خلاصہ

Professional Experience

1.) Deloitte (M.Yousuf Adil Saleem Co. CAS. (28-11-2005 to 27-10-2009))

I joined M.Yousaf Adil Saleem amp Co. CAS (Deloitte) in Nov.2005 and worked in Tax, Consultancy and Audit Departments completed my Article ship of 3.5 years on 27-05-2009 and after that worked as quotAudit Supervisorquot till 27-10-2009.

2.) The First Micro Finance Bank Limited (02-11-2009 to 30-12-2099).

Then I joined acircThe First Micro Finance Bank Limitedacirc (from 02-11-2009 to 30-12-2009) in Internal Audit Department as acircReviewing Supervisoracirc and involved in Management Audit of Provident Fund and Gratuity Fund and Branch Audits. I was directly reportable to Manager Audit and Group Head Audit.

3.) MCB Bank Limited (31-12-2009 to 13-06-2011)

Then worked as quotSenior Audit Officerquot in MCB Bank Limited (31-12-2009 to 13-06-2011) with probation period of six months from 31-12-2009 to 30-06-2010) as team leader and in-charge of MCB Audit Hub Sahiwal, Pakistan directly reportable to Regional Head Audit, Audit Circle East. Managing staff of four professionals and conducting Audits of 36 branches including special assignments and Investigation of acircFraud and Forgeryacirc and having dealings and liaison with both operational staff of the bank including Regional Heads and Regional Operations Managers and with Internal audit Department. Awarded acircSpot Awardacirc for the Month of May 2011 in appreciation of acircOutstanding Commitment to Quality Service and Customer Satisfactionacirc by the President of MCB Bank Limited.

During my stay with MCB Bank Limited, I had the opportunity to attend various on the job trainings on different Banking areas such as

1. Advances.
2. Trade Finance including INCO terms, UCP 600, etc.
3. Remittance including Negotiable Instruments.
4. Analysis of Financial Statements.
5. Managing Operational Risk.


4.) Redco International W.L.L (23-06-2011 31/10/2015)

Joined Red Co International as Senior Audit Officer in Doha Qatar. The Position is primarily responsible for conducting Pre and Post Audit of all functional areas and Business heads and process cycles.Enduring effective implementation of internal controls and creating internal control environment and ensure compliance with company policies and procedures. Critical evaluation of Business cycle process flows and GAP analysis and ensuring compliance of relevant Laws Regulations and industry best practices.Also Worked as Assistant Manager Finance and Fleet Costing Manager.

5.) Fazal Cloth Mills Limited (13/04/2016 to 26/04/2017).

Currently working as Finance Manager in M/S Fazal Cloth Mills Limited (Spinning and Weaving Textile Mill) having responsibilities to cater day to day financial needs of the company and major functions are
Relationship Management with banks to answer bank queries, follow up financial proposals and daily transactions.
Markup calculations, maintains of loan repayment schedules and workings, ensuring timely payment of markup/Principal.
Reviewing daily Bank Position, cheque issuance and recon of presented cheques.
Preparation of working capital reports on fortnightly basis.
Preparation and updating of financial projections.

تجربہ

کمپنی کا لوگو
Group Chief Financial Officer
Islamabad Feeds Pvt. Limited
جون ۲۰۲۳ - موجودہ | Islamabad, Pakistan

This is a vertical setup in the poultry industry ranging from own feed mills to layer & breeder farms and Hatcheries. The group is one of the major players in the poultry sector in Pakistan. The founder Dr. M. Aslam late is one of the pioneers in the poultry industry in Pakistan.  Working as “Group Chief Financial Officer” responsible for the overall finance, treasury, cash flows, Accounts, taxation, costing, audit and corporate matters of the company major roles and responsibilities are:
Ø  Work with senior managers to efficiently develop budget proposals, Develop and implement financial strategies to drive business growth and profitability for the group.
Ø  Perform risk management through analysis of company/group liabilities and investments, and evaluate and manage capital structure and fundraising initiatives.
Ø  Ensures management of an effective cash planning, management and monitoring system for the group.
Ø  Relationship Management with banks to manage exposure of Rs. 6 billion and respond to bank queries, follow up financial proposals, daily transactions and arrangement of Credit Facilities from banks and DFis..
Ø  Looking after of all import & Export matters including dealing with banks for trade limits and custom clearance working on Export Facilitation scheme (EFS).
Ø  Ensures that the business assets are safeguarded by the development/effective operation of internal controls and financial compliance.
Ø  Monitor business performance by monitoring daily sales, recoveries and other operational matters.
Ø  Represents the business on financial matters internally and with external bodies e.g. Auditors and tax authorities to meet statutory / legal needs.
Ø  Manage finance personnel, lead continual development of finance function and team to meet emerging challenges and changes.
Ø  Oversee finance and accounting operations including financial ERP systems, ensure accurate financial reporting, and maintain compliance with industry standards, and relevant regulatory requirements i.e. IFRS, Companies Act, Taxation Laws etc.
Ø  Oversee HR operations by coordinating with external service providers i.e. Banks for payroll processing, Insurance companies for employee health insurance, including government bodies i.e. PESSI and Social Security and internal staff responsible for other aspects of HR.




