Financial Planning Risk Management

RAYEESUDDINC.C

Qatar +974-********

******@*****.***

A dynamic Finance and Accounting professional with over 20 years of experience, I specialize in driving financial performance and operational excellence through innovative strategies and a deep understanding of global financial landscapes. My expertise spans financial planning, analysis, risk management, and compliance, turning complex data into actionable insights that fuel business growth. As a leader, I excel in building high-performing teams, optimizing internal controls, and integrating advanced ERP systems like Microsoft Great Plains, Oracle, and Zoho to streamline processes and enhance efficiency. Committed to delivering transformative results and ensuring financial sustainability, I drive resilience and success at every level. EXPERIENCE

Finance Manager Jan 2024 – Present

Urbanac Trading and Contracting Co., Doha, Qatar

Summary:

As Finance Manager, I am responsible for the strategic oversight and management of all financial operations at Urbanac Trading and Contracting. I lead the design and execution of financial strategies to support business growth, profitability, and long-term sustainability. My role involves overseeing financial planning, risk management, and ensuring effective internal controls across a diverse portfolio of projects and services. Key Achievements:

Directed the creation and implementation of long-term financial roadmaps, aligning financial strategies with company objectives, resulting in a 15% increase in profitability. Played a key role in the adoption of advanced financial technologies, significantly improving the accuracy of financial reports and reducing manual reconciliation time by 30%. Responsibilities:

Financial Strategy Development & Execution

Led the design and execution of comprehensive financial strategies that align with both short-term and long-term corporate objectives, focusing on growth and sustainability.

Oversaw capital budgeting, forecasting, and scenario analysis, ensuring robust financial planning that supports business expansion and cost-effective decision- making.

Integrated ERP system Zoho is used to enhance financial data accuracy and streamline strategic financial planning processes. Risk Management & Internal Controls

Established and monitored enterprise-wide risk management frameworks, ensuring proactive identification and mitigation of financial and operational risks.

Strengthened internal control systems, resulting in a 12% reduction in financial discrepancies and improved compliance with international financial regulations. Financial Reporting & Compliance

Directed the preparation of timely, accurate financial statements in accordance with IFRS and other relevant reporting standards.

Ensured compliance with regulatory standards and auditing requirements, achieving full compliance during audits and assessments by external regulators. Team Leadership & Development

Led and mentored a high-performing finance team, driving professional development through targeted training programs and cross-functional collaboration.

Fostered a culture of accountability and excellence, encouraging team members to align with corporate objectives while enhancing operational efficiency. Finance Manager June 2015 – Nov 2023

Al Suwaidi International Trading Co., Doha, Qatar

Summary:

In my role as Finance Manager at Al Suwaidi International Trading, I was entrusted with overseeing the company’s entire financial framework. My responsibilities encompassed financial operations, strategic cost management, audit oversight, and the development of financial processes to align with business goals.

Key Achievements:

Spearheaded a comprehensive cost optimization initiative that resulted in a 20% reduction in operational expenses, improving overall financial performance. Led the integration of ERP systems, enhancing the accuracy and efficiency of financial reporting, with a 35% improvement in month-end closing processes. Responsibilities:

Financial Management & Operational Oversight

Managed cash flow forecasting, ensuring sufficient liquidity to support day-to-day operations and major projects while maintaining optimal working capital.

Directed the preparation and review of periodic financial statements, ensuring compliance with IFRS, local tax regulations, and audit requirements. Strategic Cost Management & Financial Planning

Developed and implemented cost reduction strategies and efficiency programs, aligning financial operations with industry best practices.

Oversaw budgeting, forecasting, and variance analysis, driving more informed decision-making and ensuring financial sustainability. Audit & Compliance Leadership

Coordinated with external auditors to ensure audit readiness and timely submission of all financial reports.

Maintained an effective compliance framework, ensuring adherence to both local and international financial regulations and tax laws.

Stakeholder Relations & Vendor Management

Fostered strong relationships with vendors, clients, and financial partners, negotiating favorable terms and ensuring compliance with contractual obligations.

Managed accounts receivable and accounts payable, optimizing cash flow and reducing overdue collections by 15%.

Senior Accountant Oct 2009 – Nov 2014

First Leasing Company (A subsidiary of BARWA BANK), Doha, Qatar Summary:

As Senior Accountant, I was responsible for leading financial operations and maintaining accounting integrity for First Leasing Company. I focused on regulatory compliance, financial reporting, and implementing process improvements across the company’s financial activities. Key Achievements:

Led the successful implementation of a new ERP system, improving financial operations and reducing monthly closing time by 20%.

Played a key role in reducing the company’s financial risk by strengthening internal processes and ensuring full compliance with Basel III regulations. Responsibilities:

Regulatory Reporting & Financial Compliance

Ensured compliance with Qatar Central Bank regulations and other financial reporting requirements, preparing and submitting key reports on capital adequacy, asset quality, and liquidity ratios.

