Farzana Dalal

Experience

• 

  Kataria Group of Industries

  Jan 2004 - Aug 2007

  Auditor and Consultant
• 

  Skechers

  Nov 2007 - now

  Heading Finance of AED 1 Billion annual turnover Group which spread across Middle East, Africa and India. Headquartered in Dubai and Subsidiaries across ME, Africa and India.Lead & direct development of Finance Function strategy by consolidating different functional strategies in line with business's strategy to ensure vertical alignment & horizontal integration with other interfacing functional strategies across Group.Monitor Group’s financial performance versus budget so that business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified, & potential areas of cost reduction or performance improvement opportunities are capitalized upon.Acts as a strategic financial partner to CEO & Board on financial positioning, highlighting strategic plans, financial budgeting, cash flow, treasury & policy matters.Supports CEO in development of corporate strategy & participate in decision-making process for new market entries.Monitor overall financial performance to ensure profits are protected & enhanced through awareness of anticipated costs/revenues, excesses/deficits, areas of unsatisfactory performance & potential performance improvement opportunities.Manage group liquidity, minimizing external borrowing & maximizing yield.Negotiating & evaluating overdrafts, loans & various trade finance facilities with bankers.Oversee interest rate forecasting, analysis & related sensitivities.Key AchievementsAppropriately managed additional funding specifically during economic downturn.Minimize cost of borrowing by negotiating interest rate.Participated in business setup for Indian & African Subsidiary.Formulated win plan for new business of fitness center & restaurant.Managing finance function, funding & strategizing sustainable & profitable growth for a business that grown from AED 50M to AED 1B in revenue in last 16 yrs. Growth includes Organic growth along with Geog, Segment & Product line & Services expansion. Show less Heading Finance of AED 1 Billion annual turnover Group which spread across Middle East, Africa and India. Headquartered in Dubai and Subsidiaries across ME, Africa and India.Lead & direct development of Finance Function strategy by consolidating different functional strategies in line with business's strategy to ensure vertical alignment & horizontal integration with other interfacing functional strategies across Group.Monitor Group’s financial performance versus budget so that business is aware of anticipated costs/revenues, areas of unsatisfactory performance are identified, & potential areas of cost reduction or performance improvement opportunities are capitalized upon.Acts as a strategic financial partner to CEO & Board on financial positioning, highlighting strategic plans, financial budgeting, cash flow, treasury & policy matters.Supports CEO in development of corporate strategy & participate in decision-making process for new market entries.Monitor overall financial performance to ensure profits are protected & enhanced through awareness of anticipated costs/revenues, excesses/deficits, areas of unsatisfactory performance & potential performance improvement opportunities.Manage group liquidity, minimizing external borrowing & maximizing yield.Negotiating & evaluating overdrafts, loans & various trade finance facilities with bankers.Oversee interest rate forecasting, analysis & related sensitivities. Show less

  • Finance Director

    Jan 2023 - now

  • Head Of Finance

    Nov 2007 - Dec 2022