کمپنی کا لوگو
Consultant Cum Chief Financial Offier (CFO)
Great Yuemei Textile
مارچ ۲۰۲۳ - جون ۲۰۲۳ | Lahore, Pakistan

Working as “Consultant” cum “Chief Financial Officer” in “Great Yuemei Textile” a partnership concern involved in Pre-& Post process for digital printing and dying of fabric i.e. Ladies suiting responsible for the overall finance, Accounts, taxation, costing and corporate matters of the company major roles and responsibilities are:
Ø  Setup of Accounts and Finance department from scratch.
Ø  Reviewing monthly / annual accounts in accordance with IFRS/IAS, Month end closing, stock’s valuation, depreciation and monthly accruals and adjustments.
Ø  Control and review of all operational and production matters, ensuing smooth production and supply of raw materials.
Ø  Perform costing function monthly cost accounts and looking after of erection & expansion of 15 ton daily dying project i.e. its capex requirements and installation status.
Ø  Perform GAP analysis and suggest improvement to the existing operations.
Ø  Development of policies and procedures for the whole organization including sales, receivables, HR, Procurement, Accounts and Finance.
Ø  Looking after of Sales and dispatch to customers keeping in view of policies of the company.
Ø  Head hunting of senior management staff I.e. shortlisting, interviews, selection.
Ø  Cash Flow Management including suppliers, customers and other govt stake holders’ management.
Ø  Preparation of annual & monthly budgets and variance analysis.
Ø  Dealing with banks and handing import, payroll, cash and other matter of the company.
Ø  Dealing with Insurance companies for arranging insurance marine, fire, health and life insurance policies covering all major risks and negotiating premium rates and processing insurance claims.
Ø  Looking after of taxation and corporate matters of the company.




کمپنی کا لوگو
Consultant
MERALI’S CHARTERED ACCOUNTANTS AND REGISTERED AUDITORS UAE
دسمبر ۲۰۲۲ - فروری ۲۰۲۳ | Abu Dhabi, United Arab Emirates

Worked remotely as “Consultant” and perform Auditing Services i.e. IFRS Compliance, Accounting Services and Agreed Upon Procedures (AUP) Services, major roles and responsibilities are:
Ø  Execution/completion of field work for respective year end including:
Ø  The Compliance with the applicable IFRS guide lines concerning ESCROW (guarantee) accounts of real estate developers in the Emirates of Abu Dahbi / Dubai.
Ø  Review of the effectiveness of control environment and key internal control activities of the company.
Ø  Completion of vouching/review of documents and submission of draft audit reports with no outstanding issues by agreed due dates.
Ø  Attending and addressing the queries raised by the concerned parties involved including:
Ø  Queries/questions on project/audit are properly addressed resolved on time and ESCROW account requirements are met.
Ø  Acceptance of audit reports and closure of RERA audit for the selected projects.
Ø  Preparation of annual accounts of community accounts/audits of real estate communities and comparison of community annual expense with annual approved budgets.




کمپنی کا لوگو
DGM Finance & Accounts
Challenge Apparels Limited
مارچ ۲۰۱۸ - نومبر ۲۰۲۲ | Lahore, Pakistan

