Chief Financial Officer (CFO) – FMCG – Dubai

Position: Chief Financial Officer (CFO)

Location:  Dubai,U.A.E

Client: FMCG Distributer

Salary: AED 25K + Benefits

Note: Due to the nature of the business we need  Hindi speakers for this role.

 Responsibilities :

  • Manage a team in various FMCG business units, in locations spread throughout U.A.E
  • Drive the Budgeting & Balanced Scorecard processes development with the business units.
  • Supporting decision-making processes by providing meaningful ad hoc analysis & financial perspective on all commercial decisions.
  • Timely / meaningful monthly, quarterly, annual business & financial (consolidations) reporting plus planning & forecasting
  • Drive effective cash flow management. Focus areas will include: capital efficiency management .
  • Identify financial and business risk areas and leading actions to mitigate these risks. Focus areas will include:
  • Driving internal control standards, procedures, practices across all Business units consistent with both Group as well as Sector financial policies and practices supportive of business needs
  • Ensuring adequate legal review policies of all contracts are in place and functioning
  • Participating in negotiations and reviews of all key contracts before finalization
  • Working with business unit finance teams to support their business; actively mentor and develop the team members.


  • Have outstanding leadership skills coupled with high energy, integrity and passion to manage the team.
  • You will possess good communication skills with the ability to influence at all levels and cultural awareness and business sensitivity will be essential.
  • Bachelor’s degree in Accounting/Finance and a professional accounting qualification i.e. ACCA, CA, CMA, CPA.
  • You will have at least 15 years or more related work experience incl. at least eight years or more at Managerial level
  • Extensive “hands on” experience within a FMCG businesses is a “must”.
  • Emphasis will be on the operational component of the Finance and Sales Function.

9 thoughts on “Chief Financial Officer (CFO) – FMCG – Dubai

  1. Interested.. resume e-mailed

  2. Mujtaba Hasan says:

    Mujtaba Hasan (ICWAI)
    Accounts & Finance Management Professional
    Mobile: +971-50-329 7093 (UAE) E-mail:
    +91-99110-78347 (India)

    Competent and result-proven Accountant with more than a decade solid work experience in Finance Managment and Cost Accounting. Demonstrated strong competencies in directing and duly controlling financial operations encompassing budgeting, costing, forecasting, fund flow management, accounting, book of accounts management, reconciliation, financial report preparation and MIS reporting. Also astute in providing precise estimates and cost accounting for diversified projects including related project planning, price negotiation, procurement, stock control and vendor/supplier relationship. Possesses high analytical aptitude, problem solving capabilities and zest in shaping challenges into concrete achievements. Keenly interested to work in a more challenging work profile within Service Industry, Manufacturing Company or to any progressive enterprise to utilize gained experience, developed expertise and leadership skills.

    + Well – trained & Experienced Accountant + High Competency in Finance Management
    + Strong Orientation in Engineering Industry + Cost Accounting / Estimation Expertise
    + Adept in HR & Administration Management + Budget Planning – Cash Flow Management
    + Excellent Team Spirit & Leadership Skills + Liquidation – Reconciliation – MIS Reporting
    + Product/Vendor/Supplier Sourcing Experience + Adept in Customized Accounting Software
    + High Sense of Commitment + Proactive, Highly driven, Result-oriented


    Cost Accountant, Institute of Cost & Works Accountants of India
    Bachelor of Commerce, University of Delhi,India 1994

    Career Snapshot

    Chief Accountant , Ocean Rubber Factory LLC ,RAK,UAE Jul 2013 – Jul 2016
    Finance & Admin Manager, IMES Consulting Group, UAE (Business consulting firm) Jul 2008 – Mar-13
    Senior Accountant, Olive Decor LLC., UAE Aug 2007 – Jul 2008
    Cost Accountant, Riyadh Furniture Industries, Saudi Arabia May 2005 – Jul 2007
    Cost Accountant, Dutco Construction Company, UAE Feb 2003 – Feb 2005
    Accountant & Cost Accountant, reputed company in India Jan 2000 – Jan 2003

    Proven Expertise

    Accounts , Finance and Administration , Cost Accounting and Management
    • Managing the day to day activities of accounts department and ensuring that all accounting data are correct and accurate.
    • Perform variety of accounting functions including examination, analysis and verification of financial records.
    • Deal with bank related transactions and conduct monthly settlement.
    • Passing all monthly adjustment entries like prepaid,provisions etc for the preparation of MIS. PDC control and ensure that all control accounts are tallied with GL.
    • Classify and maintain balance sheets, financial statements or quarterly reports.
    • Verify the monthly payroll calculation and ensure that the deductions are done properly. Support in the preparation of budget.
    • Finalisation of yearly accounts and liaison with external auditors. Clearing the queries of accounts staff and supervising the department. Ensuring the timely submission of the monthly reports. Verifying all journal entries and payment vouchers.
    • Interacting with other departments for accounts related matters.Verifying petty cash vouchers.
    • Preparation of cash flow. Group and legal compliance
    • Ensure company’s financial stability, optimum profitability and continued business growth; recommend benchmarks for measuring financial and operating performance.
    Mujtaba Hasan

