Ishtiaq Rana Company specializes in providing comprehensive financial solutions to and advisory services to clients across various sectors. Since my joining from December 2018 , I have held dual roles, contributing significantly to our clients success. ➧ Conducting internal audits for various clients across different sectors, including but not limited to education, F&B, trading, retail, and oil & gas.➧ Providing strategic guidance to senior management and key stakeholders based on audit findings and recommendations.➧ Collaborating with cross-functional teams to support strategic endeavors and enhance operational efficiency across diverse sectors.➧ Drafted and implemented operational, HR, and financial policies for new clients, ensuring alignment with organizational objectives.➧ Achieved significant cost reductions and operational efficiencies through effective controls, negotiations, and the implementation of ERP solutions.

➧ Oversaw financial management operations for two schools, including budgeting, cash flow management, and financial reporting.➧ Conducted internal audits to evaluate internal controls, financial results, and business processes.➧ Drafting and implementing policies and procedures to enhance operational efficiency and ensure compliance with regulatory standards.➧ Achieved a close to 10% reduction in overall operational costs through effective controls and negotiations.➧ Implemented ERP solutions to improve financial reporting systems and operational efficiency.➧ Communicated audit findings and recommendations to senior management for improvement.

➧ Strategic Financial Leadership: Spearheaded financial reporting and bookkeeping for diverse clients, including law firms and healthcare management, ensuring precise and timely financial statements that enhance decision-making.➧ Fractional CFO Expertise: Provided strategic financial guidance as a Fractional CFO, overseeing budget management, cash flow optimization, and profitability analysis to drive substantial improvements in financial performance.➧Team Management: Led a remote team of finance professionals across multiple locations, fostering collaboration and maintaining high standards of workflow efficiency while meeting critical deadlines.➧ Tax Compliance Specialist: Managed HST filings with the Canadian Revenue Agency (CRA), ensuring compliance with tax regulations and effectively reducing clients' tax liabilities.➧Technology Implementation: Championed the integration of cloud-based accounting software (e.g., QBO, Xero, Dext, Soluno Legal), tailored to client needs, significantly enhancing financial data accuracy and operational efficiency.

Galadari Edam International Foods (Emirates Meat) is one of the pioneers in food processing business in the UAE with its well-known brand name EDAM Foods. Ziad Galadari Group is the most diversified & respected business groups.➧ Primarily in charge of the overall accounting functions of the company - MIS reporting to the Senior Management➧ Devised & implemented the new cost control measures both for direct & indirect costing► I joined during a major restructuring being the only solution after a significant loss of business revenue from export sales caused by the disengagement with Qatar. Involved developing new strategies & making difficult decisions for immediate impact to recoup the loss in revenue while minimizing further shortfalls. Notable Achievements;➥ Reviewed & implemented the revised product costing - improved the company's profitability➥ Initiated new accounts receivable & payable reporting system for a better visibility & controls mechanism

Finance Manager at Yas Links Golf Club, a world-class golf destination under Aldar Hotels and Hospitality, a subsidiary of Aldar Properties PJSC. Responsible for financial management and strategic planning for this premier venue, contributing to its status as one of the top golf experiences globally. Leveraged Aldar's robust hospitality portfolio to implement best practices in financial operations and internal controls➧ Accountable for the entire functions of the finance department from managing the day-to-day operations while being an active contributor or initiator for the following but not limited to;Notable Achievements;➥ Revised all operational policies of the company for more efficient functional controls➥ Devised new purchasing systems - enabling cost-effective supplies➥ Spearheaded the integration of two ERP systems in operation➥ Implemented Oracle R12 from 11i➥ Designed & implemented new financial reporting systems

A joint venture between Aldar Properties, PJSC & Al Fahim Holdings (Paris Gallery Group). The company has retailing & distribution rights for Ferrari branded products & accessories in GCC. Fadar operates five retail stores under the Ferrari Stores banner across the GCC.➧ Managed & handled complete companywide accounting functions reporting directly at the group level to General & Finance Managers► This position was initially unoccupied for more than six months due to the departure of the previous Chief Accountant, the challenge was clearing the backlog of different accounting transactions ► Fadar Retail also happens to be a joint venture of two separate business entities, therefore, the nature of the business was different as well as the reporting requirements. This issue was addressed by completing an in-depth due diligence to revise the reporting patron & aligned to satisfy all requirements Notable Achievements;➥ Designed & implemented daily sales & cash reporting system➥ Introduced new periodic inventory audit procedure➥ Spearheaded the Integration of two ERP systems in operation➥ Designed & implemented the outlet’s new financial reporting system

Yusuf Ahmed Alghanim & Sons are one of largest General Motors dealership globally - engaging in the sale & servicing of their world renounced vehicle brands Chevrolet, Cadillac, Hummer & Saab. A part of Alghanim Industries which is one of the largest privately held companies in the Gulf region operating in 40 countries with a multi-billion-dollar conglomerate of more than 30 businesses lines in various sectors.➧ Led a team of 7 personnel with direct reports to Group Controller with the automotive division consisting of 6 separate business lines including new & used car sales – short to long-term rentals – care accessories – lubricant supplies (BP) – chain of car service centres – retails sales with revenue in the region of USD 600 million ➧ Assigned to revise all critical control procedures; Automotive policy manuals along - conducting both, regular & special inventory – cash audits submitted to Group Internal Audit department – fixed assets/scrap parts physical verification also formed a part of it ➧ As the 2nd hand man to Group Controller; accountable for validation of stock purchases together with petty cash vouchers► Onboard as an Accounting Supervisor (AP) for the group’s freshly introduced Shared Services Centre (SSC) however, upon completion of setup with a well laid out plan & new teams selected for SSC – assigned new role as Audit & Control leading the team of Auditors – Cash – Inventory Control staff within the Automotive business Notable Achievements;➥ Cost savings in the region of USD 1 million through common/integrated consumable purchasing systems➥ Setup the auditing & internal control department in the automotive business operations ➥ Revised the Showrooms Operating Procedure - considered most pivotal in Automotive Operational Manual➥ Designed & implemented new procedures including Daily Cash Control, Fixed Asset/Scrap Disposal

Service Sales Corporation is one of the largest retailers and distributor of footwear and allied products within Pakistan with more than 500 retail outlets, agencies and depots and is the marketing arm of the Servis Group. The company has three divisions Retail, Wholesale & Corporate Sales. As Assistant Manager Shop Accounts is responsible for entire accounting operations for retail , whole sales business till 2006 , then has been moved to the new newly established Budgeting department Notable Achievement•Designed and implemented an accounting and information system where the company’s wholesale receivables could be seen with great visibility. •Developed a comprehensive verification manual which included instructions on performing major tasks and laid down written clear reporting and job descriptions for the staff members doing the shop accounting. •Active contribution in introducing the cash management scheme which reduced the cash float by two days and outsourcing the internal audit department. •Awarded with the value addition award by the management of the company against contribution towards controlling different costs