Experience

AKD Securities Ltd.

• Pakistan
• Financial Services
• 100 - 200 Employee

• Company Secretary & Head of Compliance

  • Sep 2017 - Present

  Pakistan AKD Securities Limited is Pakistan’s largest brokerage house, principally engaged in the business of stocks, money market, foreign exchange and commodity broking, investment banking/corporate finance and economic research. Responsibilities/Accomplishments: • Lead/ finalized legal and Operational merger of two licensed brokerage houses (AKD Securities and BIPL Securities) • Compliance function with respect to corporate finance deals, acquisitions, right issues, initial public… Show more AKD Securities Limited is Pakistan’s largest brokerage house, principally engaged in the business of stocks, money market, foreign exchange and commodity broking, investment banking/corporate finance and economic research. Responsibilities/Accomplishments: • Lead/ finalized legal and Operational merger of two licensed brokerage houses (AKD Securities and BIPL Securities) • Compliance function with respect to corporate finance deals, acquisitions, right issues, initial public offer, etc. • Responsible for Compliance with applicable regulatory requirements, internal policies, risk assessment to ensure that major risks are identified and company’s functions are in compliance with applicable regulatory framework. • Reporting of financial statements, Liquid Capital Statements (Quarterly/annually) after review and verification. • Involved in drafting, implementing policies, requisite controls/SOP (including in back office system). • Interpret, evaluate and implement new legislations, circulars notices issued by the regulators and other legal documents with respect to their impact on business operations of the company. • Coordinating with departments for resolving compliance issues in day to day operations and obtaining feedback / information for onward submission to the regulators. • Statutory Reporting, AML reporting, FATCA reporting, CSR reporting, Tax reporting, Compliance reporting to BOD. • Development of Compliance Plan, vetting legal documents/agreements • Responsible for all corporate matters, conducting Board meeting/general meeting, corporate announcements, preparation of minutes, submission to the Regulators. Show less



AKD ENTERPRISES LTD

• United Kingdom
• Financial Services

• Chief Financial Officer & Company Secretary

  • Dec 2017 - Present

  KARACHI AKD Group is one of renowned business group of Pakistan owned by Mr. Aqeel Karim Dhedhi. The AKD group has evolved into a vibrant set of business enterprises operating in key sectors of Pakistan's economy, including financial services, brokerage, telecom, infrastructure, manufacturing and natural resources. Responsibilities/Accomplishments: • Ensuring internal and external financial reporting requirements of the Company are in accordance with management policies, IFRS and… Show more AKD Group is one of renowned business group of Pakistan owned by Mr. Aqeel Karim Dhedhi. The AKD group has evolved into a vibrant set of business enterprises operating in key sectors of Pakistan's economy, including financial services, brokerage, telecom, infrastructure, manufacturing and natural resources. Responsibilities/Accomplishments: • Ensuring internal and external financial reporting requirements of the Company are in accordance with management policies, IFRS and applicable regulatory frameworks. • Analyzing and providing Board Members with recurring reports, proposals and financial information required for decision making. • Cash flow planning to ensure availability of funds as and when required for investments and operations. • Overseeing finance and accounts department for book keeping and maintaining proper financial records. • Liaison with external auditors of the company for timely completion of annual audit. Show less



Monno Group of Industries

• Bangladesh
• Glass, Ceramics and Concrete Manufacturing
• 1 - 100 Employee

• Assistant Manager - Group Internal Audit

  • Jul 2015 - Sep 2017

  - Assurance of compliance with Company Policies, Standard Operating Procedures, Human Resource Manual, Business Process, Income Tax Ordinance, Sales Tax Act including provincial taxes; - Comparison of monthly estimated budget with the actual budget; - Monitoring on Marketing / Sales activities, specially pricing, sales contracts and direct liaison with parties of Waste / Scrap parties; - Monitoring the reconciliation of Debtors, Creditors, Banks and Sales Tax Etc. - Surprise visits… Show more - Assurance of compliance with Company Policies, Standard Operating Procedures, Human Resource Manual, Business Process, Income Tax Ordinance, Sales Tax Act including provincial taxes; - Comparison of monthly estimated budget with the actual budget; - Monitoring on Marketing / Sales activities, specially pricing, sales contracts and direct liaison with parties of Waste / Scrap parties; - Monitoring the reconciliation of Debtors, Creditors, Banks and Sales Tax Etc. - Surprise visits at the factories for checking the cash, stock and store items; - Verification of complex JVs containing adjustments; - Verification of full & final settlements at the time of exit of all employees. - Any other duties assigned by the Management Show less



