حسن Shaheed

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Govern the end-to-end financial reporting cycle — AP, AR, GL control, month-end, quarter-end and year-end close — for six business entities including monthly consolidation, ensuring full IFRS compliance and on-time delivery of audited financials.
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Prepare and present comprehensive monthly management accounts, including income statements, balance sheets, cash-flow statements and detailed variance analysis against budget and prior period, enabling data-driven decisions by the Group CFO and Board. (Consolidated as well as Business Unit Wise)
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Lead the annual budgeting process and rolling quarterly re-forecasts across all six entities; challenge business unit assumptions, consolidate submissions and present the Group budget to senior management for approval.
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Direct treasury and liquidity management: monitor daily cash positions, project short- and medium-term cash requirements, and optimize inter-entity fund flows to minimize idle cash and reduce financing costs.
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Oversee the full procurement-to-pay and order-to-cash cycles — PRs, POs, RFQs, sales orders, invoicing and payment approvals — enforcing a robust approval matrix and segregation of duties.
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Manage the costing function: develop and maintain standard cost models for manufactured products and projects, conduct monthly cost variance analysis and recommend corrective actions to operations management.
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Ensure strict ZATCA VAT compliance: review and sign off monthly VAT returns data, reconcile input/output tax positions and liaise with ZATCA on regulatory queries and assessments.
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Spearhead SAP ERP enhancements by designing custom financial reports and embedding additional system controls, reducing manual reconciliation effort and strengthening financial governance.
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Serve as primary liaison for internal and external auditors; maintain comprehensive audit-ready documentation and resolve queries with zero material findings.

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Directed the full spectrum of financial operations — AP, AR, GL control, payroll processing and month-end / year-end close — ensuring compliance with IFRS across multiple manufacturing entities.
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Produced monthly consolidated financial statements with supporting commentary and budget-vs-actual variance analysis, presented directly to the Directors and Board of Directors.
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Managed treasury operations: maintained optimal liquidity levels, monitored working capital and negotiated short-term funding facilities.
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Conducted detailed feasibility studies and five-year financial projections for proposed land acquisitions and capital expansion projects, informing Board-level investment decisions.
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Oversaw end-to-end tax compliance: monthly sales tax and withholding tax filings, annual income tax returns and correspondence with FBR, mitigating regulatory risk for the Group.

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Appointed as inaugural CFO to professionalize the finance function of a fast-scaling hospitality group; restructured the accounts department, introduced IFRS-based reporting and established the financial governance framework from the ground up.
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Directed the full spectrum of financial operations — AP, AR, GL control, payroll processing and month-end / year-end close — ensuring compliance with IFRS across multiple manufacturing entities.
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Owned the full financial reporting cycle: monthly management accounts, consolidated P&L, balance sheet and cash-flow statements with budget-vs-actual variance analysis and executive commentary for the CEO and Board.
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Designed and drove the annual budget and rolling-forecast process across all outlets and the commercial mall, translating business strategy into financial targets and monitoring performance through monthly KPI dashboards.
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Conducted comprehensive feasibility studies — covering capital requirements, projected revenue and payback period — for the construction and launch of four new facilities; oversaw each project from foundation to handover, delivering on time and within budget.
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Implemented robust cash-flow management: introduced 13-week rolling cash forecasts, renegotiated supplier payment terms and optimized working capital, significantly improving the Group's liquidity position.
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Developed granular standard costing models for all menu categories and outlet operations; used cost-variance findings to negotiate ingredient contracts and reduce food cost percentage.
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Established the IT department and integrated an ERP-based financial reporting platform, eliminating manual spreadsheet consolidations and improving close cycle efficiency.
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Built and led the HR function: designed payroll structures, implemented staff cost budgets and introduced HR policies aligned to labour regulations, covering all branch employees.
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Managed the full tax calendar — monthly sales tax, WHT filings and annual income tax returns — while conducting quarterly internal audits to ensure compliance across all entities.

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Maintained the full set of government accounting records — general ledger, cash book, contingent register, expense ledgers, pay & allowances register and SDA register — ensuring accuracy and compliance with public-sector financial rules.
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Prepared and reconciled monthly expenditure reports, tracking actual spending against approved budget heads and flagging variances to the Director for corrective action.
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Managed payroll processing for all permanent and contractual staff, ensuring timely disbursement and accurate deduction of government taxes and provident contributions.
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Coordinated with the AG Office, Finance Secretariat, Treasury Single Account, P&D Department and FJMU for budget approval, release of funds, head-wise allocation and submission of utilization certificates.
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Served as a member of the Tender Evaluation Committee, providing financial assessment of bids and ensuring procurement processes complied with PPRA rules.
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Led the end-to-end ERP Implementation of an integrated system covering Accounts, HR, Store and Fixed Asset modules — reducing manual processing time and strengthening controls.

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Managed the complete direct and indirect tax compliance calendar: preparation, reconciliation and e-filing of monthly sales tax returns, withholding tax statements and annual income tax returns through the FBR IRIS portal.
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Prepared periodic financial statements and management reports with detailed analysis of revenue, gross margin and operating cost variances versus budget and prior year.
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Coordinated with banking partners for working capital and term-financing facilities, preparing financial packages and projections required for credit committee approvals.
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Assisted the GM Accounts in GL control, month-end closing procedures and coordination with internal and external auditors during the annual statutory audit.

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Designed and executed a risk-based internal audit plan covering 600+ school branches and the centralised accounts & finance department, assessing controls over financial reporting, procurement, payroll and operations.
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Identified control deficiencies and presented audit findings with management action plans to the CEO and Managing Trustee; tracked remediation to closure.
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Developed and rolled out a comprehensive Internal Controls & SOP framework, significantly strengthening financial governance and operational consistency across all branches.
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Led the full-cycle ERP Implementation of Microsoft Dynamics 365, coordinating requirements gathering, user acceptance testing and staff training across multiple departments.
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Produced feasibility reports and financial analyses for donor-funded projects, providing actionable recommendations that supported strategic planning by senior leadership.

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Conducted statutory external audits for manufacturing, real estate and trading clients: planned audit engagements, performed substantive testing and analytical procedures, and drafted audit reports and management letters.
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Managed tax compliance portfolios for multiple clients: preparation and e-filing of sales tax returns, WHT statements and annual income tax returns, together with proactive tax planning to minimize client exposure.
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Maintained and reviewed client general ledgers, reconciled accounts and prepared financial statements in accordance with applicable accounting standards.