Head of Finance & Group Finance manager
Smile Communication DRC SA & Smile Telecom Holdings Ltd
Total years of experience :15 years, 11 Months
Smile Telecoms: https://smilecoms.com/about-us/#about-us
Smile Telecoms Holdings Ltd founded in 2007, is a Mauritius-based Pan-African telecommunications group with operations in Nigeria, Tanzania, Uganda, the Democratic Republic of the Congo and South Africa. The company has one of the largest sub-1 GHz 4G LTE commercial networks in Africa, operating in the “future proof’ low band, 800 MHz band and mid band.
Smile have a plan to launch its mobile broadband network in the Democratic Republic of the Congo (DRC) in 2021 & 2022.
My responsibilities include:
• To deal with the finance management such as draw down of long terms loans, disbursement of funds to operating companies, working capital management and loan repayments.
• To deal with the financial managers of our operating companies in Nigeria, Uganda, Tanzania & South Africa to collect data and organize management reporting for Group CFO.
• To Ensure that all balance sheet reconciliations are produced on an accurate and timely basis to include bank reconciliations, debtors, creditors and inter-company accounts.
• To Prepare and distribute monthly management reports among stakeholders (detailing actual expenditure against budget and forecast).
• To review and assist with the monthly accounting close process including analytical review of the monthly operating results.
• To ensure compliance with all statutory requirements relating to financial control, financial management and taxation across Group Companies.
• To ensure appropriate external audit arrangements are in place and manage the audit process.
• To ensure implementation and adherence to the finance policies, procedures and systems across the Group Companies.
• To drive the budgeting and forecasting processes for the group's business metrics, revenue and expenses.
• To Prepare periodic board financial analysis and slides to include profit & loss, capital & cash flow reports versus plan.
• To assist Group CFO by preparing analysis in relation to product pricing, investment decisions, sales negotiation of commercial terms and commercial aspects of strategic projects.
• Apart from Group responsibilities I am also responsible for finance operation of Smile Communication DRC SA which is under process to launch in 2021 & 2022.
Nyumba Ya Akiba SA/ CIMKO: http://www.simcongo.com/
Pakistan based company Lucky Cement, part of the Yunis Brothers Group, and the Rawji Group Industrial Corporation of the DRC sought to construct and operate the Nyumba Ya Akiba (NYA) cement factory to address the supply crisis in DRC. The project cost $270m was financed by 50% equity & 50% long-term senior debt. The two companies invested US$135m to develop the project and a consortium of 04 DFIs, including EAIF, AFDB, IFC, HBL provided a total of US$135m in long-term senior debt, enabling the project to progress. The NYA plant became operational in late 2016, and is the first new cement factory to be built in the DRC for over 40 years.
I worked here as a part of project finance team from the initiation stage to till the completion and commercial launch of the project.
My responsibilities include:
• To ensure finance control, working capital management, payable management, financial accounting & reporting, audit process, team management, employee training and to oversee daily routine finance activities.
• Implementing systems, procedures & manuals for preparation & maintenance of books of accounts & financial statements and ensuring compliance with statutory requirements
• Summarizing month end financial status to finalize the reports such as balance sheet, cash flow statement, profit & loss statement, liquidity and fund position.
• To monitor proper control & maintenance of fixed assets register, keep record of addition & disposal of assets as per company policy.
• To make financial statement variance analysis, cost analysis, budget analysis (actuals vs budget) and to maintain cost control of the project, operating expenses, administration expenses with period over period analysis.
• Devising financial statements on quarterly, half-yearly and annual basis; managing year-on-year and quarterly comparison of company performance in terms of profitability
• To supervise Supplier reconciliation, bank reconciliation and stocks reconciliation in compliance with time & accuracy norms.
Oil World Pvt Ltd is a group company of IMGC Global a leading Eidble Oil and Ghee manufactures. http://imgcglobal.com.pk/introduction/
My responsibilities include:
• To prepare monthly financial statements and formulated projected financial statements such as income statement, balance sheet, cash flow statement & liquidity position
• Ascertained timely submission of online withholding tax, monthly sale tax return, filling of tax returns and physical file with Federal Board of Revenue and Provincial Revenue Board
• Managed borrowing facilities and computation of IRR, maintain interest schedule
• Liaised with State Bank of Pakistan for arranging export finance facilities and with lenders for arranging local bill discounting/factoring
• Generated investment appraisal for in-house packaging facility and drafted an investment proposal for board
Askari Guards Pvt Ltd is a subsidiary company of Askari Group of Companies (Army Welfare Trust)
https://www.askariguards.com/aboutus.php
http://www.awt.com.pk/home
My responsibilities include:
• Conceptualized & drafted master budget, cost control of sales, operating expenses, admin expenses and capital expenditure through variance analysis methods
• Formulated financial statements on quarterly, half-yearly and annual basis
• Administered accounts section for smooth functioning of daily activities
• Devised customer base profitability reports and suggested recommendations to the top management
• Supported internal and external auditors for conducting audits and providing required books of accounts & documents
Basic GL accounting job
Accounting, Finance, Audit and Consulting Job
Member ACCA
Chartered Global Management Accountant
Chartered Management Accountant
Cost and Management Accountant of Pakistan
