Zubair Waheed

Swisstex Chemicals Pvt. Ltd, agent of Huntsman Corporation an American Company in Pakistan deal in Dyes and Chemical Manufacturing with annual worldwide turnover of US$ 13 billion, and local sales revenue of US $30 million annually in Pakistan)

Presently Working

Jobs description:
•Develop and monitor strategies for ensuring the long term financial viability of the organization
•To assist BOD for new ventures, projects, business negotiation and decisions
•To comply with IFRS, SECP for all financial reporting and statutory requirement
•Sets forth objectives, develops procedures for budgeting systems and Inventory management
•Treasury Functions, Company Investments and Capital Budgeting
•Dealing with Government department like Income tax, Sales tax, excise, customs and others external agencies and filing of all taxes returns to CBR and other related authorities.
•Overall responsible for Payroll, PF trust and retirement benefits
•As the Head of IT department, implemented performance measurement tools used in the supply chain, including MRP planning, inventory evaluation and productivity monitoring
•Ensure smooth Networking operations, LAN infrastructure, Emails servers, Internet, Intranet, WIFI and ORACLE ERP systems and servers and administration, trouble shooting and maintenance of all computer equipment and software within the organization
•Heading Finance Department and managing all functions of Finance department

Achievements

•Highest EBIT in 8 years and largest positive operating cash flow with 0% utilization of RF facility
•Implement Oracle Financial & Supply chain modules and developed more than 100 customized business and Financial reports
•Meet targets of sales with 20% consecutive growth. Inventory and Debtors reduction 30% and 25%
•Cash awards for saving in Taxations and Effective Treasury Management
•Setup of IT department with robust real time process and networking

Reporting to Director Group Finance in UK, Technical Director GMS Pakistan and Corporate Risk Director UK
Total business turnover in Pakistan USD 200 Million yearly and globally US$ 23 billion

Job description

•Overall responsible for Finance department functions, group reporting and statutory compliance
•Implementation of financial & supply chain system after mergers in BPCS, Site Rationalization of Glaxo Welcome and SmithKline Beecham
•Direct and control sites’ activities related to Production, operations and supply chain
•Develop Finance & Accounting system ensuring sound system of Internal Control in line with Corporate Governance, SOX, IFRS, GSK group standards and policies
•Responsible for Budgeting and standard preparation process and coordination with Group, Cross functional teams for finalization of Budgets and dissemination of same to Region/Area Finance
•Monitoring the performance of Global Strategic Initiatives like, Operational excellence, Lean Sigma, Network rationalization and logistics, tracking of benefits/synergies
•Supervise & support functions in identifying Business Risk and its mitigation plan (as Risk coordinator for GMS), Business continuity Plan, embedding corporate governance by developing SOP’s, documentation for finance and Non financial areas
•Developed different systems after Merger mainly Standard costing system, General ledger application in JD Edward Financials covering Chart of Accounts, Accounts Payable
•Developed different systems after Merger mainly Standard costing system, General ledger application in JD Edward Financials covering Chart of Accounts, Accounts Payable, Consignment Costing, Fixed Assets and others
•Dealing with Government department for Income tax, Sales tax, excise & customs
•Supervise Group audits, Internal audits and External Audits
•Provide financial expertise, advice and credible input to decisions to the Site Directors, Marketing colleagues, Business managers and business support functions
•Member of Site Leadership teams, Baseline teams for Lean Sigma, Operational excellence and cross functional project teams for system improvements, minimizing waste in processes and increasing productivity and implementing Quality Management System
•Manage & evaluate different investment & CAPEX decision proposals for expansion, replacement etc for manufacturing facilities for approvals
•Support legal department for registration, pricing and approvals from MOH for New products to be manufactured locally
•Support procurement in Procurement finance areas to meet group task, setting standard prices for next year and procurement excellence projects
•Support Supply chain function for setting stock level policy for material availability, products supplies to market, production planning and optimal resource utilizations

ACHIEVEMENTS

• Process improvement of manufacturing & Supply chain achieving saving of 5 million pounds
• GMS Excellence & Recognition Awards, regional award in the category of Performance & Improvement for work on Accounting Process Improvement
• Multiple cash awards for special assignments of implementation of Dashboard Reporting, Financial Systems, Group Unison reporting and ERP systems
• Played key role in Site rationalization, product transfers, head count reduction and lean processing
• Supervise and participate in the Plant capital expenditure proposal, UK group approval and commissioning of US $ 1.3 billion PKR for Antibiotic product transfer from Landhi location to SITE factory
• Implement risk management system, reporting across the organization at country level and regional level and raised more than 100 critical risk area and suggested risk mitigation plan, and BCP Plan
• Implement KANBAN system in GSK Supply Chain and value Stream mapping of product lines of sourcing, planning, production and Warehousing
• Written more than 50 Standard operating procedures for various functions and processes

•Overall responsible for Finance department, implementation of Oracle ERP systems Internal control, budgeting, group Financial Reporting, treasury and taxation
•Responsible for external & internal audits process of the entire company
•Responsible for feasibilities and evaluation of products and major capital expenditures for Appliance Manufacturing

Worked with Clariant Pakistan Limited, Sandoz Pakistan pre-demerger and acquisition of Hoechst Pakistan Limited CP division from Dec 1993 to Sept 2000 in capacity of Finance Manager, Business Turnover of USD 80 million Pakistan and globally US$ 8 billion

Job Description

•Overall responsible for Finance department, implementation of Group driven business processes, ERP systems Internal control, budgeting, group Financial Reporting, treasury and taxation
•Implement group driven Supply chain, MRP, MPS and Standard costing system (Calculus)
•Supervise acquisition process of CP Division of Hoechst Pakistan present Aventis Pharma
•Responsible for external & internal audits process of the entire company
•Responsible for feasibilities and evaluation of products and major capital expenditures including, site rationalization, transfer of plants and products transfers
•Design, develop and implement KPI’s that are aligned with the strategic objectives, measure the overall effectiveness and efficiency of the operations, monitor & track performance

ACHIEVEMENTS
•Process improvement in Manufacturing process of Dyes and Chemicals
•Awards in the category of implementation of CALCULUS global standard costing and activity based costing system
•Multiple cash awards for special assignments of ERP systems, Merger and Acquisition
•Product transfer from Hoechst CP division and Hoechst Ravi Polymer division to Clariant Pakistan
•Develop Budgeting and group Financial reporting system
•Develop BPCS system, MRP and MPS system, Kelogg system of Engineering
•Develop Kaizen teams for continuous improvement across organization and Production sites

Managing Costing function of the Product including Standard Costing
Budgeting of the entire Company
Management and Dashboard Reporting
Inventory Management and Control

Audit Clients:

ANZ Grindlays Bank,
Smithkline Beecham Pakistan
PIA

Compliance and substantive test
Statutory Audits
Risk Assessment
Audit Report working papers