Khaja Nizamuddin. R

(Mobile # 966-*********, email id : adhauz@r.postjobfree.com, Riyadh, Saudi Arabia)

OBJECTIVE:

As an accomplished Strategic Leader with a solid background in Financial Modeling & Valuation Analyst, Financial & Managerial Accounting, Cost Management. I am confident that my skills and experience would make great contribution to your esteem organization. I had work experience in across the industries such as an /a, Event Management, Facilities Management, Construction, Retail (Hyper Market), Agriculture and Steel Fabrication unit. I consider myself a team player willing and able to tackle any challenges in the financial and Senior Management arena

PROFESSIONAL QUALIFICATION:

Certified Management Accountant _ CMA

Certified Financial Modeling & Valuation Analyst _FMVA

Pursuing CFA _ L1

Certified Lean Six Sigma Black Belt

Trained Project Management Professional

CORE SKILLS:

Expertise knowledge in Strategic Planning

Expertise in Business Analysis & Valuation Models

Expertise Knowledge in Financial Modeling

Expertise Knowledge in Business Process Improvements

Contributing to achieve long-Term Objectives, through Capital Budgeting Process

Coordinating with the Core management team, in decision making process and analysis

Coordinating to assess the Risk, and providing guidelines to prevent and control

Expertise in Cash Flow Management

Good analytical and problem-solving ability

Strong analytical and quantitative skills with experience and expertise in Six Sigma quality concepts and tools

Expertise Earned Value analysis, Risk analysis, & Cost Management

Proactive & Ability to lead team of professionals

SOFTWARE SKILLS:

ERP - Oracle Financials 11i, Focus, Tally

MS Office & Financial Modeling

Brief Employment Details

Period

Designation

Organization Name

Dec-14 to till date

Finance Director

MCI Group – Leading Global Event Management Company

Jul-13 to Nov-14

Head of Finance Department

Madar Maintenance Co.

Nov-2009 to Jun-13

Financial Controller

Ethar Group, Riyadh, Kingdom of Saudi Arabia.

Jan 2008 to Nov-2009

Financial Controller

Geant Saudi Ltd., Riyadh, Kingdom of Saudi Arabia.

Mar 2002 to Dec 2007

Finance Manager

Al-Moghtarra Agricultural Co, Riyadh, Saudi Arabia.

May 1999 to Feb 2002

Chief Accountant

Ousus Steel Factory Division, Riyadh, Saudi Arabia.

Dec-1996 to Apr- 1999

Accounts Officer

GPR Group of Companies

Feb-1992 to Dec1996

Audit Assistant

Brhamayya & Co. Chartered Accountant

Experience Details:

1) From Dec - 2014 on Wards

Working as a Finance Director – MCI Group

As a Finance Director Successfully establish a new joint venture with Local Partner. Established Finance department and recruited Marketing & Operations team

Implemented Long-Term Strategies in coordination with Management Board and define clear KPI’s for each job functions. Develop MIS (Management Information System) for Joint Venture, coordinating and conducting regular meetings with partners and other stake holders

Establish Internal controls, based on company size and activities, and develop Standard operating procedures (SOP’s) of various departments, such as Procurement, Tendering, Finance and Operations

Preparing Annual Budgets, Capex and Cash Flow requirements for future periods. Forecast monthly & quarterly Reports.

And conduct cross department discussion, about variances for Budget Vs Actual performance, and suggest necessary steps to be taken to improve the performance

Take active part in selection and negations of preferred vendors. Finalizing Tenders / Quotations to in coordination with Marketing & Operations team.

Following strict monthly closing for internal reporting and finalizing VAT (Value Added Taxes) and Withholding Tax reports. Finalizing books for External Audits

Closely monitoring ongoing projects and sharing analytical reports, suggest corrective steps to be taken, with the concern department to achieve targeted results. And maintaining project wise cash flow and regular follow up for aged receivables

Managing cash flow & funding requirements for ongoing projects

Taking active part with HR & Legal team to comply with local Government rules & regulations

Achievements:

Implemented Global Polices & Procedures

Develop MIS reports for JV

Cash Flow Management

Successfully meet the budget targets for last 5 years

Won appreciation and Exceptional performance award for 2018 & 19

2) From Jul - 2013 to Nov - 2014

Worked as Head of Finance Department - Madar Maintenance Co

It’s a Startup Company, successfully establish finance department and develop long term budget and redefine Business Model. Take active part in finalizing the contract with both Clients and Vendors

Developed MIS reports and implement ERP system

3) From Nov 2009 to Jun 2013 s

Working as a Financial Controller – Ethar Group.

