Asif Javed

Advanced Board Company is Board manufacturing start up and consist of other related plants for Calcination and Magnesium Flakes. Advanced Boards and other related BU’s including mining are under development.
Key Achievements
● Completed Construction of Factory with Finance of SIDF and Banks.
● Carried out restructuring of group of companies to create multiple synergies and risk management.
● Lead a team of professionals to develop successful proposal for merger of companies to create a vertical
type of merger that developed competitive advantage and optimal profitability for each BU.
● Carried out feasibility studies for multiple potential BU’s.
● Outlined business model for group of companies and prepared business plan.
● Prepared Financial models and valuation of the companies.
● Developed compliance and Tax strategy, did VAT Return Filing and refunds.
● Arranged Finance and Cashflows based on the project schedules and commissioning of each BU as per
planned Dates.
● Established Finance and Accounts Department that worked as business partner with all other
functional departments for success of the company.

Mahindra Susten is a prime EPC contractor for Utility Level solar Energy Projects, currently doing multiple mega projects that includes project of Sakaka Solar Energy (Solar 405 MW) in KSA.
Key Achievements
● Established Finance & Accounting Department for the Project and Riyadh Office
● Performed project profitability analysis, detailed projects reporting, and Compliance requirement as per
KSA regulatory requirement.
● Developed compliance and Tax strategy, did VAT Return Filing.
● Arranged banking facilities as per project requirements and for the company to Manage Cashflows.
● Reporting to Investors and Key stakeholders.
● Worked closely to establish HR, Procurement and Administrative Functions.
● Reviewed original business plan and revised forecast based on new variables/drivers.
● Validated planning assumption as process of PDCA.
● Established monitoring, feedback and analytics for the company as whole and for projects.
● Drafted Policies and procedures for multiple and diversified workforce and projects.
● Financial Reporting for construction business as per IFRSs
● Prepared project Financial Model to monitor integrated performance
● Worked closely with all stakeholders for risk management & internal controls

Analysis of Financial Reports and variance analysis with benchmark key indicators defined in business planning. Evaluating and coordinating Business Strategies to enhance value of the business as per situational Variables. Implement and Continuously Monitor Internal Controls and Provisions to assure the quality of Financial Reporting. Preparation, Presentation and delivery of monthly, Quarterly and Annual Financial Statements for consolidated entity and subsidiaries as per accounting policy requirements and agreed deadlines. Review and reconcile Financial Reports and other data concerning fiscal operations Ensure accountancy disciplines are applied to prepare the Financial Statements in accordance with IFRS. Develop and maintain internal controls to manage key business risks. Coordinate with the Auditors to highlight weakness, provide information or access to accounting records. Participate in occasional Auditing Maintain Cost Accounts, review cost allocation procedure and identify cost reduction opportunities. Analysis of variances and reporting. Issuing management control reports. Short term (working Capital) & long term Loans (Capex) including rescheduling / restructuring of Loans & LG/LC issues. Maintaining the numerous multi currency bank accounts. Determine Payroll Reporting business performance for planning. Worked for capacity planning and capacity expansion. Consolidate the annual and long term capital, operating and revenue budgets, and business plans ensuring adherence to company’s strategic objectives Preparation of budgets in coordination with all the departments. Assist in gathering and reviewing data for preparation of budget. Sales forecasting, projection of expenses and to determine funding requirements. Preparation of monthly & Quarterly cash flows.(Budgeting).Preparing monthly MIS and variance analysis of actual to budget.Integrate business improvements to optimize both process and inventory value. Develop

Analysis of Financial Reports and variance analysis with benchmark key indicators defined in business planning. Evaluating and coordinating Business Strategies to enhance value of the business as per situational Variables. Implement and Continuously Monitor Internal Controls and Provisions to assure the quality of Financial Reporting. Preparation, Presentation and delivery of monthly, Quarterly and Annual Financial Statements for consolidated entity and subsidiaries as per accounting policy requirements and agreed deadlines. Review and reconcile Financial Reports and other data concerning fiscal operations Ensure accountancy disciplines are applied to prepare the Financial Statements in accordance with IFRS. Develop and maintain internal controls to manage key business risks. Coordinate with the Auditors to highlight weakness, provide information or access to accounting records. Participate in occasional AuditingMaintain Cost Accounts, review cost allocation procedure and identify cost reduction opportunities. Analysis of variances and reporting. Issuing management control reportsShort term (working Capital) & long term Loans (Capex) including rescheduling / restructuring of Loans & LG/LC issues. Maintaining the numerous multi currency bank accounts. Determine Payroll Reporting business performance for planning. Worked for capacity planning and capacity expansion Consolidate the annual and long term capital, operating and revenue budgets, and business plans ensuring adherence to company’s strategic objectives Preparation of budgets in coordination with all the departments. Assist in gathering and reviewing data for preparation of budget. Sales forecasting, projection of expenses and to determine funding requirements. Preparation of monthly & Quarterly cash flows.(Budgeting)

Accounts upto Finalization. Budgeting, Internal Control. MIS.Cash Flow. Working Capital Management. Follow up of Accounts receivables and Credit Control. Business performance reporting.Supervising a team.