Mushtaq Ali

Finance Director/Finance Manager with 30 years of experience in Finance, Accounts and Management. 

1. Finance Director Affiniax Partners 07/2019 - Present, Dubai, UAE Achievements/Tasks Managed and monitored the consolidated reports from all operating divisions on weekly P&L flash estimates, month-end financials, quarterly forecasts and identified budget to actual variances. Designed and implemented new systems to drive efficiencies in scheduling, invoicing, and reporting; increased operating margin from 15% to 28%. Supervising the audit procedures and ensuring satisfactory completion of the audit by leading a team of 3 subordinates (1 senior accountant and 2 junior accountants). Managed and handled annual turnover of approximately AED 10 million by monthly, quarterly, and annual financial reports by Management Information System (MIS).
2. Finance Manager EMA Saxena Auditors 07/1996 - 06/2018, Dubai, UAE Achievements/Tasks Managed a 5-person FP&A team responsible for monitoring the banking activities, cash flow on a regular basis, monthly management reporting and variance analysis, pricing administration, policy and process. Led negotiations with business partners to develop financial forecasts based on short & long-term vision and strategic plans and Identified the weakness and recommending steps to be taken to improve the performance and profitability of the Company. Finalized the monthly payroll of approximately 70 employees and computed the final settlement payable as the end of service benefits to the employees as per the UAE Labor Law.

Advance Diploma in Finance and Management from Bombay Universiy Maharashtra.