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<pre>Array ( [var] => cut_url ) </pre> Resume for TD B. for Executive Manager / Engineering Services in Manama, Bahrain. Search More Resumes for Executive Manager on #DJLR6UU17

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Resume for TD B. for Executive Manager / Engineering Services in Manama, Bahrain

Occupation: Executive Manager Industry: Engineering Services
Country: Bahrain City: Manama
State: Al Manamah ZIP: 932

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T D B., B.Sc., ACA

P O Box , Manama, Bahrain 
Mobile: + ; Telephone Home: +  


Highly skilled and experienced qualified finance professional ACA with a strong commercial and operational focus, who has maximized corporate growth and effectiveness opportunities by complementing sound commercial discipline with strategic vision and operational implementation skills.  
Has repeatedly identified scope for rapid corporate growth and bottom line improvement, and provided the focus for achieving it, whilst ensuring commitment at all levels. Change agent, proactive, innovative, leads by example and enthusiasm.

Extensive years post qualification experience in various industries such as Auditing, Consulting, Utilities, Manufacturing, Retail, Engineering, Automotive, Real Estate, Insurance and Hospitality in Bahrain, Qatar, UAE, UK and India.


Best corporate practices development, cost reduction and earning potential optimization, working capital management though best inventory control and receivables management, credit risk management, exchange risk aversion, mergers & acquisition, ERP selection & implementation, business analytics, Joint Ventures JVs.

Experience Financial Controller J A Zayani & Sons WLL, Bahrain

Diversified business

April — Present   

  • J A Zayani & Sons is a highly respected Bahrain based diversified group of companies engaged mainly in the installation and service of Otis and Sigma elevators and escalators apart from operating a full fledged engineering and mechanical services division offering sale and service of construction machinery, garage equipment and field survey accessories. Its scaffolding division offers expert scaffolding services as well as sale and service of scaffolding materials. The group is also engaged in sales and distribution of chemicals, plastics and construction materials. Its retail divisions represent high street fashion and office furniture. The real estate and hospitality division owns and operates a four star hotel and + apartments and luxury villas. The group has a manufacturing facility for HDPE based products as well. The insurance division underwrites all sort of general insurance policies in the Kingdom of Bahrain. Apart from Bahrain the group has its presence in USA, UK, UAE and operates several automotive dealerships in Kuwait also.  
    As Financial Controller of the group I direct all financial, IT and strategic functions with specific responsibility for all MIS, capital and revenue budgeting, working capital management, compliance, risk management, development / review of policies and procedures, business development, diversification, M&A and new ventures.
  • Oversee all finance and IT functions of the group with specific responsibility for consolidation of financial statements, budgeting and variance analysis, banking activities, payroll, procurement of stockintrade and capital goods, external reporting and compliance.
  • Maintain strong and reputable banking and legal relationship across Middle Eastern and European markets.
  • Successfully implemented an ERP system MSSQL connecting four geographical business locations through a VPN network for a secured online data sharing and processing platform.
  • Reduced leadtime for preparation of financial statements from one month to five days.
  • Implemented corporate governance standards in line with SOX requirements.
  • Responsibility for preparing and consolidating financial statements, presenting them to the Board and getting them audited as per IFRS requirements.   
  • Preparation of capital and revenue budgets, its periodical monitoring for variances and advising the divisional / line managers on cost reduction and revenue optimization techniques.
  • Identification of areas for automation, selection and evaluation of costeffective IT systems, its development and implementation in consultation with system vendors, postimplementation monitoring and subsequent enhancements in accordance with the emerging business requirements.  
  • Undertaking specialized studies, preparation of feasibility reports and projections for the purpose of Board appraisals and for financial institutional borrowings.
  • Recruitment and training of accounting personnel.
  • Developed a result oriented compensation policy for operational, management and support staff through the entire group; results: Sales increased by % leading to better profitability and employee motivation.
  • Established a committee for ensuring timely followup and collection of Trade Receivables; results: amounts provided in earlier years as bad debts were subsequently collected through proper followup techniques; a higher liquidity of receivables.
  • Formed a task force for prudent inventory control and management; results: doubled the inventory turnover; reduced the inventory carrying costs; improved the working capital position by disposingoff the obsolete stock.
  • Increased the profitability of the Consumer Electronics Division by % by closing down two nonprofitable outlets and relocating them to better locations having more business potential.
  • Implemented JIT ordering policy for the Industrial Products Division, thereby reducing the working capital requirement by %.
  • Led the process of acquisition of a two star hotel in London; oversaw its refurbishment in to a four star hotel, turned it around to a profitable business and negotiated for its successful sale; achieved an overall ROI of % p.a.
  • Organized the merger process of the Elevator Division starting with the preparation of forecasts and SWOT analysis, collection of market data, selection of proper valuation methodology in liaison with the consultants and in the final negotiation of the values. Negotiations based on vital data on strengths and opportunities resulted in a better earning potential for the Group by spinningoff % stake in favor of the principals and establishing a new company with more market competitiveness.
  • Chief Accountant New Trade Co; Doha, Qatar

    Retail industry

    March — April  

  • Formulated an integrated Management Information System.
  • Successfully computerized and enhanced the accounting system with minimal cost / zero defects / no duplication process.
  • Streamlined the commercial operations and controlled the overheads through well laid out forecasts and budgets.
  • Reduced the financing cost by % through planned deployment of internal resources.
  • Implemented an effective credit policy.
  • Developed a proper inventory control system, thus improved the cash flows and eliminated stock obsolescence.
  • Media planning and scheduling.
  • Negotiation with suppliers and trade representatives.
  • Liaison with banks, auditors, consultants and legal advisors.
  • Developed and implemented a performance based compensation policy.
  • Finance Manager Vysali Pharmaceuticals Limited, India

    Pharmaceuticals industry

    April — March  

  • Managed a team of in finance, accounts, legal and IT functions.
  • Successfully coordinated all the time bound procedures of the IPO and stock exchange formalities.
  • Addressed the public shareholders on the progress of the new project and the performance of the company in its Annual General Meeting AGM.
  • Achieved % ROI on corporate investments by striking a balance between liquidity and risk.
  • Liaison with banks, financial institutions and auditors.
  • Deputy Accounts Manager Kerala Water Authority, India

    Utilities industry

    February — March year months

  • Finalizing of annual accounts of the Corporation.
  • Preparation of revenue and expense budgets.
  • Implemented a training program for accountants of Project Monitoring Units.
  • Liaison with auditors and management consultants.
  • Audit Manager Maharaj & Co., Chartered Accountants, India

    Accounting industry

    January — March  

  • Managed a team of assistants in the audit of various companies, banks and financial institutions.
  • Preparation of audit reports and financial statements.
  • Undertook specific assignments on profitability analysis, internal control, taxation, company law, public issue IPO management etc.
  • Education ACA Chartered Accountant, — B.Sc. in Mathematics and Statistics, — Certified in IT & Computer Applications, – Personal Profile Married Age:

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