Muhammad Arshad
Finance Professional
Muscat
Summary of Career
1. Competent, smart and accomplished professional with expertise in management accounting, budgeting, and forecasting, interpersonal skills, analytical skills, cash flow management and financial reporting having highest standards of integrity and professionalism.
2. A team leader and decision maker who can work well in diversity and has great ability for financial management, strategic Management, financial reporting, business understanding, problem solving mind-set in complex business scenarios, developing teams and helping others maximize their potential.
3. Associate Member of Chartered institute of Management Accountant (UK) and Institute of cost and Management Accountant of Pakistan (ICMA Pakistan)
4. Led the VAT Implementation and Resolved the post implementation quires.
5. Led for ERP Implementation and designed Business process flow for Group Companies.
6. Successfully negotiated with Various Banks in Oman and arranged Financing for the Group.
7. Designed and successfully implemented various policies for internal control.
8. Successfully defended the tax assessment and saved significant amount for the group.
9. Successfully developed and implemented plan for new business startup in the group.
10. Managing various stakeholders of organization effectively.
Experience as Group Finance Manager
Windows 2000 LLC
01 January 2013
To date
Windows 2000 is a group of 6 companies with activities ranging from manufacturing, fabrication, retail and food products. The company is a pioneer in the field of UPVC products in Oman.
Here, I perform the following:
Manage financial planning and budget (with focus on growth) for Group of Companies.
Implemented cost-saving initiatives and productivity tools, including streamlined internal audit procedures and implementation of FOCUS I ERP and SAP Business One ERP software in group wide companies.
Established competitive quotas and bonus program for sales department, increasing YoY revenue 23% in most recent fiscal year.
Actively financed a $2 million capital expansion project with commercial and Govt. development Bank that provided unconventional financing that went beyond machinery financing to include soft costs, facility costs, and tooling. This financing package improved initial operating cash flow and delivered ongoing savings for the cost of capital.
Proactively negotiated terms with an international supplier in Turkey and saved above 500,000USD in year 2020. Also increased the overall credit period by 45 Days on an average.
Cost optimization and best utilization of human resources to increase the business performance.
Designed business process flow to enhance the efficiency of business resources, supply chain and effective accomplishment of business objectives.
Conducted workload assessments and devised new operational processes that led to a 16% increase in productivity.
Managed a process re-engineering project to improve and consolidate end-to-end service processes; restructured communication flow among 5 departments and cut down paperwork by 75%.
Successfully developed and implemented VAT procedures and controls in all group companies when the VAT was first time introduced in Apr-2021.
Develop sales mix analysis reporting along with margin analysis reporting
Managing various stakeholders of organization effectively.