Summary
Overview
Work History
Education
Skills
Certification
Timeline
Generic
Riyaz Hussain

Riyaz Hussain

Kuwait

Summary

Chartered Accountant with over 10 years of experience in budgeting, strategic planning, and accounting, with a proven ability to compile and analyze data to provide accurate and timely insights that support business decision making.

Excels at developing long-term financial plans and forecasts, as well as identifying areas for cost savings and process improvement.

Overview

11
11
years of professional experience
2
2
Certificate

Work History

EXECUTIVE ANALYST (ASSISTANT MANAGER) - FINANCIAL PLANNING & ANALYSIS

STC- Kuwait Telecommunication Co.
10.2019 - Current
  • Direct reporting to the Budgeting Director for the continued development of budgeting, financial forecasting, long-range planning and modeling process and procedures
  • Prepares Forecast - Monthly, Quarterly, Yearly including 3+9, 6+6 and 9+3
  • Prepares Annual Budget and 3 Years Business and Project Plans including Balance sheet and Cash Flow
  • Prepare and present financial reports, performance metrics, and key performance indicators to Executive management and other stakeholders i.e Business Units
  • Deep dive analysis for revenue, cash, receivables periodically to identify potential financial risks and opportunities, providing recommendations for cost optimization and revenue enhancement
  • Performs monthly performance analysis on actual results vs Budget for gap analysis and group reporting
  • Ensure accruals, consolidation and intercompany eliminations are reflected under appropriate cost center and account in the balance sheet, income statements, and statements of cash flows to support month-end and year-end close process
  • Played a key role in design solution framework document including strategy for data flow and source of information for incorporate in the smart-view
  • Closely worked with vendor for the implementation and enhancement of the Planning and Budgeting Cloud System (PBCS)
  • Additionally assigned to update and monitor KPI for executive management, Department to identify cause of unexpected variances
  • Specialize in MIS Reporting and Financial Analysis focusing on IFRS 9, 15 and 16.

Senior Associate- Assurance

RSM
09.2014 - 10.2019
  • Conducting Audit engagements in accordance with International Standards on Auditing 'ISA'
  • Finalizing financial statements of corporate clients in accordance with IFRS
  • Collect and analyze data to detect deficient controls, duplicated effort, fraud, or non-compliance with laws, regulations, and management policies
  • Prepare consolidated financial statements with detailed schedules and reconciliations with detailed explanations for all major variances
  • Prepare/ review individual financial statements, related schedules & reconciliations
  • Prepare variance analysis reports, deal with other various management information requests, and provide comprehensive and meaningful management information
  • Prepare detailed reports on Audit findings
  • Inspect account books and accounting systems for efficiency, effectiveness and use of accepted accounting procedures to record transactions
  • Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity
  • Performing substantive audit procedures (Analytical and test of details) to obtain sufficient and appropriate audit evidence as a response of assessed risk to support the audit opinion
  • Conducting external audit, stock audit and quarterly review of many clients across Insurance, Oil and gas, and manufacturing companies
  • Reporting and communicating control deficiencies identified while performing the audit to appropriate level of management
  • Ensure completion of audit files as required by audit standards and in compliance with firm's policy and procedures.

Education

Master of Finance And Accounting -

Mohan Lal Sukhadia University
India
06.2014

Bachelor of Finance And Accounting -

Mohan Lal Sukhadia University
India
06.2011

Skills

  • Strategic Financial Planning and Budgeting
  • Management Reporting
  • Analytical skills
  • Cost Optimization
  • KPI Management
  • Financial Forecasting
  • Smart view
  • Knowledge of ERP
  • Financial Consolidation
  • Experienced with Tableau software
  • Project Management
  • Problem solving skills
  • IFRS
  • MS office

Certification

  • Chartered Accountant, The Institute of Chartered Accountants of India, November 2013
  • Certificate in International Financial Reporting, Association of Chartered Certified Accountants (ACCA), September 2015
  • CFA (Passed Level I)

Timeline

EXECUTIVE ANALYST (ASSISTANT MANAGER) - FINANCIAL PLANNING & ANALYSIS

STC- Kuwait Telecommunication Co.
10.2019 - Current

Senior Associate- Assurance

RSM
09.2014 - 10.2019

Master of Finance And Accounting -

Mohan Lal Sukhadia University

Bachelor of Finance And Accounting -

Mohan Lal Sukhadia University

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Riyaz Hussain