Fida Khan Email & Phone Number

India

Riyadh, Sa

Riyadh, Saudi Arabia

Leading the entire financial and business strategy of the Company as part of the Key Management Personnel, while managing a team of 6 professionals.Achievements• Formulated a new pricing strategy, utilizing fractional weights for all SKUs sold, thereby generating an additional 10% in annual revenue and improving profit margins by 5%.• Initiated, directed and managed the implementation of sales and purchases ERP modules in Odoo, in coordination with the IT department, leading to a 40% reduction in processing time coupled with 30% reduction in errors.• Identified and implemented cost reduction opportunities in the procurement cycle, leading to a 40% reduction in net losses annually, by revamping the inventory weighing mechanism.• Automated the maintenance of the fixed asset portfolio by integration into the fixed asset ERP module, leading to improved accuracy of financial records.• Played an instrumental role in digitizing manual processes, saving labor and operational costs.• Introduced the budget v/s actual analysis-driven cash management dashboard, helping to identify and reduce annual cash burn and operational expenses by 25% and 15% respectively.• Identified loopholes in the internal controls environment within finance, sales, supply chain etc. and devised policies and gave recommendations, which led to enhanced financial control and oversight.• Reconciled and resolved all long outstanding disputed receivable balances with B2B customers, thereby resulting in the 100% recovery of balances and achieving an improvement of 20% in collection, while enhancing financial transparency.• Reviewed, documented and implemented compliance procedures and SOP’s for finance, sales, procurement, warehousing and feasibilities for new investments and projects.

Jeddah, Saudi Arabia

• Evaluating the financial impact of business decisions and forecasting what-if to determine profit and loss impact.• Preparation and interpretation of statutory financials, management accounts, reporting packs, budgets & projections.• Striving for continuous improvement of systems and processes via implementation of automated solutions.• Responsible for driving efficiencies in the overall working capital of the business via commercial business partnering.• Maintaining and improving the control environment being the focal internal controls partner.Achievements• Developed a comprehensive five-year business financial model with design sensitivities and financial overviews, enabling the company to successfully raise Series A investments and saving consultant fees.• Introduced Power BI based automated dashboard reporting for the first time in the Company, enabling identification of key revenue KPI’s and providing financial visibility, resulting in a 54% increase in annual revenue.• Managed the team which successfully achieved the implementation of 4 modules in Odoo ERP, while acting as the functional expert and power user for all modules.• Implemented a system of cash flow management, thereby shortening the cash conversion cycle by 15 days and maintaining an average liquidity ratio of 1.5.• Independently led the in-house implementation of VAT, duly integrated with the ERP system in coordination with the IT department, thereby saving external consultant fees and reducing processing time by 25%.• Spearheaded the in-house IFRS project, successfully transitioning and implementing the IFRS standards for the first time in the Company, leading to 30% improvement in financial accuracy and saving consultant fees.• Developed and implemented the model for IFRS-16 (Lease) and IAS 19 (Employee benefits) on IFRS transition, thereby streamlining the recording and improving the financial presentation and compliance.

Jiddah, Makkah, Saudi Arabia

Karāchi, Sindh, Pakistan

Conducted, reviewed and finalized assurance engagements and special assignments in accordance with International Standards on Auditing, International Financial Reporting Standards (IFRS) and corporate, Zakat and tax laws of Saudi Arabia and Pakistan.Achievements• Entrusted to manage a portfolio of 14 clients in Saudi Arabia within the airlines, Construction, manufacturing and hospitality sector with teams of up to 5 audit personnel.• Performed the consolidation of various group level entities in Saudi Arabia and Pakistan.• Supervised the special assignment of Saudi Arabian Airlines financial statements for potential IPO/divestment activity.

Cpa (Final), Accounting And Finance, In Progress

The Institute of Certified Public Accountants of Pakistan (ICPAP) was established as an organization in August 1992 with the objective.

Cipfa - Uk, Accounting And Finance, Associate Member

The Chartered Institute of Public Finance and Accountancy (CIPFA) is a UK-based international accountancy membership and standard-setting.

Cpaa-Uk, Accounting And Finance, Associate Member

The official member association for accountants engaged in public practice in the UK and overseas. It exist to support today’s public.

Socpa, Accounting And Finance, Associate Member

The Saudi Organization for Chartered and Professional Accountants (SOCPA) is a professional body pioneering and overseeing the accounting.

Certified Public Finance Accountant - Cpfa, Auditing, Finance, Accounting

Institute is the Fellow member of International Federation of Accountants (IFAC), the world organization for the accounting profession.

Bachelor'S Degree_P, Economics And Statistics

Activities and Societies: Sports team The Karachi University today is the biggest university of in the country. It comprises eight.