Seasoned Financial Expert with affluent success history of over 30 years vast experience in diversified industrial sectors (i.e. construction, real estate development, Property marketing, sales & management, retail, foods, water technologies, manufacturing, imports & trading, professional services) at progressively responsible senior management positions. Highly motivated result oriented finance strategist who exhibited innovative, reliable, efficient, dynamic, decisive and collaborative Leadership skills in delivering commendable financial performance resulted in enhanced shareholders value, trust and business growth through sound strategic business planning & execution and effective & efficient implementation of allied financial functions, critical business analytics, robust financial discipline & foresight, performance monitoring and controls. A forward-thinking individual who had harnessed fast pace technological advancements strategically for achieving prompt financial management and reporting, Business intelligence/dashboards for intelligent data driven decisions.
Inspires confidence with clients, investors, Bankers, senior executives, Board members & Regulatory Authorities. Proven expertise in developing high-performance teams, addressing underperforming businesses, enhancing client satisfaction, driving top/bottom-line growth, transforming weaknesses into opportunities & success, learning through crises management.
Played instrumental role in strategies formation and decision-making process. Well versed with wide range of business management functions from grass root to senior management level, of stated manifold industries, in the area of my professional expertise generally in financial management, accounting and reporting, taxation, corporate finance & treasury, financial modelling, corporate laws & secretarial practices, business development, budgeting & forecasting, financial facilities / debt raising & restructuring, compliance with regulatory framework in relations to listed and non-listed companies / businesses, as framed below in particular as my scopic expertise / core competences.
Entrusted with overall responsibility of financial management, accounting, business development, reporting, corporate finance, Strategic financial Planning and Execution for business growth, Periodic Financial Reporting, debt raising restructuring & management, property valuations and security perfections underlying debt facilities, BGs & ins Guarantees issuance & retirement for bids submissions & contract performance, tax planning & management , auditing , secretarial works, compliance with legal framework & regulatory filling, implementation of effective Internal controls system/ SOPs / policies, Cost controlling measures, IPCs review and revenue recoveries, account reconciliations, inventory management system, payroll review, systems improvements, Budgeting & monitoring for variances, staff grooming & performance evaluation, cash flows forecasting & projections, treasury and corporate affairs management, dealing with project employers, suppliers, FIs, Insurance & leasing cos. lawyers, consultants, Auditors, Regulatory Authorities like FBR, SECP, PRA, PEC, EOBI, PSSI, E & T etc., Assets safeguarding, trouble shooting, ERP Financial system analysis, integration & implementation, working capital needs, Rates analysis and Project management activities, conducting HOD Meetings, Inventory counts etc. Key Accomplishments: • Ensured an aggregate average annual turnover PKR 2.5bln through financial management of aver. 5 projects at a time at diversified locations in Pakistan each year and net assets exceeding PKR2.3bln till last year resulted in net worth addition in shareholders’ value by PKR 1.65bln, with human resource exceeding 350 staff. • Led corporate finance & raised debt / financial facilities limits to PKR 2bln with 6 major commercial banks and private lenders from PKR 400mn resulted in capacity enhancement of doing business from annual revenue PKR 600mn to PPKR 3bln pa.
• Strategically positioned as a Director Finance comprising of three companies engaged in financial consulting, commercial Import and trading and online educational services with collective annual revenue PKR 500mn and out souring of services.
Responsible for all corporate finance affairs & loan portfolio management with various leading financial institutions, treasury & banking management, seeking new financial limits and enhancements, debt restructuring, strategic Business and cash flows planning, all taxation matters & assessments finalization, Audits finalization, Revenue collection and payments monitoring, leasing & insurances needs, property valuations, New projects feasibilities, all corporate affairs, tax litigations, etc. Key Accomplishments:
• Executed a business annual average revenue around PKR.2bln and witnessed value addition in net assets by PKR100mn.
• Capitalized a holistic view to deal with corporate finance affairs with a loan portfolio of PKR2.4 Bln including SUKUK financing with various leading financial institutions under consortium arrangement.
• Exercised hands-on approach to restructure non performing debts to the tune of PKR 1.9bln, strategically to rescue from sever financial crises and handled cash flows planning.
• Raised fresh Term Finance PKR500mn from HBL in span of two months to facilitate necessary working capital need to resume construction of abandoned housing projects to revive revenue inflows cycle of PKR3bln.
