Wasim Akram
Summary
A Dynamic and result driven finance Professional with 8+ years of experience in driving financial strategies, providing actionable insights and financial recommendations. Recently passed CMA Part 2 Feb-25, now pursuing CMA Part 1 Jun-25.
Overview
8
8
years of professional experience
Work History
Finance Controller (Freelance/Consultant)
S.Y.DAN Gen. Trad. & Cont. Co.
11.2024 - Current
- Continued to support the company remotely by preparing monthly management reports and financial statements.
- Provided assistance during month-end closings and other support.
- Ensured timely and accurate reporting while pursuing the CMA qualification full-time.
Finance Controller (Full Time)
S.Y.DAN Gen. Trad. & Cont. Co.
02.2024 - 11.2024
- Developed and managed annual budgets, forecasts, and financial models to support strategic planning.
- Analyzed financial performance and variances to provide actionable insights to senior management.
- Coordinating with banks to minimize the Finance Cost with proper Financing planning.
- Oversaw the preparation and presentation of accurate and timely financial statements, ensuring compliance with accounting standards and regulatory requirements.
- Preparing customized and dynamic reports for business insights and proper decision making for Management.
- Monitored and optimized cash flow, ensuring sufficient liquidity for operational needs while maximizing investment returns.
- Implemented cash management strategies to improve financial stability.
- Managing Collection team and streamline the collections.
- Designed and implemented robust internal control systems to safeguard company assets and prevent financial inaccuracies.
- Conducted regular audits and assessments to identify and address potential risks.
- Designed documentation and approval process to minimize the risk.
- Working with other departments to improve and smoothing workflow.
- Identified and mitigated financial risks through proactive management and strategic decision-making.
- Led and mentored a finance team, fostering a collaborative and high-performance environment.
- Provided training and professional development opportunities to enhance team skills and capabilities.
- Supervising the LC / LG for Govt. Tenders.
- Recruits and hires accounting staff and conducts performance evaluations.
- Implements training for new hires and identifies training opportunities for current staff.
- Oversaw the implementation and maintenance of financial software systems to streamline accounting processes and improve reporting efficiency.
- Developing BI and other required reports inside the ERP with IT.
- Designing automation to increase the efficiency.
Asst. Manager Finance
ANOTAH (Green Wing Company)
08.2023 - 02.2024
- Assisted in the preparation and analysis of monthly, quarterly, and annual financial statements.
- Ensured accuracy and timeliness in financial reporting to support decision-making processes.
- Preparing financial statements, reports, and forecasts for the business to ensure financial stability.
- Drafting budgets, income statements, balance sheets, tax returns, and reports required by regulatory authorities.
- Evaluate the financial performance of the organization and measure returns on investments.
- Supervising month-end and year-end closing.
- Preparing Monthly Financial Reports (YTD MTD QTD P&L) for all the regions and stores.
- Preparing Combined Financial Statements for all the regions and monitoring FCTA.
- Ensures that financial reports comply with generally accepted accounting principles or financial reporting standards.
- Contributed to the development and management of annual budgets and financial forecasts.
- Monitored budgetary performance and provided variance analysis to identify trends and recommend corrective actions.
- Taking responsibility for the planning and execution of financial duties and projects of a company.
- Estimating short and long-term financial objectives by setting performance targets.
- Oversaw the reconciliation of general ledger accounts, ensuring accuracy and completeness.
- Managed accounts payable and receivable processes to maintain financial integrity.
- Manage cash flow by reviewing payments and by verifying documentation and authorizing the disbursement within the terms and perimeters authorized for this position.
- Supported the implementation and maintenance of internal control procedures to safeguard assets and ensure compliance with company policies and regulatory requirements.
- Managing the risks involved in the financial activities of the business.
- Oversaw the system of internal controls over accounting functions to minimize risk.
- Conducted detailed financial analyses to support business operations and strategic planning.
- Provided insights on financial performance, cost control, and profitability to management.
- Assisted in coordinating internal and external audits, preparing necessary documentation, and addressing audit queries to ensure smooth and successful audit outcomes.
- Identifying and implementing process improvements in financial reporting and accounting procedures, enhancing efficiency.
Accounts Supervisor
ANOTAH (Green Wing Company)
03.2022 - 07.2023
- Oversee financial operations, including accounting, AP/AR, payroll, and internal controls, ensuring compliance with GAAP and financial reporting standards.
- Supervise monthly, quarterly, and year-end closing activities and prepare financial statements, including consolidated reports (YTD, MTD, QTD P&L) across regions and stores.
- Analyze financial statements, monitor FCTA, and develop multi-scenario reports to support strategic decision-making.
- Lead the preparation and monitoring of budgets, forecasts, and feasibility studies in coordination with department heads.
- Manage cash flow through daily/monthly tracking, payment verification, and disbursement authorization within set parameters.
- Utilize BI tools to monitor actual vs. budget performance, identify variances, and support cost control.
- Assist external auditors during annual audits and resolve discrepancies, audit findings, and compliance issues.
- Oversee tax compliance, including VAT filing (UAE & Bahrain) and corporate tax coordination (Qatar), ensuring adherence to local and federal regulations.
- Monitor inventory (SOH), item pricing, markups/markdowns, and related financial impacts.
- Review and verify payroll, ensuring accurate processing and timely payment.
