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“In the name of God”

SHAHIN SHAHRESTANI

Personal Profile : Male, Single Age : 30 Cell : +98 912 - 103 18 10 E- Mail : shahrestani85@yahoo.com Address : No. 27, Bidar St., Fereshteh St., Vali Asr St. Tehran, Iran

PROFESSIONAL EXPERIENCE

Daya Zaman Sanj, Tehrn, Iran

Feb 2015 -Present

Deputy CEO and CFO

Daya Zaman Sanj (A Daya Group Company) is a pioneer and one of the largest companies active in Iran's watch,

jewelry, and accessories industry. The company is the official exclusive representative (Agent) of world-class brands,

serving over 300 major watch dealers, as well as operating more than 20 retail stores and boutiques under the

names Zaman & Zeevar and Prestige. Some of the brands represented exclusively by Daya Zaman Sanj include:

Luxury Swiss Watches and Accessories:

Chopard, Bulgari, Tag–Heuer, Jaeger-LeCoultre, Zenith, Davidoff,

Hermes, Givenchy

Consumer Brand Watches: Casio, Seiko, Espirit, Pierre Cardin, Swiss Military, Puma, Orient, Ice

Watch, FCUK, Police, Camel Active, Luminox

As the Company’s Deputy CEO / CFO, I am in charge of making sure major strategic goals set by the board of directors and

the CEO are reached. I am also directly in charge of the financial department. I have been able to deliver immediate

turnaround results through well-developed employee relations, leadership, and motivation. Nine (9) years of

professional management and financial experience in addition to my accreditation as a CPA (Certified Public

Accountant) has allowed me to well-manage the following responsibilities:

Managing a human capital of more than 150 employees, including hiring, development, payroll and benefit planning

Overseeing 500 billion Rials in sales to over 300 wholesale dealers

Administrating operations of 20 watch and accessory retail stores and boutiques with total sales of over 200 billion

Rials nationwide.

Negotiating collaboration terms with clients, agents, landlords, and foreign suppliers

Liaising with foreign companies regarding introduction of their brands in Iran, as well as developing and proposing

market penetration strategies

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PROFESSIONAL EXPERIENCE (CONT.)

Overseeing importation of goods through Dubai, Hong Kong and Europe

Providing consultation and advice to the board of directors regarding strategies and investment in new lines of

business, as well as conducting feasibility studies on new ventures

Responsible for all financial aspects of the company, including tax planning, budgeting, cash flows, and financial

reporting.

During my term as the Deputy CEO / CFO, we have been able to achieve the following milestones:

Implemented budgeting, and corporate strategy planning, including differentiated strategies for different product lines

and brands

Introduced and successfully executed “analysis based product management”, consisting of:

o Analyzing inventories and identifying slow and fast moving products

o Making informed purchase order decisions, which has resulted in adjusting order levels

o Developing targeted sales strategies, which has improved sales substantially

o Utilizing effective marketing methods in line with inventory management and sales plans

Implemented profitability analysis on a store by store basis, facilitating informed decision making on opening and

closing of stores, as well as improving product allocation among the stores

Improved work-process guidelines, updated sales commission formulas and developed employment guidelines.

Also improved the Company's organizational chart and formed committees to facilitate improved decision making.

Improved financial practices, financial reporting, cash management, income tax and VAT planning, internal control

processes, and safeguarding of assets

Implemented and launched a separate accounting software for the Dubai office

Conducted an overall internal audit of the company's procedures, organization, and management

Prepared exit plans for ailing brands

Designed and executed employee motivation plans, improving job satisfaction and employee retention

Improved compatibility of the in-house ERP system process with business practice

Extended financial reporting and financial decision making further to store and product line levels

I also provide consultation and assistance, in-part, to Daya Group’s other subsidiary companies, active in the following

industries:

o FMCG: Representing brands such as Colgate, Palmolive, Olitalia Olive Oils, Teekanne Tea

o Furniture and Home Goods: Home&Kitchen و آشپزخانه خانه) ) stores, Ashianeh Stores

o Lighting: Representing the Italian brand "Flos"

o Calculators, Cameras, and Projection Systems: Representing brands such as Olympus and Casio

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PROFESSIONAL EXPERIENCE (CONT.)

Rymand & Co. Auditing & Accounting Firm, Tehran, Iran Apr 2011 – Nov 2014

Certified Public Accountant

Extensive professional accounting and auditing experience within the following industries:

Petrochemical Companies: Bakhtar, Kavian, Lorestan, Kermanshah Polymer, Ilam

Mining and Industrial Sector: Chadormalu Mining and Industrial Co., ITRITEC GmbH, Burgman Pars

Energy Sector: Pasargad Energy Development Co., Ostovan Kish Drilling Co.

Other Industries: Mahak Nonprofit Organization, Parsian Brokerage, Dohler Iranian Beverage Co.

Supervised and managed accounting and auditing teams and staff

Expert on maintaining accounting books, documents, bank reconciliations, and closing of the accounts

Expert on preparation of tax and SSO reports, and income tax returns

Professional preparation of financial statements and audit reports in accordance with accounting and auditing

standards

Proficient in preparing English financial reports and collaborating with foreign professionals

Expert on preparing and auditing budget reports

Professional knowledge of the Iranian Commercial Law, Direct Taxation Law, VAT Law, Securities and Exchange

Law and the Anti-Money Laundering Law

Expert on taxation issues and resolving tax inquiries with authorities

Expert on drafting bylaws and guidelines in connection with the implementation of internal controls

Expert in ratio analysis and financial planning

Iran - Armenia Chamber of Commerce, Tehran, Iran Jun 2013 – Jul 2014

Chief Accountant

Responsible for all accounting matters (Maintaining accounting books, documents and bank reconciliations)

Managed cash and bank accounts

Managed calculation of employee salaries and preparation of tax and SSO reports

Provided consultation to the board of directors on financial and tax issues

Liaised with auditors and taxation authorities and represented the chamber at tax tribunals

Prepared financial statements and tax returns

Ghazvin Glass Co. (Public Company), Tehran, Iran Aug 2010 – Apr 2011 Financial Analyst

Provided in-depth analysis using financial ratios and benchmarking

Prepared financial budgets and compared budget to actual figures

Performed feasibility studies (using COMFAR Software) and formulated strategic financial goals

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PROFESSIONAL EXPERIENCE (CONT.)

Alan K. Smith Accountancy Corporation, CA, USA Mar 2007 – Nov 2009 Audit and Accounting Supervisor

Rendered tax consultation and prepared tax returns for more than 300 clients annually using Computax

software

Provided accounting services such as bookkeeping and financial statement preparation to more than 20 clients

Provided financial audits to clients including medical groups, municipalities and non-profit organizations

CERTIFICATIONS & PROGRAMS

Certified Public Accountant (CPA), California, USA (Member of the AICPA and Cal CPA), 2010 - Present

Hong Kong University of Science & Technology, (International Business Study Abroad Program) Fall 2006

National University of Singapore, (International Business Study Abroad Program) Spring 2006

ACADEMIC EDUCATION

University of Southern California (USC), Los Angeles, CA

B.S. in Business Administration, Concentration: International Business

IT & LANGUAGE SKILLS

Accounting and Auditing Software: Hamkaran Systems, Shomaran System, Rayvarz, Namaad Iran, PPC Audit,

QuickBooks, Computax Miscellaneous Professional Software: Mas500 ERP system, Microsoft Office Languages: Proficient in English and Farsi