Qaiser Rasheed

• Responsible for financial planning and performance evaluation across operating companies (OPCOS), delivering timely management reports, competitive benchmarking, and forward-looking financial analysis to support strategic decision-making.
• Directed group business planning processes, including long-term investment valuations, budgeting cycles, and capex reviews, ensuring alignment with Group's strategic goals.
• Participated in cost optimization and efficiency initiatives through benchmarking exercises, achieving measurable savings and improved operational performance.
• Built and maintained valuation models and financial forecasts to support accounting and goodwill impairment testing.

 Responsible for overall financial management of the Company including planning, reporting, treasury, budgeting, tax and implementation of internal controls.
 Developed and managed project / program budgets and financial forecasts, ensuring compliance with internal financial policies in funding project / program.
 Project budget follow-up, cost control, internal & external audits. Ensuring project / program operations are managed in a compliant and cost-efficient manner.
 Led financial risk assessments and implemented controls to mitigate risks in projects, ensuring financial integrity and compliance during internal and external audits.
 Responsible for day to day finance and accounts operations including set of accounts, closing of accounts, cost tracking, monitoring and controls.
 Responsible of preparation of monthly/quarterly/annual financial statements in accordance with accounting policies and international financial reporting standards and provisions and directives issued the Commission including external audit.
 Responsible for preparation of financial projections and annual budgets and quarterly forecast of the company including approval of BoD and Policy Committee.

Led the finance team including financial reporting, budgeting, accounting and financial operation.

All the secretarial matters of the Company including coordination with the Board and Audit Committee, minutes recording, coordination with SECP and
Stock Exchange for filing of periodical information, statutory returns and other allied matters.

Wateen Telecom is a converged communication services provider that fulfils connectivity requirements for B2B and B2C in Pakistan. Wateen Telecom delivers complete solutions for Internet, Voice, Multimedia and Enterprise Solutions in all major cities of Pakistan.

•Developed the overall finance strategy of the Company and its subsidiaries. Managed accounting, financial planning & financial operations for company with 2000+ employees.
 Responsible of preparation of monthly / annual financial statements of holding and individual subsidiaries in accordance with Group accounting policies and IFRS and provisions and directives issued by SECP etc.
 Working closely with leadership team for developing business strategies, annual budget and quarterly forecast. Monitored financial performance against budget with highlighting trends and analyzing causes of unexpected variances.
 Worked closely with cross-functional teams to reverse a downward trend in past-due account collections with better automated outreach over US$ 1.5m.
 Cost saving initiatives of US$ 100K achieved by reduction in share registrar fee, optimization of tax
consultant scope of work and insurance premium of fixed assets of the company.
 Ensured tax compliances, convinced telecom industry on Company’s view of IRU taxation (reduced substantial exposures). Reduced tax liability of company by US$ 1m in annual tax return.
 Recovered outstanding security deposit from carriers US$ 1m. Created visibility and recovered US$ 500K old bid bond money from customers. Adopted digitization and automation of workflows, cleansed long outstanding account heads of balance sheet.
 Optimized spend management, encouraged transparency, developed system-based reports to improve operational efficiency, established contract function, digitalized PO process, developed Procurement
policy and automation of ordering with inventory.
 Working closely with leadership team for developing business strategies, annual budget and quarterly forecast. Monitored financial performance against budget with highlighting trends and analysing causes of unexpected variances.
 Collaborated with product, technical, and customer care teams to provide regular insights and analysis. Analyzed product offerings and refocused the business on higher-profit business areas.

Transworld group (an ultimate subsidiary of Orascom) is a private sector set up with exclusive ownership to submarine fibre optic cable network and GPON in Pakistan.


• Responsible for development and implementation of inhouse consumer billing system. Optimized and redefined processes. Achieved 5% increase in cash inflows, reduced life cycle of invoicing to receipt by 20 days and 25% decline in customer’s complaints.
• Added digital online payment channels of easypaisa, jazzcash and 1link. Easing the hassle and achieving the next phase of customer engagement.
• Halted revenue leakage and recovered US$ 50K in unbilled claims.
• Delivered timely financial reporting and metrics to the board of directors, investors and management. Responsible for annual audit of the company’s financials.
• Developed operating and capital budget. Updated 3-year financial model and prepared quarterly forecast 3+3, 6+6, 8+4 forecast.

wi-tribe Pakistan limited, a telecom company, is a public limited company and former subsidiary of Ooredoo Qatar. The principal activities of the Company are to provide Long Distance & International (LDI) and Wireless Local Loop (WLL) service and Tower Sharing in major cities of Pakistan. The Company is operating with network of 700 towers and over 750 employees all over Pakistan.

