Experience: (in Detail)
A limited liability company developing the Kingdom City, Jeddah. The project will feature the over 1,000-meter land of new urban development.
• Responsible for the overall functions of the finance/accounting department including Procurement, financial reporting and control, Budgeting & Forecasting, Cash flow management, Banks, Zakat & Taxation, project & project finance.
• Manage and supervise all budget and forecasting activities as well as quarterly reporting to Shareholders.
• Ensure timely compliance with tax/ zakat regulations as well as other regulations impacting the business.
• Supervise the preparation and maintenance of required reconciliations, schedules and journal entries in support of financial statement assertions.
• Establish and maintain strong relationships with banks and auditors to ensure compliance with regulations and completion of annual audit and audit certifications
• Prepare a variety of month end financial reports including variance analysis and financial statements and presenting results to financial stakeholders
• Directing planning cycle and delivering plans & budgets for the company. Reviewing performance and investigating variances against budgets & prior year.
• Coordinate year end audits and serves as a liaison between the company and auditor, Tax Consultants.
• Manage reports for company, presenting monthly financials and forecasts to management.
• Group consolidation, Managing treasury operations, new business plans and corporate finance.
• Strengthening reporting & performance management framework by evaluating management deliverables. Recommending & administering execution of Organizational Structures, Delegation of Authorities, management KPIs, policies, controls & procedures in critical areas within the group.

• Responsible for the overall functions of the finance & accounting department, financial reporting and control.
• Managing Financial Reporting as per applicable law, company policies & IFRS.
• Prepare Annual Financial Forecast, Rolling Forecast, Cash Flow Forecast, and CAPEX Plan & Working Capital Requirement.
• Treasury functions, cash inflows are matched with the projected outflows and surplus funds are timely and prudently investment in the available avenues in an optimum manner.
• Preparation of hypothecation agreements, memorandum of deposit of title deeds.
• Registration / modification / satisfaction of mortgages and charges.
• Reviewing and analysis of Financial Statement i.e. interim /annual accounts of the group companies, emphasizing on compliance with GAAP and applicable accounting framework.
• Assisted Group Managing Director in $250 million debt restructuring and re-profiling.
• Debt and Operations Restructuring for one of the largest industrial conglomerates in Pakistan
2nd largest in Polyester, 3rd largest in Sugar, 4th largest in Cement & Automotive
• Preparation of Management Reports based on analysis and reason for variance emphasis on cost per unit of each product. The report highlights the weakness in each area of deficiency.
• Preparation of Financial Model of group Operations and update it with different scenarios and trends.
• Dealing with Financial Institution including Restructuring and Rescheduling.
• Projections, forecasting and budgets for short term and long term periods.
• Holding Board / Audit Committee / Shareholders’ meetings;
• Preparing directors’ reports for interim and annual financial statements.
• Matters incidental to the issue of right shares; bonus shares and payment interim/final dividend issue of term finance certificates (TFCs).
• Incorporation; amalgamation / merger of companies.
• Conversion of private limited company into public company or vice versa

• Handling financial accounts with annual turnover of above PKR 800 Mn.
• Ensuring the business compliance with all legal requirements and timely submission of various reports to concerned regulatory departments.
• Responsible for the overall functions of the finance & accounting department, financial reporting and control.
• Responsible for Financial budgeting & forecasting process of the plant including long term business plan (STP).
• Managing Financial Reporting as per applicable law, company policies & IFRS.
• Prepare Annual Financial Forecast, Rolling Forecast, Cash Flow Forecast, CAPEX Plan & Working Capital Requirement.
• Manage budgetary control, close monitoring of expenditure and conduct variance analysis, trend analysis.
• Review the actual performance against budget, interprets the result & provide report to high management for appropriate action.
• Monthly/Quarterly/Annually financial closing & MIS reporting (Financial & Operational) to management.
• Assure protection of the assets through proper internal control, physical verification & proper insurance coverage.
• Ensure timely payment of all the statutory dues & filling return thereof in a timely manner to avoid penalty.
• Assisting in tax assessment, Income tax return, transfer pricing return, valuation etc.
• Working Capital management.
• Liasioning with Bank for short term/long term financing requirement and company’s consultant, solicitors.
• Evaluation of new project & providing required information to management for decision making.
• Cash flow forecasting & treasury management.
• Make & Buy analysis, Cost benefit analysis for various project.