Accomplished and detail-oriented professional with history of success in managing financial operations and optimising organisational profitability.
Skilled in financial strategy development, financial reporting, and budgetary control to attain consistent results in complex financial environments. Adept at implementing and maintaining robust accounting practices in compliance with regulatory standards and fostering transparency. Excel at managing cross-functional teams and allocating workloads and resources for efficient task completion. Well-versed in financial analysis, forecasting, and risk management with success in mitigating financial risks and seizing opportunities for growth. Instrumental at overseeing cash flow management, optimising working capital, and enhancing liquidity. Proficient in liaising with senior management and stakeholders to convey financial insights and facilitate informed decision-making. Recognised for successful ERP implementation, streamlining financial processes, and improving operational efficiency.
Areas of Expertise
· Financial Strategy Development
· Financial Reporting & Analysis
· Budgeting & Forecasting
· Feasibility Study & Evaluation
· External & Internal Auditing
· Team Leadership & Management
· Cross-functional Collaboration
· Risk Assessment & Management
· Cost Controlling
· Cash Flow Optimisation
· Stakeholder Communication
· Operational Efficiency Enhancement
Key Accomplishments
· Directed competent team of accountants and allocated workloads across functions to ensure precise and punctual task completion.
· Acted as Finance Manager (Head of Department) during incumbent's vacation to ensure seamless continuity of financial leadership.
· Established transparent lines of communication with senior-level management, facilitating meaningful interactions.
· Spearheaded implementation of cutting-edge systems and software to streamline provision of management, operational, and financial information.
· Managed tight deadlines and diverse accounting responsibilities, such as periodic financial reporting, period-end audit preparations, and providing support for budget and forecast activities.
· Participated in wide range of engagements, encompassing assurance engagements, external audits/reviews of annual/interim financial statements, compliance reviews, and due diligence reviews.
· Executed numerous assignments across diverse industries, including manufacturing, trading, financial institutions, services, construction, and funds during tenure at Deloitte Pakistan.
· Contributed to Global Development Program of Deloitte while with M. Yousuf Adil Saleem & Co., facilitating collaboration with Deloitte & Touche and Bakr Abulkhair & Co. in Dammam Office (Saudi Arabia) from January 2010 to April 2010.
Oversaw comprehensive bookkeeping, encompassing Fixed Assets, Payroll, Accounts Receivable, Accounts Payable, Cash Management, Inventory, and General Ledger. Managed high-pressure situations involving stringent deadlines and numerous accounting responsibilities, including periodic financial reporting, period-end audit preparations, and support for budget and forecast activities. Interact with senior-level management, facilitating transparent and informative exchanges.
· Played pivotal role in active implementation of customised ERP solution (Shadisys) tailored to healthcare industry.
· Enhanced organisation's operational and financial performance by assisting in formulation of strategies and objectives.
· Supervised accountants and managed cross-functional team's workload allocation to guarantee timely and accurate completion of tasks.
· Devised and maintained robust accounting principles, practices, and procedures, ensuring precision and timeliness of financial reporting.
Evaluated and assessed organisation's financial performance against short-term and long-term operational objectives, budgets, and forecasts to deliver actionable insights and recommendations. Conducted reviews of all aspects of books of accounts, including Fixed Assets, Payroll, Accounts Receivable, Accounts Payable, Cash Management, Inventory, and General Ledger. Ensured timely management of cash flows, while overseeing receivables collections and payables disbursements.
· Steered top-performing team of 16 accountants to ensure timeliness and accuracy in allocated tasks completion.
· Initiated role within Accounts Receivable section at Saudi German Hospital Jeddah, subsequently being deployed to Saudi German Hospital Aseer to supervise all finance and accounts department sections based on expertise and skills.
· Earned role of leader for finance and accounts department by showcasing proficiency at SGH Aseer.
· Led implementation of OASIS Open Architecture Specialised Information System HMIS, cutting-edge Hospital Management Information System developed by Balsam United for healthcare industry.
Managed stringent deadlines and diverse array of accounting tasks, comprising periodic financial reporting, period-end audit preparations, and support for budget and forecast activities. Oversaw day-to-day financial operations to ensure integrity of financial data and efficiency of accounting processes.
· Spearheaded implementation of financial module within locally customised ERP solution tailored to textile/garment industry, focusing initially on production units.
· Executed strategic financial planning and reporting to optimise fiscal performance and compliance with industry standards.
· Secured role at head office to implement financial module across entire entity and serve as administrator for financial module.
In above role, I reported to the Engagement Manager and Partner and dealt multiple engagements of varying nature for clients belonging to manufacturing, trading, retailing, services and financial industry sectors. Key responsibilities include:
• Project management including:
o Planning, management, review and reporting of engagements in accordance with legal, regulatory and firm’s risk management requirements.
o Determining skills required for the engagement and allocating staff.
• Budgeting, monitoring and controlling time and cost for projects exercising sound professional judgment to achieve the project objectives within established timeline.
• Preparation of communications such as letters, reports and presentation pertaining to proposal for services, terms of engagement, representation letters, audit issues and internal control weaknesses etc.
Nature of engagements worked upon:
• Assurance engagements
• Audit of annual financial statements.
• Review of interim financial reports.
• Audit of financial statements of retirement benefit plans.
• Compliance review and other certifications.
In accordance with International Accounting Standards / International Financial Reporting Standards, International Standards on Auditing and local statutes.
The types of engagements described above were performed for these notable multinational, local, public, listed and private organizations:
NBP Leasing Limited
Saudi Pak Leasing Company Limited
NIB Bank Limited – (Pakistan Industrial Credit and Investment Corporation)
National Bank of Pakistan
Saudi Pak Commercial Bank Limited
Abbott Laboratories (Pakistan) Limited
Bristol-Myers Squibb Pakistan (Private) Limited
Gillette Pakistan Limited
Shahtaj Textile Limited
Indus Dyeing & Manufacturing Company Limited
Tata Textile Mills Limited
Salfi Textile Mills Limited
Pakistan Security Printing Corporation (Private) Limited
Tyco Fire & Security Pakistan (Private) Limited
National Clearing Company of Pakistan
On behalf of M. Yousuf Adil Saleem & Co., I parted in the Global Development Program of Deloitte. Due to this I worked with Deloitte & Touche, Bakr Abulkhair & Co. – Dammam Office (Saudi Arabia). The types of engagements described above were performed for the notable multinational, local, public, listed and private organizations.
Burger King – Hana Middle East Headquarters
Mohammad Salem Al Suwaidi Trading And Development Company (Qatar Operation)
Arabian Thermal Aire Industries Company
Abdullah Fouad Holding Company – Medical Supplies Division and Supplies and Services Division
Saudi Road Marking Company
Technical Trading Company
Branch of SK Engineering & Construction Company Limited
Mohammad Salem Al Suwaidi Equipment and Transportation Company
Mohammad Salem Al Suwaidi (Single Person Company) Bahrain