Spearheaded Basel III compliance initiatives, ensuring that financial risk metrics were consistently within prescribed limits.

Process Optimization & System Integration

Led the implementation and optimization of a new ERP system, enhancing financial reporting accuracy and improving operational efficiency.

Automated key accounting processes, reducing manual interventions and improving the speed and accuracy of financial data reconciliation. Receivables & Payables Management

Managed accounts receivable and accounts payable processes, optimizing cash flow and reducing outstanding debt by 18%.

Worked closely with the collections team to develop targeted strategies for improving customer payment timelines and credit risk management. Accountant Jan 2006 – Oct 2009

Ali Bin Ali Establishment (Div – ABATS), Doha, Qatar Summary:

As an Accountant at Ali Bin Ali Establishment, I was responsible for managing a wide range of accounting functions across various departments, ensuring financial data integrity, and adhering to internal and external compliance standards. My roles involved managing accounts payable, accounts receivable, payroll, fixed asset accounting, and financial reporting. Through process improvements, I achieved notable reductions in processing times and discrepancies, while also enhancing overall data accuracy and financial documentation management. Key Achievements:

Automated accounts payable processes across multiple divisions, leading to a 25% reduction in invoice processing time and a significant improvement in accuracy. Improved financial reconciliation practices, reducing discrepancies in monthly financial reports by 15% and increasing the reliability of financial data. Responsibilities:

Accounts Payable & Receivable Management

Supervised and ensured the timely processing of accounts payable and receivable functions across divisions.

Ensured vendor invoices were processed with proper approvals and aligned with contractual terms.

Monitored and maintained effective cash flow, overseeing collections and disbursements.

Payroll & Fixed Asset Management

Administered employee payroll, ensuring accuracy and compliance with local regulations.

Managed and reported on fixed asset records, ensuring accurate tracking and documentation for capital expenditures.

Financial Systems & Reporting

Utilized EMIS (Oracle) to manage inventory and purchase orders, ensuring seamless integration with the financial systems for better reporting.

Assisted in the preparation of monthly financial statements, ensuring compliance with internal reporting standards.

Data Accuracy & Financial Documentation

Reconciled bank accounts and other financial records, ensuring accurate and timely reporting.

Accountant April 2003 – Sep 2004

Kabros Home Appliances Stores & Lube Shops, India

Summary:

As an Accountant at Kabros Home Appliances, I played a key role in managing the financial operations for multiple retail and service divisions. My responsibilities included overseeing accounts reconciliation, inventory management, accounts payable and receivable, and financial reporting. I implemented effective accounting procedures, improving financial accuracy and efficiency across the company's operations. EDUCATION

Master of Business Administration (MBA) in International Business

Annamalai University, Chennai, India

Bachelor of Commerce (B.Com)

Ansar College, Calicut University, Kerala, India Diploma in Computerized Financial Accounting

CERTIFICATIONS & TRAININGS

Anti-Money Laundering (AML) Certification, Global Islamic Banking and Finance (HRD University), Award in First Line Management (ILM) (Leadership and Management - UK), Islamic Finance and Investment, AR & AP Management, Cash Policy Management, Purchasing & Procurement Management, Time Management & Efficiency Training, Store Keeping Management, Microsoft Dynamics GP (10.0) Certification, Microsoft Excel & Word

(Advanced - Levels 2 & 3), Tally, Peachtree, Daceasy & EX Software Proficiency, Computer Applications ('O' Level Certification), Multimedia Courses (Photoshop, 3D Max, PageMaker), Practical Hardware & IT Support Training.

ACCOMBLISHMENTS & PROJECTS

ERP System Implementation: Successfully led the implementation of an ERP system at First Leasing Company, streamlining accounting operations, improving data accuracy, and reducing the time for month-end closings by 20%.

Cost Optimization Initiative: Spearheaded a cost reduction program at Al Suwaidi International Trading Co., resulting in a 15% reduction in operating expenses over a two-year period.

Financial Risk Mitigation Strategy: Developed and implemented a comprehensive risk management framework at Urbanac Trading and Contracting, reducing financial exposure and ensuring compliance with local and international regulations. SOFTWARES KNOWN

Tally

Peachtree

Atacc

SKILLS

Financial Planning & Analysis, Strategic Financial Management, Risk Management & Mitigation, Budgeting & Forecasting, Cash Flow Management, Financial Reporting & Compliance, Internal Controls & Auditing, Cost Management & Reduction, Revenue Recognition, Accounts Payable & Receivable, Taxation & Regulatory Compliance, Financial Systems Implementation, ERP Systems & Process Automation, Stakeholder & Vendor Management, Team Leadership & Staff Development.

PERSONAL DETAILS

Date of Birth: 9th May 1980

Visa Status: Transferable Visa / No Objection

Driving License: Qatar Driving License

Languages: English, Hindi, Tamil, Malayalam

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