Fyroze Ahmed

Finance & Accounts professional with more than 17 years’ experience of proven ability to handle whole financial & accounting functions of multiple business streams, keeping necessary care for secrecy, confidentiality & loyalty desired by Management from a trustworthy professional. Exceptional managerial leadership and negotiations skills. Strong communication and interpersonal skills with staff, seniors & management.

Built successful F & A team by training & motivating the members effectively to put their MAX efforts to achieve set professional targets.

Working as Finance Manager at Raydan Food Company, Jeddah, KSA. from June ’25 Raydan is a Publicly Listed Company in Tadawul, KSA, having 21 Restaurants across Western Region of KSA renowned for and serving delicious Traditional Arabic Foods and having Catering Contracts

• Significant Achievements:

• • Monitored and ensured timely monthly & Quarterly closure of books of accounts & related activities adhering to the standard accounting principles & policies

• • Ensured Quarterly Completion of Statutory Audit and furnishing of financial results in Tadawul – Saudi Stock Exchange as per the time line.

• • Compilation and presentation of monthly MIS packs to CEO or further Presentation to Board

• • Weekly & Monthly Cash Flow report to CEO with accurate cash flow forecasts

• • Monthly timely furnishing of VAT returns

• • Successful in furnishing reply to ZATCA on Zakat, WHT & VAT assessment additional taxes & penalties levied.

• • Successfully managed the completion of audit & submission of Audited Financials to Management & Govt. Authorities.

• • Preparation & Submission of Three Years Business Performance Reports for Financial Due Diligence Reports needed for Capital Increase

Significant Achievements

• Monitored to ensure timely monthly closure of books of accounts & related activities adhering to the standard accounting principles & policies, verification and presentation of monthly MIS packs to GM GFC & CFO for further Presentation to Board
• Weekly & Monthly Cash Flow report to GM with accurate cash flow forecasts • Monthly timely furnishing of VAT returns
• Successful in furnishing reply to ZATCA on Zakat, WHT & VAT assessment additional taxes & penalties levied. • Successfully managed the completion of audit & submission of Audited Financials to Management & Govt. Authorities.
• Implemented Suppliers payment processing only upon receipt of monthly SOA from suppliers and confirmation of transactions and balance.
• Preparation & Submission of Three- or Five-years Business Forecasts

Worked as Finance Manager in Jumeirah Trading Company Ltd, Dammam, KSA. Sep’2020 – Sep’2021 • Jumeirah Trading Company Ltd., is part of Galadari Group of Companies, UAE engaged in the business of Food & Beverages – Baskin Robbins Ice Creams, Cakes etc,, having business channels of 500+ Ice cream retail Parlor outlets across, KSA and Modern Trade Business with Hypers, Bulk & HORECA Customers.

Significant Achievements

• Monitored to ensure timely monthly closure of books of accounts & related activities adhering to the standard accounting principles & policies, verification and presentation of monthly MIS packs to Group Company at Dubai for further consolidation.
• Weekly Cash Flow report to Dxb HO with accurate cash flow forecasts
• Initiated overdue receivables collections, follow up on collection to bring DSO under set norms.
• Monthly timely furnishing VAT returns • Successful in furnishing reply to ZATCA on Zakat, WHT & VAT assessment queries which saved very substantial amount of additional taxes & penalties levied.
• Successfully managed the completion of audit & submission of Audited Financials to Management & Govt. Authorities.

Chartered Accountant, Institute of Chartered Accountants of India, 1998 BA - Corporate Secretaryship, Mazharul Uloom College, affiliated to Madras University, 1994