MOHAMMAD NAZIM

Contacts: +009**-**-*******

E-mail: ad3e25@r.postjobfree.com

Senior level professional having extensive years of experience in Corporate Financial Planning and Strategic Planning in Construction seeking challenging assignment with reputed companies in Construction & Engineering

PROFILE SUMMARY

• A dedicated Chief Financial Officer with the experience of 20 years in Financial Planning and Budget Management Functions

• Expertise in handling a wide spectrum of finance & accounts activities encompassing finalization of accounts, cash flow management, etc.

• Fund raising, in the form of Bank Finance (Fund based limits and Non Fund based limits). It includes Usance L/C, SBLC, PPC Discounting, Stock Finance and Islamic Finance as well.

• Skilled in formulating budgets and implementing systems / procedures, conducting analysis and formulating key reports to exercise financial control & overall efficiency of the organization

• Hands-on experience in reviewing & analyzing of financial performance & variance analysis, audit, financial & statutory compliances

• Well-versed in internal control and audit, budgeting, MIS, consolidation & finalization of accounts

• Hands-on experience in administering daily operations of the accounting department

• Expertise in handling a wide spectrum of accounts activities encompassing finalization of accounts, cash flow management, etc.

• Expertise in handling employees and controlling audit, reporting, systems and business analysis

• Upholding direct responsibility for accounting, finance, forecasting, strategic planning, job costing and process costing, legal and financial due diligence, deal analysis and negotiations, investor relations etc.

• Proficient in analyzing and cutting down key elements of the company's risk profile

• Well adept and experienced in partnering with an executive team with a high level of written and oral communication skills

MAJOR ACHIEVEMENTS

Fund raising to the tune of AED 500 Million from banks and financial Institutions. In the form of Fund based limits and Non Fund based limits.

Company listing with various government departments and major clients i.e. Nakheel, Emaar and Dubai Media City etc.

Recoveries of Bad Debts to the tune of AED 10 Million.

Substantiate of Variations to the projects amounting to AED 28 Million.

Assisting the commercial department in order to obtain Project Completion certificate.

Assisting the Commercial Department to obtained payment certificates on Time. SKILLS SETS

Accounting Operations Budgeting & Cost Control Audit Liaison & Coordination Team Management Financial Planning & Control Working Capital Management Statutory Compliance Fund Raising CORE COMPETENCIES

Managing finance functions involving determining financial objectives and designing & implementing policies & procedures to facilitate internal financial & process controls and effective decision-making

Developing timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP) Ensuring and enforcing compliance with internal financial and accounting policies and procedures Maintaining all supporting information for the annual audit and coordinating with internal and the external auditors as necessary

Documenting complete and accurate supporting information for all financial transactions Designing and implementing policies and procedures to ensure that personnel and financial information is secure and stored in compliance with current legislation Maintaining guidelines for budget and forecast preparation, and preparing the annual budget Coordinating with program directors and project managers with the preparation of budgets for funding applications

Maintaining and up-keeping financial records in a manner that facilitates management reports Ensuring the preparation of accurate and timely financial statements in accordance with contract agreements with funders

DETAILED WORK EXPERIENCE

My recent role as a Finance Head in AECC includes wide range of activities. The brief description is enunciated in the following lines.

Working capital Management is wider term, it is not only include cash flow management, but fund raising as well, liaising with Financial Institutions and banks in order to suffice the working capital requirement with lowest financial cost. In any business there will be need of bridge finance based on proactive approached one has to be capable enough to evaluate the same accordingly it need to resolve based on various methods i.e. LC’s and PPC discounting and factoring facilities, and simultaneously I have to make sure that these facilities have to be utilize in an effective manner. So that profit can be maximized with smooth business operation.

Procurement department is reporting to me therefore it become immense to have effective procurement with lowest purchase price and favorable commercial terms, Timely delivery and last but not least quality of the items along with required certification i.e. if any. Since steel price is very volatile therefore I have to make sure for quality as well as lowest cost and favorable commercial terms.

