Sadr ul Hoda, Head Of General Accounting

Sadr ul Hoda

Head Of General Accounting

NASSER BIN KHALED AL-THANI AND SONS HOLDING COMPANY W.L.L.

Location
Qatar
Education
Diploma, Associate Public Finance Accountant
Experience
15 years, 4 months

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Work Experience

Total years of experience :15 years, 4 months

Head Of General Accounting at NASSER BIN KHALED AL-THANI AND SONS HOLDING COMPANY W.L.L.
  • Qatar - Doha
  • My current job since November 2021

My key responsibilities include:
▪ Participate in strategic data analysis, research, and modeling for senior company leadership
▪ Support project analysis, validation of plans, and ad-hoc requests
▪ Perform a variety of advanced financial analyses to determine present and forecasted financial health of the company
▪ Assist management in the formulation of its overall strategic direction through intelligent reports and analysis
▪ Use financial modeling to simulate financial scenarios-Present potential scenarios and outcomes to management team
▪ Develop or recommend solutions for problems or situations
▪ Ensure compliance with accounting policies and regulatory requirements
▪ Advising on investment activities and provide strategies that the company should take
▪ Collaborate with management on development and execution of funding strategies
▪ Develop trends and projections for the firm’s finances.
▪ Forecast cash flow positions, related borrowing needs, and available funds for investment
▪ CAPEX Feasibility Analysis
▪ Conduct reviews and evaluations for cost-reduction opportunities.
▪ Report to management on variances from the established budget, and the reasons for those variance
▪ Compliance with Tax and Statutes
▪ Compliance with WHT
▪ Compliance with new statues
▪ Devising controls for the group per COSO framework
▪ Financial Policies and Procedures updating for the group

Finance Manager at Matajer Trading WLL
  • Qatar - Doha
  • April 2021 to September 2021

• Successfully implemented effective reduce bottlenecks, streamline processes and reduce costs and increase profitability.
• Reorganizing Finance department, aligning to business functionality, streamlining the process, reducing 10%- 15% of company’s finance headcount.
• Establishing KPI’s, investigating and reporting on variances and deviations from the budget and recommending corrective actions on deviation.
• Designed and implemented policies, governance and risk frameworks, policies and procedures, MIS reporting systems, Balanced Scorecard KPI’s, and Financial Reporting tool that supported effective management decisions.
• Involve in the implementation of Locus Cloud ERP & its integration of E-Commerce website to ensure customize financial reports based on the stakeholder need are available at their desktop.
• Led and transformed the finance function and implemented the change management essential to deliver positive cash flow and bottom-line improvement.
• Producing financial reports related to budgets, account payables, account receivables, expenses, etc.
• Reporting to management and stakeholders, and providing advice on how the company and future business decisions might be impacted
• Mentor and develop a direct team, managing work allocation, training, problem resolution, and performance evaluation.

Accounts Manager at HBK-Group of Companies – Aluminium Technology Auxiliary Industries
  • Qatar - Doha
  • January 2016 to April 2021

I was deputed as an Accounts Manager of Aluminium Technology Auxiliary Industries - a subsidiary company of Hamad Bin Khalid Group.

Alutec is Qatar largest aluminum and glazing company, specializing in architectural aluminum and glass products, aluminum doors, windows, skylights, cladding projects and unitized and standard curtain walls. The Company also have two subsidiaries: Nova Healthcare W.L.L. & Alutec Trading Shanghai Ltd. The Company also holds an investment in two companies SIAL W.L.L. & Qatar Aluminium Extrusion Companies.

Being Accounts Manager, I am responsible for the followings:
Develop tools and systems to provide critical financial and operational information and strategic recommendations to the CEO and the Board of Directors executive and audit committees and make actionable recommendations on strategy and operations
Actively manage the capital needs of the Company, ensuring the efficient use of capital expenditures
Oversee the financial operations of subsidiary companies and foreign operations
Monitor cash balances and develop a reliable cash flow projection process that includes minimum cash threshold to meet operating needs;
Manage banking relationships, arrange debt funding, and develop an optimal capital structure for the Company.
Manage all aspects of financial reporting, including accounting, business planning, budgeting, cash flow management, collections, management reporting and continuous monitoring of business performance.
Ensure the timely reporting of all periodic financial reporting in accordance with the IFRS standards
Effectively lead the finance/accounting team by hiring and retaining top-grade talent
Ensure appropriate training and development is offered to finance and accounting staff to raise their understanding of financial management
Monitor all open legal issues involving the Company, and legal issues affecting the industry
Ensure that the Company complies with all legal and regulatory requirements

LC & Allied Matters Manager at HBK Group of Companies – Obayashi Qatar & HBK Contracting JV
  • Qatar - Doha
  • June 2014 to December 2015

Obayashi HBK JV is a joint venture between Hamad Bin Khalid Contracting Co & Obayashi Qatar LLC. The joint venture is incorporated for the purpose of constructing Phase 3 Downtown Doha - Msheireb. The total contract value of the project is around QAR 2.4 billion.

On deputation from HBK Contracting Co. WLL, I am responsible for the following:
Reviewing the monthly cash flow forecast and ensuring the effective utilization of the fund.
Overlooking the logistics function and dealing with the banks to ensure timely establishment of LC's, completion of import documents, and smooth customs clearance of all imports.
Establishing, maintaining, and coordinating the implementation of accounting and accounting control procedures.
Maintained the internal control and ensured that all the policies and procedures were being observed properly.
Manage day-to-day operations, finance management and audit finalization.
Maintain and develop organizational culture, values and reputation.
Coordinate and maintain an efficient & smooth office operation and execute responsible administrative duties.
Coordinate all office functions including personnel, purchase, equipment maintenance, repairs and renovations.

