Saad Ahmed

Finance
Abu Dhabi


Profile Views 194

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Last Seen: 02 March 2022 5:12 PM

Skills
Financial Analysis Budgeting P&L Accountability Financial Reporting Financial Forecasting Variance Analysis IFRS Reporting Analytical Skills Ratio Analysis Presentations Cash Management
  • Experience
    5 Years
  • U.A.E Experience
    2 Years
  • Industry
    Banking & Finance
  • Nationality
    Pakistani
  • Visa status
    Employment Visa in UAE
  • Qualification
    Bachelor - BSc in Applied Accounting
  • Driving License:
Other Matching Titles/Position
Financial Analyst
Finance Business Partner
Investment Analyst
Equity Analyst
Assistant Manager Finance
Industry Titles
Banking & Finance
FMCG
Pharmaceutical

Summary of Career

1. Conducting performance analysis and evaluating financial proposals (presented by business units), auditing the documents and providing the summary and presentation to the management on the strategies and current performance


2. Collaborating with the unit heads and their respective teams for the detailed analysis of the proposed budgets and forecast


3. Performing detailed financial analysis and providing reasons for variance with previous periods


4. Expertly crafting the presentations and management reports; effectively presenting the feasibility of ongoing projects Diligently reviewing and finalizing the monthly and annual financial statements and analysis


5. Proficiently evaluated & approved fixed asset invoices while attentively ensuring proper coding of invoices in accounting system in line with capitalization policies. Expediently analyzed actual capital expenditure against approved project budgets


6. Efficiently handled income and sales tax treatment in accordance with applicable tax laws and exemptions. Prepared weekly WHT, monthly federal & provincial sales tax e-payments and carried out e-filing of sales tax return by using best practices


7. Maintained cash position, preparing & recording monthly accruals of company while adeptly arranging invoices in line with payment terms. Negotiated & resolved billing issues with suppliers and adroitly formulated billing & collection reports


8. Competently examined financial statements as well as executed equity & company analysis while evaluating market trends & recommending solutions to clients. Built collaborative rapport with clients by delivering services & ongoing portfolio reviews


9. Supported in writing research reports, event updates, result previews and daily news wraps while tracking performance of portfolio companies and reviewing financial information pertaining to sector specific companies for process improvements


10. Participating in special projects/assignments as required, and perform ad-hoc analysis as requested


Work Experience (Employment History)

Experience as Trainee Money Manager

  • Employer

    Abbasi Securities Private Limited

  • From

    26 December 2016

  • To

    24 October 2017

  • Detail

    - Competently examined financial statements as well as executed equity & company analysis while evaluating market trends & recommending solutions to clients. Built collaborative rapport with clients by delivering services & ongoing portfolio reviews
    - Supported in writing research reports, event updates, result previews and daily news wraps while tracking the performance of portfolio companies and reviewing financial information pertaining to sector specific companies for process improvements

Experience as Assistant Manager Finance

  • Employer

    MCB Arif Habib Savings & Investments Limited

  • From

    01 November 2017

  • To

    04 December 2019

  • Detail

    - Efficiently handled income and sales tax treatment in accordance with applicable tax laws and exemptions. Prepared weekly WHT, monthly federal & provincial sales tax e-payments and carried out e-filing of sales tax return by using best practices
    - Expertly managed petty & cash flow of all 16 branches and processed invoices for corporate clients. Prepared vouchers and invoices related to purchases and expenses on a daily basis while evaluating invoice details and assigning appropriate GL codes
    - Skillfully coordinated with the HR department in recording payments of payroll, employees old-age benefits & provident funds while ensuring accurate reflection of accounts receivable/payable in financial statements before the deadline for smooth working
    - Maintained cash position, preparing & recording monthly accruals of the company while adeptly arranging invoices in line with payment terms. Negotiated & resolved billing issues with suppliers and adroitly formulated billing & collection reports
    - Expediently assisted supervisor in executing accounts payable policies and articulated various reports using ERP. Analyzed variances of branches expenditures while aptly ensuring classification of capital & revenue expenditures at the time of payment
    - Reconciled transactions of head office and branches on daily basis. Maintained record of all accounts receivable and payable between AMC and funds. Actively participated in the preparation of annual budget while attentively updating fixed asset register
    - Effectively coordinating with the external auditors and consultants; devising controls over financial accounting, reporting and operations. Developing and implementing the best practices policies and procedures

Experience as Fixed Asset Accountant

  • Employer

    Madinat Jumeirah

  • From

    02 February 2020

  • To

    16 June 2020

  • Detail

    - Proficiently evaluated & approved fixed asset invoices while attentively ensuring proper coding of invoices in the accounting system in line with capitalization policies. Expediently analyzed actual capital expenditure against approved project budgets
    - Handled fixed assets and depreciation schedules while maintaining fixed asset ledger and performing account reconciliations of general ledger entries with fixed asset register. Utilized key skills in Adaco software to eject/get previous records and data

Experience as Financial Analyst

  • Employer

    Office of His Highness Sheikh Hazza Bin Zayed Al Nahyan

  • From

    14 September 2020

  • To

    To date

  • Detail

    - Maintaining and monitoring the funds and investments, including inflows, outflows and record maintenance
    - Conducting performance analysis and evaluating financial proposals (presented by business units), auditing the documents and providing the summary and presentation to the management on the strategies and current performance
    - Collaborating with the unit heads and their respective teams for the detailed analysis of the proposed budgets and forecast
    - Ensures correct and transparent recording of all business transactions in Microsoft Dynamic 365 in the relevant period
    - Performing detailed financial analysis and providing reasons for variance with previous periods
    - Implementing and ensuring appropriate financial and internal controls in compliance with company policies and procedures or as deemed appropriate by senior management
    - Expertly crafting the presentations and management reports; effectively presenting the feasibility of ongoing projects Diligently reviewing and finalizing the monthly and annual financial statements and analysis
    - Participating in special projects/assignments as required, and perform ad-hoc analysis as requested

Academic Qualification

Master 30 June 2017

ACCA

Bachelor 31 December 2022

BSc in Applied Accounting
Certifications
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