Summary
Overview
Work History
Education
Skills
Personal Information
Accomplishments
Software
Interests
Timeline
Generic
ASGHAR ALI

ASGHAR ALI

Dubai

Summary

  • With over eighteen years of Professional leader with comprehensive experience in driving operational excellence and strategic growth. Proven track record of fostering team collaboration and achieving impactful results in dynamic environments. Skilled in navigating complex challenges, optimizing processes, and cultivating positive workplace cultures. Known for adaptability, effective communication, and strong decision-making abilities. A quick summary of my career exposure is given below:
  • Financial analysis and business modelling.
  • Management information system reporting.
  • Contract negotiations with vendors and sub-contractors.
  • Lease negotiations with different malls across UAE.
  • Menu Engineering, Addition or removal of menu items, Costing & margins analysis.
  • Financial budgeting and forecasting.
  • Interaction with bankers for credit management.
  • Working capital management.
  • Review and negotiation of franchise contracts.
  • Margin negotiation for product pricing.
  • New venture feasibility study and business planning for expansion.
  • Liaise with internal & external auditors.
  • Standard Operating Procedures (SOP) implementation for Retail, F&B and Laundry Service companies.
  • VAT Specialist (Successfully Implemented UAE VAT).
  • Upgrade Retail, Hospitality & Accounting system to cater to VAT regulation compliance.
  • ERP implementation team leader (Oracle ERP, Retail Pro, My Micros and My Inventory).
  • Introduction of Proper laundry costing system for accurate pricing to customer to ensure profitability.
  • Team development through job rotation to enhance their skills level.

Overview

18
18
years of professional experience
6
6
years of post-secondary education
2
2
Languages

Work History

General Manager/Finance Manager

Modern Laundry LLC (Ghobash Group)
11.2021 - Current
  • Led successful budget planning and forecasting efforts, resulting in improved financial stability for the organization.
  • Managed cross-functional teams to achieve key finance initiatives, boosting collaboration between departments.
  • Increased financial efficiency by implementing cost-saving measures and streamlining processes within the department.
  • Streamlined month-end close process, reducing time spent on manual tasks and increasing accuracy of financial statements.
  • Optimized cash management strategies, improving liquidity and overall financial health of the company.
  • Developed comprehensive KPIs to monitor departmental performance, providing actionable insights for continuous improvement efforts.
  • Negotiated favorable terms with vendors and suppliers, resulting in significant cost savings for the organization.
  • Cultivated strong relationships with clients, vendors, and partners to ensure long-term success and loyalty.
  • Monitored financial performance, set budgets and controlled expenses to provide financial stability and long-term organizational growth.
  • Managed budget implementations, employee reviews, training, schedules, and contract negotiations.
  • Formulated policies and procedures to streamline operations.
  • Developed and executed strategic plans for business growth and expansion, resulting in increased market share.
  • Implemented effective cost-saving measures to reduce overhead expenses without compromising quality or service.
  • Managed a diverse team of professionals, fostering a positive work environment and high employee satisfaction.
  • Directed comprehensive sales efforts to exceed revenue targets consistently while maintaining customer satisfaction levels.
  • Drove year-over-year business growth while leading operations, strategic vision, and long-range planning.

