Corporate Strategy Consultant

Mobile: 01624861408
E-mail: saif128@hotmail.com

Linkedin: https://www.linkedin.com/in/md-saiful-i-1b589527/

 Area of expertise:

 ERP Implementation

• QuickBooks online/ Xero/ Wave/ Sage Peachtree and other Cloud-based accounting systems
• Business Process Audit
• Business Process Re-engineering (BPR)
• Cost and Management Audit
• Internal Control Assessment and finding the weaknesses
• Preparing Short-term Business plan
• Preparing Long-term Business Plan based on historical trend and upcoming events
• Construction of Financial Distress Predictive Models using IBM-SPSS Software.
• Financial Feasibility Study for start-ups
• Scenario planning and strategic response
• New Venture Definition and Business Plans
• Construction of Market Specific Financial distress Models
• Project Management

Academic Qualifications:

Master of Business Administration (MBA) in Finance
University of Leicester, UK with First Class, Marks: 72% in 2014

Thesis title “Predictive capability of financial ratio for forecasting of corporate bankruptcy”.

• SC from University of Dhaka in 1990

Professional Qualifications:

• CMI-Level 7 Certificate (Strategic Management and Leadership Program) from Chartered Management Institute, UK in 2017.
• CIMA DIP MA (CIMA Diploma in Management Accounting) from Chartered Institute of Management Accountants, UK in 2016.
• CMA (Certified Management Accountant) from Institute of Certified Management Accountants of Australia in 2007.
• CMA (Part Qualified) from Institute of Cost and Management Accountants of Bangladesh in 1997.

Working Experience

 Name of the Organization: SAM & Associates Ltd, Dhaka, Bangladesh

Company Profile: SAM& Associates is a renownedCost and management consultancy firm in Bangladesh specialized in Business Process Outsourcing (BPO), Digital Transformation, ERP Implementation partnership, Business Advisory services, Taxation consultancy, IT Consultancy.

Designation: Senior Consultant (Corporate Strategy) (November 2019 – Present)

Client Advisory Responsibilities: -

• Business Process Outsourcing (BPO)
• QuickBooks/ XERO/ Sage Peachtree and others cloud-based Accounting system consultancy
• Virtual Working Environment consultancy
• Digital Transformation
• ERP Implementation partnership
• Business Advisory services
• VAT/ Tax consultancy
• Corporate Valuation

Name of the Organization: LSF & Co. Management Consultancy, Dhaka, Bangladesh


Company Profile: LSF & Co. is a leading management consultancy firm in Bangladesh specialized in Business Advisory services, Taxation consultancy, IT Consultancy, Executive Education, Cost and Management Audit.

Designation: Corporate Strategy Specialist (Apparel & Textile Sector) (May 2019 –October 2019)

Business Development Projects:-
Knit Concern Apparel Group, Godnail, Narayongonj (100% export oriented Apparel manufacturer).

Client Advisory Responsibilities: -

• In depth analysis of Production efficiency and identifying raw material (Yarn, GREY Fabric, Dyeing Chemicals, Finished Fabrics, Accessories) waste leakage points.
• Comparative analysis of Production capacity and actual capacity.
• Benchmarking of business processes (Production Process, Operating Process, Logistics Process etc) with the Apparel & Textile industry best practices.
• Advising on necessary measures to bridge the Gaps between the industry standard and existing practices.
• Identifying the manufacturing process and department KPIs.
• Identifying the Manufacturing process wastage points and setting up of accountability measures.

 Name of the Organization:National Investment Corporation, Abu Dhabi, UAE

Company Profile: National Investment Corporation is a semi-government organization owned by a prominent Royal family of Abu Dhabi. The group business interest includes construction, maintenance and operations of Commercial Real Estate, High-end shopping centers, Five-star Hotels, Health clubs.

