MUHAMMAD MOHSIN

FINANCE MANAGER
Email : hmmohsan@[Link] Martial Status : Married
Contact : +971503934609 Date of Birth : 20-11-1982
Availability : One Month

Professional Outlook
✓ Detail-oriented, results-driven finance & accounting professional with 14 years of hands-on experience of planning,
budgeting & forecasting, advance financial modeling, financial accounting & reporting, financial management, risk
assessment and management, working capital management, BI and data analytics, cost control & allocations in Shared
Services (BPO), FMCG, F&B, Manufacturing & Retail segment.
✓ Adept at designing robust financial reports & costing models to facilitate executive-level decision making. Possesses strong
analytical skills with demonstrated ability to streamline business operations that drive growth, increase efficiency and
achieve bottom-line (ROI) results.
✓ Seasoned financial expert, recognized for sound decision-making abilities, business acumen and problem-solving skills.
✓ Proactive and organized individual with demonstrated expertise of financial systems & accounting operations; possesses
uncanny ability to collaborate effectively with business managers and leaders to resolve variance, refine forecasts and
opportunities for improvement.
✓ Persuasive and concise communicator, experienced in dealing with all levels of management in varied industries and
coaching subordinates for greater productivity.

Core Strengths & Skills

▪ Financials Statements ▪ Budgeting & Variance Analysis ▪ Strong Microsoft Excel
▪ Internal Control Management ▪ Risk Management & Analysis ▪ Advance Financial Modeling
▪ Leadership & Team Building ▪ Communicating & delivering ▪ Financial Planning & Analysis
▪ COGNOS ▪ Business Intelligence (BI) & Analytic ▪ ERP SAP HANA, Business One
▪ MIS Reporting ▪ Costing & Project Feasibility Studies ▪ Oracle Net Suites & E Business Suite
▪ Consolidation (IFRS & GAAP) ▪ Manufacturing Process (ABC) Costing
Major Achievements Company
✓ Contributing AED 1.2M (P.A approx.) through effective fund/ bank facility utilization Alliance Foods
✓ Recovered AED 20m (approx.) by initiating detailed receivables reconciliation process Alliance Foods
✓ Initiated MIS Reporting for sale, production & supply chain assisting in key business decisions Alshaya Foods
✓ SAP Business One Implementation – Project Manager Lead Alshaya Foods
✓ Developed cost allocation model for accurate analysis and reliable conclusions to improve ROI. Alshaya Foods
✓ Developed entire SOPs for receivables and payables NewBoy
✓ 9% production cost variances reduced. Advanced Baking

Professional Experience
Alliance Foods Company (ASMAK) – Dubai, UAE
Working as "Finance Manager” April 2022 to date.
▪ Financial Accounting, Reporting & Controlling
⎯ Managing and supervising department with a team of 12, reporting to CEO and Group CFO.
⎯ Efficiently managing the department to streamline internal monthly and financial reporting (Income Statement,
Balance Sheet, Cash Flow Statement, Shareholder reports) annual audit (EY).
⎯ Ensuring accuracy and timeliness of information processed in SAP HANA.
⎯ Determining accurate rebate & trade spend provision are maintained as per IFRS 15.
⎯ Calculating manufacturing and factory overheads (FOH) for per unit absorption.
⎯ Ensuring inventory (RM, PM, WIP, FG) valuation and cycle count are properly conducted.
⎯ Reviewing journal entries (accruals and prepayment schedule) to approve posting.
⎯ Reviewing Fixed Asset schedule & register.
⎯ Ensuring all backup for invoicing, payables, receivables, and payroll are reviewed prior to payment processing.
⎯ Receivables management - Initiated sales collection meeting on a weekly basis and improved AR turnover period.
⎯ Inventory management - Introduced surprise audits, controlled leakages and wastages. Improving inventory
turnover period (eliminating slow moving stocks)
⎯ Payables Management – introduced cost-effective business partners settlement procedure, saving massive
transaction cost.
⎯ Cash flow management – Effectively managed working capital, curtailing utilization of bank facilities, tremendously
mitigating interest cost.
 ▪ Budgeting, Financial Planning, Forecasting, Controlling
⎯ Leading financial budgeting, forecasting & planning processes of AED 500 million.
⎯ Coordinating with different departments to develop annual budgets.
⎯ Ensuring departments budget proposal are complete accuracy and are aligned with organization's policy.
⎯ Analyzing trend, the proposed budget Vs historical trend after incorporating company's strategy.
⎯ Analyzing Actual Vs Budgets variance and forecasting financials
⎯ Supporting supply chain for demand planning & ensure to manage the imports in line with budget/business
performance.
⎯ Effectively monitoring and managing key performance indicator against the approved budgets andbusiness
plans and challenged the deviations.
▪ Financial Analysis & Profit Optimization
⎯ Providing inside input to improve overall margins through profitability analysis; critical evaluation of marketing
campaign, high contribution margin-based product mixes promotional activities, selling prices, product
placements, rebates and support for the required off takes.
⎯ Providing detail multi-dimensional reports to analyze business opportunities and aid commercial decision-making
for- profit maximization, such as Region/ Channel/ Category/ Segment/ Route/ Production line/ Customer wise
profitability analysis with key business drivers of past performance.
⎯ Capital budgeting – Capital modelling and Investment appraisal, Capacity Building (Feasibility study)
⎯ Conducting weekly meetings with commercial team to update on budget targets, profitable mix.
▪ Liaise on with Professionals.
⎯ Managing both external and internal auditors {Ernst Young (EY) & Deloitte}.
⎯ Ensuring timely statutory reports (Government agency reports) as per deadlines.
⎯ Negotiated bank facilities (Interest Rate saving 15%)
⎯ Tax returns filing (VAT)