Worked as D.G.M Finance & Accounts in “Challenge Apparels Limited” a Public unlisted company responsible for the overall
finance, Accounts, taxation and corporate matters of the company major roles and responsibilities are :
 Setup of Accounts and Finance department from scratch.
 Reviewing monthly / annual accounts in accordance with IFRS/IAS, Month end closing, stock’s valuation, depreciation and
monthly accruals and adjustments.
 Successful adoption and Implementation of IFRS 16 for the leases of Factory rental premises, application of IFRS 9 to the
interest free loan to associate and adoption, application of IFRS 15 to the revenue recognition.
 Reporting of group companies in Pakistan to the Head office in Shanghai china.
 Relationship Management with banks to answer bank queries, follow up financial proposals and daily transactions.
 Independently handle all loan documentations from loan application till disbursement of loan.
 Well served in Islamic and conventional mode of financing i.e. Successfully obtained Islamic and conventional Lending facility
form Banks including Istisna, Murabha, Diminishing Musharka, L/C, Bank Guarantee and conventional working capital loan.
 Having sound knowledge to finalize the export related loans i.e. successfully obtained FAPC, ERF/IERF and LTFF/ILTFF from
Islamic and conventional Banking.
 Dealing with Insurance companies for arranging insurance marine, fire , health and life insurance policies covering all major
risks and negotiating premium rates and processing insurance claims.
 Reviewing daily Bank Position, cheque issuance and bank recon.
 Working capital management & cash management and cash Flow working and comparative analysis.
 Preparation and updating of financial projections. Obtain new financing lines for the company and investment of existing funds.
Address: Ho.No. 212A, Rehan Garden Phase 1, 27-Km Ferozepur Road, Lahore, Pakistan.
Skype Name: Farazashraf82 Mobile: +92-331-4312398 Email: [email protected].
 Export Sales authorization and accounts receivable management.
 Monitoring Export Proceeds realization under M/S Adidas “Early Payment Plan”, reconciliation of export proceeds from bank
statement and accounts receivable.
 Supervising Import Payments through Advance, L/C, Open Account, CAD basis.
 Authorizing Expenses and Accounts Payable management of local and foreign suppliers of raw material, logistics, freight forwarders,
payroll processing and Insurance etc.
 Monitoring of ERP implementation (Oracle R-12 & BMS SQL based system) and liaison with ERP Team.
 Preparation of annual Budgets and monthly cash budgets and management of monthly and weekly cash flows and monitoring.
 Looking after of taxation and corporate matters of the company.

کمپنی کا لوگو
Manager Accounts and Finance
Arif Memorial Teaching Hospital
اپریل ۲۰۱۷ - فروری ۲۰۱۸ | Lahore, Pakistan

Worked as “Manager Accounts and Finance” at “Arif Memorial Teaching Hospital” major roles and responsibilities include:  Preparation of Monthly and Annual Accounts.  Cash Management and relationship management with banks.  Working capital management and utilization of funds.  Department wise and unit wise Revenue verification, reconciliation and reporting.  Preparation of annual Expense and Revenue budgets and forecast.  Monitoring and control of revenue and expenses and its comparison with budgets and variance reporting.  Inventory and store valuation and stock reconciliation.  Various management reports regarding operations, costs and revenues Statistics and variance analysis.

کمپنی کا لوگو
Manager Finance
Fazal Cloth Mills Limited
اپریل ۲۰۱٦ - اپریل ۲۰۱۷ | Multan, Pakistan

As “Finance Manager” in Fazal Cloth Mills Limited (spinning and Weaving Mill) my responsibilities were to cater day to day financial needs of the company and major functions are:
 Relationship Management with banks to answer bank queries, follow up financial proposals and daily transactions.
 Markup calculations, maintains of loan repayment schedules and workings, ensuring timely payment of markup/Principal.
 Reviewing daily Bank Position, cheque issuance and recon of un-presented cheques.
 Working capital management & cash management and reporting on fortnightly basis.
 Preparation and updating of financial projections.

کمپنی کا لوگو
Senior Audit Officer
Redco International W.L.L
جون ۲۰۱۱ - اکتوبر ۲۰۱۵ | Ad Dawhah al Jadidah, Qatar

کمپنی کا لوگو
Senior Audit Officer
MCB Bank Limited
دسمبر ۲۰۰۹ - جون ۲۰۱۱ | Sahiwal, Pakistan

تعلیم

Institute of Chartered Accountants of Pakistan
سرٹیفیکیشن, Chartered Accountant (CA)‎
Accounting & Finance
مکمل
2019
Virtual University of Pakistan
ماسٹرز, ماسٹرز ان بزنس ایڈمنسٹریشن, MBA‎
Finance
CGPA 4.0/4
2016
The Institute of Financial Consultants
سرٹیفیکیشن, Certified Financial Consultant (CFC)‎
Accounting & Finance
مکمل
2012
University of the Punjab
بیچلرز, , Bachelors of Arts‎
Economics, Sociology, Stats and English
2004

پیشہ ورانہ مہارتیں

متوسط 4 Knowledge of Taxation
ماہر Accounting+
ماہر Accounts Consulting
ماہر Budgeting
ماہر Budgeting Skills
ماہر Corporate Finance
ماہر Corporate Financial Reporting
ماہر Cost Minimization
ماہر Costing
ماہر External Audit
ماہر Finance Consulting
ماہر Financial Accounting
ماہر Financial Audit Compliance
ماہر Financial Statement
ماہر Financial Statement Analysis
ماہر Financial Statement Analysis+
ماہر Financial Strategy
ماہر Fluent in English
ماہر Knowledge of Taxation
ماہر Planning and Budgeting
ماہر Project Finance Management
ماہر Tax Management
ماہر Taxation

زبانیں

ماہر انگریزی

Faraz آپکے جاننے والے

Muhammad Amer Arfan
KPMG Lower Gulf Limited