Real Estate Manager

ABDULLAH INAM (CA, ACCA-UK, CPA, and ACA-ICAEW-affiliate)

(Assist Manager Finance at Cygnus Telecom, HO-Dubai) UAE ID No: 784-1-990-***-****

Dubai Driving License: 3653727

PASSPORT: CC1755371

ADDRESS: Tecom, Dubai

CONTACT: 009***********

E-MAIL: ************.**@*****.***

QUALIFICATION: CAT, ACCA-UK, CA-UAE, ACA-ICAEW

(affiliate), M.COM

LANGUAGES: English, Arabic (Basis), Urdu, Pashto, Hindi, Persian (Basic)

PURPOSE STATEMENT

To pursue a challenging and career oriented job in an environment that is mutually beneficial for me and for the organization by using my potential to polish my professional skills for career advantage and prove myself to be a valuable asset for my employer. EXPERIENCE SUMMARY (January 2010 to date, 7.5 Years plus, Post Qualification 5 years plus ) Duration Organization Country Position Reason for switching Jan2010-Feb 2013

(3y,2Ms)

1)Rehncy Shaheen

chartered Accountants

(Member firm of Rehncy

UK)

Pakistan

(Multinational)

Audit Assistant Contract completed/Better

Opportunity

March 2013-Sep2013 Deloitte and Touche

(World Big 4 Accountancy

Firm)

Pakistan

(Multinational)

Audit and Assurance

Associate

(Seasonal Hiring )

March 2013 Year end &

June 2013 Y/E

Jan 2014-Jan 2015 Ebiz Group of IT

Companies

Dubai –UAE

(Multinational)

Senior Accountant

Cum Internal Auditor

Contract 1 Year

Jan2015- To date Cygnus Telecom Gold

partner Thuraya (Entity of

Etisalat )

Dubai –UAE

(Multinational)

Assist Finance

Manager

Cygnus Telecom Gold partner Thuraya Telecommunications (Jan2015-To Date) Sector: Telecommunication (Services), Manufacturing & Retail Post: Assist Manager Finance (Reports to Finance Manager & CEO) Cygnus telecom is the Gold partner of Thuraya Telecommunication Company (an entity of Etisalat). Cygnus Telecom have three wholly owned subsidiaries, Planet Telecom LLC, Kansas Trading Co LLC and Selective Trading Co LLC and have 15 retail outlets.

Job Descriptions:

1) Accounts (Financial and Corporate Reporting):

Supervise and review the word done by team of Accounts Executives. Analysis, summarization and maintenance of general ledger accounts (multi currencies) and develop the chart of accounts at Individual level and group level.

Maintaining HO fixed asset register and compilation of Group Fixed Asset Register.

Handling all the complex accounting matters as per IAS & IFRS.

Review and approve postpaid Invoices as per the purchased package from Thuraya/Inmarsat-UK/AST-UK.

Liaison with the External auditor at interim and year end Audit.

Maintain a good relationship with all major corporate customers, vendors (UAE + Oversea) and handle their quarries.

Review Bank reconciliation and reconciling the branch balances with HO accounts.

Handling all bank related queries, preparation of LC, Bank guarantees letter and full filling the requirement for tendering.

Auditing the Petty cash register and payroll management.

Reviewing our pricing strategy with an impact of VAT. 2) Finance:

Assist in developing the financial strategy and plans and ensure that they are closely aligned with the entity’s overall strategy and objectives and the entity’s specific requirements.

Preparation of annual budgets (Expenditure, Production) and annual financial statements for Cygnus and Consolidated Financial statements as per IAS 27 & IFRS 3 for Cygnus Group.

Coordinating with chief accountant of Planet telecom, Kansas and Selective for all necessary information regarding the preparation of Consolidated Financial Statements.

Accounting for all mergers, acquisitions, Joint ventures and disposals as per IFRS3, IFRS 10, and IFRS 11.

Preparation of forecasted financial statements and cash budgets by using various financial models and business models.

Taking appropriate measures to avoid cash deficit (forecasted).

Analyzing the cash budgets and evaluating how much surplus to be invested.

Quarterly preparation of Management analysis reports i.e. (Revenue, G.P, Cost, Variance Analysis Report) analyzing by customer, by product, by region. What IF analysis and using other financial models.

Appraisal of various Investment portfolios through Various Models (NPV, IRR, Adjusted PV, CAPM etc)

Preparation of financial feasibility for each new satellite product of Thuraya and new investment portfolios. 3) Receivable & Payable:

Managing account receivable (70-80m AED) and payable (30m-60m AED) and approving/ensuring timely payments.