Designation:Chief Accountant (Aug’2006 to May’2019)

Job Responsibility:                                                                                         

• Managing & supervising of accounting information system.
• Review and analysis of the departmental financial performances & generating & submitting reports.
• Develops financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; developing action plans.
• Monitors financial performance by measuring and analyzing results.
• Review Tax transactions and ensure correct allocation of respective transaction as per tax codes.
• Ensure Tax details reports are in compliance with the Federal Tax Authority (FTA) regulations.
• Maintaining Liaison with banks and financial institutions.
• Supporting and Year-end Audit Program.
• Supporting External Auditors for Interim Audit & also the internal auditors.
• Coordinating with other departments for facilitating cross departmental functions.
• Review supplier contracts to ensure legal and company policy compliance.
• Supervise accountants to prepare internal reports related to Revenue, Expense, Fixed Assets, Payable, Receivables, Payroll, Service contracts.
• Ensure payments and commitments are executed in accordance with payment terms of contracts, authority matrix and company policy.
• Preparation and compilation of yearly budget, monthly and quarterly& mid-year financial forecasts.
• Train team members on Tax regulations, Accounting Standards compliance, MS Dynamics GP (Accounting System) functionality, FRX (Reporting tool) functionality.

Major Achievements:

• Reduced Project cost and optimized project duration by applying project management methodology for Capital Expenditures& Collaborating with Banks for project finance and financial facilities.

• Minimized revenue loss by Introducing Fast on boarding and clearance process for the merchants.
• Successful Implementation of Micro Soft Dynamics 365 (ERP System).
• Served as a key member during ERP System Installation work.
• Implementation of CRM to optimize customer relationship and revenue collection.
• Formulated Departmental Strategies & implemented several cost reduction techniques.
• Reduced Accounts Receivable from AED 100 million to AED 40 million.
• Disbursing & Monitoring Budget for mega projects with approximate value of AED 4 billion.

Name of the Organization: ADCOMGroup Limited, Abu Dhabi, UAE

Company Profile: ADCOM Manufacturing Group is a Government controlled manufacturing facility with business interest in manufacturing of Military equipment including UAV (Unmanned Ariel Vehicles), Small arms, Armored military vehicles, etc.

 Designation:Senior Accountant(February 1998 - July 2006)

Responsibilities and Major Contributions: -

• Implementation of Project /Contract Profitability analysis, Project wise costing & cash flow forecast.
• Supporting External Auditors for completion of year-end and interim Audit programs.
• Set up and administer accounting systems & Design & implemented Computerized accounting system.
• Examine financial records and transactions & Ensured accuracy & compliance to accounting standards.
• Review general ledger, subsidiary ledgers and reconciliations on a monthly basis.
• Ensure monthly management reporting is done within agreed time frame.
• Analyse& prepare financial statements and reports & Compile annual budgets and quarterly forecasts.
• Provided information on financial status by preparing special reports such
as weekly & monthly sales report and monthly operational expenses status.
• Prepared transaction flow chart and documentation procurement process, Leasing Process, Payment Process, Review general ledger, subsidiary ledgers and reconciliations.
• Designed Financial reporting template and introduced new analytical reports as per higher management requirement

Name of the Organization: AMCO Fashions Ltd. (A 100% Export oriented Garments and Apparel Manufacturer) Dhaka, Bangladesh

Designation : Financial Accountant (August 1996 - January 1998)

Responsibilities: -Recording Transactions, Bank Reconciliation, Payment Processing, Staff Payroll processing, Financial Management, Financial Reporting.

 Specialized Computer and Technological Skills:

1) Zendesk, Citrix, Dropbox, Google Drive, SharePoint, and other communication tools.

2) QuickBooks, Microsoft Dynamics 365, XERO, Sage 50cloud Accounting Systems.

3) Uploading mass transactions/ yearly budget in Accounting Systems from MS Excel or CSV files.

Soft Skills: Public Speaking, Leadership, Negotiation, Persuasion

Language: Fluent in Bangla and English