Aimen Loan
Finance Manager at SBE Ltd- Claim this Profile
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Bio
Experience
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SBE Ltd
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United Kingdom
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Appliances, Electrical, and Electronics Manufacturing
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100 - 200 Employee
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Finance Manager
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Nov 2014 - Present
Ashford, United Kingdom • Secured approval from the board of directors for a cost reduction project with a potential annual savings of £200,000; liaised with all concerned departments and formulated an action plan to implement the project. • Successfully moved all accounting and payroll services in-house from outsourced providers and delivered annual savings of £120,000. • Revamped audit process which reduced audit duration from 7 months to 3 months; audits were completed with zero errors. • Introduced and… Show more • Secured approval from the board of directors for a cost reduction project with a potential annual savings of £200,000; liaised with all concerned departments and formulated an action plan to implement the project. • Successfully moved all accounting and payroll services in-house from outsourced providers and delivered annual savings of £120,000. • Revamped audit process which reduced audit duration from 7 months to 3 months; audits were completed with zero errors. • Introduced and implemented processes for budgeting and forecasting along with analysis and reporting of current financial situation with reference to approved budgets and forecasts. • Introduced new weekly and monthly statements for clients which reduced receivables over 60 days by 8%. Show less
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The Slice
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Advertising Services
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1 - 100 Employee
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Management Accountant
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Jul 2012 - Oct 2014
Redhill, United Kingdom • Conducted a comprehensive analysis of the VAT file; identified substantial overpayments and reclaimed overpaid VAT, which provided additional funds to the company. • Promoted a culture of robust internal control by developing and implementing strategic recommendations for streamlined business process. • Implemented an improved supplier invoice handling system, which facilitated quicker resolution of queries and reduction in the average debtors’ days. • Reduced the company’s… Show more • Conducted a comprehensive analysis of the VAT file; identified substantial overpayments and reclaimed overpaid VAT, which provided additional funds to the company. • Promoted a culture of robust internal control by developing and implementing strategic recommendations for streamlined business process. • Implemented an improved supplier invoice handling system, which facilitated quicker resolution of queries and reduction in the average debtors’ days. • Reduced the company’s exposure to risky debts by implementing a client capping system to set credit limits based on client profile. • Improved quality of executive decision making by enhancing communication through introducing new reporting formats: weekly comparison reports, weekly yield and profit by supplier, standard profit and loss statements and monthly reconciliation of balance sheets. Show less
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AIS Accountants Limited, Suite 4 , 34a Waterloo Road, London, NW2 7UH
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United Kingdom
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Accounting
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1 - 100 Employee
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Management Accountant
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Nov 2007 - Jul 2012
London, United Kingdom • Provided a full range of management accounting services to clients across diverse sectors including restaurants, construction, fashion, dentistry, sole traders and limited companies with turnovers ranging from £1 million to £20 million. • Made significant contributions by preparing an in-depth 5-year forecast for a business expansion proposal which enabled a client in the hospitality sector to secure a key investment from venture capitalists. • Successfully managed all aspects of… Show more • Provided a full range of management accounting services to clients across diverse sectors including restaurants, construction, fashion, dentistry, sole traders and limited companies with turnovers ranging from £1 million to £20 million. • Made significant contributions by preparing an in-depth 5-year forecast for a business expansion proposal which enabled a client in the hospitality sector to secure a key investment from venture capitalists. • Successfully managed all aspects of financial functions for INC Group, which is a restaurant chain with 18 outlets and annual turnover of £18 million and Levant Group, which is a Lebanese restaurant chain with turnover of £6 million. • Trained and developed skills of the new staff assuring consistent quality and high client service standards, which contributed to improved performance, productivity and client satisfaction. Show less
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Education
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The University of Birmingham
MSc, Accounting & Finance -
Lahore School of Economics
Master of Business Administration - MBA, Business Administration and Management, General -
Aitchison College