Saad Masood, Financial Advisor

Saad Masood

Financial Advisor

Power International Holding

Location
Qatar - Doha
Education
Master's degree, Financial Reporting, Financial Management, Budgeting
Experience
17 years, 9 Months

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Work Experience

Total years of experience :17 years, 9 Months

Financial Advisor at Power International Holding
  • Qatar - Doha
  • My current job since November 2023

• Supervise the timely creation and presentation of accurate financial reports, ensuring compliance with accounting standards. Provide transparent and reliable financial information to stakeholders.
• Lead finance team, foster collaboration with cross-functional teams to achieve financial objectives aligned with business strategies.
• Lead the development, management, and execution of financial plans, budgets, and forecasts. Conduct in-depth analysis of financial data to offer insights into the company's performance.
• Collaborate with executives, providing financial guidance for strategic decisions based on analysis to optimize resource allocation and achieve organizational goals.
• Implement cost controls, identify operational efficiencies, analyze budget variances, providing recommendations for improvement.
• Manage cash flow, liquidity, and working capital to optimize financial efficiency.

Head of FP&A, Internal Audit & US-HR at Mobilelink (AT&T) USA
  • United States - Texas
  • May 2021 to June 2023

-Established FP&A Function in the company and hired qualified professionals in the department.

- Helped the team to draw up financial feasibility & profitability models for various business units and divisions and helped them develop such reports which oversee a wide array of financial affairs that included financial statements, capital expenditures, expenses, taxes, payroll, incentive plans and their overall effect the company’s growth and profitability.

-Highlighted business segments which required operational improvements or further investment.

-Developed financial modelling plan to foresee the profitability of upcoming branches.

-Established Internal Audit and Compliance department. Hired qualified professionals in the department. Helped internal audit team to develop audit pragrammes for all the areas of finance including payments, receipts, fixed assets, inventories, revenues, commission incomes, commission expense, payroll, post-employment benefits, tax computations, etc.

-Ensured compliance of US GAAP, federal, state and local regulatory, statutory and tax laws. Ensured compliance of company policies across all the divisions, branches, regions.
Headed the US HR Operations & payroll teams covering 600+ franchises of AT&T with 3000+ employees of different nationalities across 50 US states.

-Operations included core human resource functions of onboarding, training, branch-transfers, promotion, demotion, pay-raise, terminations, absence management (paid time off ‘PTO’, bereavement, judiciary pay and other leaves according to FMLA), payroll (including minimum wage, pro-ration, off-cycles, over time, bonus, garnishments, incentives according to FSLA.), monthly, quarterly and annual performance appraisals. Re-designed SOPs of HR operations especially onboarding and performance appraisals, promotions, pay raise and incentives.

-Re-Organized Payroll Processing to smoothen the overall process and ensure timely payments through regular pay-cycles in ADP and off-cycles where required. Streamlined benefits management (medical, dental, vision, 401k etc.) through regular reconciliations between ADP & TBX.

-Helped functionally in the implementation of Oracle Fusion Cloud (ERP) in Finance and Core HR & Payroll domains.

Group Head of Finance - GCC Region at Paramount Group of Companies - Dubai
  • United Arab Emirates - Dubai
  • July 2019 to March 2021

-Responsible for Overall Finance Function including Strategic Financial Planning, Financial Reporting & Financial Analysis

-Reporting directly to Board of Directors.

-Advising on the Growth of Revenues and Streamlining of Costs.

-Devising Financial Strategies for Long Term Stability & Growth.

-Liaising with Company Bankers, Auditors, Government Bodies and other third parties.

-Advising Branch Heads & Country Heads on financial and legal matters.

Financial Controller at deals on wheels
  • United Arab Emirates - Dubai
  • July 2018 to June 2019

Responsible for Overall Finance and Accounting Function including the following:

-Providing leadership, direction and management of the finance and accounting team

-Outlining overall Internal Audit Function
Providing strategic recommendations to the CEO and members of the executive management team

-Reviewing VAT returns before submission

-Reviewing all formal finance, HR and IT related procedures

-Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting

-Advising on long-term business and financial planning

-Establishing and developing relations with senior management and external partners & stakeholders

-Designed the workflow system for the Internal ERP of the company and integration between CRM, Inventory, Finance & other modules

General Manager Finance at AL Khan Real Estate
  • United Arab Emirates - Dubai
  • July 2015 to June 2018

-Developed a team of talented brokers & trained them regarding the real estate regulations Devised marketing strategies to get maximize the revenue.

-Planned timetables and workflow for brokers.

-Designed and documented step by step sales and leasing process in accordance with the legal and market requirements.

-Devise a system of check and balance on brokers day to day activities.

-Helped manager to setup key performance indicators for brokers.

-Use of IT to smoothen daily operations.

-Implementation of accounting system to report P & L, daily sales / deals & commissions.

Finance manager at Elevation Burger
  • United Arab Emirates - Dubai
  • March 2013 to June 2015

Defining financial strategies for the company

-Completing incomplete accounting and related books

-Products costing & pricing

-Setting up revenue & cost budgets, reviewing and control

-Cash flow management

-Financial feasibility & financial modelling of new branches

-Monthly, quarterly and Annual financial statements (as per IFRSs)

-Implementation of ERP system and integration with POS

-Supervising preparation of complete set of books of accounts including receivables, payable, purchases, sales and cashbook.

-Reviewing of all contracts and advising on them

-Negotiating with banks for loans and settlements.

