Hi, I’m Muhammad Zubair Syed, a Financial Controller and Finance Business Partner with 20+ years of turning complex numbers into decisions that protect cash and grow margin across automotive, oil and gas, e-commerce and investment holdings in the UAE.

Biography

Financial Controller and Finance Business Partner based in Dubai. CMA (USA) and MSc Accounting & Finance (UK), with the CPA (USA) exam complete and license pending. I pair IFRS and US GAAP technical depth with commercially grounded decision support that business leaders act on.

Today I lead finance business partnering and controllership for the Hino Trucks and TMHE Forklifts division at Al Futtaim Motors, owning a USD 155M P&L and a USD 272M leasing and rental asset base. In FY2024 we reduced trade working capital by USD 75.3M, and my incentive redesign now saves USD 1.3M a year.

Before that I built the Elabelz.com finance function in 2 months and steered it to a USD 8M+ exit above DCF value. Earlier I spent nearly eight years leading finance at Sap and Kaps Petroleum Services in Abu Dhabi while acting as Group Finance lead for the Chairman’s investment portfolio.

Experience

Al Futtaim Motors
Aug 2021 Current

Finance Business Partner | Hino Trucks & TMHE Forklifts

Controllership lead for the Hino Trucks and TMHE Forklifts division, owning the full Sales, Service and Spares P&L on USD 155M revenue. Reduced trade working capital by USD 75.3M and gross inventory by USD 51.6M in FY2024, then brought collection days down from 180+ to 30 to 60 in FY2025. Redesigned the incentive structure from flat rate to discount tiered for USD 1.3M in annual savings, and designed a bonded warehouse parts hub that saves USD 414K a year in customs duty. Tightened the month-end close from 2 days to 1 while holding reforecasts within 5% of actuals. Awarded the Al Futtaim Values Award 2023 for financial governance and business partnership.
Elabelz.com
Dec 2020 Aug 2021

Finance Manager

Built the finance function of a Middle East fashion e-commerce platform backed by Al Rajhi Group in 2 months, from the chart of accounts through to 13-week rolling cash flow forecasts. Took Odoo ERP with Magento integration live in 3 months, compressing the close to 2 days, and automated PayFort payment clearing to remove 4 days of manual reconciliation per cycle. Led finance through the sale to Miswag.com at USD 8M+, above the USD 7.72M DCF enterprise value, with the Odoo commerce platform I designed valued as a standalone USD 136K line item.
Sap & Kaps Petroleum
Dec 2012 Apr 2020

Finance Manager | Group Finance Lead

Led finance for an Abu Dhabi pipeline maintenance and corrosion protection firm serving the oil and gas sector, while acting as Group Finance lead for the Chairman's investment portfolio. Applied IFRS 15 revenue recognition on Value of Work Complete and Cost at Completion across a multi-million-dollar contract portfolio, and ran an AED 25M bank facility with zero breaches. Cut DSO from 120 to under 90 days and extended supplier terms from 60 to 90 days. Modelled a 51.8% IRR investment case for a 105-unit Masdar City development and co-authored a USD 20.7M fair value on a DIFC hospitality stake.

Education

University of Northampton
2016 2017

MSc Accounting and Finance

Master of Science from the University of Northampton, England, with coursework in financial management, audit, corporate law and strategic management.
Institute of Management Accountants
2017 2018

Certified Management Accountant (CMA), USA

Credential ID 59051. The global management accounting credential covering planning, performance, analytics and strategic financial management.

Skills

Strategic Finance

Financial Planning and Analysis
Strategic Business Partnering
Rolling Reforecasts (3+9, 6+6, 9+3)
Cost Optimization and Profitability
Capex and Investment Appraisal
Valuation and M&A Support

Controllership and Treasury

Working Capital Management
13-Week Cash Flow Forecasting
Treasury and Bank Facility Management
Internal Controls and DoA Governance
IFRS and US GAAP Reporting
VAT and Transfer Pricing Compliance

Systems and Tools

SAP S/4HANA (Material Ledger)
Advanced Excel Financial Modelling
Microsoft Dynamics 365
Odoo ERP
Power BI and Alteryx
SQL

Certificates

Open to finance
leadership roles and advisory conversations.

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