Evaluating and approving the Credit control policy and implementation.

Interim review of credit terms as per the customer credit worthiness

Follow up with all major customers for timely payment against overdue.

Reporting to Board Members for critical receivables.

Ensuring timely payment to all vendors.

Negotiating for credit terms for major Vendors.

Preparing payables forecast for whole year and adjusting payment schedule accordingly to ensure good liquidity position

4) Internal Audit

Finalizing internal audit plans (Risk based Auditing methodology) and implementing it.

Identifying plausible relationship between forecasted business and financial risk and impact on operations and corporate goals in long terms. Reviewing our plans and tailoring our internal control procedures accordingly as per the degree of risk and take appropriate measures to reduce or eradicate to the maximum extent.

Conducting/Supervising internal, financial and operational audit quarterly.

Ensuring segregation of duties.

Reviewing internal control effectiveness and place recommendations to the BOD for further improvement if required.

To eradicate the chances of fraud and embezzlement ensure job rotation.

Ensure the confidentiality and security of all financial files and financial instruments.

Cost and quality appraisal to achieve value for money.

Conducting the training session at Cygnus HO and branches regarding IFRS and its application.

Conducting presentation about VAT, Vat returns, Capital good scheme, exempt item in HO. 5) Logistics:

Random check on logistics team and evaluate their work effectiveness and efficiency.

Monthly review the stock quantity and stock movements. Employer: eBiz Group of IT Companies UAE (Jan, 2014 to Jan15) EBiz is a group of IT companies having offices in UAE, India and Qatar. It deals in Accounting and finance software for Real estate, Contracting, Retail, FMCG business and other SMEs. Senior Accountant cum Internal Auditor (Reports to General Manager) Job Descriptions:

Review and verification of purchase orders, goods receipt notes, purchase invoices, sales order, delivery notes, sales invoices, bank receipt voucher, bank payment voucher, Expense JV, debit notes, credit notes, material in, material out, Stock transfer, Stock count.

Analyzing the sales, purchase, payment, receipt and logistics process to eradicate loop holes

Petty cash management and Bank reconciliation and analyzing payroll process.

Preparing and reviewing all the accounting for each new project of eBiz (New Software Development)

Reviewing Valuation of Intangible assets (Accounting Software) as per IFRS (IAS38).

Conducting Internal Control evaluation and risk assessment to identify loopholes and areas requiring management intervention to prevent frauds, embezzlement & misappropriations.

Preparation of financial statements, cash budgets and other management reports for eBiz.

Work parallel with senior management in Business management for cost reduction techniques and to achieve value for money.

Provide counseling and handling eBiz clients regarding accounting software e and accounting problems.

Managing Account Receivables and Account Payables (Creditor and Debtor age analysis).

Preparing payments by verifying documents and requesting disbursements. eBiz Clients: Al Fajer Group, Rivoli Group, Best choice real estate, Foot prints real estate, Al Hamshari real estate, Mozoon Group, Harbor Real Estate, Seven states Real estate, Luxury Autos, Geepass Group AUDITING & FINANCIAL SERVICES EXPERIENCE (3Y, 9Ms): Rehncy Shaheen Chartered Accountants: (Jan2010-Feb2013) Rehncy shaheen chartered accountants Pakistan is the member firm of Rehncy UK. Post: Audit Assistant (Reports to Audit Manager)

With Rehncy shaheen chartered accountant I completed the Practical Experience requirement for ACCA membership (3 years) and submitted to ACCA upon completion.

During these three years and two month I worked on various assignments like External Audit, Internal Audit, Due Diligence, Tendering Process, Corporate Tax Return, VAT, VAT Returns, Financial feasibility, budgeting Etc.

During this span of time I worked in the capacity of Junior-Audit assistant (Team member), Semi Senior audit assistant (Senior Team member) and Senior Audit assistant (Senior/Job In charge)

As an Audit assistant (senior) I was capable to handle any assignment on any client from any sector (like FMCG, Oil and Gas, Retail, Manufacturing, Services, Financial Institutes etc) from execution to Finalization level. Deloitte International (March13-Sep13) is world’s Big 4 accountancy firm. Joined Deloitte in Seasonal hiring and have worked on various clients at year end assignment (y/e March 2013 & y/e June2013). Job Description (Audit and Assurance Associate & Audit Assistant-III):

Review the Audit working papers.

