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Adnan Hafeez, Chief Operating Officer

Adnan Hafeez

Chief Operating Officer·Pakistan Mercantile Exchange

Pakistan

Master's degree, Finance

Work experience

Total years of experience: 31 years, 10 months

Chief Operating Officer

December 2020 - Present

Pakistan Mercantile Exchange

Karachi, Pakistan

December 2020 - Present

▪ Drive company results from both an operational and financial perspective by working closely with the CFO, CEO and other
key executive team members.
▪ Partner with the CFO to achieve favorable financial results with respect to sales, profitability, cash flow, mergers and
acquisitions, systems, reporting and controls.
▪ Set challenging and realistic goals for growth, performance, and profitability.
▪ Spearhead the development, communication and implementation of effective growth strategies and processes.
▪ Create effective measurement tools to gauge the efficiency and effectiveness of internal and external processes.
▪ Provide leadership in technology portfolio for enablement and innovation.
▪ Align IT with business needs which ultimately helps the organization streamline business processes, improve productivity,
and increase competitive advantage.
▪ Devise and establish IT policies and systems to support the implementation of strategies

Company industry:
Financial Services
Job role:
Management

Assistant Director Finance

September 2018 - November 2020

Ernst & Young

Dubai, United Arab Emirates

September 2018 - November 2020

▪ Led the centralization project for Mercury (SAP) AR and AP for the entire MENA region.
▪ Responsible for Process improvement for AR and AP across the MENAregion.
▪ Financial Analyst for one of Business line of EY for MENAregion.
▪ Responsible for taking care of all the expense transactions & reimbursements to the Secondees across the MENAregion.

Company industry:
Business Consultancy Services
Job role:
Accounting and Auditing

Finance Manager

June 2017 - August 2018

SIUT

Karachi, Pakistan

June 2017 - August 2018

Led ERP implementation.
▪ Looked complete Supply Chain with import planning for all sites

Company industry:
Medical Hospital
Job role:
Accounting and Auditing

Group Finance Head

August 2014 - May 2017

Al Siraj United Holding

Jeddah, Saudi Arabia

August 2014 - May 2017

Finalized and reported Group Company accounts; presented and obtained approval from the Board ofDirectors.
▪ Improved efficiency in department by 25 % using Six Sigmamethodology
▪ Led OPCO Pakistan Pvt. Ltd.’s (Software House) back-officeoperations.
▪ Kept supervising the Software Bidding, Software Development, Delivery Model and MaintenanceOperations.
▪ Worked to run IT and Finance together by keeping the systems in accordance with the monetary related objectives of the
organization.
▪ Led organizational planning and capacity building for the Company’s offices in KSA, UK andPakistan
▪ Provided HR consulting forthe Group; developed and implemented a performance management system and compensation
and benefits structure.
▪ Structured Business Continuity designs that ensured the organization would not quit working regardless of any issue.
▪ Managed a team of 27 people.

Company industry:
Hospitality & Accomodation
Job role:
Finance and Investment

Senior Consulting Manager

February 2014 - June 2014

a.f.ferguson

Karachi, Pakistan

February 2014 - June 2014

 To develop and implement Organizational Development plan in Post Corporate Restructuring Scenario.
 Finance, HR, & Operational advisory for different clients.

Company industry:
Business Consultancy Services
Job role:
Consulting

Director Finance & Operation

September 2010 - January 2014

The institue of Bankers Pakistan

Karachi, Pakistan

September 2010 - January 2014

 Develop & implement business processes & systems (ERP, SOX processes) aligned to industry trends.
 Head Administration, Finance, Human Resources and IT departments and implementation of organizational strategies & objectives.
 Spearhead activities related to preparation of new HR policy, manual & processes, SOPs for various departments including implementation of new performance management system and automation of the Examination Department.
 Conduct BPR exercise for various functions and implement IFC and OMEGA Programs.
 Coordinate with Chartered Bankers UK with regards to accreditation.

Company industry:
Primary, Prep, & Secondary School
Job role:
Accounting and Auditing

Manager Finance

May 2010 - September 2010

PQ CHEMICAL INDUSTRIES PVT LTD

Karachi, Pakistan

May 2010 - September 2010

CAPTAIN PQ CHEMICAL INDUSTRIES PVT LTD
Project Finance Manager / Finance Manager, May 2010 - Sep 2010

Responsibilities:
* Planned, documented & implemented new processes.
* Developed & implemented SOX Compliance/Internal control across the organization.

Company industry:
Industrial Production
Job role:
Accounting and Auditing

Finance Manager / Country Finance Leader

April 1995 - April 2010

DUPONT PAKISTAN OPERATIONS PRIVATE LIMITED

India

April 1995 - April 2010

DUPONT PAKISTAN OPERATIONS PRIVATE LIMITED
Finance Manager / Country Finance Leader, Apr 1995 - Apr 2010

Responsibilities:
* Managed various activities related to financial accounting, financial planning & analysis, credit & treasury, budgeting, external reporting, taxation & transfer pricing, corporate & legal matters.
* Spearheaded strategic business and/ or operational plans, projects, programs and systems (customer financing module) in the Textile Business Sector.
* Implemented computerized accounting systems, ERP (conversion to SAP), materials supply chain management including materials requirement system for Agro Division.
* Set up Sales & Operation system to cater to Ex Stock Sales including formulation of Indent Business, strategic transfer pricing system, warehousing system (pesticide business) and pricing structure (textile business)
* Liaised with the SBU in conducting various risk-based audits and on matters related to financial affairs of the company.
* Ensured SOX compliance including documentation, delegation & segregation of authorities and process.
* Focused on risk mitigation, implementation of accounting & financial policies and six sigma methodologies, formation of joint ventures, mergers & acquisitions, out of court settlement and separation of business units.

Company industry:
Other Business Support Services
Job role:
Other

Asisstan Manager Finance

July 1994 - March 1995

Agri Auto Industries Ltd

Karachi, Pakistan

July 1994 - March 1995

Responsible for overall accounting function

Company industry:
Heavy Industry & Metallurgy
Job role:
Accounting and Auditing

Education

International University

January 1998

January 1998

Master's degree, Finance

Pakistan

GPA (point): 3.5 out of 4

GPA (point): 3.5 out of 4

* MBA (Finance), International University of Missouri, 1998

Skills

Financial Planning
Expert
Financial Planning
Expert
Risk
Expert
Risk
Expert
ERP CRM
Expert
ERP CRM
Expert
ERP design
Expert
ERP design
Expert
SOX
Expert
SOX
Expert
ACCOUNTING
Expert
ACCOUNTING
Expert
ACCOUNTING SYSTEMS
Expert
ACCOUNTING SYSTEMS
Expert
AUDITS
Expert
AUDITS
Expert
BSEE/SUPPLY
Expert
BSEE/SUPPLY
Expert
BUDGETING
Expert
BUDGETING
Expert
CREDIT
Expert
CREDIT
Expert
DOCUMENTATION
Expert
DOCUMENTATION
Expert
ERP
Expert
ERP
Expert
FINANCE
Expert
FINANCE
Expert
FINANCIAL ACCOUNTING
Expert
FINANCIAL ACCOUNTING
Expert
Financial Planning
Expert
Financial Planning
Expert
Risk
Expert
Risk
Expert
ERP CRM
Expert
ERP CRM
Expert
ERP design
Expert
ERP design
Expert
SOX
Expert
SOX
Expert

Languages

Urdu
Beginner
English
Intermediate