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I am an Associate Chartered Accountant (Institute of Chartered Accountants of Pakistan) with over 11 years of experience with KPMG Audit & Assurance department (in Pakistan and Singapore offices). My current role is "Manager Finance" looking after Accounting & Financial Reporting activities at Dewan Petroleum Pvt Ltd (DPL). My major duties include reviewing the complete accounting and recording of transactions for Joint venture accounts and DPL as a whole, group reporting and consolidation, financial analysis and assisting in financial budgeting and forecasting process.
Besides my professional competence I am a good administrator, leading by example and very conscious of the needs of others. I work well under stress and can work to tight schedules. I always strive for commitment, openness, care & leadership at workplace where every team member should take charge of his work with cent percent devotion. I always prefer electronic working. I am an expert level user of MS Office.
•Preparation of financial statements in accordance with IFRS & US GAAP
•Management & external reporting
•Financial due diligence.
•Risk management & Internal Control reviews.
•Preparation & analysis of Budgets & forecasting.
•Performing external audits & limited reviews in accordance with ISA
•Consolidation and other equity related accounting
Participated in successful transformation of finance functions of clients.
Developed financial and management reporting process of clients to reduce monthly closing timeline by more than 72 hours.
Implemented effective cost control methods to reduce clients total annual cost by 50%.
Developed and successfully implemented financial procedures and policies.
Created new business opportunities for the firm by creating value for clients.
Lead audits in Anti Money Laundering and fraud identifications.
Contributed in the improvement of the financial and performance management system of clients.
KC Flight Catering (Pvt) Ltd - Islamabad, PakistanOtherMarch 2017 - Now
-Continuous review of the Control Framework to avoid abuse of cash, stock and other elements of risk, inherent in the business -Month-end review of GLs and P&L, ensure accruals and provisioning in line business nature -Events P&L management – Cash handling and ensuring cost commitments in line with budgets Monthly update to senior management on revenue and financials profits, with variance from budgeted amounts -Providing commercial and financial support to Senior Management with necessary financial forecasts, reports and insights facilitating business critical decisions -Be accountable to conduct periodical review of all financial policies, practices, corporate goals and planning financial controls on projects, exploring potential problems or opportunities. -Handling of bank relationships and initiate appropriate strategies to enhance cash position. -Responsible for planning and managing cash flow, ensuring financial transactions are authorized, controlled and recorded. -Preparing weekly, monthly and quarterly management reports, profit and loss statements, balance sheet, cash flow statements and consolidated report for KC Flight Catering and subsidiaries. -Preparing budget and forecast for the individual business units and implementing performance rating measures for respective units. -Responsible for managing external and internal auditors by providing all the data and necessary information by coordinating effectively with the internal team. -To consult to management and business heads by working closely with them in guiding and controlling on day-to-day aspects related to revenue, budget and variances and/or on any other financial analysis -Responsible for Implementation of company-wide ERP for Inventory management, Fixed Assets, General Ledger, Payroll and HR Management. -Responsible for Direct and Indirect taxation in accordance with Pakistan Income tax and Sales tax laws.
Chief Financial Officer
Kitchen Cuisine Pvt Ltd - Islamabad, PakistanFinance/AccountingMarch 2017 - Now
•Responsible for the management and implementation of company financial policies and procedures to ensure they are in accordance with the board and applicable laws •Ensuring staff are professionally supervised, trained and motivated to achieve the objectives agreed upon whilst providing the necessary guidance whenever required. •Supporting the Director Finance and CEO in making appropriate recommendations for business process improvements to improve efficiency within the Finance team •Develop, implement and maintain an effective planning and analysis capability that will provide senior leadership with appropriate analytical tools to establish goals. •Providing commercial and financial support to Senior Management with necessary financial forecasts, reports and insights facilitating business critical decisions. •Be accountable to conduct periodical review of all financial policies, practices, corporate goals and planning financial controls on projects, exploring potential problems or opportunities. •Handling of bank relationships and initiate appropriate strategies to enhance cash position. •Responsible for planning and managing cash flow, ensuring financial transactions are authorized, controlled and recorded. •Preparing weekly, monthly and quarterly management reports, profit and loss statements, balance sheet, cash flow statements and consolidated report for KC Flight Catering and subsidiaries. •Preparing budget and forecast for the individual business units and implementing performance rating measures for respective units. •Responsible for managing external and internal auditors by providing all the data and necessary information by coordinating effectively with the internal team. •To consult to management and business heads by working closely with them in guiding and controlling on day-to-day aspects related to revenue, budget and variances and/or on any other financial analysis •Responsible for Implementation of company-wide ERP for Inventory management, Fixed Assets, General Ledger, Payroll and HR Management. •Responsible for Direct and Indirect taxation in accordance with Pakistan Income tax and Sales tax laws
Dewan Petroleum Pvt Ltd - Islamabad, PakistanFinance/AccountingDecember 2015 - March 2017
•Overall supervision of finance and accounts departments including taxation, financial reporting, treasury and joint ventures; •Preparation of separate & consolidated Financial Statements in compliance with IFRS and Companies Ordinance, 1984; •Preparation and Reporting of monthly, quarterly and annual Management Reports; •Ensuring compliance with Income tax Ordinance, 2001, Petroleum Concession Agreements and covenants in financing arrangements and financial reporting standards; •Preparation and presentation of annual Joint Ventures Budgets in TCM / OCMs; •Monitoring of variances between actual and budgeted expenditure of the Joint Venture; •Responding to financial queries from International Lenders, JV Partners and the Regulators; •Preparation of Cash flow analysis for banks and management to assist strategic decisions; •Monitoring and evaluation of financial reporting system, accounting procedures to ensure compliance and identifying areas for improvement; •Leading finance team for effective implementation of and improvements in ERP; •Participation in various industry forums in order to be abreast about evolving issues relating to finance and taxation; •Coordination with external auditors of the Company, Joint Venture and all tax related audits and issue resolution
Globalink Logistics Group - Almaty, KazakhstanFinance/AccountingJune 2015 - December 2015
•Lead and participate in all financial operations of the company including reporting, forecasting, invoicing and cash management, accounts payable/receivable and payroll; •Lead and participate in the monthly accounting close ensuring timeliness, accuracy, completeness and compliance with corporate policy; •Liaise with external and internal audits on the planning and execution of audits, including the annual FS audit, and tax compliance audits; •Drive the budgeting and forecasting processes that link into the corporate planning requirements in addition to business reviews addressing financial and operating performance; •Calculate variances from the budget and report significant issues to management; •Analyze and solve complex issues to ensure they are managed on time and in adherence to accounting principles; •Develop the management reports to ensure relevant information are provided in a timely and effective manner; •Lead, develop, and grow a group of accounting professionals; •Liaise with relevant external stakeholders (e.g. governmental bodies and authorities, suppliers) to ensure a timely and accurate communication and preparation of all mandatory regulatory reports; •Complete operational requirements by scheduling and assigning employees; following up on work results; •Assist in the developing policies, processes and procedures to ensure operations compliance to international standards and regulations; •Manage the bookkeeping function. Document and maintain complete and accurate supporting information for all financial transactions; •Maintain a documented system of accounting policies and procedures and ensure an adequate system of controls over accounting transactions is in place; •Protect operations by keeping financial information and plans confidential.
