Jawwad Abdul Salam

strategic leadership with Chairman, Group CEO & other C-Suit Officers and ensuring that Finance function supports the business at a strategic and operational level.
•Developing strategies that work to minimize financial risk of the Group.
•Preparing annual budgets, investment feasibilities for the Group and conducting regular analysis and evaluation of the actual performance against plan.
•Extensively engaged in cost cutting assignment for the Group with high focus on finance cost, staff cost & fleet repairs & maintenance cost reduction for the Group.
•Extensively involved in working capital management with high focus on debtor and creditor management in order to monitor closely Cash Conversion Cycle (CCC) for Food Distribution Division.
•Maintaining banking relationship and liaising with different financial institutions.
•Finalizing financing arrangements & other banking facilities (including un-funded facilities) with banks to support aggressive business expansion of the Group.
•Supervising Company’s Finance & Accounts department for efficient and effective functioning.
•Supervising CAPEX particularly investment plans for fleet / trucks for Food Distribution Division.
•Presenting monthly Management Information Reports/ (MIS) to the Chairman & Group CEO.
•Submitting weekly 12 week rolling cash forecast to the Group CEO and advising them on cash position of the Group according to latest forecast.
•Liaising external auditors, lawyers and other advisers where appropriate.
•Supervising local purchases and ensuring Group procurement policy is being strictly adhered.
•Managing insurance/guarantees including staff health insurance, cash insurance, motor insurance, property Insurance and maintaining follow-up for claims and other related work.
•Any special assignment given by Group Chairman/Group CEO and or other competent authority.

Key Achievements (Transind Holding W.L.L.)
•Restructured QAR 95M loan over extended period according to 10-year cash forecast of the Group.
•Obtained QAR 130M trust receipts (LTR) banking facilities to meet working capital requirements of the Group.
•Saved approx. QAR 6M interest cost on a yearly basis by taking several measures including loan swaps and negotiation on interest rates etc.
•Advised on several disinvestment plans mainly in retail division based on the historical & forecasted results.
•Advised and executed multilateral adjustments of old outstanding RP (Related Party) balances within Group Companies.
•Implemented the overall Finance Department scope, functions, SOPs.


SunCity Ventures W.L.L.
SunCity Ventures W.L.L. is a Food & Beverage (Restaurant) division of Abdulla Yousif Fakhro & Sons (AYFS - Group) Bahrain. There are number of international F&B concepts including Mc. Donald’s (USA), Vapiano (Germany), Gloria Jean’s Coffee (Australia), The Yellow Chilli (India), Zayt Zaytoon (Bahrain) & Catering division being operated under SunCity Ventures W.L.L in Bahrain, KSA, Kuwait & Oman. www.suncityvenures.com, www.fakhro.com

Group CFO & Chairman in strategic matters of the company including complete preparation and reporting of annual budgets, investment feasibility, capital budgeting, break-even analysis, risk management etc.
•Attending Board meetings, taking minutes of the meetings and circulating minutes within 07 days to all Board members and individuals on the distribution list.
•Finalizing financing arrangements & other banking facilities with different commercial & Islamic banks to support aggressive business expansion of the Company.
•Supervising Company’s Finance & Accounts department for efficient and effective functioning.
•Presenting all Management Information Reports/ (MIS) including daily dashboard, separate financial statements of Parent, Subsidiaries & Consolidated financial statements of the group.
•Submitting weekly 12 week rolling cash forecast to Directors and advising them on cash position of the Company according to latest forecast.
•Preparing yearly budgets/plans of the Company and quarterly evaluation of the performance against plan.
•Looking after various Banking and Financial matters and managing effective relationship and liaising with different financial institutions.
•Organizing external audits in Bahrain (The Parent Company of the Group) and supervising external audits of subsidiaries incorporated as limited liability companies in other GCC counties
•Supervising Zakat computation for subsidiary in Kingdom of Saudi Arabia - KSA and ensuring its timely deposit in General Authority of Zakat and Tax (GAZT).
•Managing KSA health insurance as per CCHI directives.
•Managing other insurance/guarantees including cash insurance, motor insurance, property (factory & retail outlets) Insurance and maintaining follow-up for claims and other related work.
•Any special assignment given by Group Manager Finance/Chairman and or other competent authority.

