Ammad Azeem Email & Phone Number

Dubai, United Arab Emirates

End-to-end responsibility for consolidated reporting for Revenue & Receivables for various divisions including commercial/retail/residential Leasing and Land Sales.Ensure accurate revenue recognition, as per applicable IFRSs including IFRS15, IFRS16 including straight lining adjustments, related party transaction IAS24Maintain and analyze customer portfolio to identify risks to revenue stream and exposure to outstanding balances and aging, as per IFRS9 to adopt ECL (expected credit loss) model for trade and unbilled receivables.Ensure all underlying revenue and quality accounts receivable information is provided to FP&A team to complete DH2.0 reporting.MoM revenue variance analysis with justification and exception reports Management of PDCs inventory, top-x receivables, aging, collections, and provision matrix and legal cases.Actively involved with IT for data migrations from Oracle to various Yardi instances across the years for new business divisions and expansions, validation of balances, formalize the designs and implementation of certain reports for commercial, Leasing, Revenue, Receivables, E-invoicing, VAT output.Supervision of entire billing process for leasing and Land sales, including Tax Invoices, Credit/Debit memos, refunds, penalty claims and final settlements.Perform complex calculations for rent concessions, relief packages, payment plans aligning with management policy and ensured accurately reflected in the system.Prepare schedules for statutory purposes such as receivables, advances, deposits, prepayments, revenue and related party matrix.Provide VAT output reports to VAT teams for monthly Tax return to FTAFocal point for all Accounts Receivables and Revenue related queries from Internal & External auditors to ensure timely submission of required information.

Dubai

Independently handle Revenue Streams and Account Receivables domain for renowned Retail Assets:JBR- CITYWALKS - BUSINESS BAY AVENUE - OUTLET VILLAGE - BOX PARK - LAST EXITS - KHAWANEEJ MALL - RETAIL STORESEnsured accurate revenue recognition for each Retail Asset as per IFRS-16. Adopted real estate industry practices and internal business directives.For MIS reporting, timely submit monthly revenue analysis, consolidated cash flows, PDCs inventory reports, Top receivables aging analysis, provision for bad debts.Having powerful grip on YARDI (leasing specialized software), achieved the designs and implementation of certain customized reports for Lease Revenue, Receivables, PDC inventory management, E-invoicing, VAT output and on the click automated schedules, resulted in cost and time savings.CONTINUOUS SYSTEM ENHANCEMENTDirecting YARDI support team for continuous system enhancements, identifying loopholes, suggest system controls improvements, tenant’s database, customized Aging buckets and IFRS straight liningDue to COVID-19 pandemic, proactively determine Rent Concessions, relief packages and Rental Deferments amounts for leasing tenants across Retail Assets as per management policy, and ensure the same is accurately booked in the system Maintain and analyze tenant’s portfolio to identify risks to revenue stream and exposure to outstanding balances and aging, especially after introduction of IFRS-9 Impairment of Assets - Credit Loss Model.Contributed in implementation of 1st time adoption of IFRS-9 in 2018 for Asset impairment and effectively maintained continuous alignment with Expected Credit Loss Model (ECL) in consultation with Meraas Corporate Financial Reporting team and external Auditors.Management of PDC inventory in Yardi, Cheques recall, deferment of CDC/PDCs, preparation of Bank reconciliations. Coordination with TREASURY department for Bank related concerns and issues

Kabul, Afghanistan

• Solely oversight Group level Financial Reporting system for various business domains, including logistics, fuel supply, fuel transportation and lease rental fuel storages.• Directly coordinated with SUPREME (www.supreme-group.net), prime logistics and service provider to US Army & NATO in Afghanistan. Held monthly follow up meetings with Supremes’ finance and operations team in Afghanistan & Dubai offices for latest contract awards, invoices, collections, financials disputes, and contract biddings.Designing, Implementation & monitoring of SOP's for Accounts & Finance section.Arrangements for loan facilities with Banks in Afghanistan.Designed sub-contractor’s database, reducing company’s outsourcing cost for handling and managing contractor’s payment process and trip’s time logsControls on inventory losses and payment kickbacks through segregation of dutiesMonitoring of procurement process and supplier’s managementDelivered training sessions for Accounts department on routine daily mattersPeriodic and ad hoc MIS reporting to group CEO, Appointment of External Auditors for Financials Statements audit and submission of the same to key stake holders including banks, Government Tax departments as per applicable banking requirements and federal laws.

Pakistan

Performed project wise financial analysis on completion of various Government projects including; Motorways, Highways and Bridges across Pakistan falling under NHA’s domain.Coordinated with Financial Reporting team in furnishing management reports to top management, Pakistan chapter of World Bank, Asian Development Bank, Ministry of Communication of Pakistan.Ensured project wise costing as per relevant IFRS-11 for recognition of revenue and costs with reference to stage of completion and work done. Performed cost variance analysis, ratio analysis for ongoing and completed projects on periodic basis

Saudi Arabia

In 2010- based upon my past performance, I was selected for deputation to Saudi Arabia by Deloitte Saudi Arabia for Audit season 2010.

Pakistan

I was privileged and lucky enough to kick off my professional career as an Auditor with multinational Audit Firm Deloitte BIG 4Performed external audits for various sector’s clients including Oil & Gas, Construction, Banks, NGOs, Telecom and Government organizations.Performed Audit Planning, risk assessment, execution and finalization of audits as per ISAs, local statutory laws and IFRSsPerformed consultancy and due diligence assignmentsIn 2010- based upon my past performance, I was selected for deputation to Saudi Arabia by Deloitte Saudi Arabia for Audit season 2010.Reviewed business processes, evaluated internal controls and made recommendations thereonFollowed audit strategy, defined budgets and timelines, scheduling audits, and drafted Financial Statements.

Ca - Finalist, Financial & Cost Accounting,Auditing,Taxation,Business Law,Corporate Law,Business Management

Chartered Accountancy

Bachelor'S Degree, Economics