SHAIK MOHAMMED RAFIUDDINContact No.: +91 888 699 2075, +91 817 914 1817Email: mdrafi2075@gmail.comBlog: http://mohammedrafi786.blogspot.com/

Looking for senior level career enrichment opportunities in Accounts & Finance Control, Corproate & Project Financing, Audit, Taxation with a frontline organization with IFRS

CAREER SUMMARY

A growth catalyst for finance & commercial aspects of Trading & Contracting industries, offering 13 years of work experience in activities of Finance & Accounts, Corporate & Project Financing, Audit & Taxation while working towards organization excellence

Presently associated with Al Thara Taiba Trading & Contracting Co. LLC as Financial Controller.

An astute MBA (Finance) Professional with innate aptitude for financial management along with the practical experience in the analysis, development and implementation of Strategic Business Plans and Policies to ensure organizational growth

Proficient in consolidation and finalization of accounts within defined time frame; implementing and supervising Accounting, documentation and financial reporting processes as per accounting standards

Possess comprehensive Expertise in formulating and implementing the Accounting Policies/ Procedures, Accounting Standards and Principles, Taxation Principles and Statutory Compliances with ability to relate theory with practice

Collaborative with strong business acumen; effectively articulate & communicate new ideas to seek support; Go Getter and Empathetic.

PROFESSIONAL SKILL SET

Strategies & Financial Planning: Managing investments and finance functions involving determining financial objectives and designing & implementing systems, policies & procedures to facilitate internal financial controls. Contributions in formulating business plans/strategies for maximizing profitability & revenue generation & realize organizational goals. Directing financial management related work for the company in close collaboration with the Managing Directors & other key Senior Leaders of the company. Administering fund management & treasury, financial accounting & controller chip, invoicing & collections, MIS taxations, budgeting & expense control, etc.

Project Financing: Screening new projects and conducting feasibility study to determine the financial viability of new ventures. Financial planning for capital projects, monitoring project cash flow. Developing & maintaining timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP). Developing, implementing, and ensuring compliance with internal financial and accounting policies & procedures. Capturing material & Service expenses under each project header,

Finance & Accounts: Designing and implementing systems & procedures; supervising the preparation of financial statements. Checking data, maintaining and scrutinizing statutory books of accounts viz. journal, ledger, cash / Bank book and subsidiaries in compliance with time & accuracy norms.

Fund Management: Monitoring cash flow, reviewing the cash position and forecast funds required for numerous expenses. Liaising with other financial institutions for smooth implementation & functioning of

Accounts Management Budgeting / Internal Controls

Budgeting / Internal Controls

Client Relationship ManagementClient Relationship Management

IFRS ImplementationIFRS Implementation Insurance & Risk CoverageInsurance & Risk Coverage Internal Audit & Internal ControlInternal Audit & Internal Control

Cost Reduction InitiativesCost Reduction Initiatives Strategic AliancesStrategic Aliances Fund Management / CostingFund Management / Costing

Strategic AlliancesStrategic Alliances Corporate FinancingCorporate Financing TaxationTaxation

Project FinancingProject Financing Audit FacilitationAudit Facilitation MIS / Liaison / ERP ImplementationMIS / Liaison / ERP Implementation

Statutory CompliancesStatutory Compliances Change ManagementChange Management Team Management & MonitoringTeam Management & Monitoring

Insurance & Risk CoveragerInsurance & Risk Coverager Fixed Assets RegisterFixed Assets Register Banking / LC / LG / ODBanking / LC / LG / OD

Core Skills:Core Skills:

various schemes implemented by HO. Managing funds & disbursement of funds, thereby monitoring payments schedules of equipments/fixed assets purchase. Directing efforts towards company cash flow management though mix portfolio of short, medium & long term debt involving public deposits. Handling various acivities involving Banking L/C, Trust Receipt, Over Draft monitoring updating fund arrangements from various bank facilities & internal control of bank limits interest & margin, etc.

Process Management: Mapping client’s requirements & developing, implementing, migrating & transitioning processes in line with the guidelines specified by the client. Creating & implementing workflows to facilitate structured support in all areas and issues. Overseeing process improvement initiatives through system changes, process re-alignment/redefining & efficiency management. Sending reports to top management & maintaining agreed SLA & thereby focusing on maximizing customer experience while optimizing costs.

MIS: Supervising the preparation of MIS reports to provide feedback to top management on financial performance, viz. fund management and ageing analysis. Ensuring that all income/expenses at the end of the month are accounted for properly viz. Adm.Bill, Projects Bills, Revenue and other expenses and provision.