Ethar Group consists of 4 divisions

- Construction,

- Broadcasting Material Supply,

-Travel & Tourism,

-and Real Estate

Overall responsibility of Finance Department and reporting to CEO

-Financial Activities

Preparing Business Model based on long-term strategies in line with the company’s Vision, Mission and business objectives

Responsible for compliance of all statutory, regulatory and constitutional requirements, in conjunction with legal counsel & Administrative department

Establishing and enforcing policies and procedures to ensure reliable, accurate and timely financial reporting to facilitate decision making

Feasibility Study for new projects

Finalizing Annual Budgets and Working Capital Management through short term borrowings

Establishing proper cash flow management to reduce the gap and ensure and manage the Company’s Short term and long term financial needs

Recommending corrective steps to improve financial status by analyzing results, monitoring variances, identifying trends

Establishing Standard Costs methods to determine cost of operations

Guides the cost analysis process

-Project Management Activities

Actively Participating Bidding Process

Establishing PMI-Methodology to improve the effective and efficient Project Management through various process groups

oInitiating

Participating in developing project charter and stake holder identifications

oPlanning

Integrating WBS to Accounting Software

Estimation of Cost and Determining the Budgets for each activity

Coordinating the procurement based on the resources schedules

oExecution

Coordinating the procurement based on the resources schedules

oMonitoring & Controlling

Controlling the Cost and reporting any variances to the stakeholders

Performing the Earned Value analysis

oClosing

Closing the procurement, demobilization and releasing the Bank Guarantees

-Lean Six Sigma Activities

Under taking the various projects to improve the efficiency of the operations process

4) From Jan 2008 to Nov 2009

Worked as Senior Financial Controller - GSL (Geant Saudi Ltd.). GSL is a leading Hypermarket in KSA with Annual Turnover of SR 1.2 Billion with 11 Hypermarkets + 2 Supermarkets .It’s part of Al Hokair Group (Leading Fashion Retail group having a market share of more than 45 %) in KSA,

Over all responsibility of Finance Department and reporting to CFO

Part of Executive Management team and involved in all Decision-Making process and Key Business strategies

Advising on the financial implications and consequences of business decisions

Developed the Business Plan and Contributing to medium and long-term business planning

Prepared the Financial Models and Budget to support the business case and Offering professional judgment on financial matters and advising on ways of improving business performance

Implemented Policies and Procedures in keeping with Corporate Governance frame work

Working Capital Management through short term funding

Major Role – in Finance, Accounting, Budgets and Management Reports:

The major role involves strategic planning for 5 - 10 year growth plans for the new malls, which includes ensuring timely preparation & presentation of business plans, monitoring the project implementation, ensuring adequate infrastructure in terms of IT, manpower etc are in place and the systems and process are adhered.

The management roles involves review of operational results of the current business of 11 Hypermarkets & 2 Supermarkets and analyze the reasons for variance, suggest improvement plans to achieve the targeted results. This includes action on Margin Improvement, Controlling Operating Cost and Reviewing of stocks in-terms of no of days and slow moving stocks.

Monitoring the Fixed Assets Movement and updating the FAR to have proper control on Company’s Assets.

In Accounting, the main area of work involves setting up of the accounting department with proper and adequate man -power and ensuring smooth function of Finance department and generating timely the Management reports etc.

