Summary
Overview
Work history
Education
Skills
Timeline
Generic
KASHIF ALI

KASHIF ALI

Dubai,UAE

Summary

Distinguished professional with high-level experience in managing budgets and business operations. Excellent communication and problem-solving skills. Motivated to use leadership and strategic skills to achieve growth. Self-reliant with high credentials in contract and commercial management. Works hard to create initiatives and negotiate with contractors and vendors to meet goals.

Overview

13
13
years of professional experience
4
4
years of post-secondary education

Work history

Business development director

Al Fursan Used Computers TR LLC
Sharjah, UAE
07.2023 - Current
  • Analyzed and developed procurement plans with cost-effective solutions and increased purchase power.
  • Plan and monitor purchasing cycle of the organization.
  • Develop the logistic flow of all the purchases and its alignment with projections.
  • Worked with sales director to determine requirements for customers & markets.
  • Reviewed proposals and submitted reports to procurement heads for selection.
  • Delivered tactical cost savings by negotiating advantageous terms and conditions for new contracts.
  • Produced pre-qualification and bidding analyses to win new clients.
  • Collaborating with sales & marketing and campaigns teams to maximize lead generations.

Global Finance Manager

ITR Global FZE
Dubai
02.2019 - 04.2021
  • ITR Global is UK based IT Remarketing company who buys and sells second-hand
  • IT equipment across the globe
  • ITR Global has offices in UK, Australia, UAE, and
  • Pakistan
  • Main Responsibilities:
  • Manage the preparation of the company's budgets, working with executives and business heads then track profit/loss performance by business unit/companies and on consolidated basis
  • Analyse costs, pricing, variable contributions, sales results, and the company's actual performance compared to the business models
  • Work alongside CEO to develop detailed and accurate business models to support the decision making and tracking of budgets
  • Present financial reports for meetings and interpret financial information to managerial staff while recommending further courses of action
  • Conduct reviews and evaluations for cost-reduction opportunities
  • Close involvement in commercial negotiations with customers and suppliers
  • Monitor day-to-day financial operations within the companies, such as payroll, invoicing, and other transactions
  • Establish and maintain financial policies and procedures for the companies/adhere to compliance & accounting policies and regulatory requirements
  • Maintaining accurate financial records, review financial data and prepare monthly/ annual reports
  • Taking responsibility for and supervising the work of other members of finance/ department staff
  • Liaising with external/internal auditors for yearly review
  • Guarantee all the compliance concerning VAT and other corporate taxes globally.

Chief Accountant

Green Point Technical Services LLC, DAMAC Group
Dubai
  • Leading the overall accounting function of facility management by having five direct reports and reports to VP-Finance & dotted line reports to VP-
  • Facilities
  • Responsible for preparing monthly MIS reporting pack that includes horizontal & vertical P&L statement along with all cost drivers and their allocation
  • Preparing annual budget with collaboration of operations and procurement functions
  • Explaining & analysing reasons behind any variances in the actual results vs
  • Budgeted results accordingly provided appropriate advice to management for taking corrective actions
  • Successfully managing cash flow and working capital of the company by developing accounts receivable tracker (ART) and daily payment plan (DPM).

Assistant Manager Finance

Levant Jewellery DMCC
Dubai
10.2016 - 12.2018
  • Prepared sales and purchase reports for brand managers in order to procure new stock or replace existing stock and its impact on company's cash flow
  • Performed product costing and pricing to meet the desired profit margins
  • Established controls in POS system by conducting regular stock counts and restricting cash sales entry to Accounts function only instead of sales personnel at site
  • Dealt with various banks, financing facilities, suppliers and insurance brokers; effectively negotiated with them to acquire cost-effective products and services
  • Prepared accurate financial reports, such as P&L, balance sheet and cash flow statements for management & annual audit purpose.