Founder & CEO at Big Four Experts Academy
  • Pakistan - Karachi
  • November 2008 to April 2013

-Founded Big Four Experts Academy with savings that I made from my stipends & converted it into a profitable business institution within a short span.

-The Academy engaged in providing quality education to students of various Professional Accountancy disciplines especially CA (ICAP) & ACCA.

-The project demanded extra ordinary Financial & Business Management skills and also increased my exposure in the field of Marketing.

-The dynamic leadership qualities helped in formulating a professionally qualified and experience faculty which includes FCAs, ACAs, ACCAs and some famous book authors as well. Many students who had the last attempt to clear a paper were able to pass with flying colors. Acted as the lecturer and maker of study material in accordance with International standards and the Institute of chartered Accountants of Pakistan syllabus:

Financial Accounting & Reporting • Management Accounting • Mercantile Law • Company Law • Audit • Taxation • Financial Management etc.

Audit Senior at KPMG Taseer Hadi & Co. Pakistan - Karachi
  • Pakistan - Karachi
  • April 2006 to November 2010

-Statutory audits including analysis and reviewing of financial statements of various industry clients. Scope of work including ensuring compliance with management policies, identifying weaknesses in the system for potential risks and examining financial statements, ensuring compliance with National and International. Reporting Frameworks, primarily comprising of International Financial Reporting Standards (IFRS).

-Internal audits with KPMG approach. Core responsibilities included planning risk assessments, understanding business, scoping and assessing key risks, development of Improvement plans.

-Compilation of financial statements in accordance with IFRS as applicable in Pakistan and Companies Ordinance 1984 while assessing various areas of Financial statements such as consolidation, financial instruments, share based payments, employee benefits, taxation etc.

Sectors worked in: • Commercial and Investment Banks • Brokerage Houses • Mutual Funds • NGOs • Pharmaceuticals • Logistics

Commercial Banks

1-Bank Al-Habib Limited
Annual Audit
Complete Analytical Review of Financial Statements & Detailed Audit of Deposits

2-Faisal Bank Limited
Annual Audit

Full Detailed Audit Procedures on Advances

3-Soneri Bank Limited
Interim Review
Complete Analytical Review of Financial Statements

4-Oman International Bank
Interim Review
Complete Analytical Review of Financial Statements & Detailed Audit Procedures on Advances

5-MCB Bank Limited
Credit Review
Credit Review of Advances

6-Meezan Bank Limited
Credit Review
Credit Review of Advances

Investment Bank

7-First Dawood Investment Bank Limited
Interim Review

Audit of Lease and Mortgage

Brokerage Houses

8-Global Securities Limited
Annual Audit

Overall Audit Work as a Job In charge

9-Al-Habib Capital Markets (Pvt.) Limited
Annual Audit
Overall Audit Work as a Job In charge
Mutual Funds

10-Pakistan Capital Market Fund
Annual Audit

Overall Audit Work as a Job In charge

11-Pakistan Stock Market Fund
Annual Audit

Audit Procedures on Investments & Related Gains

12-Pakistan Income Fund
Monthly Compliance
Compliance of NBFC Regulations

13-Pakistan Premier Fund Limited
Interim Review
Audit Procedures on Investments & Related Gains

14-Arif Habib Investments Limited
COCG Compliance
Complete Compliance Procedures

NGO
15-American Business Council of Pakistan
Annual Audit
Overall Audit Work as a Job In charge

Pharmaceuticals / Manufacturing
16-Pfizer Laboratories Limited
Annual Audit

Audit Procedures on Sales & Cost of Sales

17-Parke Davis Limited
Annual Audit
Audit Procedures on Sales & Cost of Sales

18-Pharmacia Pakistan Limited
Annual Audit
Audit Procedures on Sales & Cost of Sales

19-Searle Pakistan Limited
Stock & Cash Count
Audit Procedures on Stock & Cash Count

20-Ghani Glass Limited
Stock & Cash Count
Audit Procedures on Stock & Cash Count

Logistics
21-Kuehne Nagel (Pvt.) Limited
Interim Review
Non-Current Assets & Deposits

Others
22-Pakistan Private Equity Management Limited
Annual Audit

Overall Audit Work as a Job In charge

23-Century Insurance Limited
Annual Returns
Verification of Annual Returns

24-Al-Tuwairqi Steel Mills
Recruitment Assignment
Recruitment of Management Designations for Steel Mill

Education

Master's degree, Financial Reporting, Financial Management, Budgeting
  • at ACCA Global
  • March 2022
Master's degree, Financial Reporting, Financial Management, Corporate Laws, Taxation
  • at ICAP - Karachi
  • November 2010

Specialties & Skills

Accounting
Auditing
Finance
ACCOUNTING
US GAAP
Financial Management
Tax Planning
ADVISING
Tax Computations
MANAGEMENT
Corporate Laws
Internal Audit
Internal Control & Documentary System
Business & Industrial Laws
International Financial Reporting Standards
Financial Statements Audit
Financial Planning & Analysis (FP & A)
AUTOMATIC DATA PROCESSING SOFTWARE (ADP)
ERP Implementation

Languages

English
Native Speaker
Urdu
Expert
Arabic
Expert
Hindi
Expert

Training and Certifications

Presentation Skills Training Course (Certificate)
Real Estate Laws - Dubai (Certificate)
KPMG Audit Training (Certificate)
ICAP Articleship (Certificate)
Office Automation (Certificate)