Assistant Manager Audit
KPMG Singapore - SingaporeFinance/AccountingNovember 2014 - May 2015
•Maintenance of client relationship and identification of new business opportunities; •Keeping aware of risk management issues for each engagement/client; •Planning of engagements, including assessment of client requirements, scope of the engagement, setting up appropriate teams, keeping budgets and recoveries under control; •Delivering quality services within agreed deadlines; •Updating client on identified issues in timely manner so there be no surprises at the conclusion of the engagement; •Keeping client informed and sharing knowledge on regular basis regarding latest industry changes (regulatory or local GAAP) both affected by local and global trends; •Training and supporting the junior staff to help understand clearly the client requirements enabling them to deliver the quality service; •Preparation and review of deliverables i.e. financial statements, board letters and management letters etc.
Grant Thornton - Islamabad, PakistanFinance/AccountingSeptember 2011 - November 2014
Complete transaction advisory encompassing feasibility report, financial modeling, Information memorandums, debt raising, and transaction structuring and financial closing of the project: • Quaid-e-Azam Solar’s Power Plant- 100 MW • K- Electric Coal Fired Power Plant - 1260 MW • Sanjwal Solar Power Plant -5 MW Project • Sachal Wind Power Plant- 50 MW Project • Thar Coal and Energy Board • Pet Resin Manufacturing facility by Al-Hafiz Corporation (PKR 8 Billion Project) • Gulpur Hydro Power Financial Model Audit- 100 MW Project • Replacement of solar lights with LED lights for LDA GoP -TEPA I was posted as Manager Capacity building for a period of 2.5 years from Grant Thornton on a USAID project worth USD 45 million. I was responsible for the following on the project: •USAID Financial Management, HR, Procurement trainings to grantees; •USAID contract compliances for the implementing partners and grantees; •Drafting of Internal Audit, Finance, Procurement, HR manuals and training modules for implementing partners and grantees.
Head Internal Audit
Bahria Town pvt Ltd - Islamabad, PakistanFinance/AccountingAugust 2009 - September 2011
•Developing an annual audit plan using input from the team and stakeholders to identify priorities and resource requirements for the year; •Meet with Chairman, Directors and Managers to discuss needs and propose audits, to build stakeholder requirements into department plans; •Schedule and assign audits to team members, ensuring effective •Ensuring the quality control element of the team’s audit plans on an ongoing basis by reviewing and approving plans as they are developed and communicated to different sites and projects; •Ensuring that the annual audit plans have contingency built in, to provide unexpected audits to clients as they may surface; •Ensure final reports are issued with all recommendations agreed and accepted by the audited individual/group; •Build relationships with leaders across the organization to understand issues and identify areas for improvement for the organization as a whole; •Keep abreast of developments in Corporate Governance practices and advise the business accordingly. •Ensure completion of audit assignments to provide independent, objective assurance to the Chairman;
Senior Audit Associate
KPMG - Islamabad, PakistanFinance/AccountingNovember 2005 - May 2009
•Developing the audit strategy and audit plan focused on individual clients’ business areas significant to the financial statements that are relevant to clients’ risk profiles; •Implementing the audit methodology, a risk-based approach that focuses on the drivers of the business and the associated risks; •Performing test of controls and determining nature, timing and extent of substantive procedures based on the control assessment of existing internal controls; •Evaluating the financial information provided by the client and reviewing financial statements against the evidence collected in the audit process; •Ensuring that financial statements are prepared in conformity with the identified local and international financial reporting frameworks; • Advising and consulting with the client on audit concerns and on improving their internal control systems by identification of risk areas and recommending strategies for reducing risk through preparation of Internal Control Memorandums.
Institute of Chartered Accountants of Pakistan - Islamabad, PakistanMarch 2003 - June 2011
UrduNative or fluent100%
- • Budgeting and Planning
- •Business Planning and strategic management
- •Consolidation and Group Reporting
- • Costing and Budgeting
- •External Audit and Internal Audits
- • Income taxes and deferred taxation
- • Reporting and Variance Analysis
- •Risk Management & Quality Assurance
- •Sound knowledge of Accounting software’s and ERP
- •Sound Knowledge of US GAAP and IFRS
- •Strategic Financial Management