Sameeruddin Ahmed Email & Phone Number

My current responsibilities include:• Monthly finance reviews - P&L, BS, CF, inventory, receivables, funding, variance analysis of business performance, preparing monthly presentations for senior management review• Business plans for entities- supporting businesses in preparing their long-term business plans and strategies, based on known and researched data of the respective business and market• Business valuations - support the management in conducting business valuations of its entities or any potential buy/ sell deals. Perform valuations based on income and market approach• Business due diligence - supporting management to perform detailed financial, legal and operational due diligence, along with the subject matter experts, of new business ventures/ deals.• Bank relationships (long term funding) assisting in new deals planning & execution, maintenance related to existing deals, periodic review of bank covenants• Business case reviews related to new projects/initiatives (setting up internal benchmarks w.r.t, ROI, Payback, IRR etc.)• Special assignments - assisting the group finance in specific assignments provided by management, which may include investigations, comparative analysis and market intelligence reviews.

Abu Dhabi Emirate, United Arab Emirates

My job responsibilities included:• Reviewing annual budgets and coordinating with all entities to ensure that it is in line with business plan;• Preparation and presentation of monthly reporting pack for board with explanation of key variances against the budget;• Entrusted with reviewing forecast and 5-year business plan for all company assets;• Develop and/ or maintain dynamic financial models with sensitivity and scenario analysis projecting 5-year financial statement;• All other ad-hoc reports as required by the management.

My responsibilities included:• Preparing annual budgets for all schools and coordinating with all departments to ensure that it is in line with business plan;• Preparation and presentation of monthly reporting pack for board with explanation of key variances against the budget;• Assist in financial due diligence and performing valuation analysis for M&A opportunities;• Entrusted with preparing forecast and 5-year business plan for all company assets;• Develop and/ or maintain dynamic financial models with sensitivity and scenario analysis projecting 5 to 10 – year financial statement;• All other ad-hoc reports as required by the management.

United Arab Emirates

My current responsibilities include:• Preparing annual budget of the company and its wholly-owned subsidiaries and joint ventures • Preparing forecast, and variance analysis against actual performance and previous period's results• Financial modelling / projection of income statement and cash flow• Profitability analysis and identification of segments for closure/continuation/replacement • Portfolio review of loss-making segments, brands, and stores and recommendation of future actions • Investment analysis and evaluation of new brand proposals based on key parameters of IRR, Average Payback Period and terms of negotiation.• Preparation and presentation to the senior management of Weekly Trading Pack with Key Performance Indicators (KPIs) of Sales, Margin, Inventory, Logistics, and Marketing Data • Inventory analysis of aged stocks and slow-moving provisions • Preparing monthly MIS pack of group Financial Statements with variance analysis of actual results against business plan• Preparing detailed store-level Profit and Loss (P&L) statement (Revenue and Expenses) and full performance analysis • Preparing board pack and ad-hoc management reports for timely decision making of the business• Implementation of IBM Cognos planning, reporting and business intelligence tool and automation of key management reports

Abu Dhabi, United Arab Emirates

• Preparation of monthly flash & management reports;• Consolidation of monthly flash & management reports received from GCC countries;• Identifying and investigating reasons for variation of actual figures with budget;• Commanding reported numbers in monthly reports and ensuring accuracy;• Ensuring timely closure of books by maintaining a checklist for all month end activities;• Monitoring liquidity of the Company and raising alerts in case of any problems;• Reviewing bank reconciliation statements on a monthly basis and resolving long outstanding items;• Reviewing LPOs before approval and ensuring compliance with company policy for raising LPO. Reviewing monthly payroll for UAE, KSA and Oman;• Ensuring accuracy and completeness of payroll components including bonus and overtime;• Coordinating with Chief Accountants in JV companies ensuring intercompany balances are reconciled at all times and any differences arising are resolved in a timely manner;• Reviewing posted expense entries;• Reviewing bank payments prepared;• Reviewing PDCs prepared before submission for approval and signatures;• Ensuring PDCs are prepared in accordance with lease terms• Ensuring vendor reconciliations are up to date and any outstanding issued discussed and resolved and highlighted to related brand managers;• Preparing capex approval requests;• Ensuring capex raised is within budget or if capex is not in budget, obtaining proper justifications for the capex before raising and highlighting it• Capitalization of assets in accordance with IAS on a timely manner;• Preparation of write off requests for assets and balances;• Writing off assets in accordance with write off approval form;• Ensuring preparation of schedules after month end closure;• Coordinating with auditors for timely completion of external audit;• Ensuring preparation of audit schedules accurately and on a timely manner;• Preparation of ad-hoc reports as and when required by management.

United Arab Emirates

Managing operations of two wholly owned subsidiaries of Liwa, I am responsible for:• Preparation of monthly management reports for submission to Head of Finance;• Preparation of vendor and customer reconciliations;• Preparation of bank reconciliations;• Ensuring accurate booking of expenses in cost centers and performing all month end activities;• Preparation of monthly payroll and final settlements;• Managing petty cash expenses claims and reimbursement of expenses;• Handling rental payments for stores;• Preparation of cash flow forecasts, managing repayment of loans and ensuring all debt covenants are met;• Preparation of year end schedule for the purpose of annual audit related to prepaid expenses, fixed asset depreciation schedule, employee end of service benefits etc.; and• Preparation of ad-hoc reports as and when required by the management in the manner so required;

Pakistan

Worked as external audit associate, my job responsibilities included:• Obtained an understanding of the entities, the industry and the environment they operate in and the associated risks and relevant controls;• Planned and performed audit procedures;• Identified and investigated audit differences and evaluated findings;• Performed analysis and reviewed audit working papers and financial statements for the purpose of forming an audit opinion as per statutory and professional requirements;• Ensured timely execution of audit tasks with appropriate follow-through.

Pakistan

• Reviewing monthly reports prepared by the billing department for identification of under / over-billing to customers by comparing it with the standard rate and usage;• Paying surprise visits to regional offices to check the compliance with the billing procedures; and• Preparation of audit work papers for submission to internal audit manager.

Msc, Professional Accountancy

Bsc (Hons), Applied Accounting