Experience

FPCL (FFBL Power Company Limited)

• Pakistan
• Oil and Gas
• 300 - 400 Employee

• Chief Financial Officer

  • Apr 2019 - Present



FFBL Power Company Limited

• Rawalpindi

• Head Of Finance

  • Mar 2015 - Present

  Heading finance department of $ 290 Million Coal Power Project with following brief profile; • Overall project management with respect to continuous monitoring of imports, installation and completion timelines. • Review and monitoring of construction progress reports, coordination with lenders technical consultant and technical team of the project to satisfy their queries. • Oversee placement of insurances required during construction phase. • Responsible to the satisfaction of financiers, due diligence report of the project. • Being head of finance, established corporate finance and financial reporting department for the project. • Review, negotiate and finalize financing and security documents for achieving financial close of the project for financing of PKR 21.8 billion with consortium of 12 local banks. • Negotiate and finalize PPA (Power Purchase Agreement), SSA (Steam Supply Agreement) and FSA for coal. • Tariff modeling and finalization of tariff with NEPRA (National Electric Power Regulatory Authority). • Review and adhere regulatory requirements applicable during project development and construction phases. • Instrumental in devising company strategies by contributing financial & accounting information, analysis, recommendations and establishing functional objectives in line with company’s business priorities. • Advisory role in the finalization of Company’s Tariff, periodic review/preparation of managerial reports. • Identification and evaluation of business opportunities, budgeting and planning, cost control, production planning, analysis and evaluation of financial statements. • Studying long-term economic trends and project company’s prospects for future growth in overall market share and opportunities for acquisitions or expansion into new areas. Show less



Halmore Power Generation Company

• Appliances, Electrical, and Electronics Manufacturing
• 1 - 100 Employee

• Sr. Manager Finance

  • Sep 2011 - Feb 2015

  • Leads and develops financial controls for the organization and in line with best practice. Contributes to the development, monitoring and evaluation of the overall strategy, providing financial insights to facilitate decisions. • Accountable for the financial, and risk management operations of the company, including the development of a financial strategy, with emphasis on bottom line performance, working capital and enhancing shareholder value, improve performance, accurate reporting of financial results and fund raising. • Instrumental in devising company strategies by contributing financial & accounting information, analysis, recommendations and establishing functional objectives in line with company’s business priorities. • Tariff modeling and finalization of tariff for whole project life with NEPRA (National Electric Power Regulatory Authority), including verification of project cost incurred in light with project contracts, NEPRA determinations and all the regulatory requirements applicable in project development and construction phases. • Advisory role in the finalization of Company’s Tariff at COD, periodic review/preparation of managerial reports. • Identification and evaluation of business opportunities, budgeting and planning, cost control, production planning, analysis and evaluation of financial statements. • Responsible for review and finalization of the invoices for the export of electricity as per the Power Purchase Agreement, Power Project Development, working for new investment opportunities in Power sector. • Studying long-term economic trends and project company’s prospects for future growth in overall market share and opportunities for acquisitions or expansion into new areas. • Responsible for Statutory financials, SOX adherence and entity related statutory compliances Show less



Ghazi Fabrics International Limited

• Lahore,Pakistan

• Finance Manager

  • Jan 2008 - Sep 2011

  • Leadership & direction for financial decisions by establishing and monitoring various policies and procedures. • Budget Preparation by establishing schedules; collecting, analyzing, and consolidating financial data; recommending plans. • Complying with local legal requirements by studying existing and new legislation; anticipating future legislation; enforcing adherence to requirements; filing financial reports; advising management on actions. • Executing the daily operation of the company’s Finance activities, including budgeting, auditing, tax, accounting, risk management, long-term forecasting and investments activities. • Devising forecasting model for various products and eliminating non-moving items, thereby creating manufacturing efficiencies. • Completed ownership for Financial Accounting and Group Reporting including reviewed of general ledger, accounts payable and accounts receivable, preparation of reports as part of the month close process, adherence to Local Accounting, Audit and tax compliances. • Monitoring the filing of Income Tax/ Sales Tax returns and ensuring that any amendment in the Tax Laws has been properly implemented at all levels. POC for resolving matters with income tax and sales tax authorities. • Budget preparation, budget / actual analysis, reporting variance, spend analysis, opportunity identification for cost savings and cost productivity. • Implementing Internal Controls: Evaluation of various operating processes & providing suggestions to improvise on the same. Built internal checks and controls into the systems to safeguard the assets and ensured the accuracy of financial information. • Coached, mentored and developed of staffs in a team of 22 to achieve their targets for Operational efficiency. Show less



Active Apparels Int'l (Pvt.) Ltd

• Manager Accounts

  • Aug 2006 - Jan 2008

  • Centre of Excellence for Accounts in a new composite unit of Knitted Garments. Manage the preparation, in coordination with operating and supporting divisions, of the Opex, Capex, Cash and Corporate budgets; control spending against set budgets, and providing variance analysis reports to executive management. • Management and Financial reporting on monthly, quarterly and annually basis as well as timely submission of corporate taxation, sales tax and import duty exemption matter's. Reviewing variance reporting and reporting of any issues, risks & opportunities, flash reporting. • Monitoring capital expenditure, collection, cash flow, loan and finance, treasury and investments. • Preparation of monthly, quarterly, and annual accounts as per the requirements of the management and IFRSs. • Internal Controls, SOP’s, and Risk Management including proper insurance for company’s assets and currency strategies for the company business. • Instrumental in developing highly skilled accounting team to achieve established objectives. Show less



Grant Thornton LLP (US)

• United States
• Accounting
• 700 & Above Employee

• Audit Supervisor

  • May 2002 - May 2006

  • Preparation, examination, analysis and review of financial statements including cash flows and consolidated financial statements in maximum four unit’s environment. • Implemented Grant Thornton International’s new worldwide Horizon Audit approach in a fully computerized environment using electronic audit software of GTI. • Prepared fixed asset register as team member of a listed textile company of 12 years. • Verified compliance of secretarial matters on public issue and on routine matters of a listed concern. • Involved in time and resource planning for prospective and present consultancy & audit projects. • Planning execution and completion of audit assignments including analysis of existing organizational, internal control and accounting structure of clients, evaluating risks and advising management of remedial action. • Successfully completed the training courses on Grant Thornton International’s new worldwide Horizon Audit approach and its implementation using the Audit Software GTI Explorer. Show less