Huneid Saleh Babat Email & Phone Number

Dubai, United Arab Emirates

The name “WayPar” is derived from the Indian word “Wyapar” which means “Business”. Through our business partnership, we strive for “Infinite Excellence” and assure our clients Way Par quality excellence always which leads us to achieve mutual business goals.WayPar Trading based in Dubai deals with local and international businesses and has deep alliances.

Dubai, United Arab Emirates

Managing Team, 3000+ retail, warehouse and head office team members, As General Manager overseeing all areas of company core responsibilities of Finance & Accounts, Retail Operations, Pharmacy, Clinic with functional responsibilities covering Human Resource, Leasing, IT, Admin/Projects, Loss Prevention, Legal, Good Retail Practice, Responsible for company.

Dubai, United Arab Emirates

Switch over from Alpha to Gaia, Managing & running Retail Pharmacies + FMCG Trading Business with established team of 100+ members. Set up Gaia Healthcare in 2016 & Robustrade in 2017 in DMCC Free Zone (JLT). Take over 6 retail pharmacies from Alpha Int’l Group & added new 6 existing running retail pharmacies in Gaia portfolio, parallel started.

Dubai, UAE

• Executive Management, leading a newly established team of 50+ members
• Set up Retail Pharmacy & Distribution Company in Free Zone (DSO),
• Primarily responsible for Alpha International & affiliated Retail Pharmacy Business.
• To identify retail location & open phase wise 20 Retail Pharmacy Stores, Distribution network & to evaluate all options, identify min 10 agency & private label products and expand wings in UAE, GCC, ME, Asia, Africa.
• Currently 6 Pharmacy in Dubai & 6 OEM private label products includes Vitamins, Supplements, and Hair care & Personal Hygiene for Distribution in Retail & Wholesale.
• Primarily responsible to run, operate, manage & control entire business.

Dubai

• Strategic Executive Management Committee Team Leader, leading a team of 350+ members
• Increased revenue growth by more than 25% & gross profit by 5% since 2008 by setting up & implementing company policy& procedures, POS, ERP that lead to great internal control & saving lead to effective reporting, cash.
• Interact & Meet with Ministry of Health, Dubai Health Authority, Municipality, Economic Dept, Sponsors, Landlord in order to maintain business relationship and further to abreast with UAE market, laws and regulation.
• Actively involved in feasibility study, negotiation till take over of new potential retail stores across UAE.
• Instrumental in opening 30 new retail stores in strategic potential location, Increased from 40 to 70 stores, actively involved in location search till pre & post operational opening of retail outlets
• Acknowledged & Accredited with the 4 prestigious Awards in last three years, Best Customer Service Award, Most Admired Retailer of the Year & Superbrands Award 2012 & 2013.

Abu Dhabi

• Served as Management Team Member, established new Credit line and handled Project Finance & General Facilities Arrangement & approved through HSBC, NBAD & UNB Dh. 45 mn, 28 mn & 36 mn respectivelyInvolved in:
• Implementing ERP-MS Great Plains & Online HSBC Net Banking System to all Group Companies
• Managed development of new business for JV’s-Emdad Steel-William Hare-UK, TecWel-Norway, Emjel-Sanjel-Canada, Tespec-Intergulf & Transfield Svcs Australia
• Carried out major cost optimization exercise, which resulted in reduction of 25% of the total cost including borrowing cost, IT, manpower, etc.
• Evaluated and altered finance systems & processes, which resulted in significant improvement in financial controls as well as financial reporting
• Augmented cash flow by Dh. 10 mn by modifying internal processes, extended suppliers credit terms to 30 days & reduced o/s receivables from 125 to 85 days

United Arab Emirates

• Role:
• Instrumental in implementation of CARAT Consolidation System Package, Interface with JD Edwards, Profi through Integrated AS 400 System Network..
• Selected among rest of Team to set up Finance Department in Newly Opened Carrefour in Marina Mall, Abu Dhabi, Qatar and Oman.
• Involve in Budgets, Forecast, Capex, Suppliers, Pre & Post Formation Expenses, IT, Recruitment, Payroll. And Bench Marking & Variance Analysis.
• Review, Amend and Implement Finance, Purchase and Receiving Procedure under consultation with QA Manager ensuring Company Policies and Procedure. Achieved YTD Sales & Net Profit in line with Budget.
• Monitor and Control FF, FMG, LHH, TXT, HHH Dept. Inventory in all Carrefour units of UAE, Oman & Qatar.

United Arab Emirates

• Role:
• Instrumental in setting up Finance Department in newly formed office in Jebel Ali with all Free zone Formalities includes Bank Dealing, L/C Negotiation, Labour Guarantees, and Regional Hyperion Reporting.
• Working with AS400 System–Fully Integrated Business Planning and Control System, (BPCS).
• Implement & follow Regional Marketing Plan against Budgets.
• Aged Debt Analysis, Review and follow up, Forecast Funds, Foreign Currency Booking –Forward cover on collection.
• Netting – Inter Group Payment through Group Netting, Fixed Assets Register, Balance Sheet Notes, Prepayments & Accruals.

United Arab Emirates

• Role:
• Airport & Cargo Accounts-Cashiering, Airport Handling & DN/EK Engineering.
• Cargo Accounts (Export & Imports) & Excess Baggage Ticket.To raise and check Handling, Engineering & Cargo Invoices, Credit & Debit Notes.
• Data Entry and checking of Import & Export Cargo Handling & EBT documentation of various Airlines and Agents, Reconciliation and daily Airlines Reports.
• Primarily responsible for reconciling and monitoring Debtors and Creditors statement from local and foreign parties and ensuring that disputed accounts are resolved promptly, Carry out Variance Analysis of Actual Vs.
• Preparation of Monthly Expenses Analysis, Monthly Reports to be presented before Management and Auditors

Dubai, United Arab Emirates

Mar.’89-Feb.’91 with PHARMATRADE (Pharmaceutical Distribution Company), Dubai as Accountant. Role: Primarily responsible for company book-keeping and accounts, invoicing, debtors, creditors, expenses, reconciliation, statement from local and foreign, overseeing all aspects of admin and finance, MIS reports to management reporting to Group Finance Manager.

Cs-(I), Company Secretary - Ahmedabad

Cima(1) The Chartered Institute Of Management Accountants, Management Accounts

Bachelor Of Laws - Llb, Legislative Law

Bachelor Of Commerce - Bcom - Bhikhabhai Jivabhai Vanijya Mahavidyalaya-Spu Vvnagar, Commerce & Advance Accounts & Auditing

Xii - Charutar Vidyamandal Higher Secondary Education Complex-Common Stream-Vallabh Vidyanagar, Commerce

X - Rotary English Medium School-Godhra, Secondary School