Profileimage by Anonymous profile, CFO/ Head of Finance and Controlling, CFO, Chief Internal Auditor

Last update: 28.08.2023

CFO/ Head of Finance and Controlling, CFO, Chief Internal Auditor

Company: The Turnaround Expert
Graduation: not provided
Hourly-/Daily rates: show
Languages: German (Limited professional) | English (Limited professional) | French (Limited professional)


Business Software Microsoft Dynamics Oracle Hyperion Accounting Systems Auditing Spreadsheets Cloud Computing Customer Data Management Finance Fraud Prevention and Detection + 15 more keywords




accounting systems, E-Business Suite, Business Suite, Cloud, customer data, Fraud Investigation, Information Technology, IT solutions, System Audit, JD Edwards, Lexware, Microsoft Dynamics, MS-Dynamics, Excel, MS Office applications, Outlook, PowerPoint, Visio, Word, NetSuite, Oracle, R12, Oracle Hyperion, Hyperion, Peachtree, Power BI, PMIS, QuickBooks, implementation of recommendations, SAP S/4HANA, Sage, spreadsheets, Xero

Project history

01/2022 - 05/2022
CFO/ Head of Finance and Controlling

Outsourcing 4 work GmbH
CFO/ Head of Finance and Controlling
Germany and Pakistan
Jan 2022 - May 2022.
Os4w is a company that offers Remote IT solutions, Recruitment Process Outsourcing and Digital Marketing Solutions.
The Company operates in 20+ countries worldwide. Was responsible for two German and a Pakistani entity.

* Build an integrated Financial Model to track and plan the company business plan (P&L, Cash Flow, Balance Sheet,
Revenue Forecasting, Liquidity Planning-FX Hedging) including company valuation from an investor's perspective.
* Provide in-depth analysis on financial performance to identify actionable insights and suggest ideas/
* Supervision on of the Commercial areas for the BUs.
* Work closely with the COO, CEO and the senior leadership team.
* Preparation of the business cases for the investors as well as ensuring proper financial planning and control of
CAPEX- projects.
* Oversee the ISO -27001 Certification for the entity.
* Preparing SOPs for the Group
* Finalization of 2021 Financials as per German GAAP- HGB in coordination with external auditors.
* Point of contact for banks, Tax consultants and regulatory authorities.
* Reviewing the KPIs through Power BI Dashboards of the BUs.
* Supervision of the Marketing and Business Development activities, project management within budget limits.

Procured MS- Dynamics 365 at a price lower than any vendor in the EU for both the German and Pakistani entities

2 | P a g e

12/2020 - 12/2021
Haq Group

The Group has a Logistics and Manpower Supply business with some of the renowned clients such as National
Foods, Coca Cola, Agro Processors (Soya Supreme), Dabur, Shabbir Tiles, etc.

* Providing leadership, direction and management of the finance and accounting team.
* Providing strategic recommendations to the CEO and members of the executive management team.
* Managing the processes for financial forecasting and budgets, and overseeing the preparation of all
financial reporting.
* Advising on long-term business and financial planning.
* Establishing and developing relations with senior management and external partners and stakeholders.
* Reviewing all formal Operations, Finance, HR and IT related procedures.
* Analyzing the company's financial strengths and weaknesses and proposing corrective actions.
* Identify and address potential financial risks for the company.
* Oversee all financial decisions, such as budgeting and auditing.
* Implement strategies and systems to improve financial performance.
* Supervision on of the Commercial areas for the BUs.
* Supervision of the Marketing and Business Development activities within costs and time constraints.
* Serve as a key point of contact for banks, tax consultants and auditors.
Restructuring the entire organization and adding value to the group in areas of Finance/ Accounts, Internal Audit,
HR Development and IT.

11/2018 - 12/2020
Chief Internal Auditor
Al Falah Holding

Since its incorporation, the company has expanded into core sectors of the economy including Industrial Production
& Manufacturing, Construction, Energy, Telecom, Transportations & Logistics, Shipping, Healthcare, Education, Real
Estate, Information Technology, General Trading, Food and Beverages, Retail, Educational Institutions and Safety &
Security with a total of 17 companies in the group. The Group has presence in UAE, KSA and Bahrain.
* Full Supervision of the Finance, Treasury and Accounts departments of the BUs.
* Responsible for coordinating with the business to the create, consolidate/aggregate, analyze and deliver the
Organization's Annual budget, Long-Term Plan, Quick Look, Quarterly Reforecast (for in year performance)
* Maintain controlled spreadsheets as a reporting layer over Hyperion.
* Reviewing of deliverables from the Planning & Commercial team.
* Ensuring compliance with internal policies, processes and procedures and establishing control protocol
* Participating in meetings with individuals and departments to understand internal processes and individual
* Monitoring Business Development and Marketing Campaigns of the BUs within the region.

