Chief Financial Officer
Royal Group of Companies
مجموع سنوات الخبرة :25 years, 11 أشهر
Working with Royal Group and its Subsidiaries as follows:
Name of Company Duration Position
Royal Group Head Office October 1, 2015 to date Senior Finance Manager
Tafseer Contracting and General Maintenance LLC July 1, 2012 to September 30, 2015 Chief Financial Officer
Hi Tech Concrete Products LLC June 6, 2010 to June 30, 2012 Chief Financial Officer
Royal Group Head Office November 25, 2008 to June 5, 2010 Finance Manager
Job responsibilities include;
• Responsible for all Financial Accounting and Reporting, manage the delivery of accurate, timely, and appropriately detailed management accounts and reporting to the Management and BOD;
• Responsible for preparation of company(s) annual budget, budget controls and monitoring the progress and achievement. Translate the company vision and plans into operational targets and numbers;
• Lead the implementation of ERP for all the RG Companies and likewise ensured proper functioning of ERP in the Operational Companies when deputed. As member of group finance team actively contributing to continuous improvement of management reporting including financial performance reports, budgeting and controls, treasury reports including cash flow forecasting, bank exposure and assets collateralization report, Unification of Chart of Accounts for all the subsidiaries at group level.
• Responsible for providing financial modeling, investment and market analysis for evaluation of new business opportunities, new projects/sites feasibilities, MIS reports for operational decision-making, pricing, computation, controls and analysis;
• Managing cashflows and treasury operations, developing and maintaining strong banking relationships, managing overdrafts, LBD, trade financing (guarantees, performance bonds, LCs etc), negotiating with banks and arrangement of financing for new ventures, projects/sites for CAPEX and working capital requirements;
• Manage and supervise day to day accounting activities, working capital and cash flow management including credit and collections, billings, accounts payable and receivables, transactional accounting;
• Design and implementation of financial policies and internal controls, overseeing budgetary controls, review analysis and redesign of workflows within and between the Accounts Department and operations and other departments, ensure existing and proposed new processes are adequately controlled;
• Liaison with internal and external auditors, insurers, lawyers for litigation issues and consultants;
• Part of the consolidation team who ensured the successful consolidation of the group;
• Actively involved in the restructuring of the group in shape of mergers and acquisitions as well as ventures with outside entities for better end results;
• Evaluating and analyzing the reasons of non-performing entities within the group and advising the Board with respect to the possible solutions and course of actions to be taken.
Worked as Finance Manager, with BGP (Pakistan) International (subsidiary of Chinese National Petroleum Corporation CNPC), engaged in Seismic concerns across Pakistan. Job responsibilities include:
• Responsible for all Financial Accounting & MIS Reporting, Budgeting & Analysis and financial management of the company using ERP the base reporting system duly connected with H.O;
• Deliver accurate and timely annual, mid-year and quarterly management and statutory reporting to the management, shareholders and statutory regulators;
• Provide financial planning and analysis to give tactical and strategic insight to the Management;
• Responsible for timely filing of company tax returns both Corporate tax and for Value Added Tax (VAT) under the laws of Sales Tax ensuring appropriate adjustments of input and output tax;
• Representing the company in front of Tax officials for explanations/ elaborations needed further;
• Manage the documentation of policies and procedures for all the departments;
• Development of departmental KPIs and regular reporting on KPIs;
• Assist in the needs analysis, selection and implementation of IT systems in coordination with management, operations department and the IT consultants;
• New licensing & incorporation procedures, ownership structure and options, ensure that company complies with all applicable codes, as well as its legal and statutory requirements,
• To manage and develop a team of finance professionals; and
• Liaising with external regulators and advisers, such as lawyers, auditors and taxation and corporate regulatory authorities;
Worked with National Database Registration Authority (NADRA), Islamabad, Pakistan as Manager Accounts in Finance and Accounts Directorate. Job responsibilities were:
• Preparation of monthly and quarterly management accounts, budgets and cash flow forecasts;
• Monitor and control all departments’ budget and expenditures making sure they are within the approved limit;
• Reviewing internal procedures to ensure that company is compliant with accounting rules and regulations;
• Reviewing and analyzing individual revenue streams within the business; and
• Coordinate with external auditors in preparation of schedules, supporting documents and all relevant paperwork in preparation for annual audit, final and adjusted balance sheets and cash flow statements
Worked as Senior Auditor in the Internal Audit Division of United Bank Limited (UBL), Islamabad, one of the leading banks of Pakistan.
The responsibilities bestowed upon are to perform the internal audits of the branches of the bank which have network all over Pakistan, as per the policies and manuals of the Bank using systemized software, verify the internal controls set by the bank and report the findings of the branches to the Head Office in a proper format.
To perform the audit, one is required to have proper and updated knowledge of the system of accounting used by the bank, the computer software operational (UNIBANK 2000), regulations and laws to be followed by the bank, internal controls to be implemented and the tax affairs regarding bank.
Worked as Audit Supervisor in Asad Fouad, Chartered Accountants, Islamabad.
The responsibilities include review of the Audit Planning Memorandum as per the software used by the firm and finalizing audit Programs in light of the Planning, continuous review of the assignments in process and timely discussion and meeting with the clients, coordination between the Management and the trainee students, review the work performed and solving queries found by trainee students at various assignments and get them reviewed by the Partners before the finalization of assignment(s).
Completed four (4) years of extensive professional training as Audit Senior with Husain Rahman, Chartered Accountants (formerly KMHR) Islamabad, Pakistan (an affiliate of Deloitte and Touche), provides services in the field of audit, taxation, corporate affairs, accountancy and business consultancy.
Studied Chartered Accountancy from Institute of Chartered Accountants of Pakistan.