Key Achievements (SunCity Ventures W.L.L.)
•Prepared daily dashboard and its submission to Directors.
•Prepared Company fiscal & documentary control authority matrix.
•Finalized the warehousing deals and outsourcing of stock with GAC at minimum cost to the Company.
•Finalized term loan financing of BHD over 3.5M with different banks during last two years to support business expansion in GCC.
•Obtained extended coverage of insurance specially for open marine and inland cargo cover at a reduced premium.
•Negotiated & successfully reduced existing overdraft interest rates.
•Successfully launched (after higher management approval) the overall Finance Department scope and functions, SOPs and finalized each member KPIs and Job descriptions.


Syed Junaid Alam W.L.L.
Syed Junaid Alam W.L.L. is one of the leading perfume manufacturers & retailers in GCC. The Company’s head quarter is based in Kingdom of Bahrain and operating as a forward integrated organization having more than 130 retail outlets in Bahrain, KSA, Oman, UAE, Lebanon, Turkey, Kuwait Qatar, etc. www.syedjunaidalam.com.

Group Finance & Accounts department for efficient and effective functioning.
•Preparing and verifying MIS including monthly/annually separate and group consolidated Financial Statements along with variance and ratio analysis.
•Supervising custom duty exemption working and filing of required information to Ministry of industry & Commerce - Bahrain.
•Preparing FX currency buying strategy of the group and optimizing the different GCC currency utility for FX payment obligation in EURO, CHF, USD, and GBP etc.
•Looking after various Banking and Financial matters and managing effective relationship and liaison with different financial institutions.
•Managing entire group funds and investing surplus funds in various deposit schemes.
•Organizing external audits in Bahrain (The Parent Company of the Group and supervising external audits of subsidiaries incorporated as limited liability companies in other GCC counties including KSA, QATAR, OMAN, and UAE.
•Supervising tax returns of subsidiaries in QATAR, OMAN and Turkey ensuring their submission to respective tax authorities within prescribed timelines and fulfil the other statutory requirements.
•Supervising Zakat computation for subsidiary in Kingdom of Saudi Arabia - KSA and ensuring its timely deposit in General Authority of Zakat and Tax (GAZT).
•Managing other insurance/guarantees including cash insurance, motor insurance, property (factory & retail outlets) Insurance and maintaining follow-up for claims and other related work.
•Implementing and developing accounting software and different management reports.
•Preparing Labor & FOH absorption rates and ensuring their proper allocation.
•Preparing management /cost accounting reports including Product GP statements, Product cost analysis, Manufacturing gain or loss statement, production yield analysis, stock ageing reports, product distribution from HQ to retail division etc.
•Maintaining statutory record, minutes book, CR, lease agreements and other related documents.
•Any special assignment given by DF/CEO and or other competent authority.

Key Achievements (Syed Junaid Alam W.L.L.)
•Successfully implemented overall FX strategy and investment plan resulting a savings or benefits up to 30K (approx) BHD per annum.
•Successfully automated the separate & consolidated financial statements of the Parent Company and its Subsidiaries.
•Successfully implemented payment module and entire exchange rate solution in system.
•Reduced overall insurance cost of the Company through better negotiations and proper insurance bid evaluations.
•Successfully launched (after higher management approval) the overall Finance Department scope and functions, SOP and finalized each member KPI and Job descriptions.
•Successfully implemented shops / (retail outlets) audit risk matrix.
•Obtained government grant from “Tamkeen” for BHD 300K.


Agility Logistics (Pvt)) Limited
Agility Logistics (Pvt) Ltd is one of the leading multinational freight forwarding companies and a subsidiary of Agility (Asia/pacific) Limited, Hongkong involved in freight forwarding, customs brokerage, warehousing, project distribution, transportation and other value added services, including supply chain management. www.agilitylogistics.com.

