IMRAN NIZAR
Doha
Summary
Dynamic Finance Manager with a proven track record at GROUP DISTRIBUTION COMPANY, excelling in trade finance management and cash flow optimization. Adept at implementing ERP systems and enhancing internal controls, driving efficiency and compliance. Strong analytical skills complemented by effective team leadership, resulting in improved financial reporting accuracy and risk mitigation.
Overview
15
15
years of professional experience
Work History
Finance Manager
GROUP DISTRIBUTION COMPANY
11.2022 - Current
- Company Overview: (Subsidiary of Sharaka Holdings)
- Lead Trade Finance activities including Letters of Credit (LCs), Bank Guarantees, Import Financing, and Supplier Payments.
- Liaise with banks to arrange trade facilities, negotiate favorable terms, and ensure smooth transaction execution.
- Oversee full-cycle accounting operations including budgeting, cash flow forecasting, financial reporting, and compliance with IFRS standards.
- Implement internal controls over procurement, inventory, receivables, and payables to mitigate risks in trade finance transactions.
- Review supplier and customer contracts, focusing on commercial terms, incoterms, payment terms, and risk exposure.
- Manage cash flow planning and financing activities to optimize liquidity and minimize borrowing costs.
- Lead ERP system implementation, optimizing trade finance and accounting modules.
- (Subsidiary of Sharaka Holdings)
Chief Accountant
GROUP DISTRIBUTION COMPANY
09.2020 - 10.2022
- Company Overview: (Subsidiary of Sharaka Holdings)
- Built and mentored a high-performing finance team, driving significant improvements in accuracy and efficiency in financial reporting and analysis.
- Managed preparation and analysis of management reports, financial statements, and cash flow projections.
- Oversaw trade finance documentation, LC openings, and amendments.
- Coordinated with banks for letter of credit settlements and import/export financing.
- Prepared financial statements in accordance with applicable accounting standards, ensuring that both financial statements and management accounts fairly reflected the company's financial performance and position.
- Improved accuracy of cash flow forecasts continuously through detail forecasting, variance analysis, rolling updates, coordination with sales team, Receivable ageing meetings, implementation of customer agreements etc.
- Liaised with the external auditors for the timely completion of the annual audit and tax submissions to the General Tax Authority.
- Developed, implemented and managed credit policies and internal controls to minimize risk and ensure timely collections while maintaining sales momentum.
- (Subsidiary of Sharaka Holdings)
Senior Accountant
GROUP DISTRIBUTION COMPANY
03.2017 - 08.2020
- Company Overview: (Subsidiary of Sharaka Holdings)
- Supported issuance and management of LCs, supplier payments, and trade finance reconciliations.
- Reviewed transactions to ensure accurate record keeping of expenses thereby ensuring proper cost allocation and monitoring and controlling of expenses.
- Performed detailed reconciliations of customer accounts, supplier accounts, bank accounts, and took appropriate actions to resolve discrepancies promptly.
- Managed the sales and receivable function in relation to credit control, taking appropriate actions to ensure timely collections.
- Processed supplier invoices and determined the cost of imported items, and recommended selling prices in alignment with established pricing policies.
- Analyzed inventory and sales patterns to identify slow-moving items, generated inventory aging reports, and forecasted potential out-of-stock conditions to support proactive inventory management.
- Conducted financial analysis as to customer profitability, channel profitability, brand profitability etc. considering all attributable income and expenses.
- (Subsidiary of Sharaka Holdings)
Senior Accountant
AL SAAQEE MINERAL WATER COMPANY
11.2014 - 02.2017
- Handled daily trade finance activities including import documentation and payment coordination.
- Analyzed inventory movements related to imported goods and coordinated with clearing agents and shipping lines.
- Oversaw the daily cash transactions, ensuring efficient cash handling, bank deposits, and minimized risks associated with handling cash through process improvements.
- Improved various modules of the ERP to suit the business transactions and implemented an integrated a special module for home delivery of products with the main ERP.
- Performed daily accounting tasks, including journal entries, bank reconciliations, and general ledger maintenance.
- Supported accounts receivable processes by ensuring timely and accurate.
Senior Executive – Finance & Procurement
DIALOG AXIATA PLC
08.2013 - 04.2014
- Managed supplier negotiations, import procurement documentation, and vendor financing.
- Implemented process improvements in procurement-to-pay cycles enhancing trade operations.
Intern - Financial Analyst
FONTERRA BRANDS LANKA (PVT) LTD
08.2010 - 07.2011
- Assisted in financial analysis of commercial finance department.
Education
B.Sc. - Business Management
University of Sri Jayewardenepura
Sri Lanka07.2015
Passed Finalist -
Chartered Institute of Management Accountants (CIMA UK)
Skills
- Financial Analysis & Reporting
- Budgeting & Forecasting
- Treasury & Cash Flow Management
- Trade Finance Management (LCs, Bank Guarantees, Trust Receipts)
- Procurement & Supplier Financing
- Cost Optimization
- Internal Controls & Compliance
- ERP Systems Implementation (Finance & Trade Modules)
Websites
Additional Information
Former CIMA Lecturer at Achievers Lanka Business School, Member of St. John's Ambulance Service, Former Member - CIMASS Student Society
Languages
- English, Professional Proficiency
- Tamil, Native Proficiency
- Sinhala, Working Proficiency
Timeline
Finance Manager
GROUP DISTRIBUTION COMPANY
11.2022 - Current
Chief Accountant
GROUP DISTRIBUTION COMPANY
09.2020 - 10.2022
Senior Accountant
GROUP DISTRIBUTION COMPANY
03.2017 - 08.2020
Senior Accountant
AL SAAQEE MINERAL WATER COMPANY
11.2014 - 02.2017
Senior Executive – Finance & Procurement
DIALOG AXIATA PLC
08.2013 - 04.2014
Intern - Financial Analyst
FONTERRA BRANDS LANKA (PVT) LTD
08.2010 - 07.2011
B.Sc. - Business Management
University of Sri Jayewardenepura
Passed Finalist -
Chartered Institute of Management Accountants (CIMA UK)
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