Rizwan Iqbal Hafeez

Rizwan Iqbal Hafeez Email and Phone Number

Transformative Finance Leader | Leading Corporate Finance Strategies, Team Transformation, and Operational Excellence @ GMG
dubai, dubai, united arab emirates
Rizwan Iqbal Hafeez's Location
Dubai, United Arab Emirates, United Arab Emirates
Rizwan Iqbal Hafeez's Contact Details

Rizwan Iqbal Hafeez work email

Rizwan Iqbal Hafeez personal email

About Rizwan Iqbal Hafeez

From a young age, I have been captivated by logic and coding in the world of technology. Over the years, I honed my numerical skills and developed the ability to integrate logic with data, enabling me to tackle and articulate complex problems with confidence. This passion has shaped my career in finance, beginning at a prominent audit firm and culminating in my current role as Vice President of Finance at a leading family-owned conglomerate in the Middle East. With over 18 years of diverse experience, I specialize in leading large teams and driving finance transformation initiatives. I am a strong advocate for financial technology and have successfully implemented Robotic Process Automation (RPA) to enhance efficiency and competitiveness in finance operations.As a leader, I believe in empowering my team and fostering a culture of trust and care. I am committed to their professional development and well-being.Feel free to connect with me here on LinkedIn or reach out directly at rihafeez990@gmail.com.

Rizwan Iqbal Hafeez's Current Company Details
GMG

Gmg

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Transformative Finance Leader | Leading Corporate Finance Strategies, Team Transformation, and Operational Excellence
dubai, dubai, united arab emirates
Website:
gmg.com
Employees:
1935
Rizwan Iqbal Hafeez Work Experience Details
  • Gmg
    Vice President Finance
    Gmg Jul 2023 - Present
    United Arab Emirates
    GMG is the Middle East’s leading family-owned business affiliated with some of the world’s most successful and respected brands, including Nike, Columbia, Timberland, Vans, Mama Sita’s, and McCain. The group operates across the GCC and South-East Asia (SEA) regions, spanning Sport, Everyday Goods, Health & Beauty, Properties, and Logistics sectors. GMG covers 12 countries, 58 cities, 650+ stores, 120+ brands, 6 factories, 12 community malls, and employs over 14,000 staff.As the Vice President of Finance at GMG, I oversee all financial activities for the groupKey Highlights:Strategic Financing: Successfully negotiated significant facilities with local banks to enhance working capital and support the Group’s growth initiatives.Process Automation: Led the automation and digitization of key processes, including stock insurance control, daily sales reconciliation, and the management of electricity bills for over 500 stores.Team Revamp: Conducted a comprehensive reassessment and revamp of the corporate finance team, managing a group of over 90 professionals to drive efficiency and performance.Centralization Efforts: Centralized group treasury, procure-to-pay (P2P), record-to-report (R2R), and order-to-cash (O2C) processes to streamline operations.Tax Strategy Contribution: Played a key role in implementing the Group’s corporate tax strategy, including the assessment of Pillar 2 initiatives.Family Office Development: Spearheaded the establishment of a family office to enhance financial management and investment strategies for the Group.
  • Gmg
    Finance Director
    Gmg Oct 2021 - Jun 2023
    Dubai, United Arab Emirates
  • Ams
    Director Of Finance
    Ams Aug 2020 - Oct 2021
    Dubai, United Arab Emirates
    Responsible for Group’s statutory and management reporting including annual budgets, 5-year plan, treasury management, weekly cashflow consolidation and management, final reviews of bid/proposal submissions for new contracts, VAT reporting and bank relationship management. Responsible to keep group finance manual and policies updated while managing and streamlining the Delegation of Authority Policy for the group. Responsible for integration of Inhouse software and several Financial software used across different divisions of the Group. Implementation and monitoring of user access rights based on segregation of duties principle. Furthermore, managed Business Compliance and Internal Audit departments of the Group as addedresponsibility. Highlights: 1. Concluding VAT Refund claim audit by FTA 2. USD 2m facility negotiated International bank 3. Consolidated and Standalone Financials sign off by auditor EY within the record time for AMS.4. Group Compliance of ESR, UBO and VAT Filings 5. Billing and recovery of USD 100m in record time.
  • Ams
    Director Of Finance, Afghanistan
    Ams Oct 2019 - Aug 2020
    Dubai, United Arab Emirates
    Promoted as Regional Director Finance for the most challenging and significant business division(Afghanistan) of the Group. Lead a team of 15 members in Dubai covering the area of Reporting, Contract Finance, Billing, US Govt. Compliance and Audits and Treasury functions. Played an instrumental role in aligning Operations, Contract’s admin, Supply chain and Finance departments on strategic direction of executive management. Successfully executed dynamic, real time and dashboard reporting to Executive management of all areas of Afghanistan Business division. Highlights: 1. Realtime tracking of $200m spare parts spend plan and declining balance 2. Improved cross functional/departmental communication 3. Completed DCAA Audits (US Govt.) with no significant weaknesses or financial inconsistency reported 4. Liaison with US based Prime Contractor for all contract related queries.
  • Automotive Management Services (Ams)
    Senior Finance Manager
    Automotive Management Services (Ams) May 2019 - Sep 2019
    Dubai, United Arab Emirates
    Joined AMS as Senior Manager Finance in Corporate Finance Department. while reporting to Director of Finance, Corporate. Mainly responsible for Group Accounting, Reporting, Forecasting, Budgeting, VAT Compliance, Treasury and Payroll Management. Highlights: 1. Introduced control check excel model for the Group Reporting Pack brining 100% accuracy to manual consolidation and reporting pack. 2. Implemented Reporting Tool for Consolidation at Project and Entity Level 3. Introduced strong controls on manual payroll system of 4000 Employees across the group
  • Iss Global Forwarding
    Finance Manager Holding
    Iss Global Forwarding Jan 2019 - May 2019
    Dubai
    Responsible for Group’s regional and entity specific statutory and management reporting includingannual budgets, 5-year plan, accounting for acquisitions, purchase price allocations and JVs. Highlights: - Getting 1st year of Group’s Financial statements sign off by auditors (PWC) - Timely and accurate reporting of ICD Group reporting in COGNOS - Implemented the structure for Group Reporting in Tagetik
  • Talem Group
    Senior Financial Controller
    Talem Group Jan 2017 - Dec 2018
    Dubai
    Promoted as Senior Financial Controller and moved to Commercial Wing of Group. Mainly responsible for Group’s regional and entity specific controlling and reporting including Highlights: - Standardization, Automation and Consolidation of Monthly Management Reporting. - Developing Budget Models and Tools for forecasting & budgeting. - Defining and implementing Global KPI structure and Reporting mechanism. - Preparation of Annual Budget & 5-Year plan and Rolling Monthly Forecasts process.- Successfully automated management reports by integrating ERP with Excel for regions including Tunisia, Morocco, and UAE
  • Supreme Group
    Financial Controller
    Supreme Group Nov 2015 - Dec 2016
    Dubai
    Promoted to Financial Controller reporting directly to Group CFO. Mainly responsible for: - Developing annual budgets and quarterly forecasts for all the business units of the Company - Monthly management reporting (consolidated) of all business units of the group to the board - Designing and maintaining reports in reporting tool (Tagetik) - Managing Group Authority matrixHighlights: - Group reporting, budgeting, and forecasting via implementation of reporting tool Tagetik - Implemented dashboard reporting for construction projects of Fuels operations.
  • Supreme Group
    Senior Internal Auditor
    Supreme Group Dec 2012 - Nov 2015
    United Arab Emirates
    I have been involved in several financial audits for the Group entities with its existence in different countries across the globe. Group is diversified into Ship Supply, Retail, Foodservice, Fuels, Aviation, Transport, Logistics, Security, Site Service, Shipping Support, Bakery and Construction businesses. Major responsibilities includes:• Developing risk based internal audit plan for business divisions• Performing risk assessment of key business units • Understanding control environment, developing process flows and performing risk-controls mapping• Identifying design weaknesses in Internal Controls and reporting to Management and Head of Audit• Preparing audit program and executing test of controls • Communicating audit observations with process owners, documenting responses and Issuing final report to Management and Head of Audit• Maintenance of Approval Matrix (Delegation of Authority)Achievements:- Developed an Excel Based Tool for identifying approvers as per Delegation of Authority for the required Activity and Threshold of transaction.-Development of Standard operating procedures for revenue, inventory and payables cycle. -Mapping of in-house inventory software access to the user group maintains the segregation of duties and access conflict checks for more than 2000 employees.
  • Kpmg
    Senior Associate
    Kpmg Dec 2010 - Dec 2012
    Dubai, Uae
    Senior Associate Audit
  • Kpmg
    Audit Supervisor
    Kpmg Sep 2006 - Jul 2011
    I was responsible for managing audit teams for carrying out statutory audit and reporting to manager and Partner.

