Firoz Saman
Senior Finance Professional |Manufacturing Accounting
Dubai
Summary
Results-driven Senior Finance Professional with over 10 years of experience in finance, manufacturing accounting, and cost control across multiple industries. Strong background in capital expenditure management, ERP implementation, and product costing. Proven ability to build and lead high-performing finance teams, optimize financial processes, and drive cost efficiency. Detail-oriented with a process-driven mindset and collaborative leadership style. Dedicated to enhancing financial controls and maximizing business value.
Overview
16
16
years of professional experience
Work History
Cost Controller
Fresh Express LLC
01.2019 - Current
- Spearheaded cost control initiatives, achieving a 1.3% reduction in operating costs through process optimization and compliance with industry regulations.
- Led process re-engineering and GAP analysis initiatives within the Warehouse, improving production efficiency, material yield, and profitability.
- Facilitated monthly factory performance reviews, analyzing production variances, overheads, and operational KPIs, and providing actionable financial insights to senior management.
- Collaborated with IT team to optimize ERP systems and implement specific BI reports, enhancing production cost tracking and decision-making.
- Developed detailed product costing models and standard cost frameworks, supporting accurate pricing strategies and ensuring alignment with organizational profitability targets.
- Delivered comprehensive monthly variance analysis, including material usage, labor efficiency, and overhead absorption, driving data-driven operational improvements.
- Supported financial process improvement projects, enhancing regulatory compliance and audit readiness.
- Monitored inventory valuations, production variances, and stock obsolescence to minimize working capital requirements.
- Supported Capex planning for facility upgrades and new production lines.
- Partnered with production and supply chain teams to identify cost-saving opportunities across raw materials and production processes.
- Conducted market research to support pricing strategies for B2C channels, ensuring cost structures remained competitive while maintaining profitability.
Cost Controller
Habtoor Grand Resort, Autograph Collection
06.2017 - 12.2019
- Optimized financial processes, identified cost-saving opportunities, and supported financial system implementations.
- Led technology change impact assessments, including new POS software rollout, aligning operational and financial systems.
- Partnered with F&B operations for financial planning, vendor negotiations, and profitability improvements for large-scale events such as Dubai Jazz Fest.
- Prepared and submitted detailed P&L statements for 13 F&B outlets, enhancing financial visibility and strategic decision-making.
Cost Controller
Al Bustan Rotana
04.2016 - 06.2017
- Collaborated closely with the operations team to streamline processes and pinpoint critical cost-saving opportunities.
- Supported the implementation of an ERP system upgrade to better align financial workflows with business needs
- Preparing Daily Flash Report on food and beverage costs, P&L statement of major events and related revenue breakdown summary.
- Managed cost reporting, verified vendor invoices, and conducted fixed asset audits to maintain financial accuracy and regulatory compliance.
- Compiled daily flash reports detailing food and beverage costs, P&L statements for major events, and summarized related revenue breakdowns.
Revenue Auditor
Al Bustan Rotana
03.2015 - 03.2016
- Verified and submitted income reports for senior management approval, ensuring accuracy and compliance.
- Conducted operational audits to enhance process efficiency and strengthen internal controls within the finance function.
- Monitored and ensured correct recording and utilization of advance deposits to mitigate fraud risk.
- Accurately posted revenue and statistical journals into the ERP system to maintain up-to-date financial records.
- Coordinated with regulatory authorities (e.g., DTCM) for audit facilitation and compliance verification.
Accounts Payable Officer
Al Murooj Rotana
03.2014 - 03.2015
- Managed invoicing and payment processing operations, ensuring timely and accurate financial transactions.
- Oversaw account payments and generated ageing reports to monitor outstanding balances and optimize cash flow.
- Developed and implemented an improved filing system to secure and organize client and financial data.
- Handled billing reconciliations, resolving discrepancies efficiently to maintain financial integrity.
Payroll Officer
Al Murooj Rotana
03.2013 - 03.2014
- Oversaw payroll for 450+ employees, ensuring compliance with labor laws and accurate financial records.
Senior Audit Executive | Articled Assistant
Audit Firms
01.2009 - 11.2012
- Led audits for manufacturing, trading, and hospitality clients, ensuring compliance with statutory requirements and internal controls.
- Prepared financial statements in line with Indian Accounting Standards, supporting organizational financial integrity.
Education
Advance Diploma In Management -
Chartered Institute of Management Accountants
Dubai , UAEProfessional Competence examination Certificate -
The Institute of Chartered Accountants of India
Chennai , IndiaMaster of Commerce -
University of Kerala
Kerla, IndiaSkills
Finance & Operational Accounting
Capex Management & Project Accounting
ERP Implementation & Optimization
Product Costing & Manufacturing Accounting
Budgeting, Forecasting & Cost Control
Financial Process Design & Internal Controls
Cross-Functional Stakeholder Collaboration
Variance analysis
Process Development & Re-engineering
Strategic Financial Planning & Decision Support
IFRS Compliance & Financial Reporting
KPI Management
Timeline
Cost Controller
Fresh Express LLC
01.2019 - Current
Cost Controller
Habtoor Grand Resort, Autograph Collection
06.2017 - 12.2019
Cost Controller
Al Bustan Rotana
04.2016 - 06.2017
Revenue Auditor
Al Bustan Rotana
03.2015 - 03.2016
Accounts Payable Officer
Al Murooj Rotana
03.2014 - 03.2015
Payroll Officer
Al Murooj Rotana
03.2013 - 03.2014
Senior Audit Executive | Articled Assistant
Audit Firms
01.2009 - 11.2012
Advance Diploma In Management -
Chartered Institute of Management Accountants
Professional Competence examination Certificate -
The Institute of Chartered Accountants of India
Master of Commerce -
University of Kerala
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