Muhammad Ahsan Masood, chief financial officer

Muhammad Ahsan Masood

chief financial officer

Eurobiz Corporation

Location
Saudi Arabia - Riyadh
Education
Higher diploma, Internal Audit
Experience
16 years, 5 Months

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Work Experience

Total years of experience :16 years, 5 Months

chief financial officer at Eurobiz Corporation
  • Pakistan - Lahore
  • July 2022 to April 2024
Chief Financial Officer at Eurobiz Corporation
  • Pakistan - Lahore
  • February 2023 to April 2024

(Grand City Housing Society) Chief Financial Officer (10 February 2023 to 30 April 2024) Grand City Housing Society is one of the prestigious names in Real Estate Sector and currently has four projects in different cities including Kharian, Arifwala, Faisalabad and Vehari of International Living Standards. Duties Included: My major responsibilities cover Preparation of Management Accounts, Financial Planning, Budgeting, Corporate Strategy including Sales and Recovery Plans, Working Capital Management, managing companys financing, Cloud based ERP Implementation, Dealers and Investors Accounts, Income Tax and Punjab Sales Tax matters, Anti Money Laundering etc.

Head of Customer Services Department (CSD) at Eurobiz Corporation
  • Pakistan - Lahore
  • September 2022 to February 2023

My major responsibilities cover Preparation and monitoring Overall Synopsis Report of both Phase wise & Sectors wise Plans and Receivables, Recovery Plans, improving customers/members account collections, Cloud based ERP Implementation of CSD Module, Dealers and Investors Accounts, Investors Settlements & adjustments, Members Receivables Aging Reports, Balloting, Merging and Swapping Manuals & Procedures, Members Payment Plans Authorization, Oversight and monitoring Files Issuance, Transfer & Record Section, Members Files Management, Call Center Management, Customers Complaints handling and resolutions, oversight of Files submission procedures, Controls implementations and monitoring over Installments Collections etc.

Chief Internal Auditor at Eurobiz Corporation
  • Pakistan - Lahore
  • July 2022 to August 2022

My major responsibilities cover planning and conducting Internal Audit (pre-audit) of transactions at all locations (Head Office, Site Offices Kharian & Arifwala), review and recommend processes to Managing Partners for value addition and improvement of Governance, Risk Management and Controls. Professional Experience

Senior Manager Internal Audit at Six B Food Industries PVT (Ltd)
  • Pakistan - Lahore
  • May 2020 to July 2022

segments of Beverages & Instant Drinks, Confectionery and Culinary items. I got appointed as Senior Manager Internal Audit by Board of Directors and performed the following functions / responsibilities: - Duties Included: My major responsibilities are designed in the light of duly approved Audit Schedule by BOD. The scope of work includes planning, execution and reporting of Internal Audit Reports to BOD for all business processes and functions especially focusing on red flags and high risk areas of multi-dimensional organization.
Professional Experience

Chief Internal Auditor at Cattle Market Management Company (LDCMMC)
  • Pakistan - Lahore
  • May 2017 to May 2020

Company established with the mandate to organize, manage, and operate cattle markets in Lahore Division. I got opportunity to work as Chief Internal Auditor by Board of Directors and performed the following functions / responsibilities: - Duties Included: My major responsibilities are designed in the light of Code of Corporate Governance for Public Sector Companies. These includes pre-audit & vetting of contractor / vendor bills and other administrative / marketing / financial expenses payments, designing scope of work for post audit, performing audit engagements and reporting to Board of Directors in the light of duly approved Audit Program by Board of Directors. Professional Experience

MANAGER INTERNAL AUDIT at Army Welfare Trus
  • Pakistan - Lahore
  • December 2015 to May 2017

covering Real Estate, Aviation, Lubricants, Insurance, Security, Sugar Mills, Apparel etc. I have served in two Business Units of AWT comprises of the following:-
• Askari Development & Holdings (Pvt.) Ltd. (State of the art Mega Corporate Offices Project at Main Boulevard Gulberg Lahore)
• Duties Included: My responsibilities included pre-audit & vetting of contractor / vendor bills and administrative expenses payments, designing scope of work for post audit, overall project cost control & variance analysis.
• Askari Apparel (Woven Garments Manufacturing Unit)
• Duties Included: My responsibilities included pre-audit & vetting of suppliers / vendor bills, analysis of pre-order and post order cost sheets, business process review.
Professional Experience Global Mechanical Electrical and Contracting

Assistant Manager Finance at AJM Kooheji
  • Bahrain - Manama
  • June 2015 to August 2015

(Management Information Reporting) (1 6th June 2015 to 1 6th August 2015) AJM Kooheji Group B.S.C. (c) is one of the most renowned business powerhouses in Bahrain today. The group has diversified into 12 strategic business units, dealing in diverse fields in manufacturing, contracting, distribution & retail, education, investments, contracting company named Global Mechanical and Electrical Contracting (GMEC). Duties Included: Being the Assistant Manager Finance - Management Information Reporting my responsibilities included overall Division Budgeting and Forecasting, Projects Budgeting, Projects Cash Flows Management, Projects Contracts Review and Maintenance, Projects Costing Management and Projects Creation in Software ACCPAK, Accounts Receivables and Payables Management, Projects Revenue Recognition and Management, MIS Reporting to Top Management, Analytical Review of Actual Results with Budgeted Figures etc.

Professional Experience Defence Housing Authority (DHA) Lahore

MANAGER INTERNAL AUDIT at Defence Housing Authority Lahiore
  • Pakistan - Lahore
  • May 2011 to June 2015

commercial development in Pakistan with the biggest setup of its kind in Asia. Duties Included: Being the Manager Internal Audit my responsibilities included preparation and designing of scope of work, planning, execution and reporting of internal audit to executive management of DHA of all the companies fall under the umbrella of DHA.

EXTERNAL AUDITOR at Ernst & Young
  • Pakistan - Lahore
  • December 2005 to July 2009

(AUDIT ASSOCIATE): AUDIT AND ASSURANCE DIVISION (Dec 2005 - 31 st
July 2009) During the course of my stay in Ernst & Young Pakistan as External Auditor (Audit Associate), managed to grow independently and professionally in Audit & Assurance Division and Transaction Advisory Services Division. AUDIT AND ASSURANCE DIVISION During my training tenure in Audit and Assurance Division at Ernst & Young Global Limited, Lahore as External Auditor (Audit Associate) I have had variegated experience of statutory external audit, internal audit, review assignments and other accounting/ auditing related services in different sectors including mainly manufacturing, NGOs and service sector organizations. INTERNATIONAL EXPOSURE - ERNST & YOUNG RIYADH OFFICE (KINGDOM OF SAUDI

Education

Higher diploma, Internal Audit
  • at The Institute Of Internal Auditors In Australia
  • January 2024
Higher diploma, Accounting
  • at CA Finalist from The Institute of Chartered Accountants of Pakistan (ICAP)
  • August 2005
Bachelor's degree, B.Comm
  • at University of the Punjab
  • August 2002
High school or equivalent, General Science
  • at Government College
  • August 2000

Specialties & Skills

Auditing
ANTI MONEY LAUNDERING
BUDGETING
FINANCIAL PLANNING
AUDITING
MANAGEMENT
SALES TAX
BUSINESS PROCESS
ACCOUNTING
INCOME TAX

Memberships

The Institute of Internal Auditors
  • Internal Audit
  • January 2024
The Institute of Internal Controls
  • Internal Controls
  • April 2010