• Led accounts, finance, billing and revenue assurance & procurement function. Worked closely with senior leadership team for developing business strategies, business plan, budget and forecast.
• Successful arrangement of proposal for project financing of US$ 100 million from consortium of banks.
• Key in closing of SPA of wi-tribe Pakistan in 2016. Responsible for overseeing the financial due diligence of the company.
• Developed tower sharing business plan. Key in mobilizing team for smooth transfer of 525 towers and allied equipment to buyer. Successfully closed transaction of sale of towers US$ 20m.
• Implemented Oracle financial software. Developed accounting / treasury / budget / procurement policies and procedure manual.
• Saved US$ 5m through cost optimization by renegotiation of contracts, optimization of BOQs, head count restructuring, Insourcing vendors services and infrastructure relocations.
• Key member of team that deployed LTE-Advanced network Capex US$ 7m in Pakistan in 2017.
• Led periodic company strategic planning processes ensuring timely and accurate outputs, incorporating sensitivity and risk analysis, and generating functional budgets and targets. Managed financial planning and budget for the Company with annual revenue of $30M+.
• Led the procurement function with annual spend over US$ 20m. Responsible for delivering continuous savings through new or improved supplier contracts and sourcing initiatives.
• Produced monthly financial reports for review by the Management and board of directors, as well as the group finance department. Supervised all daily, monthly, quarterly and annual accounting functions - a/p, a/r, bank reconciliations, account reconciliations, and general journal.
• Established internal control mechanism to manage financial accounts. Responsible for defining and managing cost centers by breaking them down in business level units and profit centers.
• Financial analysis, forecasting & reporting based on historical data, identification of various trends in customer bases, sales & churn. Subscriber usage & behavior analysis to maximize value and ARPU.
• Ensure compliance in accordance with applicable International Financial Reporting Standards (IFRS) and directives issued by SECP, Code of Corporate Governance etc. and global reporting best practices.
• Developed and managed the finance team, dashboards, scorecard and reports comprising insights and recommendations into business performance, trends and tracking of Key performance indicators (KPIs).
• Worked with commercial teams to develop and evaluate new businesses and business cases.
• Developed presentations on business reviews to the Executive and Board of Directors.

Company profile

Optimus Limited, a subsidiary JS Private Equity Fund LLC (JSPE) and franchise of Hertz International, is the largest operating lease company in Pakistan. The Company is operating with annual revenue exceeding Rs. 350 million with network of eleven offices and over 179 employees in all over Pakistan. The registered office of the Company is located at Karachi, Pakistan.

• Responsible for overall financial affairs of the Company including planning, reporting, treasury, budgeting, tax and implementation of internal controls.
• Arrangement of funds (SUKUK PKR 500 million mainly) and report on the liquidity status of the Company and interest rate risk and profit exposure of the Company.
• Key member of team that acquired majority shareholding of a Target Company. Obtained necessary approvals from SECP, post share sale purchase agreement due diligence, appointment of manager to offer.

Askari Leasing Limited, a second largest listed leasing company in Pakistan, was incorporated as Non Banking Financial Institution on August 1, 1993 and carries on the business of leasing mainly in the area of auto, consumer, machinery and equipment financing. The Company’s lease portfolio of in finance and operating lease is around Rs. 10 billion with ten branches and over 250 employees in all over Pakistan. The registered office of the Company is located at Rawalpindi, Pakistan.

• Member of the Head Office Credit Committee, Risk Management Committee and treasury committee leading active management decision of the company.
• Financial Reporting, forecasting, budgeting, tax, cash flow management, financial controls, tax compliance secretarial and Corporate Governance compliance.

Company profile

Dancom Pakistan (Pvt.) Ltd is a subsidiary of Dancom Telecommunication Malaysia, having its representation in more than 75 cities all over Pakistan with annual turnover of Rs 2 billion.

• Responsible for management report and budget analysis of respective regions on monthly basis.
• Financial statements of the Company in accordance with local laws and International Accounting Standards. Meeting the monthly deadlines for accounts closing (accounts review, accruals booking, capitalization, amortization and depreciation of assets.