SHANIL HUSSAIN

Industry : Events - Festivals, Entertainment, Experiential, Corporate, Sports & Immersive.

Promoted from Finance Manager to Sr. Finance Manager

Key Achievements:

• Prepared detailed budgets, financial forecasts, and long-term strategic plans in collaboration with department heads.
• Oversaw event budget planning and settlements for high-profile events, with budgets ranging from AED 5M to AED 120 M.
• Conducted monthly, quarterly, and year-end closings with full IFRS compliance and coordinated with external auditors.
• Built 15+ real-time Power BI dashboards that improved financial visibility and reduced reporting time by 40%.
• Collaborated with the CEO and executive team to align finance strategy with company objectives and project delivery.
• Managed working capital, cash flow projections, and treasury activities, improving project liquidity by 30%
• Oversaw budgeting, accounting, procurement, and fund management as Controller for diverse project portfolios.
• Conducted project cost analysis, resource allocation, and profitability tracking for high-value events.
• Led ERP implementation and workflow process optimization to integrate departments and enhance financial visibility.
• Introduced SOPs for procurement and finance functions, improving transparency and approval speed.
• Supervised VAT filings, calculations, and corporate tax readiness, ensuring regulatory compliance.
• Managed commercial aspects of client and vendor contracts including invoicing, collections, tax implications, and payment structures.
• Processed monthly payroll and coordinated closely with HR for timely and compliant salary disbursements.
• Built and managed a high-performing finance team, including recruitment, training, and KPI monitoring.
• Led, coached, and mentored the 5-member finance team, ensuring delivery of departmental KPIs and fostering continuous development.
• Cultivated strong relationships with banks, securing project-based credit lines and guarantees.
• Liaised with government authorities for company formation and corporate legal compliance matters.

Industry: B2B and IP Events, – Conference, Summits, Exhibitions, Investment Platforms

Promoted from Senior Accountant to Group Chief Accountant

Key Achievements:

• Prepared and presented financial reports for Board meetings and MIS reports to Board members and Department Heads.
• Coordinated and supervised accounting and tax teams across France, USA, India, Singapore, South Africa, Saudi Arabia, and Egypt.
• Assisted in budgeting, financial forecasting, and supported strategic planning efforts with C-level executives.
• Executed monthly financial accounting tasks per IFRS, including group consolidation with French consolidator and liaison with external auditors.
• Managed project budgeting, cost accounting, variance analysis, performance measurement, and implemented internal controls.
• Established IFRS-15 revenue recognition protocols including cost recognition, WIP calculation, and provisions.
• Conducted financial analysis and collaborated closely with the CEO and other department heads; conducted finance training for non-finance staff.
• Projected cash flows, managed working capital, and supervised treasury activities.
• Allocated sales targets and produced weekly/monthly sales KPIs for monitoring team performance.
• Supervised Credit Control team and managed trade receivables and payables.

Industry: Contracting, Manufacturing, Import & Export Trading.

Key Achievements:

• Developed strong banking relationships, securing bank facilities, Letters of Guarantee, and Letters of Credit that improved project cash flow management and Capex purchases.
• Set up accounting systems for two new companies in the group (manufacturing and contracting units), establishing a robust financial framework and improving financial reporting accuracy.
• Standardized financial and costing reports, enabling leadership to make informed decisions faster and more accurately.
• Implemented cash flow management systems, optimizing trade receivables and payables management, which reduced overdue receivables and improved cash flow predictability.
• Established a budgeting system, improving variance analysis and reporting, which enhanced cost control and resource allocation efficiency.

Industry : Auditing & Accounting