- Support invoice collections and proper account allocations in coordination with collector's/franchise managers.
- Analyze cost provisions and implement process improvements to enhance accounting efficiency.
- Negotiate rent reliefs and reductions with malls to optimize financial commitments.
- Lead and supervise accounting staff, including recruitment, training, performance evaluation, and policy implementation to maintain strong financial governance.
Sr. Accountant
ANOTAH (Green Wing Company)
01.2020 - 02.2022
- Managed AP, AR, Fixed Assets, and General Ledger transactions; ensured accurate posting and reconciliation of financial records.
- Maintained daily/monthly cash flow and supported budgeting, forecasting, and variance analysis across departments.
- Prepared monthly and consolidated financial reports (YTD, MTD, QTD P&L) and monitored budget vs. actuals using BI tools.
- Led month-end/year-end closings and supported external audits by resolving discrepancies and ensuring compliance.
- Verified payroll, ensured accurate processing, and coordinated timely disbursements.
- Assisted in invoice collections, maintained current accounts, and generated reports to support management decisions.
Accountant
ANOTAH (Green Wing Company)
08.2017 - 12.2019
- Performed day-to-day accounting functions including journal entries, AP/AR, fixed asset management, and general ledger maintenance.
- Reconciled sub ledgers with the general ledger monthly, resolved discrepancies, and ensured accurate financial records.
- Maintained fixed asset registers, depreciation schedules, and asset location tracking.
- Handled supplier invoice processing, including 3-way matching (invoices, delivery notes, POs), monthly statement reconciliation, and variance resolution.
- Processed vendor payments in line with purchase agreements and prepared cash, petty cash, and bank/wire disbursements.
- Issued customer invoices, coordinated verification, tracked receivables, and ensured timely collections as per contract terms.
- Prepared import costings to support accurate inventory valuation and pricing.
Accounts Payable In-Charge
Sanford Group (Olive Retail Store)
03.2017 - 08.2017
- Managed full-cycle accounts payable for over 100 vendors, including invoice processing, cheque runs, GL coding, and account reconciliations.
- Handled accounts receivable, daily invoicing, cash posting, and general ledger transactions with strong organizational and multitasking skills.
- Oversaw fund movements (local and international) and reported directly to management.
- Resolved AP discrepancies through effective communication with vendors and customers.
Education
M. Com - IFRS and Finance
M.L.S University
01.2024
B. Com - Accounting and Finance
R.V University
01.2016
Higher Secondary - Accountancy and Economics
R.B.S.E
01.2013
Secondary Education - undefined
R.B.S.E
01.2011
Skills
- Financial Planning & Analysis (FP&A)
- Financial Modeling & Variance Analysis
- Management & Financial Reporting
- Cash Flow & Working Capital Management
- Budget Development & Cost Control
- Internal Controls & Risk Mitigation
- GAAP / IFRS Compliance
- Process Improvement & Automation
- Problem Solving
- VAT
Accomplishments
- Develop and implemented automated financial reporting Process with reduction of 25% Process time and accuracy in DATA.
- Led functionality in ERP implementation (ODOO) and customization (Al-Shamel), ensuring alignment with business requirements and process optimization.
- Innovate & Deliver Asset Tracking System (Track Asset of 2 Million US$)
- Achieved a 20% budget efficiency by building a fully functional in-house finance department, transitioning from outsourced bookkeeping.
- Recovered SAR 1M from Bad Debts with no Legal Fee.
- Centralized Finance Dept. for MNC working with Entire GCC.
Languages
English
Arabic
Hindi
Summary
A Dynamic and result driven finance Professional with 8+ years of experience in driving financial strategies, providing actionable insights and financial recommendations. Recently passed CMA Part 2 02/25, now pursuing CMA Part 1 06/25., Financial planning & Analysis (FP&A), Competitive Analysis, Financial modeling, Feasibility studies, Risk assessment, Financial Planning & Analysis (FP&A), Financial Modeling & Variance Analysis, Management & Financial Reporting, Cash Flow & Working Capital Management, Budget Development & Cost Control, Internal Controls & Risk Mitigation, GAAP / IFRS Compliance, Process Improvement & Automation, Problem Solving, VAT
Residency
Kuwait Residency Article 18 Transferable
Personal Information
- Notice Period: Immediate Join
- Date of Birth: 02/13/96
Timeline
Finance Controller (Freelance/Consultant)
S.Y.DAN Gen. Trad. & Cont. Co.
11.2024 - Current
Finance Controller (Full Time)
S.Y.DAN Gen. Trad. & Cont. Co.
02.2024 - 11.2024
Asst. Manager Finance
ANOTAH (Green Wing Company)
08.2023 - 02.2024
Accounts Supervisor
ANOTAH (Green Wing Company)
03.2022 - 07.2023
Sr. Accountant
ANOTAH (Green Wing Company)
01.2020 - 02.2022
Accountant
ANOTAH (Green Wing Company)
08.2017 - 12.2019
Accounts Payable In-Charge
Sanford Group (Olive Retail Store)
03.2017 - 08.2017
B. Com - Accounting and Finance
R.V University
Higher Secondary - Accountancy and Economics
R.B.S.E
Secondary Education - undefined
R.B.S.E
M. Com - IFRS and Finance
M.L.S University
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