    • Manage financial planning, budgeting and cost analysis.
    • Manage various accounting activities viz. preparation of various reports,accounts receivables,payables and bookkeeping.
    • Successfully standardize and manage the accounting system of the company and maintain uniform accounting policies.
    • Develop forecast for capital budgeting, cost accounting systems and fixed assets ledger.
    • Streamline process and procedures to attain greater efficiency in workflow and deliverables.
    • Submission of UK returns to Companies House & HMRC.
    • Management and development of a team of accountants
    • Dealing with banks , import / export L/C’s , TR,s , accounts payable , accounts receivable, bank reconciliation,
    Cost control , credit control & analysis of reports to advise cash flow, budget and forecast.
    • Prepare estimates use by management for planning purposes.
    • Analyze blueprints or other documentation to prepare time, cost, materials and labor estimates.
    • Assess cost effectiveness of products, projects or services, tracking actual costs relative to budget.
    • Participate in site visit, pre-tender and post tender submission for project progress
    • Manufacturing accounting and costing
    • Generate final comparison statement of different suppliers and subcontract items as per contract documents.
    • Finalize rate analysis of each item, sub contract items and other direct cost with other estimators.
    • Prepare cost statements, product costing and work order costing.
    • Formulate composite overhead rate of similar machine. Calculate machine hour rate.
    • Participate in development of specifications for equipment, products or substitute materials.
    • Negotiate with the subcontractors and suppliers to secure the rock bottom prices even at tender stage.
    • Issue and transact purchase orders. Expedite placement to ensure timely material delivery.
    • Evaluate completeness and accuracy of PO documents and related data like reconciliations and inventories.
    • Handle duties related to vendor relations such as contract management, negotiations, timely deliveries and inventory-cost control. Collect invoices for prompt payment.
    • Integrate information from purchasing and material take off to ensure timely and sufficient material supply.
    • Provide full inventory support and track stock movements simplifying reconciliation.
    • Maintain and periodically update cost records. Set up cost monitoring and reporting systems and procedures.
    • Responsible in preparing cost sheet of all products, stock valuation, monthly report of labor & plant, subcontractors accruals, conversion cost determination, etc.
    • Conduct special studies to develop and establish standard hour, related cost data or to effect cost reduction

    IT Skills

    • Proficient in customized accounting and management system packages: SAP, SAGE ERP , Peachtree, Tally, Baan
    • Well versed in MS Office (Word, Excel, PowerPoint), E-mail & Internet applications

    Personal Details

    Nationality : Indian
    Date of Birth : 18th July 1974
    Marital Status : Married
    Visa Status : Visit Visa
    Driving License : UAE Light Vehicle
    Languages : English, Hindi & Urdu

  3. pankaj jain says:

    unable to post cv on …any othor option

  4. Jamaludeen says:


  5. Faisal Nadeem says:

    CPA, ACCA,
    Dubai. UAE
    Cell # +971507342069
    Availability: Immediate

    CPA and ACCA qualified professional having more than 10 years practical experience in the field of accounts/finance and auditing. I have closely worked on the matters related to IFRS, ISA, corporate law, tax , annual accounts, financial statements, budgeting, banking facilities, financial analysis, business risk, audit risk and operational risks.


    Financial controller March 2014 to September 2016

    Fiore Rosso Group, Dubai

    Fiore Rosso is a well-known retail group in the Middle East dealing with all kinds of outdoor furniture.

    Job responsibilities:

    – Managing overall finance and accounts function of the group and overseeing finance, accounts and internal audit team.
    – Liaison with the banks to obtain, renew, reschedule banking facilities and other routine matters.
    – Prepare financial statements according to international financial reporting standards. (IFRS)
    – Prepare budgets, compare with actual results, prepare variance analysis report and discuss with the management.
    – Analysis of monthly financial statements, projected cash flows and working capital requirements.
    – Prepare different kind of management reports like profitability, break even analysis, project wise profitability analysis and forecasts.
    – Liaison with external auditors of the group for annual audit and assessment of the financial statements in order to ensure their compliance with the requirements of the local laws, regulation and International Financial Reporting Standards.
    – Developing financial management mechanism to minimize financial risk.
    – Identifying the factors and market changes which can affect business performance.
    – Assist board of directors with financial reporting as required at board meetings and give professional advice to support the decision making process.
    – Ensuring that management policies, procedures and internal controls are properly designed implemented and working.