Budgeting/Costing: Formulating budgets and conducting variance analysis to determine difference between projected & actual results and implementing corrective actions. Ensuring optimum liquidity position establishing strategic cost management system for monitoring various overheads and devising product costing techniques.

Taxation/Statutory Compliance: Interfacing with taxation authorities for timely filing of tax returns, income tax assessments & filing of forms & returns, etc. required under various Statutes. Ensuring adherence to companies act and preparation of returns & forms under Companies Act. Regulatory Compliances, payments of taxes..

Internal Auditing: Prepare and execute comprehensive audit plans and detailed internal audit programs after agreeing them with the audit committee.

Conduct in-depth financial, operational, and compliance evaluations and audits in accordance with the International Standards for the Professional Practice of Internal Auditing

Conducts independent and integrated audits in accordance with the Internal Audit Plan including development of appropriate documentation to support audit work performed

Conduct periodic follow-up reviews to assess and report on progress or completion of management’s corrective actions in response to internal audit observations

Conduct investigations of suspected irregular conduct in conjunction with other hospital resources Inform the Audit Committee about any problems, potential problems and other significant

developments Prepare and maintain records necessary to substantiate time and other costs incurred in performing

audits Liaise and maintain professional relationship with external auditors Prepare the draft budget for the department to be approved by the Audit Committee Assist with de development of Internal Audit’s business plan Maintain competency in current industry trends regarding compliance through networking with

other audit leaders outside of the organization Provide constructive and meaningful comments based on audits findings that will help the various

teams to improve performance, reporting,internal controls and compliance with approved policies and procedures at their locations

Performing analytical review of financial statements and evaluation of internal control systems for carrying out Internal/Statutory Audits. Co-ordinating with Statutory Auditors. Tax Auditors (for Indian requirements) & Preparing Schedules and Reports for the same. Discussing their queries and giving suitable replies.

EMPLOYMENT CHRONICLE

Oct`11 – May ‘ 15: Al Thara Taiba Trading , Contracting & Concret Products Co. LLC(3 Yrs.7months) Financial Controller – Cum – Internal Audit Manager

Successfully administering Company’s corporate finance functions & new projects incluing determining financial objectives, devising & execution systems, policies & procedures to facilitate internal financial & process controls.

Distinguished efforts in establishing a factory level costing system with standard costs per unit output as the base indicator.

Key role in assuring that the costing of system capture BOM (bill of material) cost & other variable costs & fixed cost on manufacturing work orders.

Remarkable efforts in establishing and heading complete project functioning involving costing & expenses control systems.

Efficenlty rendered support to the Contracts & Bid Management involving generating historical financial data & current trends in price-movements of factor-inputs to projects & established platform for the company’s proposed department to formulate bids to open tenders for sale of the contracts.

Rendering strategic support to the geographical diversification plans involving structuring of the local entities from business effectiveness & tax efficiency points of view.

Evaluated potential risks & factoring risk mitigation of input cost variability, currency fluctuations & project risk.

Capably oversaw various functions of the company involving:o Capital investment in assets, technology & infrastructure of the company.o Legal & Compliance.o Cash flow & liquidity management like forex requirements at the corporate level & individual project

level. Significantly contributed in formulating & executing strategic cost management systems/techniques for

monitoring various overheads & attaining maximum cost control in high value financial projects. Adeplty negotiating with banks & financial institutions for raising funds & non-fund based facilities to meet

working capital and project requirements & for covering risks involved like:o Bank of Baroda, UAE, HSBC, First Gulf Bank, Rak Bank, Hongkong HSBC, SBI Kolkata India.o The Lakshmi Vilas Bank LTD, Tiruppur,Bank Central Asia (BCA) Kuta Branch, Bank of Maldives, MCB.o The Chang HWA Commercial Bank Ltd., Taiwan Union Bank Of India – New Delhi, o Taiwan Business Bank, Taiwan, P.T Bank Nagara Indonesia, o Bank of Communications Offshore Banking Center Shanghai.o PRC Habib Bank Ltd., The Housing Development Finance Corporation Limited (HDFC).

Internal Audit Planning/Design Responsibilities: Develop an annual audit plan using input from the team and stakeholders to identify priorities

and resource requirements for the year. Annual audit plan to cover all activities (Headquarters and field operations, the County and Branch network) and Subsidiary Companies.

Meet with Trustees, Directors and Managers to discuss needs and propose audits, to build stock holder requirements into department plans.

