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FAZAL MOHAMED
Finance Leader
Colombo ,Sri Lanka
Summary
Results-driven Finance Leader with expertise in financial operations, regulatory reporting, FP&A, and treasury management. Delivered operational efficiency and compliance through IFRS reporting and cash flow management. Specialized in strategic financial forecasting and risk management, driving organizational growth and performance through collaboration.
Overview
25
25
years of professional experience
29
29
years of post-secondary education
Work History
Head of Finance & Advisory
JMF Consulting Services
Colombo , SriLanka
01.2023 - Current
- Lead budgeting, forecasting, and variance analysis processes
- Oversee monthly financial reporting in line with IFRS and regulatory standards
- Manage end-to-end finance operations including general ledger, reconciliations, reporting, and treasury
- Strengthen internal controls, audit readiness, and compliance frameworks
- Ensure VAT and tax compliance across multiple client entities
- Support cash flow planning, liquidity management, and banking relationships
- Drive ERP implementation and improve financial system efficiency
- Directed financial strategy for diverse client projects at consulting firm.
- Managed budgeting and forecasting processes, enabling effective resource allocation.
- Led financial reporting efforts, ensuring adherence to regulations and standards.
- Collaborated with cross-functional teams to enhance operational efficiency and performance.
- Mentored junior finance staff in best practices and professional development strategies.
- Conducted regular internal audits of all financial processes to ensure compliance with statutory requirements.
- Collaborated closely with other departments such as HR, IT and operations to ensure alignment between business objectives and financial plans.
- Identified areas for cost savings through targeted process improvement initiatives.
Head of Finance (Finance Manager Level)
Food Studio
Colombo , SriLanka
01.2021 - 01.2023
- Delivered USD 2M working capital improvement through cash flow optimization
- Led financial reporting, budgeting, and forecasting processes
- Directed financial planning and analysis for diverse culinary projects.
- Managed budgeting processes to align with company strategic goals.
- Strengthened internal controls and financial governance frameworks to enhance risk management and compliance.
- Oversaw cash flow management to ensure operational efficiency.
- Implemented cost control measures to enhance profitability in food services.
- Developed and implemented financial strategies that optimized cash flow and supported cost reduction and operational efficiency.
- Implemented effective risk management strategies designed to minimize exposure to liabilities and losses.
- Developed financial policies to support compliance and risk management efforts.
- Monitored tax regulations to ensure compliance with local and federal laws. (VAT, SSCL, corporate tax)
- Provided timely advice on taxation matters such as VAT returns, corporation tax.
- Negotiated terms of payment from suppliers to secure better discounts or favorable payment terms.
- Coordinated audits and ensured regulatory compliance
- Produced detailed reports highlighting key metrics such as ROI, NPV and IRR when evaluating new investments.
- Collaborated closely with other departments such as HR, IT and operations to ensure alignment between business objectives and financial plans.
- Managed daily finance operations including AP, AR, GL, and treasury functions
- Facilitated training workshops on financial best practices for staff development.
- Reorganized finance and accounting departments to improve efficiency and cut excess spending.
- Advised executive team on financial implications of business activities and strategic initiatives, influencing key operational decisions.
- Established connections in communities to explore potential business partnerships. to identify and capitalize on business opportunities.
- Championed the adoption of new technologies and financial systems to streamline processes and improve data accuracy.
- Played a key role in mergers and acquisitions, conducting due diligence and integrating financial systems and processes.
- Coordinated with HR on payroll management and benefit fund allocations, ensuring accuracy and compliance.
Finance Controller
UDC - United Development Company The Pearl Qatar
Doha, Qatar
01.2008 - 01.2021
- Oversaw treasury operations, liquidity planning, and banking relationships
- Managed IFRS financial reporting and financial analysis
- Reduced receivables by 50%, improving cash conversion cycles
- Coordinated budgeting, forecasting, and financial performance monitoring to align with organizational goals
- Enhanced internal controls and streamlined audit coordination processes to ensure compliance and mitigate risks
- Streamlined accounting processes, increasing accuracy and reducing report turnaround times.
- Monitored cash flow projections and adjusted budgets accordingly.
- Negotiated contracts with vendors while ensuring favorable terms are obtained.
- Identified opportunities for process improvement through automation or streamlining.
- Provided timely actuals, forecast and budget data for IT and corporate management.
- Researched industry trends related to finance operations best practices.
- Provided training and support to staff on financial systems and procedures.
