Ahmed Kapadia

Experience

• 

  Saudi Cable Company

  Jul 2011 - Dec 2012

  Accountant
• 

  Emaar, The Economic City

  Dec 2012 - Dec 2017

  Managed financial and administrative operations of all operating projects, including accounting, procurement, and human resources functions. Monitored and reported project performance and KPIs to the Executive Management. Performed and lead the annual budgeting and operational planning exercise for all operating projects. Prepared Business plans and feasibility studies for the upcoming projects. Monitored compliance and legal obligations of all effective contracts to avoid consequences and delays. - Drafted and successfully implemented internal policies and procedures for the accounting, procurement, and human resources function for the Education sector, in line with the prevailing statutory regulations and best market practices. - Prepared the feasibilities for 6 operating projects out of which 5 were approved and 3 were already successfully operational and 1 in the development phase during my tenure. - Effective participation in all business development discussions and decision-making. Show less

  • Manager, Planning and Performance Management

    May 2017 - Dec 2017

  • Assistant Manager, Planning and Performance Management

    Feb 2015 - Apr 2017

  • Accounts Manager - Education Sector

    Dec 2012 - Feb 2015
• 

  Xenel Industries Ltd.

  Dec 2017 - now

  Managed all accounting functions and supervised month-end GL closing process, VAT returns submission, Accounts payable and receivable, and annual budgeting exercise. Prepared and presented monthly/quarterly financial performance and KPIs on actual and forecasted performance, determined reasons for deviation from the budget, and commentary to facilitate management decision making. Prepared Annual performance and operating plan presentations for the Board of Directors and Shareholders. Managed liquidity for the company with proper cashflow planning. Supervised and contributed well in external audit exercise by providing client-side information, and reviewed draft audit financials to achieve shared visions and goals.- Trained and evaluated GL team providing support accordingly and maintained a database of SOPs for the effective communication of knowledge and best practices to team members. - Designed and drafted the Limits of Authority Manual for the Holding company and subsidiaries. Also prepared internal policies and procedures for the accounting, procurement, and human resources function, in line with the prevailing statutory regulations and best market practices. Ensured successful implementation through compliance and internal control mechanism.- Developed a pricing mechanism for shared services between subsidiary companies and the head office. Identified additional revenue sources based on the model.- Identified major sources and timing of liquidity needs for the company and communicated findings to the management. This information contributed to major savings in short-term borrowing costs.- Lead the implementation team for VAT accounting in the ERP when the tax was first introduced in Saudi Arabia.- Currently leading the process automation project along with the digital archiving of 44 years of physical data. Show less

  • Financial Controller

    Jan 2022 - now

  • Finance Manager

    Dec 2017 - Jan 2022
• 

  XPERT ACCOUNTECH SERVICES (XATS) PVT LTD

  Jun 2021 - now

  General Manager