Emirates Islamic Bank.
• Monitor overdue accounts and initiate appropriate action, including phone calls, emails, and letters to ensure compliance with agreed payment terms.
• Collaborate with the legal team for escalations of complex cases requiring legal actions.
• Assist in month-end closing activities and provide relevant information for financial reporting.
• Ensure that Bank's data confidentiality is maintained at highest level.
• Worked on buckets and write off cases and proper follow up the customers until the debt is clear.