Faysal Dhedhi
MBA-Finance | Commercial Finance Professional | P&L Management Accounts | AR Specialist
Summary
Business-minded & Commercial Finance Manager with over 12 years of professional experience in media finance, corporate finance, and billing management, where focusing on the core areas of financial analysis and managing the finance department's operations including receivables and payables management, expense and accruals management, performance management and financial reporting management together with presenting monthly reporting pack to stakeholders. Highly collaborative individual with track record of effectively training and coaching staff members. Offering confidence, team contribution and decision making skills.
Overview
14
14
years of professional experience
Work History
Commercial Finance Manager
DialZero (Meta Authorized Reseller In Pakistan)
Karachi
07.2020 - Current
- Monitoring the actual results with the budgeted and forecasted position and perform variance analysis for effective management of future forecasts and performance management, using financial ratios for effective monitoring and decision making
- Monitoring the actual cash flows and identifying the investment opportunities for placements of available funds
- Reviewing the monthly reporting pack prepared by the finance executives and presenting the same to the relevant stakeholders
- Collaborating with business team by providing financial insight and compliant solutions
- Assisting CFO in financial decision-making by providing in-depth analysis and recommendations
- Monthly closing and reconciliations with Facebook team for effective management of payments to Facebook
- Effective monitoring of Facebook payments on a quarterly basis for incentive income calculations and management
- Coordination with the software service provider for effective solutions and financial reporting and decision-making needs including smooth flow of finance operations
- Reviewing the journal entries pertaining to receipts, payments, sales, procurement, cash, receivables, payables, and expenses
- Trade receivables and payables management, along with communication with clients for recovery of outstanding dues for effective cash flow management and operations
- Efficient client servicing in finance, billing and taxation matters and providing effective solutions
- Executed vendor setup and payment, administration of bank accounts and account reconciliations.
- Liaison with external auditors, tax, and legal consultants, for resolving audit, tax, and legal issues on a timely basis.
Manager Media Finance
Starcrest Communications
Karachi
08.2015 - 06.2020
- Provide financial insights to support strategic business decisions and maximize revenue.
- Prepare and present financial reports to senior management, providing insights for decision-making.
- Create accurate and realistic financial forecasts based on market trends and business data.
- Coordinate the preparation of financial statements and reports for internal and external stakeholders.
- Identify opportunities for process improvements within the finance function.
- Stay abreast of industry trends and best practices, incorporating them into financial strategies.
Manager, Media & Corporate Finance
Brainchild Group | Starcom Mediavest Pakistan
Karachi
10.2011 - 07.2014
- Commercial Finance Responsibilities:
- Responsible for fulfil the audit requirements of various clients
- Forecast cash flow positions, related borrowing needs, and available funds for investment in early payment discount by monthly with media vendors
- Manage the monthly payments given to media vendors as per PBA rules & regulation
- Negotiations with vendors on monthly payments and get the maximum early payment discounts from them
- Responsible for recover the Star-com group clients and (sister concerned agencies) Bulk Discounts from media vendors after proper reconciliation
Billing Executive
Group M Pakistan | Mindshare Pakistan
Karachi
08.2009 - 09.2011
- Ensuring that all suppliers' invoices are properly verified as per the format of FBR specially costing
- Identified, researched, and resolved billing variances to maintain system accuracy and currency.
- Generated and submitted invoices based upon established accounts receivable schedules and terms.
- Worked with multiple departments to check proper billing information.
Education
MBA-Finance, M.Phil. Equivalent -
Iqra University
EDC, Main Campus 01.2013 - 2018.05
Bachelor of Commerce (B.Com) - Business, Marketing, Finance & Accounting
University of Karachi
03.2008 - 2010.03
Skills
Revenue Generation
Professional Development
- Risk Management and Data Privacy courses conducted by GroupM
- Various Independence related trainings organised by Group M for billing personnel
- Conducted Presentation Skills Training Course (PSTC) from World Learning Institute.
- Proficient in Microsoft Office applications, particularly MS Word and MS Excel.
Timeline
Commercial Finance Manager
DialZero (Meta Authorized Reseller In Pakistan)
07.2020 - Current
Manager Media Finance
Starcrest Communications
08.2015 - 06.2020
MBA-Finance, M.Phil. Equivalent -
Iqra University
01.2013 - 2018.05
Manager, Media & Corporate Finance
Brainchild Group | Starcom Mediavest Pakistan
10.2011 - 07.2014
Billing Executive
Group M Pakistan | Mindshare Pakistan
08.2009 - 09.2011
Bachelor of Commerce (B.Com) - Business, Marketing, Finance & Accounting
University of Karachi
03.2008 - 2010.03