Carried out audit planning, risk assessments, development and execution of substantive and analytical audit procedures and review of financial statements in accordance with the International Standards on Auditing (ISAs).

Identification of Audit and Business risk, response to audit risk/business risk, internal control assessment and risk based audit approach as per Deloitte methodology.

Verifying compliance with various laws and SOP’s and suggestions regarding internal control effectiveness and ensuring Sarbanes-Oxley (SOX) Compliance as per company policy.

Identification of Control weaknesses and sharing with clients as per ISA 265/260

Managing to complete allocated assignments in line with respective timeline.

Coordinate with clients at the start of the allocation and prepare detailed project plan and communicate / agree on dates and schedules with the client.

Organize and attend preliminary meetings with clients. Communicate the audit process involved and the requirements for audit.

Understanding and ensuring the importance of adding value to the client's business.

Responsible for delivery of assurance engagement all through the planning, execution and completion phases.

Added value to clients by assessing internal controls and performing risk assessment procedures and providing recommendations for a more streamlined financial reporting process in compliance with the standards.

Responsible for mentoring and training associates and trainees on the job. External Audit & Internal Audit Major Clients (Audit of Financial Statements, Internal Audit, Review, Due Diligence Assignments, Financial Budgeting other Assurance assignments):

1. Egyptian Telecommunication Company LLC

2. Oil and Gas Corporation LLC (State owned oil exploration co) 3. UCH Power LLC (Oil and Gas USA company)

4. Maari Gas LLC

5. Etisalat Afghanistan (wholly owned Subsidiary of Etisalat UAE) 6. Adam Food (FMCG)

7. National Institute of Banking & Finance-NIBF (Entity of State Bank of Pakistan) 8. Azad Jammu and Kashmir Bank (AJK)

9. Olpers Ltd. (FMCG)

10. DFID-International UK NGO (Health project: Worked on Audit Planning, Need verification, Plan implementation and verification of Resource utilization as per the approved plan) 11. ProPoor-International UK NGO (Educational Project: Worked on Audit Planning, Need verification, Plan implementation and verification of Resource utilization as per the approved plan)

12. Oxford University Press LLC

13. AVT Khyber (Media Channel): (Internal Audit Assignment) 14. Peshawar Electricity Supply Co: (Internal Audit Assignment ) EDUCATION & PROF ESSIONAL QUALIFICATIONS

LICENSES /

QUALIFICATION

NAME OF

INSTITUTE/PROFESSIONAL

BODY

YEAR PERCENTAGE/GRADE/

STATUS

CA-UAE

(Member-0837)

Auditor and Accountant

Association UAE

2015 Member since July 2015

CPA License

(Membership M-1573)

Institute of Certified Public

Accountants of Pakistan

(ICPAP)

2015 Member since Nov 2015

CA-England and Wales

(ACA-affiliate#3228988)

Institute of Chartered

Accountants in England and

Wales (ICAEW)

(The world oldest CA body)

2014 Advance stage

Business Change: Passed

Business Reporting: Passed

Master Degree

(M.COM)

HEC-Pakistan 2016 Completed

ACCA-Member

(Membership:2168569)

Association of Chartered

Certified Accountants UK

(ACCA)

2012 Qualified in June 2012 (Passed all ACCA papers within 2 years)

CAT (Certified

Accounting Technician)

(Reg:1968376)

Association of Chartered

Certified accountants UK

2010 Qualified (Passed all CAT papers

within 6 months)

AVERAGE %AGE

78.44%

COMPUTER SKILLS

Computer packages worked/works on (Advance user):

• MS Word, Excel, Power Point

• Audit System 2 (Deloitte)

• SAP & ORACLE

• Analyst Real Estate

• Analyst Contracting

• Microsoft Dynamics

• Peachtree (SAGE 50) & Tally

• Analyst ERP, Management

System(Payroll, HR)

• Orion ERP

• Analyst Customer

Relationship management

(CRM

ACHIEVEMENTS/HONOURS

• Passed C.A.T in minimum possible period of six months (1 attempt) June10

• 78.44% aggregate in CAT

• Passed ACCA in short time of 2 years or 4 attempts (Dec10-june12)

• Passed Business change paper (Advance stage ICAEW) in Nov13 attempt

• Passed Business Reporting Paper (Advance stage ICAEW) in Nov14 attempt

• Chartered accountant-UAE, member of Auditor and Accountant Association-UAE since July 2015.

• CPA Licensed since November 2015.

REFERENCE

Reference will be furnished upon request

Contact this candidate