MUHAMMAD ADIL AZAM CMA, AFA, MIPA, FMVA, SOCPA

Company Overview: (Retail & Manufacturing)

• Presentation of Financial Statements to the Board of Directors and Executive Committee
• Developed strategic financial plans to drive company growth.
• Presentation of yearly budget to the Board of Directors
• Monthly business performance report presentation to CEO and COO
• Arranging Funds from SIDF and ANB for working capital
• Managing company’s cashflow
• Scrutinised cash flow to determine company's financial weaknesses and propose corrective action to [Type] team, leading to [Result].
• Over viewing and implementing the standard operating policies and procedures across the company
• Managing and controlling the Finance Department
• Training the employees in leadership, quality and time management
• Ensuring compliance with VAT, WHT and ZAKAT
• Facilitated compliance with regulatory requirements, avoiding penalties and fines.
• Working extensively with COO to reduce OPEX and maximise profitability
• GAP analysis of current processes for ERP Implementation
• Coordinated internal audits for improved overall finance function health.
• Oversaw treasury functions to maintain optimal liquidity levels.
• Ensured complete adherence to financial controls and regulations, preparing financial statements and reporting results to multiple external stakeholders.
• ERP implementation
• (Retail & Manufacturing)
• Successfully implemented policies and procedures across the company
• Restructuring the organisational structure
• 5 years business plan
• Cost reduction by 10% on OPEX

Company Overview: (Manufacturing)

• Financial Statements preparation
• Preparation of yearly budget
• Analysed financial performance to implement key improvement strategies.
• Developed comprehensive financial reports for top management review.
• Detailed analysis of OPEX and CAPEX against the allocated budgets
• Financial Modelling
• Maintaining and negotiating Bank facilities
• Handling yearly Audit
• Developed thorough forecasting and cash-flow management processes to maximise progression and profitability.
• Trained staff on finance-related matters improving overall understanding and performance.
• Liaised between finance department and other departments fostering inter-departmental collaboration.
• Provided key input in strategic decision-making meetings, influencing company direction.
• Reduced operational costs by implementing cost-saving strategies.
• Ensured accurate tax filings, avoiding penalties and interest charges.
• Streamlined financial procedures to improve efficiency and accuracy.
• Contributed to hiring process by interviewing applicants and making recommendations for best-suited candidates.
• Oversaw audits to collate accurate data and recommend constructive improvements.
• Collaborated with business management to set and control annual budgets.

Company Overview: (Cosmetics, Body Care, Perfume, Bath and Home Products)

• Financial Statements Review and Analysis
• Preparation of yearly budgets
• Directed budgeting and forecasting activities to align financial goals with organisational objectives.
• Maintained KPI reporting tools for accurate, up-to-date financial data for decision-making.
• Served as finance business partner to drive strategic business decisions.
• Reduced annual business expenditure through careful expense monitoring.
• Analysed complex financial data, providing meaningful insights for company leadership.
• Reviewed and updated internal financial policies, ensuring compliance with regulations.
• Like for Like (LFL and Non LFL) analysis by store/ region and product categories
• Damages and Shrinkage Control
• Liaised between finance department and other departments fostering inter-departmental collaboration.
• Streamlined financial procedures to improve efficiency and accuracy.
• Trained staff on finance-related matters improving overall understanding and performance.
• Provided key input in strategic decision-making meetings, influencing company direction.
• Negotiated favourable terms with vendors, achieving cost savings.
• Reduced operational costs by implementing cost-saving strategies.
• Preparing feasibility report for a new store opening
• Vendor Relationship Management
• (Cosmetics, Body Care, Perfume, Bath and Home Products)

Company Overview: (Body care, Body perfumes, Oil Perfumes and accessories)

