Chief Financial Officer / Acting Chief Operations Officer
EPC (Tamimi Group Company)
Total years of experience :24 years, 10 Months
EPC (Electrical & Power Contracting Company) is a Saudi company and part of the Tamimi Group of Saudi Arabia. EPC is engaged in Electro Mechanical Contracting/ and Industrial Trading, Manufacturing, Retail, Telematics and F&B. EPC has 4 offices with further growth scheduled across Saudi Arabia. A start-up entity from 2015, the firm has achieved break even by the end of 2016.
Responsibilities:
• Reporting to the CEO and Board of Directors and managing 5 direct reports and 50 indirect reports, responsible for the leaderships of finance, accounting, administration and human resource management for the group of companies comprising:
o Contracting & Industrial Trading, Saudi Arabia
o Telematics solution & services, Saudi Arabia, Bahrain and Pakistan.
o Bottled Water Factory, Saudi Arabia
o Food Trading, Bahrain
o Industrial Catering & Restaurants, Bahrain
o Spare Parts Dealership of Fords & General Motors, Saudi Arabia
• Took company from start up to commercialisation and managed the finance, administration, procurement, human resources, legal and commercial operations.
• Human Resource Management including recruitment and selection, labour law management, GOSI & Nitaqat laws adherence and payroll.
• Tax and Regulatory Management for the Group including VAT, Zakat, GOSI and banking laws and implementation of VAT in Saudi Arabia.
• Preparation of feasibilities for business opportunities in Saudi Arabia and execution of two projects comprising Telematics & Industrial Trading. Undertaking M&A for the bailing out of a distressed business unit.
Worked as CFO of Callem group consisted of four (04) L.L.C. companies. The Group is involved in Channel Distribution of Zain & Virgin telecom products throughout KSA via Retail Outlets. Company also operates its branded outlets for sale of Handsets & devices. Company is also providing Fleet management solution. Reporting to CEO.
(I left because company was unable to process Iqama due to legal issues)
Pak Gulf (PGCL) is a Construction company engaged in building & operation of a Multi-use tower project including a 5 Star Hotel, Shopping Mall, residential units and corporate Offices. Approx total cost is USD 0.7 Billion. Responsible for the overall internal audit function of the Company, Reporting to the Board of Directors.
Also worked as Acting CFO for six months.
Duties & Responsibilities:
• Prepare Internal Audit Manual and reviewed all polices & procedures of the company for improvement.
• Directs audit staff in the planning updating comprehensive risk based audit plan, organizing, directing and monitoring of Internal Audit operations, including assisting in hiring, training and evaluating staff.
• Identification and evaluation of the organization’s risk exposures.
• Appraises adequacy/ suitability of internal control systems.
• Review of policies and procedures and communicating suggested changes to the BoD.
• Ensures constant compliance with established internal control procedures established by senior management by examining records, reports, operating practices, and documentation. Proactively promote effective internal controls to mitigate the risk of fraud and error
• Verbally communicate the results of audit to the Board of Directors, draft & submit comprehensive and complete reports of audit.
• Monitor and follow-up the corrective actions taken by the management in response of the recommendation given in the internal audit report.
• Focus on the financial, tax, treasury and IT areas of the business
• Coordinate the internal audit effort with those of the company external auditors
• Ensure that senior management and board are aware of current issues related to all areas covered by internal audit department including financial controls, corporate governance and internal audit matters.
• Lead or manage internal investigations in accordance with the company policies, protocol in cooperation with the legal counsel.
Mian Livestock Farms is engaged in Agriculture business in Pakistan. Mainly involved in “environmentally controlled poultry farms”, “Dairy farms” and agriculture farming. Completed a green field project of “Environmentally Controlled Poultry Farm” and handed-over the Key to company after completion of project. Mainly following tasks are carried out;
Responsibilities:
• Feasibility study & arranged required License from Govt.
• Supervised Civil Works,
• Procurement & Installation of plant & Machinery,
• Test-run of equipment,
• Appointment & Training of Staff, &
• Designing of internal controls
The company is a leading Bahrain based telecommunication service provider with operations across the Africa. Reporting to the Board of Directors
Responsibilities:
• Overseeing matters pertinent to finance and accounting across the group, managing the group's financial system across the country and ensuring the proper administration of associated systems.
• Developing complex finance models, performing pricing, competitor analysis and assessing the financial implications of existing ventures.
• Formulating financial strategies, interpreting financial information, performing business forecasting, monitoring performance and efficiency of financial models.
• Analyzing change, conducting risk assessment, formulating long-term business plans in addition to researching and reporting on factors influencing business performance.
• Preparation and presentation of financial statements according to International Financial Reporting Standards and relevant statutory requirements of the country.
• Formulating the annual budget, performing variance analysis, assuming charge of overall activities of the finance and accounts department in addition to preparing monthly reports for presentation to Group management and BOD.
• Liaising with financial auditors and ensuring all activities and operations were being carried out satisfactorily in compliance with local regulations and norms.
The company is a leading cost and management accounting practice based in the country. Reported directly to the Partner of the firm.
Responsibilities:
• Prepared and presented financial statements according to International Financial Reporting Standards and relevant statutory requirements of Pakistan.
• Played an active role in planning the audit procedure, designing of audit programs, design, documentation, review and analysis of accounting and internal control systems of organizations.
• Reviewed and analyzed cost accounting procedures applied for the treatment of each case and facilitated economic analysis on all matters of financial impact for the relevant business.
• Amassed a high level of proficiency on the intricacies and application of the Companies Ordinance 1984 and its requirements as to financial reporting and corporate norms in addition to the requirements of Code of Corporate Governance enforced by the SECP.
• Maintained company policies and practices, analyzed financial results and provided the management with a clear understanding of financial performance and its implications.
The company is among the big 4 Audit firms. Served in the capacities of a Auditor / Senior Auditor.
Key Clientele by Industry:
Energy & Natural Resources:
• Occidental Petroleum Pakistan Inc.
• Foundation Gas.
Manufacturing Industry:
• Murree Brewery Company Limited.
Financial Institutions:
• Askari Commercial Bank Limited.
Non-Government Organizations:
• National Rural Support Program.
• International Rescue Committee - Pakistan
• Sarhad Rural Support Program.
• Sungi Foundation.
• Mercy International.
Government Organizations:
• Overseas Employment Corporation.
• Army Welfare Trust.
Telecommunication Industry:
• Pakistan Mobile Company Limited, A subsidiary of Orascom,
• Zamooq Private Limited, A payphone Service Provider
Provident & Gratuity Funds:
• Murree Brewery Company Limited
• Foundation Gas
Others:
• Al-Ghazi Travels (a project of Army Welfare Trust)
• Blue Lagoon Restaurant (a project of Army Welfare Trust)
• OEC Travels
• AWT Tower
Highlights:
• Involved in specific reporting to Group auditors of various multinational companies.
• Reviewed different agreements in Oil and Gas industry like the Petroleum Concession Agreement, Joint Unit Management Agreement, Crude Oil Sale Agreement and Gas Sales Agreement.
• Obtained comprehensive know-how about general accounting principles applicable to the petroleum industry, joint venture accounting and common office cost allocation.
Membership No. R-9228
Member ship # M 1485 Got Full Membership in September 2014
Bachelor in Commerce
