Mahir Syed Mustafa
Vancouver,BC
Summary
Finance Manager with a verifiable track record of successful accounting and IFRS application. Extensive experience in streamlining accounting activities, implementing financial standards, and a deep understanding of business operations within the dynamic FMCG and Fast Food industry. A highly skilled, high-performing business professional with over 11 years of experience in applying financial standards, analyzing financial patterns, developing business models, and creating comprehensive budgets and forecasts. Demonstrated expertise in establishing and optimizing Standard Operating Procedures (SOPs). Hands-on experience in startup projects within multicultural environments. Versatile professional adept in financial analysis, audit support, account reconciliations and collections. Proficient in preparing financial statements, monitoring controls and completing closings. Highly detail-oriented, proactive, and diligent. Seasoned with a proven track record in strategic financial planning and budget management. Possess strong skills in financial forecasting, risk analysis, and regulatory compliance. Demonstrated ability to drive process improvements and cost savings while maintaining high standards of financial integrity and control. Committed to delivering impactful results through collaborative leadership and cross-functional team engagement.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Finance Manager
Gulf Brand Fast Food - Popeyes International
04.2022 - 08.2024
- Started as Assistant Finance Manager and was promoted to Finance Manager in 2 years
- Done successfully major turnouts in company resulting in the growth of the company within GCC
- Construct and effectively execute forecasts of cash requirements for operations in multiple nations, as well as monitor the inflows and outflows of working capital used to expand and acquire significant CAPEX in accordance with company Treasury requirements
- Achieved accurate yearly budget alignment with actual performance by effectively communicating and coordinating across departments
- Implementation of Inventory management and operation control in warehouses and retail outlets to prevent unethical conduct
- Successfully developed comprehensive 10-year business plans and conducted thorough feasibility analyses, leading to informed decisions on new market penetration
- Successfully expanded the finance team from 2 to 7 members, mentoring new hires, fostering a healthy and productive environment, and resolving team challenges, contributing to overall business growth
- Implemented key operational policies, including a petty cash reimbursement system, an attendance reporting protocol, and an accounts payable procedure, resulting in enhanced cash management, improved accuracy in labor cost reporting, and more efficient business operations
- Successfully coordinated with external auditors on a quarterly basis, ensuring smooth audits and adherence to regulatory standards
Senior Accountant
Dukan Retailing Company
08.2015 - 04.2022
- Company Overview: European-run, Saudi-owned retail chain
- Recruited as a payables accountant and promoted to Senior Accountant at a European-run, Saudi-owned retail chain, overseeing payroll, payments, reconciliations, and financial statement preparation
- Achieved 100% vendor reconciliation, successfully identifying and mitigating potential discrepancies between vendor balances
- Achieved successful conversion of company books from SOCPA to IFRS, ensuring full compliance with international accounting standards
- Effectively handled multiple month-end tasks to close the GL, including provisions and accruals, prepayments and amortizations, fixed asset management, inter-region reconciliation, and accurate accrual recording
- Assisted in setting up the IFRS 16 module in Microsoft Dynamics, maintained lease asset records, and ensured correct calculation and posting of lease depreciation and interest
- Successfully implemented the IFRS 16 module from scratch to finalization within Microsoft Dynamics, working collaboratively with IT to achieve seamless integration
- European-run, Saudi-owned retail chain
Accountant
Acadox, IT Interactive Software
05.2013 - 05.2015
- Company Overview: Software development startup
- Hired by a software development startup to establish a fully functioning accounting department
- Ensured financials were prepared according to standards, achieving unqualified audit reports, and handled various legal matters for the company
- Established and built the accounting and finance department from the ground up, implementing a comprehensive accounting system to streamline financial operations and ensure accurate and efficient financial management within the company
- Oversaw the annual audit process with Ernst & Young (EY), effectively coordinating all necessary documentation and responses
- Successfully facilitated the audit, leading to the receipt of unqualified reports, which confirmed the accuracy and compliance of the company's financial statements
- Maintained and monitored the yearly company budget, ensuring no extra costs were incurred
- Prepared financial statements, including Profit & Loss, balance sheet, and cash flows
- Actively participated in investor meetings, effectively addressing queries about the company's financials and future position
- Software development startup
Education
Association of chartered certified accountant - Finalist
ACCA
01.2015
Bachelors of Science - Applied Accounting
Oxford Brooked University
01.2014
Certified Accounting Technician -
ACCA
01.2014
Skills
- MIS Reporting
- Financial Modeling
- Performance Analysis
- Strategic Planning
- Business Forecasting
- Budget Forecasting
- Financial Management
- Performance Reviews
- Workflow Coordination
- Internal Controls
- Financial Budgeting
- Cash Flow Management
- Financial Analysis
- Departmental oversight
- KPI Development
- Variance Analysis
- Skilled in SAP
- Skilled in Microsoft Dynamics
- Skilled in Excel
Professional Development
- Acquired training from Ernst & Young, on changes in the IFRS., 2015
- Acquired training on VAT from Ernst & Young., 2017
- Acquired training on IFRS 15 from CA Sri Lanka (CASL)., 2019
- Acquired training on IFRS 16 from CA Sri Lanka (CASL)., 2017
- Attended & completed Omnipreneurship workshop held by Al-Dabbagh group., 2017
- Acquired Training on Leadership development & team building from CA Sri Lanka (CASL)., 2016
Languages
English
Full Professional
Arabic
Professional
Urd
Native/ Bilingual
Accomplishments
- Popeye's Employee of the year Award 2023
- Certificate of Participation in Team building exercise 2024
- Led my team to winning scavenger hunt event organized by HR 2023
Certification
- Acquired training from Ernst & Young, on changes in the IFRS. 2015
- Acquired training on VAT from Ernst & Young, 2017
- Acquired training on IFRS 15 from CA Sri Lanka (CASL) 2019
- Acquired training on IFRS 16 from CA Sri Lanka (CASL) 2017
- Attended & completed Omnipreneurship workshop held by Al-Dabbagh group. 2017
- Acquired Training on Leadership development & team building from CA Sri Lanka (CASL)
2016
Affiliations
- Scuba Diving
- Soccer
- Fitness (Gym workout)
- Gaming
References
References available upon request.
Timeline
Finance Manager
Gulf Brand Fast Food - Popeyes International
04.2022 - 08.2024
Senior Accountant
Dukan Retailing Company
08.2015 - 04.2022
Accountant
Acadox, IT Interactive Software
05.2013 - 05.2015
- Acquired training from Ernst & Young, on changes in the IFRS. 2015
- Acquired training on VAT from Ernst & Young, 2017
- Acquired training on IFRS 15 from CA Sri Lanka (CASL) 2019
- Acquired training on IFRS 16 from CA Sri Lanka (CASL) 2017
- Attended & completed Omnipreneurship workshop held by Al-Dabbagh group. 2017
- Acquired Training on Leadership development & team building from CA Sri Lanka (CASL)
2016
Association of chartered certified accountant - Finalist
ACCA
Bachelors of Science - Applied Accounting
Oxford Brooked University
Certified Accounting Technician -
ACCA
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