Logistic is integral part of effective financial Management, we should not have over supply as well as short of material also be responsible factor for profitability. Precious items i.e. Steel etc. need to be purchased in an effective manner keeping in view Funds deployment to be minimize as well as.

Inventory Management I need to do the ABC Analysis, under A category expensive item and their delivery schedule need to be analysis approximately 60% whereas B category covered average price items to the tune of 30% of total Inventory whereas C category for remaining 10% items.

Commercial Department also reporting to me therefore I need to make sure that commercial terms should not be against our company then apart from routine Contract FIDIC interpretation along with commercial terminology i.e. Defects maintenance period liability, Retention clause, advance amortization etc. need to be properly placed in the contract. Then documentation for variation and their approval flow need to be documented as well as implemented, just to make sure that we are raising our claim on regularly and timely basis. Simultaneously I have to make sure that all required certificates i.e. Guarantees and warranties need to be obtained.

Taxation Matter I need to make sure that accurate VAT return need to file on or before the due date, and VAT has to be paid properly to FTA. As far Corporate Tax is concerned, we have just in process to obtain TRN for corporate Tax, and I have to make sure about all compliance aspect.

Bidding is coming under Estimation department but I have to make sure that the commercial department has considered each and every element of cost beside cost of Direct material, Direct labor and Direct overheads t i.e. Indirect cost ( Bank Charges for Bank Guarantees, Insurance premium and Office overheads and portion of admin staff Salary). Since we require to have Bid Bonds, Advance payment Guarantee, Performance Guarantee and retention guarantee. Before issuing any guarantees I have to make sure about Margin requirement as well as legal implication of these guarantees i.e. Open Ended or Close Ended bank guarantees.

HR, and Admin departments are also reporting to me. Therefore I have to make sure about compliance requirements as per UAE laws, Gratuity provision, Leave Salary provision, and Air Ticket provision etc.

WORK EXPERIENCE

Finance Head- Agility Engineering & Cont. Sep2018 To ETA -Ascon as CFO Sep2015- Sep2018

Evan Lim Penta as Finance Manager Dec2012-Sep2015

BENYAN Dev–Finance House as Finance Controller Dec2009-Dec.2012 KEY RESULT AREAS

o Determining company financial planning and controlling budget management functions o Creating and implementing benchmarks for measuring the financial and operating performance of divisions and departments

o Handling the preparation of financial outlooks and financial forecasts o Analyzing and maintaining monthly operating results against budget and variance analysis o Administering financial management of foreign operations to include developing financial and budget policies and procedures

o Managing budgeted cost vs. actual cost and variance analysis report o Handling the preparation of the official annual report of actual revenues, and expenses o Planning and preparing financial analysis for contract negotiations and investment decisions o Setting up short- and long-range goals, objectives, policies, and operating procedures o Developing and incorporating an organizational structure and staffing to effectively accomplish the department's goals and objectives

o Responsible for planning and policy-making committees for resource mobilization o Acting as primary legislative liaison relative to company financial issues o Conducting direct financial audits with recommendations for procedural improvements, for corporate growth.

PREVIOUS EXPERIENCE

ARPC-TAMEER as Finance Controller Feb2006-Dec2009

ANC as Finance Manager Sep2000-Feb2006

AFI as Finance Manager Oct1996-July2000

Delloite &Touch-Saba as Senior Auditor Oct1995-Oct1996 Noble Brother Impex Ltd. as Finance Manager May1991-Sep1995 Farouqi & Co as Auditor Jul1986-May1991

IT SKILLS

• Well-versed with:

o MS Office

o ERP system i.e. SAP, SERA, SAGE & Tally

EDUCATION

CA from the Institute of Chartered Accountants of India 1991 B.Com (H) from Aligarh Muslim University 1986

ACADEMIC ACCOLADES

• Secured highest score in CA Final in Advance Cost Accounting 88% PERSONAL DETAILS

Date of Birth: 6

th

July, 1967

Address: P.O. Box 233841 Dubai UAE

Language known: Hindi, English & Arabic

Passport Details: V7959264 (Expiry-08/06/2032)

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