    Senior Auditor March 2008 to February 2014

    Talal Abu Ghazaleh & Co. International, Dubai

    Talal Abu Ghazaleh & Co. International is a renowned auditing and financial consultancy services firm in the Middle East having a clientage in trading, manufacturing, financial and real estate development sectors.

    Job responsibilities:

    – Planning and Development of work methodology and work programs.
    – Conduct statutory, internal and system audits of different clients.
    – Assessment of the financial statements in order to ensure their compliance with the requirements of the local laws, Regulation and International Financial Reporting Standards (IFRS).
    – Ensuring that all work is completed and documented in accordance with our prescribed standards and methodology.
    – Developing the knowledge of junior team members through on the job coaching, sharing best practices, reviewing the work and build up the morale.
    – Prepare audit reports and present to management.
    – Conduct internal audit assignments, study internal control systems, identify weak areas and make recommendations.
    – Preparation of financial and internal controls system manuals for different clients.

    Senior Internal Auditor January 2006 to February 2008
    Mushtaq & Co. Chartered Accountants, Pakistan
    M/S Mushtaq & Company is a practicing firm of Chartered Accountants in Pakistan, during my stay in the firm I have been engaged in various internal and external audit of listed and non listed companies in different sectors.

    Job responsibilities:
    Supervise internal and external audit assignments of different listed and non listed companies in accordance with the accounting & auditing standards.
    Preparation of financial statements in compliance with the financial reporting framework.
    Planning assignments to execute them in effective and efficient manner by assessing systems to evaluate risk involved at business, financial and operational level.
    Conducts special assignments of internal audit to assess the strengths and weaknesses of risk management and internal control system.
    Review and finalize the internal audit reports prepared by audit team and discussed observations with top management of the company and organization which require strengthening of internal controls.
    Carry out special investigations into allegation of fraud, waste, abuse and special matters at the request of management.
    Understanding, evaluating and make recommendations for improvement in accounting and internal control Systems.
    Develops, implements and continually reviews management policies and procedure in order to ensures effective and efficient control exist over company operations.


    CPA September 2009 (Certified Public Accountant, Pakistan)
    ACCA February 2007 (Association of Chartered Certified Accountants, UK)
    B. Com September 2001 (University of Punjab, Pakistan)

    Marital status Date of birth Driving license Nationality Religion
    Married 01-12-1979 UAE Pakistan Islam

  6. Osama says:

    I have more than 20 uears experiance in finance
    Iam in uae tel 0508818046

  7. Yogesh Koshal says:

    Yogesh Koshal
    The Bricks Building, Mankhool Area
    Dubai, United Arab Emirates
    Cell: (UAE) 00-971-50-6478033, India: 0091-9958890707

    Dear Sir,

    I am a finance professional in Corporate Finance and more than a decade of professional experience with a record of major contributions to business and profit growth.

    The scope of my expertise is extensive and includes the full complement of corporate finance, accounting, Merger &Acquisition and Investor Relation, Banking & Treasury (Fund Raising), Tax, Internal controls, Budgeting & Forecasting, Investment Analysis and Reporting & Compliance functions. Equally important are my qualifications in business planning, operations, MIS technology, administration, and general management.

    A business partner to management, I have been effective in working with all departments, linking finance with operations to improve productivity, efficiency, and bottom-line results. Recruited at MIDCOM Group to provide finance and systems technology expertise, I created a solid infrastructure to support corporate growth as the company transitioned from a wholesale-retail distributor to a retail operator.

