Summary
Overview
Work History
Education
Skills
Websites
Affiliations
Professional Development
Software
Certification
Timeline
AdministrativeAssistant
Salman Ahmad

Salman Ahmad

Finance Manager
Dubai

Summary

ACCA member and seasoned finance professional with over 12+ of comprehensive experience in financial management and control within 5 different industries. MBA final semester candidate from University of Strathclyde (Top 100 MBAs in the world).Proven expertise in steering the financial planning and analysis, budgeting, forecasting, and reporting processes to foster organizational growth and financial health.

Overview

11
11
years of professional experience
1
1
Certification
3
3
Languages

Work History

Manager Budgeting

Royal Group
6 2023 - Current
  • Direct market and client trend analyses to deliver insights to supported departments and the Shared Service Centre team
  • Enhance revenue and volume analysis focusing on volume trends and product mix for strategic planning, annual budgeting, and quarterly forecasting
  • Co-ordinate with legal, client contract management, and controlling teams to ensure efficient execution and compliance of client incentive contracts
  • Identify market development opportunities, provide financial support for strategies, and optimise client profitability through pricing and interchange discussions
  • Lead expense planning, offer financial leadership, track performance, analyse variances, and advise cost centre managers on budget commitments for forecasting and budgeting
  • Deliver financial analysis for forecasting contra-revenues, track executed deals, provide real-time performance analysis, and conduct monthly/quarterly deal reforecasting
  • Manage deal modelling for clients through business alignment and compliance, prepare deal approval documents, and review incentive proposals to optimise risk-adjusted returns
  • Direct finance transformation initiatives and enhance corporate finance strategies in compliance with legal regulations and corporate governance standards across global networks, including the MENA market
  • Spearhead budgeting and financial operations management and optimise treasury management, VAT, and inventory accounting processes, while upholding internal controls and operational excellence
  • Adhere to ESG and corporate governance principles, address complex tax and legal compliance issues, and facilitate IPOs through effective problem-solving and interpersonal communication skills.

Chief Accountant

Integrated Industries LLC
11.2018 - 05.2023
  • Managed a 200M AED budget and optimised financial performance by identifying budget variances and implementing corrective actions, and compiled comprehensive management reports, including QBR
  • Improved operational efficiency by revamping business procedures, policies, and systems as well as ensured timely tax submissions by reviewing documents for compliance with local regulations
  • Prevented fraud and resolved accounting errors through weekly bank reconciliations as well as negotiated favourable terms with customers and vendors to secure credit, payment, and discounts
  • Efficiently enhance cash flow by managing international accounts payables from China, Sri Lanka, and India and receivables from Oman and KSA
  • Analysed company’s financial health by reviewing balance sheets, revenue and expense reports, and cash flow statements
  • Directed accounting and finance operations, including reporting, internal controls, taxation, treasury, and cash flow management
  • Prepared financial forecasts to assess and communicate the long-term viability of new ventures to executives and business partners
  • Supported financial decision-making by analysing MIS financial statements and presenting final evaluation reports to senior leadership
  • Conducted due diligence and provided insights for strategic business and investment decisions at the executive level
  • Ascertained regulatory compliance with VAT and economic substance laws to maintain legal and market standing
  • Developed strategic financial plans in collaboration with the business support team to project long-term growth
  • Assessed internal controls through regular audits to ensure adequacy in accounting and finance operations
  • Standardised accounting and reporting by aligning systems and processes with IFRS and IAS standards.

Senior Accountant

Green Coast Enterprises LLC
04.2018 - 11.2018
  • Upheld company reputation by promptly processing vendor payments using Oracle workflow and co-ordinating with real estate managers
  • Ensured timely payroll processing and disbursement via WPS and Direct Transfer in collaboration with the GCE HR team
  • Led a team of 4 staff members to manage accounts payable, book vendor invoices, create reports, and maintain records
  • Generated weekly cash flow statements for banks and asset management firms to confirm liquidity and profitability
  • Distributed departmental costs to subsidiaries to ensure effective expense management
  • Maintained fixed asset register for accurate financial and non-financial asset data.

Senior Accountant

Abu Dhabi International Medical Services LLC
10.2014 - 02.2018
  • Contributed to establishment of 'Unison Capital Investment' by conducting thorough due diligence on long-term risks, costs, and future cash flows
  • Identified and rectified posting errors across sales and purchase invoices, banking transactions, accruals, and provisions
  • Enhanced planning accuracy by integrating Hyperion with Sage 300 for enterprise-wide budgeting and forecasting
  • Handled AP and AR functions, including report preparation, collection statements, and transaction processing
  • Ensured accurate recording of revenues, commissions, and expenses through meticulous data analysis
  • Managed a team of 5 accountants in day-to-day and month-end accounting operations
  • Processed payroll for over 100 employees in co-ordination with the HR department.

Finance & Accounts Officer

Service Sales Corporation (Pvt) Ltd
02.2013 - 09.2014
  • Implemented a 3-way matching process to automate the accounts payable system, whilst preventing incorrect and fraudulent invoices or payments
  • Conducted detailed and transparent audits of historical accounting records to accurately differentiate and record CapEX and revenue expenses
  • Regularly updated the Purchase Register (Annex-A) on a monthly basis to ensure accurate financial records
  • Validated financial information for corporate and wholesale sectors through meticulous reconciliations.

Education

Master of Business Administration -

University of Strathclyde
Dubai, UAE

Advanced Diploma in Accounts and Business - undefined

Association of Chartered Certified Accountants
Glasgow, United Kingdom

Bachelor in Commerce - undefined

University of Punjab

Skills

Financial Planning and Analysis

Affiliations

  • Registered Member, UAECA (Accountants & Auditors Association UAE) - 2020
  • Registered Member, Association of Chartered Certified Accountants (ACCA) - 2017

Professional Development

  • Advance MS Excel – Macros, Genesis Institute Dubai - 2016
  • Certificate in Fast Closing, INFORMA - 2014
  • Computer/MS Windows/MS Office, ILM Institute of Technology - 2007

Software

SAP

Oracle R12

Advance Excel

Dundas BI

Hyperion

Quick Books

Power Point

Sage 300

Certification

ACCA

Timeline

Chief Accountant

Integrated Industries LLC
11.2018 - 05.2023

Senior Accountant

Green Coast Enterprises LLC
04.2018 - 11.2018

ACCA

02-2017

Senior Accountant

Abu Dhabi International Medical Services LLC
10.2014 - 02.2018

Finance & Accounts Officer

Service Sales Corporation (Pvt) Ltd
02.2013 - 09.2014

Manager Budgeting

Royal Group
6 2023 - Current

Master of Business Administration -

University of Strathclyde

Advanced Diploma in Accounts and Business - undefined

Association of Chartered Certified Accountants

Bachelor in Commerce - undefined

University of Punjab

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