SHAFEEK KS
Dubai
Summary
Finance Manager, Account Manager, and Senior Accountant lead with 12 years of experience with certified and honored in accounting and finance; monitoring 10+ finance employees and 100+ organization results increased productivity and efficiency by 50%; promoted in management positions with industries specific in auditing, construction, contracting, manufacturing, FMCG, F&B, hospitality, insurance, real estate, advertising, retail, and logistics.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Finance Manager
DIMX GROUP
12.2018 - Current
- Mentored a team of 10 finance professionals, resulting in a 30% increase in productivity and efficiency
- Developed and implemented a new financial reporting system, reducing report generation time by 50%
- Negotiated favorable terms with vendors and suppliers, proceeding with a 10% reduction in expenses without compromising quality
- Piloted 100% financial analysis and forecasting, identifying opportunities to increase profitability through cost reductions and pricing strategies, resulting in a 25% increase in net income
- Optimized financial reporting processes, reducing the monthly closing time by 50% and improving the accuracy of financial statements
- Established a new budgeting process that decreased spending by 10% while increasing productivity by 15%, generating 10% savings for the company.
Account Manager
EXACT FZ LLC
06.2016 - 12.2018
- Analyzed market trends and competitor data to identify new business opportunities, resulting in a 25% increase in the customer acquisition rate
- Introduced a new reconciliation system that reduced the month-end turnaround time from 4 days to 2
- Formulated sales strategies that boosted revenue by 25% within the first year
- Persuaded cost-saving measures, resulting in 15% savings for the company
- Approved 5-6 hours by evaluating, streamlining, and automating weekly reporting processes
- Slashed payroll/benefit administration costs by 20% by negotiating pricing and fees while ensuring the continuation and enhancement of services
- Conveyed monthly analysis and prepared financial reports for senior management, identifying trends and variances that drove a 15% increase in ROI.
Senior Accountant
FOI TECHNOLOGIES (PVT) LTD
06.2012 - 05.2016
- Spearheaded financial statement analysis for 100% valuable bookkeeping insights on revenues, payments, assets, liabilities, cash flow, working capital changes, and equity
- Expanded use of accounting cloud software practices to enhance data security and dealt 5 hours per week, saving the department by 10% weekly
- Conducted financial analysis and reconciled accounts, resulting in a 30% reduction in discrepancies and increasing accuracy in financial reporting
- Collaborated with cross-functional teams to streamline processes and improve efficiency, resulting in a 20% reduction in turnaround time
- Adapted a 100% efficient Microsoft Excel-based financial record-keeping system, capturing critical data on petty cash, accruals, prepaid, deferrals, and monthly adjustments, ensuring 100% compliance in audit reports.
Education
Master of Business Administration - Finance
National Institute of Business Management (NIBM)
Bachelor of Commerce - Finance
Calicut University
Skills
- Financial Strategy
- Financial Reporting
- Financial Planning
- Financial Analysis
- IFRS Standards
- GAAP Principles
- Risk Management
- Corporate Finance
- MIS Reporting
- Tax Reporting
- Consolidated Financial Statement
- Key Account Management
- Cost Control
- Budgeting and Variance Analysis
- Payroll
- Auditing
- Account Reconciliation
- Tally ERP
- Peachtree
- Sage
- Xero
- QuickBooks
- Zoho books
- Microsoft Office
Websites
Certification
- Common Proficiency Test
- Orientation Program
- Information Technology
- Microsoft Office
- Financial Planning, Performance and Analytics (Part One)
- Strategic Financial Management (Part Two)
- Certified Management Accountant, USA
- Financial Risk Analytics
- Corporate Finance
- Financial Management
- Financial Accounting
Honorsandawards
Top Scorer, 92%, A, Bachelor of Commerce
Other
Tally ERP, Peachtree, Sage, Xero, QuickBooks, Zoho books, Microsoft Office, UAE Driving License Automatic, Malayalam, English, Hindi, Employment Visa, 15 Days
Timeline
Finance Manager
DIMX GROUP
12.2018 - Current
Account Manager
EXACT FZ LLC
06.2016 - 12.2018
Senior Accountant
FOI TECHNOLOGIES (PVT) LTD
06.2012 - 05.2016
Master of Business Administration - Finance
National Institute of Business Management (NIBM)
Bachelor of Commerce - Finance
Calicut University
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