FRACTIONAL Chief Financial Officer
OBOX ACCOUNTING
Total years of experience :25 years, 1 Months
Over 21 years of extensive experience in Financial Reporting and Management, Accounting & Auditing, Costing & budgeting and Tax within the Hospitality Telecom, pharmaceutical, Manufacturing, Import, Media, real estate developers and Construction industries. Currently serving as a Fractional CFO at OBOX Accounting, Heading COUNTABLE software for Review Engagement Compilations, filing T1 T2 Individual and Corporation Tax returns (US & Canadian) for 126 CPAs. Alongside Running a successful Tax & Audit firm since 2017 with a portfolio consisting of over 500 top-notch clients across different industries and countries. Financial and accounting leadership roles, overseeing & budgeting for companies and business units generating an excess of $3 billion in annual revenue, Proven track record of developing and implementing effective budgeting strategies as a Consultant. Acknowledged for enhancing project profitability by implementing efficient internal controls, SOPs, and SLAs, Cash management, resulting in optimized project costs and boosted financial outcomes - Achieved 3 massive promotions within the last 2 years. Proficient in ERP systems such as Oracle, FMC, Sunsytem, NetSuite Opera and Munshi10, with a strong focus on financial management and strategic decision-making, forecasting and budgeting, using GAAP & IFRS, filing 10K 10Q and public listing compliances. Recent achievements include negotiating with Oracle NetSuite and complete implementation of the software at a US Pharmaceutical. Skilled in critical path analysis, project/segment cost analysis, and financial feasibility assessments for construction & hospitality projects. Showcased track record of boosting Golf Course & multi-million mixed-use projects (Real estate projects) GOP, cutting operational costs, and establishing impactful financial strategies and protocols to drive sustainable growth and operational efficiency. Illustrated proficiency in overseeing all aspects of largest Telecom company operations, including treasury and front desk management. Proficient in leading cross-functional teams and fostering a collaborative work environment to drive successful project outcomes, Inventory management, leveraging strong leadership, contractor management, HR/operations, and communication skills. Achieved a 34% increase in profitability at ENOC tiles through strategic cost reduction initiatives and revenue optimization strategies, business process re-engineering and financial models, resulting in a significant boost to the bottom line. Pursuing CPA in continuation to double Chartered Accountancies, obtaining SOCPA, extensive learning/training on KSA VAT, GOSI & Zakat regimes & standards.
WS-USA
GLOBAL DIASPORA CONFEDERATION (non-profit - government)
• Produce budgets for grant applications. Prepare financial reports and invoices for grants, both grantor and receivers.
• Management of all accounting functions and staf - accounts payable, accounts receivable, cash management, electronic banking / treasury, monthly reconciliations, and close monthly books timely for submission with IOM & board.
• Management of Financial Statements to be reviewed by Board of directors and running payroll and Annual audit.
• Prepare fiscal year detailed budgets and corresponding cash flow budgets, to be presented to the Board of Directors
PROGRESSIVE CARE INC USA (Pharmaceutical in Florida)
• FINANCIAL CONTROLER (Aug2020 to May2021) ENOCH INTERNATIONAL CHINA - Tiles manufacturing & export
Omantel (Oman), Largest telecom and multimedia cable public listed company
• I took charge of preparing and presenting monthly, quarterly, and yearly budget plans, which played a vital role in guiding our decision-making processes. By developing forecasts, analyzing variances, and providing recommendations for improvement, I helped steer our programs/accounting systems and initiatives in the right direction.
• Ensured data integrity within the ERP system (Sage 300) for accurate business reporting. Reviewed the Accounts payable, Receivables, Cash management, treasury/banking, documentation and Tax ensuring eficiency and savings for company.
• One of my major achievements was driving significant top-line growth, increasing our revenue from 60 million to 500 million through strategic mergers and acquisitions. I accomplished this by meticulously developing financial spreadsheets, analyzing data, and providing strategic direction in line with our organizational goals
• Implemented robust internal controls, standard operating procedures (SOPs), and service level agreements (SLAs) across various project phases, including tendering, negotiation, approvals, and payments. Conducted project cost analyses and directed cost containment initiatives, resulting in a 15% reduction in project cost disbursements with huge saving in contracts
• Compilation of Recommendation Implementation Status Summary (RISS) and preparing reports to monitor the progress of planned audit assignments; Direct, counsel, and instruct staf assigned to the engagement regarding engagement procedures to be used; Ensure compliance with the laws, rules, regulations and the Companys Policies and Procedures, recommending governance measures To mitigate risks and managed cash flow statements.
• I was responsible for calculation of gross pay and managed operating expenditures while developing and managing project budgets, balance sheets and cash flow projections. Administered all aspects of finance, accounts, Assets, Imports, audit, tax, secretarial duties, and banking activities / reconciliations for mixed use developments.
• Prepared and reviewed monthly, quarterly, and annual tax returns, managing various tax cases, and guided a team during periods of rapid growth driven by acquisitions and
DAMS)
• Supervised a team of two accountants, working closely with project teams and subcontractors to manage financial analysis, audits, and accounts management in line with industry standards. Collaborated with project teams to develop predictive models for project forecasting and establish project budgets.
• I build and maintain relationships with external partners like banks and auditors to improve overall financial performance. Analyzed monthly and project variances, supervised budgets, and controlled change management financial accuracy and adherence to budget limits. This initiative resulted in a notable 65% decrease in over expenditure, contributing to enhanced financial stability and eficiency within the organization
• Prepared reports on financial insights and share them with the wider business, consulting with management to develop long term commercial plans and suggest budget adjustments, as well as explored investment opportunities and creating financial models and forecasts to support decision-making
• Implemented a Management Information System (MIS) using QuickBooks, revolutionizing our financial reporting capabilities. Revamped the General Ledger (G/L), financial systems, reports, and schedules to enhance reporting.
• Being External auditor, my responsibilities encompass conducting statutory audits and half-yearly reviews, while also managing tax-related matters. I diligently examine/investigate financial statements, ensuring strict adherence to local laws, regulations, and international financial reporting standards (IFRSs) adopted in Pakistan. With a focus on precision and accuracy, I have successfully completed numerous industry-specific audits, providing clients with error-free statements and maintaining a consistent 100% compliance rate.
THE WAPPING PROJECT LONDON UK (Restaurant/Media company)
WORK EXPERIENCE
CPA with 20 years experience
double chartered accountant
URL removed due to policy violation. Please contact support for further information.