Rizwan Iqbal Hafeez Skills

External Audit Ifrs Big 4 Assurance Internal Controls Financial Reporting Internal Audit Financial Accounting Auditing Sarbanes Oxley Act Corporate Governance Consolidation Financial Audits Financial Statements Financial Analysis Tax Accounting It Audit Finance Enterprise Risk Management Risk Assessment Analysis Gaap Us Gaap Management Cash Flow Cost Accounting Fixed Assets Managerial Finance Variance Analysis Coso General Ledger Sarbanes Oxley Management Accounting Account Reconciliation Income Tax Corporate Finance Due Diligence Financial Modeling Revenue Recognition Financial Risk Cash Management International Financial Reporting Standards Analytical Skills

Rizwan Iqbal Hafeez Education Details

Frequently Asked Questions about Rizwan Iqbal Hafeez

What company does Rizwan Iqbal Hafeez work for?

Rizwan Iqbal Hafeez works for Gmg

What is Rizwan Iqbal Hafeez's role at the current company?

Rizwan Iqbal Hafeez's current role is Transformative Finance Leader | Leading Corporate Finance Strategies, Team Transformation, and Operational Excellence.

What is Rizwan Iqbal Hafeez's email address?

Rizwan Iqbal Hafeez's email address is ri****@****ail.com

What schools did Rizwan Iqbal Hafeez attend?

Rizwan Iqbal Hafeez attended The Institute Of Chartered Accountants Of Pakistan, Asia E University, Punjab College Of Information Technology, Multan, Zenabia Foundation School, Pioneer Finance College.

What skills is Rizwan Iqbal Hafeez known for?

Rizwan Iqbal Hafeez has skills like External Audit, Ifrs, Big 4, Assurance, Internal Controls, Financial Reporting, Internal Audit, Financial Accounting, Auditing, Sarbanes Oxley Act, Corporate Governance, Consolidation.

Who are Rizwan Iqbal Hafeez's colleagues?

Rizwan Iqbal Hafeez's colleagues are Inamullah Shaikh, Lelin Rai, Rahim Awan, Mahmoud Zaki, Baba Musah, Chloe Chung, Udara Pallage.

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