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Finance and accounts analyst

Location:
Kuwait City, Al Asimah Governate, Kuwait
Posted:
March 03, 2018

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Resume:

Mr. Syed M S J Rumi

+965-******** +965-********

Flat-47, 8th Floor Build-91 Str-11 Blk-10 Salmiya Kuwait

ac4omy@r.postjobfree.com, ac4omy@r.postjobfree.com

Key Skills

Professional Skills

•More than eight years of experience in Financial Analysis, Reporting, Budgeting, Accounting, Internal Audit and Risk & Control

•Experienced in Financial modelling and forecasting (Discounted Cash flows, NPV & IRR)

•Experienced in preparation of feasibility reports for projects & investments

•Experienced in analysis of financial statements (Ratio analysis, Variance analysis, Trend analysis and decision support)

•Work-experience gained in Shipping, Hospitality, Production, Food Retail, Fashion Retail & FMCG companies

•Experienced in leading, facilitating and participating in management meetings to perform the function of decision support

•Experienced in plotting process flow charts and devising policies & procedures (SOP’s)

•Experienced in preparation and presentation of concise verbal, visual and written reports with expert level usage of Microsoft Office

•Working experience with ERP’s (such as Microsoft Dynamics AX)

•Experienced in book-keeping

Education & Qualifications

•Certified Internal Auditor (CIA) - (under process)

•Qualified as an MSc. Financial Management from United Kingdom

•Qualified as an MBA with Finance Major

Adaptability, Team Management & Problem Solving

•English (Fluent), Urdu (Native), Hindi (Fluent), Arabic (Basic)

•Professional written and verbal communication and interpersonal skills

•Experienced in problem-solving with long term result oriented approach

•Experienced in working under pressure and manage multiple tasks simultaneously

•Experienced in leading, facilitating and participating in management and team meetings

•Ability to establish and retain effective working relationships with colleagues, and communicate clearly and effectively, both written and verbal

Professional Experience

July 2012 – Present Al Homaizi Group Kuwait

Job Title: Financial Analyst

Job Objective – Perform analytical decision support function for the senior management. Execute & facilitate business planning, preparing budgets, performance analyses and reporting as per business requirement.

Job Responsibilities

•Performing analysis of business performance based on results

•Preparation of financial statements and management reports

•Performing financial modelling as per key performance metrics

•Preparing feasibility reports for new projects and products

•Preparing periodic rolling forecasts

•Preparation of annual budget for the group and subsidiary companies

•Preparing budgetary control & performance reports

•Reviewing financial statements for integrity and accuracy

•Monthly financial consolidation for the group

•Preparing revenue/performance analyses

•Developing and circulating weekly reports on business performance (KPI’s)

•Leading the annual budget process throughout the organization

•Assisting departments in usage of budget as a key management tool in achieving monthly business/financial targets

•Ensure relevant information is delivered through presentations during business meetings to facilitate decision-making

•Ad-hoc requirements by the CFO and department heads for performance analysis and decision support

Job Title: Audit Executive – Risk Management

Job Objective - Develop a comprehensive, flexible and dynamic audit programme which provides complete audit coverage including risk &control, compliance and governance

Job Responsibilities

•Risk identification, assessment & profiling

•Preparation of Management reports identifying risk areas and deficiencies, their implications and recommendations

•Establishing risk response and mitigation mechanism & controls

•Quantifying & analysing critical risks

•Conducting substantive tests of Income Statement and Balance Sheet items

•Execute annual audit plan

•Reviewing and assessing existing processes, procedures and controls for evaluating the effectiveness of these controls

•Preparing policy & procedures

•Monitoring & facilitating the implementation of systems, policies and procedures

•Preparing strategic audit reports in line with the reporting guidelines

•Conducting special investigations and independent reviews in areas related to fraud control and risk as directed by senior management

•Performing substantive analyses to corroborate audit findings

•Performing ad-hoc and routine investigative activities on key risk areas

•Conducting inventory control process compliance audits as per the annual audit plan

•Performing risk assessment of procurement activities periodically

•Conducting Year-end stock takes and surprise cash counts as per audit plan

Sep 2008 – July 2012 Al-Kazemi Int’l Group of Companies W.L.L. Kuwait

Job Title: Financial Analyst

Job Objective – Providing relevant, timely and accurate financial and management information to senior management in adherence to strict deadlines to facilitate decision-making.

Job Responsibilities

•Preparation of monthly financial statements, variance analyses and financial performance reports

•Preparing feasibility reports for new projects

•Preparing sales and performance forecasts periodically for management

•Assisting in preparation of budget and budgetary analytical reports

•Arranging, facilitating and presenting during performance review meetings

•Performing analysis of financial information from the ERP

•Issuing monthly financial results for management and financial controllers

•Preparing briefing material to support the planning and quarterly business reviews

•Providing reports to senior management as per requirements of the business

•Determining financial position by comparing and analysing budget forecasts with actual performance

Job Title: Internal Auditor

Job Objective - Enhance operational efficiency through process mapping and SOP implementation and to increase productivity and efficiency through continuous improvement of processes. Identify critical risk areas in the current business operations and propose improvements to the board.