Liaison with External & Internal Auditors in preparation of Financial Statements and implementing recommendations to improve the internal controls

Liaison with the Banks for fund requirement & LC’s

Liaison with Insurance companies for policy renewals & Claims

Liaison with Financial Consultant’s for Due Diligence Process

Achievements:

a)Successfully implemented MIS Pack ( Monthly reporting tool for Hypermarket) & Variance Analysis

b)Monitoring KPI and coordinating with commercial dept head’s to improve the bottom line

c)Re-launching Budget & Forecast Pack to have accurate projections

d)Restructured the Finance Department & reduction of staff Head count of Finance Department by 25 %

e)Significantly reduction in Opex by introducing budgetary controls

f)Management of Cash flow funding gap through bank facilities for ongoing projects

g)Introduce Centralize Payment process by creating 2 Regions (Riyadh & Jeddah ) for Supplier Payments

5) Mar 2002 – Dec 2007

Worked as Finance Manager (reporting to GM), in Al-Moghtarra Agricultural Co ( Producers of Fresh Flowers like Roses, Lilium, Carnation Etc.,) - responsible for Budget, Management Reports, Treasury Function and Financial Accounts.

Role in Treasury:

Working Capital Management

Allocation of Funds for ongoing projects

Operation of LCs

Trade Receivables and Payables & stock Management

Role in Management Reports and Budget:

Ensuring timely submission of Management reports (Daily, Weekly and Monthly) and finalization of Annual Budget.

Achievements:

Management Reports and Budget Controls:

Moved from normal reporting of profits of various operating divisions to transfer pricing module, for proper evaluation of the business units and their channel partners like Retail etc.

Moved to Activity Based Costing system from traditional budgeting – especially in Support function Overhead cost and Distribution cost.

Transparency of information to operating divisions/managers like Variance analysis, Productivity Analysis, Return on Capital Employed, Cash flow statement apart from regular information like Financial summary etc., helped in controlling /monitoring and reduction of overheads.

Banking:

Maintained excellent relations with all operating banks.

Credit Related (Trade Receivable) – Collection, Control and Monitoring:

With ERP system in place (FOCUS RT), introduced improved information (process of Due Diligence on all major customers), while assigning/reviewing the limits of various customers and introduced enhanced Credit Monitoring and Market Information system, which resulted in considerable reduction in loss of bad debts

Implemented proper Due– Diligence policy in the FOCUS system, which substantially improved the efficiency and service time to customers.

Stocks and Accounts Payable:

Set Inventory norms for each category in consultation with the operating divisions and monitored inventory and purchases on weekly basis which resulted in proper action of liquidating aged stocks.

Introduced post auditing of commitments Vs. Achievements in respect of projected GM and the liquidation of aged stocks as well as the inventory days.

Ensured Monthly Reconciliation of all major suppliers.

Financial Accounts:

Responsible for Financial Accounts, liaison with external Auditors and completion of Annual Audit etc...

Special Assignment:

Actively involved in ERP implementation (FOCUS)

6) May 1999 – Feb 2002

Worked as Chief Accountant (reporting to Partners), in Ousus Steel Factory Division ( Fabricators of Construction related materials) - responsible for Budget, Management Reports and Financial Accounts

Job Profile:

Preparation of monthly accounts, year-end accounts

Implementing ISO 9000 Standards

Monitoring and management of project implementation and Cost control and budgets.

Responsible for Company Law related matters and Liaison with Government Departments & Organizations for various clearances & approvals.

Achievements:

Successfully completed various projects such as, MINA phase 3, ABF palace

7) Dec-1996 to Apr- 1999

Worked as Accounts Officer, in GPR Group of Companies,(Real Estate & Chit fund).

Job Profile:

Preparation of monthly accounts, year-end accounts

Reconciling the customer accounts

Monitoring collections

Responsible for Company Law related matters and Liaison with Government Departments & Organizations for various clearances & approvals.

Achievements:

Implemented successfully computerized accounting system.

Considerable Reduction in Bad Debts by improving collection procedure.

5) Feb-1992 to Dec1996

Worked as Audit Assistant, at Brahamayya & Co

Job Profile:

Actively participating in various Statutory Audit of Various companies .

Computer Background:

Fully conversant with Windows MS Office, Focus RT, Oracle Financials 11i

Personal Data:

Call Name : Nizamuddin

Age : 49 years

Civil Status : Married

Iqama : Transferable

Tel : 00 – 966 - 50 –2326040 (Mobile)

E Mail : adhauz@r.postjobfree.com

Therefore, I would appreciate the opportunity to discuss my core skills and professional experience for this position in greater detail with you in person, at your earliest convenience

Thank you for your consideration and, I look forward to hearing from you, for further discussion

Khaja Nizamuddin

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