Mujahid Ali

Key Achievements: § Developed and implemented a comprehensive financial management system, including budgeting, forecasting, and reporting tools, which improved financial accuracy and transparency. § Improved cash flow management, reducing the cash conversion cycle by 15 days and ensuring the company maintained a healthy liquidity position to support ongoing operations and growth. § Expertly prepared and supervised financial statements, consolidated group financials, budgets, and conducted actual versus budget analysis, and other financial reports. § Developed and delivered monthly financial reports and KPIs to the executive team, providing actionable insights that informed strategic decision-making and operational improvements. § Successfully implemented a monthly MIS reporting system, which increased the finance & accounts team deliverability by 100%, resulting in timely and accurate financial reporting. § Built and led a high-performing finance team, fostering a collaborative and innovative work environment that enhanced productivity and employee engagement. § Successfully reduced project cost overruns through proactive budget monitoring. § Implemented a system for faster subcontractor payments, improving supplier relationships. § Improved WIP reporting accuracy for better project profit tracking. § Achieved 100% Tax Compliance by providing staff training, ensuring timely reconciliations, and setting clear deadlines. Key Deliverables: Financial Management, Accounting & Reporting § Strategic Planning: Evangelize the transformation of business & financial outlook by formulating financial strategies supporting the business objectives. § Financial Accounting/Closing: Ensured closing books on monthly basis preparing group consolidated financial statements. Supervised financial month end and year end book of accounts including reconciliations AR, AP and related companies. § Budgeting: Develop and provide monthly financial budgeting, including monthly profit and loss by project, forecast vs budget by division. § Cash Flows: Monitored daily cash flow positions to ensure adherence to payment plans and arranged financing for extended-term cash requirements. § Corporate Banking: Successfully maintained strong relationships with banks, facilitating the opening of numerous new accounts for various projects. § Auditing: Collaborated with both internal and external auditors ensuring timely completion of the audit process. § Communication: Engaged in cross-functional communication with key stakeholders, including the CEO, managers, vendors, customers, and government officials. § Statutory Compliance: Ensure compliance with financial guidelines, company policies, and relevant legal regulations Tax Planning & Management: § Tax Registration: Successfully registered many group licenses with Federal Tax Authority for VAT & Corporate Tax purposes. § Tax Planning: Provide strategic leadership and direction in the development and implementation of tax planning initiatives for the group divisions for VAT & Corporate Tax. § Tax Returns: Oversee the preparation and filing of necessary tax returns for the group, ensuring accurate and timely compliance with all Vat, Excise tax, corporate tax and other applicable taxes. § Group Transfer Pricing: Ensuring compliance with applicable Transfer Pricing rules & regulations. § Monitoring changes in tax legislation, reviewing and analyzing the tax implications of new business ventures, acquisitions, and investments, providing valuable insights to support decision-making processes. § Providing guidance and expertise on tax matters to internal stakeholders, including finance, legal, and operational teams, ensuring a high level of understanding and compliance across the organization.

Group of companies across UAE, Oman, Kenya,, Pakistan. Major Job Responsibilities/Achievements: § Managed financial operations for multiple entities, ensuring accurate financial reporting and compliance with IFRS. § Led budgeting, forecasting, and MIS reporting, providing strategic insights to senior management. § Managing cash flows and banking operations, including liaison with relationship managers. § Liaison with Auditors and consultants for Annual audits, and other services as required. Key Achievements: o Improved financial reporting accuracy by 15% through data integrity improvements. o Successfully cleared VAT audits and ensured compliance with statutory reporting in UAE.

Major Job Responsibilities/Achievements § Responsible for the accounting & finance operations of the company. § Led the preparation of management accounts, budget forecasts, and detailed variance analysis on cost areas. § Managed DME, and cost control, prepared ROI and sales reports, and collaborated with cross-functional teams for budgeting. § Compliance with financial regulations and worked closely with auditors for smooth year-end audits. § Participate in the formation and implementation of company financial plans. § Supervise accounts payable and accounts receivable staff and functions. § Monitoring the Bank facility schedule on day-to-day basis. Key Achievements: o Managed company’s investment funds of 120m and liaised with banks to secure profitable investment opportunities

Key Deliverables: Major Job Responsibilities/Achievements § Conducted thorough financial audits for public and private companies, from banking, insurance, service, and manufacturing sectors, ensuring compliance with IFRS and ISAs. § Established inventory and asset management systems, and accounting department of a newly established company. § Assist in planning and executing audit assignments. § Perform risk assessments and identify key areas of audit focus. § Acquired comprehensive expertise in Financial Statement analysis, encompassing best practices, key processes, accounting policies, accounting methods, and regulatory specificities. § Participated in collaborative projects with Big Four firm Ernst & Young. § Execute audit procedures in accordance with auditing standards. § Prepare detailed audit work papers and documentation. § Draft audit reports, highlighting findings and recommendations. § Communicate audit results to clients and senior management.