Faisal Majeed - Chartered Accountant, Regional Project Financial Controller

Faisal Majeed - Chartered Accountant

Regional Project Financial Controller

Barr + Wray FZE LLC & Barr + Wray (Hong Kong Limited)

Location
United Arab Emirates - Dubai
Education
Master's degree, Chartered Public Finance Accountant
Experience
13 years, 8 Months

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Work Experience

Total years of experience :13 years, 8 Months

Regional Project Financial Controller at Barr + Wray FZE LLC & Barr + Wray (Hong Kong Limited)
  • United Arab Emirates - Dubai
  • My current job since January 2015

- Responsible for overall accounts and finance department of Dubai and Hong Kong office.

- Responsible to provide accurate and comprehensive monthly financial reports to Group CEO, Finance Director in UK and Managing Director in Hong Kong.

- Responsible for Financial reporting which include preparing financial statements, balance sheets, cash flow reports, budgets, budget-to-actual, financial projections to overall company level and individual project level.

-Helps Finance Director to design financial policies for group while assessing risk and analyze efficiency.

-Analyzes new project contract, explains financial impact of contract on company financial health especially currency gain/loss and taxation impact of overseas contracts.

-Works closely with Project Director, provide him job wise financial information mostly variance analysis and recommends him control strategies to control project cost.

- Perform cash management functions and oversee accounts payable, accounts receivable, cash disbursements, payroll and bank reconciliation functions.

-Responsible for all banking and finance activities, maintain good relationship with bank.

-Oversee process of obtaining guarantee from bank ensuring these are as per contract and agreed by parties involved.

-Ensure good relationship with auditors while complete audit on time with zero audit adjustments.

Manager Audit, Assurance and Business Advisory at Riaz Ahmad and Company Chartered Accountants- a member firm of Nexia International
  • Pakistan - Lahore
  • July 2014 to October 2015

Leading engagement teams through the planning, execution and wrap-up stages of audits and other assurance related engagements.

Interacting client and making them aware of internal control weaknesses while maintaining everlasting business relationship without hurting independence and integrity

Assisting non assurance clients to implement best market practices for conducting business efficiently and recommending them improvements in SOPs

Ensuring that Financial Statement are prepared in accordance with IFRS and local laws applicable

Conducting in house training program to give trainee students insights of industry in which client is operating

Managing large team, helping them to achieve deadline and delivering best work to firm partners

Senior Associates - Audit and Assurance at Riaz Ahmad and Company Chartered Accountants - a member firm of Nexia International
  • Pakistan - Lahore
  • July 2010 to May 2014

Being a trainee student my major job responsibilities are as follows:

1. Conducting audits and limited scope reviews of various listed and non listed clients especially textile and construction industry

2. Delivering task with deadline while ensuring that work is performed accordingly and efficiently

3. Assisting managers and partner to complete audit assignments

3. Assisting managers in planning phase of audit

4. Ensuring that audit work is performed as planned out by managers or making them aware of any changes need to be made to achieve desired results

5. Ensuring that Financial Statements meet necessary disclosures requirement of IFRS and local applicable laws

6. Drafting internal control weaknesses and recommendation for review of managers and partners

7. Attending meetings with clients key management personnel in the presence of managers and partner and helping them resolving issues, if arise any

Education

Master's degree, Chartered Public Finance Accountant
  • at The Chartered institute of Public Finance and Accountancy
  • October 2015
Master's degree, Master in Commerce
  • at Higher Education Commission of Pakistan
  • October 2015
Master's degree, Chartered Accountant
  • at Institute of Chartered Accountants of Pakistan
  • August 2014

Got first position in Mock exams of Advance Accounting

High school or equivalent, Accounting, Economics, Business laws
  • at Punjab College of Commerce
  • April 2007

First position in part-I exams at boys section

Specialties & Skills

Internal Audit
Year End Accounts
Monthly Reporting
Financial Reporting
Financial Projections
Business Process Re-engineering
Financial modeling
Microsoft Excel
Oracle Financial R12
Financial Reporting
budgeting
Variance Analysis
Project costing
Project Accounting

Languages

English
Expert
Urdu
Expert

Memberships

Institute of Chartered Accountants of Pakistan
  • 7924
  • September 2014
The Chartered Institute of Public Finance and Accountancy
  • 37020-CIP
  • August 2015

Training and Certifications

Advance Excel Learning (Training)
Training Institute:
The Institute of Chartered Accountants of Pakistan
Date Attended:
March 2015
Duration:
8 hours
Presentation Skills Training Course (Certificate)
Date Attended:
September 2009
Valid Until:
January 9999
Oracle Financial R12 (Training)
Training Institute:
Oracle Academy
Date Attended:
September 2014
Duration:
56 hours

Hobbies

  • Financial Market Investment
    Achieved suitable profit per month on average on my own investment in equity market of Pakistan. That motivates me investing part of my monthly salary in equity market because i believe having more than one source of income is essential for living successful life