Job Responsibilities

•Preparing clear and concise audit work papers

•Preparation of audit reports substantiated by statistical data analysis

•Documenting audit procedures followed for audit engagements as per the audit plan

•Preparing written audit communications between audit seniors and management

•Leading and performing process audits

•Developing audit programs as per business objectives

•Conducting internal audits and presenting periodic reports in line with standards and principal guidelines

•Mapping processes and performing quantitative tests for the effectiveness and application of operational controls

•Evaluating the effectiveness of the company's policies and procedures in view of the goals of the business

•Ensuring compliance through audit engagements

•Establishing and assuring the adequacy of controls for safeguarding company assets

•Conducting efficiency checks for utilisation of company assets

•Performing assurance based process audits for operations, finance and sales departments

•Performing risk assessments as requested by the higher management

Aug 2006 – May 2008 J. Lines and Sons (Pvt) Ltd United Kingdom

Job Title: Senior Accountant

•Overseeing daily accounting activities to maintain the company’s general ledger

•Reporting monthly financial information

•Completion and review post-closing reconciliations (balance sheet accounts) and ensuring balances are properly supported and documented

•Maintaining detailed records and files to document financial transactions and journal entries

•Facilitating budget and forecasting activities

•Supporting finance department members to achieve overall department objectives

•Monitoring department work-flows to develop more efficient procedures and use of resources while maintaining a high level of accuracy

•Implementing and recommending measures to improve productivity, increase efficiency and cut costs

•Ensuring timely year-end audit and providing reports as required

•Training junior colleagues on daily routines and tasks

•Communicating frequently with higher management regarding priority issues

Aug 2003 – Sept 2004 Pakistan Mineral Water Bottling Plant Ltd Pakistan

Job Title: Accountant (Payables & Receivables)

•Checking petty cash disbursements and cash receipts

•Dealing with day-to-day tasks of handling paperwork

•Liaising with clients and business associates

•Keeping track of payments and receipts from clients and suppliers

•Analysis of financial information from the internal information system

•Following-up payments from clients and advising on supplier payment solutions

•Processing payment documents and updating client/supplier accounts

•Receiving and processing international shipment debit notes

•Invoicing clients and following-up due payments

Education

2005 – 2006 MSc Financial Management - University of East London

Key modules attended:

Corporate Finance, Financial Markets & Investment Management,

International Finance

Research Project – Investment Climate in Emerging Economies

Investigating the factors that determine the level of risk associated to a foreign investment, and how to mitigate risks while operating in foreign capital/equity markets

2001 – 2003 MBA Finance - Hamdard University

Key modules attended: Credit Evaluation and Risk Management, Financial Management, Operations Management, Services Marketing, Corporate Finance, Cost Accounting, Managerial Accounting & Financial Accounting & Financial Modelling

1998 – 2001 BBA Finance & Information Technology - Hamdard University

Key modules attended: Analysis of Financial Statements, Advanced Accounting, Managerial Accounting, Human Resource Management, Information Technology, Database Management Systems, Management Information Systems, Consumer behaviour

Other Activities

Event Co-ordinator- Hamdard Institute Of Management Sciences- March 2000

Organised Social Welfare Events (Hamdard Institute Of Management Sciences- January 2001)

Co-organiser for various academic events such as seminars and debates (University Of East London - United Kingdom – 2004/05)

Personal Details

Date Of Birth 3rd Day Of August 1980

Nationality Pakistani

Place Of Birth Karachi, Pakistan

Father’s Name Syed Zafar Amin Rumi

Passport # AA9294132 CNIC-42101-8171413-3

Civil ID Kuwait 280*********

Driving License Kuwait –280*********, UK –CA51290331, Pakistan–LA1144745

Visa Status Transferable Article # 18

Notice Period Negotiable

References

1-Mr. Vijay Raghavan – Regional Manager Risk Management - LSH Holding Co – Al Homaizi Group Of Companies W.L.L. Kuwait (Contact- +965-******* Ext: 1138)

2-Mr. M. Jamil Qureishi - General Manager - Al-Kazemi Int’l GTC Group Co. W.L.L. Kuwait. (Contact- 009**-****-****/2 ext.200)

3-Mr. Moizuddin Siddiqui - General Manager – J. Lines & Sons London, United Kingdom. (Contact- 004*-***-*** 2055)

4-Mr. S M Saleem - CEO - Pakistan Mineral Water Bottling Plant, Karachi, Pakistan. (Contact- 009*-***-***-***)



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