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ARIF HUSAIN
E-Mail: Ahusain21@gmail.com
Phone: +965-97141600
FINANCE MANAGER / FINANCE DIRECTOR / CFO – TELECOM / ICT / RETAIL/MFG.
Rich Experience in driving operations across the career with proven success in ensuring optimum results
P R O F I L E S U M M A R Y
• An accomplished finance management professional with over 22 years of experience in corporate financing, accounting
operations, budget management, MIS and financial analysis
• Exceptional overall business perspective, rich ability to exceed goals and achieve organizational objective along with tax
planning, compliance and management
• Proven history of providing valuable financial advice with demonstrated track record of consistently combining financial
leadership with sound business practices to ensure improved bottom-line
• Key competencies in defining SOP’s and introducing well-defined accounting/costing systems along with internal controls
for systematic conduct of business and well developed financial reporting skills & understanding of IFRS and GAAP,
• Proven strengths in determining & documenting enterprise wide risk management procedures for an organization, and
identifying Key Controls points
• Exhibits business process knowledge, possesses a broad based operational perspective and provides solutions for non-
insurance related business risk issues
• Hands on expertise in overall financial aspects of company strategy including analysis of figures and implementation based
on these findings with the most profitable outcomes.
• Qualitative expertise in strategic planning, corporate finance and accounting operations, business development and
Strategic planning & implementation
C O R E C O M P E T E N C I E S
Finance Management
Financial Analysis
Internal Control / IFRS
Relationship Management
Commercial Operations
Audit & Inspection
Financial Restructuring
Reconciliation
Budgeting / Cost Control
Resource Management
Accounting Operations
Risk Management
O R G A N I S A T I O N A L S C A N
FUTURE COMMUNICATIONS COMPANY GLOBAL KPSC, KUWAIT Since Nov 2007
Finance Manager
KUWAIT INTERNATIONAL BANK, KUWAIT Oct 2006 – Oct 2007
Assistant Budget Officer
FUTURE COMMUNICATIONS COMPANY INT'L WLL, KUWAIT Mar 2006 – Oct 2007
Finance Manager
HASSAN ABUL GROUP, KUWAIT Mar 2005 – Feb 2006
Finance Controller
AL MULLA GROUP OF COMPANIES, KUWAIT June 1999 – Feb 2005
Senior Accountant
TAYSEER TRADING COMPANY, KUWAIT Sep 1997 – May
1999
Senior Accountant
S.K. MEHTA & COMPANY, INDIA Jan 1993 – Aug 1997
Chief Accounts Executive
K E Y D E L I V E R A B L E S
Finance Management
• Responsible for managing the entire accounts & finance activities and acting as an analyst to the business in assessing
financial impact of new business initiatives
• Formulating and providing segmental reports, analysis and related metrics to monitor operational and financial
performance for strategic feedback and planning
• Implementing effective costing systems for determining costs at various stages, monitoring various overheads to achieve
optimum cost control while liaising with the Banks, Revenue & Tax Authorities, Corporate Customers and Auditors.
• Finalizing accounts for all group companies and consolidation of group accounts along with formulation of budgets for
material consumption, establishing norms for setting standards for the year and detailed variance analysis.
• Enforcing strong internal control and corporate governance by leading integrity and ethics functions to emphasize
governance as a value-driver.
• Monitoring and managing fund flows for optimum utilization of available funds and interacting with banks. Formulating
forecasts and analyzing variances to determine and implement corrective actions.
Risk Management
• Spearheading efforts to identify, analyze, measure, control and report credit risks thereby displaying a firm commitment
to the highest standards in Risk Control
• Ensuring appropriate credit control on receivables and payables with overall accountability of administering accurate, as
well as on time data capturing in the accounting system and proper payroll system.
• Evaluating internal control systems to highlight the shortcomings & implementing necessary recommendations.
Streamlining existing systems and procedures; reporting important irregularities for follow up action and rectification.
• Assessing the adequacy and effectiveness of the organization’s processes for controlling its activities, achieving its
business objectives and managing its risks; including the potential improvements.