Principal strategist served TRIDENT/PACE/FIRST CAPITAL Group for 17 years since 1996 under visionary Chairman Mr. Salman Taseer Ex-Governor Punjab, at progressively responsible senior management positions to lead the financial management of Construction and Real Estate Business Division including newly formed joint venture SPV co. M/s EHFPRO (Pvt) Ltd., in July 2010 besides looking after all financial management, accounting, business development, reporting, corporate finance, debt restructuring, taxation, audit, treasury and corporate affairs management of the 4 cos in the Group and holding & presenting quarterly / annual board and shareholders meetings as Co. Sec fr SPV.
Progressed through series of positions and promoted as Group GM Finance & Business Development & Company Secretary. Subsequently in complying with the strategic planning of business diversification / expansion, transferred to Property Construction Divisions as Head of Finance Property Construction Division of M/s Trident / Pace/First Capital Group when the construction company within group, M/s Trident Construct (Pvt) Limited was incorporated (as subsidiary of Pace/ First Capital Group) to undertake designing , construction & renovation, marketing and sales activity of Pace owned real estate projects comprising of,
a) 5 multi story Shopping Malls, b) 1 Housing Scheme, c) 1 high rise Apartment tower (offices & residence), d) 1 Hotel resorts, restaurant & water park (named as peacock valley Chakwal Resorts over 400acrs land), e) 3 commercial high rise mixed used (Hotels, offices, bank squares, food courts, gaming clubs, banquet halls, etc) projects for aggregate. total covered area of PKR4.0mn sft for contract revenue PKR10bln and to also undertake projects under JV arrangements in pvt & Public sectors for various business in diversified locations across Pakistan. Key Accomplishments:
• Property Construction Division established as group of 5 companies:
1) Trident Construct Pvt Ltd., 2) EHFPRO Pvt Ltd, a JV SPV with Federal Govt Employees Housing Foundation to undertake construction of 3000 apartments of G+14th levels building project in Islamabad for Federal Govt employees and general public under Prime Minister Housing Programs with estimated covered area of 4.24m sft contract cost PKR12.6bln 3) ICON Marketing Pvt Ltd, to undertake branding, marketing and sales of real estate projects of Pace under way for expected revenue PKR 10bln.
Elevated to DGM Finance & Co Secretary, as Head of Property Development Business -Finance Division in recognition of successful capitalizing the strategic business plan for diversification & expansion, of the core business from consumer retailing & mall management to real estate devlp & construction, marketing & sales & property management business in multiple locations across Pakistan to build a chain of shopping malls, housing schemes, hotels, high rise apartment towers, mixed use commercial buildings under the brand name of PACE etc., strategically decided soon after the successful revival of PACE form sever disaster encountered when pace flagship mall Gulbg was completely gutted down by tragic incidence of massive fire broke out in Sep 2000.
Monitored all aspects of the financial, accounting and costing, corporate finance and business development, Pricing, financial reporting, business planning and budgeting, presenting & documenting board/stakeholders meetings, risk exposure and work pressure management, secretarial work, internal and external audits, treasury, taxation (i.e. Income Tax, Sales Tax, Property Tax, EOBI, Social Security etc.), insurance and benefits. Facilitated in the areas of HR and IT as part of the Management Team, of the following 6 group companies falls under “Pace Property Development Division” with direct reporting to the Chairman, Board of Directors and Group Director Finance. Key Accomplishments:
• A remarkable achievement in rehabilitation of Pace flagship Mall when it was gutted down with massive fire broke out in Sep 2000, and made functional within remarkable time of just less than one year in Aug 2001 after successfully realizing insurance claims of over PKR.120mn within 3 months of the tragic fire incident.
• Successfully sought stakeholder’s specific approvals for each project at progressive stages and undertaken development, marketing & sales and management of total 13 projects with aggregate covered area of 3.673mn sft having total cost PKR 8.90bln & revenue PKR 13.7bln, Value addition to Shareholder’s equity of PKR.1.54bln increased from negative PKR (337)Mn to PKR 1.2bln & raised debt PKR 600mn for execution, of 6 more shopping malls, 1 housing schemes, 1 office and apartments towers, 4 mixed used commercial projects at diversified locations in Pakistan by incorporating various cos.