Projects Financial Controller
QAPCO
Total years of experience :28 years, 0 Months
Responsible for 6 Billion US Dollars Al Sejeel Joint Venture Petrochemical Project.
Periodic/Annual financial closure, statutory accounts, timely management reporting, budget, forecast, cost controls, internal and external audit compliance.
Compliance with the financial standards (IFRS), internal controls, local taxations.
Treasury operation management, banks loans, finance and LC management.
Project development phases experience including pre-feasibility, feasibility, FEED and EPC.
Part of project to work with Engineering, Contracting, legal, HR & finance teams.
Engagement with JV partners/other stake holders to develop working relationship.
JV Cash Calls, cash projections and bank accounts reconciliation.
Working with project finance consultants as a focal point.
Responsible for internal, MOF and JV partners audits.
Analyzing value of work done (VOWD, ETC, EAT and Commitments) at the end of month.
Finance team management.
Responsible for US $ 548 million project of Doha North Sewerage and associates work.
Manage the processing and entry of all the raw data required for management and financial reporting at divisional level (e.g., actual, budget, forecast) and the production of robust periodic management reports.
Quarterly project financial closing and review of funding for completion of targets.
Provide a comprehensive financial and accounting advice service to principal cost centre managers.
Manage the preparation of cash forecasts/working capital and provide accurate input into project cash forecasting.
Provide day-to-day finance support of management of expenditure-revenue projections to ensure the production of comprehensive and timely period end results.
Review the periodic management accounts for accuracy and sensibility whilst challenging the key assumptions included in the forecast and budget.
Analyse performance against financial targets, and monitor performance and delivery against non-financial targets.
Treasury management and placement of excessive funds at profitable market rates.
Produce the detailed budgets and plans.
A multinational group involved in large construction, blasting works & enabling projects in Qatar- www.nlc.com.pk
Researching and channeling company into lucrative investment avenues, liaising with financial consultants / institutions and external auditors when required.
Formulating, implementing and auditing adherence to financial standards, policies and procedures.
Analyzing financial data, extracting and defining relevant information, interpreting data for the purpose of determining the financial performance, participating in strategic planning, and formulating long-term business plans.
Reviewing and evaluating cost-reduction opportunities, researching and reporting on factors influencing business performance, and performing competitor analysis.
Preparing operational and capital budgets, conducting feasibility studies and effecting project cost control measures, preparing financial results for submission to the management.
Verifying company accounts and reconciling balance sheets, ensuring credit limit is not exceeded, overseeing budgetary control, monitoring cash flow, and liaising horizontally and vertically across the organization.
Maintaining day-to-day financial control of the service within budget, ensuring that all finances are properly administered and monitored, including credit control.
Supervising the preparation of financial reports, guiding investment activities, and executing cash-management strategies, recording and organizing data and its documentation.
A multinational group of companies, in EPCC, LPG, CNG, & Oil Exploration - www.petrosin.com
Responsibilities:
• Managed the financial services division in compliance with the company’s financial policies, procedures and financial standards, supervised all accounts function, procedures and financial standards.
• Coordinated with the accounting team to prepare annual operational and capital budgets, in view of financial trends and long term strategic plans.
• Completed monthly and quarterly financial statements, and annual external / internal audits, in coordination with auditors, supported the company’s divisions in Pakistan, and conducted divisional profitability analysis on them.
• Represented the group manager on legal and policies implementation matters, and ensured effective communication with senior management.
• Reviewed and analyzed cash flows to optimize funding and equity investments, monitored the utilization of operating capital highlighted risks and ROIs.
• Ensured smooth completion of statutory, internal and tax audits, processed monthly payrolls, and handled the training of newly appointed accounts associates for the company.
Family owned company for supply of raw construction material.
• Oversaw and controlled all the financial functions of the family owned company.
• Prepared financial statements, processed payroll, tax filling, analyzed business trends and daily operating controls.
• Monitored spending versus return and initiated strict cost containment approaches.
• Performed a full spectrum of accounting functions including audit testing for numerous financial accounts, test of controls, evaluation and documentation of accounting system.
• Provide external audit support & supported staff of four responsible for accounting, administration, purchasing, and secretarial functions.
CMA Finalist - One paper of Financial Management - www.icmap.com.pk
-First Division(817/1300).