Successfully coordinated in getting the KSA Ready-mix division to get its first KSA - ISO 9001, ISO 14001, OHSAS
18001 Scope Extension Audit Certification and Migration Audit for ISO 45001: 2018 for The Red Sea project and
Jizan Airport which eventually led in winning the two mega projects.
3 | P a g e

05/2017 - 10/2018
Assistant Manager Internal Audit
TECH Group

Owned by the Royal Family of Ajman and since its establishment in 2003, Tech Group has grown into a vertically
integrated multi-discipline construction and industrial company with a leading position in its markets. The Group has
businesses in various contracting disciplines such as piling and foundations, general contracting, logistics, Shipping,
ready-mix concrete, electromechanical works, steel fabrication, aluminum and glass, interior and joinery works,
concrete blocks, Retail, Telecom, Educational Institutions and premium quality petroleum with a total of 13 companies
in the group.

* Full Supervision of the Finance, Treasury and Accounts departments of the BUs.
* Responsible for coordinating with the business to the create, consolidate/aggregate, analyze and deliver the
Organization's Annual budget, Long-Term Plan, Quick Look, Quarterly Reforecast (for in year performance)
* Reviewing of deliverables from the Planning & Commercial team.
* Conducted risk assessment, prepared and updated risk registers (AMS-Audit Management System) of various
auditing areas.
* Facilitated in surveying functions and activities, in assigned areas to identify profit and cost-effective
* Discuss preliminary audit findings with the concerned staff/ management in order to highlight the observations to
management and to get their concurrences.
* Assist in preparation of executive summary for each engagement along with the detailed report and audit follow up
* Defined objectives, scope and approach of the proposed audit area.
* Performed audits in accordance with the approved scope of work, professional standards and drafted audit reports
for senior management reviews.
* Conducted review of Marketing and Business Development of the BUs and their performance.

Reduced Project expenditures by 10 % on projects namely 295 Villas in Sharjah and Tech Tower in Ajman.

10/2014 - 05/2017
Senior Internal Auditor
Fibrex Construction Group

Fibrex Construction Group is one of the major turnkey construction groups in the region handling projects in
the Gulf and across the Middle East ranging from residential, commercial, leisure, private, governmental and
educational categories with a total of 11 companies in the Group.

* Supervised the finance and accounting function of 11 sub-divisions of the group including the GRC division
and other projects such as Emirates National School in Sharjah, Khalifa University, Najmat Residential Twin
Towers and Al Reef 2 in Abu Dhabi.
* Analysis of the divisional performances across the group and of target companies at acquisition/merger.
* Supported and challenged the projects managers (PM) on their projects' performance.
* Led the invoicing and cash collection process with the support of the Commercial Department

4 | P a g e

Karachi, PAK | +92 32 492 347 83 | |

* Analysis of cost optimization opportunities
* Contributed to the definition of procedures and methods for Business Development in all aspects related
* to project accounting representation and integration within the Middle East scope
* Led various auditing operation, processes activities i.e., Procurement, Production, Fixed Assets, Inventory,
Finance, Accounts, and Commercial etc. highlighting risks and advising recommendations.
* Responsible together with the Business Process Owners for the implementation and self-assessment
of internal control / INCOME frameworks
* Support the entities and the Business Process Owners on internal control / INCOME matters
* Assessment and improvements of existing frameworks (together with BPO's)
* Identification of internal control deficiencies and implementation of recommendations
* Monitored and reported on internal control progress / issues
* Provided training in all activities related to Internal Control
* Reviewed Business Development and Marketing Department performance of BUs as per instruction of the CEO.

* Independently looked after the Emirates National School Sharjah project of AED 650 million and had given
savings of over AED 1.9 million over the period of employment.

09/2012 - 09/2014
Internal Auditor
Al Asab Group

Al Asab General Transport and Contracting Est. is one of the leading companies in the Gulf region with its presence
in the U.A.E, Oman and Algeria engaged in Oil and Gas, Civil Contracting, Infrastructure Development, Earthmoving,
Mechanical Works, Logistics, Food and Beverages, Retail and Catering Services with a total of 7 Companies in the
* Analyzed customer data and financial statements to determine the degree of risk involved in extending credit.
* Oversee transactional processes and identify areas where additional accuracies and efficiencies can be
* Managed and anticipated company's banking requirements with a focus towards seeking bank portfolio
growth for overseas branches
* Supervised ongoing banking portfolio, with a continuous focus towards change and transformation
* Assessed, where applicable, compliance with the International Financial Reporting Standards, Regulatory
requirements, Company Policies & Procedures etc.
* Identified key risks and controls during each audit project and evaluate and report on the adequacy and
effectiveness of the entity internal controls.

