Fareed Ahmed Lakha Mobile:

+971562321505
Finance Management Professional Mobile: +
923332166091
Linked ID: www.linkedin.com/in/fareedahmedlakha e-mail:
fardanfareed@gmail.com

SUMMARY & OBJECTIVE

Senior Finance & Accounting specialist with more than 25 years of working experience with a
proven track record of financial management and team leadership. Extensive work
experience gained in the shipping, logistics and freight forwarding industry. Interested in a
challenging position in finance & accounting in a logistics service provider or other industry.

CORE COMPETENCIES
My core strengths include, Financial Audits, VAT/Tax Audits, Budget, Profit Centre
Management, Principal Accounting, Tender Feasibility Studies, Managing Payable/Receivable
Ageing, Cost Controlling, month end closing and Reporting, Team Lead (15+ staff).

CAREER HISTORY
Role Company Time frame
Manager Accounts ZAMZAM Publishing Dec-17 - Present
CMD Accountant United Arab Shipping Company Mar-14 to Oct-17
Assistant Manager Accounts Gulf Agency Company Jan-12 to Mar-14
Team Leader Accounts Gulf Agency Company Jan-08 to Dec-11
Senior Accountant Gulf Agency Company Jan-07 to Dec-07
Accountant Gulf Agency Company Jul-00 to Dec-06
Assistant Accountant Gulf Agency Company Nov-95 to Jun-00
Assistant Accountant Golden Shipping Lines Mar-92 to Nov-95

KEY ACHIEVEMENTS
 In 2015 I have received an appreciation letter & reward from UASC management on achieving 5/5 KPI. The
main task was to report Container Repositioning Cost within given time with accuracy, area wise macro
analysis, monitoring and managing the receivable ageing
 By analysing & identifying the gaps within the standard working process in 2015, I resolved approx. 98% of
stale receivables over 91+ days past due & recovered around $2.8M prior years CMD Receivables. Created
& implemented a new standard working procedure for Receivables to maintain achieved standard/outcome.
 As Key Member of the project team I have successfully implemented a new corporate strategic management
system to establish & enforce proper accounting methods, policies and principles. This included the creation
of KPIs with project team & department heads to monitor performance on a monthly and yearly basis.
 Twice won ‘Employee of the Year’ award within GAC

MOST RECENT PROFESSIONAL EXPERIENCE

ZAMZAM PUBLISHING is the first and largest Accountancy Resources Provider in the Middle East. Founded in 2004,
Zamzam Publishing has been branded as reputed and trusted financial resource provider in the Middle East and
South Asia Region.
Manager Accounts Dec, 2017 – Present
 Operating as the lead point of contact for all Finance and Accounts matters
 Reporting Monthly, Quarterly & Annual Financial Statement
 Revenue & Expenditure variance analysis
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Fareed Ahmed Lakha Mobile:
+971562321505
Finance Management Professional Mobile: +
923332166091
Linked ID: www.linkedin.com/in/fareedahmedlakha e-mail:
fardanfareed@gmail.com

 Preparation and monitoring of Budget and Forecast

 Implement & maintained internal control system.
 Reporting to Directors on routine and ad-hoc basis

United Arab Shipping Company S.A.G., Dubai, U.A.E.

UASC is a global shipping company with more than 185 offices around the world. The company is the largest
container shipping line in the Middle East region covering over 275 ports & destinations worldwide offering
containerized cargo transportation, temperature controlled (reefer) & out of gauge cargo.
Head of CMD Cost and Receivables (CMD Accountant) Mar, 2014 – Oct, 2017
 Reported directly to the VP Container Management and lead CMD Cost Team
 Managed a yearly global CMD receivables billing of $25M
 Consolidated and reported “Empty Cost for MMR” with a Budget and Forecast spending of $300M
 Giving input about Cost Analysis & Inbalances to management team to improve planning strategy for CMD
 Giving input about Trade Performance Analysis (20 trades globally) to the management team.
 Supported tender management team in gathering tender bids, consolidation and submission.
 Monthly report submission to management on “Savings on New Tender” and “Repositioning Cost”

Gulf Agency Company

Assistant Manager Accounts Jan 2012 – Mar 2014
Team Leader Accounts Jan 2008 – Dec 2011
 Reported to General Manager (Finance)
 Lead a team of 15 staff (including disbursement, payables, receivables, treasury and tax)
 Acted as a single point of contact for Financial and Tax Audit for all 4 group companies
 Played a key role to establish & enforce proper accounting methods, policies & principles.
 Analysed monthly budget PKR300 (M) vs actual P&L variance & identify associated risks & opportunities.
 Developed complex finance models, performed pricing, competitor analysis & assessed the financial
implications of existing ventures.
 Formulated financial strategies, budgeting, performed business forecasting, monitored performance &
efficiency of financial models.
 Liaised with and analysed profitability of profit centres (Shipping, Freight Forwarding, Transportation, Depot
Services) across the country.
 Identified deviations from established KPI's & established action plans to take corrective actions.
 Supervised in finalisation of management accounts before submitting to auditors.
 Handled bank transactions, reconciliations and oversaw receivables and payables.
 Supervised the inter-company reconciliation and principal accounts

EDUCATION

Bachelor of Commerce, University of Karachi, Pakistan - 1994

OTHER RELEVANT CREDENTIALS
 Customer Service Excellence Course Jul-2006  Introduction to GAC World Course Apr-2008
 Salaried Taxation & Collection Sep-2010  Value Added Taxation ( VAT ) Feb-2011
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Fareed Ahmed Lakha Mobile:
+971562321505
Finance Management Professional Mobile: +
923332166091
Linked ID: www.linkedin.com/in/fareedahmedlakha e-mail:
fardanfareed@gmail.com

 E Filing of Sales Tax Return Feb-2011  Sales Tax Exemption Course Feb-2011
 Financial Essentials with 100% - Dec-2011  Compliance and Ethics Course Nov-2013
 Leadership Training – May-2015  Change Management Training Oct-2016

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