Financial Analyst
Dubai Global PharmD - The Dubai Investment Plc
Dubai , United Arab Emirates
01.2006 - 01.2008
- Developed financial models to accurately forecast revenue and expenses, supporting strategic planning.
- Analyzed complex financial data to provide actionable recommendations, influencing management decisions.
- Improved accuracy of financial reports through systematic review processes, ensuring reliable financial insights.
- Compiled detailed financial reports and visual dashboards to enhance data presentation.
- Facilitated effective budgeting and forecasting to enhance financial planning.
- Collaborated with cross-functional teams to ensure budget compliance and accuracy.
- Drafted presentations summarizing key findings from financial analyses.
Chief Accountant
Techno Blue LLC - Samsung Electronics Qatar
Doha, Qatar
01.2005 - 01.2006
- Managed full accounting cycle including financial reporting
- Ensured compliance with internal controls and company policies
- Coordinated internal and external audits to ensure accuracy and compliance with regulations.
- Coordinated audits with external firms to ensure regulatory compliance.
- Analyzed financial data to guide business decisions and resource allocation.
- Trained accounting staff on best practices and software systems usage.
- Implemented ISO change management initiatives to enhance operational efficiency.
- Documented financial transactions Maintained accurate records by inputting data into accounting software. to ensure accuracy. Recorded transactions accurately in accounting software. for accurate bookkeeping. in accounting software to ensure accurate data entry. in Excel and managed inventory to maintain accurate financial records.
Audit Supervisor
KPMG
Colombo Male & Doha, SriLankaMaldives & Qatar
01.2001 - 01.2005
- Led audit teams ensuring compliance with regulatory standards and internal policies.
- Led audit engagements and compliance reviews, ensuring adherence to regulatory standards.
- Evaluated internal controls, recommending improvements that enhanced operational effectiveness.
- Drafted financial statements adhering to IFRS standards in a timely manner.
- Communicated findings to clients, delivering actionable insights for enhanced operational performance.
- Trained junior auditors on best practices and audit methodologies at KPMG.
Education
CA Sri Lanka - Finalist
Institute of Chartered Accountants of SriLanka
Colombo, Srilanka 04.1999 - 04.2026
Artificial Intelligence Mastery Program - Data Science
Coursed
01.2026 - 04.2026
MBA - Business Administration
University of Wolverhampton
Wolverhampton , United Kingdom 04.2019 - 03.2021
BBA - Business Administration And Management
University of Colombo
Colombo, SriLankaSkills
- Compliance
- Reporting
- Controls
- Liquidity
- Financial Operations
- IFRS Reporting
- Budgeting
- Forecasting
- Financial Analysis
- Treasury
- Cash Flow Management
- Capital Adequacy
- Liquidity Monitoring
- VAT
- SSCL
- Tax Compliance
- Audit Coordination
- Regulatory Reporting
- Internal Controls
- Risk Management
- Financial Systems
- Process Improvement
- Stakeholder Reporting
- Business Support
Accomplishments
- Generated USD 2M working capital improvement within 6 months
- Reduced receivables by 50%, improving liquidity and cash flow cycles
- Strengthened financial reporting accuracy and compliance frameworks
- Improved internal controls and governance across finance operations
- Enhanced cash flow planning and treasury management efficiency
- Recognized as Oracle Champion for ERP implementation
- Served as ISO Change Agent at Samsung Electronics
References
Available upon request
Languages
English
Proficient
C2
Tamil
Proficient
C2
Arabic
Intermediate
B1
Timeline
Artificial Intelligence Mastery Program - Data Science
Coursed
01.2026 - 04.2026
Head of Finance & Advisory
JMF Consulting Services
01.2023 - Current
Head of Finance (Finance Manager Level)
Food Studio
01.2021 - 01.2023
MBA - Business Administration
University of Wolverhampton
04.2019 - 03.2021
Finance Controller
UDC - United Development Company The Pearl Qatar
01.2008 - 01.2021
Financial Analyst
Dubai Global PharmD - The Dubai Investment Plc
01.2006 - 01.2008
Chief Accountant
Techno Blue LLC - Samsung Electronics Qatar
01.2005 - 01.2006
Audit Supervisor
KPMG
01.2001 - 01.2005
CA Sri Lanka - Finalist
Institute of Chartered Accountants of SriLanka
04.1999 - 04.2026
BBA - Business Administration And Management
University of Colombo