A top-performing, analytical, and self-motivated manager, with achievements in Operations, financial management, audit, accounting, performance, portfolio, and asset management, business teaching, retail trading and business analysis. Highly skilled in collaborating with all members of the organization to achieve business and financial objectives. Utilizes outstanding team leadership skills and superior business management experience to align all financial activities with organizational goals, fostering business growth
Mhao (Mohamed Hareb Al Otaiba) Group (Avis & Buses)
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Financial AnalystMhao (Mohamed Hareb Al Otaiba) Group (Avis & Buses) May 2020 - PresentDubai, Dubai, United Arab Emirates•Prepared and submitted Financial Statement Reports (FSR) and Non-FSRs on a timely basis, successfully reducing reporting time by 5 days.•Developed and managed budgets for fiscal years 2020 through 2023, ensuring alignment with organizational financial goals.•Maintained a rolling cash forecast to accurately track and project financial performance.•Conducted variance analysis to identify discrepancies and recommended corrective actions to senior management.•Managed intercompany transactions, ensuring timely reconciliation of all accounts and prompt resolution of any discrepancies.•Implemented the three-way matching process, eliminating wasteful spending and ensuring accurate charges, resulting in significant cost savings.•Oversaw and reviewed all incoming invoices, ensuring timely entry and correct application of all vouchers to respective accounts.•Streamlined the accounts payable process, reducing backlog by 40% and improving overall efficiency.•Ensured reconciliation of all loan accounts and prepaid expenses, maintaining accurate financial records.•Negotiated a cost reduction with Emirates Integrated Telecom (DU), cutting package costs from 100AED to 50AED and achieving monthly savings of 20k for the company.•Successfully negotiated extended payment terms with a major vendor, increasing terms from 60 to 120 days and freeing up an average of 300kAED in cash flow.•Assisted the Accounts Receivable department from December 2019 to April 2020, correcting accounts and resolving discrepancies, which resulted in collecting over 1M from long-outstanding customers.•Led the finalization of Financial Statement Reports (FSRs) for 2020 to 2023 for audit purposes and spearheaded the audit clearance for two entities: Al Muttahida Limousine and Avis Emirates for luxury transportation.
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Supply Chain Manager4 Corners Uae Apr 2017 - Aug 2019Dubai Investment Park 2Reported to Commercial director, Business director and Managing director on the performance of department by sharing with them KPI and reports as required.Procurement, supplier development, and end-to-end supply chain management of products for Etihad airline, Vox cinemas, Wendy’s all stores in UAE, Reel Cinemas, EKFC and some of the major catering clients in the Gulf.Monitored complete distribution Cycle of ordering, Purchasing, Receiving, Storing and issuing function for 200 retailers with an annual turnover of 110 Million AEDResponsible for core planning, forecasting, selecting and procurement of all products including reviewing existing products to ensure products remain the best quality and competitive. Build a supply plan of the product with synchronization of all factors e.g. upcoming holidays, the opening of new stores of customer etc. to ensure that we have an optimal quantity of stock holding. Implemented new SOP which reduced overall stock holding for all customer without affecting supplies to customers. Re-routed existing deliveries to optimized usage of the vehicle and to reduced cost on existing routes by 10%.Directly managed team of 8 peoples in the Procurement department and In-directly managed a team of 30 people from the warehouseSuccessfully reduced overhead cost by 3% with optimizing usage of available resourcesNegotiated with suppliers and achieved best prices in the market, located opportunities to reduce cost in ongoing purchasing, manage and monitor 100+ suppliersDeveloped and implemented new freight rate plans, which helped to reduce the overall cost of logistics by 20%. Worked closely with freight forwarder to consolidate from different suppliers to reduce the cost of the product.Responsible for procure to pay to sales for 1 premium customer with inventory worth of 1.8~2 Million AED/month with Average purchases/month of 0.7 Million and average sales/months of 0.6 Million AED
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Financial AnalystBroverz International Private Limited Jul 2012 - Dec 2014• Analyzed performance for different companies for investment purposes by using different ratios and frameworks.• Analyzed financial market for investment purposes by studying country economy and using technical analysis to read trend in that particular asset type.• Improvement in the management report by focusing more on non-Financial factors.As Financial Analyst, I supported my Senior in all aspect of Planning, Budgeting, and Forecasting.My Responsibilities includes: • Assisted in the tax calculation and submission of corporation tax, VAT Tax, and individual tax. -
LecturerAcute Business College May 2009 - May 2012Lahore, Pakistan• Deliver lecture on cost accounting and performance measurement,• Create and implement class curriculum and lesson plans and ensure that each student comprehends concepts introduced in class.• Provide guidance to students on both educational and social matters.• Research new topic areas in a bid to keep knowledge updated.• Select and use a range of resources and materials to help with classroom instruction.• Manage student behavior in class and during outdoor activities.• Supervise and assist students during classwork and provide mentorship and counselling services to students.• Mark workbooks and papers and calculate student averages.• Confer with parents about student progress and limitation.• Develop incentives to ensure positive participation in class.
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AuditorDeloitte Jul 2007 - Apr 2009Lahore, Pakistan• Bank Reconciliation.• Inspection of admin expense vouchers.• Verification of Admin expenses.• Physical verification of Fixed assets.• Reconciliation of ledgers.
Abdul Samad Skills
Abdul Samad Education Details
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Association Of Chartered Certified AccountantAuditing And Performance Measurement -
International Six Sigma InstituteCertified Six Sigma Master Black Belt -
University Of Oxford BrookeB
Frequently Asked Questions about Abdul Samad
What company does Abdul Samad work for?
Abdul Samad works for Mhao (Mohamed Hareb Al Otaiba) Group (Avis & Buses)
What is Abdul Samad's role at the current company?
Abdul Samad's current role is Chartered Accountant ↝ 10+ Yrs. Exp. | Solving Challenges ⇛ Reducing Cost ↔️ Optimizing Growth.
What schools did Abdul Samad attend?
Abdul Samad attended Association Of Chartered Certified Accountant, International Six Sigma Institute, University Of Oxford Brooke.
What are some of Abdul Samad's interests?
Abdul Samad has interest in Children, Civil Rights And Social Action, Education, Environment, Science And Technology, Animal Welfare, Arts And Culture, Health.
What skills is Abdul Samad known for?
Abdul Samad has skills like Business Development, Financial Reporting, Financial Analysis, Accounting, Auditing, Management, Managerial Finance, Time Management, Financial Accounting, Budgets, Investments, Teamwork.
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Mbbs/Fcps(Pulmonology)Mrcgp Family Medicine ... Uae Golden Visa/Doh License HolderAbu Dhabi Emirate, United Arab Emirates -
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Abdul Samad
United Arab Emirates
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