Ijaz Malik

(Injazat Data Systems is owned by Mubadala in a joint venture with HP. As a leading information technology and business process services provider, Injazat offers a broad range of services from IT strategy setting and IT consultancy to comprehensive outsourcing of IT and business functions from the region’s most sophisticated and advanced facility, the Tier IV design certified Premier Data Center facility . Injazat is a local company with a global experience; it employs 700+ people from more than 37 nationalities.)
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• Lead the development of periodic forecasts, budgets, interim management reports and other operating Statistics to ensure ongoing integrity of key performance measurement indices (KPIs).

• Prepare comprehensive revenue & cost breakdown analysis, covering all contracts and projects along with detailed margin analysis for each client/project/Line of Business (LOB) to facilitate the decision making process and to support the cost efficiency and revenue growth initiatives.

• Developed detailed Opex / Capex Budgets and periodic financial statements and presented for review & feedback from department heads and senior management.

• Worked closely with the COO, CFO and department heads during a period of major transformation (2010-2011) focusing on number of key strategic projects including Services reorganization, Best-shoring program and development of Allowable Cost Schedules (ACS) for Standardized list of IT Services which required careful planning and control, resulting in cost saving of AED 5 million.

• Established guidelines for Lines of Business (LOB) reporting to assist department heads in understanding the financial performance of various segments within their respective departments.

• Took ownership of overall management of finance function across all lines of Business. Delivered Strong MIS capabilities through implementation of Time Capturing System (TCS) and Oracle ERP system.

(Folklorama is the largest & longest-running multicultural festival in the World. Folklorama began in 1970 as a one-time multicultural event to celebrate Manitoba's Centennial. It was so successful, it has returned every year since. The festival typically draws about 425, 000 pavilion visits plus 15, 000 visitors to Folklorama Kick-off.)
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• Accountable for overall financial management and administration of the council; including budget development and evaluation, coordination of external audits, payroll processing, employee benefits administration, management of lease contracts / insurance policies / annual tax returns and preparation of timely financial reports. Also acted as Executive Director as and when required.

• Worked in cooperation with the executive director in the areas of human resource planning and performance evaluations for all staff. Assisted in hiring, training and supervision of employees.

• Worked closely with Senior Management to develop the new 5 year strategic plan for Folklorama.

• Developed and improved partnership agreements with key festival sponsors to maximize the return on investment for all stake holders. Assessed the feasibility of council’s investment in festivals, concert series, tourism marketing and youth programs.

• Prepared, analyzed and presented Financial and Management reports to the finance & executive committee members, board of directors and at annual general meeting.

• Assisted finance & administration division in preparing and finalizing public works annual budget.
• Worked closely with Parks division in developing their multimillion dollar budget for consolidation into overall public works financial plan. Also monitored actual expenditures and investigated any significant deviations from budget and monthly forecasts.
• Reconciled divisional revenue fund and inter-departmental transfers / recoveries.
• Managed year-end and other audit processes. Assisted in setting up service based reporting.
• Worked with divisional managers to control costs associated with equipment usage, labor and material purchases. Reviewed, maintained and enforced departmental policies and procedures.

(Westeel Limited is Canada’s foremost manufacturer of Steel Storage products like Grain Bins for Agricultural Industry, Petroleum Storage Tanks for Oil & Gas and custom engineered fabricated products for specialized needs. Founded in 1905, Westeel now exports its products across all of North America and to more than 30 countries around the world.)
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• Prepared consolidated financial statements along with quarterly and year-end supporting schedules.
• Assisted department heads in investigating / explaining variances to budget.
• Formulated and executed strategies to improve performance and prevent future inefficiencies.
• Provided full cycle (monthly, quarterly and yearly) financial analysis to senior management.
• Coordinated month-end processing and reviewed all account reconciliations and adjusting entries.
• Prioritized, organized, and delegated assignments as needed.
• Assisted in preparation of budget, monthly forecast and corporate tax return.
• Developed process improvements to increase effectiveness and efficiency of the accounting function.
• Designed internal control systems. Assisted staff and mangers in focusing and achieving company goals.
• Produced year-end audit reports and schedules and acted as a liaison with external auditors.
• Supervised, motivated and developed staff of four.
• Managed the selection, training and appraisal of staff.

(Vita Health is a leading Manufacturer & supplier of over-the-counter (OTC) pharmaceutical products and natural health products.)
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• Managed short-term cash requirements and produced cash-flow projections.
• Prepared monthly financial statements and analyzed budget variances by department /expense types.
• Monitored financial transactions to ensure accuracy and timeliness of accounting data.
• Ensured proper compliance with internal controls and operating policies.
• Managed all activities associated with analysis of expenses, revenues & accruals etc.
• Coordinated reconciliation of all balance sheet accounts including Inter-company transactions.
• Represented Finance & Admin. Department at Employee Initiative Committee (EIC) meetings.

• Produced monthly sales reports by product line and provided pricing recommendations.
• Reviewed and maintained Chart of Accounts. Prepared weekly payroll data and manufacturing incentive schedule.
• Reviewed product costs for accuracy and performed sales / margin analysis. Investigated plant variances and produced material & labour efficiency reports.
• Managed inventory control records and Standard costs. Organized monthly cycle counts and year-end inventories.
• Reviewed the quality system (ISO 9002) with senior management to ensure its continuing suitability and effectiveness in satisfying company’s quality objectives.
• Reported on the performance of quality system to the president for review and as a basis for continuous improvement.