General reporting and management

 Daily and periodic reporting relating to financial performance each individual outlets to Board of Directors,
 Cash flows management and monitoring of day to day financial affairs of individual outlets,
 Management of supply chain and logistic function including liaison with exporters, freight forwarders and clearing agents;
 Coordination and negotiation with various business vendors relating to products pricing, credit management, terms and conditions of procurements and payments,
 Liaison with respective provincial and federal tax authorities and ensuring timely compliance of various regulatory filings of General Sales Tax, withholding taxes and corporate returns,
 Liaison with lending financial institutions for various administrative reporting requirements relating to loans and credits;
 Dealing with the audit teams from the head office of the different franchisors and presenting required financial information and involved in heavy discussions with them.

Strategic Planning

Work with the heads of individual business units providing support in the development of annual strategic plans.

Costing, Budgeting & Forecasting

 Continuous analysis and update of costing systems for each business unit for product costing and pricing.
 Work with the business unit to facilitate the annual budgeting process.
 Work with the business unit to develop quarterly and full year forecast.

Operational Activities

 Provide consultation to the heads of business units to support in financial decision making.
 Analysis of the business results. This includes review, analysis and interpretation of the monthly financial results and their comparison with the budgeted performance.
 Develop detailed commentaries on the variance analysis.

Periodical review of Internal Control System

Key responsibilities

 Entity wise periodical financial performance reporting,
 Cash flows and working capital management,
 Financial planning and budgeting,
 Ensuring regulatory filings and reporting compliances,
 Liaison with financial institutions for various administrative reporting requirements relating to loans and credits,
 Liaison with franchisors relating to timely payments of royalties and associated financial matters,
 Liaison with auditors and tax consultants,
 Liaison with respective provincial and federal tax authorities and ensuring timely compliance of various regulatory filings of General Sales Tax, withholding taxes and corporate returns,
 Coordination and negotiation with various business vendors relating to products pricing, credit management, terms and conditions of procurements and payments,
 Analysis and update of product costing and pricing with coordination with head chef and marketing heads.
 Analytical review of the individual business results. This includes review, analysis and interpretation of the monthly financial results and their comparison with the budgeted performance.
 Periodic monitoring of various internal control procedures to ensure the timely acquisition of raw materials, lead or order timings, safeguards of raw materials from theft, wastage and controllable external factors.

I had enjoyed the status next to Partners of the firm and was responsible to manage following core operations of the firm:

External and internal audits

 Lead and guided the audit team in acquiring the knowledge, assessment of the business systems of the organization and the preparation of internal and external audit deliverables.
 Analyzed the internal control systems, identified weaknesses and preparation of suggestions, methods and procedures for improvement.
 Performed management audits to evaluate performance of management and highlighting key problem areas and suggest measures to improve corporate results.
 Performed agreed upon procedures and prepare other reports during dispute resolution between two parties as required by court or otherwise.
 Performed special audits of various brokerage houses for review of compliance of regulations of Securities and Exchange Commission of Pakistan and Karachi Stock Exchange.
 Performed various assignments for insurance companies to review the reasonableness of claims for loss of profit.
 During external audits knowledge and experience gained in business sectors like Insurance companies, Mutual funds, Brokerage houses, Leasing and Modaraba Cos., Manufacturing companies and Service industries.

 Managed outsourced internal audits departments of Pakistan Textile City Limited, Javedan Cement Limited, Cinepax Limited, CIM Shipping Inc., Synergy (Private) Limited, ATCO Laboratories (Private) Limited, M3 Technologies (Private) Limited, Arts Council of Pakistan and Arif Habib REIT Management Limited.



Financial and business advisory

 Reassessment and valuation of companies and shares of various organizations for mergers and for offering of shares in private equity transactions.
 Advised on acquisition of business to interested business after performing financial analysis of the offering concerns.
 Performed due diligence of various entities at the time of proposed acquisition on behalf

I occupied a key management position and performed the following functions:

 Managed day to day activities including payment processing, supervision of staff for recording of transactions, and other day to day issues.
 Involved in finalization of quarterly, half yearly and annual financial statements and other information which form part of financial statements.
 Ensured compliance of income tax, and corporate laws.
 Prepared various cost reports for management.
 Prepared management accounts and various other management reports as required by management.
 Performed bench marking of industry and compare company result with those of industry.
 Dealt with taxation authorities for finalization of assessments.
 Dealt with bankers for day to day operational issues and dealing with external auditors at the time of audit of financial statements.

I had an identifiable position in the finance department and was responsible to carry out with following functions:
 Prepared monthly financial, management and cost accounts
 maintained sales tax records, preparation of return and follow up for refunds
 Prepared of quarterly budgets, job order costing, daily fund management reporting
 Managed commercial and export receivables and payables
 filed monthly statutory statements and quarterly turnover tax
 Liaison with banks, trade customers and suppliers, sales tax and income tax authorities and statutory auditors.

Key responsibilities

 Prepared client service and communication plan.
 Prepared realistic budgets and monitoring actual performance.
 Supervised and coaching staff members.
 Provided constructive feedback to team members on their performance.
 Keep partners up to date with progress.
 Prepared management letter and suggesting improvements as appropriate.
 Prepared and reviewing the statutory accounts.
 Researched/gathered key information using internal and external information system.
 Performed overall analytical review of the client.
 Reviewed compliance of reporting to SBP, MCR, lending, provisioning, financing, solvency and liquidity of banking and non-banking companies, prudential regulations and other operational and disclosure requirements of State Bank of Pakistan Act, 1956, and the Banking Companies Ordinance, 1962. Companies Ordinance, 1984 and Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003.

Special assignments

 Reviewed front and back office operations and functions of banking companies, discussed, documented and ensured the observance of documented systems and procedures.
 Performed independent review of costing system of leading food and beverage business KFC Pakistan (Cupola Group) and preparation of detailed report including weaknesses, implications, suggestions and possible effects of revised costing system.
 Carried out review of financial information submitted to Privatization Commission of Pakistan by the Investment Corporation of Pakistan regarding ICP’s share in privatized companies.
 Supervised special purpose engagement regarding corporatization of main operational divisions of PIAC and assisted in preparation and presentation of information submitted to Privatization Commission of Pakistan and preparation of Data Room for the strategic investors.