Ensure plan is developed to meet the Audit Committee’s expectations. Supervise, Coach and develop Audit Staff within team. Schedule and assign audits to team

members, ensuring effective and efficient use of resources. Ensuring Inventory management & Physical Verification of Raw material, Finished Goods &

Scrap in every Quarter period. Pre Audit of all credits notes in line with the Company Policy’s. Ensuring Maintenance of Fixed Asset Register & periodical verification of the same Evaluating and testing controls for all verticals for ensuring effective internal control

environment. Conducting Debtors / Creditors Ledger audit verifying with Debtors / Creditors,. All Bank Transactions / Cash transactions audit and verifying. Liaison with senior management/ Process owners in audit planning and discussing audit findings,

highlighting areas of improvement & ensuring subsequent implementation of the recommendations.

Ensuring pre audit of domestic & overseas transportation/logistic and agency expenses for various services.

Ensuring verification of customer master, sales invoices & applicability of various discounts as per the policy of the company

Ensure quality control of the team’s audit plans on an ongoing basis by reviewing and approving plans as they are developed and communicated to clients.

Ensure annual audit plans have contingency built in, to provide unexpected audits to clients as they may surface.

Report to the Audit Committee at the required intervals on Internal Audit assignments including planned reviews, investigations, risk advisory work and any other ad-hoc activity as required.

Co-ordination with the statutory auditors.

Jul`06 - Sep`11: Petrosol (T) Ltd., Oil & Gas Company, Tanzania (5 Yrs) Finance Manager cum Internal Audit Asst.Manager

Established company’s annual budgets (revenue & capital) as well as conducted variance analysis to determine difference between projected & actual results and executing corrective actions.

Remarkable efforts in strategizing & stablishing strategic cost management systems/techniques for monitoring various overheads & accomplishing maximum cost control in high value financial projects.

Resolved issues pertaining to employees' policies & procedure, performance & personnel department. Formulating & executing systems, procedures & manuals for preparation & maintenance of statutory

books of accounts, profitability & financial statements in compliance with legal requirements. Peformed preparations of financial statements involving Trial Balance, Profit & Loss A/c, Age-Wise

accounts payables & receivables statements & balance sheets. Speaheaded payroll operations for employees and complying salary payments. Formulated & maintained documentation & controls for all payroll related activities & procedures.

Acted as main contact for all payroll related issues. Interfaced with the insurance companies for taking adequate insurance policies for employee as well as

handling gratuity & superannuation related matters. Prepare and execute comprehensive audit plans and detailed internal audit programs after agreeing them

with the audit committee. Conduct in-depth financial, operational, and compliance evaluations and audits in accordance with the

International Standards for the Professional Practice of Internal Auditing Conducts independent and integrated audits in accordance with the Internal Audit Plan including

development of appropriate documentation to support audit work performed Conduct periodic follow-up reviews to assess and report on progress or completion of management’s

corrective actions in response to internal audit observations Conduct investigations of suspected irregular conduct in conjunction with other hospital resources Inform to the Senior Management lever about any problems, potential problems and other significant

developments Prepare and maintain records necessary to substantiate time and other costs incurred in performing

audits Liaise and maintain professional relationship with external auditors Prepare the draft budget for the department to be approved by the Senior Management. Implementation of development of Internal Audit’s business plans Maintain competency in current industry trends regarding compliance through networking with

other audit leaders outside of the organization Provide constructive and meaningful comments based on audits findings that will help the various teams

to improve performance, reporting,internal controls and compliance with approved policies and procedures at their locations

Key role in management in employee payroll complying to the salary payments. Generated & maintained documentation for payroll related activities & procedures while functioning as

the main contact for all payroll related issues. Coordinated & communicated with insurance companies for taking adequate insurance policies for

employees while handling gratuity & superannuation matters.

PREVIOUS EMPLOYMENT

Feb`04-May`06: Royal Saudi Air Defence Forces, Kingdom of Saudi Arabia as Sr. Accountant-Payroll Executive

Mar`03-Feb`04: Kimiya Polymers (P) Ltd. Kadapa , Andhra Pradesh as Accountant

EDUCATION OVERVIEW

2010 MBA (Finance) from ISBM University2006 Diploma in Financial Accounts from Tally Solutions, Bangalore University2003 B.Com. (Banking & Finance) from Andhra University .

TECHNICAL SKILLS

Application : MS OfficeOperating System : Windows 8/ 2013Accounting Applications : Tally (all versions up to 9), Tally Payroll ERP, Sage55, Quick book, AswaqOther : Internet Application

PERSONAL VITAE

Date of Birth: 17th June, 1977Permanent Address: Sree Rama Nagar, Holalagundi - 518346, Kurnool, Andhra PradeshNationality: IndianMarital Status: Married No. of Dependents: 06 Passport No.: Z 2779426Visa Status: CitizenDriving License: DLEAP22139122007Location Preference: India/Gulf Countries/Middle East/African Countries/China