Zaheer Shahzad
Finance and Accounting
Sharjah
Summary of Career
1. More than 15 years of finance, accounts, internal & external audit management, financial reporting, and financial analysis exposure from Big 4 firms as well as from group of companies.
2. More than 13 years of UAE experience from audit firms and group of companies.
3. Knowledge of International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA) and local laws.
4. Well versed with FTA VAT laws and practice.
5. Developed reports including systems reviews and documentations, standard operating procedure manuals, internal audit reports etc
6. Liaison with external auditors for successful completion of external audits.
7. Presenting monthly management report for financial performance of companies KSA group management.
8. Working with ERP Consultants for implementation of SAP Business One and VAT Consultants for modifications in accounting systems.
9. Dealing with VAT consultants and FTA timely submission of VAT returns. Ensuring compliance of VAT laws and submission of returns to Federal Tax Authority
10. Leading finance in development of SOPs and financial KPIs.
Completed Training on Anti Money Laundering measures in Abu Dhabi Finance
Had comprehensive experience in implementation of SAP and Oracle from various organizations
Experience as Audit Supervisor
Grant Thornton UAE
01 November 2007
19 December 2009
One of the leading audits and consultancy firm. My major responsibilities include:
• Conducting external and internal auditing assignments for clients especially real estate companies, hotels, and construction industry. Major responsibilities include as internal auditor:
• Planning & conducting external audits using audit software’s.
• Preparing financial statements in line with IFRS.
• Training & appraising assistants
Experience as Financial Accountant
20 December 2009
09 April 2010
Financial institution (subsidiary of Mubadala Abu Dhabi Real Estate Developer). My major responsibilities include:
• Implementation of Oracle Financials (including testing and post implementation review).
• Preparation of IFRS based Financial Statement. & preparing group financial report and management reports
• Assisting Financial Controller in day to day financial reconciliations& assisting Chief Financial Controller in developing finance and accounting manuals.
Experience as Finance Manager
10 April 2010
28 February 2017
One of the largest UAE based Group dealing in hospitality, real estate, trading, construction and investment business. My major responsibilities include:
Audit Responsibilities
• Developing internal audit department to address all significant line of business.
• Developed internal audit system documents like charter, audit procedures and internal audit reporting mechanism and planning procedures.
• Reviewing policies and procedure and suggesting improvements.
• Review ongoing construction projects and review milestones. Presenting internal audit reports on project progress.
• Dealt with external auditors and replying to their queries, findings and observations.
• Reports to Chairman and senior management on audit recommendations and findings.
• Reviewed and suggested as consultant in developing SOPs.
Finance & Accounting Responsibilities
• Preparation of group cash flow and financial analysis.
• Reviewing budgets and performs actual versus budget analysis.
• Development of SOPs for hospitality division.
Experience as Finance Manager
01 March 2017
14 August 2019
Mansour Al Mosaid Group of Companies (UAE) from September, 01 2019 to date
Working as Finance manager for UAE based manufacturing and trading companies of Mansour Al Mosaid Group which is based in KSA.
• Financial management of manufacturing unit M/ S Best Paints Factory in Sharjah engaged in production of paints products for industrial and automotive industry. Apart for this, performing financial role on M/S Hafiz Yasin Trading LLC dealing in automotive refinishing products under brand name of Nippon.
• Working on monthly, quarterly cash flow forecasts for companies;
• Working closely with managers for budgets and actual financial results and variations.
• Leading finance in development of SOPs and financial KPIs.
• Dealing with VAT consultants and FTA timely submission of VAT returns. Ensuring compliance of VAT laws and submission of returns to Federal Tax Authority.
• Working with ERP Consultants for implementation of SAP Business One and VAT Consultants for modifications in accounting systems.
• Presenting monthly management report for financial performance of companies KSA group management.
• Liaison with external auditors for successful completion of external audits.
Becon Group of Companies from April, 2017 to August, 2019
Working as Senior Finance manager at group level dealing with entities having construction projection over 100 Million per project, MEP division & fabrication business, trading, faciality management business, grocery market business. My major responsibilities include:
Finance Responsibilities
• Managing and driving the 10+ team of accountants for monthly and quarterly financial closing. Involve in daily accounting activities, approvals of payments, reconciliations.
• Working on monthly, quarterly cash flow forecasts for projects and any delays in project completion.
• Working closely with project management teams for budgets and actual milestones of projects and variations.
• Leading finance in development of SOPs and financial KPIs.
• Dealing with VAT consultants and FTA timely submission of VAT returns. Ensuring compliance of VAT laws and submission of returns to Federal Tax Authority.
• Working with ERP Consultants and VAT Consultants for modifications in accounting systems.
• Presenting monthly management report for financial performance of companies with in group.
• Liaison with external auditors for successful completion of external audits.
Experience as Finance Manager
01 September 2019
31 March 2020
Working as a Finance manager for UAE based manufacturing and trading companies of Mansour Al Mosaid Group which is based in KSA.
• Financial management of manufacturing unit M/ S Best Paints Factory in Sharjah engaged in production of paints products for industrial and automotive industry. Apart for this, performing financial role on M/S Hafiz Yasin Trading LLC dealing in automotive refinishing products under brand name of Nippon.
• Working on monthly, quarterly cash flow forecasts for companies;
• Working closely with managers for budgets and actual financial results and variations.
• Leading finance in development of SOPs and financial KPIs.
• Dealing with VAT consultants and FTA timely submission of VAT returns. Ensuring compliance of VAT laws and submission of returns to Federal Tax Authority.
• Working with ERP Consultants for implementation of SAP Business One and VAT Consultants for modifications in accounting systems.
• Presenting monthly management report for financial performance of companies KSA group management.
• Liaison with external auditors for successful completion of external audits.
Other 30 November 2016
CA Affiliate from Institute of Chartered Accountants of PakistanOther 29 February 2012
CRMA from Institute of Internal Auditors