Faizan Arain

Chief Financial Officer (CFO) and Tax Adviso

HEALTHCARE DME LLC • Período integral

Feb 2019 - Present • 7 yrs 8 mos

CFO and in-house tax consultant for Healthcare DME, an accredited US durable medical equipment supplier, and its group of related US companies in healthcare, real estate, construction and manufacturing. Key responsibilities: • Tax planning, quarterly tax estimates and CPA-ready tax workpapers for a C-Corporation and related entities, working directly with the company's external CPA • Cash flow management and payment planning: deciding which payments to release or hold to keep the business liquid • Monthly financial statements and management reports for the owners • Leading a team of accountants handling bookkeeping, bank reconciliations and intercompany accounting for multiple entities • Managing a 37-person offshore operations office covering order processing, insurance billing, claims and denials, supply chain and IT • Payroll, budgeting and financial consulting • Healthcare revenue cycle experience with Medicare, Medicaid and private insurance billing

Chief Financial Officer (CFO)

Saudi Sicli • Período integral

Feb 2017 - Jan 2019 • 1 yr 11 mos

Chief Financial Officer for Saudi Sicli Co. in the Kingdom of Saudi Arabia, responsible for the company's complete finance function. Key responsibilities: • Annual budgeting, forecasting, expenditure scheduling and variance analysis with corrective actions • Monitoring revenue and expenses, consolidating financial data and preparing special reports for management • Designing the chart of accounts and defining accounting policies and procedures • Establishing internal controls to protect company assets and financial security • Ensuring compliance with local regulations and recommending new procedures • Maintaining confidentiality of sensitive financial information

Senior Accountant

SMS TRADING LLC • Período integral

Jan 2015 - Dec 2016 • 1 yr 11 mos

Senior Accountant at SMS Trading LLC, Sharjah, UAE. Key responsibilities: • Recruiting, training, scheduling and appraising accounting staff • Annual budgets, forecasting and variance analysis • Monitoring revenue and expenses and preparing financial reports for management • Setting up the chart of accounts, accounting policies and internal controls • Supporting audits, identifying trends and implementing system improvements • Advising other departments on accounting policy and compliance