Irfan Nagi, Chief Financial Officer

Irfan Nagi

Chief Financial Officer

Tanmiah Foods Group

Location
Saudi Arabia - Riyadh
Education
High school or equivalent, Professional Accountancy
Experience
29 years, 0 Months

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Work Experience

Total years of experience :29 years, 0 Months

Chief Financial Officer at Tanmiah Foods Group
  • Saudi Arabia
  • My current job since March 2015

Provided finance leadership / partnership for managing and supporting complex operations, received
several awards and appreciations throughout the professional career.
• Significant experience in various sectors covering Manufacturing, Property development &
management, FMCG, Food, Poultry & Agricultural Products, Trading and Audit & Risk Advisory
Services.
• Strategy & Cost transformation. Alignment of Performance Measures with CorporateStrategy. Mergers
& Acquisition transactions and KSA IPO experience.
• Subject matter expert on IFRS, VAT with participation at GCC professional discussion forums.
• Led successful ERP implementations (SAP / Oracle).
• Led large & diversified teams across GCC and Pakistan; culturallysensitive.

Regional Finance Manager at Majid Al Futtaim (MAF) Group
  • April 2008 to February 2015

MAF Group is one of the most successful business Group head quartered in Dubai, UAE. The group is a leader
in development and operations of top class shopping malls in the MENA region. During my tenure, worked
closely with the GCC based business managers to bring cost turnaround post 2008 recession in a short time. Led
the finance teams in Oman and Bahrain and partnered with business teams in managing the top line and
profitability. Key deliverables included:
♦ Manage financial, accounting, taxation and related controller operations by leading a team of professional
accountants and administrators.
♦ Ensure implementation of group policies and work with senior management to ensure such policies remain
in line with best practices.
♦ Analyze the Company’s result against plan, highlight and report on major variations and deviations from
the existing plan (such as Revenues per sq. ft., Operating Costs recoveries, Rent to Sales ratios) to the MAF
Senior management on Monthly basis.
♦ Calculate and provide the leasing department with the base rentals ranges and common facility charges for
lease negotiations and renewals.
♦ Managing the lease admin function for lease registration with municipalities, security and PDC
management for leases, lease renewals and regular communication with lessee.
♦ Operational audits of stores and leases with special focus on short term Specialty leases and promotion
kiosks.
♦ Manage the Annual Planning process and issue annual budgets to provide targets to operational teams.
♦ Support asset management in identification and mitigation of operational risks in addition to insurance
management for the properties.
♦ Assist management in preparation of 5 year strategic / business plan cycles for both Oman and Bahrain
properties.
♦ Manage current working capital and project finance requirements by maintain a strong relationship with
major local and foreign banks.
PROFESSIONALEXPERIENCE
Page 3 of 4
♦ Managed Oracle and Yardi implementation in Oman and Bahrain including business blue print designing,
control designing, user testing, data migration activities and ensuring timely and accurate Go live.
♦ Handling of income tax returns, statutory payments, and assessment related queries.

Services Manager at Engro Fertilizers Limited
  • Pakistan
  • May 2001 to March 2008
Corporate Services Manager at Engro Chemical Pakistan Limited
  • Pakistan
  • May 2001 to March 2008

)
Engro Corporation is blue chip organization in Pakistan whose origin can be traced back to an employee led
buyout of Exxon’s Pakistan fertilizer business. Engro portfolio today consists of various businesses including
chemical & fertilizers, industrial automation, dairy and foods, power generation and commodity trading. Engro
had provided me opportunities of not only to grow professionally but also of inculcating a deep sense of
business integration, objective orientation, people skills and effective use of quality and process improvement
tools including ISO standards and Six Sigma.
My career within Engro:
∼ Finance and

General Accounting at Engro Fertilizer Limited
  • Pakistan
  • September 2005 to September 2007
Plant Accountant at Engro Fertilizer Limited
  • Pakistan
  • March 2003 to August 2005
Control Officer at Engro Fertilizer Limited
  • Pakistan
  • May 2001 to February 2003
Assistant at Unilever Pakistan
  • Pakistan
  • June 2000 to May 2001
Assistant Manager at Engro Chemical Pakistan
  • Pakistan
  • June 2000 to April 2001
Audit Trainee at A. F. Ferguson & Co.
  • Pakistan
  • September 1995 to February 2000
Senior Audit at A.F.Ferguson & Co.
  • Pakistan
  • January 1995 to January 2000

Education

High school or equivalent, Professional Accountancy
  • at University of London
  • January 2019

courses: MIT Sloan Alumni - MIT Sloan Business School, USA ACMA,

High school or equivalent, Commerce
  • at University of Karachi
  • January 2016

courses: FCA Certification,

High school or equivalent, Commerce
  • at Government College of Commerce & Economics
  • January 1995

Specialties & Skills

Oracle Financials
Financial Control
Financial Reporting
BUSINESS PLANS
EXECUTIVE MANAGEMENT
FINANCE
POLICY ANALYSIS
PROCESS ENGINEERING
STRATEGIC
ACCOUNTANCY
ADOBE GO LIVE
ASSET MANAGEMENT

Languages

English
Expert
Urdu
Expert