M. H. Alshaya Co – Dubai, UAE

Worked as “Finance Manager “ May 2017 – Mar 2022
⎯ Timely Monthly closing as per Alshaya Calendar
⎯ Detailed interpretation of Financial Statements to the management
⎯ Set of MIS reports preparing for Sales, Operations and for supply Chain Departments
⎯ Financial Forecasting on monthly and sharing with Senior Management
⎯ Analyzed and compression of the financial statements to assist the management to take effective and on time
decisions to stay competitive in the market.
⎯ Formulation of budgets (aligned as per group instructions) as well as conducting variance analysis to determine
difference between projected figures & actual expenditure and implementing corrective actions.
⎯ Design the Full Standard Finished Product Costing system (Calculation of Materials, Direct Labor, Direct Electricity,
Direct Diesel, Factory overheads allocation, and Distribution costs allocation over the products, consistently
involved in Project Costing and decision making.
⎯ Detailed Segment wise reporting of different business segments and consolidate the overall results.
⎯ Comparison of actual consumption vs standard materials consumption, highlighting the abnormal variances to
control extra wastage and recipe adherence.
⎯ Purchase efficiency report to control the raw materials price increase and advised management to look alternative
source of materials to improve the margins.
⎯ Periodically Inter Company accounts reconciliation
⎯ Scrutinized of General ledger, Debtors Ledger and Creditors Ledger
⎯ Maintained Sales reports according to brands, category, reports compared with the relevant previous periods and
budgetary figures.
⎯ Lead SAP Business One (ERP) implementation as Project Manager.

NewBoy FZCO
Worked as “Accounting Manager” Sep 2014 – May 2017
⎯ Consolidation of Group accounts
⎯ Obtained and maintained a thorough understanding of the financial reporting and general ledger structure.
⎯ Ensured an accurate and timely monthly, quarterly and year end close.
⎯ Ensured the timely reporting of all monthly financial information.
⎯ Assisted the Controller in the daily banking requirements.
⎯ Ensured the monthly and quarterly bank compliance activities are performed in a timely and accurate manner.
⎯ Supported budget and forecasting activities.
⎯ Monitored and analyzed department work to develop more efficient procedures and use of resources while
maintaining a high level of accuracy.
⎯ Responded to inquiries from the Director of Finance, Controller, and other finance and firm wide managers
regarding financial results, special reporting requests and the like.
⎯ Worked with the Controller to ensure a clean and timely year end audit.
⎯ Supervised the general ledger group to ensure all financial reporting deadlines are met.
 ⎯ Provided training to new and existing staff as needed.
⎯ Handled personnel issues relating to staff conflicts, absenteeism, performance issues, etc.
⎯ Monitored cash flow on a regular basis.
⎯ Conducted reviews and evaluations for cost-reduction opportunities.
⎯ Management of LCs and TR facilities with banks
⎯ Licensing Contracts Management.

Advanced Baking Concepts – Dubai. UAE.

Worked as “Chief Accountant” Jun 2010 – Sep 2014
⎯ Prepared of financial statements for auditors and the management.
⎯ Prepared of monthly and quarterly financial score card, reporting and analysis of financial position and business
performance.
⎯ Determined the accounts payable position for making timely payments to creditors and the accounts receivable and
payable position for receiving timely payments from debtors as well as creditors.
⎯ Dealt with import LC and preparation of cost sheet for imports of store & spares for making purchase orders.
⎯ Analyzed and compression of the financial statements to assist the management to take effective timely decisions to
stay competitive in the market and to improve financial performance.
⎯ Monthly reconciliation of bank accounts and Inter Company accounts.
⎯ Prepared of monthly and annual budgets and prepared monthly variance report of all revenues and expenses,
⎯ Created the fixed asset register, classifying assets under various heads, numbering fixed assets and conducting
physical verification of fixed asset.
⎯ Prepared and reviewed monthly salary from attendance verification to finalization.
⎯ Supervised the preparation of MIS reports to provide feedback to top management on financial performance, viz.
fund management, credit control, profitability, Budgeted targets, Performance of Sales and Operations departments.
⎯ Prepared of list of aged debtors as well as debtors not moved for ensuring effective credit collection policy and
credit control measures.
⎯ Produced monthly cash flow forecasts to ensure adequate funding for the operation.
⎯ Monitored cash flow and fund flow statements.
⎯ Formulated of budgets as well as conducting variance analysis to determine difference between projected figures &
actual expenditure and implementing corrective actions.
⎯ Product Costing and Margin Analysis

Education and Professional Qualification

Professional Qualification / Degree University / Professional Body Year
CPA ICPAP 2013
ACCA Association of Chartered Certified Accountant (UK) 2007
BSc Double Maths Physics Punjab University 2003