• Preparation of Financial Statements (Monthly/Quarterly and Annually)
• Financial Statements analysis
• Consolidating group Financial Statements
• Consolidation of yearly budgets
• Cash flow forecast
• Directed budgeting and forecasting activities to align financial goals with organisational objectives.
• Preparation of Statement of Income by store by area
• Liaising with Auditors and consultants
• Feasibility report for new stores opening.
• Implementation of MS Dynamics AX
• Business plan during and post COVID for cost savings
• Organisational restructuring
• Streamlined financial procedures to improve efficiency and accuracy.
• Collaborated closely with auditors to ensure smooth audit processes.
• Guided 2 merger and acquisition processes, ensuring seamless transitions.
• Prepared regular cash flow reports assisting in better fund allocation.
• Provided key input in strategic decision-making meetings, influencing
• company direction.
• Managed daily finance services for smooth business operations.
• Analysed financial performance to implement key improvement strategies.
• Developed comprehensive financial reports for top management review.
• Managed a team of junior finance professionals, promoting professional development.
• Negotiated favourable terms with vendors, achieving cost savings.
• Liaised between finance department and other departments fostering inter-departmental collaboration.
• Oversaw financial reporting processes, maintaining accuracy and compliance with regulatory standards.
• Oversaw audits to collate accurate data and recommend constructive improvements.
• Reduced annual business expenditure through careful expense monitoring.

Company Overview: (Trading)

• Overseeing and setting up the Finance department from scratch
• Financial reporting and presentation to the CEO
• Leading Budgeting & Forecasting on a monthly, quarterly and annual basis
• Making decisions based on the Financial Analysis and sending recommendations to concerned partners
• Preparing and implementing the finance department’s policies and procedures
• Preparing feasibility reports for new opportunities
• Instituted robust fiscal strategies to enhance profitability.
• Managed financial operations, streamlining processes for improved efficiency.
• Facilitated negotiations with banks for favourable loan terms.
• Oversaw budgeting and forecasting activities to ensure business growth.
• Promoted transparency by producing clear and accurate financial reports.
• Ensured compliance with regulatory standards by implementing stringent control measures.
• Implemented cost-saving measures; significant reduction in unnecessary expenditure.
• Streamlined financial reporting procedures; timely availability of critical data.
• Liaised with external auditors for seamless audits.

Company Overview: (Body care, Body perfumes, Oil Perfumes and accessories)

• Preparing company for IPO (responsible for FDD, LDD and ZDD).
• Manage all operations related to Finance like Financial Accounting, Budgeting, Forecasting, Financial modelling, Cost Accounting, Internal Controls, etc.
• Involve in finalising accounts, statutory compliance, reviewing Customer Agreements and analysing Ledger Accounts, and accruals.
• Prepare financial statements and present the same in the management meeting.
• Document all accounting processes and procedures ensuring compliance with company guidelines; monitor and review all documents related to budgets, revenues, expenses, invoices, Accounting etc.
• Identify areas of budget concern and potential impact on project financial performance as well as monitor the Actual performance, profitability and variance analysis.
• Prepare & maintain statutory books of accounts and reconcile financial statements in compliance with norms.
• Collaborated closely with auditors to ensure smooth audit processes.
• Streamlined financial procedures to improve efficiency and accuracy.
• Implemented new financial systems enhancing data accessibility and reliability.
• Prepared regular cash flow reports assisting in better fund allocation.
• Delivered regular management reporting
• Implemented cost-control measures, optimising expenditure within budgetary constraints.
• Worked to scale and enhance finance function, implementing new processes and refining existing ones.
• Managed daily finance services for smooth business operations.
• Reviewed bookkeeping and management accounts to achieve clear and correct reports.
• Analysed financial performance to implement key improvement strategies.
• Oversaw audits to collate accurate data and recommend constructive improvements.

• Prepared SAMA prudential (Saudi Arabian Monetary Agency)
• Financial reports preparation monthly, quarterly and yearly
• Prepared and updated company’s announcements on Saudi Stock Exchange(Tadawul)
• Researching and presenting the Industry Financial performance analysis to CEO.
• Handled system implementation for in-house insurance software (AIMS)
• Streamlined budgeting exercises for efficient financial planning.
• Performed thorough expenditure tracking, preventing overspending.

• Analyzed overall portfolio monthly collections and compared securitized / non-securitized portfolio performance.
• Analyzed ageing & monthly receivables.
• Reviewed the securitization agreements, transaction diagram, cash flow process for Islamic securitization / SUKUK and the rating criteria for SUKUK issuance including due diligence for the company.
• Prepared budgets, vintage analysis of portfolio, ageing report for variables and several collection analysis reports for overdue customers based on different scenarios.
• Dealt with banks to negotiate rates for securitizing receivables and reporting purposes related to the same.
• Identified key areas affecting rating criteria of the company and reported the same to the Management for proper decision making.