ABDUL MAJEED AKBAR

Experience: WORK EXPERIENCE 03/2022 – Present Strategic Consultant, Juma Al Majid Group Dubai, UAE Spearheaded financial restructuring, policy development, and cost optimization for the manufacturing sector. Implemented Six Sigma and Lean methodologies, significantly streamlining estimation, production, and sales operations. Orchestrated enhancements in corporate ethics and integrated forensic audit techniques to bolster governance. Provided critical financial insights to C-suite and legal teams, ensuring compliance with regulatory standards and mitigating risks. Delivered real-time financial reporting while conducting comprehensive cost impact analyses for ongoing projects. 03/2021 – 03/2022 Manager - Finance & Commercial, Playsmart FZC Sharjah, UAE Revamped financial and costing models, resulting in an 8% improvement in operational efficiency. Championed the establishment of new profit centers, enhancing brand presence across the GCC while optimizing pricing strategies. Streamlined invoicing, logistics, and supplier relations, increasing operational efficiency by 20%. Engineered comprehensive short- and long-term financial strategies to ensure effective management of working capital. 12/2015 – 03/2021 Manager - Finance & Commercial, Al Ghurair Group Dubai, UAE Pioneered the implementation of SAP FICO, standardizing financial processes and enhancing reporting accuracy. Cleared 75% of major receivables ($25M) and successfully reduced Days Sales Outstanding (DSO) from 150 to 75 days. Achieved a 15-20% cost reduction through strategic procurement initiatives and restructuring of logistics. Secured optimized banking facilities, Letters of Credit, and favorable supplier contracts. Ensured compliance with IFRS, VAT/FTA regulations, and conducted comprehensive revisions of taxation policies. 03/2013 – 12/2015 Manager - Costing, Dolphin Manufacturing Ajman, UAE Formulated detailed monthly, quarterly, and annual cost control reports to support strategic decision-making. Reduced machine setup time by 50% using Single-Minute Exchange of Die (SMED) methodologies, increasing production efficiency by 25% through optimized conveyor systems. Conducted thorough cost variance analyses and risk assessments, ensuring optimal profitability for projects. Introduced RFID tagging and GPS tracking systems to enhance inventory control and streamline logistics operations. 01/2010 – 03/2013 Management Accountant, Al Shafar General Contracting Dubai, UAE Managed comprehensive project financing, lease structuring, and investment analysis for large-scale developments. Strengthened banking relationships, significantly enhancing corporate funding flexibility. Improved inventory management and cost control processes, optimizing overall supply chain efficiency. 12/2006 – 01/2010 Internal Auditor, Galadari Brothers Co LLC Dubai, UAE Led comprehensive technical and cost audits across the automotive, media, trading, and hospitality sectors. 01/2001 – 10/2006 Business & Finance Executive, e-MAX Int'l Business Solutions India, India Co-founded the company, directing financial planning, implementing cost controls, and executing business strategy initiatives. 07/1999 – 09/2000 Programmer, Comtech Solutions India, India Developed innovative Java-based financial solutions, gaining early exposure to technology-driven finance management.

Speciality: Chief Financial Officer