Nisar Ahmed, CHIEF FINANCIAL OFFICER

Nisar Ahmed

CHIEF FINANCIAL OFFICER

Aasia Steel Factory Co Ltd

Location
Saudi Arabia - Dammam
Education
Master's degree, Finance
Experience
23 years, 4 Months

Share My Profile

Block User


Work Experience

Total years of experience :23 years, 4 Months

CHIEF FINANCIAL OFFICER at Aasia Steel Factory Co Ltd
  • Saudi Arabia - Dammam
  • My current job since July 2011

Team Leader Finance and accounts department
Reporting to the BOD and Chairman
Responsible For
-Financial Management
-Treasury Management
-Resources Management
-Compliance and I. Controls Management
-Banking and Funds Management
-Facilities and Working Capital Management
-Budgetary Management
-Long term and Short term Planning

Coordinating and negotiating with
- Banking and Financial Institutions
- Government authorities (Inc Regulators and Taxation Co law authorities)
-External Auditors
- Consultants and Financial and Legal Advisers
- Suppliers and Customers

Active Involvement in
Procurement management
Production management
Business development
Human Resources Management

Continued Professional development at Ebrahim & Co
  • Pakistan - Karachi
  • June 2003 to January 2013

Continued Professional development
June 2003 to Present
Attended course on Audit Methodology used by BDO International arranged by Ebrahim & Co
Chartered Accountants
Attended various seminars/courses organized by The Institute of Chartered Accountants of Pakistan
(ICAP) arranged by southern regional committee and Small & Medium Sized Practices Committee under Continued Professional Development program on audit analytical tools, Information System audits, audit methodology and International standards of accounting and auditing.
I have Conducted (in-house) seminars on IFRSs, International Auditing Standards and Companies Ordinance for audit trainees.

Head of the Internal Audit at Sindh Rural Support Organization
  • Pakistan - Karachi
  • January 2010 to July 2011

Proposing and advising the management on system of internal control
Ensuring the use of organizational resources in economical, effective and efficient manner.
Ensuring the compliance of SOPs, filing of the annual returns and checking other company law requirements.
Reporting on the financial and non financial information submitted to the Board.
Funds utilization and specific reporting on investments and fund management.
Revision of Standard Operating Procedures and reporting on adherence of the same.
Special investigation on the risk assessed areas of the organization and report on the control environment to the charged to the governance.
Identification of the business risk areas and development of the controls and check adherence thereon.
Identification of the potential investment avenues.
Other Assignments in Sind Rural Support Organization
a) Systems Coordinator in the flood relief operation
b) Proposal writing for the flood relief Project for the National and International donors including Government of Sind, UNICEF, World Food Program WFP, Care International Pakistan, USAID, UKAID and others
c) Reporting coordinator (reporting the relief project activities being implemented by SRSO.
Reports can be viewed on (www.srso.org.pk/reports/newsletters/ExclusiveFloodIssue) SRSO Flood relief Progress reports.

PROJECT COORDINATOR: GOAL IRELAND FLOOD RELEIF PROJECT SRSO.

Managing team of twenty persons' of monitoring & evaluation and internal audit department.
Monitoring and audit of programme and operational activities of Nine Districts of Sind SRSO

CFO at Alliance Investment Management Ltd
  • Pakistan - Karachi
  • January 2008 to December 2009

CFO at Alliance Investment Management Ltd
January 2008 - December 2009 (2 years)
ALLIANCE INVESTMENT MANAGEMENT LIMITED as CHIEF FINANCIAL OFFICER &
COMPANY SECRETARY.
I have been reporting to Chief Executive and Board of Director's.
My responsibilities Include active involvement in devising, implementation and monitoring the organizational internal controls as and when needed.
Preparing Investment strategies, identifying the potential investment opportunities for the company and fund under management.
Co-coordinating and Validating the information and reports submitted to State Bank of
Pakistan, Securities and Exchange Commission of Pakistan, Federal Board of Revenue, Stock Exchange and Central Depository Company of Pakistan on Behalf of the Company.
Responsible for the Preparation and presentation of the Financial Statements of the Company.

Manager Audit and Assurance Services at Avais Hyder Liaquat Nauman, Chartered Accountants
  • Pakistan - Karachi
  • July 2004 to December 2007

Manager Audit and Assurance Services at Avais Hyder Liaquat Nauman, Chartered Accountants
July 2004 - December 2007 (3 years 6 months)
My responsibilities included active involvement from the audit proposal to the signing of the audit opinion and preparation and reporting of management letter, planning, designing and implementation of control and substantive procedures and obtaining the required results.

Audit trainee at BDO Pakistan
  • Pakistan
  • January 2001 to January 2004

Audit trainee at BDO Pakistan
2001 - 2004 (3 years)
As an audit trainee started with verification of transactions, trend analysis and thereon application controls and other substantive procedures to build and validate the audit opinion including compilation, preparation of the audited financial statements clients, checking Financial Statements for compliance with IFRS, Companies Ordinance presentation and disclosure requirements.

Skills & Expertise
Report Writing, Coordination, Team Management, Internal Controls, Internal Audit
Financial Reporting, Financial Management, Auditing

Projects

Education

Master's degree, Finance
  • at ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS.
  • July 2003

FCCA SINCE 2015

Bachelor's degree, Commerce and Business Management
  • at ACCA
  • July 2000

Specialties & Skills

Budgeting
Bid Analysis
Team Management
Corporate Management
Treasury Management
ACCOUNTING
CLIENTS MANAGEMENT
FINANCIAL MANAGEMENT
FINANCIAL REPORTING
FINANCIAL STATEMENTS
INTERNAL AUDIT
INTERNAL CONTROLS

Languages

English
Expert
Arabic
Beginner
Urdu
Native Speaker

Memberships

Association of Chartered Certified Accountants
  • ACCA
  • September 2007

Hobbies

  • Travelling and Browsing