Resume/C.V Saddam Safdar (ACCA) http://www.linkedin.com/profile/view?id=122317075 Mobile: +971 55 9591275 E mail & Skype: ssauh@hotmail.com Profile Summary & Objective (Finance Professional) Having 10+ years of Financial and Business Management career (6 Years in Middle East) experienced as commercial financial manager with various industries exposures like Manufacturing, Oil & Gas, Services, Banking, Retail, Facilities Management, Real Estate & Construction, also trained with Big4 for various assignment, ACCA member & attended courses at Manchester Business School, now seeking a challenging and rewarding career in dynamic and reputed organization having growth and development opportunities with goal congruence which gives value to organization. Achievements Successfully established & run the company from scratch in financial terms. Successfully run heavy debt laden company. Got distinction in ACCA exams. Reduced cost of funding by 25% Core Skills Segmental & Consolidated Financial Reporting (MIS) Operations Finance Management External & Internal Audit Business, Trend & Financial Analysis Effective communication & Relationship Management KPI Formulation& Implementation Risk Management Project Finance Business Valuations & Pricing Budgets & its Implementation Mergers & Acquisitions Transactions Preparing & Implementing Financial Policies Corporate Finance Management Business Plans & Forecasts Employment Record: Worked with Big4 for various assignments, Supervision of 6-8 employees, worked with multiBillion Dollar Groups & can handle Multibillion Dollar companies too. Finance Manager (Joint Venture of Al Masaood Group Abu Dhabi UAE) A Joint Venture of Al Masaood Group Where I am functionally reporting to CFO (who is ex CFO of British Petroleum where he worked as CFO across the globe including but not limited to Russia, USA & Middle East) Duties as follows from November 2010 To Date Preparing Consolidated/Group Financial Statements Monthly & Yearly and presenting to management (Income Statement, Balance Sheet and statement of cash flows) under IAS & IFRS, across 10 business segments of the 02 companies. Also participating in Board meetings, presenting MIS Pack and providing feedback thereof. Performing an advisory function for GM covering various financial initiatives at tactical level supported by appropriate financial tools and information to facilitate day to day operations decision making. Also performed detailed analysis for business mergers & acquisitions transactions. Tracking business performance on all tactical decisions and highlighting issues and areas of concern for corrective actions along with regular reviews of business performance using benchmarks and KPIs to highlight and suggest improvements to overall effectiveness. Preparing Segmental & Group Budgets (2 companies across 10 business segments), Cash flow forecasts & financial Models to support business plans and controlling the budgets & business thereof. Liaison with Financial Institution for Plant/Project Financing, Refinancing and working capital management and dealing with clients & vendors. Liaison with Internal and External Auditors and maintaining relationships with Key Stakeholders, Directors, Customers & Vendors. Managing & bringing Risk to acceptable levels. To run & verify the payroll and safeguarding assets. Developing supportive internal control system & operations accounting manual. Developing financial manual along with authority level procedures. Business & Trend Analysis of current Projects, financial Analysis of new projects & business / projects valuations by application of various techniques. Assistant Manager Finance (Al Futtaim Group Company) Duties as follows from November 2009 to Oct 2010 Preparation of Monthly Management Accounts of the Division Timely and Accurate Reporting of Actual Results Preparation of variance statements, analysis and alerts Risk management across the division. Preparation of Information Pack for Monthly Board Meetings Communication with branches on variances, and addressing queries related to management accounts Preparation of Annual Budgets and Rolling Forecasts Preparation of feasibility studies for new projects Preparation of Reports and Ad-hoc studies as required Analysis of financial impact due to emerging trends on business and alert business unit(s) of any potential opportunities and risks. Finance Executive (Jamal Al Ghurair Group Dubai U.A.E) Duties as follows from April 2008 To November 2009 Preparing Financial Statements Monthly and Yearly and presenting to management(Income Statement, Balance Sheet and statement of cash flows) Preparation of Monthly/Annual Budgets, Rolling Forecasts and variance statements, analysis and alerts & analyzing financial impact of emerging trends. Liaison with Internal and External Auditors. Preparing & updating Fixed Assets register, controlling general ledgers. Preparing daily cash/bank positions and supervising staff in finance department. Semi Senior Auditor (Deloitte Lahore Pakistan) Duties as follows from January 2006 to January 2008 Page 2 of 3 CV Saddam Safdar Applying Audit assertions to financial statements and class of transactions as per risk based audit approach. Assisting Senior Auditors with the preparation and presentation of financial statements including significant financial statement disclosures, in the light of the relevant reporting framework, performing operational and financial audits and applying risk assessment procedures and ensuring compliance with all applicable reporting requirements. Calculation of VAT (Value Added Tax / Sales Tax). Verifying Payroll Account for employees, audit of Fixed Assets and their depreciation charge. Responsible to audit of stores (Inventory) and warehouse stock taking results. Responsible for audit cash/banking Account including loan facilities. Management Trainee Officer (Meezan Bank Ltd. Lahore Pakistan) Duties as follows from January 2005 to December 2005 Worked with Credit administration Department. Preparing Facility Offer letters Understanding business risk for corporate deals. Feeding Customers documents (Charge+ Collateral+ Insurance) into Tailor made Software System, which works as a data base and provide different information as & when needed Handling Administrative affairs of the Hub which also include Budgeting of expenses incurring during the year. Preparing various reports on customers. Operational activates includes limits updating and disbarment profit recoveries and other miscellaneous charges deduction. Education ACCA Qualified (Member) from Accountancy Body United Kingdom. Masters& B.Com Qualified from HEC/University of the Punjab Lahore Pakistan. Attended courses at Manchester Business School for Innovation& Business Mgt. Certificate of Financial consultant (CFC from Canada), Awaiting Final result for this degree. Computer Skills MS Office (Advance Excel),Proficient in SAP (ERP), Sage Line 50, QuickBooks, Focus, Peachtree and Win Accounting so I can operate almost all software. Languages English (Excellent), Urdu (Excellent), Hindi(Excellent) Arabic (Read & write Excellent with basic understanding, business level) Personal Information Date of Birth Location Availability Driving License : : : : December 30, 1984 Dubai / Abu Dhabi UAE I can join within one month Valid U.A.E. driving license References References will be furnished upon request. Page 3 of 3 CV Saddam Safdar