Finance Director and Company Secretary
Bindawood Holding
Total des années d'expérience :16 years, 4 Mois
Deputy to CFO and managing finance staff of 250+ (direct /indirect reporting). In addition to my current role as Director Finance which includes successful IPO, IFRS Reporting & Compliance, Quarterly and Annual Audits, Annual Budgets and Variance reports, Exploring investment opportunities and conducting due diligence & treasury management, i am also accountable for the following work streams:
- Board & Investors Reporting
- Managing Investor Relations
- Performing Company Secretarial tasks
- Dealing with Tadawul (saudi stock exchange)
- Implementing & monitoring compliance of strong corporate governance
Notable Achievements:
1) In 2019: Selected as candidate to CFO as part of succession planning program.
2) In 2019-20: Successfully led the IPO process from scratch, got CMA approval within 9 months from initial kick off meetings. Responsible for setting IPO perimeters, completing FDD & LDD reports, working with financial advisors to complete all deliverables such as prospectus, investor, analyst presentations, participation in investor & analyst meetings to sell equity story & delivering key messages.
3) In 2019: Identified and proposed action plans to save USD 15M during turnaround diagnosis (pre-IPO) such synergies among departments, variable rental contracts.
4) In 2016-19: Positioned the company for IPO in 2020, assist in establishing corporate governance framework in the company by conducting 15 quarterly board meeting, forming IPO, audit and remuneration committee.
5) In 2018: Successfully led and implemented IFRS conversion from local SOCPA standards.
6) In 2017-18: Improved the debt-equity ratio of the company by efficient cash flow management and reduced financing costs by 10% by utilizing hedging tools.
7) In 2015-16: Led private placement of equity project from seller side and represented Bindawood Group in a multi-million dollar sale purchase & shareholding agreement.
In 2015: Saved USD 10 Million by identifying & calculating the one-time cost during the process of valuing the business / purchase consideration.
8) In 2014-15: Involved in preparing and presenting five year financial projections / analysis, duly appreciated by InvestCorp.
I was reportable to Chief Internal Auditor and Audit Committee and my major responsibilities were:
Conducted the Internal Audits in accordance with the DEL - Internal Audit Methodology.
Preparation and execution of Internal Audit Plan (IAP) based upon enterprise risk assessment.
Finalization of the Internal Audit Report and presentation to the Audit Committee.
Assessed both the designed and operational effectiveness of the internal control over various business processes and evaluation of the system of internal control, identification of gaps and opportunities for process improvement.
Preparation of process narrative, flow charts and risk and control matrix for each of the key business process.
Review of company policies and examination of financial and operating information
During my association with KPMG Dubai and Pakistan, I worked at different levels from Audit Assistant to Supervisory Senior. I successfully led various teams of professionals in accomplishing Audit and Assurance tasks. I was also seconded to KPMG Dubai as Supervisory Senior (Dec 10 to March 11) for rendering assurance services to international organizations.
My responsibilities included engagement management, client relationship management, co-ordination with professionals of various fields like legal and tax experts, decision-making for resolution of critical reportable matters and development and training of audit staff
A Qualified Chartered Accountant from Institute of Chartered Accountants of Pakistan which is a recognized body of IFAC