Hafis Mohammed Sahib
Chief Financial Officer at Shunya Ekai Technologies- Claim this Profile
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English Full professional proficiency
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Hindi Professional working proficiency
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Malayalam Native or bilingual proficiency
Topline Score
Bio
Credentials
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Introduction to Business Intelligence
Corporate Finance InstituteJan, 2023- Nov, 2024 -
IMA Data Analytics & Visualization Fundamentals Certificate
IMA | Institute of Management AccountantsDec, 2022- Nov, 2024 -
Agile & Scrum 101
IMA | Institute of Management AccountantsMay, 2022- Nov, 2024 -
Blockchain 101
IMA | Institute of Management AccountantsMay, 2022- Nov, 2024 -
Introduction to Cryptocurrency
Corporate Finance Institute® (CFI)Jan, 2022- Nov, 2024 -
Certified Management Accountant
Certified Management Accountant: CMA®Dec, 2021- Nov, 2024 -
Managerial Finance Foundations
LinkedInDec, 2021- Nov, 2024 -
Reid Hoffman and Chris Yeh on Blitzscaling
LinkedInDec, 2021- Nov, 2024 -
Verified International Academic Qualifications
World Education ServicesDec, 2021- Nov, 2024 -
3-Statement Modeling
Corporate Finance InstituteJan, 2021- Nov, 2024 -
Financial Modeling & Valuation Analyst Certification
Corporate Finance Institute® (CFI)
Experience
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Shunya Ekai Technologies
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United Arab Emirates
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Technology, Information and Internet
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1 - 100 Employee
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Chief Financial Officer
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Feb 2022 - Present
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Axeed LLC
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United Arab Emirates
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Investment Management
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1 - 100 Employee
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Head of Finance & Strategy
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Aug 2021 - Feb 2022
I report to the CEO while directing all operations and finances for the group of companies, with full oversight of the Accounting, IT, Construction, and other departments, as well as the managers for each subsidiary. Among my key contributions and achievements, I…★Execute a full range of leadership functions, including strategic planning, financial modeling, budgeting, mergers & acquisitions, investments, risk management strategies, change management, and more.★Onboard, train, and optimize the performance of the Finance and Asset Management teams, which exceed company expectations.★Develop/establish KPIs for each business and regularly update the CEO and other leaders on the performance of the company and subsidiaries.★Develop financial models to create accurate forecasts, control costs, and influence high-level decision-making.★Work hand-in-hand with the CEO to design business strategies, establish pricing systems, choose new systems, plan for expansions, set up new departments, and more.★Review financial reporting systems, accounting processes, and operations to make key changes and drive continuous improvement.★Spearhead rollouts of enterprise resource planning, financial, inventory management, and other systems, including Sage X3, Shopify, and a new budgeting & reporting (MIS) tool, among others. The Shopify implementation has been instrumental in sales increased substantially. I also set up new ERPs for new acquisitions and consolidated all companies under one ERP and HRMS.★Led an accounting team to reconcile all unresolved accounting from 2016 to 2020 within strict deadlines.★Spearheaded the Crypto Investments and management of the same in the company★Found ways to slash costs for subsidiaries by 20% and established a new operational framework for the General Manager.★Was given the mandate by the CEO to orchestrate the exit of shareholders from different subsidiaries and saved the company over $500K. Show less
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Group Asset Manager
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Oct 2020 - Aug 2021
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Group Finance Manager
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Aug 2018 - Oct 2020
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Axeed Consultants
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Financial Services
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Manager
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Jun 2019 - Feb 2022
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Finpro Consultancy
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Oman
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Financial Services
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1 - 100 Employee
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Manager - Business Advisory & Taxation
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2017 - 2018
I led operations for the company’s UAE Branch and made all executive decisions impacting the performance of the group, including business restructuring. As critical parts of my leadership role, I… ★Carefully reviewed and reported operations and financial data, while advising on investments to maximize return on investments (ROI). ★Determined the impact of value-added tax (VAT), recruited/trained the VAT team, audited VAT transactions, and ensured VAT readiness. ★Analyzed business areas and found ways to streamline expenses via strong inventory control processes. ★Drafted, reviewed, and verified legal documents, such as deeds. ★Provided expert training for clients’ staff on tax planning/preparation, accounting best practices, financial management, and more. Show less
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Jazan Interiors & Carpentry , Screw World Hardware Trading
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United Arab Emirates
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Consultant (VAT)
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2017 - 2017
I completed two consultant engagements with different companies: a three-month project for Screw World Hardware Trading and a five-month project with Jazan Interiors & Carpentry. As such, I… Conducted in-depth business analyses of each company and developed business forecasts, utilizing lessons learned to restructure operations and finances to improve the performance of both groups. Implemented ERP systems and inventory management processes to significantly increase resource planning and management capabilities. Streamlined expenses and found ways to minimize costs, strengthening bottom-line results. Assisted with getting VAT ready and analyzed the impact of VAT on each business, while recruiting/training new talent to build effective VAT teams. Show less
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ArRahma Charitable Society & Institutions run by it
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Cochin Area, India
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Finance Manager & Administrator
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2016 - 2017
I assumed full ownership of all financial decisions for the charitable organization, executing select leadership functions with regards to business analysis & forecasting, staffing, cost control, tax compliance, legal document review & verification, and Accounting Department operations, among others. For key contributions, I… ★Successfully crafted, submitted, and secured 12AA registration to fully exempt the society from taxes. ★Played a key role in helping organize/operate medical camps, as well as other charitable and relief initiatives. ★Introduced a new ERP system into the organization. ★Oversaw the operations of the society’s Super Specialty Poly Clinic, Pharmacy, and Clinical Laboratory. ★Advised senior leadership on shaping investment strategies and commercial legal & tax compliance. Show less
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Tarun and Eshita Chartered Accountants
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Cochin Area, India
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Manager
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2015 - 2016
I moved into my first management role and acted as the executive decision-maker for the Branch while providing a full range of accounting services for clients. My work also included… ★Consulting with clients and trained client teams on accounting best practices, business restructuring, tax planning (Service Tax, VAT, etc.), corporate legal & tax compliance, internal controls, and more. ★Showcasing my technical skills and knowledge by selecting and setting up ERP systems for different clients. ★Executing VAT and income tax audits, including validating monthly & quarterly VAT estimates for clients. ★Leading and/or assisting in leading internal and statutory audits. Show less
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Gyanmagnus Associates
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Cochin Area, India
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Staff Accountant
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2012 - 2013
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K N VALSAN AND CO CHARTERED ACCOUNTANTS
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Cochin Area, India
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Article and Audit Assistant
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2008 - 2012
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Education
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Institute of Management Accountants
Certified Management Accountant, Accounting and Business/Management -
Corporate Finance Institute® (CFI)
Financial Modeling & Valuation Analyst, Finance and Financial Management Services -
American University in Dubai
CEPPS, Business/Commerce, General -
ACCA
Chartered Certified Accountant, Accounting and Finance -
The Institute of Chartered Accountants of India
Charterd Accountant, Finance, General -
Jaipur National University
Master of Business Administration - MBA, Finance, General -
Institute of Company Secretaries of India
Company Secretary, Company Secretary -
The Institute of Chartered Accountants of India
Accounting Technician Course, Accounting and Finance -
Mahatma Gandhi University
Bachelor of Commerce (B.Com.), Tax Law/Taxation -
Gregorian Public School
commerce, Business/Commerce, General