Summary
Overview
Work History
Education
Skills
Software
Languages
Timeline
Generic

Syed Ahmer Abbas

Chief Financial Officer
Lahore ,PB

Summary

Accomplished Chief Financial Officer at Saudi German Hospital Sanaa Yemen, experienced in leveraging financial management and strategic planning to enhance profitability and streamline operations. Demonstrate leadership skills to foster team collaboration and optimized resource allocation, achieving significant cost reductions and revenue growth. Expert in risk management and operational efficiency, whose tenure was characterized by significant advancements in financial oversight and organizational growth.

Overview

25
25
years of professional experience

Work History

Chief Financial Officer

Saudi German Hospital
01.2019 - 05.2024
  • Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
  • Prepared Company Growth strategy for five years.
    Maintaining and enhancing profitability of the hospital.
  • Assists CEO in the development of long and short-range hospital operations plans that may include service demand analyses, resources availability analyses and cost benefit analyses of proposed capital and staff expansions.
  • Assumes lead role in analyzing and exploring means of reducing hospital operating costs and increasing revenues based on knowledge of market trends, financial reports and operating procedures.
  • Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
  • Implemented cost reduction initiatives and process improvements to optimize efficiency and productivity.
  • Initiated back-and-forth communication to negotiate and approve contracts and agreements.

Finance Manager

Saudi German Hospital
12.2014 - 12.2020
  • Negotiated favorable terms with vendors, resulting in significant cost savings for company.
  • Developed comprehensive financial reports for executive decision-making support.
  • Mentored o junior finance staff, fostering professional development and strong team dynamics.
  • Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
  • Streamlined month-end close process, reducing time spent on manual tasks and improving data accuracy.
  • Complied with established internal controls and policies.
  • Supervising Accounts, Revenue, Account Receivable, Payroll and Payable departments

Group Chief Auditor (Aseer , Riyadh & Yemen

Saudi German Hospital
07.2008 - 11.2014
  • Optimized resource allocation by prioritizing audit engagements based on risk assessments and business impact evaluations.
  • Developed comprehensive audit plans, ensuring proper coverage of key business risks and adherence to industry standards.
  • Reduced financial discrepancies by conducting thorough internal audits and identifying areas for improvement.
  • Enhanced audit efficiency by streamlining processes and implementing risk-based audit strategies.
  • Increased auditor productivity through continuous professional development programs and effective performance management.

Chief Auditor

Saudi German Hospital
05.2006 - 07.2008
  • Collaborated with executive leadership to develop strategic initiatives that address identified risks and improve overall business operations.
  • Strengthened internal controls by evaluating effectiveness of existing policies and recommending necessary enhancements.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Completed audit papers by thoroughly documenting audit tests and findings.
  • Identified management control weaknesses and provided value added suggestions for remediation.

Group Audit Manager

Mega Group Of Companies
06.2004 - 04.2006
  • Maintained up-to-date knowledge on accounting standards and best practices to ensure high-quality audit results were delivered consistently.
  • Conducted regular training sessions for audit staff, increasing their knowledge and skillset in field.
  • Strengthened stakeholder confidence with comprehensive risk assessment strategies.
  • Collaborated with management to develop actionable recommendations for improving internal controls and processes.
  • Evaluated effectiveness of internal controls by testing key controls across various business units within organization.

Audit Senior

PricewaterhouseCoopers
08.1999 - 08.2003
  • Conducted thorough financial statement audits for various industries, ensuring accurate reporting and compliance with regulations.
  • Managed multiple concurrent engagements while meeting tight deadlines, demonstrating exceptional time management skills.
  • Developed strong working relationships with clients through trust-building communication tactics and reliable service delivery.
  • Mentored junior associates in audit procedures and techniques, fostering a positive learning environment for professional growth.
  • Employed expertise in auditing, accounting and generally accepted principles to accurately assess records.
  • Led extensive audit programs based upon prior approved audit plans to evaluate management of institutional activities.

Education

ACCA (13/14) - Accounting And Finance

ACCA
UK
04.2001 -

Certified Fraud Examiner - Financial Forensics And Fraud Investigation

Certified Fraud Examiner
USA
04.2001 -

Certified Internal Controls Auditor - Internal Controls

The IIC Professional Certification Program
USA
04.2001 -

Chartered Institute of Internal Auditors - Internal Controls

Chartered Institute of Internal Auditors
CIA UK
04.2001 -

CA Intermediate Passed - Accounting And Business Management

Institute of Chartered Accountants of Pakistan
Karachi, Sindh, Pakistan
04.2001 -

Bachelor of Commerce, Pakistan -

Hailey College of Commerce
Lahore, Punjab, Pakistan
04.2001 -

Skills

Budget Development

Financial Management

Cash Flow Management

Strategic Planning

Risk Management

Operational management

Staff Management

Decision-Making

Contract Negotiation

Team Collaboration

Reporting expertise

Software

WIPRO HIMS

ORACLE E SUITE R 12

Languages

Urdu
Native language
Arabic
Elementary
A2
English
Proficient
C2

Timeline

Chief Financial Officer

Saudi German Hospital
01.2019 - 05.2024

Finance Manager

Saudi German Hospital
12.2014 - 12.2020

Group Chief Auditor (Aseer , Riyadh & Yemen

Saudi German Hospital
07.2008 - 11.2014

Chief Auditor

Saudi German Hospital
05.2006 - 07.2008

Group Audit Manager

Mega Group Of Companies
06.2004 - 04.2006

ACCA (13/14) - Accounting And Finance

ACCA
04.2001 -

Certified Fraud Examiner - Financial Forensics And Fraud Investigation

Certified Fraud Examiner
04.2001 -

Certified Internal Controls Auditor - Internal Controls

The IIC Professional Certification Program
04.2001 -

Chartered Institute of Internal Auditors - Internal Controls

Chartered Institute of Internal Auditors
04.2001 -

CA Intermediate Passed - Accounting And Business Management

Institute of Chartered Accountants of Pakistan
04.2001 -

Bachelor of Commerce, Pakistan -

Hailey College of Commerce
04.2001 -

Audit Senior

PricewaterhouseCoopers
08.1999 - 08.2003

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Syed Ahmer AbbasChief Financial Officer