I am eager to work in a professionally dynamic and growth oriented work environment where I can utilize my expertise and skills to achieve mutual goals. i have good command over language and I Secured First Position in Essay Writing in All Punjab Essay Competition. I also possess Strong leadership skills with sensitivity in dealing with Government authorities on critical issues. I specialize in time management and prioritizing along with ability and willingness to work as part of a multi-cultural organization. i also have Strong management skills and ability to motivate others and promote accountability among staff.
Currently working as Chief Financial Officer at Sajjad Textile Mills Limited (Listed on Pakistan Stock Exchange), a group company of Sargodha Group, from January 01, 2014 till date. As CFO I am responsible for the administrative, financial and risk management operations of the company, including the development of a financial and operational strategy, the persistent development and monitoring of control systems designed to preserve Company’s assets and reporting of accurate financial results. Principal responsibilities are:
i. Assist in formulating the company's future direction and supporting tactical initiatives
ii. Monitor and direct the implementation of strategic business plans
iii. Develop financial and tax strategies
iv. Develop performance measures that support the company's strategic direction
i. Participate in key decisions as a member of the executive management team
ii. Manage the accounting, human resources, investor relations, legal, tax, and treasury departments
iii. Implement operational best practices
i. Oversee the issuance of financial information to stock exchange and stakeholders
ii. Personally review and approve all Form filings with the Securities and Exchange Commission
iii. Report financial results to the board of directors
i. Understand and mitigate key elements of the company's risk profile
ii. Monitor all open legal issues involving the company, and legal issues affecting the industry
iii. Construct and monitor reliable control systems
iv. Maintain appropriate insurance coverage
v. Ensure that the company complies with all legal and regulatory requirements
i. Monitor cash balances and cash forecasts
ii. Arrange for debt and equity financing
iii. Prudent Investment of funds
iv. Participate in conference calls with the investment community
v. Maintain banking relationships
Worked as Chief Financial Officer at Ali Akbar Group of Industries from February 22, 2012 till January 2014. The Group comprises of thee wings, i.e. Ali Akbar Fabrics, Ali Akbar Spinning and Daikin Air Conditioning. Some of my job responsibilities are as follows:
i. Assist in performing all tasks necessary to achieve the organization's mission and help execute staff succession and growth plans.
ii. Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters.
iii. Work with the CEO on the strategic vision including fostering and cultivating stakeholder relationships on city, state, and national levels, as well as assisting in the development and negotiation of contracts.
iv. Participate in developing new business specifically assist the CEO in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service delivery.
v. Assess the benefits of all prospective contracts and advise the Executive Team on programmatic design and implementation matters.
vi. Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass internal and statutory audits.
vii. Provide the COO with an operating budget. Work with the COO to ensure programmatic success through cost analysis support, and compliance with all contractual and programmatic requirements. This includes: 1) interpreting legislative and programmatic rules and regulations to ensure compliance with all federal, local and contractual guidelines, 2) ensuring that all government regulations and requirements are disseminated to appropriate personnel, and 3) monitoring compliance.
viii. Oversee the management and coordination of all fiscal reporting activities for the organization including: organizational revenue/expense and balance sheet reports, development and monitoring of organizational and contract budgets.
Worked as Chief Internal Auditor of Saudi Pak Insurance Company Limited, an associate of Saudi Pak Group of Industries, a multinational, from March 1st 2006 to May 31, 2011. Also worked as Audit Committee Secretary since my appointment in the Group. Some of my job characteristics and achievements were as follows:
i. Ensure that appropriate financial and system controls were in place and being complied with by those involved in the operations.
ii. Assess financial and operational risks and that they were adequately managed. This involved identifying financial capacity gaps, provide recommendations and follow up the implementation of recommendations.
iii. Periodically audit and review systems and operations to determine whether the risks are being effectively managed and to check compliance with provisions of Company’s policies and the applicable regulations.
iv. Conduct investigation audit whenever requested by the Audit Committee.
v. Review external audit reports and follow up any issue raised therein.
vi. Perform procedures to identify/track the incidence of fraud and planted error and to prevent abuse of the Company’s resources.
vii. Maintain regular liaison with regulatory bodies and financial institutions and monitor changes in finance and tax regulations relevant to the organization by tracking statutory contributions and updating the organization of any changes in relevant tax legislation as well as regular updates on international accounting standards.
viii. Established the Internal Audit Department through which every transaction of the Company was pre-audited.
ix. Developed Audit Manuals for each class of business and also prepared a comprehensive Accounting Manual.
x. Developed separate Charters for the Audit Committee and the Internal Audit Department.
xi. Visiting Branches all over Pakistan for audit purpose.
xii. Reporting to the Audit Committee on a quarterly schedule and preparing comprehensive minutes of the Audit Committee meetings.
Worked as Head of Internal Audit of Galaxy Exchange (Pvt) Limited, a leading Money Market organization, from July 1st, 2005 to February 28, 2006. Some of my job characteristics and achievements are as follows:
i. Visiting various branches and assuring compliance with instructions issued by the Securities and Exchange Commission of Pakistan and State Bank of Pakistan from time to time.
ii. Maintaining regular liaison with the regulatory bodies and peer companies.
iii. Prepared and implemented Manuals for Auditing, Accounting, IT Department, Foreign Currency Import & Export and Remittances.
iv. Played a pivotal role in the removal of sanctions imposed by the State Bank of Pakistan before my employment.
Worked as Risk Management Officer in Marksman Financial Services (Pvt) Limited, a Stock Brokerage House, from October 1, 2004 to August 30, 2005.
i. Assessing the quantum of risk involved with respect to the nature and size of investments in quoted shares by the individual and corporate clients.
ii. Maintaining a vigil on the implementation of the KSE instructions.
iii. Ensuring that account exposures did not exceed the permitted levels.