Kumeil Munir

Kumeil Munir Email and Phone Number

Head of Finance @ Red Planet
Dubai, AE
Kumeil Munir's Location
Dubai, United Arab Emirates, United Arab Emirates
Kumeil Munir's Contact Details

Kumeil Munir personal email

About Kumeil Munir

I am a Fellow Chartered Accountant (FCA) and a Chartered Management Accountant (ACMA) with over 15 years of experience in the manufacturing, retail and technology sectors. As a finance leader who drives data and cloud solutions for YVOLV, a joint venture of Dubai Holding and Alibaba Cloud, I execute the financial and business strategy of the company, ensuring its growth and profitability.I have a proven track record of delivering cost reduction and revenue improvement measures of up to AED 4 million, while streamlining and improving processes and reporting methods. I also manage VAT compliance, budgeting & forecasting and working capital management. with skills in data analysis, ERP systems such as SAP/MS Dynamics/Sage and MS Office. I am passionate about innovation, automation, and digital transformation in the finance domain.

Kumeil Munir's Current Company Details
Red Planet

Red Planet

View
Head of Finance
Dubai, AE
Website:
yvolv.ae
Employees:
7
Kumeil Munir Work Experience Details
  • Red Planet
    Head Of Finance
    Red Planet
    Dubai, Ae
  • Yvolv
    Finance Manager (Jv Of Dubai Holding And Alibaba Cloud)
    Yvolv May 2018 - Present
    Dubai, United Arab Emirates
    Role and Responsibilities• Executing the financial and business strategy of the Company as the Head of Finance.• Preparation and interpretation of management/corporate accounts, reports, budgets, projections & commentaries.• Conducting reviews and evaluations for cost-reduction opportunities and ensuring their implementation.• Preparation of feasibility studies and investment appraisals for cost saving initiatives and expansion plans.• Monitor and support VAT related… Show more Role and Responsibilities• Executing the financial and business strategy of the Company as the Head of Finance.• Preparation and interpretation of management/corporate accounts, reports, budgets, projections & commentaries.• Conducting reviews and evaluations for cost-reduction opportunities and ensuring their implementation.• Preparation of feasibility studies and investment appraisals for cost saving initiatives and expansion plans.• Monitor and support VAT related tasks to ensure compliance with laws.• Analyzing financial & non-financial data and making recommendations to the Board of Directors for effective decisions.• Responsible for driving efficiencies in the overall operating working capital of the business.Major Achievements• Executing the financial and business strategy of the Company as the Head of Finance.• Preparation and interpretation of management/corporate accounts, reports, budgets, projections & commentaries.• Conducting reviews and evaluations for cost-reduction opportunities and ensuring their implementation.• Preparation of feasibility studies and investment appraisals for cost saving initiatives and expansion plans.• Monitor and support VAT related tasks to ensure compliance with laws.• Analyzing financial & non-financial data and making recommendations to the Board of Directors for effective decisions.• Responsible for driving efficiencies in the overall operating working capital of the business. Show less
  • Hydroturf International
    Accounting Manager
    Hydroturf International May 2013 - May 2018
    United Arab Emirates
    Responsibilities:Preparation and interpretation of standalone and consolidated management accounts as per IFRS.• Evaluating the financial impact of business decisions and forecasting what-if to determine profit and loss impact.• Involved in the management and preparation of the annual budget and cashflow forecasting.• Custodian of the Fixed Assets Register (FAR) and maintenance of general ledgers of the Company.• Maintaining and improving the control environment being… Show more Responsibilities:Preparation and interpretation of standalone and consolidated management accounts as per IFRS.• Evaluating the financial impact of business decisions and forecasting what-if to determine profit and loss impact.• Involved in the management and preparation of the annual budget and cashflow forecasting.• Custodian of the Fixed Assets Register (FAR) and maintenance of general ledgers of the Company.• Maintaining and improving the control environment being the focal internal controls partner.• Liaising with the external and internal auditors.Key Achievements:• Introduced the concept of dynamic dashboard reporting enabling an increase of 2% in the GP margin by identification of key performance indicators for all product.• Initiated the process of customer credit worthiness assessment and developed a system of credit extension, which resulted in reduction of loss by default by 20% amounting to annual savings of AED 2Mn.• Directed and managed the verification of the entire rental fleet of AED 11Mn, improving accuracy of reported numbers.• Identified and disposed-off idle vehicles at customer sites generating AED 600,000.• Reduced inventory levels by 20% and consequently obsolescence cost by 10%, by simplifying the reporting methodology.• Created the reporting mechanism of customer receivables, helping identify overdues resulting in reducing debtorcollection days by 25% within a short span of 1 year.• Oversaw the implementation of a common reporting system for the entire group reducing result reporting time by 35%• Implemented an in-house VAT system, resulting in annual savings of AED 10,000 via reduced consultancy fee.• Led the implementation of SOP’s and manuals thereby strengthening the internal controls.• Implemented the Service Module of ERP Microsoft Dynamics Great Plains and was entrusted to lead as the super user. Show less
  • A.F. Ferguson & Co (Pwc Pakistan)
    Assistant Manager
    A.F. Ferguson & Co (Pwc Pakistan) Feb 2012 - May 2013
    Pakistan
    Manage team and clientsRepresent clients at appellate forumsAdvise clientsComplying with regulatory requirements
  • A.F. Ferguson & Co (Pwc Pakistan)
    Supervising Senior
    A.F. Ferguson & Co (Pwc Pakistan) May 2011 - Jan 2012
  • A.F. Ferguson & Co (Pwc Pakistan)
    Audit Senior
    A.F. Ferguson & Co (Pwc Pakistan) Jan 2009 - May 2011
    Pakistan
  • A.F. Ferguson & Co (Pwc Pakistan)
    Audit Semi Senior
    A.F. Ferguson & Co (Pwc Pakistan) Nov 2007 - Jan 2009
    Karachi

Kumeil Munir Skills

External Audit Auditing Account Reconciliation Accounting Financial Accounting Financial Audits Management Accounting Management General Ledger Financial Reporting Internal Audit Managerial Finance Negotiation Assurance Ifrs Tax Internal Controls Finance Target Costing Consolidation Software Documentation Variance Analysis Cash Flow Documentation Audit Cost Accounting Microsoft Dynamics Gp Sap Cash Flow Forecasting Budgeting Compliance Fixed Asset Management Business Analysis Financial Analysis Microsoft Office Microsoft Excel Accounts Payable Accounts Receivable

Kumeil Munir Education Details

Frequently Asked Questions about Kumeil Munir

What company does Kumeil Munir work for?

Kumeil Munir works for Red Planet

What is Kumeil Munir's role at the current company?

Kumeil Munir's current role is Head of Finance.

What is Kumeil Munir's email address?

Kumeil Munir's email address is ku****@****ail.com

What schools did Kumeil Munir attend?

Kumeil Munir attended The Institute Of Chartered Accountants Of Pakistan, Buckinghamshire New University, Cima, Tabani's School Of Accountancy, Commecs, Foundation Public School.

What are some of Kumeil Munir's interests?

Kumeil Munir has interest in Children, Education.

What skills is Kumeil Munir known for?

Kumeil Munir has skills like External Audit, Auditing, Account Reconciliation, Accounting, Financial Accounting, Financial Audits, Management Accounting, Management, General Ledger, Financial Reporting, Internal Audit, Managerial Finance.

Who are Kumeil Munir's colleagues?

Kumeil Munir's colleagues are Rekha Soni, Armand Joy Malapira, 尚会杰, Mercedez Amg.

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