Salman Fasil CMA
Sr. Accountant
Dubai
Summary
CMA-certified finance expert with 7+ years' experience across F&B and Retail Industry. With a strong track record of success in leading teams, managing budgets, and driving financial performance, currently serve as a Senior Accountant, overseeing all financial aspects of the organization, including planning, analysis, budgeting, and forecasting. Proficiency includes financial modelling and ad-hoc reporting for strategic decision-making with expertise in cost control. Skilled in analytical problem-solving, identifying opportunities, process improvements, and implementing internal controls.
Overview
8
8
years of professional experience
17
17
years of post-secondary education
2
2
Certifications
Work History
Senior Accountant
DLISH CAFÉ LLC _ Hospitality (F&B), Trading & Media
05.2021 - Current
- Led finance and purchasing division of one of leading restaurant groups in UAE
- Prepared and presented monthly financial and MIS reports to top management, supporting decision-making through budget reviews and forecast analyses
- Conducted financial analysis and modeling to identify trends in unit development, cost of sales, labor costs, and marketing spend
- Prepared consolidated and standalone financial statements for multiple branches
- Projected cash flow to ensure adequate working capital and maintain covenant ratios
- Collaborated with departments to improve profitability and develop strategies
- Conducted feasibility studies, including cash flow projections and break-even analysis
- Prepared and presented financial reports to the executive team and board
- Oversaw financial operations, budgeting, and forecasting
- Implemented integrated financial reporting and controlling systems, improving process efficiency
- Developed financial policies ensuring compliance with regulations and standards
- Executed inventory control systems, reducing costs and improving management
- Analyzed financial data and KPIs to provide strategic insights to senior management
- Managed cash flow, working capital, and financial risk
- Supported business planning, investment decisions, and cost management initiatives
- Implemented new financial reporting systems, enhancing accuracy and efficiency
- Collaborated on departmental budget development and expense monitoring
- Prepared financial models and business cases for capital projects
- Managed procurement activities, supplier negotiations, and inventory levels
- Ensured compliance with tax regulations, prepared and filed tax returns, and conducted tax planning
- Managed salary calculations and disbursements, ensuring accuracy and compliance
- Monitored and managed operational costs, prepared budgets, and implemented cost control measures
- Designed and implemented enterprise inventory management and financial software solutions (Micros, Xero).
General Accountant
Pret To Go _ Hospitality (F&B)
03.2019 - 05.2021
- Conducted regular trial balance reviews and oversaw preparation and analysis of monthly and annual financial statements, including branch-wise reports
- Prepared annual budgets and periodic forecasts to align with business goals and ensure effective resource allocation
- Led financial audits, coordinating with auditors to ensure timely completion and compliance with audit standards
- Calculated production costs and set competitive selling prices based on market demand and competition
- Managed daily financial operations, including revenue reconciliation, fund collections, accounts receivable management, and month-end closures
- Measured product costs, evaluated profitability, and analyzed results to compare standards with resource utilization and wastage
- Analyzed daily cash flow and prepared monthly cash forecasts to manage cash requirements efficiently
- Performed monthly bank reconciliations and reconciled balance sheet accounts for accuracy
- Conducted timely VAT reconciliation, return filing, and payment
- Prepared monthly sales reports, including cost-centre and customer-wise profitability analyses.
- Prepared detailed cash flow analyses for management review, highlighting potential areas of concern related to liquidity issues or potential shortfalls in operating funds.
Accountant and Auditing Assistant
NJ Thom and Company _ Chartered Accountant
04.2017 - 01.2019
- Participated in month-end and year-end closings
- Assisted in budget and forecast preparation
- Reconciled bank statements and financial records
- Maintained and updated accounting documentation
- Processed accounts payable and receivable
- Communicated with clients and vendors to resolve issues and ensure accurate financial information.
Education
Master's Degree - Commerce
Bharathiar University
Coimbatore 04.2001 - 01.2018
Bachelor's Degree - Commerce
University of Calicut
CalicutCertification
Certified Management Accountant (CMA)
Personal Information
- Date of Birth: 01/06/1994
- Nationality: Indian
- Marital Status: Married
- Visa Status: Employment Visa
Timeline
Senior Accountant
DLISH CAFÉ LLC _ Hospitality (F&B), Trading & Media
05.2021 - Current
General Accountant
Pret To Go _ Hospitality (F&B)
03.2019 - 05.2021
Certified Management Accountant (CMA)
09-2017
Accountant and Auditing Assistant
NJ Thom and Company _ Chartered Accountant
04.2017 - 01.2019
Master's Degree - Commerce
Bharathiar University
04.2001 - 01.2018
Bachelor's Degree - Commerce
University of Calicut
Financial Modeling and Valuation Analyst (FMVA) - Pursuing
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