Worldcall Telecom Limited (an Omantel Company)

• Team Leader Internal Audit

  • Jul 2013 - Jun 2015

  Karachi Responsibilities/Accomplishments: • Preparation of Annual Audit Plan, Feasibility Reports AND Departmental budget; • Assurance of compliance with Standard Operating Procedures, Delegation of Authority Matrix, Human Resource Manual, Business Process, Income Tax Ordinance, Sales Tax Act including provincial taxes and code of Corporate Governance; • Preparation of Audit Manual- Policies and Procedures as to ensure timely financial reporting, safe guard of assets and ensure design and… Show more Responsibilities/Accomplishments: • Preparation of Annual Audit Plan, Feasibility Reports AND Departmental budget; • Assurance of compliance with Standard Operating Procedures, Delegation of Authority Matrix, Human Resource Manual, Business Process, Income Tax Ordinance, Sales Tax Act including provincial taxes and code of Corporate Governance; • Preparation of Audit Manual- Policies and Procedures as to ensure timely financial reporting, safe guard of assets and ensure design and implementation of internal controls; • Supervision and overall direction to the audit and field operational staff; • Managing team of professional and field staff; • Dealing with customer complaints to ensure timely resolution as per defined Turn Around Time; • Physical verification of structural work (i.e. OFC work) carried out while lining the Operational Activities and processing of such work invoiced; • Assurance of timely customer billings and collection thereof; • Liaison with external auditors and other regulatory authorities; • Carrying out different analysis (i.e. Sales, collections, billings, buy /lease options etc); • Monitoring and supervising physical verification of inventory on monthly basis; • Conducting workshops for department staff on periodical basis to equip with latest trends and knowledge. Show less



Riaz Ahmad & Company Chartered Accountants

• Pakistan
• Accounting
• 100 - 200 Employee

• Assistant Manager

  • Nov 2010 - Jul 2013

  Karachi Responsibilities/Accomplishments: • Facilitated completion of financial/operational audits including Internal Audits, System Audits/Reviews, Due Diligence studies and Statutory Audits • Supervised consultancy assignments relating to compilation of financial statements, implementation of financial applications and data migration to ERP solutions in respect of various companies • Facilitated various consultancy clients for secretarial compliance by helping in timely filing of statutory… Show more Responsibilities/Accomplishments: • Facilitated completion of financial/operational audits including Internal Audits, System Audits/Reviews, Due Diligence studies and Statutory Audits • Supervised consultancy assignments relating to compilation of financial statements, implementation of financial applications and data migration to ERP solutions in respect of various companies • Facilitated various consultancy clients for secretarial compliance by helping in timely filing of statutory records and drafting director reports, minutes of board meetings and compliance reports with code of corporate governance • Assisted in preparation of financial budgets and cash flow forecast including compilation of business plans during consultancy assignments • Reviewed taxation procedure of various clients and facilitated filing of tax returns and supervised tax audit of clients assigned by FBR

• Articleship Trainee

  • Sep 2006 - Nov 2010

  Karcahi Responsibilities/Accomplishments: • Performed review of audit working paper file to ensure that work was being carried out as per program and observations were supported by sufficient and appropriate audit evidence • Ensured that reports on findings were properly drafted and contained quality observations and recommendations for value addition • Major corporate clients included MCB Bank Limited, State Life Insurance Corporation of Pakistan, Adamjee Insurance Company, Dawood Capital… Show more Responsibilities/Accomplishments: • Performed review of audit working paper file to ensure that work was being carried out as per program and observations were supported by sufficient and appropriate audit evidence • Ensured that reports on findings were properly drafted and contained quality observations and recommendations for value addition • Major corporate clients included MCB Bank Limited, State Life Insurance Corporation of Pakistan, Adamjee Insurance Company, Dawood Capital Management Limited, Pakistan International Airline (PIA) Provident Fund, Hyderabad Electric Supply Company and 15 other companies • Applied analytical techniques and performed variance analysis to identify the changes/variation from the standards/trends and investigated underlying reasons