Kumeil Munir Email & Phone Number

Dubai, Ae

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

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

Pakistan

Manage team and clientsRepresent clients at appellate forumsAdvise clientsComplying with regulatory requirements

Pakistan

Karachi

Chartered Accountantancy, Accounting, Audit, Tax

Activities and Societies: Attended the 100 hours Presentation Skills Training Course (PSTC) recommended by ICAP Proficient in all.

Ba (Hons) Business Management, Business Management

Chartered Management Accountancy, Cost And Management Accounting

Ca, Chartered Accountancy

Hsc, Commerce

Ssc, Computer Science