A qualified chartered Accountant and MBA (Finance), with over 15 years of cross cultural post qualification experience in entire range of finance and accounting functions, including but not limited to Commercial / Business Analysis, Financial Accounting, Management accounting and reporting , forecasting, corporate strategy & budgeting and people management across varied industry verticals.Having worked at various levels, I have gained extensive experience at operational level and group level in conceptualizing and implementing financial policies and procedures, profit monitoring, implementation of ERP systems and improving operations. well versed and seasoned in rapid assessment of opportunities and mapping out the strategies, product and service pricing, feasibility analysis and project costing and financial modeling. Detailed work experience and achievements can be viewed in the attached CV.
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Manager FinanceEtisalat Sep 2007 - PresentDubaiHighlights:- Implemented financial dashboards to streamline management reporting activities of the company.- Successfully implemented Turnaround initiatives for a subsidiary - Part of 3 member committee. - Successfully executed financial feasibility analysis for 4 major proposals and designed efficient, flexible financial models to increase company’s profitability ratio.- Efficiently managed and directed overall financial management activities of 6 subsidiaries. Analyzed current/future needs and developed 5-year strategic business plans of the group and subsidiaries.- Played an instrumental role in implementing ERP/Oracle modules to integrate overall financial functions of the business within a single framework.- Successfully implemented budgeting process for the group as well as developed 6 budget cyclesKey Responsibilities:- Managing all financial disciplines of the group and its subsidiaries, including financial budgeting/forecasting and management reporting in alignment with company’s policies and procedures.- Analyzing KPIs, cost/income dynamics and business drivers encompassing establishment of financial benchmarks of acceptable performance and comparison of actual results to budget to initiate corrective actions.- Assessing and reporting on company performance to weigh up different business opportunities and risks that tangibly affect business performance and are important considerations in business planning and decision making.- Scrutinizing past records to forecast future financial position and suggesting target achievement and operational improvements to the management periodically as per company reporting rules and international accounting standards.- Interacting with external auditors, ascertaining effective implementation of internal/external audit recommendations and improving efficiency of finance operations of the department. -
Head - Finance & AccountsMbm Dallah / Eta Ascon Apr 2006 - Sep 2007UaeHighlights:- Implemented ERP modules and costing mechanism to streamline financial reporting activities as well as ensure accurate pricing for company’s services.- Successfully performed project financial feasibility analysis for more than 10 projects with 2 projects worth over billion Dirhams.- Formulated and implemented annual budget for 2006 and ascertained timely execution of budget compilation process for 2007.Key Responsibilities- Spearheaded the development and implementation of financial policies, systems, procedures and guidelines for the company to ensure smooth cash flow, streamline budgets, as well as implement stringent procurement and expense guidelines.- Conducted feasibility studies for different business/financial models, and accordingly developed strategic business plans to expand business reach and achieve organizational goals/objectives. - Established and enhanced strong systems and processes in line with business needs. Facilitated financial analysis and ascertained timely/accurate reporting to the General Manager and Director of UAE Office.- Devised and reviewed monthly financial/income statements, balance sheets, internal audit reports, cash flow projections and principal profit/loss to reduce cost and ensure budget compliance.- Formulated annual budgets, performed variance analysis and compared actual results with defined budgets while adhering to business strategies.- Liaised with regulators, financial/banking institutions and joint venture partners on related activities and supported the upper management on contractual negotiations that affect company’s financial/non-financial obligations.- Supervised a team of highly qualified finance professionals in planning, organizing, directing, controlling and evaluating finance department operations.
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Head - Finance & AccountsAjmal Perfumes - Kuwait Sep 2003 - Mar 2006KuwaitKey Responsibilities:- Developed and implemented financial policies and procedures with a primary focus on establishing internal controls and ensuring optimal utilization of company resources.- Monitored cash flow to ascertain adequate liquidity and provided regular updates to the upper management pertaining to net inflow/outflow of cash.- Oversaw the preparation of annual budgets; ensured timeliness, accuracy, and consistency; analyzed variance and suggested corrective actions.- Devised and implemented policies, procedures and programs dealing with debt collections to minimize company’s risk / exposure and reduce potential loss to the organization.- Ascertained smooth execution of accounting activities of Company, shops and warehouses. Analyzed general ledger accounts to determine their accuracy and ensure all funds are managed appropriately.- Streamlined the preparation of financial reports that summarize and forecast organization's financial position such as income statements, balance sheets and analysis of future earnings/expenses.- Provided regular reports and analysis of company’s financial condition and performance to the General Manager including cash flow, financial benchmarks/ratios and long-term financial forecasts.
Abid Husain Skills
Abid Husain Education Details
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Accounting And Finance -
Lnm College Of Business ManagementFirst Class -
Ces College Of Arts & Commerce ( Cosmopolitan College), MumbaiFirst Class -
Scdb High School, MumbaiHigh School
Frequently Asked Questions about Abid Husain
What company does Abid Husain work for?
Abid Husain works for Etisalat
What is Abid Husain's role at the current company?
Abid Husain's current role is Manager Finance at Etisalat.
What schools did Abid Husain attend?
Abid Husain attended The Institute Of Chartered Accountants Of India, Lnm College Of Business Management, Ces College Of Arts & Commerce ( Cosmopolitan College), Mumbai, Scdb High School, Mumbai.
What skills is Abid Husain known for?
Abid Husain has skills like Financial Accounting, Managerial Finance, Strategic Planning, Business Strategy, Ifrs, Budgeting And Forecasting, Feasibilities, Kpi Implementation, Profitability And Cost Analysis, Growth And Expansion Strategies, Internal Control And Systems, Team Building And Relationship.
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Syed Abid Husain
Senior Accountant | 5 Years Experience | Cpa Finalist | Ms Management |Dubai, United Arab Emirates -
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