Husain Kabir Email & Phone Number

Kuwait

Assumed a pivotal role in driving the financial evolution of E-Portal Holding Co. and Solutions by STC following their 100% acquisition by Saudi Telecommunication Company, a prominent telecom leader in Kuwait. Primary responsibilities include financial planning & management reporting, performance management and operational efficiency improvements. Working closely with the CEO, CFO and the senior leadership team in order to develop and execute the company strategy effectively.Financial Planning:➜ Formulation of the annual budget and monthly forecasts using the top down and bottom-up approach through ongoing collaboration with various departments of the Company.➜ Submission of 3 years & 5 years business plan to STC Group.➜ Variance analysis of actual performance vs. monthly budget to identify the gaps & implement cost reduction measures.Financial Reporting:➜ Oversee the preparation of accurate and compliant monthly, quarterly & annual consolidated financial statements, ensuring adherence to IFRS and regulatory requirements.➜ Coordinate the preparation of detailed month-end financial reports & presentations for various stakeholders including executive leadership & board members to evaluate the financial performance.➜ Analyse financial data to identify trends, patterns, and report the key performance indicators.Audit & Compliance:➜ Collaborate with internal & external auditors to ensure accurate and timely completion of the audits.➜ Formulate action plan for timely resolution of any audit related findings & observations.➜ Identify financial risks and establish & maintain effective internal controls to safeguard integrity of financial data.

Kuwait

➜ Financial Planning: Strategic financial planning through collaborative budget formulation, forecasting and presentation of long-term business plans.➜ Financial Reporting: Prepare month-end financial and management reports for executive management and parent company - stc Kuwait.➜ Audit: Fully responsible for handling quarterly reviews and annual audits with the external auditor including preparation of monthly, quarterly and annual financial statements and addressing the audit findings.

Kuwait

Built and led a high-performing team by supervising 6 skilled professionals, including Assistant Managers and Associates, executing prominent statutory audits, characterized by utmost quality and integrity, for clients across a wide spectrum of industries, including Telecom, Oil & Gas, Retail, Media & Advertising, Insurance, Education, Healthcare, and Construction. Leveraging a risk-based methodology, key responsibilities encompassed assessing engagement risk, formulating comprehensive audit plans, and directing the evaluation of internal controls. Adeptly conducted substantive audit procedures, including tests of details and detailed analytical reviews. Responsible for accurate preparation of financial statements compliant with IFRS, Kuwait Company Law and CMA regulations and issuing management letter to the clients effectively communicating audit observations, findings, and recommendations.Led audit of key listed clients which included Zain Kuwait, American University and Al Rai Media Group. Other distinguished clients include General Electric, Prada, Ericsson, Saifee Hospital and Saudi Arabian Insurance Company.

Mumbai

➜ Planning the entire course of the audit, from the beginning till the finalisation and review of financial statements.➜ Delegating work effectively amongst associate team members and ensuring timely completion of the all areas within the reporting deadline.➜ Performing Identification of Risk Assessment Procedures, Testing of Controls including performing walkthroughs for assessing the design effectiveness of the business processes & also testing the Operating effectiveness of the same.➜ Preparing analytical review documents for identifying the reasons for variance in the Balance Sheet and Profit and Loss account items with respect to the last reported figures. Documenting the reasons and identifying the nature of variation including exceptional items.➜ Evaluating the internal control systems and reporting the identified deficiencies to the management. Also responsible for timely identification of issues and escalation of the same to the management.➜ Ensuring the compliance of the provisions of The Indian Companies Act,1956 and the Income Tax Act, 1961, wherever applicable.

Dar Es Salaam,Tanzania

Entrusted with the responsibility of optimising the accounts and finance department of the Business Group by refining the policies and procedures and enhancing the chart of accounts. Developed financial strategies and forecasts for top management’s decision making. Oversaw all the essential accounting functions including Treasury, Accounts Receivable, Accounts Payable, CAPEX planning, Inventory management, Payroll processing, Revenue optimization, Budgetary control, and GL management. Designed and implemented cost-effective internal control measures for enhanced efficiency and profitability. Coordinated with the statutory and tax auditors to ensure compliance. Generated MIS monthly reports including financial performance report, Sales report, inventory management report and cashflow projections

Mumbai

Responsible for formulating and executing tax planning strategies of various clients that align with the business's financial goals, thereby minimizing tax liabilities and enhancing overall profitability. Prepared and reviewed tax deductions, exemptions, and credits to optimize clients' tax liabilities while staying compliant, ensuring adherence to evolving tax codes and regulations. Coordinated with clients to gather necessary financial information, ensuring timely and precise tax filings. Ensured seamless communication with tax authorities, addressing inquiries and resolving discrepancies, fostering collaborative and productive relationships to minimise tax-related risks.

Mumbai

➜ Ledger scrutiny of account balances and verification of financial statements.➜ Drafting audit reports, including CARO reporting.➜ Checking of compliance of the financial statements with the auditing & accounting standards.➜ Assistance in opining on various issues relating to the provisions of company law.➜ Computing total income & tax thereof of Individuals, and P.F.A.S.Preparation and filling of returns under Income Tax Act and Wealth Tax Act.➜ Conducted Stock Audit of American Dry Fruits Pvt. Limited (Nasik and Nadiad Branch)

Bachelor'S Degree, Commerce, Distinction

Activities and Societies: Accountancy Association and Young Minds Club

Chartered Accountant