Mohammad Faisal

KEY ACHIEVEMENTS: 

• Delivered monthly consolidated financial statements (P&L, Balance Sheet, Cash Flow) with 100% accuracy and on-time submission. 
• Maintained USALI / IFRS (15,16,9) compliance for hotel operations; prepared outlet-level P&Ls for all segments. 
• Achieved Day-2 month-end close and Day-3 reporting, improving decision-making speed for executive committees. 
• Directed annual budgeting and quarterly forecasting (PF1–PF3); implemented rolling forecasts and variance analysis. 
• Conducted profitability analysis, flow-through analysis, break-even analysis, and industry KPI benchmarking (RevPAR, ADR, GOP%, Flow Through). 
• Managed inventory and par stock controls across F&B, OS&E, and kitchen; enforced strict stock-taking and cost verification to reduce wastage and improve margins. 
• Implemented cash flow forecasting for working capital management; secured OpEx and CapEx funding approvals from owners. 
• Ensured UAE VAT compliance and Corporate Tax readiness: calculated accounting profit, allowable/disallowable expenses, deferred tax assets/losses, and maintained compliance with AED 375,000 threshold. 
• Coordinated internal and external audits (statutory, owner, corporate) with zero major findings; delivered audit-ready documentation.
• Expert level understanding of Audit FS classification, TB reconciliation, 3 Statement model, defending with Auditors for transactions processed. 
• Applied IFRS standards (IFRS 16 – Leases, IFRS 15 – Revenue, IFRS 9 – Financial Instruments) across reporting; prepared blueprint for IFRS 17 adoption. 
• Managed related-party reconciliations and transfer pricing across multiple entities. 
• Optimized cost control processes for F&B and operational expenses; implemented recipe costing and yield checks. 
• Oversaw ERP systems (Sun System & Vision, Opera, FMC, Micros, Civil Soft Payroll, Oracle NetSuite) and process in the implementation of UAE e-invoicing compliance. 
• Directed staff hiring, onboarding, and induction for finance teams; delivered training on IFRS, USALI, and internal SOPs. 
• Led and supervised a team of accountants, income auditors, paymasters, general cashiers, cost controllers, purchasing officers, storekeepers, AP/AR clerks ensuring smooth operations and compliance. 
• Reviewed and authorized PRs, POs, and payments (suppliers, reimbursements, settlements) within delegated authority.
• Inter Company cross charges in compliance with tax & transfer pricing standards. 
• Managed, tracked, reviewed Contracts/ Insurance, negotiated for new contracts & insurance 

Finance Manager- Group - (July 2025 to Date) - Key Achievements – Fundamental Hospitality Group

• Delivered accurate financials for all venues (P&L, Balance Sheet, Cash Flow) across multi-brand operations
• Ensured IFRS compliance with strong focus on IFRS 16 (Leases), IFRS 15 (Revenue), IFRS 9 (Financial Instruments); prepared blueprint for IFRS 17 adoption.
• Implemented UAE VAT compliance and Corporate Tax framework: 
  • Calculated accounting profit, allowable/disallowable expenses, deferred tax assets/losses.
  • Maintained compliance with UAE tax threshold of AED 375,000 and aligned financial statements to tax profit requirements.
  • Managed Transfer Pricing and related-party reconciliations across global entities.
• Led E-invoicing implementation in line with UAE regulations, optimized Oracle NetSuite workflows for banking and payment processes.
• Produced monthly budgets, rolling forecasts, and variance analysis with actionable management commentary.
• Strengthened internal controls and SOP adherence; optimized F&B and operational cost structures to improve profitability.
• Oversaw working capital management (AP/AR), ensuring liquidity and efficient fund utilization.
• Directed internal and external audits with zero major findings; delivered audit-ready documentation on time.

• Assistant Financial Controller/ Finance Manager 
• Annual Interim & statutory audit- Mapping TB, FS Classifications
• Annual Budgeting & Quarterly Forecasting PF1, PF2, PF3
• Cash Flow forecast for working capital management & approval from Owners for OpEx & CapEx Funding. 
• Closing deadline of 2nd of every month & reporting financials on 3rd Morning. 
• Comply Vat law, Vat Returns filings & submission. 
• Corporate Income Tax- Net Profit Calculation, Adjustments for allowable & disallowable expenses. Comply to special treatment for Entertainer/Travel/ Charity for private sectors expense, Related Party & transfer pricing etc. 
• Profitability analysis, Break Even Analysis & Margin of safety, Flow Through analysis & Industry KPI analysis.
• Z Score Model to assess the likelihood of a company facing financial distress (Green, Grey & red).
• Use of Descriptive Statistics & Regression model to analyse the Forecasts.
• Related Party Reconciliation, approvals, & Payments on monthly basis. 
• Strictly comply with Inventory policy of the hotel & oversee timely stock taking & costing in areas of the business. Spot Checks during inventory of stores, outlets, kitchen & OS&E.
• Managing projects (Capex), contracts & licenses
• Managing staff, training, performance appraisal & development in finance. 
• Employee SWOT analysis & ongoing feedback strategy. 
• Managing the month end closing processing & verification & approval of Jvs & reports. 
• Demonstrates high level of honesty & integrity.

• IIM Indore- CFO Program
• MBA- ICFAI National College.
• CMA, Australia
• IIT Madras- AI Agentic pursuing
• Financial Modelling & Valuation Analysts) course pursuing candidate- CFI Canada.
• Accounting for Hospitality Managers- Tosogsun Academy. 
• B.COM- Mangalore University.
• Certificate in IFRS (International financial reporting standards) – FTI Global Bangalore.