Experience

Descon Engineering Limited

• Pakistan
• Construction
• 700 & Above Employee

• Financial Controller - Projects (EPC Sector)

  • Apr 2013 - Present

  Projects:- 1) - UCH II Expansion Project, Combined Cycle Power Project (Client:- UCH Power Pvt Limited, Pakistan) 2) Metro 50 MW Wind Power Generation Facility (Client:- Metro Power Company Limited, Pakistan) 3) K Electric 132KV Grid Up gradation (Client:- Karachi Electricity Supply Company) 4) PARCO Asphalt Blowing Unit (Client:- Pak Arab Refinery Limited, Pakistan) 5) Ranolia Hydro Power Project (Client:- Pakhtunkhwa Hydel Development Organization, Pakistan) Major Responsibilities:- • Preparation of Financial Statements as per IFRS / IAS; • Preparation of Project Budget, Annual Budget and Quarterly Forecast with periodical controls; • Variance analysis along with interpretation of deviation; • Ensure all month end activities are closed properly; • Review Analytical studies, Balance Sheet and Cash Flows and appraise significant trends; • Prepare and provide all type of data / reports required by the auditors and ensure true and fair view of the Financial Statements • Cost estimation and computation of BCTC; • Funds and treasury management; • Liaison with banks and handling all banking matters; • Approving authority for CS, CIR, Purchase orders, Subcontracting agreements and expense claims of employees; • Handle complex accounting of onshore and offshore books; • Ensure smooth Translation of Foreign books of accounts; • Maintain statutory books of each company separately in functional currency and consolidation of accounts for management in principal currency; • Provide support and inputs in preparation of proposal for new projects; • Risk assessment • Ensure compliance with applicable Laws and Taxes; • Maintain Fixed Assets register; • System development for effective operations; • Monitoring invoicing, payment and recovery; • Preparation of MIS reports ; • Supervise and train staff for efficiency and effectiveness Show less



Descon Engineering Qatar L.L.C

• Qatar

• Financial Controller - Project (Plant Construction Sector)

  • Jan 2011 - Mar 2013

  Projects:- 1) Pearl Shell GTL CM2B (Client:- JGC & KBR, Qatar) 2) Plateau Maintenance Project (Client:- Technip Chiyoda Joint Venture, Qatar) Major Responsibilities:- • Preparation of Financial Statements as per IFRS / IAS; • Preparation of Project Budget, Annual Budget and Quarterly Forecast with periodical controls; • Ensure all month end activities are closed properly; • Prepare and provide all type of data / reports required by the auditors and ensure true and fair view of Financial Statements • Liaison with banks and handling all banking matters; • System development for effective operations; • Monitoring invoicing, payment and recovery; • Preparation of MIS reports; • Financial ratios & analysis & Cost data analysis, Horizontal & Vertical analysis, Identifies significant trends and suggest improvement plan; • Direct & Indirect Cost Centre analysis and comparison with budget; • Compute variances of material, labour and fixed cost and interpretation on variances; • Conduct financial review on monthly basis and assist in appraising trends in management reports; • Analyze man-hour rate, deployment and efficiency of manpower; • Payroll Analysis e.g. over time trend, craft wise salary, deployment, hourly rate, actual average salary vs. budgeted salary; • Analyze machine-hour rate, deployment and efficiency of equipments; • Implementation of most cost effective buy vs. rent policy (in case of deployment of machinery and equipment); • Calculation of payback period and IRR of newly purchased assets; • Maintain Fixed Assets register; • Managing Letter of Credit, Letter of Guarantee, Bid Bonds, Leases and non funded facilities keeping financial charges at minimum; • Approving authority for CS, CIR, Purchase orders, Subcontracting agreements and expense claims of employees; • Conduct internal audit of E&P, Admin and Store department on quarterly basis for better controlling; Show less



Descon Engineering Qatar LLC

• Qatar

• Financial Controller ( Plant Services Sector & Mechanical Workshop )

  • Jun 2006 - Dec 2010

  Projects:- - Shut downs in Plants of Qatar Gas, Qatar Fertilizer, Dolphin Energy, Qatar Petroleum - Equipment Supply to Qatar Gas - Manpower Supply to Saipem, Qatar Gas, CTJV, Qatar Petroleum, Qchem - 24" feed Gas Pipeline for Qatar Gas (2008-2009) - EPC five modifications for Qatar Gas (2008 - 2010) - Under ground Pipeline for Qatar petrochemical (2007-2008) - Purge gas modifications for Technip Chiyoda Joint venture (2008 - 2009) FOR WORKSHOP Fabrication, Sand Blasting and Painting FOR CENTER BASED STORE Inventory Management, Bulk Purchase, Material Transfer Major Responsibilities:- • Preparation of Analytical Studies of Projects; • Preparation of P&L of workshop and cost status of CBS; • Consolidation of PS accounts; • Preparation of project budget and quarterly forecast; • Cash flow for proposal; • Invoice generation for workshop and follow up for recoveries; • Management of Cash and Bank; • Inter projects reconciliation, Material transfer reconciliation; • Client and vendor reconciliation; • Age Analysis of Debtors and Creditors; • Age Analysis and management of Inventory; • Maintenance of Fixed Assets register; Show less



Packages Limited

• Packaging & Containers
• 500 - 600 Employee

• Accounts Officer

  • May 2005 - Apr 2006

  Major responsibilities:- • Assist in preparation of monthly accounts; • Booking of receivable invoices, reconciliation with the clients; • Booking of payables invoices, reconciliation with the payables; • Deduction of withholdings; • Various reconciliation i.e. Bank, Cash, vendors; • Preparation of documents for letter of credit; Major responsibilities:- • Assist in preparation of monthly accounts; • Booking of receivable invoices, reconciliation with the clients; • Booking of payables invoices, reconciliation with the payables; • Deduction of withholdings; • Various reconciliation i.e. Bank, Cash, vendors; • Preparation of documents for letter of credit;



King's Food (Pvt) Ltd

• Pakistan

• Accountant

  • Feb 2002 - Apr 2005

  Major responsibilities:- • Booking of receivable invoices, reconciliation with the clients; • Booking of payables invoices, reconciliation with the payables; • Deduction of withholdings; • Preparation of monthly income statement; • Payroll management; • Preparation of efficiency report of Town & City Controller; Major responsibilities:- • Booking of receivable invoices, reconciliation with the clients; • Booking of payables invoices, reconciliation with the payables; • Deduction of withholdings; • Preparation of monthly income statement; • Payroll management; • Preparation of efficiency report of Town & City Controller;