Finance Manager

Ghobash Group
05.2015 - Current
  • Company Overview: Retail & Hospitality Division of Ghobash Group (B2C and B2B Companies)
  • Prime Hospitality LLC - (Subsidiary of Ghobash Trading & Investment Co. LLC) Established as the Food & Beverage arm of Ghobash Trading & Investments in 2009, Prime Hospitality has premiered successful casual dining and café brands to the UAE through franchises.
  • Ataya Enterprises LLC - (Subsidiary of Ghobash Trading & Investment Co. LLC) Established as the retail arm of Ghobash Trading & Investments in 2003, Ataya Enterprises has been representing international brands with excellence in the UAE since.
  • Modern Laundry LLC - (Subsidiary of Ghobash Trading & Investment Co. LLC) Established in 1973 as the Laundry Service provider for Retail & Corporate Customer under the arm of Ghobash Trading & Investments.
  • I was the team leader of ERP implementation Oracle ERP R12 version and successfully implemented Purchasing & Inventory Management, Payables, Receivables, Cash Management, Fixed Assets, General Ledger, HRMS (Payroll) Modules.
  • Integration of Retail Point of Sales system to Oracle to capture the sales & collections.
  • Reporting to Director/General Manager, I have completed number of actual and plan/forecast financial position worksheets, cash & billing, revenue and expenditure, Trends, commitments, and budgets.
  • Liaise with retail and hospitality director to discuss around financial picture of business to control overall cost and improve profitability.
  • Compile data and reconcile budget expenditures; monitor and verify actual expenditures; ensure compliance with policies and procedures; prepare reports and analyses of progress, adverse trends, and appropriate recommendations and/or conclusions as requested.
  • Priorities to ad-hoc reporting to a high quality and within tight time scales to provide financial and best practice advice on financial matters.
  • Review and evaluate financial processes and systems to determine consistency and accuracy of information.
  • Prepare & Implement Authority Matrix.
  • Retail planning and forecast of buying for seasonal buying for retail division.
  • Feasibility study for new business venture.
  • Review and validate Purchase Orders, sales discounts and customer credits.
  • Retail & Hospitality Division of Ghobash Group (B2C and B2B Companies)

Chief Accountant

Ghobash Group
03.2007 - 05.2015
  • Company Overview: Retail & Hospitality Division of Ghobash Group
  • I joined Ataya Enterprises LLC in 2007 as an Assistant accountant where I was reporting to Chief Accountant, in 2008 I was promoted to accountant position.
  • In 2009 Ghobash Group decided to launch Hospitality division which becomes part of my portfolio and I got promoted as Sr. Accountant.
  • After the successful launch of Hospitality division and opening of 3 restaurant in Dubai Mall, Al Ain Mall and Sahara Centre I got promoted to Chief Accountant.
  • All of the above role and responsibilities was part of my job description.
  • Retail & Hospitality Division of Ghobash Group

Education

MBA - Accounting & Finance

Preston Institute of Management Science and Technology
01.2001 - 01.2003

Bachelor of Commerce - undefined

Bahauddin Zakariya University
01.1999 - 01.2001

Diploma in Commerce - undefined

Punjab Board of Technical Education
01.1997 - 01.1999

Skills

Oracle ERP R12

Personal Information

  • Date of Birth: 03/03/81
  • Marital Status: Married
  • Visa Status: UAE Work Visa
  • Place of Birth: Pakistani Muslim

Accomplishments

  • Business Development: - Spearheaded acquisition of new brands to add to our portfolio.
  • Established and managed partner relationships on a daily basis.
  • Marketing - Implemented marketing strategies which resulted in 48% growth of customer base.
  • Staffing - Worked directly with Human Resources to streamline hiring and onboarding process.

Software

Oracle R12

Productivity: MS Excel, Word, PowerPoint

Retail Pro, My Micros, My Inventory, Restaurant Manager

Reporting Tools: QlikView, Tagetik

Digital Sales: Social media marketing, internal order channels

Interests

Surfing, Playing Cricket and Cooking

Timeline

General Manager/Finance Manager

Modern Laundry LLC (Ghobash Group)
11.2021 - Current

Finance Manager

Ghobash Group
05.2015 - Current

Chief Accountant

Ghobash Group
03.2007 - 05.2015

MBA - Accounting & Finance

Preston Institute of Management Science and Technology
01.2001 - 01.2003

Bachelor of Commerce - undefined

Bahauddin Zakariya University
01.1999 - 01.2001

Diploma in Commerce - undefined

Punjab Board of Technical Education
01.1997 - 01.1999

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ASGHAR ALI