Senior Associate, Audit and Assurance at Deloitte Middle East - Doha
  • Qatar - Doha
  • December 2013 to May 2014

I was also given an opportunity by the firm to work abroad (Doha - Qatar from January to April 2013 & Dec 2013 to May 2014) as a part of Deloitte’s Global Development Program where I gained rich experience of working with multicultural and international environment, there I learned immense professional skills like management, communication, reporting and interaction with key personnel from different parts of the world and discussing with them audit issues and findings, especially audit experience of a construction company was a immense learning in field of construction.
Following are major clients that were finalized independently during that period.

Construction
ADCC JV Construction Package 94
Aktor Qatar W.L.L.
Alumco Qatar Company W.L.L.
Amar Construction W.L.L.
Barzan Engineering Services W.L.L.
Bluu Qatar W.L.L.
Louis Berger - The Branch of Louis Berger International

IT services
Momenta Qatar Company W.L.L.

Assistant Manager - Audit & Assurance at Deloitte - M. Yousuf Adil Saleem & Co.
  • Pakistan - Karachi
  • November 2008 to November 2013

During my tenure with Deloitte I am duly performing my responsibilities in various external and internal audits inside and outside Pakistan. During my whole tenure since junior-ship to the Managerial level by virtue of assigned responsibilities I have learned the art of efficient and effective audit and has developed a knowledge base through which now I can provide professional opinions and suggestions to my client in the area of finance, accounts, internal controls, regulatory reporting requirements, best industry practices and other professional tools which helps in the performance of the clients. My major current responsibilities and learning are as under;
- Making yearly audit plan, scheduling, staff allocation, cost and budgeting of the firm
- Execution of planning
- Review the engagement in progress and give timely feedback
- Development of quality deliverables
- On the job training and special class room training
- Meetings with clients representing firm and gain business by exploring opportunities
- Staff appraisal and consultation for their promotion.

Gain expertise in following sector:
- Textile
- Food and Beverages
- Financial Institutions
- Tin Industry
- Publishing House
- Power Generation
- Non-Profit Organization
- Real estate investment
- Construction
- Services

I was also given an opportunity by the firm to work abroad (Doha - Qatar from January to April 2013) as a part of Deloitte’s Global Development Program where I gained rich experience of working with multicultural and international environment, there I learned immense professional skills like management, communication, reporting and interaction with key personnel from different parts of the world and discussing with them audit issues and findings, especially audit experience of a construction company was a immense learning in field of construction.

Education

Diploma, Associate Public Finance Accountant
  • at Pakistan Institue of Public Finance Accountant
  • September 2012

Obtained membership of the organization on the basis of Certificate of Institute of Chartered Accountancy of Pakistan. Pakistan Institute of Public Finance Accountant (PIPFA) is the associate member of International Federation of Accountants (IFAC), the world organization for the accounting profession. IFAC's mission is to develop and enhance the profession to enable it to provide services of consistently high quality in the public interest. Its current membership consists of 155 professional accounting bodies in 113 countries representing more than 2.4 million accountants in practice, education, government service, industry and commerce. PIPFA, ICAP and ICMAP are the only three institutions of Pakistan having representation with IFAC.

Diploma, Associate Chartered Accountant
  • at The Institue of Chartered Accountant of Pakistan
  • June 2012

Completed chartered accountancy course from Institute of Chartered Accountants of Pakistan which is a professional body of Chartered Accountants in Pakistan, and represents accountants employed in public practice, business and industry, and the public and private sectors.

Master's degree, Master in Arts - Economics
  • at University of Karachi
  • July 2008

Completed two years Post Graduation degree in Economics from University of Karachi i.e. one of the biggest university in the country.

Bachelor's degree, Bachelor of Commerce
  • at Univeristy of Karachi
  • June 2005

Completed two years Graduation degree in Commerce with 1st Division from University of Karachi i.e. one of the biggest university in the country.

Specialties & Skills

Financial Reporting
Accounting Standards
External Audit
Financial Analysis
Financial Control
International Financial Reporting Standard
Project Planning and Team Work
International Standards on Auditing
Financial Data Analysis
Internal Controls
Working experience on various accounting systems (Oracel, SAP and Tilly etc)
Business acquisition, plan and merger

Languages

English
Intermediate
Urdu
Native Speaker
Hindi
Expert

Memberships

The Institute of Chartered Accountant of Pakistan
  • Associate Chartered Accountant
  • June 2012
Pakistan Institute of Public Finance Accountant
  • Associate Public Finance Accountant
  • September 2012

Training and Certifications

Workshop on International Financial Reporting Standards Takeoff (Training)
Training Institute:
M. Yousuf Adil Saleem & Co. Chartered Accountants - Deloitte
Date Attended:
December 2012
90 Hours Practical training Course (Training)
Training Institute:
Institute of Chartered Accountant of Pakistan (ICAP)
Date Attended:
November 2007
100 Hours Practical Training Course (Training)
Training Institute:
Institute of Chartered Accountants of Pakistan (ICAP)
Date Attended:
April 2008
Workshop on International Financial Reporting Standards excellence (Training)
Training Institute:
M. Yousuf Adil Saleem & Co. Chartered Accountants - Deloitte
Date Attended:
October 2012
Professional simulation of ‘Being a Field Senior' (Training)
Training Institute:
M. Yousuf Adil Saleem & Co. Chartered Accountants - Deloitte
Date Attended:
October 2011
Workshop on International Financial Reporting Standard (IFRS) (Training)
Training Institute:
M. Yousuf Adil Saleem & Co. Chartered Accountants - Deloitte
Date Attended:
October 2011

Hobbies

  • - Playing Cricket & Soccer - Playing Computer Games & Browsing on Internet - Reading books rel