CFO of both Al-Momin Packaging Industries (flexi packaging manufacturing) and Ali Danyal Industries (eidable oil, protein meal and soap manufacturing)

Business leadership and financial strategist.

Key Member of Company Management Committee. Assisting CEO to achieve short and long term strategic targets.
Established and maintain strong relationships with Board and Senior Executives of Group so as to identify their needs and seek full range of business solutions. Provide executive management with advice on the financial implications of business activities.
Presentation of Quarter & Annual Financial results to Audit Committee & Board.
Provide leadership in the development of short and long-term strategic objectives and plans.
Evaluate and advise on the impact of long range planning, introduction of new products/ strategies and regulatory exposure and actions. Analyze profitable opportunities and rework business models to achieve objectives.
Ensure credibility of Finance function by providing timely monthly management accounts with accurate analysis of budgets, financial trends, forecasts.
Take hands-on lead position of developing, implementing, and maintaining comprehensive systems and controls.
Formulate (line item wise), consolidate, implement, monitor and control of annual corporate/ business plan, rolling forecasts, sensitivities, potential risk assessment, revenue mix, price structures & margin analysis.
Direct and manage all aspects of the financial accounting, budgeting/planning, costing, treasury and taxation functions of the Company.
Ensure compliance with financial statutory, regulatory, taxation and corporate governess matters.
Steering Committee Member SAP implementation, monitoring and continuous improvement.
Coordination with Finance functions of all Group Companies & advisory divisions of Fauji Foundation.
Liaison, communication and relationship maintenance with FBR, PRA, SRB, Customs, SECP, CDC, SBP, banks, audit firm, legal & tax lawyers, consultants, investment bankers, brokerage houses, analyst, internal audit, Pakistan dairy association, other provincial authorities and industry bodies.

 Directly reporting to Deputy Managing Director/ CFO.
 Management of Accounts of Bakri & Overseas Oil Trading Co. (OOTCL)
 Manage treasury function of both Companies.
 Supervise implementation of ERP at Bakri.
 Policies & procedures manual development.
 Coordination with Head Office Jeddah and regional offices at Kuwait & Dubai.

 Co-ordinate monthly, quarterly and annual closing of accounts for financial statement presentation.
 Manage Fixed Asset Accounting from Capex budgeting to retirement of asset.
 Payables and Taxation Management.
 Being SAP Power User for both Financial and Controlling (FICO) therefore guide, supervise and ensure proper understanding and execution of FI and CO processes.
 Comprehend senior management vision and addressing information needs through conventional MIS, Business Intelligence Dashboards (BI-SAP).
 Maintenance of Finance Authorization Matrix, Chart of Account, Ledger/ cost center/profit center hierarchy for SAP.
 In case of any new cross functional change requirement in any module of SAP, review of overall financial impact before approval by Management. Close co-ordination with SAP technical team and consulting firms for efficient running of SAP system.
 Guide and supervise support staff, monitor their performance, potential and prepare annual appraisals.
 Co-ordination and liaison with all departments of Company for efficient running of business processes.
 Communication with other Group Companies for facilitation and resolution of business transactions.
 Co-ordinate and facilitate during external and internal audits.

 Preparation of statutory annual, half-yearly and quarterly financial statements.
 Preparation and issuance to Company and Group Management Monthly Management Accounts.
 Co-ordinate with external auditors for finalization of annual audit and half-yearly review.
 Supervision of General Ledger, Accounts Receivable, Accounts Payable and Petty Cash.
 Review and approval over accruals, provisions and adjusting entries.
 Supervision of Payroll System and approval of routine payroll related transactions.
 Close liaison with I.T/ ERP Department for designing MIS to meet Management timely information requirements.
 Co-ordination with Budgeting for Preparation of annual budget, business plans and product/ project Feasibilities.

 Design and execution of Audit plan to assess adequacy and strength of internal controls of all business functions.
 Identification of improvements on matters related to risk management, control and governance processes.
 Compliance with applicable laws and regulations.
 Compliance with established Atlas Group rules and systems.
 Evaluation of sales, procurement, Costing, consumption, inventory, fixed asset and HR controls & management.
 Accuracy and reliability of financial, managerial and operating information system.
 Communication of audit observations to the appropriate level of management and audit committee.
 Follow-up of implementation of Audit Committee recommendations.
 Co-ordination with external auditors during annual compliance review with Code of Corporate Governess.

 Preparation of Annual Budget.
 Assistance in preparation of Monthly Management Accounts.
 Preparation of Strategic Business Plans/ Financial Models covering 3 to 10 years.
 Feasibilities in relation to introduction of new products.
 Preparation of product wise profit and loss and margin/ contribution analysis.
 Analysis of cost centers and variances.
 Sensitivity and flexible budget workings.
 Assistance in pricing and sales promotion strategy evaluation of products.
 Product costing, process subcontracting cost analysis, complete and marginal cost evaluation.
 Inventory valuation, periodic physical stock verification, aging analysis and cost/ net realizable determination.
 Reconciliation of Cost data with Financial Ledger.
 Co-ordination with external auditors.

 Extract cost data from cost centers, payroll system and financial ledger for various MIS generation.
 Valuation of Work in Process and Finished Goods inventories.
 Bank reconciliation statements.
 Royalty records and payment process to Honda Foundry Japan, UE Philippines and Perkin Diesel Engines.