Muhammad Imran, FCA

Chief Financial Officer at Pakistan Revenue Automation Pvt. Limited
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Contact Information
us****@****om
(386) 825-5501
Location
Islāmābād, Pakistan, PK

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Experience

    • Pakistan
    • IT Services and IT Consulting
    • 500 - 600 Employee
    • Chief Financial Officer
      • Jun 2021 - Present

    • Pakistan
    • Education Administration Programs
    • 1 - 100 Employee
    • Director Finance & Operations
      • Sep 2018 - Jun 2021

    • Pakistan
    • Non-profit Organizations
    • 300 - 400 Employee
    • Chief Financial Officer
      • May 2016 - Aug 2018

      As chief financial officer accountable for the administrative, financial, and risk management operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Principal accountabilities are: - Assist in formulating the company's future direction and supporting tactical initiatives - Monitor and direct the implementation of strategic business plans - Develop financial and tax strategies - Manage the capital request and budgeting processes - Develop performance measures that support the company's strategic direction - Participate in key decisions as a member of the executive management team - Maintain in-depth relations with all members of the management team - Manage the accounting, human resources, investor relations, legal, tax, and treasury departments - Oversee the financial operations of subsidiary companies - Manage any third parties to which accounting or finance functions have been outsourced - Oversee the company's transaction processing systems - Implement operational best practices - Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package - Supervise acquisition due diligence and negotiate acquisitions - Financial Information - Oversee the issuance of financial information - Report financial results to the board of directors - Understand and mitigate key elements of the company's risk profile - Ensure that record keeping meets the requirements of auditors and government agencies - Report risk issues to the audit committee of the board of directors - Maintain relations with external auditors and investigate their findings and recommendations - Monitor cash balances and cash forecasts - Arrange for debt and equity financing Show less

    • Pakistan
    • Banking
    • 700 & Above Employee
    • Financial Controller & Company Secretary
      • Sep 2008 - Apr 2016

      As Financial Controller: Accountable for the accounting operations of the company, to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with generally accepted accounting principles or international financial reporting standards. Principal Accountabilities: - Maintain a documented system of accounting policies and procedures - Manage outsourced functions - Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives - Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures. Ensure that accounts payable are paid in a timely manner - Ensure that all reasonable discounts are taken on accounts payable - Ensure that accounts receivable are collected promptly - Issue timely and complete financial statements - Coordinate the preparation of the corporate annual report - Recommend benchmarks against which to measure the performance of company operations - Calculate and issue financial and operating metrics - Coordinate the provision of information to external auditors for the annual audit - Monitor debt levels and compliance with debt covenants Company secretary: - Report to the chairman and often liaise with board members - Organize and prepare agendas and papers for board meetings, committees and annual general meetings (AGMs) - Follow up on actions from meetings - Oversee policies, making sure they are kept up to date and referred to the appropriate committee for approval - Maintain statutory books, including registers of members, directors and secretaries Show less

    • Pakistan
    • Banking
    • 700 & Above Employee
    • Chief Financial Officer
      • Mar 2007 - Aug 2008

      As Chief Financial Officer of the Bank, I was responsible for: • The whole affairs of the Finance Division • Involved in the Implementation of the BASEL II • Compliance with the State Bank of Pakistan’s guidelines on Internal Controls • Involved in the implementation of the MISYS core banking system • Member of the bank’s ALCO Committee • Coordination with the External Auditors and Central Bank Auditors As Chief Financial Officer of the Bank, I was responsible for: • The whole affairs of the Finance Division • Involved in the Implementation of the BASEL II • Compliance with the State Bank of Pakistan’s guidelines on Internal Controls • Involved in the implementation of the MISYS core banking system • Member of the bank’s ALCO Committee • Coordination with the External Auditors and Central Bank Auditors

    • Banking
    • 700 & Above Employee
    • Finance Manager
      • Jan 2003 - Feb 2007

      Under direct reporting to the CFO in the Finance & Planning Unit of the Bank, I was responsible for: • Preparation of the bank’s Financial Statements in accordance with the statutory requirements. • Review and supervise Monthly profitability and variance analysis of products and business units. • Preparation of yearly budget of the bank in conjunction with CFO. • Analysis of Peer Banks, providing assistance to identify areas of strengths and weakness. • Coordination with the External Auditors and SBP Auditors • Delegation, Supervision and Review of subordinates’ work relating to SBP reporting, taxation and other matters relating to financial matters of the bank. • Attended various seminars on BASEL II conducted by SBP, IBP and PBA. Further, involved in preparation of projections for implementation of BASEL II. Show less

    • Pakistan
    • Accounting
    • 700 & Above Employee
    • Senior / Trainee
      • Aug 1998 - Dec 2002

      Audit and Business Advisory Services: As a Senior my responsibilities included: •Planning of the audit engagements and assessment of business and audit risks of clients. •Delegation, Supervision and Review of audit work. •Liaison with clients at the planning, execution and the conclusion stages of the audit. •Assisting the clients in the preparation of the Financial Statements in accordance with the statutory requirements. •Review of tax positions and advising the clients on tax matters. •Assisting the clients in the Reporting of Financial and Accounting Information to their foreign group companies. •Preparation of the Internal Control Memorandum to identify significant weaknesses in the client’s internal control system and recommending improvements thereon. •Implementation of the quality control procedures recommended by the PwC Global World Firm Limited. In addition to the audit engagements I had also been involved in the following special assignments: •Involved in demerger of Pharmaceutical and Agricultural sector Syngenta Pakistan Limited. •Involved in the international reporting of Novartis Pharma (Pakistan) Limited •Review of fixed assets systems and procedures •Review of internal controls and procedures •Special audit of internal control systems related to expenses and other assets of various regional offices of Novartis Pharma (Pakistan) Limited •Review and reporting loans and advances of banks in accordance with the Prudential Regulations of SBP. •Review of Gas Development Surcharge payable to Ministry of Petroleum and Finance. Show less

Education

  • The Institute of Chartered Accountants of Pakistan
    CA, Accounts and Finance
    1996 - 2003
  • Pakistan Institute of Corporate Governance
    Certified Director
    2010 -

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