Senior Finance Executive

Paklite FZC
Sharjah
03.2015 - 09.2016
  • Handled financing of about $100M for recording, scheduling and repayments purposes
  • Defined, developed and implemented departmental manuals and SOPs for period end closing, fixed asset management, Inventories and bank/cash payments
  • Redefined and redeveloped the accounting chart for all group and individual accounts
  • Planned and prepared monthly budget after analysing the actual variance reports and cash flow projections
  • Analysed and evaluated the P&L statements comprising profitability figures, such as overall sales, net sales income, cost of sales and logistics expenses.

Internal Audit Executive

CCL Pharmaceuticals (PVT) Ltd
Lahore
09.2012 - 02.2015
  • Designed and developed internal audit charter, manual, SOPs and audit programmes for the newly established internal audit function of the company
  • Proactively involved in thoroughly auditing HR and administration functions, further determining and analysing every function's productivity and service level achievement
  • Acted as an internal auditor and integrated Oracle EBS R12 application while acquiring detailed understanding related to techniques and methodologies of GL, AP, AR, MRSM, OPM, MRIP and LCM modules of
  • Oracle
  • Conducted audit in the marketing department of the company to assess
  • ROIs
  • Prepared and facilitated detailed and accurate work reports including results of audit tests performed and subsequent followed up.

Audit Officer

Firhaj Footwear (Pvt) Ltd
Lahore
06.2011 - 08.2012

Audit Trainee

Horwath Hussain Chaudhary & Co Chartered Accountants
11.2010 - 05.2011

Education

ACCA - Business

ACCA
Pakistan
01.2008 - 12.2011

B.COM - Accounting and Finance

University of Punjab
2007

D.com - Commerce

2005

Matriculation - undefined

2003

Skills

  • Financial Analysis and Financial Control
  • Cost Control and Optimisation
  • Costing & Pricing for Tender/Bid
  • Dashboard Reporting for Management
  • MIS Reporting Pack & Books Closure
  • Development & Implementation of SOPs
  • Business Acumen & Interpersonal Savvy
  • Steering Audits & VAT Compliance
  • ERPS and Oracle ERP R12
  • CAREER HIGHLIGHTS
  • Developed Invoice wise tracker of receivables
  • In Green Point and by establishing systematic
  • Approach of follow up, reduced company's
  • Receivables balance from AED 21 million to
  • AED 7 million in duration of 8 Months
  • With the help of IT function, consolidated all
  • Accounting and company documents in “One
  • Drive” which result in 65% reduction in paper
  • Consumption
  • Accounting Staff productivity increased by 45%
  • By redefining of company chart of accounts as
  • Per management's reporting requirement
  • By establishing effective Delegation of
  • Authority (DOA) in Green Point & Levant
  • Group, observed substantial increase in service
  • Level across the board
  • Strategically managed and controlled the
  • Payable cycle of Paklite FZC by releasing
  • Payments in advance and attaining discount of
  • 15%, further saving AED 3M in 6 months
  • Track record of analysing and determining
  • Inconsistencies in the awarding engineering
  • And distributors contracts of CCL
  • Pharmaceuticals; streamlined the supply chain
  • Process and increased departmental
  • Performance level by 50%
  • Territory management
  • sales planning
  • Business opportunity tracking
  • Account growth strategy
  • Prospect identification

Timeline

Business development director

Al Fursan Used Computers TR LLC
07.2023 - Current

Global Finance Manager

ITR Global FZE
02.2019 - 04.2021

Assistant Manager Finance

Levant Jewellery DMCC
10.2016 - 12.2018

Senior Finance Executive

Paklite FZC
03.2015 - 09.2016

Internal Audit Executive

CCL Pharmaceuticals (PVT) Ltd
09.2012 - 02.2015

Audit Officer

Firhaj Footwear (Pvt) Ltd
06.2011 - 08.2012

Audit Trainee

Horwath Hussain Chaudhary & Co Chartered Accountants
11.2010 - 05.2011

ACCA - Business

ACCA
01.2008 - 12.2011

Chief Accountant

Green Point Technical Services LLC, DAMAC Group

B.COM - Accounting and Finance

University of Punjab

D.com - Commerce

Matriculation - undefined

KASHIF ALI