Wahab Ahmed

  • 4 Marks Gate Cottages, Whalebone lane North, RM6 5QT London

Finance Manager

Personal Statement

An ambitious finance manager with nine years experience working in industry, highly organised with strong strategic vision to analyse, manage and develop systems and successfully deliver financial reports. Has the ability to work under pressure, meet deadlines, motivate, employ and retain staff to bring about fundamental changes.

Career Objective

To work for a professional organization for its further success and growth by applying my knowledge and experience and as a result achieve personal and professional growth.

Skills

  1. Financial & Management Accounting
  2. Strategic planning , Financial planning , forecasting and budgeting
  3. Accounting , Working capital , treasury and cash flow management
  4. Financial and Variance analysis
  5. Finance and fund raising
  6. Ability to gain an understanding of complex business processes within a short span of time.
  7. Ability to take lead in implementing internal control procedures & processes to improve the operations of the business
  8. Internal audit
  9. Systems Design & Implementation
  10. Strong verbal & written communication Skills
  11. Strong Staff Management/Mentoring & Leadership Skills.

Work History

Work History
Jun 2009 - Present

Finance Manager-Millennium

Millennium Cash and Carry Ltd (London)
Finance Manager- Millennium Cash and Carry Ltd established in 1999, is a family owned business. Reporting directly to the Managing Director of a£ 150M FMCG/Wholesale Business. I currently lead a team of 11 staff, including 2 qualified accountants. Brands we deal with include Coca Cola, Danone, Procter and Gamble, Britvic, AG Barr, Redbull, Nestle, Heineken, Carlsberg, Diageo, GSK.

Responsibilities:
•Responsible for the overall functions of the finance department including financial reporting and control, Budgeting and Forecasting, Cash flow management, banks and project finance
•Responsibility for Management accounts including profit and loss & Balance sheet, Compliance, Risk and supporting commercial decisions
•Responsibility for quarterly VAT returns
•Directing all financial accounting activities pertaining to accounts receivable/payables management, cash management, bank relationships and foreign currency transactions
•Develops and implements accounting policies and procedures
•Provide advice on all financial matters to the management Developing and constructing long-term, strategic business plans
•Responsible for Management, development and motivation of the Accounts and Finance personnel
•Coordinate year end audits and serves as a liaison between the company and auditor Engage in ongoing cost reduction analysis in all areas of the company •Researching other factors that affect organisational performance Monitoring and analysing competitor performance
•Managing organisational borrowing and debt

Achievements:
•Helped the company to expand their turnover threefold from£ 45m to£ 150m •Implemented Budget Process Directly negotiating with banks for securing appropriate credit facilities and financing at optimum rate
•Used hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions
•Arranging new sources of finance for a company's debt facilities
Feb 2009 - Jan 2015

Finance Manager

The City Pavilion(London)
Responsibilities:
•Preparing month end figures, balance sheet reconciliation's, reporting, P&L, revenue and sales reporting, forecasting and ad-hoc analysis
•Monitor cash flow and was the main point of contact for auditors
•Overall control of financial and management accounting and ensuring effective financial controls and reporting procedures were in place.
Jul 2007 - Feb 2009

Assistant Accountant

Premier Resort Hotels(London)
Responsibilities:
•Assisting in Management accounts preparation including balance sheet, P&L and cash flow Accounting for VAT returns
•Credit control-customers via phone/letter/fax & email, negotiating discount for customer in arrears
•Running weekly payroll for hotel business in payroll software Super pay payroll
•Bank reconciliation on a daily basis
•Prepare the payment of supplier invoices according to credit terms using Sage Line 50
•Generating customer invoice's Statement reconciliations
Mar 2004 - Jul 2004

Trainee Auditor

Hyder Bhimji & Co
Responsibilities:
•Performed detailed expenses analysis, Balance Sheet Reconciliations and made schedules that were required
•Worked on various clients including Rajby International Ltd, Ahmed Foods Ltd, Dadex, Liberty Textile Mills
•Assisting with and on audits both in, but primarily out, of the office, using a computerised audit system
•Client record processing
•Producing audit files for review IT Skills_ Accounting Applications: SAGE'50, SAGE 200, QUICKBOOKS, SAGE PAYROLL Applications(Advanced): MS Office Applications(Excel, Word).

Education

Education
Aug 2009

B.Sc Applied Accounting

Oxford Brookes University
Jun 2009

ACCA Member

Kaplan Financial, London
Dec 2005

Certified Accounting Techinician

Kaplan Financial, London

IT SKILLS

Accounting Applications:        SAGE’50, SAGE 200, QUICKBOOKS, SAGE PAYROLL

Applications (Advanced):        MS Office Applications (Excel, Word)