* Reduced Project expenditures by 15 % on projects namely Shah Gas Development project and Al Suqour Road
at Sila, Abu Dhabi.

08/2010 - 09/2012
Chief Accountant
Ecko Textiles (Pvt) Limited

Ecko Textiles offers woven fabric and Sizing facility including heavy qualities and are one of the leading weaver and
commercial sizers'.

* Liaised with the authorities, banks and external auditors and submitting all statutory returns.
* Led full spectrum of financial and cost accounting role e.g. AR, AP, GL, forecasting, budgeting and ensured
timely closing of accounts.
* Executed project cost forecasts, budgets, cost tracking, monitoring and controls.
* In charge of monthly consolidated financial statements, payments, cash-flow management
* Ensure that all necessary documents are requested, collected, and compiled
* Review corporate and personal income tax returns to ensure accuracy
* Advise business owners and individuals regarding the tax
* Maintain current and garner new client relationships
* Monitor and mentor/train junior staff, clerks, and bookkeepers
* Detect and address potential compliance issues proactively
* Maintain compliance with all state and federal regulations at all times

01/2010 - 06/2010
Assistant Manager Finance
Saleh and Abdul Aziz Abahsain Co. Ltd

The group is a conglomerate and one of the top 50 employers in the Kingdom of Saudi Arabia and has a diversified
business portfolio.
* Prepared and analyzed periodic & statutory financial statements and management reports.
* Coordinated with Engineering, Operations and Sales departments on forecasted financial performance.

Successfully led the implementation of Fixed Assets, Account Receivable, Payables, Costing, HR and CRM
Modules of Oracle R12 E- Business Suite with Wipro Arabia Ltd team within deadlines.

03/2007 - 12/2009
Senior Audit& Assurance
Tariq Abdul Ghani and Co.

Established by a team of public accountants from leading international accountancy firms, TAG is engaged in
providing wide range of integrated solutions to a large portfolio of clients from a diversified activity segments within
and outside Pakistan, involved in 57 engagements at 34 different clients.

External Audit and periodic review
* Planned the audit engagement, preparation of time budgets & overall project plan
* Led large teams through planning, execution, completion & reporting stages of audit
* Coordinated with the team manager to define the extent of planned audit procedures and updating the
progress of the engagement
* Liaised with client's management and communication of relevant matters to persons at appropriate level of
* Reviewed financial and operational performance of the clients & reporting on the internal control system
* Consulted on significant matters with various professionals such as lawyers, tax advisors, actuaries & IT
* Assisted clients in the preparation of financial statements in accordance with IFRS, local corporate laws,
and directives of regulatory authorities.

Internal Audit and compliance assignment
* Identified significant & non- significant areas on the basis of materiality.
* Performed risk analysis & evaluating internal control system.
* Ensured compliance with the statutory guidelines of authorities.
* Prepared internal audit and management reports

PMIS / System Audit
* Coordinated with management to identify the weaknesses in the system and user specific issue.

* Designed management system / IT solution
* Implemented the system change and managing the change over
* Reviewed post implementation status and potential improvements
* Reported the management and preparing the user guidance manuals

Book keeping services
* Posted entries into the accounting systems
* Ensured that the transactions are adequately approved and authorized
* Prepared the financial statements and periodic reports.

12/2004 - 11/2006
Accounts Officer
Dost Sons Cotton Mills (Pvt) Ltd and Dost Steels Ltd; Dost Sons Cotton Mills (Pvt) Ltd

Dost Sons Cotton Mills (Pvt) Ltd, an Open end yarn manufacturing facility and operating its steel manufacturing
division Dost Steels Ltd, is one of the premier industrial group in Pakistan.
* Drafted financial statements & preparing management report.
* Preparing payroll, purchase orders, invoices & general entries on the system
* Reconciling accounts of customers & suppliers and monitoring their credit limit.


BSc (Hons) in Applied Accounting

Local Availability

Available worldwide
Profileimage by Anonymous profile, CFO/ Head of Finance and Controlling, CFO, Chief Internal Auditor CFO/ Head of Finance and Controlling, CFO, Chief Internal Auditor