Syed Raza Rehman
Finance Manager
Dubai,United Arab Emirates
Summary
Business-minded Finance Manager promoting more than 9 years of expertise overseeing transactions and reconciling monthly financial reports. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills.
Overview
10
10
years of professional experience
Work history
Finance Manager
Proven Hub Fac. LLC
Dubai, UAE
2018.08 - Current
- Currently leading OPEX planning and financial planning and analysis, accountable for dealing all financial matters/transactions ranging from Variance Analysis, Budgeting/forecasting, preparing financials and policies which helped reduce cost by 10-12%.
- Initiated budgeting process for company to compare them with yearly targets, prepared monthly, quarterly, and annual financial reports, highlighting key performance indicators and variances to budge identifying variances and coordinating between different departments to roll out OPEX plans for each cost center to discuss mitigation steps with team working using cash management and problem-solving skills
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
- Ensuring timely closure of books on monthly basis to deliver on time monthly, quarterly and annual accounts in compliance with IFRS, GAAP
- Analyzed monthly balance sheets, income statements and cash flow information and wrote up reports.
- Supports CFO and stakeholders in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy
- Established and maintained systems for cost-sensitivity analysis and early-warning of cost-overruns and finally creating business strategies to generate shareholder value
- Lastly filing VAT quarterly returns.
Finance Team Lead
Tajawal LLC
Dubai, UAE
2017.01 - 2018.01
- I was mainly accountable for compiling and analyzing companywide annual budgets and comparing it with forecast to track company performance with yearly targets and analyzing weekly reports, monthly, quarterly gross margin analysis by airline/hotel type, sales per region per airline per location, conducting research and performing analytical studies regarding cost control analysis and profitability
- I was also leading identification of financial risk and opportunities, developing KPI’s on technical side to mitigate problematic areas
- Proactively lead business finance plans, capital, and cash flow budget/forecast, identify, and recommend areas of improvement
- Tracked budget forecasts and monitored budget performance.
- Also Cooperated with internal and external auditors, provided them with any explanations they required, discussed their reports, and sought to identify deficiencies in financial rules or internal checking systems.
- Built complex financial models for decision-making and forecasting.
- Generated financial projections and forecasts for short- and long-term.
Finance Analyst
Emirates Airline, Emirates
Dubai, UAE
2010.06 - 2016.11
- As Finance Analyst my task was to provide front line advice to complete the annual budget submission to Cost Centre holders for timely completion of budget consolidation at a division level, along with backing up evidence to BFMs/FMs with detailed analysis, to appropriately challenge budget assumptions
- Collaborated with finance team to complete detailed analyses of short- and long-term strategic forecasts to assist with resource planning and capitalization needs.
- Developed financial models, analytics and automated reporting and forecasting tools to increase productivity.
- Preparing Variance analysis against prior periods with attention to detail or budget (Complete Analysis of Data - List down variances / Reasons / Recommendations) for P&L and General Expenses accounts and ensuring that the budget focuses on KPIs for each part of the business and is aligned to the long-term plan
Education
CIMA - Finance
ACCA - Finance
2011-11
Skills
- IFRS
- Financial analysis
- Budgeting and Forecasting
- Cash Flow Management
- FP&A
- Auditing and Taxation
- Consolidated Financial Statements
- SAP ERP, MS Office Suite (Microsoft Excel, Word, PowerPoint) Zoho, Tally, Pact Revenue ERP, QuickBooks
- Management accounting
Languages
English
Fluent
Timeline
Finance Manager - Proven Hub Fac. LLC
2018.08 - Current
Finance Team Lead - Tajawal LLC
2017.01 - 2018.01
Finance Analyst - Emirates Airline, Emirates
2010.06 - 2016.11
Chartered Institute of Management Accountants - CIMA, Finance
Association of Certified Chartered Accountant - ACCA, Finance