Senior Level Finance Executive with over 16 years of experience in Oil & Gas, Construction, Manufacturing, and Service industry of which 13 year in one of the Largest Engineering, Procurement, Construction, and Commissioning Company in Pakistan. I am highly well versed with handling medium size turnkey projects, LTMA's, shutdown, and engineering consultancy projects in the field of Oil & Gas, Power, Steel, and Nuclear. Set up various policies, procedures, processes, financial models and reports to bring efficiency, reliability and improvements to the financial system of the organization. Consistently employ an energized, can-do management style utilizing financial analysis skills, vision, and tenacity.
My key skills include Management Reporting, Budgeting & Forecasting, Financial Analysis, Contract Accounting, Cost Controlling, Executive Presentation, SAP, Oracle, ERP Implementation, Strategic Planning & Analysis, Continues Process Improvement, Problem Solving, Communication Skills and Microsoft Office.
I am currently engaged with Noble Supply Chain & Global Forwarding (Private) Limited, as an Executive Director, where I design and implement financial plans to navigate the organization to profitable growth. Attached is my resume which showcases my progressive experience and successful track record for leading successful initiatives. My professional background and great industrial exposure coupled with an excellent track record makes me an ideal candidate for executive roles. As such, I would welcome a discussion regarding opportunities with your organization that fit my background.
• Setting financial plans to navigate the organization to profitable growth. • Strategic planning and objectives setting at the corporate level. • Steering business to a medium size organization.
• Established and implemented project financial status report for budgeting, forecasting, cost controlling, actual cost accumulation and consistent reporting.
• Organized and submitted budget/forecasts exercise within timelines; monitored budget accuracy and delivered explanation on deviation from plan to aid management in planning; made financial business plan to know performance.
• Supervised finance and accounting function in Oracle environment to maintain financial health of the company
• Management financial reporting for UAE, Qatar, Kuwait and KSA to UK Office to facilitate critical business decision making and analysis.
• Efficaciously prepared, examined, and analyzed accounting records, monthly financial statements, and reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
• Updated financial information and highlighted business’s performance on a periodic basis to determine level of compliance with relevant statutes, rules, procedures, policies, and regulations.
• Business unit Level budgeting i.e. Long Range Planning, Annual Operating Plan. Forecasting Latest position on month on month basis.
• Timely accumulation of project cost through high Level project review, strengthening monthly accrual, and enforcing requisition raising process.
• Risk assessment and commercial terms review of anticipated projects at proposal stage.
• Project work in progress follow-up to enforce timely billing and recovery within commercial terms.
• Accomplished financial planning function at group Level to ensure timely budgeting and forecasting for various geographical Locations including Pakistan, UAE, Qatar, Kuwait and KSA.
• Consolidated financial reporting at the group Level to present Latest financials position. Reviewed and analysis of significant areas with the board members for necessary decision making.
• Reviewed of project analytical study to determine forecast at completion and improving revenue recognition and progress/milestone billing.
• Played a key role as acting CFO of the Group during the transition period to prepare annual budget and statutory audit of accounts.
• Project financial controlling including appropriate revenue recognition under IAS 11 and monitoring of estimated Cost to Complete.
• Project financial reporting in comparison with budget / forecast, and forecast at completion.
• Worked as a member of high level three member team comprising of CEO, Head Projects to settle $44m claims with client and recover outstanding receivables of $7.5m, bank guarantees of $22m.
• Spearheaded negotiations with client for FX rate applicable on invoice leading to $800k improvement.
• Functioned in close coordination with the financial institutions for arrangement of funded and unfunded facilities at the company or project Level.
• Managing accounting, controlling, treasury, administration, and logistics functions of the company in SAP environment.
• Financial reporting to the Board including trends, anticipated risks, critical to the financial performance of the company.
• Designed financials policies & procedures to record financial transactions in a structured & controlled manner.
• Planned and implemented risk management framework for assessment of risk associated with the projects.
• Budgeting and forecasting in support of strategic directions, business plans of the company.