F AKHRUDDIN A LAMSHAH B.

C om, AI C WA , C MA
P O Box 74381, Dubai, UAE
Mob: +971-50-3038951; Email: f_alamshah@yahoo.com; alamshah@eim.ae

Seeking a Senior Management assignment in…

Finance & Accounts / Corporate Governance / Financial Planning & Control /

Business Process Re-engineering in…

M A N U FA C T U R I N G / F I N A N C E / S E R V I C E sector

An accomplished Finance professional with over 19 years of rich experience in India and overseas (last 12
years in UAE and Uganda) in all areas of finance and accounts as well as project feasibility and finance, a good
administrator with excellent interpersonal skills highly detail oriented and analytical and eager to take on
challenges.

CORE SKILLS

 Ability to set up accounting and costing systems from scratch.

 Capable of handling any type of accounting software and/or environment.
 Expertise in analyzing existing systems & procedures and improving on them to enhance efficiency.
 Experienced in preparing business continuity plans and designing internal control systems to facilitate
effective decision-making.
 An effective communicator and strong leader.
 Exceptional analytical and relationship management skills with proven ability in liaising effectively with
banks, financial institutions and regulatory authorities.

CAREER PROFILE
Finance
 Managing finance functions involving designing and implementing systems, policies & procedures to
facilitate internal financial control.
 Formulating budgets and conducting variance analysis to determine difference between budgeted and
actual figures and implementing corrective actions.
 Formulating need-based business plans and strategies for maximizing profitability and generating revenues
to realize organizational goals.
 Screening new projects, conducting feasibility studies to determine the financial viability of new ventures
and projecting cash flow and growth opportunities.
 Raising funds from banks and FIs for organizational functioning and project requirements.
 Preparing financial reports showcasing the organization’s financial position in terms of revenue, profitability.
 Reviewing and analyzing monthly operating results as compared to budget and forecast, summarizing
major variances and highlighting problem areas and trends for follow up with senior management.
 Preparing and analyzing monthly accruals, reclassifications and corrections.
Accounts & Audits
 Managing the preparation and maintenance of statutory books of accounts, financial statements and annual
reports in compliance with time and statutory accounting standards.
 Handling receivables, payables and inter unit accounts management, supervising inter / intra companies’
reconciliations.
 Interacting with the auditors during internal, statutory & tax audits, evaluating internal control systems
and procedures and implementing recommendations.
 Hands-on experience of IFRS and moderate knowledge of US GAAP.
 Finalizing tax plans for minimum taxation liability.
 Formulating accounting procedures and policies in conformance with prevailing accounting standards.
 Finalizing books of accounts such as balance sheet and profit and loss account and ensuring time and
accuracy norms.

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 Conducting analysis of balance sheet and accounts including trend analysis, flux analysis and monthly
revenue and cash flow projections.
 Preparing and submitting reports required by regulatory authorities within specified period.
Liaison
 Liaising with the banks, auditors and other regulatory bodies.
 Interfacing with taxation authorities for timely filing of tax assessments and tax returns in compliance of
statutory tax acts.

CAREER HISTORY
Idrive Rent a Car LLC, Dubai, UAE
Head - Accounts (Nov 2005 to present)

 Report to the Managing Director and manage a team of 7.

Accomplishments
 Designed and successfully implemented automated Fleet Management System (FMS).
 Designed an effective system for feasibility reporting for new clients.
 Successfully implemented Peachtree accounting system, and incorporated it with FMS as per industry
requirements.
 Successfully negotiated with new bankers and obtained finance for the fleet.

Megha Industries (U) Ltd., Kampala, Uganda

Group Financial Controller (Sep 2000 to Mar 2005)

 Reported to the Managing Director and managed a team of 15.

Accomplishments
 Developed project feasibility report for new ventures (Digitek Advertising, an LED billboard project), the
first project of its kind in Uganda, negotiated with the banks and obtained finance.
 Enhanced business turnover by providing data on optimum sales mix for maximizing profitability.
 Implemented a system for tracking distributor’s performance, sales forecasting and tracking stock
availability.
 Developed and executed financial strategies and cost reduction projects for mattress business of the group.
 Designed and implemented accounting, inventory and internal control systems for the Group’s new venture
in South Africa (Megha Industries (SA) Pvt. Ltd.)
 Joined as Chief Financial Officer and was promoted to Group Financial Controller within 4 years.

Blitz Readymade Garments, Sharjah, UAE

Chief Accountant (Jan 1998 to May 2000)

Accomplishments
 Successfully automated and integrated the accounting & inventory system through implementation of Tally.
 Successfully handled the first external audit independently.
 Designed and implemented a scrap control system.
 Designed a bar code system and implemented it successfully for products of Al Jazira Poultry Farm LLC (a
Group venture).
Previous Experience

Alfard Furniture Factory, Sharjah, UAE

Accountant (Aug 1997 to Jan 1998)

Peacock Industries Ltd.,

Senior Officer - Accounts (Apr 1996 to Jul 1997)

Cosmos Industries,
Assistant Manager - Finance & Accounts (Feb 1995 to Apr 1996)

Rock Stone Industries,

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Accountant (Mar 1990 to Feb 1995)

EDUCATIONAL QUALIFICATIONS

 MBA (Finance) from ICFAI, Hyderabad, India – Pursuing

 CMA from Institute of Certified Management Accountant (ICMA), USA
 Diploma in Business Management from ICFAI, Hyderabad, India
 CWA (Costing) from ICWAI, India in 1990
 B Com (Taxation, Accounts, Economics) from Mohanlal Sukhadia University, Udaipur in 1988

Date of Birth: 10 August 1968; Languages: English; References available on request

Valid UAE Driving License # 1273179

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