Mazhar Akbar Ali is a Chartered Accountant with over 10 years of experience in corporate accounting roles. He currently works as the Accounts Manager for Easa Saleh Al Gurg Group in Dubai, where he is responsible for financial reporting, budgeting, cash flow management, and analysis. Prior to this, he held senior accounting positions at Lamprell Energy and Bukhatir Group.

1. MAZHAR AKBAR ALI
Ras Al Khor Industrial Area
P.O. Box 325
Dubai - UAE.
Mob: +97150-2088478
Email: mazhar_52@yahoo.com
SUMMARY
Chartered Accountant with ten years of corporate accounting and management reporting
experience. Profit-focused Accounts Manager who is an expert in cost reduction and budgeting.
Diversified, progressive experience in financial reporting, financial accounting, cash flow
management, financial planning and analysis; known for commitment to high level accuracy using
ethical work standards, as well as strong organizational, analytical and interpersonal skills.
PROFESSIONAL QUALIFICATIONS
 Chartered Accountant from the Institute of Chartered Accountants of India (First Attempt)
 MBA (Finance) from Sikkim Manipal University. (Grade- A)
 Bachelors of Commerce from Calcutta University. (First division)
WORK EXPERIENCE
1. Accounts Manager in Easa Saleh Al Gurg group
Ras Al Khor, Dubai [ November 2013- Till Date]
Easa Saleh Al Gurg Group LLC (ESAG), is a multidivisional conglomerate with 23 companies. The
Group has a range of diverse product and business interests that predominantly include retail,
building and construction, industrial and joint ventures. ESAG has its operations in UAE, Oman,
Saudi Arabia and Qatar. As one of the leading business houses in the U.A.E. ESAG is a regional
partner to over 370 international brands and principals from across the world.
RESPONSIBILITIES HELD
 Financial reporting: Preparation of annual Financial Statement and monthly MIS of the
company.
 Accounts Receivable: Managing all the activities of accounts receivable which includes
customer invoicing, follow-up customers for collection, customer reconciliation and revenue
booking.
 Accounts Payable: Supervising all the activities of accounts payable, i.e. invoice booking,
payments, processing LCs and guarantees, vendor reconciliation and cost booking.
 General Ledger: Making provisions for obsolete inventory and doubtful debts, sub ledger
reconciliation, prepaid cost booking and staff account reconciliation.
 Month- End Accounts Closing: Undertaking all the month-end books closing activities which
include, recognizing revenue on POC method, ensuring all the costs for the month are booked,
making various provisions for costs, bank reconciliation, payroll posting, depreciation booking,
asset capitalization and balance sheet schedule preparation.
 Budget and Forecast: Preparation of annual Budget and quarterly forecast.

2.  Cash Flow management: Bi-weekly actual and projected cash flow statement preparation and
ensuring maintenance of liquidity of the company.
 Financial Analysis: Analyze business operations, trends, costs, revenues, financial commitments
and obligations to project future revenues and expenses and/or provide advice.
 Fixed Assets management: Manage additions, retirement, transfer and write-off of assets and
ensure compliance of group’s fixed assets policies.
 Inventory / FA verification: Supervising yearly physical verification of inventory and fixed
assets.
 Liaise with auditors: Liaising with the internal and external auditors.
 Policy review: Suggest necessary improvements in policies and procedures of the company.
ACHIEVEMENTS
 The financial statements prepared for the year ended 2013 was approved by the auditors with
no audit adjustments.
 Effectively sorted customer issues thereby developing their business.
 Accurately forecasted month-on-month profit and loss and cash flow of the company which
helped the management to take proactive decisions.
2. Senior Accounts Supervisor in Lamprell Energy Ltd.
Jebel Ali Free Zone, Dubai [November 2006- October 2013]
Lamprell is a multinational public limited company listed in London Stock Exchange. Lamprell is a
leading provider of diversified engineering and contracting services to the onshore and offshore oil
& gas and renewable energy industries and since its IPO in 2006 it has established leading market
positions in the construction of shallow-water drilling jackup rigs, liftboats, land rigs and rig
refurbishment. Lamprell is a multi-billion company which employs approximately 10,000 people.
RESPONSIBILITIES HELD
 Financial Reporting: Preparation and Consolidation of Financial Statements of the company
which has its branches operating in UAE, Kuwait, Qatar, Kazakhstan and Saudi Arabia, Iraq and
Russia.
 Corporate Reporting: Developing reports for top management, which include MIS, actual v/s
budget variance report, project-wise revenue and GP, revenue center-wise overhead listing,
staff cost and head count reports, capital expenditure reports and recommendations on cost
control.
 Contract Management: Performing project financial feasibility analysis and credit risk at the
time of bidding for new project.
 Financial Planning: Preparation of annual budgets and quarterly forecasts.
 Cash Flow management: Preparation of Cash Flow Forecast of the company and maintaining
their Actual Cash Flow.
 Accounts payable: Supervise accounts payables and month-end closing activities.
 Balanced Scorecard: Preparation of Balanced Scorecard for all the divisions of the company.
 Audit and compliance: Liaising with the auditors for annual audit and half-yearly review.
 Policy Review: Review of company’s policies and procedures and suggest necessary
improvements.

3.  Income tax planning: Ensuring the tax laws of the branches are complied with and liaising with
the tax consultants for timely filing of the tax returns.
 Internal Control: Monitoring of finance and accounting activities on a day-to-day basis to
ensure adherence to the policies and procedures of the company.
 Labour rate calculation: Undertake calculation of standard labour rate and equipment rate
which is used by projects to absorb labour and equipment cost.
ACHIEVEMENTS
 Increased the frequency of generating the financial reports from quarterly to monthly.
 Reduced the time required for preparing financial reports from 15 working days to only 6
working days after the close of a month.
 Provided various suggestions on overhead cost reductions, some of which were successfully
implemented by the company
3. Senior Accountant in Bukhatir group
Sharjah, UAE [June 2005 – October 2006]
The Bukhatir Group is one of the largest and most diversified business houses in the United Arab
Emirates. Its main interests include Construction, Education, Information Technology, Real Estate,
Shopping & Retail, Sports & Leisure and Services. The geographical domain of the Bukhatir Group
spans over half the world from North America to North Africa, West and South Asia. The group
has an employee base of over 5,000 and its current aggregate annual turnover stands at AED 3
billion approximately.
RESPONSIBILITIES HELD
 Financial Reporting: Preparation of Financial Statements and MIS on a monthly basis.
 Financial Projections: Preparing Budgeted Profit and Loss A/c, Budgeted and Actual Cash Flow,
variance report, cost-benefit analysis report, list of defaulters, customer discrepancy report, etc.
 Accounting Functions: Monitoring day to day accounting operations and reconciliation of
accounts payable, accounts receivable and bank.
 Payroll Management: Managing payroll of the employees.
 Treasury: Coordinating with banks and undertaking Treasury activities
ACHIEVEMENTS
 Substantially reduced the number of complaints from the vendors for non-payment of invoices
on due dates. This is mainly achieved through timely reconciliation of accounts payable.
 Ensured successful implementation of ERP system, i.e. Oracle, in the company.
 Recruited and trained 3 accountants to join the team.
SKILLS
 Good working knowledge of IFRS and IAS.
 Proficient in SAP, ORACLE and EPICOR.
 Expert in MS Excel and MS PowerPoint.
 Proactive, creative and detail oriented.
 Creative team leader and team player.
 Can meet stringiest deadlines.
OTHER INFORMATION
 Date of Birth: July 16, 1981
 UAE Driving license: Yes
 Nationality: Indian