Key Responsibilities:
•Arranging lease (Direct & Leaseback) transactions and maintaining amortization schedules of lease hold assets for the group (Agility Logistics, Tristar Transport, Agility F&E)
•Coordinating with banks & other financial institutions for arranging company’s financial instruments for the group.
•Working Capital management, receivables follow-ups, treasury management and taxation matters (for taxation & treasury matters it is for Agility Logistics & Tristar Transport).
•Managing relationship and maintaining effective liaison with financial institutions.
•Supervising bank reconciliations.
•Computing mark up on running finance and other inter-company foreign and local loans.
•Administrating and investing employee benefits funds and group’s investment portfolios and ensuring competent yield on investments.
•Preparing weekly cash flow forecast for efficient fund management and its monthly reconciliation with global treasury system.
•Managing local & global insurance matters of the group.
•Ensuring timely disbursement of monthly payroll of the group.
•Ensuring timely completion of Audit of books of accounts of Agility, Tristar Transport & PF Trust.
•Preparing overall tax plan of the group including advance tax, annual income tax, sales tax/VAT and withholding tax planning.
•Preparing annual tax returns of the Company and ensure timely submission of income & sales tax/VAT returns for the group.
•Computing quarterly Advance Income Tax of the group and filing of WHT statements for salary and other payments on monthly and annual basis.
•Liaising with company’s tax and legal consultants for FBR / SECP compliance.
•Computing employees’ tax on salary and review it on periodically.
•Ensuring timely corporate filing within due timelines as per SECP for Agility & Tristar Transport).
•Any special assignment given by GMF / DF and or other competent authority.

Key Achievements (Agility Logistics (Pvt) Limited)
•Negotiated & increased Running Finance Facility over Rs 80 Million and reduced the borrowing cost spread of the company by almost 50%.
•Ensured timely completion of annual audit and timely accounts finalization for

Key Responsibilities:
•Preparing monthly financial statements with supporting schedules.
•Preparing all monthly management financial reports/ (MIS).
•Managing & controlling of ledger accounts.
•Preparing bank reconciliations.
•Managing payments.
•Supervising statutory audit.
•Looking after various banking & financial matters.
•Any special assignment given by GDF / CFO and / or other competent authority.

Key Achievements (Lucky Paragon Ready-mix Limited)
•Negotiated Short-term Loan Financing over Rs 15 million with all the formalities required to enable timely disbursement of loan.
•Negotiated& concluded Running- Finance arrangement over Rs 30 million and complied with all the formalities.
•Ensured timely completion of annual audit and timely accounts finalization.

Berger Paints Pakistan Limited BERGER is a public limited Company and its shares are quoted in stock exchanges in Pakistan, the name of BERGER has been associated with paint manufacturing for almost two centuries. The BERGER group has worldwide affiliations, with companies operating in 46 countries. http://www.berger.com.pk/

on discount structure including cash, promotional and trade discounts and making a discount provision for different regions according to the company policy.
•Issuing credit notes for discounts, invoice cancellation, sales return and coupons.
•Preparing monthly collection targets for each sale person.
•Posting of payment receipt vouchers and returned cheques.
•Preparing journal vouchers at month end from consolidated report for different regions and reconciling consolidated sales with sales day book.
•Processing of sale orders after customer credit vetting.
Rotated to Management Accounting Section

product wise GP statement.
•Preparing Batch Wise Manufacturing Gain/Loss Statement.
•Preparing Stocks Folder for Monthly Meeting.
•Preparing Monthly Stock Valuation for Final Accounts.
•Approving after detailed vetting of Related Party Transactions of Raw Material Purchased for monthly closing.
•Product Pricing.
•Preparing Divisional Profitability Statement.
•Preparing Customer Profitability Analysis (

Key Responsibilities:
• Preparing monthly performance statements of the Trust
• Credit control & Debtors’ management
• Payroll administration
• Liaising with Banks and other financial institutions
• Liaising with external auditors of the Trust