• Designing and implementing systems to ensure complete adherence of all the applicable Rules and Regulations of various
statutes; planning for reducing cash outflows for payments
• Examining & evaluating financial records, management procedures and internal controls to ensure that records are
accurate & controls are adequate to safeguard against fraud / misrepresentations
Operations Management
• Identifying and implementing strategies for building team effectiveness by promoting a spirit of cooperation between
members
• Maintaining appropriate documentation of the internal audits to determine their existence and adequacy, prepared
reports and presented to the Management team
• Developing and discussing findings, recommendations and time lines for implementation of corrective action plans with
responsible officer of operations audited and monitored the implementation status of agreed recommendations
• Structuring annual operational budget and implementing control measures to contain expenses within defined limits.
Leading & guiding an accounting team in the reconciliation of variance report between budget and actual
• Developing plan in completing audit assignments within time budgets & calendar schedules while handling multiple tasks
• Deftly managing treasury function involving optimum utilization of surplus funds in profitable investments to achieve
higher returns; ensuring minimum liquidity position
K E Y A C H I E V E M E N T S
• Instrumental in developing & implementing balanced financial business plan for overall business operations, providing
clear direction on business objectives and translating and prioritizing into business performance measures
• Played a key role on conversion of Islamic Bank, accountable for analyzing the bank performance on monthly basis for the
bank as well department wise in order to evaluate department performance with compare to budget
• Successfully established & implemented the project accounting system for telecom projects
• Implemented cost accounting function and accountable for managing and controlling wood working factory engaged in
manufacturing of wood product and marketing in Kuwait and other Gulf countries
• Played a stellar role in launching a new business (Al Mulla exchange Co.) and hold credential in implementing the payroll
system for the group
• Developed Group MIS module for monthly Management reporting
A C A D E M I C D E T A I L S
• CS – Inter (Company Laws), Institute of Companies Secretaries of India (ICSI), New Delhi, 1995
• ICMA (Cost Management), Indian Institute of Cost & Management Accounts, Kolkata, 1994
• M.Com Accounts & Cost management Mohanlal Sukhadia University, Udaipur, 1994
• B.Com (Accounts & Statistics), Mohanlal Sukhadia University, Udaipur, 1990
Date of Birth: 21st
October, 1968 Languages Known: English and Arabic
Mailing Address: Salmiya, Yusuf al Bader St. #10 Blk 10, Bldg., 48 Kuwait

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Arif Husain_6753 (1)

  • 1. ARIF HUSAIN E-Mail: Ahusain21@gmail.com Phone: +965-97141600 FINANCE MANAGER / FINANCE DIRECTOR / CFO – TELECOM / ICT / RETAIL/MFG. Rich Experience in driving operations across the career with proven success in ensuring optimum results P R O F I L E S U M M A R Y • An accomplished finance management professional with over 22 years of experience in corporate financing, accounting operations, budget management, MIS and financial analysis • Exceptional overall business perspective, rich ability to exceed goals and achieve organizational objective along with tax planning, compliance and management • Proven history of providing valuable financial advice with demonstrated track record of consistently combining financial leadership with sound business practices to ensure improved bottom-line • Key competencies in defining SOP’s and introducing well-defined accounting/costing systems along with internal controls for systematic conduct of business and well developed financial reporting skills & understanding of IFRS and GAAP, • Proven strengths in determining & documenting enterprise wide risk management procedures for an organization, and identifying Key Controls points • Exhibits business process knowledge, possesses a broad based operational perspective and provides solutions for non- insurance related business risk issues • Hands on expertise in overall financial aspects of company strategy including analysis of figures and implementation based on these findings with the most profitable outcomes. • Qualitative expertise in strategic planning, corporate finance and accounting operations, business development and Strategic planning & implementation C O R E C O M P E T E N C I E S Finance Management Financial Analysis Internal Control / IFRS Relationship Management Commercial Operations Audit & Inspection Financial Restructuring Reconciliation Budgeting / Cost Control Resource Management Accounting Operations Risk Management O R G A N I S A T I O N A L S C A N FUTURE COMMUNICATIONS COMPANY GLOBAL KPSC, KUWAIT Since Nov 2007 Finance Manager KUWAIT INTERNATIONAL BANK, KUWAIT Oct 2006 – Oct 2007 Assistant Budget Officer FUTURE COMMUNICATIONS COMPANY INT'L WLL, KUWAIT Mar 2006 – Oct 2007 Finance Manager HASSAN ABUL GROUP, KUWAIT Mar 2005 – Feb 2006 Finance Controller AL MULLA GROUP OF COMPANIES, KUWAIT June 1999 – Feb 2005 Senior Accountant TAYSEER TRADING COMPANY, KUWAIT Sep 1997 – May 1999 Senior Accountant S.K. MEHTA & COMPANY, INDIA Jan 1993 – Aug 1997 Chief Accounts Executive K E Y D E L I V E R A B L E S Finance Management • Responsible for managing the entire accounts & finance activities and acting as an analyst to the business in assessing financial impact of new business initiatives • Formulating and providing segmental reports, analysis and related metrics to monitor operational and financial performance for strategic feedback and planning