    Accomplishments include the following:
    o Technology Application: Implemented SAP in 15 entities in a span of 4 years and act as a Significant contributor
    • to ↓ the inefficiency by ~ 2%-3% which lead to ↑ in operating profits from ~2% to 3% by Implementing SAP in 15 entities
    • Automated 98% of processing & reduced overall Accounts Payable, Accounts Receivable, Production Planning, Human resource , Bank Reconciliation process by 40%
    • ↓ the overall time by 95% in generating receivable & Inventory ageing, Product-wise profitability & MIS
    • ↓ the overall time by 95% in Consolidation of financial Statement of 74 companies per IFRS Compliant
    o Debt & Capital raising: Raised, refinanced & reviewed the syndicated loan , Bond Issuance , IPOS & Merger and Acquisition documentation
    • Long term funding from banks Over ~$ 1.35B, Sukuk financing raised from London market of ~ $ 325M
    , project financing, Islamic financing
    • Working capital lines from banks over ~ $ 2.5B
    • BDT 1.5B through an IPO’S
    o Accounting & Consolidation: Responsible for Accounting, consolidation of financial( 74 entities & interacting with the external auditors(Big 4)
    • Improved the disclosure of material transaction in the audited financial statement & the audited report was extended from 18 pages to 82 pages for better disclosures to the stakeholders.
    o Hedging: Hedged the Interest rate & foreign currency exposure over ~ $ 1B which lead to saving in
    • Interest cost by 100-350 basis points and & Forex by ~10%-15%
    o Merger & Acquisition transaction: Key member for restructuring , due diligence & valuation of M & A Transaction
    • Materialized 5 Merger & Acquisition deals for capital restructuring of the organization with Barclays, BNP & HSBC of ~ $ 480M
    o Investment Analysis & MIS
    • Feasibility study & financial modelling of new ventures i.e. setup of Fashion University, polyester Industries, Diaper manufacturing, Windmill, Glass Industries, Ceramics, Telecom & dairy business.
    • Spearheaded leading-edge MIS design and implementation, streamlining systems and procedures (developed 25 SOP) that dramatically enhanced productivity while cutting costs.
    • Implemented, created & analyzed the operating Budget
    o Cash Flow Optimization
    • Secured ~ $ 330M of receivables from Credit insurer
    • Coordinated global repatriation efforts of approximately $1.5B annually from over 160 countries, global cash pools of approximately $500M (gross)
    • Reduced finance cost by $ 21.5M & bank transaction fees by ~50%.
    • Saved ~ $ 4M in supply chain & logistics management
    A “hands-on” manager effective in building teamwork and cultivating strong internal/external relationships, I am flexible and responsive to the quickly changing demands of the business, industry, and marketplace. If you are seeking a proactive finance executive to complement your management team, I would welcome a personal interview. Thank you for your consideration.

    Yogesh Koshal

  8. Muhammad Ihsan says:

    Broadly experienced Accounts, Audit & Finance Professional with over 27 years of work experience including 16 years in UAE and 5 years in Deloitte & Touche Pakistan. Vast exposure in heading the Accounts , Finance and Audit departments with leading listed companies in Gulf and Pakistan.

    Hands on experience in Strategic Financial Management, Financial Planning and analysis, Working Capital Management, Budgeting, Forecasting, Import & Export Decisions, Profit Maximization, Inventory Management & Control, Policy making, Liaising with Banks, Cash Flow Management and Credit Controlling.

    Strongly motivated, enthusiastic and committed team leader with excellent analytical skills, problem solving behaviour. Unique expertise in balancing the concerns for people and concerns for tasks.

  9. Amit Anjikar says:

    Dear Sir,

    I am a CPA (USA) & CA with rank at the all India level having more than 15 years experience of independently heading the finance & accounting function as well as handling costing.

    I have worked with the topmost groups in GCC for five years including FMCG companies. During my gulf endeavor I challenged the status quo & undertook several initiatives for improvement in finance & accounting as well as operations. My routine tasks have also been liaising with bankers for LC’s, Bank guarantees & loans, budgeting, costing, consolidation of accounts, payroll & ensuring compliance with GAAP/ IFRS.
    My achievements & training give me the confidence to lead improvements in a dynamic environment. I have managed multicultural teams comprising multiple nationalities.


    Ø 15th rank at the national level in C.A. foundation exams
    Ø Accounts topper in Nagpur region C.A. Foundation exam
    Ø Scored 92% at the GMAT
    Ø Written articles for newspapers on financial issue

    · *Finance & Accounts*:

    Ø Decentralization of finance & accounting systems involving installation of new software
    Ø Introduction of MIS reports for business segments namely segment wise cash flows & segment wise profitability
    Ø Inter-departmental profitability & segment wise profitability analysis
    Ø Consolidation of accounts
    Ø Strengthened Internal controls by introducing new controls & systematic record keeping & documentation
    *Costing: *

    Ø Designed & installed costing systems
    Ø Initiated costing & variance analysis
    Ø Cost reduction initiatives for improved profitability

    *Procurement & Stores: *

    Ø Introduced perpetual inventory system
    Ø Introduced system of stock levels
    Ø Designed records for site stores & introduced tight control for flow of materials

    *Benefits for Operations department: *

    Ø Introduced transparency regarding processes such as flow of materials
    Ø Improvement in allocation of resources due to improved costing systems &
    variance analysis
    Ø Cost savings due to introduction & tightening of Internal Controls &
    initiation of internal audit systems
    Thanks and Regards

    Amit Anjikar

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