  • 2. • Implementing effective costing systems for determining costs at various stages, monitoring various overheads to achieve optimum cost control while liaising with the Banks, Revenue & Tax Authorities, Corporate Customers and Auditors. • Finalizing accounts for all group companies and consolidation of group accounts along with formulation of budgets for material consumption, establishing norms for setting standards for the year and detailed variance analysis. • Enforcing strong internal control and corporate governance by leading integrity and ethics functions to emphasize governance as a value-driver. • Monitoring and managing fund flows for optimum utilization of available funds and interacting with banks. Formulating forecasts and analyzing variances to determine and implement corrective actions. Risk Management • Spearheading efforts to identify, analyze, measure, control and report credit risks thereby displaying a firm commitment to the highest standards in Risk Control • Ensuring appropriate credit control on receivables and payables with overall accountability of administering accurate, as well as on time data capturing in the accounting system and proper payroll system. • Evaluating internal control systems to highlight the shortcomings & implementing necessary recommendations. Streamlining existing systems and procedures; reporting important irregularities for follow up action and rectification. • Assessing the adequacy and effectiveness of the organization’s processes for controlling its activities, achieving its business objectives and managing its risks; including the potential improvements. • Designing and implementing systems to ensure complete adherence of all the applicable Rules and Regulations of various statutes; planning for reducing cash outflows for payments • Examining & evaluating financial records, management procedures and internal controls to ensure that records are accurate & controls are adequate to safeguard against fraud / misrepresentations Operations Management • Identifying and implementing strategies for building team effectiveness by promoting a spirit of cooperation between members • Maintaining appropriate documentation of the internal audits to determine their existence and adequacy, prepared reports and presented to the Management team • Developing and discussing findings, recommendations and time lines for implementation of corrective action plans with responsible officer of operations audited and monitored the implementation status of agreed recommendations • Structuring annual operational budget and implementing control measures to contain expenses within defined limits. Leading & guiding an accounting team in the reconciliation of variance report between budget and actual • Developing plan in completing audit assignments within time budgets & calendar schedules while handling multiple tasks • Deftly managing treasury function involving optimum utilization of surplus funds in profitable investments to achieve higher returns; ensuring minimum liquidity position K E Y A C H I E V E M E N T S • Instrumental in developing & implementing balanced financial business plan for overall business operations, providing clear direction on business objectives and translating and prioritizing into business performance measures • Played a key role on conversion of Islamic Bank, accountable for analyzing the bank performance on monthly basis for the bank as well department wise in order to evaluate department performance with compare to budget • Successfully established & implemented the project accounting system for telecom projects • Implemented cost accounting function and accountable for managing and controlling wood working factory engaged in manufacturing of wood product and marketing in Kuwait and other Gulf countries • Played a stellar role in launching a new business (Al Mulla exchange Co.) and hold credential in implementing the payroll system for the group • Developed Group MIS module for monthly Management reporting A C A D E M I C D E T A I L S • CS – Inter (Company Laws), Institute of Companies Secretaries of India (ICSI), New Delhi, 1995 • ICMA (Cost Management), Indian Institute of Cost & Management Accounts, Kolkata, 1994 • M.Com Accounts & Cost management Mohanlal Sukhadia University, Udaipur, 1994 • B.Com (Accounts & Statistics), Mohanlal Sukhadia University, Udaipur, 1990 Date of Birth: 21st October, 1968 Languages Known: English and Arabic Mailing Address: Salmiya, Yusuf al Bader St. #10 Blk 10, Bldg., 48 Kuwait